Hess Corporation's most recent trend suggests a bullish bias. One trading opportunity on Hess Corporation is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 9.65% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.00 by expiration. The full premium credit of $0.44 would be kept by the premium seller. The risk of $4.56 would be incurred if the stock dropped below the $90.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Hess Corporation is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Hess Corporation is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Hess Corporation
Hess Corporation Announces Notes Offering
Thu, 19 Jun 2014 21:53:00 GMT
Business Wire – Hess Corporation announced today that it has agreed to sell $300 million of 3-year notes with a 1.30% coupon maturing on June 15, 2017 and $300 million of 10-year notes with a 3.50% coupon maturing on July 15, 2024 in a registered public offering led by J.P.
[$$] Best Picks to Play Major Oil Stocks
Thu, 19 Jun 2014 15:01:00 GMT
Little Draw in Crude Oil Inventories Fails to Offset Iraq Concerns
Wed, 18 Jun 2014 17:15:30 GMT
Talisman Energy Could Be Planning to Sell Its Asian Assets
Tue, 17 Jun 2014 18:12:34 GMT
Hess Balanced on Risks and Rewards
Tue, 17 Jun 2014 13:20:11 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook