Apache's most recent trend suggests a bullish bias. One trading opportunity on Apache is a Bull Put Spread using a strike $42.50 short put and a strike $37.50 long put offers a potential 14.42% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $42.50 by expiration. The full premium credit of $0.63 would be kept by the premium seller. The risk of $4.37 would be incurred if the stock dropped below the $37.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Apache 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 Apache 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 Apache
Is LINN Energy LLC Doomed to Follow in Apache Corporation's Footsteps?
Sat, 17 Oct 2015 18:04:00 GMT
[$$] Companies to Workers: Start Saving More—Or We’ll Do It for You
Fri, 16 Oct 2015 04:31:15 GMT
The Wall Street Journal – Many companies are boosting the percentage of worker paychecks automatically diverted to 401(k) plans well above the standard 3%, in the latest attempt to transfer the burden of retirement costs to workers….
[$$] Companies to Employees: Start Saving More—Or We'll Do It for You
Fri, 16 Oct 2015 00:03:38 GMT
The Wall Street Journal – Many companies are boosting the percentage of worker paychecks automatically diverted to 401(k) plans well above the standard 3%, in the latest attempt to transfer the burden of retirement costs to workers….
Companies to Workers: Start Saving More—Or We’ll Do It for You
Fri, 16 Oct 2015 00:03:00 GMT
Apache Corporation to host webcast review of its North Sea Region Nov. 17
Thu, 15 Oct 2015 20:05:00 GMT
PR Newswire – HOUSTON, Oct. 15, 2015 /PRNewswire/ — Apache Corporation (NYSE, Nasdaq: APA) will host a webcast review of its North Sea Region for investors and analysts at 9 a.m. Central time Nov. 17, 2015. The webcast will be available on the company's website, www.apachecorp.com, and will last approximately 1.5 hours. The webcast will also be available for replay at approximately 2 p.m. Central time.
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