Apache's most recent trend suggests a bullish bias. One trading opportunity on Apache is a Bull Put Spread using a strike $67.50 short put and a strike $62.50 long put offers a potential 22.85% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $67.50 by expiration. The full premium credit of $0.93 would be kept by the premium seller. The risk of $4.07 would be incurred if the stock dropped below the $62.50 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
Here’s a simple way to play the oil rebound
Fri, 17 Apr 2015 19:19:32 GMT
Watch Out Google, DARPA Just Open Sourced All This Swish ‘Dark Web' Search Tech
Fri, 17 Apr 2015 16:28:00 GMT
Forbes – Components of DARPA's Memex technology, which has been put to use by law enforcement agencies looking for human traffickers, go open source, with some intriguing partners revealed, including NASA, the Tor Project and a bunch of students and hackers. DARPA believes Memex won't just change the way police hunt criminals, but will also shake up the search industry, dominated by Google, Microsoft and Yahoo.
Apache To Release First-Quarter 2015 Results May 7
Thu, 16 Apr 2015 21:17:57 GMT
noodls – HOUSTON, April 16, 2015 /PRNewswire/ — Apache Corporation (NYSE, Nasdaq: APA) will release its first-quarter 2015 results at 7 a.m. Central time on Thursday, May 7, 2015 followed by a conference call …
Apache To Release First-Quarter 2015 Results May 7
Thu, 16 Apr 2015 20:47:00 GMT
PR Newswire – HOUSTON, April 16, 2015 /PRNewswire/ — Apache Corporation (NYSE, Nasdaq: APA) will release its first-quarter 2015 results at 7 a.m. Central time on Thursday, May 7, 2015 followed by a conference call …
Hands-on Tour of Apache Spark in 5 Minutes
Wed, 15 Apr 2015 20:59:20 GMT
noodls – Introduction Apache Spark is a fast, in-memory data processing engine with elegant and expressive development APIs in Scala, Java, and Python that allow data workers to efficiently execute machine learning …
Related Posts
Also on Market Tamer…
Follow Us on Facebook