Apache's most recent trend suggests a bullish bias. One trading opportunity on Apache is a Bull Put Spread using a strike $101.00 short put and a strike $96.00 long put offers a potential 26.26% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $101.00 by expiration. The full premium credit of $1.04 would be kept by the premium seller. The risk of $3.96 would be incurred if the stock dropped below the $96.00 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 at 58.13 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Apache
Apache To Release Second-Quarter 2014 Results July 31
Thu, 24 Jul 2014 14:34:08 GMT
noodls – HOUSTON, July 24, 2014 /PRNewswire/ — Apache Corporation (NYSE, Nasdaq: APA), will release its second-quarter 2014 results at 7 a.m. Central time Thursday, July 31, followed by a conference call to discuss …
Apache To Release Second-Quarter 2014 Results July 31
Thu, 24 Jul 2014 12:00:00 GMT
PR Newswire – HOUSTON, July 24, 2014 /PRNewswire/ — Apache Corporation (NYSE, Nasdaq: APA), will release its second-quarter 2014 results at 7 a.m. Central time Thursday, July 31, followed by a conference call to discuss its results at 1 p.m. Central time. Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt, the United Kingdom and Australia.
Apache Surges When Activist Investor Reveals Major Stake
Wed, 23 Jul 2014 19:27:57 GMT
Why Apache (APA) Stock Is Lower Today
Wed, 23 Jul 2014 13:39:00 GMT
Why Apache (APA) Stock Continues To Jump Today
Tue, 22 Jul 2014 19:28:00 GMT
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