Apache's most recent trend suggests a bullish bias. One trading opportunity on Apache is a Bull Put Spread using a strike $87.50 short put and a strike $82.50 long put offers a potential 8.7% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $87.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $82.50 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 at 55.57 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Apache
Daily Dividend Report: APA, CINF, IPG, TSN, PF
Mon, 18 Nov 2013 17:06:00 GMT
Forbes – This morning, Apache (APA) declared its quarterly dividend of 20 cents per share, maintaining the amount paid to shareholders the prior quarter. Based on the current stock price, investors can expect a yield of about 0.9% going forward. Shares of Apache were flat on Monday, trading around $92.50 today. In other […]
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Thu, 14 Nov 2013 23:23:33 GMT
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Thu, 14 Nov 2013 22:58:00 GMT
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Energy stocks gain, with refiners in the lead
Thu, 14 Nov 2013 21:58:38 GMT
MarketWatch – Energy stocks rise on Thursday in a quiet session with investors keeping track of a confirmation hearing for Federal Reserve chairwoman nominee Janet Yellen.
APACHE CORP Financials
Thu, 14 Nov 2013 18:04:21 GMT
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