Chevron's most recent trend suggests a bullish bias. One trading opportunity on Chevron is a Bull Put Spread using a strike $127.00 short put and a strike $122.00 long put offers a potential 9.41% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $127.00 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock dropped below the $122.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Chevron 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 Chevron 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 Chevron
5 Companies Hit 52-Week Highs
Tue, 09 Jan 2018 16:09:15 +0000
Multiple companies have managed to reach yearly highs
Integrated Energy Stocks’ Price-To-Earnings-To-Growth Ratios
Tue, 09 Jan 2018 15:32:48 +0000
The Integrated Energy Sector in 4Q17: XOM, CVX, RDS.A, BP
ExxonMobil’s Cash Flow: Is It Strengthening?
Tue, 09 Jan 2018 15:30:23 +0000
How Prepared Is ExxonMobil for 2018? Considering the additions to plants, property, and equipment and dividend payments, XOM’s cumulative cash outflows amounted to $20.6 billion in the first nine months of 2017.
3 Dividend Stocks With Better Yields Than Chevron
Mon, 08 Jan 2018 19:54:00 +0000
Target, Vale, and Total pay investors a higher dividend and are attractive income candidates today.
Exxon Mobil Corporation Stock Will Rise to New Record Highs
Mon, 08 Jan 2018 15:50:32 +0000
Exxon Mobil Corporation (NYSE:XOM), like all oil and gas companies, suffered when oil prices collapsed in 2014. Fortunately, its size left XOM stock in better shape than most of its peers in the industry. Now as oil prices begin to recover, “the largest publicly-traded international oil and gas company” finds itself well-positioned to bring income and wealth to shareholders again.
Related Posts
Also on Market Tamer…
Follow Us on Facebook