EOG Resources's most recent trend suggests a bullish bias. One trading opportunity on EOG Resources is a Bull Put Spread using a strike $92.50 short put and a strike $87.50 long put offers a potential 11.86% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $92.50 by expiration. The full premium credit of $0.53 would be kept by the premium seller. The risk of $4.47 would be incurred if the stock dropped below the $87.50 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for EOG Resources is bearish and the probability of a decline 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 EOG Resources is bullish.
The RSI indicator is at 76.53 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for EOG Resources
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Thu, 17 Jan 2019 13:48:30 +0000
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Eagle Ford's 2018 boom may not extend to 2019
Wed, 16 Jan 2019 20:50:14 +0000
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EOG Resources Schedules Conference Call and Webcast of Fourth Quarter and Full Year 2018 Results for February 27, 2019
Tue, 15 Jan 2019 21:14:00 +0000
HOUSTON , Jan. 15, 2019 /PRNewswire/ — EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss fourth quarter and full year 2018 results on Wednesday, February 27, 2019 , at 9 a.m. …
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