EOG Resources's most recent trend suggests a bullish bias. One trading opportunity on EOG Resources is a Bull Put Spread using a strike $185.00 short put and a strike $175.00 long put offers a potential 15.74% 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 $185.00 by expiration. The full premium credit of $1.36 would be kept by the premium seller. The risk of $8.64 would be incurred if the stock dropped below the $175.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for EOG Resources 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 EOG Resources is bullish.
The RSI indicator is at 52.18 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for EOG Resources
Top Fund Weathers Biotech Stock Sell-Off
Tue, 25 Mar 2014 22:23:00 GMT
EOG RESOURCES INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits
Tue, 25 Mar 2014 21:04:19 GMT
Commit To Purchase EOG Resources At $130, Earn 5.3% Using Options
Mon, 24 Mar 2014 15:39:00 GMT
Hi-Crush Partners LP: A Shale-Based Income and Growth Play
Mon, 24 Mar 2014 14:53:56 GMT
EOG Resources: Well-Positioned In The Bakken And Permian Basin
Mon, 24 Mar 2014 11:15:55 GMT
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