EOG Resources's most recent trend suggests a bearish bias. One trading opportunity on EOG Resources is a Bear Call Spread using a strike $102.00 short call and a strike $107.00 long call offers a potential 32.28% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $102.00 by expiration. The full premium credit of $1.22 would be kept by the premium seller. The risk of $3.78 would be incurred if the stock rose above the $107.00 long call 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 down which suggests that the medium-term momentum for EOG Resources is bearish.
The RSI indicator is at 37.13 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for EOG Resources
Best Bakken plays
Thu, 25 Sep 2014 18:22:00 GMT
Best Bakken plays
Thu, 25 Sep 2014 18:22:00 GMT
EOG Resources: Report Q2 2014
Wed, 24 Sep 2014 23:30:06 GMT
Four hurt in ‘flash fire' at EOG Resources' Wyoming natgas tank
Wed, 24 Sep 2014 14:56:25 GMT
Four injured in “flash fire” at EOG Resources Wyoming natgas plant
Wed, 24 Sep 2014 05:13:45 GMT
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