Haliburton's most recent trend suggests a bullish bias. One trading opportunity on Haliburton is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 7.3% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.34 would be kept by the premium seller. The risk of $4.66 would be incurred if the stock dropped below the $50.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Haliburton 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 Haliburton is bullish.
The RSI indicator is at 56.2 level which suggests that the stock is neither overbought nor oversold at this time.
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 Haliburton
Interesting June Stock Options For Halliburton
Mon, 24 Mar 2014 15:56:00 GMT
Wall Street ends down as investors book profits
Fri, 21 Mar 2014 21:57:35 GMT
HALLIBURTON CO Files SEC form 8-K, Other Events
Wed, 19 Mar 2014 18:14:17 GMT
Dicker & Link: All Oil Services Stocks Are Not Created Equal
Wed, 19 Mar 2014 17:15:00 GMT
65 Years Later, Fracking Is Changing the World
Wed, 19 Mar 2014 15:01:56 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook