Haliburton's most recent trend suggests a bullish bias. One trading opportunity on Haliburton is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 10.13% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.00 by expiration. The full premium credit of $0.46 would be kept by the premium seller. The risk of $4.54 would be incurred if the stock dropped below the $44.00 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 78.5 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Haliburton
Halliburton expected to post higher 3Q profit
Fri, 18 Oct 2013 21:57:28 GMT
Halliburton expected to post higher 3Q profit
Fri, 18 Oct 2013 21:57:28 GMT
AP – After two big rivals posted strong third-quarter results Friday, investors will wait to hear what rival Halliburton Co. says on Monday. That's when Halliburton is scheduled to report its results before …
Will Halliburton's (HAL) Earnings Streak End?
Fri, 18 Oct 2013 21:30:01 GMT
Zacks – Major oilfield services provider Halliburton Co. is set to release its third quarter results on Monday, Oct 21.
The New Metric to View Oil Services
Fri, 18 Oct 2013 20:28:10 GMT
Motley Fool – With Halliburton's earnings release coming up soon, don't look at rig count as the tell-all for the industry.
Hedge in Halliburton before earnings
Fri, 18 Oct 2013 14:49:45 GMT
optionMONSTER – Halliburton is hitting two-year highs, and one large trader is apparently looking to protect those gains. More than 44,000 HAL options have traded, 4 times the daily average. Most of the action is in the …
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