Haliburton's most recent trend suggests a bearish bias. One trading opportunity on Haliburton is a Bear Call Spread using a strike $50.00 short call and a strike $55.00 long call offers a potential 11.61% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $50.00 by expiration. The full premium credit of $0.52 would be kept by the premium seller. The risk of $4.48 would be incurred if the stock rose above the $55.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Haliburton 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 Haliburton is bearish.
The RSI indicator is at 22.35 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
Lightning Round: Chevron, Halliburton & More
Tue, 10 Dec 2013 23:42:44 GMT
CNBC – Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
[$$] An Oil-Services Stock Rigged for Upside
Tue, 10 Dec 2013 19:49:00 GMT
Barrons.com – Sterne, Agee & Leach We are lowering our fourth-quarter earnings-per-share estimates on Baker Hughes, Halliburton, and Schlumberger owing to weaker-than-expected fourth-quarter Canadian activity, difficult weather in the U.S. land market and disruptions in Iraq. We reiterate our Buy rating for Halliburton (HAL) and Schlumberger (SLB); our rating of Baker Hughes (BHI) remains Neutral. With Canada representing about 15% of Baker Hughs' annual North American revenue, the softness in Canada weighs on Baker Hughes more than Schlumberger and Halliburton.
One Put, One Call Option To Know About for Halliburton
Mon, 09 Dec 2013 17:04:00 GMT
Forbes – Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Halliburton Company (NYSE: HAL). So this week we highlight one interesting put contract, and one interesting call contract, from the January 2014 expiration for HAL. The put contract our YieldBoost algorithm identified […]
Virginia Mulls Rule for Abandoned Clients: Business of La
Mon, 09 Dec 2013 05:01:01 GMT
Bloomberg – The Virginia State Bar is seeking to ease the pain for clients who find themselves caught in the middle of a lawfirm breakup or their own attorney’s departure from a law office.
BP Investors Can’t Sue as Group Over Losses, Judge Rules
Fri, 06 Dec 2013 23:20:45 GMT
Bloomberg – BP Plc’s U.S. investors can’t pursue as a group claims that the company inflated its shares with misleading statements before and after the Gulf of Mexico oil spill, a judge ruled, citing a recent Supreme …
Related Posts
Also on Market Tamer…
Follow Us on Facebook