Haliburton's most recent trend suggests a bearish bias. One trading opportunity on Haliburton is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 8.23% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $4.62 would be incurred if the stock rose above the $60.00 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 48.09 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Haliburton
Interesting July 2014 Stock Options for Halliburton
Mon, 25 Nov 2013 17:20:00 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 July 2014 expiration for HAL. The put contract our YieldBoost algorithm identified
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Mon, 25 Nov 2013 15:33:00 GMT
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There Could be a Value Play in the Oilfield Services Sector
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Wyo. court hears fracking chemical disclosure case
Thu, 21 Nov 2013 01:09:02 GMT
Wyo. court hears fracking chemical disclosure case
Thu, 21 Nov 2013 01:09:02 GMT
AP – The state Supreme Court heard arguments Wednesday over whether a trade secrets exemption in Wyoming's public records law may be invoked to shield from disclosure many of the chemicals the petroleum industry …
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