Helmerich & Payne's most recent trend suggests a bullish bias. One trading opportunity on Helmerich & Payne is a Bull Put Spread using a strike $50.00 short put and a strike $40.00 long put offers a potential 5.26% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $9.50 would be incurred if the stock dropped below the $40.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Helmerich & Payne 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 Helmerich & Payne is bullish.
The RSI indicator is at 31.01 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 Helmerich & Payne
How Does Helmerich & Payne Compare to Its Peers?
Thu, 19 Nov 2015 05:05:24 GMT
Why Helmerich & Payne’s Income Fell in Fiscal 4Q15
Fri, 13 Nov 2015 16:20:43 GMT
Here’s what CEOs said on this week’s earnings calls
Fri, 13 Nov 2015 14:59:38 GMT
Helmerich & Payne (HP) Stock Closed Higher on Mixed Earnings
Thu, 12 Nov 2015 21:27:00 GMT
Kohl's and Liberty Media are big market movers
Thu, 12 Nov 2015 21:24:04 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook