Helmerich & Payne's most recent trend suggests a bearish bias. One trading opportunity on Helmerich & Payne is a Bear Call Spread using a strike $72.50 short call and a strike $77.50 long call offers a potential 9.89% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $72.50 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock rose above the $77.50 long call 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 down which suggests that the medium-term momentum for Helmerich & Payne is bearish.
The RSI indicator is at 22.33 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
A Close Look at Helmerich & Payne, Inc.'s Dividend Potential
Fri, 10 Feb 2017 20:42:08 GMT
What Are Analysts’ Forecasts for Patterson-UTI Energy?
Fri, 10 Feb 2017 19:05:43 GMT
HELMERICH & PAYNE, INC. Financials
Thu, 09 Feb 2017 18:04:06 GMT
HELMERICH & PAYNE, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
Wed, 08 Feb 2017 11:06:49 GMT
1 Energy Stock With a Better Dividend Than Helmerich & Payne, Inc.
Sat, 04 Feb 2017 16:46:48 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook