Hess Corporation's most recent trend suggests a bearish bias. One trading opportunity on Hess Corporation is a Bear Call Spread using a strike $52.50 short call and a strike $57.50 long call offers a potential 13.9% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.50 by expiration. The full premium credit of $0.61 would be kept by the premium seller. The risk of $4.39 would be incurred if the stock rose above the $57.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Hess Corporation 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 Hess Corporation is bearish.
The RSI indicator is at 29.09 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Hess Corporation
Why Hess Corp’s Implied Volatility Fell after Earnings
Tue, 02 Aug 2016 13:04:56 GMT
Fugro completes metocean data acquisition for Hess offshore Ghana
Tue, 02 Aug 2016 11:31:09 GMT
noodls – Fugro has completed a 33-month period of metocean data acquisition for Hess Ghana Exploration Limited, an indirect wholly owned subsidiary of Hess Corporation and leading independent energy company that …
Why Hess Stock Fell despite Better-than-Expected 2Q16 Earnings
Mon, 01 Aug 2016 15:06:14 GMT
Playing oil stocks
Mon, 01 Aug 2016 14:34:00 GMT
Why Hess Lowered Its 2016 Production Guidance Range
Mon, 01 Aug 2016 13:07:47 GMT
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