Hess Corporation's most recent trend suggests a bearish bias. One trading opportunity on Hess Corporation is a Bear Call Spread using a strike $72.50 short call and a strike $77.50 long call offers a potential 15.21% return on risk over the next 32 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 $0.66 would be kept by the premium seller. The risk of $4.34 would be incurred if the stock rose above the $77.50 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 20.38 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 Hess Corporation
Jim Cramer: EOG Is One of the Few Up on Year Despite Falling Oil Price
Tue, 16 Dec 2014 16:30:00 GMT
Cramer's Mad Dash: Oil discipline
Tue, 16 Dec 2014 14:28:00 GMT
Hess (HES) Stock Rising Today on Analyst Action
Mon, 15 Dec 2014 14:20:00 GMT
North Dakota sees low cost to comply with crude standards
Fri, 12 Dec 2014 23:13:07 GMT
Reuters – North Dakota's strict new standards for oil treatment, requiring every barrel of crude be filtered for dangerous types of natural gas, should add 10 cents to the cost of producing every barrel, regulators …
Hess Toy Trucks Celebrate 50 Years
Fri, 12 Dec 2014 01:10:57 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook