Hess Corporation's most recent trend suggests a bullish bias. One trading opportunity on Hess Corporation is a Bull Put Spread using a strike $80.00 short put and a strike $75.00 long put offers a potential 29.2% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $80.00 by expiration. The full premium credit of $1.13 would be kept by the premium seller. The risk of $3.87 would be incurred if the stock dropped below the $75.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Hess Corporation 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 Hess Corporation is bullish.
The RSI indicator is at 37.23 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Hess Corporation
Hess Announces Plan to Develop Stampede Field in the Deepwater Gulf of Mexico
Tue, 28 Oct 2014 22:11:20 GMT
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5:42 pm Hess announces plan to develop stampede field in the Deepwater Gulf of Mexico
Tue, 28 Oct 2014 21:42:00 GMT
Hess Announces Plan to Develop Stampede Field in the Deepwater Gulf of Mexico
Tue, 28 Oct 2014 21:41:00 GMT
Business Wire – Hess Corporation today announced that together with its project co-owners it will proceed with the development of Stampede, an oil and gas project operated by Hess in th
Hess Corporation (HES): Will Earnings Disappoint in Q3?
Tue, 28 Oct 2014 18:40:35 GMT
Why the recent oil price drop has not yet affected rig count
Tue, 28 Oct 2014 18:36:33 GMT
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