Hess Corporation's most recent trend suggests a bullish bias. One trading opportunity on Hess Corporation is a Bull Put Spread using a strike $90.00 short put and a strike $85.00 long put offers a potential 7.76% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $90.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock dropped below the $85.00 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 71.43 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Hess Corporation
Marathon Oil Sells Norwegian Unit for $2.7B
Mon, 02 Jun 2014 00:45:44 GMT
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Fri, 30 May 2014 15:03:00 GMT
UPDATE: Bank Of America Reiterates On Hess As Company Nears End Of Transition
Fri, 30 May 2014 12:28:40 GMT
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Fri, 30 May 2014 09:00:00 GMT
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Wed, 28 May 2014 18:51:30 GMT
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