Hess Corporation's most recent trend suggests a bearish bias. One trading opportunity on Hess Corporation is a Bear Call Spread using a strike $80.00 short call and a strike $85.00 long call offers a potential 11.36% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $80.00 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock rose above the $85.00 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 27.47 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
Buckeye Up on Hess Assets Acquisition
Fri, 13 Dec 2013 16:10:02 GMT
Zacks – Buckeye Partners L.P. has completed its proposed acquisition of 20 liquid petroleum products terminals from Hess Corporation.
Ethan Bellamy of Robert W. Baird & Company Explains Why U.S. Oil and Gas Royalty Trusts Require a Cautious Investment Strategy: A Top 10 Equity Analyst Interview for 2013
Thu, 12 Dec 2013 17:50:00 GMT
Wall Street Transcript – 67 WALL STREET, New York – December 12, 2013 – The Wall Street Transcript has just published its Top Ten Equity Analyst Interviews of 2013 Report. This special feature contains expert industry commentary …
Buckeye completes acquisition of 20 terminals
Thu, 12 Dec 2013 00:08:01 GMT
Buckeye completes acquisition of 20 terminals
Thu, 12 Dec 2013 00:08:01 GMT
AP – Buckeye Partners L.P. said Wednesday that it completed its purchase of 20 liquid petroleum storage terminals from Hess Corp. for $850 million, expanding its business on the East Coast and the Caribbean. …
Ex-Dividend Reminder: PolyOne, Ecolab and Hess
Wed, 11 Dec 2013 15:42:00 GMT
Forbes – Looking at the universe of stocks we cover at Dividend Channel, on 12/13/13, PolyOne Corp. (NYSE: POL), Ecolab, Inc. (NYSE: ECL), and Hess Corp (NYSE: HES) will all trade ex-dividend for their respective upcoming dividends. PolyOne Corp. will pay its quarterly dividend of $0.08 on 1/9/14, Ecolab, Inc. will pay […]
Related Posts
Also on Market Tamer…
Follow Us on Facebook