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 12.87% 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 $0.57 would be kept by the premium seller. The risk of $4.43 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 70.09 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 2013 Toy Truck Model
Wed, 23 Oct 2013 10:00:00 GMT
PR Newswire – NEW YORK, Oct. 23, 2013 /PRNewswire/ — Hess revealed the 2013 Toy Truck model ahead of its scheduled November 1 launch with help from fans through social media: The 2013 Hess Toy Truck and Tractor. Fans …
Consider Hess A Growth Stock
Tue, 22 Oct 2013 19:23:28 GMT
Seeking Alpha – Hess Corp. ( HES ) is a New-York-based integrated oil and gas company, which engages in exploration and production activity of hydrocarbons in the USA as well as other regions internationally. Its refining …
Brent, WTI Oil Grow Further Apart
Tue, 22 Oct 2013 17:33:31 GMT
TheStreet – The Brent-WTI oil spread is widening, and the move won't end soon. TheStreet's Dan Dicker tells Joe Deaux why you can't ignore it.
Newfield Exploration to exit Malaysia in $898 mln deal
Tue, 22 Oct 2013 13:22:10 GMT
Occidental Plans to Shed Assets
Fri, 18 Oct 2013 15:58:28 GMT
Fox Business – Occidental Petroleum plans to shed some of its assets and reduce its stake in Plains All-American Pipeline, taking its first steps as part of a strategic review.
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