Hess Corporation's most recent trend suggests a bullish bias. One trading opportunity on Hess Corporation is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 7.76% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 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 $72.50 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 55.27 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
Will 2014 Start the Shale Revolution 2.0?
Wed, 20 Nov 2013 21:46:27 GMT
Motley Fool – International shale drilling is expected to take off in 2014, but will it be a game changer like it has in North America?
Hess to Participate in Bank of America Merrill Lynch Global Energy Conference
Fri, 15 Nov 2013 22:12:41 GMT
noodls – NEW YORK–(BUSINESS WIRE)–Nov. 15, 2013– Hess Corporation (NYSE:HES) announced today that John Hess, Chief Executive Officer, will present at the Bank of America Merrill Lynch Global Energy Conference …
Hess to Participate in Bank of America Merrill Lynch Global Energy Conference
Fri, 15 Nov 2013 20:57:00 GMT
Hess to Participate in Bank of America Merrill Lynch Global Energy Conference
Fri, 15 Nov 2013 20:57:00 GMT
Business Wire – Hess Corporation announced today that John Hess, Chief Executive Officer, will present at the Bank of America Merrill Lynch Global Energy Conference in Miami on November 21 at 4:20 p.m.
Tangible (Book Value) Results
Fri, 15 Nov 2013 14:14:00 GMT
TheStreet – Stocks that traded below tangible book value have delivered handsome results over the past year. Is there still a buying opportunity?
Related Posts
Also on Market Tamer…
Follow Us on Facebook