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 8.7% 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 $0.40 would be kept by the premium seller. The risk of $4.60 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 69.52 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Hess Corporation
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Wed, 16 Oct 2013 21:18:12 GMT
Motley Fool – Consol Energy's new venture into natural gas may be exactly what the coal industry needs: diversification.
Cramer: Buy Pioneer; Dicker: Play Hess
Wed, 16 Oct 2013 17:01:00 GMT
TheStreet – NEW YORK ( TheStreet ) — I was talking today with Jim Cramer about Hess and its positive moves of asset sales and share buybacks. The company's fantastic execution has made it a real value buy in the …
Cramer: Buy Pioneer – Dicker: Play Hess
Wed, 16 Oct 2013 17:00:00 GMT
TheStreet – Jim Cramer and Dan Dicker debate the relative merits of oil companies Hess and Pioneer Natural Resources.
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Tue, 15 Oct 2013 17:59:00 GMT
Investor's Business Daily – Oasis Builds Bakken Oil Acreage As Wall Street Gushes
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Tue, 15 Oct 2013 17:43:00 GMT
TheStreet – If the government defaults, oil would see catastrophic drops similar to 2008, Dan Dicker tells TheStreet's Joe Deaux.
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