Nabors's most recent trend suggests a bullish bias. One trading opportunity on Nabors is a Bull Put Spread using a strike $30.00 short put and a strike $25.00 long put offers a potential 12.61% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $30.00 by expiration. The full premium credit of $0.56 would be kept by the premium seller. The risk of $4.44 would be incurred if the stock dropped below the $25.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Nabors 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 Nabors is bullish.
The RSI indicator is at 68.73 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nabors
Wall Street Transcript Interview with Halbert S. Washburn, the CEO and Director of BreitBurn Energy Partners L.P. (BBEP)
Thu, 03 Jul 2014 19:24:00 GMT
Nabors Hits 52-Week High on C&J Agreement
Wed, 02 Jul 2014 11:05:46 GMT
NABORS INDUSTRIES LTD Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibi
Tue, 01 Jul 2014 21:19:29 GMT
Nabors Industries Ltd. Second Quarter 2014 Earnings Conference Call Invitation
Mon, 30 Jun 2014 23:17:41 GMT
noodls – HAMILTON, Bermuda, June 30, 2014 /PRNewswire/ — Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, Wednesday, July 23, 2014 at 10:00 a.m. …
Nabors Industries Ltd. Second Quarter 2014 Earnings Conference Call Invitation
Mon, 30 Jun 2014 22:49:00 GMT
PR Newswire – HAMILTON, Bermuda, June 30, 2014 /PRNewswire/ — Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, Wednesday, July 23, 2014 at 10:00 a.m. …
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