National Oilwell's most recent trend suggests a bullish bias. One trading opportunity on National Oilwell is a Bull Put Spread using a strike $72.50 short put and a strike $67.50 long put offers a potential 19.33% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $72.50 by expiration. The full premium credit of $0.81 would be kept by the premium seller. The risk of $4.19 would be incurred if the stock dropped below the $67.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for National Oilwell 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 National Oilwell is bullish.
The RSI indicator is at 54.28 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for National Oilwell
NATIONAL OILWELL VARCO INC Financials
Tue, 11 Nov 2014 18:04:20 GMT
Quotes about the economy from this week's earnings calls
Fri, 07 Nov 2014 15:00:41 GMT
10-Q for National Oilwell Varco, Inc.
Thu, 06 Nov 2014 00:08:33 GMT
National Oilwell Varco's Volatility Is Not for the Squeamish Investor
Wed, 05 Nov 2014 19:35:00 GMT
National Oilwell Varco Announces 2014 Analyst Day
Wed, 05 Nov 2014 13:41:49 GMT
noodls – HOUSTON–(BUSINESS WIRE)–Nov. 5, 2014– National Oilwell Varco, Inc. (NYSE:NOV) announced today that it will host its 2014 Analyst Day on Tuesday, November 18, 2014, and Wednesday, November 19, 2014. …
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