ONEOK's most recent trend suggests a bearish bias. One trading opportunity on ONEOK is a Bear Call Spread using a strike $32.50 short call and a strike $37.50 long call offers a potential 5.26% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $32.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock rose above the $37.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for ONEOK is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for ONEOK is bearish.
The RSI indicator is at 32.48 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for ONEOK
ONEOK, Inc. Earnings Q3, 2015
Fri, 13 Nov 2015 17:04:40 GMT
ONEOK INC /NEW/ Financials
Wed, 11 Nov 2015 18:04:19 GMT
ONEOK INC /NEW/ Files SEC form 10-Q, Quarterly Report
Thu, 05 Nov 2015 12:11:46 GMT
Lightning Round: The best stock nobody talks about
Wed, 04 Nov 2015 23:53:18 GMT
Edited Transcript of OKE earnings conference call or presentation 4-Nov-15 4:00pm GMT
Wed, 04 Nov 2015 18:09:05 GMT
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