Schlumberger's most recent trend suggests a bullish bias. One trading opportunity on Schlumberger is a Bull Put Spread using a strike $87.50 short put and a strike $82.50 long put offers a potential 11.36% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $87.50 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock dropped below the $82.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Schlumberger 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 Schlumberger is bullish.
The RSI indicator is at 58.6 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Schlumberger
Aerospace looks ascendant in 2014: Cramer
Tue, 21 Jan 2014 23:00:00 GMT
CNBC – Mad Money host Jim Cramer shares 10 themes he is seeing in the market so far this year, 8 of which are positive.
Options Action: Get in Halliburton?
Tue, 21 Jan 2014 22:45:00 GMT
CNBC – Trading heavy action in oil field services, with CNBC contributor Mike Khouw of Dash Financial Group.
Halliburton, Schlumberger, Baker Hughes, Oh My!
Tue, 21 Jan 2014 20:25:00 GMT
Barrons.com – Halliburton (HAL), Schlumberger (SLB) and Baker Hughes (BHI). Three oil services firms with three very different responses to news today. First up, Halliburton. It reported a profit of 93 cents a share, …
Oil field servicing companies on the rise
Tue, 21 Jan 2014 20:00:00 GMT
CNBC – The 3 big oil field servicing companies — Schlumberger, Baker Hughes & Halliburton — all beat Q4 earnings expectations due to emerging markets in Asia and Africa. CNBC's Morgan Brennan explains.
Why Schlumberger’s Bad News Isn’t So Bad After All
Tue, 21 Jan 2014 17:36:29 GMT
Motley Fool – Oil-field-services giant sees intense competition crimping profits for its peers. But that’s actually good news for those invested in its customers.
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