Spectra Energy's most recent trend suggests a bullish bias. One trading opportunity on Spectra Energy is a Bull Put Spread using a strike $292.50 short put and a strike $287.50 long put offers a potential 21.95% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $292.50 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock dropped below the $287.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Spectra Energy 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 Spectra Energy is bullish.
The RSI indicator is at 51.55 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Spectra Energy
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Wed, 11 Aug 2021 06:33:16 +0000
Sea Ltd's (NYSE:SE) share price is back at all time highs ahead of the company's second quarter results which are due next week. The stock price is up 650% since March 2020 and some 2,000% in the last 3 years. When a stock experiences such a big rally, there's always a risk that it has become overvalued. It’s even more important to look at the valuation when a company isn’t profitable, as is the case with Sea.
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Mon, 09 Aug 2021 21:50:09 +0000
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Mon, 09 Aug 2021 13:12:58 +0000
In this article we will analyze whether Sea Limited (NYSE:SE) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their lead into […]
Sea Limited Stock Is Up 650% in 2 Years. Here's Why It's Still Just Getting Started
Sat, 07 Aug 2021 10:45:00 +0000
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Indonesia’s Largest-Ever IPO Began With a Bruising Overhaul
Fri, 06 Aug 2021 05:00:37 +0000
(Bloomberg) — When Teddy Oetomo joined Bukalapak.com three years ago, the Indonesian e-commerce startup was reeling. Hard-charging rivals were getting money from investors and raiding talent. Rumors swirled the company could go under.This week, in a remarkable turnaround, Bukalapak went public in the country’s largest-ever initial public offering. The company, an Indonesian hybrid of Amazon.com Inc. and Shopify Inc., raised $1.5 billion, kicking off what could be a coming-out party for startups
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