State Street's most recent trend suggests a bearish bias. One trading opportunity on State Street is a Bear Call Spread using a strike $67.50 short call and a strike $72.50 long call offers a potential 12.87% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $67.50 by expiration. The full premium credit of $0.57 would be kept by the premium seller. The risk of $4.43 would be incurred if the stock rose above the $72.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for State Street 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 State Street is bearish.
The RSI indicator is at 35.34 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 State Street
Delaware Life Selects State Street Global Exchange for Insurance Software Solutions
Wed, 05 Mar 2014 00:14:15 GMT
noodls – ePAM for Investments and ePAM for Mortgages Provides Clients with Flexible and Scalable Investment Accounting Platforms BOSTON – State Street Global Exchange today announced that Delaware Life has expanded …
Here Come the Stock Picking ETFs, But Should You Care?
Tue, 04 Mar 2014 19:50:00 GMT
Mark W. Funke and Joe T. Shockley, Jr, President and CEO & Executive Vice President and CFO of Southwest Bancorp, Inc. (OKSB), Interview with The Wall Street Transcript
Tue, 04 Mar 2014 18:30:00 GMT
STATE STREET CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Tue, 04 Mar 2014 16:22:56 GMT
State Street set to begin trading futures for rival institutions
Tue, 04 Mar 2014 16:18:01 GMT
Financial Times – State Street Corporation, the US financial services group, is poised to begin trading futures for rival institutional investors, in a move that may curb investment banks' role as intermediaries in trading. …
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