State Street's most recent trend suggests a bearish bias. One trading opportunity on State Street is a Bear Call Spread using a strike $70.00 short call and a strike $75.00 long call offers a potential 5.26% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $70.00 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 $75.00 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 below 20 which suggests that the stock is in oversold territory.
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
State Street fined £23m for secret mark-ups charged to clients
Fri, 31 Jan 2014 16:04:12 GMT
[$$] State Street Fined for Overcharging
Fri, 31 Jan 2014 13:31:49 GMT
State Street U.K. fined for clients fees without consent, Bloomberg reports
Fri, 31 Jan 2014 13:11:11 GMT
State Street fined $38 mln for overcharging clients
Fri, 31 Jan 2014 11:43:33 GMT
State Street Fined $37.7 Million by FCA Over Hidden Client Fees
Fri, 31 Jan 2014 11:11:18 GMT
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