State Street's most recent trend suggests a bullish bias. One trading opportunity on State Street is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 8.93% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $0.41 would be kept by the premium seller. The risk of $4.59 would be incurred if the stock dropped below the $65.00 long put 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
Barclays, Citigroup Among Banks Sued Over WM/Reuters Rates
Fri, 01 Nov 2013 22:31:16 GMT
Bloomberg – Barclays Plc, Citigroup Inc. and five other major banks were sued over allegations they conspired to manipulate WM/Reuters rates used for determining foreign exchange prices.
What to Buy Now as Expected Fed Taper Crushes Most of the mREIT Sector? A Wall Street Transcript Interview with Daniel Furtado, Specialty Finance Industry Equity Analyst at Jefferies & Company, Inc.
Thu, 31 Oct 2013 20:48:00 GMT
Wall Street Transcript – 67 WALL STREET, New York – October 31, 2013 – The Wall Street Transcript has just published its REITs Report offering a timely review of the sector to serious investors and industry executives. This special …
State Street, Putnam Pledge Pay Equity
Thu, 31 Oct 2013 15:59:29 GMT
State Street Global Exchange’s Will Kinlaw and David Turkington Honored with Peter L. Bernstein Award
Tue, 29 Oct 2013 20:17:01 GMT
noodls – State Street Global Exchange's Will Kinlaw and David Turkington Honored with Peter L. Bernstein Award Article on Integrating Liquidity with Expected Return and Risk Tackles the Portfolio Construction Problem …
State Street Global Exchange’s Will Kinlaw and David Turkington Honored with Peter L. Bernstein Award
Tue, 29 Oct 2013 17:17:00 GMT
Business Wire – Institutional Investor Journals and State Street Corporation announced today that Global Exchange employees Will Kinlaw and David Turkington have been selected as the winners of the 2013 Peter L.
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