State Street's most recent trend suggests a bullish bias. One trading opportunity on State Street is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 13.64% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $60.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for State Street 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 State Street is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought 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
Thursday links: revisiting the evidence
Thu, 04 Aug 2016 17:31:25 GMT
State Street Corp. :STT-US: Earnings Analysis: Q2, 2016 By the Numbers : August 4, 2016
Thu, 04 Aug 2016 14:55:44 GMT
Seagate Technology Plc :STT-DE: Earnings Analysis: Q4, 2016 By the Numbers : August 4, 2016
Thu, 04 Aug 2016 05:49:53 GMT
Seagate Technology Plc :STT-DE: Earnings Analysis: 2016 By the Numbers : August 4, 2016
Thu, 04 Aug 2016 05:25:40 GMT
State Street Global Advisors Announces Changes to US SPDR® ETF Lineup
Tue, 02 Aug 2016 21:52:01 GMT
noodls – BOSTON–(BUSINESS WIRE)–State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE:STT), today announced plans to close and liquidate the following 12 exchange …
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