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 19.33% return on risk over the next 30 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 $0.81 would be kept by the premium seller. The risk of $4.19 would be incurred if the stock dropped below the $65.00 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 at 75.35 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
The Biggest ETF Trends
Tue, 19 Nov 2019 07:31:11 +0000
ETFs listed in the U.S. manage over $4 trillion in assets, and continued rapid growth is anticipated in several key areas.
State Street Expands MediaStats Offering with Macro Linkages Indicators
Mon, 18 Nov 2019 18:21:00 +0000
New Macro Linkages Indicators to Help Investors Gauge Inter-Asset Connectedness across Global Equity Markets and Currencies
SPDR® Gold Shares, the First US Gold-backed ETF That Changed How Investors Access Gold, Celebrates 15 Years
Mon, 18 Nov 2019 14:00:00 +0000
State Street Global Advisors, the asset management business of State Street Corporation and the World Gold Council, the market development organization for the gold industry, this week celebrates the anniversary of the first US exchange traded fund backed entirely by physical gold, SPDR® Gold Shares .
Should You Invest in the Invesco S&P 500 Equal Weight Financials ETF (RYF)?
Mon, 18 Nov 2019 11:53:11 +0000
Sector ETF report for RYF
The incredible rise of exchange-traded funds
Sun, 17 Nov 2019 09:00:10 +0000
As ETFs have exploded in popularity, something has changed in the way the world’s stock markets work.
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