State Street's most recent trend suggests a bullish bias. One trading opportunity on State Street is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 6.16% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock dropped below the $57.50 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 27.19 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
SPDR® S&P Biotech ETF Receives Settlement Payment
Mon, 13 Oct 2014 22:04:00 GMT
Business Wire – State Street Global Advisors announced today that the SPDR® S&P Biotech ETF , received payment as an authorized claimant from a class action settlement relate
Investment funds will come under new regulatory focus – Carney
Sun, 12 Oct 2014 19:19:25 GMT
State Street’s TruCross/FX Solution Now Live
Thu, 09 Oct 2014 17:34:00 GMT
Business Wire – State Street Global Markets today announced that its TruCross/FX platform is now live and available to institutional investment managers. Announced in May, TruCross/FX is a FX spot benchmark execution product that facilitates the matching of institutional trades at benchmark rates, and is overseen by State Street Global Market’s Agency FX unit.
State Street Global Advisors Launches Global Real Estate Mutual Fund with CBRE Clarion Securities
Thu, 09 Oct 2014 13:45:00 GMT
Business Wire – State Street Global Advisors , the asset management arm of State Street Corporation , today announced the launch of the State Street Clarion Global Real Estate Income Fund, an open-end global real estate mutual fund.
3 Stocks Underperforming Today In The Financial Services Industry
Wed, 08 Oct 2014 17:04:00 GMT
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