State Street's most recent trend suggests a bearish bias. One trading opportunity on State Street is a Bear Call Spread using a strike $72.50 short call and a strike $77.50 long call offers a potential 6.61% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $72.50 by expiration. The full premium credit of $0.31 would be kept by the premium seller. The risk of $4.69 would be incurred if the stock rose above the $77.50 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 at 33.08 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
Bond market may be more fragile than you think
Sun, 05 Oct 2014 10:00:43 GMT
State Street Corporation Announces Date for Release of Third-Quarter 2014 Financial Results and Conference Call Webcast
Wed, 01 Oct 2014 20:15:00 GMT
Business Wire – State Street Corporation plans to release its third-quarter 2014 financial results on Friday, October 24, 2014, followed by a related Internet broadcast of a conference call at 9:30 a.m.
State Street fires back in ETF price war
Tue, 30 Sep 2014 17:08:26 GMT
Financial Times – The price war among exchange traded fund providers in Europe further intensified on Tuesday after State Street Global Advisors announced fee cuts averaging 20 per cent across 15 of its core equity and …
The Premium Just Got Personal: State Street Report Finds Insurers Needing to Upgrade Technology Platforms to Bridge the Digital Divide
Mon, 29 Sep 2014 15:55:00 GMT
Business Wire – As insurers look to fuel growth, build better relationships with customers and move into new markets, significant investment in technology will be needed in order to keep pace with change, according to a new report from State Street .
SPDR Launches Quality ETFs Targeting Mexico, Korea and Taiwan
Wed, 24 Sep 2014 15:36:40 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook