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 6.84% return on risk over the next 29 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 $0.32 would be kept by the premium seller. The risk of $4.68 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 36.07 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
State Street Notifies Asset Servicing Clients about Billing Review
Thu, 17 Dec 2015 12:06:05 GMT
noodls – BOSTON–(BUSINESS WIRE)–State Street Corporation announced today that it is informing clients about a review that it initiated into the manner in which it invoiced certain expenses to asset servicing …
STATE STREET CORP Files SEC form 8-K, Regulation FD Disclosure
Thu, 17 Dec 2015 11:34:15 GMT
State Street Notifies Asset Servicing Clients about Billing Review
Thu, 17 Dec 2015 11:30:00 GMT
Business Wire – State Street Corporation announced today that it is informing clients about a review that it initiated into the manner in which it invoiced certain expenses to asset servicing clients.
How State Street’s Assets Are Stacking Up
Wed, 16 Dec 2015 21:09:18 GMT
Who wins, who loses in Boston with the Fed’s rate hike
Wed, 16 Dec 2015 20:10:10 GMT
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