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 7.07% return on risk over the next 23 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 $0.33 would be kept by the premium seller. The risk of $4.67 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 70 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
Will This Price Target Cut Hurt State Street (STT) Stock Today?
Wed, 23 Jul 2014 13:36:00 GMT
Liquid Alternatives Demand Surging With Bull Market, Bond Jitters
Tue, 22 Jul 2014 18:41:30 GMT
[$$] State Street Outlook Disappoints
Tue, 22 Jul 2014 17:28:17 GMT
Will State Street (STT) Stock Rebound After Second Quarter Earnings Beat?
Tue, 22 Jul 2014 16:47:00 GMT
State Street Appoints Head of Sector Solutions for Asia Pacific Region
Tue, 22 Jul 2014 16:37:16 GMT
noodls – HONG KONG – State Street Corporation (NYSE: STT) today announced the appointment of Kevin Wong as head of sector solutions for the Asia Pacific region. … This is an abstract of the original noodl. To …
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