National Oilwell (NOV) Offering Possible 5.93% Return Over the Next 7 Calendar Days

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National Oilwell’s most recent trend suggests a bullish bias. One trading opportunity on National Oilwell is a Bull Put Spread using a strike $33.00 short put and a strike $28.00 long put offers a potential 5.93% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $33.00 by expiration. The full premium credit of $0.28 would be kept by the premium seller. The risk of $4.72 would be incurred if the stock dropped below the $28.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for National Oilwell 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 National Oilwell is bullish.

The RSI indicator is at 58.21 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for National Oilwell

See what the IHS Markit Score report has to say about National Oilwell Varco Inc.
Wed, 06 Dec 2017 13:03:04 +0000
National Oilwell Varco Inc NYSE:NOV

National Oilwell Varco, Inc. – Value Analysis (NYSE:NOV) : December 5, 2017
Tue, 05 Dec 2017 18:49:20 +0000
Categories: Fundamental Analysis Yahoo FinanceClick here to see latest analysis Capitalcube gives National Oilwell Varco, Inc. a score of 9. Our analysis is based on comparing National Oilwell Varco, Inc. with the following peers – Oil States International, Inc., Baker Hughes, a GE Company Class A, Schlumberger NV, Forum Energy Technologies, Inc., Tesco Corporation, Newpark Resources, Inc., Dril-Quip, Inc. … Read more
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National Oilwell Varco, Inc. breached its 50 day moving average in a Bullish Manner : NOV-US : December 4, 2017
Mon, 04 Dec 2017 12:18:45 +0000
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for National Oilwell Varco, Inc.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average … Read more
(Read more…)

Free Research Report as National Oilwell’s Revenue Grew 11% and Net Loss Narrowed
Thu, 30 Nov 2017 12:20:00 +0000
Stock Monitor: SAExploration Post Earnings Reporting LONDON, UK / ACCESSWIRE / November 30, 2017 / Active-Investors free earnings report on National Oilwell Varco, Inc. (NYSE: NOV ) (“National Oilwell”) …

OPEC’s latest deal with Russia could fall apart and tank crude oil
Tue, 28 Nov 2017 16:03:00 +0000
Crude oil is sliding again today as energy traders look ahead to the OPEC-led meeting in Vienna. What kind of deal should we expect? Yahoo Finance’s Alexis Christoforous and Jared Blikre discuss.

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