Spectra Energy (SE) Offering Possible 29.45% Return Over the Next 35 Calendar Days

This post was originally published on this site

Spectra Energy’s most recent trend suggests a bullish bias. One trading opportunity on Spectra Energy is a Bull Put Spread using a strike $260.00 short put and a strike $240.00 long put offers a potential 29.45% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $260.00 by expiration. The full premium credit of $4.55 would be kept by the premium seller. The risk of $15.45 would be incurred if the stock dropped below the $240.00 long put strike price.

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

The RSI indicator is at 46.17 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 Spectra Energy

Sea Limited Sponsored ADR (SE) Stock Sinks As Market Gains: What You Should Know
Wed, 14 Jul 2021 21:50:09 +0000
In the latest trading session, Sea Limited Sponsored ADR (SE) closed at $275.58, marking a -1.91% move from the previous day.

Is Sea Limited (SE) A Great Investment Choice?
Wed, 14 Jul 2021 16:45:12 +0000
ClearBridge Investments, an investment management firm, published its “International Growth ADR Strategy” second quarter 2021 investor letter – a copy of which can be downloaded here. The ClearBridge International Growth ADR Strategy outperformed its MSCI EAFE Index benchmark. The Strategy delivered gains across seven of the 10 sectors in which it was invested (out of 11 […]

2 Cheap Stocks That Are Doubling Revenues
Wed, 14 Jul 2021 15:03:59 +0000
The market is giving tiny multiples to Carvana and eXp World. This mispricing is an opportunity for savvy investors.

3 International Tech Stocks to Buy Right Now
Wed, 14 Jul 2021 12:00:00 +0000
American investors often stick with buying stock in American tech companies because they can be easier to research than international ones. Let’s take a look at three promising international tech stocks you should consider owning a stake in: Sea Limited (NYSE: SE), Nintendo (OTC: NTDOY), and ASML Holding (NASDAQ: ASML). With a market cap of about $145 billion, Sea Limited is Singapore’s most valuable listed company.

Will Sea Limited Be Able to Manage the Growth of Its 3 Business Segments?
Tue, 13 Jul 2021 11:37:00 +0000
Before Sea Limited (NYSE: SE) moved into e-commerce, it was an online gaming company called Garena. On a Fool Live episode recorded on June 16, Fool contributors Toby Bordelon and Brian Stoffel discuss the company’s moves into Latin America, the challenge of juggling three growing business segments, and what investors should be watching. Brian Stoffel: I’m going to start with Sea Limited, the ticker symbol’s, SE.

Be Sociable, Share!

Related Posts