Spectra Energy’s most recent trend suggests a bullish bias. One trading opportunity on Spectra Energy is a Bull Put Spread using a strike $282.50 short put and a strike $277.50 long put offers a potential 38.89% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $282.50 by expiration. The full premium credit of $1.40 would be kept by the premium seller. The risk of $3.60 would be incurred if the stock dropped below the $277.50 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 70.62 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
16 Best Beginner Stocks to Invest in Right Now
Mon, 28 Jun 2021 15:28:26 +0000
In this article we will take a look at the 16 best beginner stocks to invest in right now. You can skip our detailed analysis of these stocks, and go directly to 5 Best Beginner Stocks to Invest in Right Now. Note that all hedge fund data is based on the exclusive group of 800+ […]
10 Best Asian Stocks to Buy Now
Mon, 28 Jun 2021 15:09:47 +0000
In this article we will take a look at the 10 best Asian stocks to buy now. You can skip our detailed analysis of these companies, and go directly to the 5 Best Asian Stocks to Buy Now. Asia is gaining investors’ attention amid its explosive growth potential on the back of human capital, high-growth […]
Is Sea Limited a Threat to Latin America’s E-Commerce Giant, MercadoLibre?
Mon, 28 Jun 2021 14:30:00 +0000
In the past year, Sea Limited has expanded into numerous Latin American countries. Should MercadoLibre Investors be worried?
These Are 5 of the Fastest-Growing Large-Cap Stocks on the Planet
Sun, 27 Jun 2021 09:51:00 +0000
For more than a decade, growth stocks have been all the rage on Wall Street. Typically, it’s smaller companies that generate some of the fastest sales growth, while large-cap stocks (those with market caps of at least $10 billion) grow at a more tempered pace. You could rightly say that these are five of the fastest-growing large-cap stocks on the planet.
These 3 Cathie Wood Stocks Are Still Going Strong
Fri, 25 Jun 2021 09:35:00 +0000
Few institutional investors have made a bigger splash than Cathie Wood over the past 1 1/2 years. The founder of the ARK Invest family of exchange-traded funds vaulted into notoriety in 2020, as funds like her ARK Innovation ETF (NYSEMKT: ARKK) posted huge returns by taking advantage of favorable trends for the growth-heavy stocks Wood favors. The hit that growth stocks took earlier in the year sent ARK Invest ETF share prices lower, and even after a rebound, ARK Innovation is just barely in the green year to date.
Follow Us on Facebook