Edison's most recent trend suggests a bullish bias. One trading opportunity on Edison is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 6.38% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $55.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Edison 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 Edison is bullish.
The RSI indicator is at 69.68 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Edison
[$$] Edison International Boosts Outlook
Tue, 28 Oct 2014 22:05:30 GMT
Edison International tops Street 3Q forecasts
Tue, 28 Oct 2014 21:42:46 GMT
Edison International tops Street 3Q forecasts
Tue, 28 Oct 2014 21:42:46 GMT
Edison International Earnings Call scheduled for 5:00 pm ET today
Tue, 28 Oct 2014 21:00:00 GMT
Edison International Reports Third Quarter 2014 Results
Tue, 28 Oct 2014 20:49:52 GMT
noodls – Media relations contact: Charles Coleman, (626) 302-7982 Investor relations contact: Scott Cunningham, (626) 302-2540 ROSEMEAD, Calif., October 28, 2014 – Edison International (NYSE: EIX) today reported …
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