Edison (EIX) Offering Possible 47.06% Return Over the Next 22 Calendar Days

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 47.06% return on risk over the next 22 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 $1.60 would be kept by the premium seller. The risk of $3.40 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 65.96 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 Edison

Edison International (EIX) Up 5.3% Since Earnings Report: Can It Continue?
Mon, 26 Mar 2018 06:31:06 +0000
Edison International (EIX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

AES Corporation, (The) — Moody's Affirms AES' Ba2 CFR; Changes Rating Outlook to Positive from Stable
Fri, 23 Mar 2018 14:37:07 +0000
Moody's Investors Service, (“Moody's”) today changed the rating outlook for The AES Corporation (AES) to positive from stable. At the same time, Moody's affirmed AES' Ba2 Corporate Family Rating …

The Biggest Movers: Everyone Loves Utilities
Thu, 22 Mar 2018 20:40:00 +0000
PG&E (PCG) jumped to the top of the S&P 500 on Thursday, as utilities were basically the only sector up amid the bloodbath. PG&E gained $1.49, or 3.5%, to $44.45. The S&P 500 lost 68.24 points, or 2.52%, …

These S&P 500 Utilities Saw Ratings Changes Last Week
Tue, 20 Mar 2018 14:32:38 +0000
Weekly Review: Where Utilities Might Go from Here

SRE, PCG, and EIX: A Look at Analyst Views and Price Targets
Tue, 20 Mar 2018 13:00:28 +0000
According to the Wall Street analyst consensus, Sempra Energy (SRE) stock has a mean price target of $119.3 against its current market price of $112.9, which suggests an estimated upside of nearly 6% for the next 12 months. Among the total nine analysts covering Sempra, three analysts rate the stock as a “strong buy,” and three rate it as a “buy.” Three analysts recommend it as a “hold,” while none of them recommend it as a “sell” as of March 15, 2018. It has a mean price target of $48.9 against its current market price of $44.2.

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