Duke Energy's most recent trend suggests a bullish bias. One trading opportunity on Duke Energy is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 5.26% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $80.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Duke 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 Duke Energy is bullish.
The RSI indicator is at 43.37 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Duke Energy
Duke Energy appoints new chief information officer
Thu, 23 May 2019 20:05:00 +0000
CHARLOTTE, N.C. , May 23, 2019 /PRNewswire/ — Duke Energy today announced Bonnie Titone will join the company as chief information officer, effective June 19 . Titone was most recently vice president …
Utilities Charging for Coal Clean-Up Face Blowback
Thu, 23 May 2019 14:41:11 +0000
Officials from Virginia to North Carolina to South Carolina are pushing back on utilities’ plans to charge customers for the costs of shuttering coal-ash ponds, long the primary way of storing residue from burning the fuel. In a potential blow to Dominion Energy Inc., the staff of Virginia’s utility regulator expressed concerns in a filing released Wednesday over the company’s bid to recover as much as $247 million through monthly bills for cleanup efforts. It’s a high-stakes battle for utilities, which have so far escaped any shareholder wrath over cleanup expenses because investors assumed the costs would be baked into customers’ rates.
Duke Renewables exec outlines his agenda as incoming chair of national industry group
Thu, 23 May 2019 12:00:00 +0000
Rob Caldwell, Duke Energy's vice president for wholesale and renewable energy, says market and policy reforms to support wind energy will position the "industry and U.S. economy for many years of continued success.”
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Wed, 22 May 2019 18:43:06 +0000
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Duke Energy, TECO tap tax cuts to pay storm costs
Tue, 21 May 2019 20:45:22 +0000
Determining costs for restoring electricity after hurricanes and major storms is a complicated process.
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