Exelon's most recent trend suggests a bearish bias. One trading opportunity on Exelon is a Bear Call Spread using a strike $48.00 short call and a strike $55.00 long call offers a potential 6.06% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $48.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $6.60 would be incurred if the stock rose above the $55.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Exelon is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Exelon is bearish.
The RSI indicator is at 39.11 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 Exelon
Avista (AVA) Receives PUC Approval for Oregon Rate Case
Thu, 10 Oct 2019 13:19:01 +0000
Avista (AVA) Oregon rate case settlement will increase natural gas by $3.6 million based on 7.24% rate of return, 50% common equity ratio and 9.4% return on equity.
Is Exelon Corporation (EXC) A Good Stock To Buy According To Hedge Funds?
Wed, 09 Oct 2019 22:07:01 +0000
Is Exelon Corporation (NASDAQ:EXC) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting […]
Two Brownsville LNG projects take steps forward
Fri, 04 Oct 2019 18:30:10 +0000
Two of the three companies seeking to build liquefied natural gas facilities at the port received good news this week.
CORRECTED-Agera Energy files for bankruptcy protection
Fri, 04 Oct 2019 14:31:11 +0000
Agera Energy said on Friday it had filed for Chapter 11 bankruptcy protection and had agreed to sell its retail assets to Constellation, a unit of Exelon Corp. The bankruptcy protection has been filed in the United States Bankruptcy Court, Southern District of New York.
Agera Energy, LLC Files Chapter 11 Protection, Enters Into Agreement to Sell Its Retail Assets to Constellation
Fri, 04 Oct 2019 14:12:00 +0000
Agera Energy and its affiliates have filed for chapter 11 bankruptcy protection in the United States Bankruptcy Court, Southern District of New York and is facilitating an asset sale to Constellation, a subsidiary of Exelon Corporation (EXC), subject to bankruptcy court approval. If approved by the bankruptcy court, the majority of Agera’s existing customers will be transferred to Constellation upon completion of the sale. “Due to unforeseen circumstances impacting the viability of Agera Energy’s business and its objectives, the company’s management team has made the decision to facilitate a sale under chapter 11 to minimize disruptions to our customers,” comments Mark Linzenbold, CFO of Agera Energy.
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