American Electric's most recent trend suggests a bullish bias. One trading opportunity on American Electric is a Bull Put Spread using a strike $82.50 short put and a strike $77.50 long put offers a potential 11.11% 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 $82.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $77.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for American Electric 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 American Electric is bullish.
The RSI indicator is at 28.94 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 American Electric
Why American Electric Power Is a Retiree's Dream Stock
Sun, 29 Nov 2020 14:18:00 +0000
A little growth, a little income, and a lot of reliability make this power producer a compelling pick.
The Zacks Analyst Blog Highlights: UnitedHealth, CRM, GSK, Square and American Electric Power
Tue, 24 Nov 2020 18:37:06 +0000
The Zacks Analyst Blog Highlights: UnitedHealth, CRM, GSK, Square and American Electric Power
AEP (AEP) Down 10.5% Since Last Earnings Report: Can It Rebound?
Sat, 21 Nov 2020 16:30:04 +0000
AEP (AEP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
AEP Names Coleman Vice President Of Corporate Philanthropy And Community Engagement
Thu, 19 Nov 2020 20:14:00 +0000
American Electric Power (Nasdaq: AEP) has named Janelle N. Coleman to a new position as vice president, Corporate Philanthropy and Community Engagement, effective Nov. 30. She also will serve as president of the American Electric Power Foundation, effective Jan. 1, 2021, replacing Dale Heydlauff, senior vice president of Corporate Communications and current president of the AEP Foundation, following his retirement Dec. 31.
Has American Electric Power Company (NASDAQ:AEP) Got What It Takes To Become A Multi-Bagger?
Wed, 11 Nov 2020 10:26:13 +0000
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few…
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