Consol Energy's most recent trend suggests a bullish bias. One trading opportunity on Consol Energy is a Bull Put Spread using a strike $39.00 short put and a strike $34.00 long put offers a potential 8.23% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $39.00 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $4.62 would be incurred if the stock dropped below the $34.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Consol 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 Consol Energy is bullish.
The RSI indicator is at 78.74 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 Consol Energy
Cone Midstream Partners Goes With Flow Of MLP IPOs
Wed, 12 Nov 2014 20:58:00 GMT
CONSOL ENERGY INC Financials
Tue, 11 Nov 2014 18:04:17 GMT
10-Q for CONSOL Energy, Inc.
Fri, 07 Nov 2014 00:08:37 GMT
Traders bet Consol will keep rising
Thu, 06 Nov 2014 10:45:33 GMT
Einhorn's frustrating Q3
Wed, 05 Nov 2014 17:16:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook