Consolidated Edis's most recent trend suggests a bullish bias. One trading opportunity on Consolidated Edis is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 6.38% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $60.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Consolidated Edis 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 Consolidated Edis is bullish.
The RSI indicator is at 68.18 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 Consolidated Edis
UPDATE: Deutsche Bank Downgrades Consolidated Edison
Wed, 17 Dec 2014 18:38:40 GMT
Dividend Stock That Beats Market: Consolidated Edison
Mon, 15 Dec 2014 23:33:00 GMT
N.Y. Approves Con Ed Brooklyn-Queens Power Use Reduction Plan
Thu, 11 Dec 2014 18:12:06 GMT
CMS Energy (CMS) Hits 52-Week High on Multiple Ventures
Tue, 02 Dec 2014 18:50:03 GMT
Consolidated Edison Has Increased Dividends for 40 Years
Tue, 25 Nov 2014 15:53:46 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook