Dominion Resource's most recent trend suggests a bullish bias. One trading opportunity on Dominion Resource is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 14.94% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock dropped below the $65.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Dominion Resource 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 Dominion Resource is bullish.
The RSI indicator is at 55.52 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 Dominion Resource
Final Glance: Utilities companies
Tue, 18 Mar 2014 22:05:08 GMT
Final Glance: Utilities companies
Tue, 18 Mar 2014 22:05:08 GMT
AP – Shares of some top utilities companies were mixed at the close of trading: American Electric Power Co. rose $.43 or .9 percent, to $48.03. Consolidated Edison Inc. Holding Co. rose $.22 or .4 percent, …
Midday Glance: Utilities companies
Tue, 18 Mar 2014 17:44:29 GMT
Midday Glance: Utilities companies
Tue, 18 Mar 2014 17:44:29 GMT
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