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 23.46% return on risk over the next 31 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 $0.95 would be kept by the premium seller. The risk of $4.05 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 72.43 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
Wed, 19 Feb 2014 23:13:35 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
Wed, 19 Feb 2014 18:48:24 GMT
Midday Glance: Utilities companies
Wed, 19 Feb 2014 18:48:24 GMT
The President and Chief Executive Officer of CMS Energy and its Principal Subsidiary, Consumers Energy (CMS) Interviews with the Wall Street Transcript
Wed, 19 Feb 2014 18:43:00 GMT
Uneconomic US nuclear plants in danger of being shut down
Wed, 19 Feb 2014 18:23:20 GMT
Financial Times – More US nuclear power plants are at risk of closure because they are no longer economic, industry leaders have warned, jeopardising the administration's hopes that the reactors can help support energy …
Related Posts
Also on Market Tamer…
Follow Us on Facebook