Dominion Resource Offering Possible 6.38% Return Over the Next 19 Calendar Days

Dominion Resource's most recent trend suggests a bearish bias. One trading opportunity on Dominion Resource is a Bear Call Spread using a strike $65.00 short call and a strike $70.00 long call offers a potential 6.38% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $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 rose above the $70.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Dominion Resource is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Dominion Resource is bearish.

The RSI indicator is below 20 which suggests that the stock is in oversold territory.

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

Midday Glance: Utilities companies
Mon, 02 Dec 2013 20:47:57 GMT

Midday Glance: Utilities companies
Mon, 02 Dec 2013 20:47:57 GMT
AP – Shares of some top utilities companies are mixed at 1 p.m.: American Electric Power Co. fell $.11 or .2 percent, to $46.95. Consolidated Edison Inc. Holding Co. fell $.02 or percent, to $55.19. Dominion …

Dominion East Ohio EnergyShare Program Now Accepting Applications
Mon, 02 Dec 2013 17:04:00 GMT
PR Newswire – CLEVELAND, Dec. 2, 2013 /PRNewswire/ — Local Ohio Salvation Army offices are now accepting applications for Dominion East Ohio's EnergyShare program that helps families who have exhausted all other forms of winter energy assistance. To qualify for one-time EnergyShare assistance, a person must live in the Dominion service area, be a Dominion customer and must have: Dominion works with local Salvation Army offices to help eligible participants. Every dollar contributed to this fund goes to pay recipients' Dominion East Ohio heating bills.

Early Glance: Utilities companies
Mon, 02 Dec 2013 15:35:17 GMT

Early Glance: Utilities companies
Mon, 02 Dec 2013 15:35:17 GMT
AP – Shares of some top utilities companies are down at 10 a.m.: American Electric Power Co. fell $.48 or 1.0 percent, to $46.58. Consolidated Edison Inc. Holding Co. fell $.36 or .7 percent, to $54.85. Dominion …

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