Duke Energy's most recent trend suggests a bullish bias. One trading opportunity on Duke Energy is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 7.53% return on risk over the next 19 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 $0.35 would be kept by the premium seller. The risk of $4.65 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 Duke 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 Duke Energy is bullish.
The RSI indicator is at 38.54 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 Duke Energy
Obama carbon rule to produce winners and losers
Tue, 03 Jun 2014 04:03:22 GMT
Obama carbon rule: Surprise winners, losers
Mon, 02 Jun 2014 20:03:49 GMT
[$$] Blackstone, Others Bid for Duke's Midwest Power Plants
Fri, 30 May 2014 22:14:45 GMT
DUKE ENERGY CORP Files SEC form 8-K, Other Events
Fri, 30 May 2014 12:01:50 GMT
Duke Energy proposes Indiana energy efficiency programs
Thu, 29 May 2014 19:19:00 GMT
PR Newswire – PLAINFIELD, Ind., May 29, 2014 /PRNewswire/ — Duke Energy is asking state utility regulators to approve a comprehensive portfolio of energy efficiency programs for its customers. Current energy efficiency …
Related Posts
Also on Market Tamer…
Follow Us on Facebook