Eaton Corporation (ETN) Offering Possible 49.25% Return Over the Next 10 Calendar Days

Eaton Corporation's most recent trend suggests a bullish bias. One trading opportunity on Eaton Corporation is a Bull Put Spread using a strike $68.00 short put and a strike $63.00 long put offers a potential 49.25% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $68.00 by expiration. The full premium credit of $1.65 would be kept by the premium seller. The risk of $3.35 would be incurred if the stock dropped below the $63.00 long put strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Eaton Corporation 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 Eaton Corporation is bearish.

The RSI indicator is at 42.25 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Eaton Corporation

Why Eaton Corporation plc (NYSE:ETN) Is A Dividend Rockstar
Sun, 06 Jan 2019 13:54:34 +0000
There is a lot to be liked about Eaton Corporation plc (NYSE:ETN) as an income stock. It has paid dividends over the past 10 years. The company currently pays out

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Eaton to Announce Fourth Quarter 2018 Earnings on January 31, 2019
Fri, 04 Jan 2019 11:30:00 +0000
Power management company Eaton (ETN) will announce fourth quarter 2018 earnings on Thursday, January 31, 2019, before the opening of the New York Stock Exchange. The company will host a conference call at 10 a.m. United States Eastern time that day to discuss fourth quarter 2018 earnings results with securities analysts and institutional investors. The conference call will be available through a live webcast that can be accessed via the Eaton Fourth Quarter 2018 Earnings Results link on Eaton’s home page, which is www.eaton.com.

Microgrids and Other Companies Set to Make Big Money off Marijuana Companies
Wed, 02 Jan 2019 13:00:00 +0000
HENDERSON, NV / ACCESSWIRE / January 2, 2019 / While there are a lot of questions surrounding the legality of CBD products etc., one thing is for sure, cannabis production will continue to grow. While, many direct cannabis investments have faltered from the news, the following companies aren't direct cannabis plays, but will make loads of money off of the industry.Today we are highlighting: CleanSpark, Inc. (CLSK), Innovative Industrial Properties, Inc. (NYSE: IIPR), The Scotts Miracle-Gro Company (NYSE: SMG), Eaton Corporation plc (NYSE: ETN), and SunPower Corporation (SPWR).

Microgrid Investments to Reach $12.5 Billion
Wed, 19 Dec 2018 12:30:00 +0000
With investments in microgrids that can solve challenges associated with climate change induced disasters expected to rise, there are a few companies we're looking at HENDERSON, NV / ACCESSWIRE / December …

Do You Like Eaton Corporation plc (NYSE:ETN) At This P/E Ratio?
Tue, 18 Dec 2018 11:15:17 +0000
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll show how you can use Eaton Corporation plc's (NYSE:ETN) P/E ratio

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