Edison's most recent trend suggests a bullish bias. One trading opportunity on Edison is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 12.36% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $57.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Edison 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 Edison is bullish.
The RSI indicator is at 78.2 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Edison
Edison Signs Up Gas to Replace Most of Shuttered Nuclear Output
Wed, 05 Nov 2014 17:55:32 GMT
SolarCity Falls Ahead of Earnings as NRG, SunPower Win
Wed, 05 Nov 2014 17:51:51 GMT
Bloomberg – SolarCity Corp (SCTY) , a rooftop solar developer that reports earnings today, fell the most in three weeks after competitors won bids for projects to replace a nuclear plant in California. SolarCity fell …
SCE Signs Contracts for 2,221 Megawatts that Could Power 950,000 Homes
Wed, 05 Nov 2014 17:30:30 GMT
noodls – Media Contact: Robert Laffoon Villegas, (626) 302-2255 ROSEMEAD, Calif., Nov. 5, 2014 – Southern California Edison (SCE) announced that it has signed contracts for 2,221 megawatts of power from diverse …
11:35 am Edison company Southern California Edison announces it has signed contracts for 2,221 megawatts of power
Wed, 05 Nov 2014 16:35:00 GMT
SCE Signs Contracts for 2,221 Megawatts That Could Power 950,000 Homes
Wed, 05 Nov 2014 16:30:00 GMT
Business Wire – Southern California Edison announced that it has signed contracts for 2,221 megawatts of power from diverse new resources to meet its customers’ long-term electricity needs.
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