Edison's most recent trend suggests a bullish bias. One trading opportunity on Edison is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 8.7% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $52.50 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 70.06 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 Edison
The Real Treat Should Be a Safe Halloween Season
Mon, 20 Oct 2014 22:00:00 GMT
Business Wire – The ghoulish decorations and costumes are a sure bet to scare up some fun this Halloween season, but much more frightening are the electrical and fire hazards associated with them.
What a 401(k) Plan Really Owes Employees
Fri, 17 Oct 2014 01:32:22 GMT
New York Times – A case taken up by the Supreme Court concerns whether trustees for a corporate 401(k) are liable years after choosing a class of mutual fund with higher fees.
What a 401(k) Plan Really Owes Employees
Fri, 17 Oct 2014 01:32:22 GMT
EME Reorganization Trust Announces Cash Distribution
Wed, 15 Oct 2014 12:00:00 GMT
PR Newswire – SANTA ANA, Calif., Oct. 15, 2014 /PRNewswire/ — EME Reorganization Trust (EMEZU) announced that its board of managing trustees has approved a cash distribution of $0.1009262 per beneficial interest. The distribution will be paid on October 31, 2014 to all record holders of beneficial interests as of the close of business on October 24, 2014. Immediately prior to the distribution, there will be 3,853,697,304 issued and outstanding beneficial interests of the Trust. The distribution is being made out of (i) proceeds from the sale of certain zero coupon unsecured notes that were previously issued by Edison International (EIX) to the Trust and (ii) funds released from an escrow account in connection with the EIX settlement. The aggregate amount of the distribution will be approximately $388.9 million. EME Reorganization Trust was formed in connection with the confirmation and consummation of the Third Amended Joint Chapter 11 Plan of Reorganization (with Technical Modifications) for Edison Mission Energy and certain of its subsidiaries (the Plan).
Giant Battery Unit Aims at Wind Storage Holy Grail
Tue, 14 Oct 2014 13:46:20 GMT
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