Edison's most recent trend suggests a bullish bias. One trading opportunity on Edison is a Bull Put Spread using a strike $47.50 short put and a strike $42.50 long put offers a potential 12.36% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $47.50 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 $42.50 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 66.99 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Edison
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Edison International to Hold Conference Call on Fourth Quarter and Year-End 2013 Financial Results
Mon, 13 Jan 2014 23:07:49 GMT
noodls – Investor Relations: Scott Cunningham, (626) 302-2540 Advisory for Tuesday, Feb. 25 WHAT: Fourth Quarter and Year-End 2013 Financial Results WHEN: Tuesday, Feb. 25, 2014 TIME: 2:00 p.m. (Pacific Standard …
Edison International to Hold Conference Call on Fourth Quarter and Year-End 2013 Financial Results
Mon, 13 Jan 2014 22:00:00 GMT
Business Wire – Edison International:
Stocks edge up as investors shrug off job report
Fri, 10 Jan 2014 20:54:07 GMT
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