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 9.89% return on risk over the next 31 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 $0.45 would be kept by the premium seller. The risk of $4.55 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 67.69 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
California Sets New Storage Goals to Maintain Renewables Growth, an Industrial Info News Alert
Wed, 15 Jan 2014 11:30:00 GMT
Marketwired – Researched by Industrial Info Resources — As renewable power continues to grow in California, it has become necessary for the state to implement new goals that will help the state's grid cope with the …
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
Stocks move lower after US reports hiring slowdown
Fri, 10 Jan 2014 17:18:25 GMT
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