NextEra Energy's most recent trend suggests a bullish bias. One trading opportunity on NextEra Energy is a Bull Put Spread using a strike $220.00 short put and a strike $200.00 long put offers a potential 12.04% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $220.00 by expiration. The full premium credit of $2.15 would be kept by the premium seller. The risk of $17.85 would be incurred if the stock dropped below the $200.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for NextEra Energy 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 NextEra Energy is bullish.
The RSI indicator is at 54.19 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for NextEra Energy
Trump admin slaps solar, wind operators with retroactive rent bills
Mon, 18 May 2020 05:00:00 +0000
The Trump administration has ended a two-year rent holiday for solar and wind projects operating on federal lands, handing them whopping retroactive bills at a time the industry is struggling with the fallout of the coronavirus outbreak, according to company officials. U.S. power plant owner Avangrid Inc, majority owned by Spain's Iberdrola, received a bill for more than $3 million for two years of rent on its 131-megawatt Tule wind project on federal land near San Diego, according to spokesman Paul Copleman. Officials at two other renewable projects also confirmed they had received retroactive rent bills from the federal government but asked not to be named discussing the issue as the industry continues to lobby the government for support to weather the downturn.
EQM sees U.S. Mountain Valley natgas pipe on in 2020, analysts not so sure
Thu, 14 May 2020 19:13:31 +0000
EQM Midstream Partners LP said on Thursday it still sees a “narrow path” to complete its long-delayed $5.4 billion Mountain Valley natural gas pipeline from West Virginia to Virginia by late 2020. Analysts, however, said Mountain Valley and other pipelines would probably be delayed by a decision by a federal judge in Montana that the U.S. Army Corps of Engineers did not comply with the Endangered Species Act. EQM said in its first quarter earnings that Mountain Valley “is working through the project’s remaining legal and regulatory challenges to achieve the targeted late 2020 full in-service date.”
NiSource's (NI) Earnings and Revenues Miss Estimates in Q1
Wed, 06 May 2020 16:26:04 +0000
NiSource's (NI) first-quarter 2020 earnings decline on a year-over-year basis.
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Mon, 04 May 2020 13:07:01 +0000
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Tue, 28 Apr 2020 15:11:24 +0000
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