Dominion Resource (D) Offering Possible 9.89% Return Over the Next 27 Calendar Days

Dominion Resource's most recent trend suggests a bullish bias. One trading opportunity on Dominion Resource is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 9.89% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 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 $70.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Dominion Resource 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 Dominion Resource is bullish.

The RSI indicator is above 80 which suggests that the stock is in overbought territory.

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LATEST NEWS for Dominion Resource

Dominion Energy (D) Chalks Out Plan to Cut Vehicle Emission
Thu, 12 Aug 2021 16:09:04 +0000
Dominion Energy (D) announces plans to substantially lower emissions from its vehicle fleet by 2030.

Dominion Energy Environmental Grant Applications Now Open to Nonprofit, Educational Organizations
Thu, 12 Aug 2021 14:09:00 +0000
Dominion Energy is encouraging nonprofit and educational organizations to apply for $1.5 million in environmental grants to be distributed this year through the Dominion Energy Charitable Foundation. This competitive grant process is designed to support work to improve the environment and provide educational experiences in communities served by Dominion Energy.

Will Utility ETFs Keep Gaining on Decent Q2 Earnings Results?
Wed, 11 Aug 2021 19:00:07 +0000
Let's take a look at some big utility earnings releases and see if these can leave an impact on ETFs exposed to the space.

Dominion Energy Announces Redemption of 2016 Enhanced Junior Subordinated Notes
Wed, 11 Aug 2021 11:45:00 +0000
Dominion Energy, Inc. (NYSE: D), announced today that it has issued a notice of redemption for its 2016 Series A 5.25% Enhanced Junior Subordinated Notes due 2076 (NYSE: DRUA) (the Junior Subordinated Notes) regarding the redemption of all of the outstanding $800 million aggregate principal amount of the Junior Subordinated Notes. The redemption date of the Junior Subordinated Notes will be Aug. 31, 2021, and the redemption price of the Junior Subordinated Notes will be 100% of the principal amo

Dominion Energy Sets Ambitious Carbon-Reduction Vehicle Goals
Tue, 10 Aug 2021 15:40:00 +0000
Dominion Energy (NYSE: D) today announced a suite of carbon-reduction goals that will transform the fleet of more than 8,600 vehicles that serves millions of customers across 16 states. The Green Fleet initiative will help Dominion Energy achieve its goal of net zero carbon dioxide and methane emissions, while showing the way for clean-energy progress in the transportation sector, the largest contributor of greenhouse gas emissions in the U.S.

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