Duke Energy (DUK) Offering Possible 8.7% Return Over the Next 22 Calendar Days

Duke Energy's most recent trend suggests a bearish bias. One trading opportunity on Duke Energy is a Bear Call Spread using a strike $92.50 short call and a strike $97.50 long call offers a potential 8.7% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $92.50 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 rose above the $97.50 long call strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Duke 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 down which suggests that the medium-term momentum for Duke Energy is bearish.

The RSI indicator is at 32.77 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 Duke Energy

Green Source Advantage offers more renewable energy options for South Carolina customers
Tue, 23 Feb 2021 14:00:00 +0000
The Public Service Commission of South Carolina (PSCSC) has approved Duke Energy's Green Source Advantage program in South Carolina, enabling the company to expand renewable energy options for customers. View the PSCSC order here.

Did You Participate In Any Of Duke Energy's (NYSE:DUK) Respectable 48% Return?
Sun, 21 Feb 2021 07:36:33 +0000
The main point of investing for the long term is to make money. Better yet, you'd like to see the share price move up…

Duke Energy crews restore power in Carolinas as milder winter storm moves through region
Thu, 18 Feb 2021 23:31:00 +0000
Slightly warmer temperatures today than most meteorologists had predicted have resulted in fewer ice-related power outages than initially projected for Duke Energy's Carolinas customers as a winter storm moves through the region.

Winter Storm to Dump Snow on New York and Icy Rain on Texas
Wed, 17 Feb 2021 18:44:14 +0000
(Bloomberg) — Another winter storm is heading for the eastern and central U.S., threatening to bring snow to the Northeast and icy rain to southern states already enduring power outages amid a deep freeze.Manhattan’s Central Park and Boston could get 6 to 8 inches (15 to 20 centimeters) of snow by early Friday, with Washington and Philadelphia getting 4 to 6, the National Weather Service said. Meanwhile, cold across the Great Plains and South will continue for several more days, and there will likely be icing from east Texas to Alabama.One of the hardest hit areas will be central North Carolina and Virginia as the storm moves north. Duke Energy Corp. warned nearly 1 million homes and businesses may lose power in the North Carolina and South Carolina.A blast of frigid air has unleashed record-breaking cold from Canada to Mexico and triggered blackouts in Texas and across the South, leaving millions without power for days. For the second time this week, winter storm warnings, watches and weather advisories stretch from New Mexico to New England.The wild week of winter weather has played havoc on air travel. Across the U.S. 4,948 flights were canceled Tuesday and Wednesday, according to FlightAware, an airline tracking service.“Expect tomorrow to be difficult,” New York Mayor Bill de Blasio said Wednesday in a briefing. “Stay off the roads if you can, it’s going to hit at tomorrow morning’s rush hour.”In New York, snow should start sometime early Thursday morning, said Joe Pollina, a weather service meteorologist in Upton, New York. The snow will be heavy through the day, but could change to sleet and freezing rain later. In Boston, snow will start late Thursday and continue through Saturday morning.Messy ConditionsSimilar conditions will sweep through Washington and the cities along Interstate 95 to the south of New York.“It is going to be a mess for D.C., Baltimore and Philadelphia until Friday morning,” said Lara Pagano, a forecaster with the U.S. Weather Prediction Center.Across eastern Texas, parts of Arkansas and through the South to Alabama, as much as a quarter-inch of ice could form on trees and power lines, causing outages and making travel hazardous, Pagano said. There is “good news on the horizon” for Texas and the rest of the central U.S. as temperatures gradually warm, she said. By next week, temperatures across Texas could rise above freezing and reach the 40s and 50s Fahrenheit.Saturday’s high in Dallas could reach 45 degrees, while Houston and San Antonio could get to 55, the weather service said. As of 10:30 a.m., Seagull Lake, Minnesota posted the nation’s coldest temperature at minus 34 degrees. Three spots in Florida, including Fort Lauderdale, had highs of 87.“It is still cold, obviously, across the central U.S. but not nearly as cold as it was yesterday at this time,” Pagano said. “Things look to improve in terms of warming up and drying out.”(Adds Carolina outages in the third paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

Duke Energy projects nearly 1 million power outages in Carolinas due to approaching winter storm; company ready to respond
Wed, 17 Feb 2021 18:04:00 +0000
Duke Energy today projected that the hazardous wintry precipitation and high-winds from the approaching winter storm could cause nearly 1 million power outages – some lasting several days – beginning Thursday in North Carolina and South Carolina, based on the storm's current forecasted track.

Related Posts


MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.

This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.

The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.

The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.