PG&E Stock Price $48.79 +0.95 (1.99%)

PG&E Corp, is a Utilities stock that trades on the NYSE and has a market capitalization of $24.60 Billion.


Ideas, Updates & Analysis


Buying To Close
Fri, Jul 27, 2018

Today I bought the PCG Jan 18 2019 50.0 Put @ $7.15 to close out the position.

This was a long 7 month trade.

Interestingly enough, the stock price today was $44.70.

The stock price did not move much since Fri, Jan 5, 2018 when it was at $44.29.

I sold the option at $8 and bought it at $7.15.

$8 - $7.15 = $0.85

$0.85 / $8 = 10.625%

The return on the option trade was a little over 10%.

If I had purchased the stock, the return would have been about 1%.

$44.70 - $44.29 = $0.41

$0.41 / $44.29 = 1% plus a couple of dividend payments. Oh wait, PCG suspended it's dividend.

So the stock price return would have been 1%.

This is a situation where selling a put performed better than buying the stock.

What do you think about "Buying To Close"?

Let me know in the comments section!

If you think your friends would like this, please share it. Thanks!


Fri, Jul 27, 2018 PCG @ $43.48

Selling Low?
Fri, Jan 5, 2018

Anyone who lived in California knows about the October 2017 wildfires all too well...

Prior to the fires, this Dow Utility component was at $70 per share and paid a nice dividend.

After the fires, the stock is in the $40s and there are potential lawsuits that could cost the company hundreds of millions of dollars.

https://seekingalpha.com

In December, the stock dropped more when the company announced it would stop paying a dividend.

So with all the bad news out there, I am hoping the stock won't go down any lower.

Also, it's not like we have a choice when it comes to who provides us service.

So I am betting PCG will come back although it may be later than sooner.

Since that may be the case, I'm selling a put instead of buying the stock.�

There's no dividend right now anyway.

So I sold the�PCG Jan 18 2019�$50.00 Put @ 8.00.�

The stock price was at $44 a share at the time.

The bet is that the value of this put will decrease between now and Jan 18, 2019.

So, for example, if this put decreases to $6.00, I could buy it back and make a $2.00 profit.

If this put option stays at $8 or increases in value, I will let it expire.

What happens then is the stock will be put into my account at the strike price of $50 a share.

That could be bad if the stock is at let's say $40 a share.

Then I would be holding the stock with a $10 paper loss.

There is something else going on too.

Option prices are composed of�2 things, intrinsic value and time value.

One thing I have on my side is that the time value of the option will decrease as we get closer to January 18, 2019.

That is a good thing because I want the value to decrease.

The other thing is that the stock option does not necessarily move in sync with the related underlying stock.

Options have their own volatility because each option has its own open interest with buyers and sellers.

So I am guessing that the stock price of PCG doesn't really even need to move that much for me to buy this option back at profit.

Of course, it would be great if the stock actually moves up.

What do you think about "Selling Low?"?

Let me know in the comments section!

If you think your friends would like this, please share it. Thanks!


Fri, Jan 5, 2018 PCG @ $44.29

PG&E Stock Charts

The 5 year and 1 year stock charts are below.


50 Day Moving Average

The 50 Day Moving Average is at $45.88 which is 6.34% below the stock price of $48.79.

200 Day Moving Average

The 200 Day Moving Average is at 43.69 which is 11.67% belowthe stock price of $48.79.


PCG Stock Price

Below are a few key dates for the stock price.


Year To Date

Oct
16
Tuesday

The most recent stock price is $48.79.

The Year To Date (YTD) return is +9.67%.

52 Week Low

Feb
09
Friday

The 52 Week Low stock price is $37.30 set on Fri, Feb 9, 2018 which is 250 days ago.

The current price per share is 30.80% above the 52 week low.

52 Week High

Oct 2017
17
Tuesday

The 52 Week High stock price is $59.50 set on Tue, Oct 17, 2017 which is 365 days ago.

The current price per share is -18.00% below the 52 week high.

All Time High

Sep 2017
11
Monday

The All Time High stock price is $71.57 set on Mon, Sep 11, 2017 which is 401 days ago.

The current price per share is -31.83% below the all time high.

Earnings

Below is the EPS, P/E Ratio and Earnings Date.


The Earnings Per Share (EPS) is $0.23.

The Price To Earnings (P/E) Ratio is 204.44.

Earnings Dates

Stocks can make big percentage moves on the earnings announcement.

Companies announce earnings either before the market open or after the close.

Jul
26
Thursday

The Earnings Release Date for PG&E Corp was Thu, Jul 26, 2018.

Since this earnings release 83 days ago, the stock price is up by +13.49%.

Nov
05
Monday

The next Earnings Release Date is on Mon, Nov 5, 2018, which is in 19 days.

2018-11-05 06:00:002018-11-05 13:00:00America/New_YorkPG&E Corp (PCG) EarningsVisit http://www.symbolsurfing.com/PCG for more information.United StatesSymbol Surfinginfo@symbolsurfing.com

PG&E Dividend

Below is important Dividend information.


PCG currently does not pay a dividend.

You may like this list of best dividend stocks of 2018.

Industry Stocks

Below are other Utility stocks as PG&E.