Coca Cola's most recent trend suggests a bearish bias. One trading opportunity on Coca Cola is a Bear Call Spread using a strike $45.00 short call and a strike $50.00 long call offers a potential 11.11% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $45.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock rose above the $50.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Coca Cola is bearish and the probability of a decline 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 Coca Cola is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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 Coca Cola
Coca-Cola Bottling Co. (COKE) Beats on Q2 Earnings & Revenues
Wed, 06 Aug 2014 12:00:06 GMT
Will Coca-Cola Bottling Co. (COKE) Deliver Strong Earnings?
Mon, 04 Aug 2014 16:40:04 GMT
Another craft brew booms…Soda!
Sat, 02 Aug 2014 19:00:00 GMT
COCA-COLA ENTERPRISES, INC. Financials
Thu, 31 Jul 2014 17:04:10 GMT
Big lobbying dollars flow in engineered food fight
Tue, 29 Jul 2014 08:29:32 GMT
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