Coca Cola's most recent trend suggests a bullish bias. One trading opportunity on Coca Cola is a Bull Put Spread using a strike $41.00 short put and a strike $36.00 long put offers a potential 7.76% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $41.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock dropped below the $36.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Coca Cola 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 Coca Cola is bullish.
The RSI indicator is at 77.18 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 Coca Cola
The Coca-Cola Company to Participate in the Barclays Capital Back-To-School Consumer Conference
Fri, 22 Aug 2014 09:50:09 GMT
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COCA COLA CO Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Wed, 20 Aug 2014 21:03:59 GMT
A Potent Triple Stock Play As Coca-Cola Flexes Its Financial Muscle
Wed, 20 Aug 2014 18:37:00 GMT
[$$] Coca-Cola Amatil Faces Challenges in Indonesia
Wed, 20 Aug 2014 12:30:09 GMT
The Wall Street Journal – The Australian company's profits there are rapidly losing their fizz as costs rise and competitors from Peru to Japan continue to make inroads in the country.
Taylor Swift, Rule Follower, Releases 1989 in Completely Expected Way
Wed, 20 Aug 2014 09:55:21 GMT
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