Coca Cola's most recent trend suggests a bullish bias. One trading opportunity on Coca Cola is a Bull Put Spread using a strike $53.50 short put and a strike $48.50 long put offers a potential 14.68% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $53.50 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $4.36 would be incurred if the stock dropped below the $48.50 long put 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 up which suggests that the medium-term momentum for Coca Cola is bullish.
The RSI indicator is at 64.44 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
3 Dividend Stocks That Pay You Better Than Coca-Cola Does
Fri, 30 Apr 2021 11:36:00 +0000
Coca-Cola offers a generous 3.1% yield today, but you can do even better than that with this trio of high-yield dividend stocks.
3 Great Stocks for Low-Risk Investors
Fri, 30 Apr 2021 11:01:00 +0000
If you want to avoid risk, then you should take a look at this trio of longtime dividend payers. They're boring, but that's pretty good.
Analysts Have Made A Financial Statement On The Coca-Cola Company's (NYSE:KO) First-Quarter Report
Fri, 30 Apr 2021 05:55:59 +0000
A week ago, The Coca-Cola Company ( NYSE:KO ) came out with a strong set of quarterly numbers that could potentially…
Ketchup shortage is nearing an end, says Kraft Heinz
Thu, 29 Apr 2021 20:17:27 +0000
The ketchup shortage is coming to an end soon, Kraft Heinz tells Yahoo Finance Live.
Why Warren Buffett invested in Coca-Cola and its lesson
Thu, 29 Apr 2021 16:59:14 +0000
Buffett's Coca-Cola trade provides a time-tested lesson for modern investors looking to navigate the pandemic-induced rotation into new sectors and industries
Related Posts
Also on Market Tamer…
Follow Us on Facebook