Kroger's most recent trend suggests a bullish bias. One trading opportunity on Kroger is a Bull Put Spread using a strike $38.00 short put and a strike $33.00 long put offers a potential 13.38% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $38.00 by expiration. The full premium credit of $0.59 would be kept by the premium seller. The risk of $4.41 would be incurred if the stock dropped below the $33.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Kroger 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 Kroger is bullish.
The RSI indicator is at 74.77 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 Kroger
3 Buffett Stocks to Avoid Like the Plague in June
Mon, 14 Jun 2021 10:06:00 +0000
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett is arguably in a league of his own when it comes to investing. Berkshire Hathaway currently owns 48 securities (46 stocks and two exchange-traded funds), many of which are fantastic investments that you could put money to work in right now.
20 Largest Milk Producing Countries in 2021
Sun, 13 Jun 2021 20:20:01 +0000
In this article we are going to list the 20 Largest Milk Producing Countries in 2021. Click to skip ahead and jump to the 5 Largest Milk Producing Countries in 2021. We all know the importance of milk in our lives. Milk contains some of the most important nutrients that we require, especially for growing […]
Kroger Earnings: What to Watch
Sun, 13 Jun 2021 15:00:00 +0000
Kroger (NYSE: KR) is set to report its earnings results in just a few days, and investors are in high spirits heading into the announcement. Most investors who follow the stock are expecting to see sales tick lower compared to last year's soaring result. Swinging consumer demand related to the pandemic will add noise to Kroger's next few earnings reports, but the more instructive trend to follow is market share.
3 Things to Watch in the Stock Market This Week
Sun, 13 Jun 2021 11:00:00 +0000
Stocks were split last week, as the Dow Jones Industrial Average (DJINDICES: ^DJI) lost 0.8% and the S&P 500 (SNPINDEX: ^GSPC) gained less than 0.5%. The big question heading into Kroger's Thursday release is whether the supermarket chain can protect its recent growth momentum against rivals such as Walmart.
Is Kroger Stock A Buy Right Now? Here's What Earnings, Charts Show
Fri, 11 Jun 2021 15:22:03 +0000
It is one of the country's biggest grocers, and has seen earnings balloon in the age of Covid-19. So is Kroger stock a buy right now?
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