Kroger's most recent trend suggests a bullish bias. One trading opportunity on Kroger is a Bull Put Spread using a strike $41.00 short put and a strike $36.00 long put offers a potential 6.38% return on risk over the next 29 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 $0.30 would be kept by the premium seller. The risk of $4.70 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 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 66.5 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
Kroger Names New President and COO, Completing Succession Plan
Thu, 17 Oct 2013 18:14:15 GMT
Motley Fool – Kroger executive Michael Ellis to be president and COO beginning Jan. 1.
KROGER CO Files SEC form 8-K, Change in Directors or Principal Officers
Thu, 17 Oct 2013 17:01:56 GMT
InPlay: Kroger announces President and COO succession plan: Michael L. Ellis will be named President and COO, effective January 1, 2014
Thu, 17 Oct 2013 16:01:30 GMT
Kroger Announces President and COO Succession Plan
Thu, 17 Oct 2013 16:00:00 GMT
PR Newswire – CINCINNATI, Oct. 17, 2013 /PRNewswire/ — The Kroger Co. (NYSE: KR) today announced that Michael L. Ellis will be named President and Chief Operating Officer, effective January 1, 2014, completing the …
Want to invest in NFL's Arian Foster? Here's a chance
Thu, 17 Oct 2013 12:30:49 GMT
USA TODAY – Deal would create tracking stock based on running back's marketability
Related Posts
Also on Market Tamer…
Follow Us on Facebook