Whole Foods's most recent trend suggests a bullish bias. One trading opportunity on Whole Foods is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 12.11% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $4.46 would be incurred if the stock dropped below the $55.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Whole Foods 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 Whole Foods is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought 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 Whole Foods
Midday Glance: Supermarkets companies
Wed, 23 Oct 2013 17:20:14 GMT
Midday Glance: Supermarkets companies
Wed, 23 Oct 2013 17:20:14 GMT
AP – Shares of some top supermarkets companies are up at 1 p.m.: Kroger rose $.22 or .5 percent, to $42.93. Safeway rose $2.96 or 9.0 percent, to $35.86. Supervalu rose $.35 or 4.9 percent, to $7.53. Whole …
3 Companies With Visionary Leaders for Long-Term Growth
Wed, 23 Oct 2013 15:23:56 GMT
Motley Fool – Starbucks, Whole Foods Market, and Tesla all have innovative CEOs. What does their future look like under these managers?
Early Glance: Supermarkets companies
Wed, 23 Oct 2013 14:46:04 GMT
Early Glance: Supermarkets companies
Wed, 23 Oct 2013 14:46:04 GMT
AP – Shares of some top supermarkets companies are mixed at 10 a.m.: Kroger rose $.27 or .6 percent, to $42.98. Safeway rose $2.67 or 8.1 percent, to $35.57. Supervalu fell $.01 or .1 percent, to $7.17. Whole …
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