Whole Foods's most recent trend suggests a bullish bias. One trading opportunity on Whole Foods is a Bull Put Spread using a strike $52.50 short put and a strike $47.50 long put offers a potential 16.82% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock dropped below the $47.50 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 at 77.58 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Whole Foods
Whole Foods Market® inks lease for new store in Huntsville, Alabama Grocer plans to open third store in Alabama in 2016
Thu, 13 Feb 2014 01:03:15 GMT
noodls – News Release: Grocer plans to open third store in Alabama in 2016 ATLANTA (February 12, 2014) – Whole Foods Market (NASDAQ: WFM) announced it will open a new location at the northeast corner of Bob Wallace …
Whole Foods Market® announces lease for new store in Kennesaw
Thu, 13 Feb 2014 01:03:13 GMT
noodls – News Release: Grocer plans to open in mixed-use development in 2016 ATLANTA (February 12, 2014) – Whole Foods Market (NASDAQ: WFM) announced today it will open a new location in the mixed-use development …
Whole Foods' CEO Discusses F1Q 2014 Results – Earnings Call Transcript
Thu, 13 Feb 2014 00:45:01 GMT
Seeking Alpha – Walter Robb Thank you, Cindy, and good afternoon, everyone. In Q1 our sales increased $383 million to record $4.2 billion. Our average weekly sales per store to $719,000, transferred in the sales per gross …
Whole Foods Lowers Its Forecasts Again
Thu, 13 Feb 2014 00:40:00 GMT
4:17 pm Whole Foods misses by $0.02, misses on revs; lowers FY14 EPS below consensus, lowers top end of FY14 revs below consensus; Q1 comps +5.4%
Wed, 12 Feb 2014 23:58:14 GMT
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