Coca Cola's most recent trend suggests a bullish bias. One trading opportunity on Coca Cola is a Bull Put Spread using a strike $45.00 short put and a strike $40.00 long put offers a potential 8.7% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $45.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $40.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Coca Cola 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 Coca Cola is bullish.
The RSI indicator is at 65.69 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Coca Cola
Consumer Staples Stock Outlook – Feb 2014
Tue, 18 Feb 2014 22:15:02 GMT
Traders sift through data in hunt for real economy
Fri, 14 Feb 2014 23:41:45 GMT
COCA-COLA ENTERPRISES, INC. Financials
Wed, 12 Feb 2014 18:04:08 GMT
PepsiCo Fourth-Quarter Earnings: Will Beverage Unit Fizz or Fall Flat?
Wed, 12 Feb 2014 14:46:14 GMT
COCA-COLA ENTERPRISES, INC. Files SEC form 10-K, Annual Report
Fri, 07 Feb 2014 11:07:02 GMT
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