Coach's most recent trend suggests a bullish bias. One trading opportunity on Coach is a Bull Put Spread using a strike $52.50 short put and a strike $47.00 long put offers a potential 10% return on risk over the next 33 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 $0.50 would be kept by the premium seller. The risk of $5.00 would be incurred if the stock dropped below the $47.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Coach 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 Coach is bullish.
The RSI indicator is at 79.35 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 Coach
Four Photos That Show How Tory Burch Is Killing Coach
Mon, 18 Nov 2013 19:47:00 GMT
Business Insider – Coach has been trying to transform into a…
[$$] How the Knicks Should Regain Focus
Mon, 18 Nov 2013 02:13:19 GMT
The Wall Street Journal – The Knicks, losers of five straight at home, are reeling. Coach Mike Woodson said he'd consider changing his starting lineup again. And the team's struggling defense, which ranks near the bottom of the league, is still trying to find a way to make stops without injured center Tyson Chandler, who fractured his right leg two weeks ago. Here are three things the Knicks would be wise to focus on as they try to get back on track.
Jets Have No Defense for Big Plays
Sat, 16 Nov 2013 05:58:22 GMT
The Wall Street Journal – This year is the first in which Rex Ryan's defense isn't in the top five in at least one of these defensive categories.
Recovery is bifurcated, economy has to grow: NRF CEO
Fri, 15 Nov 2013 21:13:00 GMT
CNBC – Matthew Shay, National Retail Federation, president & CEO, discusses everything from unemployment to retail. Shay is looking forward to a solid holiday season and stresses the importance of getting our …
The Islanders Are Spiraling Back to Mediocrity
Fri, 15 Nov 2013 17:11:58 GMT
The Wall Street Journal – Islanders blow a two-goal lead in the third period to fall to the Kings, losing their seventh in the past 10 games.
Related Posts
Also on Market Tamer…
Follow Us on Facebook