Coca Cola's most recent trend suggests a bullish bias. One trading opportunity on Coca Cola is a Bull Put Spread using a strike $47.00 short put and a strike $42.00 long put offers a potential 12.36% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $47.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $42.00 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 65.68 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 Coca Cola
Bulls target Coca-Cola Enterprises
Fri, 20 Jun 2014 09:47:23 GMT
COCA-COLA ENTERPRISES, INC. Files SEC form 8-K, Other Events
Thu, 19 Jun 2014 20:18:35 GMT
Coca-Cola Enterprises May Be In Play For An Acquisition
Thu, 19 Jun 2014 18:40:30 GMT
Coca-Cola Enterprises Reaffirms FY14 Guidance
Wed, 18 Jun 2014 17:00:07 GMT
Coca-Cola Enterprises says expects to repurchase $800M of shares in 2014
Wed, 18 Jun 2014 15:18:05 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook