Coca Cola's most recent trend suggests a bearish bias. One trading opportunity on Coca Cola is a Bear Call Spread using a strike $46.00 short call and a strike $55.00 long call offers a potential 8.43% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $46.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $8.30 would be incurred if the stock rose above the $55.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Coca Cola is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Coca Cola is bearish.
The RSI indicator is at 39.47 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Coca Cola
US yields hold ranges after tame US price data
Tue, 15 Apr 2014 13:07:35 GMT
US stock futures gain after earnings; inflation data
Tue, 15 Apr 2014 12:34:47 GMT
Europe shares off lows; miners weigh; Ukraine concerns persist
Tue, 15 Apr 2014 12:26:49 GMT
Premarkets: In the midst of earnings season
Tue, 15 Apr 2014 11:18:00 GMT
Global tensions, earnings may add to market unrest
Mon, 14 Apr 2014 10:36:56 GMT
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