Coca Cola's most recent trend suggests a bearish bias. One trading opportunity on Coca Cola is a Bear Call Spread using a strike $41.00 short call and a strike $46.00 long call offers a potential 12.36% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $41.00 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 rose above the $46.00 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Coca Cola
Coca-Cola Promotes Julie Hamilton to Chief Customer Post
Wed, 17 Dec 2014 05:39:27 GMT
The Wall Street Journal – Coca-Cola tapped company veteran Julie Hamilton to oversee global commercial strategy, the latest management move by the beverage giant aimed at jump-starting sluggish sales.
Coca-Cola CEO Can't Be Blamed for Shift in Consumer Preferences
Tue, 16 Dec 2014 21:49:00 GMT
The Top Ten Stocks for Dec. 16
Tue, 16 Dec 2014 21:26:26 GMT
Jefferies Lowers Coca-Cola Price Target
Tue, 16 Dec 2014 20:33:23 GMT
Taking Stock: Chart of the Day, Investing in Mid-Cap Stocks
Tue, 16 Dec 2014 20:23:48 GMT
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