Coca Cola's most recent trend suggests a bearish bias. One trading opportunity on Coca Cola is a Bear Call Spread using a strike $41.50 short call and a strike $46.50 long call offers a potential 8.23% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $41.50 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $4.62 would be incurred if the stock rose above the $46.50 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 37.23 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Coca Cola
[$$] Coca-Cola Replaces Marketing Chief
Fri, 24 Oct 2014 04:47:42 GMT
The Wall Street Journal – Coca-Cola is replacing its chief marketing officer with a veteran company insider, the latest bid by the world’s largest beverage maker to revive flagging sales.
[$$] Overheard: Dr Pepper Tops Expectations
Fri, 24 Oct 2014 04:44:23 GMT
The Wall Street Journal – Hey, Coca-Cola investors, would you like to be a Pepper, too?
Company News: McDonald's, Coca-Cola, Target, Johnson & Johnson, Amazon, CVS
Thu, 23 Oct 2014 21:35:44 GMT
Coca-Cola Femsa Conference Call Highlights
Thu, 23 Oct 2014 18:40:18 GMT
Dr Pepper Snapple Fizzes On Mineral Water, Clamato
Thu, 23 Oct 2014 18:38:00 GMT
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