Coca Cola's most recent trend suggests a bearish bias. One trading opportunity on Coca Cola is a Bear Call Spread using a strike $38.00 short call and a strike $43.00 long call offers a potential 8.23% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $38.00 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 $43.00 long call 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Coca Cola
Coke Zero Dresses Up for Champion Seahawks
Wed, 05 Feb 2014 01:37:00 GMT
Business Wire – The Seahawks returned to home turf to clean out their lockers until next season. When they arrived, they were surprised with some special, ice-cold refreshment courtesy of Coke Zero, the team’s official soft drink.
AT&T speaks out against Russia's anti-gay laws
Wed, 05 Feb 2014 01:14:18 GMT
USA TODAY – Telecommunications company posts strong statement calling Russia's anti-gay law “harmful.”
Final Glance: Beverages companies
Tue, 04 Feb 2014 23:06:15 GMT
Final Glance: Beverages companies
Tue, 04 Feb 2014 23:06:15 GMT
AP – Shares of some top beverages companies were mixed at the close of trading: Anheuser-Busch Inbev ADR fell $.05 or .1 percent, to $94.26. Coca-Cola Co. rose $.28 or .8 percent, to $37.48. Dr Pepper Snapple …
Opinion: The Olympics, Putin and Gay Rights
Tue, 04 Feb 2014 21:34:49 GMT
MarketWatch – Human Rights Watch director of global initiatives Minky Worden on why the country’s anti-gay laws undermine the spirit of the games. Photo credit: Getty Images.
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