General Mills's most recent trend suggests a bearish bias. One trading opportunity on General Mills is a Bear Call Spread using a strike $57.50 short call and a strike $62.50 long call offers a potential 10.86% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $57.50 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $4.51 would be incurred if the stock rose above the $62.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for General Mills 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 General Mills is bearish.
The RSI indicator is at 28.55 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for General Mills
[$$] Commodities slide triggers ‘freight recession' on US rails
Thu, 14 Jan 2016 09:07:20 GMT
Financial Times – On the railways criss-crossing the western US farm belt, grain trains are so abundant you can't give one away. Big agricultural commodity traders have been offering as much as $200 per covered hopper car …
General Mills Sues Chobani for False Yogurt Ad: Reports
Wed, 13 Jan 2016 18:30:06 GMT
Jerky Sales Are Jumping on Hot Demand for Protein Snacks
Tue, 12 Jan 2016 23:07:00 GMT
General Mills Sues Chobani for Advertising That Yoplait Contains ‘Bug Spray’
Tue, 12 Jan 2016 20:16:01 GMT
General Mills, Inc. — Moody's assigns A3 to General Mills euro 500 million floating rate notes
Mon, 11 Jan 2016 19:17:03 GMT
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