General Mills (GIS) Offering Possible 13.12% Return Over the Next 27 Calendar Days

General Mills's most recent trend suggests a bullish bias. One trading opportunity on General Mills is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 13.12% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock dropped below the $57.50 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for General Mills 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 General Mills is bullish.

The RSI indicator is at 73.06 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for General Mills

General Mills (GIS) Gains As Market Dips: What You Should Know
Thu, 23 Jul 2020 21:45:09 +0000
General Mills (GIS) closed at $64.99 in the latest trading session, marking a +0.42% move from the prior day.

General Mills CEO: 'You can’t make the food the world needs unless you’re taking care of your people first'
Mon, 20 Jul 2020 17:25:22 +0000
Everyone is still eating at home amidst the COVID-19 pandemic in a big way. Yahoo Finance speaks with the CEO of Cheerios and Dunkaroos maker General Mills.

Dunkaroos relaunch brings us back to a less complicated time: General Mills CEO
Mon, 20 Jul 2020 14:05:19 +0000
Yahoo Finance’s Alexis Christoforous and Brian Sozzi speak with General Mills CEO & Chairman Jeff Harmening about business growth amid COVID-19.

What Is The Ownership Structure Like For General Mills, Inc. (NYSE:GIS)?
Wed, 15 Jul 2020 18:52:32 +0000
Every investor in General Mills, Inc. (NYSE:GIS) should be aware of the most powerful shareholder groups. Insiders…

Is General Mills Stock a Buy?
Wed, 15 Jul 2020 12:22:00 +0000
The packaged foods giant experienced a sales surge during the COVID-19 crisis — but will its stock continue to outperform the S&P; 500?

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