General Mills's most recent trend suggests a bearish bias. One trading opportunity on General Mills is a Bear Call Spread using a strike $52.50 short call and a strike $57.50 long call offers a potential 5.49% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.50 by expiration. The full premium credit of $0.26 would be kept by the premium seller. The risk of $4.74 would be incurred if the stock rose above the $57.50 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 54.41 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for General Mills
UPDATE 3-Yogurt maker Chobani says may tap turnaround expert to replace founder as CEO
Tue, 06 Jan 2015 18:06:12 GMT
Reuters – Greek yogurt maker Chobani, battling intense competition in the grocery aisle, on Monday said it will name a new chief executive to replace its founder and may appoint its acting president, a turnaround …
Hot Dividend Stocks: Analyst Downgrades General Mills
Mon, 05 Jan 2015 23:20:00 GMT
2015 playbook: Consumer comeback?
Wed, 31 Dec 2014 14:53:00 GMT
General Mills quietly breaks up organic and frozen food divisions
Mon, 29 Dec 2014 19:04:31 GMT
GENERAL MILLS INC Financials
Wed, 24 Dec 2014 18:04:09 GMT
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