Kroger's most recent trend suggests a bullish bias. One trading opportunity on Kroger is a Bull Put Spread using a strike $43.00 short put and a strike $38.00 long put offers a potential 11.11% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $43.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $38.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Kroger 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 Kroger is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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 Kroger
Economies of Kale 2: Don’t Forget About Costco and Kroger
Sat, 08 Mar 2014 18:47:56 GMT
Markets Mixed as Jobs Report Rally Dies
Fri, 07 Mar 2014 18:17:58 GMT
On The Fly: Midday Wrap
Fri, 07 Mar 2014 17:18:58 GMT
Why Safeway Buyout Makes Kroger Worth Twice as Much
Fri, 07 Mar 2014 15:55:35 GMT
States Veto Food Stamp Cuts as $8.6 Billion Deal Fades
Fri, 07 Mar 2014 15:13:22 GMT
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