Kroger's most recent trend suggests a bullish bias. One trading opportunity on Kroger is a Bull Put Spread using a strike $38.75 short put and a strike $33.75 long put offers a potential 13.64% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $38.75 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $33.75 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Kroger 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 Kroger is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold 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
Wal-Mart, Kroger Pulling Some Cilantro Over Feces Concerns
Wed, 29 Jul 2015 19:22:11 GMT
Wal-Mart, Kroger Pulling Some Cilantro Over Human-Feces Concerns
Wed, 29 Jul 2015 17:51:34 GMT
Is this Make or Break for Whole Foods Market?
Wed, 29 Jul 2015 14:41:47 GMT
Here’s how Kroger got on the cutting edge of the craft beer scene
Tue, 28 Jul 2015 19:01:53 GMT
An unlikely grocery store is becoming a major threat to McDonald's
Tue, 28 Jul 2015 16:13:48 GMT
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