Mondelez's most recent trend suggests a bullish bias. One trading opportunity on Mondelez is a Bull Put Spread using a strike $34.00 short put and a strike $29.00 long put offers a potential 6.38% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $34.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $29.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Mondelez 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 Mondelez is bullish.
The RSI indicator is at 66.15 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 Mondelez
Midday Glance: Food companies
Thu, 30 Oct 2014 17:17:25 GMT
Midday Glance: Food companies
Thu, 30 Oct 2014 17:17:25 GMT
AP – Shares of some top food companies are mixed at 1 p.m.: ConAgra Foods Inc. rose $.25 or .8 percent, to $30.95. General Mills Inc. rose $.39 or .8 percent, to $48.05. Hormel Foods Corp. rose $.31 or .7 percent, …
Hershey says higher milk prices, strong dollar hurting profit
Wed, 29 Oct 2014 12:06:48 GMT
Mondelez International Selects StayinFront as Its Global Mobile Retail Execution Software
Tue, 28 Oct 2014 21:01:00 GMT
Marketwired – StayinFront Inc. announced a global agreement with Mondelez International, a global snacking powerhouse, with billion-dollar brands, such as Oreo, LU and Nabisco biscuits; Cadbury, Cadbury Dairy Milk and …
Buffett's newspaper unit selling marketing firm
Tue, 28 Oct 2014 20:26:20 GMT
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