Whole Foods's most recent trend suggests a bullish bias. One trading opportunity on Whole Foods is a Bull Put Spread using a strike $50.00 short put and a strike $45.00 long put offers a potential 10.38% 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 $50.00 by expiration. The full premium credit of $0.47 would be kept by the premium seller. The risk of $4.53 would be incurred if the stock dropped below the $45.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Whole Foods 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 Whole Foods is bullish.
The RSI indicator is at 66.04 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 Whole Foods
Jim Cramer's Top Stock Picks: WFM STJ WYN ECOM
Sat, 08 Feb 2014 11:00:00 GMT
Condoms with a conscience set for sale
Sat, 08 Feb 2014 03:04:18 GMT
Next up for markets-Janet Yellen
Fri, 07 Feb 2014 23:54:20 GMT
CNBC – The Fed chair's first testimony before Congress is the big event for markets in the week ahead, as traders sift through economic data.
Always Stick with Best of Breed: Whole Foods vs Fairway
Fri, 07 Feb 2014 23:39:00 GMT
TheStreet – Why did Fairway even go public? This smaller ‘neighborhood' healthy supermarket framed itself as a Whole Foods look alike but what they didn't realize is that it is trying to open new stores too aggressively …
Final Glance: Supermarkets companies
Fri, 07 Feb 2014 23:24:14 GMT
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