Whole Foods's most recent trend suggests a bullish bias. One trading opportunity on Whole Foods is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 13.12% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock dropped below the $55.00 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 75.06 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
Reading the Fine Print on GMO Labeling Initiatives
Wed, 23 Oct 2013 11:16:14 GMT
Motley Fool – There's a lot that's left unsaid between the lines when it comes to efforts like Washington's I-522.
Final Glance: Supermarkets companies
Tue, 22 Oct 2013 22:03:46 GMT
Final Glance: Supermarkets companies
Tue, 22 Oct 2013 22:03:46 GMT
AP – Shares of some top supermarkets companies were mixed at the close of trading: Kroger rose $.46 or 1.1 percent, to $42.71. Safeway fell $.03 or .1 percent, to $32.90. Supervalu fell $.13 or 1.8 percent, …
3 Big Questions Facing Whole Foods Market
Tue, 22 Oct 2013 22:01:57 GMT
Motley Fool – Fast growth and a high multiple may be no problem, but what happens when the company's growth slows?
Staying Zen During Market Ups and Downs
Tue, 22 Oct 2013 21:30:12 GMT
Motley Fool – If the past couple of weeks have taught us anything, it’s to keep calm amid political confusion and market volatility.
Related Posts
Also on Market Tamer…
Follow Us on Facebook