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 14.16% return on risk over the next 29 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 $0.62 would be kept by the premium seller. The risk of $4.38 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 77.38 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
Final Glance: Supermarkets companies
Fri, 18 Oct 2013 22:03:43 GMT
Final Glance: Supermarkets companies
Fri, 18 Oct 2013 22:03:43 GMT
AP – Shares of some top supermarkets companies were mixed at the close of trading: Kroger rose $.17 or .4 percent, to $42.38. Safeway fell $.02 or .1 percent, to $33.36. Supervalu fell $.68 or 8.4 percent, …
Midday Glance: Supermarkets companies
Fri, 18 Oct 2013 17:24:15 GMT
Midday Glance: Supermarkets companies
Fri, 18 Oct 2013 17:24:15 GMT
AP – Shares of some top supermarkets companies are mixed at 1 p.m.: Kroger rose $.22 or .5 percent, to $42.43. Safeway rose $.14 or .4 percent, to $33.52. Supervalu fell $.32 or 4.0 percent, to $7.75. Whole …
Stocks at 1-year highs: Amgen, Starbucks & more
Fri, 18 Oct 2013 16:48:00 GMT
CNBC – There are over 100 S&P 500 stocks soaring to new 52-week highs. The FMHR traders take their positions.
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