Whole Foods's most recent trend suggests a bearish bias. One trading opportunity on Whole Foods is a Bear Call Spread using a strike $62.50 short call and a strike $67.50 long call offers a potential 6.38% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $62.50 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 rose above the $67.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Whole Foods 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 Whole Foods is bearish.
The RSI indicator is at 32.91 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 natural Winners
Tue, 12 Nov 2013 23:53:53 GMT
CNBC – There's something very organic about the advance Cramer expects in these 3 stocks. Get details now!
Final Glance: Supermarkets companies
Tue, 12 Nov 2013 23:19:32 GMT
Final Glance: Supermarkets companies
Tue, 12 Nov 2013 23:19:32 GMT
AP – Shares of some top supermarkets companies were up at the close of trading: Kroger rose $.38 or .9 percent, to $41.91. Safeway rose $.82 or 2.5 percent, to $33.71. Supervalu rose $.14 or 2.1 percent, to …
Whole Foods: Here's Why I'm Staying Fairly Neutral On Shares
Tue, 12 Nov 2013 22:33:31 GMT
Seeking Alpha – On Monday, November 11, it was noted that Whole Foods ( WFM ) co-CEO Walter Robb indicated that the company would try setting up shop in a number of additional urban areas after seeing how successful the …
Ignore Investors' Whole Foods Panic Attack
Tue, 12 Nov 2013 22:16:00 GMT
Motley Fool – Don’t dump Whole Foods — this company is still disrupting the grocery business.
Related Posts
Also on Market Tamer…
Follow Us on Facebook