Whole Foods's most recent trend suggests a bullish bias. One trading opportunity on Whole Foods is a Bull Put Spread using a strike $55.00 short put and a strike $47.50 long put offers a potential 6.99% 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 $55.00 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $7.01 would be incurred if the stock dropped below the $47.50 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 25.12 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
Don't Discount Whole Foods' Appeal Just Yet
Wed, 27 Nov 2013 03:12:03 GMT
Motley Fool – Slowing growth is leading organic grocer to try a new shopping programs to increase customer loyalty
Thanksgiving shopping? Not in states that ban it
Wed, 27 Nov 2013 00:16:56 GMT
AP – Shoppers won't be lining up for Thanksgiving Day deals at stores in Rhode Island, Maine and Massachusetts. They can't. It's the legacy of so-called “blue laws,” which prohibit large supermarkets, …
Thanksgiving shopping? Not in states that ban it
Wed, 27 Nov 2013 00:14:03 GMT
Final Glance: Supermarkets companies
Tue, 26 Nov 2013 23:03:24 GMT
Final Glance: Supermarkets companies
Tue, 26 Nov 2013 23:03:24 GMT
AP – Shares of some top supermarkets companies were mixed at the close of trading: Kroger fell $.61 or 1.4 percent, to $41.95. Safeway rose $.24 or .7 percent, to $34.53. Supervalu rose $.15 or 2.4 percent, …
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