Whole Foods's most recent trend suggests a bearish bias. One trading opportunity on Whole Foods is a Bear Call Spread using a strike $52.50 short call and a strike $57.50 long call offers a potential 10.86% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.50 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $4.51 would be incurred if the stock rose above the $57.50 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 37.08 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Whole Foods
Final Glance: Supermarkets companies
Tue, 29 Apr 2014 22:02:34 GMT
Final Glance: Supermarkets companies
Tue, 29 Apr 2014 22:02:34 GMT
Whole Foods' Newest Competitor In Organic: The Kroger Co.
Tue, 29 Apr 2014 21:32:42 GMT
Amazon Gets Top Reputation Ranking In Harris Poll
Tue, 29 Apr 2014 17:56:00 GMT
Midday Glance: Supermarkets companies
Tue, 29 Apr 2014 17:19:23 GMT
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