Whole Foods's most recent trend suggests a bearish bias. One trading opportunity on Whole Foods is a Bear Call Spread using a strike $39.00 short call and a strike $44.00 long call offers a potential 12.11% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $39.00 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $4.46 would be incurred if the stock rose above the $44.00 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 below 20 which suggests that the stock is in oversold territory.
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
Midday Glance: Supermarkets companies
Wed, 16 Jul 2014 18:54:45 GMT
Midday Glance: Supermarkets companies
Wed, 16 Jul 2014 18:54:45 GMT
A buck a bar: $3 for 3 bars of Alaffia GOOD Soap, July 18-20 at Whole Foods Market
Wed, 16 Jul 2014 16:27:23 GMT
noodls – News Release: Date of sale: Friday, July 18 – Sunday, July 20 What's on sale: Alaffia GOOD Soap Price: $1 for 1 bar or $3 for 3 bars About Alaffia GOOD Soap: • Exclusive to Whole Foods Market, Alaffia …
What to Expect Next: A Double Whammy of High Unemployment, Inflation
Wed, 16 Jul 2014 13:56:00 GMT
Why Whole Foods Market (WFM) Stock Remains A ‘buy' At TheStreet
Tue, 15 Jul 2014 19:35:00 GMT
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