Whole Foods's most recent trend suggests a bullish bias. One trading opportunity on Whole Foods is a Bull Put Spread using a strike $46.50 short put and a strike $41.50 long put offers a potential 5.49% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $46.50 by expiration. The full premium credit of $0.26 would be kept by the premium seller. The risk of $4.74 would be incurred if the stock dropped below the $41.50 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 above 80 which suggests that the stock is in overbought 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
Final Glance: Supermarkets companies
Wed, 12 Nov 2014 23:02:36 GMT
Final Glance: Supermarkets companies
Wed, 12 Nov 2014 23:02:36 GMT
Don’t expect too many cut-rate deals for the holidays
Wed, 12 Nov 2014 19:08:01 GMT
SapientNitro's Second Story Helps Whole Foods Market Innovate the Shopping Experience in New Alpharetta, GA Store
Wed, 12 Nov 2014 17:00:40 GMT
noodls – Interactive installations advance the consumer experience with new ways to discover products, access information and make better purchase decisions ATLANTA–(BUSINESS WIRE)– Second Story, part of SapientNitro (NASDAQ: …
Early Glance: Supermarkets companies
Wed, 12 Nov 2014 16:05:34 GMT
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