Kroger's most recent trend suggests a bullish bias. One trading opportunity on Kroger is a Bull Put Spread using a strike $39.00 short put and a strike $34.00 long put offers a potential 8.7% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $39.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $34.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Kroger 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 Kroger is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Kroger
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Thu, 27 Feb 2014 16:34:58 GMT
Kroger Created More than 7,000 New Jobs in 2013
Thu, 27 Feb 2014 15:20:24 GMT
noodls – CINCINNATI, Feb. 27, 2014 /PRNewswire/ — The Kroger Co. (NYSE: KR) today announced that its total active workforce has grown by more than 7,000 during fiscal year 2013. Approximately 90 percent of the …
Kroger Created More than 7,000 New Jobs in 2013
Thu, 27 Feb 2014 14:00:00 GMT
PR Newswire – CINCINNATI, Feb. 27, 2014 /PRNewswire/ — The Kroger Co. (KR) today announced that its total active workforce has grown by more than 7,000 during fiscal year 2013. Approximately 90 percent of the new jobs are in the company's supermarket divisions. “Our associates have the extraordinary opportunity to make a difference for the more than eight million customers who visit our stores each day,” said Katy Barclay, Kroger's senior vice president of human resources. “We are proud that Kroger's growth has created 40,000 new American jobs during the last six years. Over the last six years, Kroger has created more than 40,000 new jobs.
Kroger (KR) is Overbought, What's Next?
Thu, 27 Feb 2014 13:00:19 GMT
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