Kroger (KR) Offering Possible 7.53% Return Over the Next 6 Calendar Days

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Kroger’s most recent trend suggests a bearish bias. One trading opportunity on Kroger is a Bear Call Spread using a strike $28.00 short call and a strike $33.00 long call offers a potential 7.53% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $28.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock rose above the $33.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Kroger 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 Kroger is bearish.

The RSI indicator is at 41.91 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Kroger

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Amazon pays Prime members to shop at Whole Foods
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Kroger Hosts Third Natural Foods Innovation Summit
Thu, 12 Jul 2018 16:01:00 +0000
CINCINNATI, July 12, 2018 /PRNewswire/ — The Kroger Co. (KR) today is hosting its third Natural Foods Innovation Summit in partnership with 84.51°, in Cincinnati, Ohio. Justin Gold, an accomplished, innovative entrepreneur and founder of Justin’s®, a natural and organic nut butters brand, will speak at the Summit. “Kroger’s natural and organic category achieved $16.7 billion in sales last year, including $2 billion in Simple Truth® sales,” said Robert Clark, Kroger’s senior vice president of merchandising.

Free Research Report as Kroger’s Sales Gained 3.4% and Adjusted EPS Surged 26%
Thu, 12 Jul 2018 11:15:00 +0000
LONDON, UK / ACCESSWIRE / July 12, 2018 / If you want access to our free earnings report on The Kroger Co. (NYSE: KR) (“Kroger”), all you need to do is sign up now by clicking the following link The Company reported its first quarter fiscal 2018 operating and financial results on June 21, 2018. Additionally, Kroger, which sold its convenience store unit this year for $2.15 billion and also bought meal-kit seller Home Chef, raised the low-end of its GAAP and adjusted earnings guidance for FY18.

What’s next for 4 of Kroger’s 14 shuttering Triangle stores?
Wed, 11 Jul 2018 19:11:16 +0000
The decision by Cincinnati-based Kroger to exit the Triangle market has dumped a glut of open grocery store space onto the real estate market, and it might not be all that easy for landlords to sign on other grocers as replacement tenants.

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