Analyzing the options chain and the chart patterns of WWW Wolverine World Wide prior to the earnings report this week, I would consider purchasing the 12.50usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately $1.02. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Just an idea, but will tag the target...may take a while.
WWW showing bullish signs for a long position as price has broken out and held so far above $34, with a gap fill above looming. Newly over the 50 and 200 Day moving averages, a tight stop on this trade presents a great opportunity for high reward to risk ratio. I can see both a cup and handle breakout, as well as an inverted head and shoulders pattern breakout....
WWW: Wolverine World Wide 2019-02-12 06:30:00 Wolverine World Wide Announces New $400 Million Share Repurchase Program, Dividend Increase and Improved Capital Structure
Short WWW for 1-3 weeks. Needs to come down. Indicators are exhausted and showing signs of rolling over.
i like wolverine here and this is why: The stock had a nice uptrend since the last earnings and then start to relax a little bit and did a correction. The upmove was very strong and had a lot of volume. After that, the stock slow down for a time with low volume ( People are taking profit and not a lot of people are buying) and then today , the stock did a nice...