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...
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
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...
