The Coca-Cola Company, a beverage company, manufactures, markets, and sells nonalcoholic beverages worldwide. They compete against Pepsi and SodaStream worldwide and have over 130,6000 full-time employees. The stock looks like it is breaking the Ichimoku cloud to the downside and with a trader buying Puts for this week and next week I thought it was a good time to take a Risk vs. Reward set-up.
The Trade: Buying the KO Weekly 4.11.2014 38 Puts for $.23
Risk: $23 per 1 lot
Reward: $77 per 1 lot
Targets: $.32, $.45 and $.60
Greeks of this Trade: