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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
Breakeven: $37.77

Targets: $.32, $.45 and $.60

Greeks of this Trade:
Delta: Short
Gamma: Long
Theta:: Short
Vega: Long

Andrew Keene
http://keeneonthemarket.com

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