timwest
Long

Coca-Cola Company KO Daily - Lagging the SPY with low volatility

NYSE:KO   COCA-COLA COMPANY (THE)
251 6 4
There is a big divide here between the performance of the overall market and the performance of KO             , Coca-Cola.

The way to set up this trade is to go long KO             and sell short an equivalent $-amount of SPY             shares.

Over time, I think that KO             will start to outperform the market and this trade will make a profit. If they both go up, we need KO             to do better than the market. If they both go down, again, we want to see KO             do better and decline less than the market. The profit is in the difference between the performance and not the outright performance of KO             .

Tim KO             40.96+0.30 (+0.74%) SPY             194.46+0.16 (+0.08%)
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KO grinding higher and beating the SPY over the past two days. KO +2.0%, SPY only up 0.7%. 1.3% profit in 2 days.
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timwest PRO Ameliia Diukre
That is a long link - what is in the link? Let me know before I click on it. Thanks.
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Wow that's a smart move!
+1 Reply
It will only look smart if it makes money :-) But it is a strategy I am comfortable with.
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Nice profit so far. A couple of % gain in a short period without any loss along the way. So far, so good.
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2use timwest
But do you pay brokerage fees? Or do you trade large amounts?
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