Downgrade Draws Put Players to Whole Foods Market, Inc.

Whole Foods Market, Inc. (WFMI) was hit with a negative analyst note on Tuesday, as Credit Suisse cut its outlook on the organic grocer from "neutral" to "underperform." As a result, WFMI slipped roughly one point lower on Tuesday, and is currently testing support at its 10-week moving average, which is located just beneath the %2437 level.Put players wasted no time in placing their bearish bets ...

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Source: Schaeffers Research

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