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Actionable news in KO: COCA-COLA COMPANY,

Coca-Cola's Earnings Selloff Will Be Short-Lived — Use This Trading Strategy to Profit

Coca-Cola (KO - Get Report) shares slumped Wednesday in the wake of the company's earnings report, but the stock should recover soon, and investors can use stock options to profit from that recovery.

Coca-Cola reported first-quarter adjusted earnings per share of 45 cents, narrowly beating analysts' forecast for 44 cents, but revenue fell 4% year over year.

The stock lost 4.8% on Wednesday, but a look at the chart reveals bullish signals.