CBS Corp's most recent trend suggests a bullish bias. One trading opportunity on CBS Corp is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 6.38% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $50.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for CBS Corp is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for CBS Corp is bullish.
The RSI indicator is at 54.12 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for CBS Corp
CBS Sending Big Message To Affiliates
Wed, 13 Aug 2014 17:05:23 GMT
Jocks, Employees to NCAA & Silicon Valley: “We're Not Gonna Take It!”
Wed, 13 Aug 2014 14:02:00 GMT
Yahoo!, CBS, ESPN and the NFL Are Using Pay-To-Play Fantasy Football To Drive Website Traffic In Fall 2014
Wed, 13 Aug 2014 13:30:00 GMT
Busy Working, Robin Williams Fought Demons
Wed, 13 Aug 2014 01:59:50 GMT
Why big businesses are still fighting for same-sex marriage
Tue, 12 Aug 2014 23:12:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook