CBS Corp's most recent trend suggests a bullish bias. One trading opportunity on CBS Corp is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 25% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $4.00 would be incurred if the stock dropped below the $55.00 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 64.84 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
Should HBO trade under own symbol?
Tue, 19 Aug 2014 21:33:00 GMT
Fresh reality TV was last week's big Nielsens draw
Tue, 19 Aug 2014 18:58:23 GMT
U.S. Cable Television Ratings for the Week Ended Aug. 17
Tue, 19 Aug 2014 18:54:19 GMT
CBS CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Tue, 19 Aug 2014 18:24:30 GMT
U.S. Television Prime-Time Ratings for Week Ended Aug. 17
Tue, 19 Aug 2014 18:14:49 GMT
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