CBS Corp's most recent trend suggests a bullish bias. One trading opportunity on CBS Corp is a Bull Put Spread using a strike $53.00 short put and a strike $48.00 long put offers a potential 26.58% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $53.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $3.95 would be incurred if the stock dropped below the $48.00 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 52.67 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
Judge says Aereo must shut for good as live TV, but service may survive as a cloud DVR
Thu, 23 Oct 2014 22:22:58 GMT
The ratings system that could change the TV industry forever
Thu, 23 Oct 2014 20:04:42 GMT
How Potential Ray Rice Reinstatement May Impact The NFL
Thu, 23 Oct 2014 19:36:00 GMT
Surprise: Comcast Still Makes Money When You Cut the Cord
Thu, 23 Oct 2014 18:00:11 GMT
BusinessWeek – Comcast's cable business might suffer if people cut the cord, but it has other businesses that can benefit from the trend
Comcast shares higher post-earnings
Thu, 23 Oct 2014 15:30:00 GMT
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