CBS Corp's most recent trend suggests a bearish bias. One trading opportunity on CBS Corp is a Bear Call Spread using a strike $53.00 short call and a strike $58.00 long call offers a potential 11.11% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $53.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock rose above the $58.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for CBS Corp is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for CBS Corp is bearish.
The RSI indicator is at 43.37 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
Lightning Round: The worst pick I ever made
Fri, 12 Dec 2014 00:31:26 GMT
CBS extends CEO Leslie Moonves' contract to 2019
Fri, 12 Dec 2014 00:20:00 GMT
CBS extends CEO’s contract by two years
Thu, 11 Dec 2014 22:38:12 GMT
CBS Extends CEO's Contract Again
Thu, 11 Dec 2014 22:08:42 GMT
CBS CEO Leslie Moonves Extends Contract to June 2019
Thu, 11 Dec 2014 21:18:24 GMT
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