CBS Corp's most recent trend suggests a bearish bias. One trading opportunity on CBS Corp is a Bear Call Spread using a strike $55.50 short call and a strike $60.50 long call offers a potential 10.62% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.50 by expiration. The full premium credit of $0.48 would be kept by the premium seller. The risk of $4.52 would be incurred if the stock rose above the $60.50 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 47.77 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
CLASS ACTION UPDATE for CBS, PZZA, PM and QRTEA: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
Thu, 25 Oct 2018 20:49:40 +0000
NEW YORK, Oct. 25, 2018 — Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
Channel 7's late news scores ratings victory as numbers grow
Thu, 25 Oct 2018 18:13:05 +0000
Channel 7 and all but one of its competitors at 10 p.m. saw increases in their audience numbers in October.
Scott+Scott Attorneys at Law LLP Investigating Derivative Claims on Behalf of Shareholders of CBS Corporation – CBS
Thu, 25 Oct 2018 14:31:00 +0000
Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a national securities and consumer rights litigation firm, is investigating whether certain directors and officers of CBS Corporation (“CBS” or the “Company”) (CBS) breached their fiduciary duties to the Company and its shareholders. If you are a CBS shareholder, you are encouraged to contact Scott+Scott for additional information.
See what the IHS Markit Score report has to say about CBS Corp.
Thu, 25 Oct 2018 12:01:04 +0000
CBS Corp NYSE:CBS.A
CBS NOTICE: Rosen Law Firm Reminds CBS Corporation Investors of Important October 26 Deadline in Class Action – CBS
Wed, 24 Oct 2018 20:23:26 +0000
NEW YORK, Oct. 24, 2018 — Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of CBS.
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