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 $45.00 long put offers a potential 6.95% return on risk over the next 31 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 $0.65 would be kept by the premium seller. The risk of $9.35 would be incurred if the stock dropped below the $45.00 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 59.53 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
ATF agent can publish book on ‘Fast and Furious'
Wed, 16 Oct 2013 16:33:56 GMT
EXCLUSIVE: Major Premium Networks Passed on Series Sony Sold to Netflix
Wed, 16 Oct 2013 15:07:00 GMT
TheStreet – NEW YORK ( TheStreet ) — According to multiple sources close to the situation, at least three major premium networks passed on the original series Sony sold to Netflix earlier this week. Sony approached …
NFL Plan to Add Second Thursday Night Game Is a Bad Idea
Wed, 16 Oct 2013 14:33:00 GMT
TheStreet – NEW YORK ( TheStreet ) — If Netflix and Google get a second Thursday night football game it might be a big win for those companies but it would be a huge loss for the players and the game itself. The …
“ENTERTAINMENT TONIGHT PRESENTS: THE KATY PERRY EXPERIENCE” One-Hour Primetime Television Special to Premiere on TVGN
Tue, 15 Oct 2013 19:55:00 GMT
Business Wire – TVGN will premiere a one-hour television special, ENTERTAINMENT TONIGHT PRESENTS: THE KATY PERRY EXPERIENCE, on Monday, October 21 at 8:00 PM ET/PT.
U.S. Television Prime-Time Ratings for Week Ended Oct. 13
Tue, 15 Oct 2013 17:37:08 GMT
Bloomberg – The following tables list the prime- time averages for 14 U.S. broadcast networks for the week ended Oct. 13.
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