CenturyLink's most recent trend suggests a bullish bias. One trading opportunity on CenturyLink is a Bull Put Spread using a strike $31.00 short put and a strike $26.00 long put offers a potential 9.89% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $31.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $26.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for CenturyLink 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 CenturyLink is bullish.
The RSI indicator is at 37.52 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CenturyLink
CenturyLink Prices $750 Million of Debt Securities
Fri, 15 Nov 2013 00:47:21 GMT
noodls – MONROE, La., Nov. 14, 2013 /PRNewswire/ — CenturyLink, Inc. (NYSE: CTL) announced today that it agreed to sell $750 million of newly-issued unsecured ten-year senior notes. The senior notes due 2023 were …
CenturyLink Prices $750 Million of Debt Securities
Thu, 14 Nov 2013 23:59:00 GMT
PR Newswire – MONROE, La., Nov. 14, 2013 /PRNewswire/ — CenturyLink, Inc. (CTL) announced today that it agreed to sell $750 million of newly-issued unsecured ten-year senior notes. The senior notes due 2023 were priced at par with a coupon rate of 6.75%. CenturyLink expects to use the net proceeds from this offering, together with available cash or borrowings under its revolving credit facility, to provide the total amount of funds required to: repurchase all $800 million aggregate principal amount of the 7.125% Notes due 2018 (the “2018 Notes”) of CenturyLink's wholly-owned subsidiary, Qwest Communications International Inc. (“Qwest Communications”), pursuant to either Qwest Communications' tender offer announced earlier today or Qwest Communications' proposed subsequent redemption of any of its 2018 Notes not purchased pursuant to the tender offer; Wells Fargo Securities, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC are the joint book-running managers for this offering. The senior notes are being offered pursuant to CenturyLink's existing shelf registration statement. CenturyLink intends to file with the Securities and Exchange Commission a definitive prospectus supplement and accompanying prospectus describing the terms of this offering.
CENTURYLINK, INC Financials
Thu, 14 Nov 2013 18:04:24 GMT
CenturyLink, Inc. — Moody's rates CenturyLink's new notes Ba2
Thu, 14 Nov 2013 17:47:15 GMT
Moody's – New York, November 14, 2013– Moody's Investors Service has assigned a Ba2 rating to CenturyLink Inc.' s proposed offering of Series W Notes due 2023. The company also announced a tender offer to purchase …
CenturyLink Commences Debt Tender Offer And Concurrent Debt Offering
Thu, 14 Nov 2013 15:29:36 GMT
noodls – MONROE, La., Nov. 14, 2013/PRNewswire/ –CenturyLink, Inc. (NYSE: CTL) and its wholly-owned subsidiary Qwest Communications International Inc. (“Qwest Communications”)announced today the commencement …
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