Caterpillar's most recent trend suggests a bullish bias. One trading opportunity on Caterpillar is a Bull Put Spread using a strike $145.00 short put and a strike $135.00 long put offers a potential 14.03% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $145.00 by expiration. The full premium credit of $1.23 would be kept by the premium seller. The risk of $8.77 would be incurred if the stock dropped below the $135.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Caterpillar 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 Caterpillar is bullish.
The RSI indicator is at 66.93 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Caterpillar
Morgan Stanley: 11 High-Conviction Stocks To Watch This Earnings Season
Sun, 22 Apr 2018 20:43:20 +0000
Earnings season is important for all stocks, but Morgan Stanley’s equity research team came out with a report earlier this week highlighting a dozen stocks they will be watching closely this earnings season. …
Economic Calendar – Top 5 Things to Watch This Week
Sun, 22 Apr 2018 12:42:00 +0000
Investing.com – The coming week marks the busiest one of the first-quarter earnings season on Wall Street, with many of the big-name U.S. technology stocks, such as Facebook, Amazon and Google, set to report in the days ahead.
Earnings could push stocks higher
Fri, 20 Apr 2018 23:21:00 +0000
Jim Cramer reviews his game plan for the week ahead and highlights the most important stocks and events to watch.
Cramer's game plan: Earnings could push stocks higher
Fri, 20 Apr 2018 22:31:00 +0000
Jim Cramer reviews his game plan for the week ahead and highlights the most important stocks and events to watch.
Cramer's game plan: Earnings could push stocks higher
Fri, 20 Apr 2018 22:12:00 +0000
Jim Cramer reviews his game plan for the week ahead and highlights the most important stocks and events to watch.
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