Caterpillar's most recent trend suggests a bullish bias. One trading opportunity on Caterpillar is a Bull Put Spread using a strike $100.00 short put and a strike $95.00 long put offers a potential 15.21% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $100.00 by expiration. The full premium credit of $0.66 would be kept by the premium seller. The risk of $4.34 would be incurred if the stock dropped below the $95.00 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 61.69 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
TUESDAY MAY 2 DEADLINE: Lundin Law PC Announces Securities Class Action Lawsuit against Caterpillar Inc. and Encourages Investors with Losses to Contact the Firm
Mon, 01 May 2017 23:10:00 +0000
LOS ANGELES, CA / ACCESSWIRE / May 1, 2017 / Lundin Law PC , a shareholder rights firm, announces a class action lawsuit against Caterpillar Inc. (“Caterpillar” or the “Company”) (NYSE: …
Should you buy Caterpillar?
Mon, 01 May 2017 19:34:00 +0000
Debating whether investors should be in Caterpillar with the stock up 20-percent since the election, with Gordon Johnson, Axiom Capital head of research, and Stanley Elliott, Stifel.
The Klein Law Firm Reminds Investors of a Class Action Commenced on Behalf of Caterpillar, Inc. Shareholders and a Lead Plaintiff Deadline of May 2, 2017
Mon, 01 May 2017 17:59:00 +0000
NEW YORK, NY / ACCESSWIRE / May 1, 2017 / The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Caterpillar, Inc. (NYSE: CAT) who purchased shares between …
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