Caterpillar's most recent trend suggests a bullish bias. One trading opportunity on Caterpillar is a Bull Put Spread using a strike $115.00 short put and a strike $110.00 long put offers a potential 16.55% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $0.71 would be kept by the premium seller. The risk of $4.29 would be incurred if the stock dropped below the $110.00 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 40.01 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Caterpillar
Raytheon Technologies Corp., Walt Disney share losses contribute to Dow's nearly 250-point drop
Thu, 30 Apr 2020 14:45:00 +0000
DOW UPDATE The Dow Jones Industrial Average is seeing a selloff Thursday morning with shares of Raytheon Technologies Corp. and Walt Disney facing the biggest setback for the index. The Dow (DJIA) was most recently trading 248 points lower (-1.
Caterpillar Announces Virtual 2020 Shareholder Meeting
Wed, 29 Apr 2020 20:00:00 +0000
Caterpillar Inc. (NYSE: CAT) will hold a virtual annual shareholder meeting in place of an in-person event due to the COVID-19 pandemic. The meeting will take place Wednesday, June 10, 2020 at 8 a.m. (Central Daylight Time).
Edited Transcript of CAT earnings conference call or presentation 28-Apr-20 12:30pm GMT
Wed, 29 Apr 2020 03:57:02 +0000
Q1 2020 Caterpillar Inc Earnings Call
Caterpillar Reports 1st-Quarter Results
Tue, 28 Apr 2020 21:09:20 +0000
Industrial giant’s sales fell across all business segments and geographies Continue reading…
Caterpillar Inc (CAT) Q1 2020 Earnings Call Transcript
Tue, 28 Apr 2020 21:00:58 +0000
CAT earnings call for the period ending March 31, 2020.
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