Caterpillar's most recent trend suggests a bullish bias. One trading opportunity on Caterpillar is a Bull Put Spread using a strike $107.00 short put and a strike $102.00 long put offers a potential 28.53% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $107.00 by expiration. The full premium credit of $1.11 would be kept by the premium seller. The risk of $3.89 would be incurred if the stock dropped below the $102.00 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 54.43 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Caterpillar
Caterpillar Inc. to Announce Second-Quarter 2017 Financial Results on July 25
Tue, 11 Jul 2017 13:00:00 +0000
PEORIA, Ill., July 11, 2017 /PRNewswire/ — Caterpillar Inc. (CAT) will release second-quarter 2017 financial results at 6:30 a.m. CDT on Tuesday, July 25. A real-time, listen-only teleconference and webcast of the quarterly results call that Caterpillar conducts with security analysts and institutional investors will begin at 10 a.m. CDT on Tuesday, July 25. Supporting materials will be available before the webcast at caterpillar.com/investors/events-and-presentations.
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Fri, 07 Jul 2017 13:30:01 +0000
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Fri, 07 Jul 2017 13:09:44 +0000
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