Caterpillar's most recent trend suggests a bullish bias. One trading opportunity on Caterpillar is a Bull Put Spread using a strike $134.00 short put and a strike $129.00 long put offers a potential 30.89% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $134.00 by expiration. The full premium credit of $1.18 would be kept by the premium seller. The risk of $3.82 would be incurred if the stock dropped below the $129.00 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 above 80 which suggests that the stock is in overbought territory.
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
Caterpillar (CAT) Stock Sinks As Market Gains: What You Should Know
Wed, 03 Jul 2019 21:45:09 +0000
Caterpillar (CAT) closed at $135.59 in the latest trading session, marking a -0.19% move from the prior day.
New Strong Buy Stocks for July 3rd
Wed, 03 Jul 2019 13:53:01 +0000
New Strong Buy Stocks for July 3rd
Is Caterpillar (CAT) Stock Outpacing Its Industrial Products Peers This Year?
Wed, 03 Jul 2019 13:30:01 +0000
Is (CAT) Outperforming Other Industrial Products Stocks This Year?
Stocks – Futures Rise in Holiday-Thinned Trade; Jobs Data in Focus
Wed, 03 Jul 2019 11:26:17 +0000
Investing.com – U.S. futures rose on Wednesday in holiday-thinned trading as trade optimism and prospects of the Federal Reserve cutting rates at its next policy meeting helped boost investor sentiment.
Top ETF Events of Wall-Street's Decade-Best June
Tue, 02 Jul 2019 17:42:45 +0000
June was stellar for Wall Street thanks to dovish comments from big central banks, oil price rise and cues of U.S.-China trade truce.
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