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 6.16% return on risk over the next 10 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 $0.29 would be kept by the premium seller. The risk of $4.71 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 77.08 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
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Wed, 09 Apr 2014 22:48:03 GMT
Reuters – Stornoway Diamond Corp said on Wednesday it has entered into a financing agreement with three parties, including a private equity group and the Quebec government, for C$944 million ($864.59 million) to build a mine at Stornoway's Renard diamond project in Quebec. The agreement lays out a series of proposed financing transactions for the mine, including US$360 million from the Orion Mine Finance Group, a mining-focused private equity business;
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Wed, 09 Apr 2014 15:04:55 GMT
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Caterpillar Inc. Maintains Dividend Rate
Wed, 09 Apr 2014 14:24:00 GMT
PR Newswire – PEORIA, Ill., April 9, 2014 /PRNewswire/ — The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly cash dividend of sixty cents ($0.60) per share of common stock, …
Media Billionaire Kerry Stokes Enters The Oil And Gas Game As Others Think About Leaving
Wed, 09 Apr 2014 09:01:00 GMT
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Tue, 08 Apr 2014 17:48:00 GMT
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