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 37 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 53.51 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Caterpillar
Stocks Close Higher, But Off Day's Highs
Mon, 11 Aug 2014 21:02:00 GMT
Ebola starting to take an economic toll in region
Sat, 09 Aug 2014 13:45:42 GMT
CATERPILLAR INC Financials
Fri, 08 Aug 2014 17:04:08 GMT
Caterpillar to Participate in the Jefferies 2014 Global Industrials Conference on August 12; Webcast Available
Fri, 08 Aug 2014 14:32:45 GMT
noodls – August 8, 2014 Caterpillar contact: Rachel Potts Global Government & Corporate Affairs Office: 309-675-6892 Potts_Rachel_A@cat.com FOR IMMEDIATE RELEASE PEORIA, ILLINOIS – Caterpillar Inc. (NYSE: CAT) …
Caterpillar to Participate in the Jefferies 2014 Global Industrials Conference on August 12; Webcast Available
Fri, 08 Aug 2014 13:00:00 GMT
PR Newswire – PEORIA, Ill., Aug. 8, 2014 /PRNewswire/ — Caterpillar Inc. (NYSE: CAT) Director of Investor Relations Rich Moore will speak at the Jefferies 2014 Global Industrials Conference on Tuesday, August 12. He …
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