CBS Corp's most recent trend suggests a bullish bias. One trading opportunity on CBS Corp is a Bull Put Spread using a strike $65.00 short put and a strike $55.00 long put offers a potential 11.11% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $9.00 would be incurred if the stock dropped below the $55.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for CBS Corp 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 CBS Corp is bullish.
The RSI indicator is at 54.59 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 CBS Corp
A March Madness ETF Play
Wed, 19 Mar 2014 12:00:50 GMT
How Much Is an NCAA Basketball Tournament Bid Worth?
Wed, 19 Mar 2014 11:41:56 GMT
An IPO for Billboards: 19th Century Tech, Premium Price
Wed, 19 Mar 2014 09:52:52 GMT
U.S. Television Prime-Time Ratings for Week Ended March 16
Tue, 18 Mar 2014 21:23:25 GMT
U.S. Cable Television Ratings for the Week Ended March 16
Tue, 18 Mar 2014 20:07:04 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook