CBS Corp's most recent trend suggests a bullish bias. One trading opportunity on CBS Corp is a Bull Put Spread using a strike $50.00 short put and a strike $45.00 long put offers a potential 13.12% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock dropped below the $45.00 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 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 CBS Corp
Tiger Woods delivers Masters ratings win for CBS, blunted by early start
Tue, 16 Apr 2019 20:28:25 +0000
CBS Corp said on Tuesday that the broadcast of the Masters final round live coverage averaged 10.8 million viewers, making it the most-watched golf broadcast since last year's Masters final round. The final 18 holes, in which Tiger Woods came from behind to win his first major title in 11 years, was watched by 37.2 million viewers in total, up 41 percent from last year's live coverage. The victory led to an outpouring of praise from world leaders and U.S. President Donald Trump said he would award Tiger Woods the Presidential Medal of Freedom.
Will the Pricing of Disney+ Be Competitive?
Tue, 16 Apr 2019 16:15:02 +0000
Why Disney Stock Surged and Netflix Stock Tumbled on April 12(Continued from Prior Part)Disney’s streaming serviceThe Walt Disney Company’s (DIS) streaming service, Disney+, will launch in US (SPY) markets in November. The ad-free streaming
Can CBS and Viacom Make a Deal This Time?
Tue, 16 Apr 2019 13:45:02 +0000
Inside Media Companies' Transformation Efforts: DISCA, VIAB, CBS(Continued from Prior Part)Viacom averted potential revenue loss of $1.0 billionThe talks to combine CBS (CBS) and Viacom (VIAB) (VIA) could restart any time. The New York Post reported
Tiger Woods' victory in Masters a win for golf business
Mon, 15 Apr 2019 21:04:32 +0000
Tiger Woods' victory at the Masters golf tournament on Sunday, his first major victory since 2008, is expected to lift sales for sponsors, broadcasters and golf courses lucky enough to host a tournament with Woods playing. “Tiger sells golf,” says Eric Smallwood, president of Apex Marketing Group, Inc., a Michigan analytics firm. Apex found that Nike earned $22.5 million worth of brand exposure just from Woods’ final round, with Nike’s “Swoosh” logo splashed on his hat, shirt, pants and shoes.
CBS says former chief Moonves forfeited $34.5M in stock awards
Mon, 15 Apr 2019 13:45:36 +0000
Les Moonves, former CEO of CBS, forfeited nearly $35 million in stock awards in 2018, according to a CBS SEC filing.
Related Posts
Also on Market Tamer…
Follow Us on Facebook