CBS Corp's most recent trend suggests a bearish bias. One trading opportunity on CBS Corp is a Bear Call Spread using a strike $52.50 short call and a strike $57.50 long call offers a potential 17.65% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.50 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock rose above the $57.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for CBS Corp is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for CBS Corp is bearish.
The RSI indicator is at 27.09 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
Netflix earnings: What to expect
Tue, 14 Oct 2014 21:26:09 GMT
Google's Schmidt watches Amazon most
Tue, 14 Oct 2014 13:15:00 GMT
Netflix crosses the pond
Mon, 13 Oct 2014 21:30:00 GMT
Why Sunday is TV's hottest night
Mon, 13 Oct 2014 15:27:00 GMT
Why Sunday is TV's hottest night
Mon, 13 Oct 2014 15:27:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook