CBS Corp's most recent trend suggests a bearish bias. One trading opportunity on CBS Corp is a Bear Call Spread using a strike $55.50 short call and a strike $60.50 long call offers a potential 19.05% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.50 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock rose above the $60.50 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for CBS Corp
Tuesday’s Notable Options Activity
Wed, 24 Sep 2014 12:31:55 GMT
Bulls look for CBS to revisit highs
Wed, 24 Sep 2014 10:14:02 GMT
What Esprit needs to do moving forward
Wed, 24 Sep 2014 03:17:00 GMT
U.S. Television Prime-Time Ratings for Week Ended Sept. 21
Tue, 23 Sep 2014 17:22:50 GMT
U.S. Cable Television Ratings for the Week Ended Sept. 21
Tue, 23 Sep 2014 17:11:38 GMT
Bloomberg – The following table lists the top 40 cable television shows for the week of 09/15/14 through 09/21/14. Programs are ranked by rating in descending order. RANK PROGRAM NAME NET RATING =============================================================== …
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