CBS Corp's most recent trend suggests a bullish bias. One trading opportunity on CBS Corp is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 23.46% 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 $60.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 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 51.2 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
Aereo’s in a Catch-22 when it comes to cable, rules are rigged against internet TV
Sat, 19 Jul 2014 17:30:27 GMT
Baseball's All-Star Week Shouldn't Be This Boring
Sat, 19 Jul 2014 12:00:00 GMT
Murdoch is pouncing on Time Warner while rivals are distracted
Fri, 18 Jul 2014 21:41:32 GMT
Why Moonves' CBS Wants to Buy CNN
Fri, 18 Jul 2014 20:50:22 GMT
Bloomberg’s Erlichman Says CBS Interested in Buying CNN (Audio)
Fri, 18 Jul 2014 20:00:59 GMT
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