CBS Corp's most recent trend suggests a bearish bias. One trading opportunity on CBS Corp is a Bear Call Spread using a strike $54.50 short call and a strike $59.50 long call offers a potential 6.16% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $54.50 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock rose above the $59.50 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 52.6 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
ESPN scores big in ratings game against broadcast last week
Thu, 08 Jan 2015 18:57:53 GMT
Fuseproject Founder on the Future of the Smart Home
Thu, 08 Jan 2015 17:48:01 GMT
U.S. Television Prime-Time Ratings for Week Ended Jan. 4
Thu, 08 Jan 2015 16:38:33 GMT
U.S. Cable Television Ratings for the Week Ended Jan. 4
Thu, 08 Jan 2015 16:28:40 GMT
U.S. Broadcast Television Ratings for the Week Ended Jan. 4
Thu, 08 Jan 2015 16:18:47 GMT
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