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 6.38% return on risk over the next 18 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 $0.30 would be kept by the premium seller. The risk of $4.70 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 54.56 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
Context is King: World Cup's Lessons for the Media Business
Wed, 02 Jul 2014 14:06:00 GMT
Forbes – Well, now that was a hell of a run, wasn’t it? The USMNT (U.S. Men’s National Team) gave it their all in a terrific soccer match with Belgium yesterday, and despite the loss we should all be proud. As for the overall World Cup, if anyone has any doubts, it is […]
CBS Exchange Offer – An Uncorrelated 7% Without Proration
Tue, 01 Jul 2014 19:55:35 GMT
U.S. Television Prime-Time Ratings for Week Ended June 29
Tue, 01 Jul 2014 18:01:29 GMT
U.S. Cable Television Ratings for the Week Ended June 29
Tue, 01 Jul 2014 17:51:21 GMT
U.S. Broadcast Television Ratings for the Week Ended June 29
Tue, 01 Jul 2014 17:38:11 GMT
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