CBS Corp's most recent trend suggests a bullish bias. One trading opportunity on CBS Corp is a Bull Put Spread using a strike $54.00 short put and a strike $49.00 long put offers a potential 8.46% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $54.00 by expiration. The full premium credit of $0.39 would be kept by the premium seller. The risk of $4.61 would be incurred if the stock dropped below the $49.00 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 53.65 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
Closure of Offer
Thu, 07 Apr 2016 03:35:07 GMT
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