CBS Corp's most recent trend suggests a bullish bias. One trading opportunity on CBS Corp is a Bull Put Spread using a strike $65.00 short put and a strike $55.00 long put offers a potential 16.28% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $1.40 would be kept by the premium seller. The risk of $8.60 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 77.44 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
Nielsen Pressed to Delay New Hybrid Metric Service
Thu, 20 Feb 2014 02:03:56 GMT
Comcast-TWC Merger Butt Slaps Content Kings
Wed, 19 Feb 2014 23:55:00 GMT
How to tackle the great American cable monopoly
Wed, 19 Feb 2014 18:47:12 GMT
Financial Times – What harm is there in merging Comcast, America's biggest cable company, with Time Warner Cable, the second biggest? The trouble is not that it would create a slothful monopoly where once there was energetic …
U.S. Television Prime-Time Ratings for Week Ended Feb. 16
Wed, 19 Feb 2014 17:37:05 GMT
U.S. Cable Television Ratings for the Week Ended Feb. 16
Wed, 19 Feb 2014 17:26:31 GMT
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