CBS Corp's most recent trend suggests a bearish bias. One trading opportunity on CBS Corp is a Bear Call Spread using a strike $60.00 short call and a strike $70.00 long call offers a potential 7.53% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $60.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $9.30 would be incurred if the stock rose above the $70.00 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 24.65 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
Address by Obama Drew Fewest Viewers Since 2000
Thu, 30 Jan 2014 00:14:50 GMT
1:04 pm CBS and Amazon (AMZN) announce extension of content licensing agreement, terms not disclosed
Wed, 29 Jan 2014 21:57:30 GMT
CBS CORPORATION ANNOUNCES QUARTERLY DIVIDEND
Wed, 29 Jan 2014 20:28:40 GMT
noodls – CBS Corporation (NYSE: CBS.A and CBS) announced today that its Board of Directors has approved a quarterly dividend on the Company's stock of $.12 per share. The dividend is payable on April 1, 2014, to …
CBS Corporation Announces Quarterly Dividend
Wed, 29 Jan 2014 20:19:00 GMT
PR Newswire – NEW YORK, Jan. 29, 2014 /PRNewswire/ — CBS Corporation (NYSE: CBS.A and CBS) announced today that its Board of Directors has approved a quarterly dividend on the Company's stock of $.12 per share. The …
CBS, Amazon.com extend content licensing agreement
Wed, 29 Jan 2014 18:02:53 GMT
theflyonthewall.com – CBS (CBS) and Amazon.com (AMZN) announced an expansion and extension of their content licensing agreement to continue to bring TV shows from CBS Television Distribution and Showtime Networks to Amazon's …
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