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 $50.00 long put offers a potential 8.7% return on risk over the next 11 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 $0.80 would be kept by the premium seller. The risk of $9.20 would be incurred if the stock dropped below the $50.00 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 50.5 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
Bulls ready to reach new highs; caution on rally
Tue, 11 Feb 2014 23:36:56 GMT
CBS CORPORATION PRESIDENT AND CHIEF EXECUTIVE OFFICER LESLIE MOONVES TO PARTICIPATE IN THE MORGAN STANLEY TECHNOLOGY, MEDIA & TELECOM CONFERENCE
Tue, 11 Feb 2014 21:54:21 GMT
noodls – CBS Corporation (NYSE: CBS and CBS.A) announced that Leslie Moonves, President and Chief Executive Officer, will participate in a question-and-answer session at the Morgan Stanley Technology, Media & Telecom …
AMC’s The Walking Dead Finally Got These 3 Things Right
Tue, 11 Feb 2014 21:38:28 GMT
U.S. Television Prime-Time Ratings for Week Ended Feb. 9
Tue, 11 Feb 2014 21:19:07 GMT
U.S. Broadcast Television Ratings for the Week Ended Feb. 9
Tue, 11 Feb 2014 21:16:05 GMT
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