CenturyLink's most recent trend suggests a bullish bias. One trading opportunity on CenturyLink is a Bull Put Spread using a strike $37.00 short put and a strike $32.00 long put offers a potential 6.38% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $37.00 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 $32.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for CenturyLink 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 CenturyLink is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for CenturyLink
CENTURYLINK, INC Financials
Fri, 16 May 2014 17:04:12 GMT
3 Uptrending Telecom Companies That Warren Buffett Didn't Buy
Fri, 16 May 2014 02:04:00 GMT
Forbes – New highs for telecom stocks even before the Buffett/Verizon news.
CenturyLink Tops Q1 Earnings (revised)
Thu, 15 May 2014 13:30:06 GMT
Zacks – CenturyLink Inc. (CTL) posted first-quarter 2014 adjusted earnings of 66 cents per share.
CenturyLink: Rewarding Shareholders Key Feature In Strengthening Bullish Case
Thu, 15 May 2014 09:26:32 GMT
Seeking Alpha – I reiterate my ‘bullish' stance on CenturyLink ( CTL ). The company recently reported solid financial results for 1Q14. In the recent first quarter, outstanding subscriber metrics and promising total revenue …
CenturyLink Is A Stock To Hold
Wed, 14 May 2014 19:46:36 GMT
Seeking Alpha – CenturyLink ( CTL ) reported a mixed bag of earnings for the first quarter of fiscal year 2014. CenturyLink's overall business revenues were $1.56 billion reflecting an improvement of 3.6% due to the growth …
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