CSX Corp's most recent trend suggests a bullish bias. One trading opportunity on CSX Corp is a Bull Put Spread using a strike $32.50 short put and a strike $27.50 long put offers a potential 6.38% 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 $32.50 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 $27.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for CSX 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 CSX Corp is bullish.
The RSI indicator is at 64.97 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CSX Corp
CSX CORP Financials
Wed, 22 Oct 2014 17:04:08 GMT
The Market Thorns, Roses, and All Time Highs…
Tue, 21 Oct 2014 21:42:10 GMT
Canadian Pacific, CSX Terminate Merger Talks
Tue, 21 Oct 2014 21:25:03 GMT
Canadian Pacific CEO says rail deal possible
Tue, 21 Oct 2014 20:46:59 GMT
Rail boss says worst ever gridlock looms
Tue, 21 Oct 2014 20:37:49 GMT
Financial Times – North America's rail industry cannot continue on its current path and avoid unprecedented gridlock, Hunter Harrison, Canadian Pacific chief executive, warned on Tuesday, after abandoning talks over a potential …
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