Time Warner Cable's most recent trend suggests a bullish bias. One trading opportunity on Time Warner Cable is a Bull Put Spread using a strike $210.00 short put and a strike $195.00 long put offers a potential 5.63% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $210.00 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $14.20 would be incurred if the stock dropped below the $195.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Time Warner Cable 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 Time Warner Cable is bullish.
The RSI indicator is at 63.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Time Warner Cable
Telecom Stock Roundup: American Tower Posts Strong Q1 while Charter Communications Disappoints, Sprint Posts a Mixed Bag
Thu, 05 May 2016 20:32:08 GMT
FCC backs Charter purchase of Time Warner Cable, Bright House – sources
Thu, 05 May 2016 17:12:51 GMT
FCC backs Charter purchase of Time Warner Cable, Bright House -sources
Thu, 05 May 2016 17:08:42 GMT
Reuters – A majority of the five-member U.S. Federal Communications Commission has voted to approve Charter Communications Inc's acquisitions of Time Warner Cable Inc and Bright House Networks, two sources briefed on the matter said on Thursday. The deals, which would create the second-largest U.S. broadband provider and third-largest video provider, won the backing of FCC Commissioners Jessica Rosenworcel and Michael O'Rielly this week, the sources said on condition of anonymity. FCC Chairman Tom Wheeler had already voted to approve them.
Charter-TWC Deal Said to Win Enough Votes to Clear U.S. FCC
Thu, 05 May 2016 16:30:19 GMT
Cramer: Cord cutting? No way! Old media is not dead
Wed, 04 May 2016 22:15:00 GMT
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