CBS Corp’s most recent trend suggests a bullish bias. One trading opportunity on CBS Corp is a Bull Put Spread using a strike $55.00 short put and a strike $45.00 long put offers a potential 2.56% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $9.75 would be incurred if the stock dropped below the $45.00 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 68.23 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
Sued Over Pay, Condé Nast Ends Internship Program
Thu, 24 Oct 2013 02:27:28 GMT
New York Times – The publisher took the action after two former interns sued, complaining they had been paid below minimum wage for summer jobs at W Magazine and The New Yorker.
TVGN (TV Guide Network) Invites Viewers to Celebrate the Holidays in Nashville Style with John Rich and Friends in a Primetime Television Event Premiering Monday, November 25 at 8:00 PM ET/PT
Wed, 23 Oct 2013 19:38:00 GMT
Business Wire – The rambunctious, party-loving country music sensation John Rich (2011 winner of “Celebrity Apprentice,” judge on “Nashville Star” and one half of country’s rockin’ duo, Big &
First Week of CBS June 2014 Options Trading
Wed, 23 Oct 2013 14:43:00 GMT
Which Public Media Cos. Are Most Tightly Controlled By Insiders? The New York Times, Media General And CBS
Wed, 23 Oct 2013 09:03:00 GMT
Showtime renews Emmy-winning ‘Homeland’ for fourth season
Tue, 22 Oct 2013 22:46:35 GMT
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