CBS Corp (CBS) Offering Possible 18.2% Return Over the Next 17 Calendar Days

CBS Corp's most recent trend suggests a bearish bias. One trading opportunity on CBS Corp is a Bear Call Spread using a strike $44.50 short call and a strike $49.50 long call offers a potential 18.2% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $44.50 by expiration. The full premium credit of $0.77 would be kept by the premium seller. The risk of $4.23 would be incurred if the stock rose above the $49.50 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for CBS Corp is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for CBS Corp is bearish.

The RSI indicator is below 20 which suggests that the stock is in oversold territory.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for CBS Corp

El-Erian, Like Trump, Says Fed Would Benefit From ‘Better Feel’
Sun, 30 Dec 2018 18:11:59 +0000
“Even the Fed is understanding that it needs to communicate better,” El-Erian said in an interview on “Fox News Sunday.” It needs to “show that it is more sensitive to markets and what’s happening outside,” or what President Donald Trump has called getting “a better feel for what’s going on,” El-Erian said. Trump’s frequent criticism of Fed policy is “certainly unusual,” El-Erian said, adding that the independence of the central bank is important to economic stability, as well as to economic growth. Bloomberg News reported this month that Trump had discussed with aides the idea of firing Fed Chairman Jerome Powell after the Fed’s latest rate hike, the fourth of 2018 and the ninth since the bank began raising rates from near zero three years ago amid a strengthening economy.

Dow erases 600-point loss, closes 260 points higher
Thu, 27 Dec 2018 21:00:19 +0000
U.S. equities returned to the red after posting their best session for the day after Christmas ever on Wednesday.

U.S. Team to Visit China for Trade Talks in Early January, Sources Say
Thu, 27 Dec 2018 08:03:17 +0000
Deputy U.S. Trade Representative Jeffrey Gerrish will lead the Trump administration’s team, which will also include Treasury Under Secretary for International Affairs David Malpass, according to the people, who spoke on the condition of anonymity. Chinese Ministry of Commerce spokesman Gao Feng confirmed that the two sides planned to sit down for talks next month, although he didn’t provide a date for the meeting during his regular briefing in Beijing on Thursday.

Who Could Be CBS’s Next CEO?
Mon, 24 Dec 2018 15:30:02 +0000
CBS (CBS) is running a broad search for a replacement for former CEO Leslie Moonves. The company’s board has retained an executive search company to help with the hunt for the next CEO. The board is considering internal and external candidates, the Wall Street Journal has reported.

What’s Next after CBS Acts on Moonves?
Fri, 21 Dec 2018 18:14:03 +0000
CBS Corporation (CBS) won’t pay its former CEO Leslie Moonves any of his $120 million severance package. Moonves stepped down in September to pave the way for an investigation after he was accused of sexual misconduct.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.