CBS Corp's most recent trend suggests a bullish bias. One trading opportunity on CBS Corp is a Bull Put Spread using a strike $56.50 short put and a strike $51.50 long put offers a potential 28.21% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $56.50 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $3.90 would be incurred if the stock dropped below the $51.50 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 62.64 level which suggests that the stock is neither overbought nor oversold at this time.
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
Sling TV: Big Step for Cable-Cutters
Mon, 26 Jan 2015 19:15:50 GMT
The NFL Will Conclude Belichick And Brady Did Not Cheat
Sun, 25 Jan 2015 12:53:00 GMT
Peduto releases names of donors for ‘Undercover Boss' gifts
Fri, 23 Jan 2015 21:06:49 GMT
Why location-based technology is promising for Adobe
Fri, 23 Jan 2015 16:24:03 GMT
Dish ‘Skinny' TV Package Sends Content Firms Message
Thu, 22 Jan 2015 21:40:00 GMT
Also on Market Tamer…
Follow Us on Facebook