CBS Corp's most recent trend suggests a bullish bias. One trading opportunity on CBS Corp is a Bull Put Spread using a strike $60.00 short put and a strike $50.00 long put offers a potential 11.11% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $9.00 would be incurred if the stock dropped below the $50.00 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 53.24 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
12:01 pm CBS and Hulu Plus expand licensing deal for library content on Hulu Plus, terms not disclosed
Mon, 10 Feb 2014 23:40:29 GMT
Olympics Draws 26 Million Viewers, Even as Its TV Competitors Also Thrive
Mon, 10 Feb 2014 21:36:02 GMT
CBS (CBS) Expands Licensing Deal With Hulu
Mon, 10 Feb 2014 20:41:00 GMT
Advertising Revenues Will Drive CBS' Q4 Earnings
Mon, 10 Feb 2014 18:52:00 GMT
CBS CORPORATION AND HULU PLUS EXPAND LICENSING DEAL FOR LIBRARY CONTENT ON HULU PLUS
Mon, 10 Feb 2014 17:59:12 GMT
noodls – Includes Top Titles “Ghost Whisperer,” “United States of Tara,” and “Everybody Loves Raymond” LOS ANGELES – Feb. 10, 2014 – CBS Corporation (NYSE: CBS.A and CBS) and Hulu …
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