Caterpillar (CAT) Offering Possible 29.87% Return Over the Next 17 Calendar Days

Caterpillar’s most recent trend suggests a bearish bias. One trading opportunity on Caterpillar is a Bear Call Spread using a strike $140.00 short call and a strike $145.00 long call offers a potential 29.87% 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 $140.00 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $3.85 would be incurred if the stock rose above the $145.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Caterpillar 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 Caterpillar 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 Caterpillar

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Sun, 01 Jul 2018 22:19:20 +0000
Walgreens Boots Alliance, the newest Dow Jones stock, is the biggest Dow loser in 2018 so far. 3M, Procter & Gamble, Caterpillar and Goldman Sachs round out the top five Dow losers.

Caterpillar Has ‘Target on Its Back,’ Says Wellso
Fri, 29 Jun 2018 13:58:37 +0000
Jun.29 — Janus Henderson Director of Research Carmel Wellso discusses the outlook for crude oil and the impact of trade tensions on markets with Bloomberg’s Alix Steel and David Westin on “Bloomberg Daybreak: Americas.”

Yahoo Finance Live: Midday Movers – Jun 28th, 2018
Thu, 28 Jun 2018 13:40:00 +0000
Yahoo Finance’s LIVE stock market coverage and analysis.

Trade of the Day: Caterpillar (CAT)
Thu, 28 Jun 2018 13:11:25 +0000
To receive further updates on this Caterpillar (NYSE:CAT) trade as well as an alert when it’s time to take profits, sign up for a risk-free trial of SlingShot Trader today. Today, we are opening a new bearish trade on Caterpillar (NYSE:CAT). CAT has been caught in the crosshairs of the escalating trade tensions between the United States and China.

See what the IHS Markit Score report has to say about Caterpillar Inc.
Thu, 28 Jun 2018 12:00:20 +0000
Caterpillar Inc NYSE:CAT

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