Caterpillar (CAT) Offering Possible 32.98% Return Over the Next 15 Calendar Days

Caterpillar’s most recent trend suggests a bullish bias. One trading opportunity on Caterpillar is a Bull Put Spread using a strike $146.00 short put and a strike $141.00 long put offers a potential 32.98% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $146.00 by expiration. The full premium credit of $1.24 would be kept by the premium seller. The risk of $3.76 would be incurred if the stock dropped below the $141.00 long put strike price.

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

The RSI indicator is at 42.24 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Caterpillar

Want to Invest in Emerging Markets? Here’s How to With European, Japanese Stocks.
Mon, 07 Sep 2020 10:00:00 +0000
With hefty amounts of stimulus in Europe to deal with the pandemic, China’s economy beginning to recover, and a weaker dollar, foreign markets are becoming more attractive to U.S. investors. For those looking to dip their toes into emerging markets but not get caught in escalating U.S.-China tensions, one option is investing in European and Japanese companies that get a large share of their sales from emerging markets. Investing in developed markets and global companies—think (NKE) (ticker: NKE) or (CAT) (CAT)—had long been a popular strategy to invest in emerging markets.

Dow’s nearly 200-point climb led by gains in shares of American Express, JPMorgan Chase
Fri, 04 Sep 2020 13:45:00 +0000
DOW UPDATE The Dow Jones Industrial Average is climbing Friday morning with shares of American Express and JPMorgan Chase seeing positive growth for the index. Shares of American Express (AXP) and JPMorgan Chase (JPM) are contributing to the index’s intraday rally, as the Dow (DJIA) was most recently trading 196 points (0.

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Fri, 04 Sep 2020 13:33:01 +0000
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Caterpillar (CAT) Stock Moves -1.68%: What You Should Know
Thu, 03 Sep 2020 21:45:09 +0000
Caterpillar (CAT) closed at $146.76 in the latest trading session, marking a -1.68% move from the prior day.

Cross-Sector: Market Data Highlights
Thu, 03 Sep 2020 16:09:07 +0000

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