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Caterpillar Stock Today: This Bear Call Spread Could Earn A 23% Return By Mid-April
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Let's look at a bearish play on Dow Jones Industrial Average component Caterpillar with a bear call spread trade in the options of Caterpillar stock. The stock market rally on Friday provided investors with some relief, but that may be short-lived as stocks remain under serious selling pressure. When a stock trades below a declining moving average, the moving average can provide potential resistance on any bounce attempt.
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