IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $147.00 short call and a strike $152.50 long call offers a potential 8.48% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $147.00 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $5.07 would be incurred if the stock rose above the $152.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for IBM 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 IBM is bearish.
The RSI indicator is at 20.59 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 IBM
SAB Holding Selects IBM Cloud to Accelerate its Mission-Critical Business Processes
Wed, 02 Aug 2017 10:00:00 +0000
SAB Holding deploys SAP® applications (S/4HANA) on the IBM Cloud to accelerate operations and leverage business data for better, faster decision-making JEDDAH, Saudi Arabia , Aug. 2, 2017 /PRNewswire/ …
Fintech Startup Juvo Raises $40 Million To Disrupt Telecom With Big Data
Tue, 01 Aug 2017 20:22:01 +0000
Big data is synonymous with massive firms like International Business Machines Corp. (NYSE: IBM ) or Amazon.com, Inc. (NASDAQ: AMZN ) crunching numbers to figure out the best way to crunch their competition. …
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Understanding IBM’s Partnership with Cisco
Tue, 01 Aug 2017 14:35:44 +0000
In 2Q17, IBM's offerings Resilient and QRadar saw increased adoption and reported growth.
How IBM’s Global Technology Services Performed in 2Q17
Tue, 01 Aug 2017 13:05:56 +0000
IBM's Global Technology Services segment contributed ~44% of the company's overall revenues in 2Q17, falling 5.1% to ~$8.41 billion.
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