IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $145.00 short call and a strike $150.00 long call offers a potential 7.99% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $145.00 by expiration. The full premium credit of $0.37 would be kept by the premium seller. The risk of $4.63 would be incurred if the stock rose above the $150.00 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 25.2 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
3 Days Left To Cash In On International Business Machines Corporation (NYSE:IBM) Dividend, Is It Worth Buying?
Sat, 05 May 2018 22:27:23 +0000
Have you been keeping an eye on International Business Machines Corporation’s (NYSE:IBM) upcoming dividend of $1.57 per share payable on the 09 June 2018? Then you only have 3 daysRead More…
9 Facts You Didn't Know About Blockchain
Sat, 05 May 2018 15:45:00 +0000
It's already improving scientific research, it's likely to revolutionize the shipping industry, and it could be used to digitally identify billions of people.
Will Apple Be A New Cash Cow For Berkshire Hathaway?
Sat, 05 May 2018 01:09:00 +0000
Apple has very little to show the world in terms of new products, other than new versions of iPhone, iPad, and MacBook, all developed by Steve Jobs.
How IBM is Helping Women Re-Enter the Tech Workplace
Fri, 04 May 2018 21:19:41 +0000
May.04 — On today's "Walk the Talk," IBM Vice-President of Talent Joanna Daly discusses the company's efforts to help women who are returning to the workforce after a mid-career absence with Bloomberg's Scarlet Fu on "What'd You Miss?"
Mario Gabelli on the best unknown stock picks
Fri, 04 May 2018 20:07:48 +0000
Gamco Investors CEO and Chairman Mario Gabelli explains why he thinks investors should consider buying into pet-food companies.
Related Posts
Also on Market Tamer…
Follow Us on Facebook