IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 16.41% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $1.41 would be kept by the premium seller. The risk of $8.59 would be incurred if the stock dropped below the $105.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for IBM 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 IBM is bullish.
The RSI indicator is at 76.43 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
This Could Be an Important Earnings Report for IBM
Thu, 17 Jan 2019 03:15:00 +0000
After troubling third-quarter results and a big acquisition, the tech giant has a lot to prove.
[$$] WeWork’s CEO Makes Millions as Landlord to WeWork
Thu, 17 Jan 2019 01:30:57 +0000
For more than two months after employees at International Business Machines Corp. moved into a Manhattan building managed by office-space giant WeWork Cos., frequent elevator problems forced workers to climb the stairs of the 11-story building and prompted complaints to the company. One of the landlords behind the building was no ordinary owner: It was Adam Neumann, WeWork’s chief executive, who leased the property to WeWork after buying it, according to people familiar with the situation. Mr. Neumann has made millions of dollars by leasing multiple properties in which he has an ownership stake back to WeWork, one of the country’s most valuable startups.
IBM Brings Blockchain Technology to Cobalt Mining
Wed, 16 Jan 2019 20:30:00 +0000
A new pilot program looks to bring much-needed transparency to the cobalt industry.
99% of Red Hat shareholders: We want blue — Big Blue
Wed, 16 Jan 2019 20:00:00 +0000
Red Hat shareholders have approved the company’s proposed $34 billion buyout by IBM. With more than 141 million votes for the proposal – as opposed to nearly 182,000 against it – shareholders approved the deal at a special stockholder meeting Wednesday.
Will Azure Help Microsoft Consolidate Its Hybrid Cloud Position?
Wed, 16 Jan 2019 19:27:10 +0000
Will Azure Help Microsoft Consolidate Its Hybrid Cloud Position?Azure, the central theme to hybrid cloud strategy Recently, Microsoft (MSFT) explained how the hybrid cloud, AI, and IoT (Internet of Things) are interconnected, complementing each
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