IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $144.00 short put and a strike $139.00 long put offers a potential 43.27% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $144.00 by expiration. The full premium credit of $1.51 would be kept by the premium seller. The risk of $3.49 would be incurred if the stock dropped below the $139.00 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 74.67 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
IBM unveils 2-nanometer chip technology for faster computing
Thu, 06 May 2021 10:10:06 +0000
For decades, each generation of computer chips got faster and more power-efficient because their most basic building blocks, called transistors, got smaller. The pace of those improvements has slowed, but International Business Machines Corp on Thursday said that silicon has at least one more generational advance in store. IBM introduced what it says is the world's first 2-nanonmeter chipmaking technology.
IBM Unveils World's First 2 Nanometer Chip Technology, Opening a New Frontier for Semiconductors
Thu, 06 May 2021 10:00:00 +0000
IBM (NYSE: IBM) today unveiled a breakthrough in semiconductor design and process with the development of the world's first chip announced with 2 nanometer (nm) nanosheet technology. Semiconductors play critical roles in everything from computing, to appliances, to communication devices, transportation systems, and critical infrastructure.
10 Best Software Stocks to Buy According to Billionaire Paul Tudor Jones
Wed, 05 May 2021 14:11:20 +0000
In this article we will take a look at the 10 best software stocks to buy according to billionaire Paul Tudor Jones. You can skip our detailed Paul Tudor Jones’ history, investment philosophy, and hedge fund performance, and go directly to the 5 Best Software Stocks to Buy According to Billionaire Paul Tudor Jones. In […]
IBM Helps Customers Adopt a Zero Trust Approach to Security
Wed, 05 May 2021 04:01:00 +0000
IBM (NYSE: IBM) Security today introduced a new Software as a Service (SaaS) version of IBM Cloud Pak for Security, designed to simplify how organizations deploy a zero trust architecture across the enterprise. The company also announced an alliance partnership with leading cloud and network security provider, Zscaler, and new blueprints for common zero trust use cases.
Was The Smart Money Right About International Business Machines Corp. (IBM)?
Tue, 04 May 2021 20:02:59 +0000
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 887 world-class investment firms that we track and now have access to the collective wisdom contained in […]
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