IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $190.00 short put and a strike $180.00 long put offers a potential 10.38% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $190.00 by expiration. The full premium credit of $0.94 would be kept by the premium seller. The risk of $9.06 would be incurred if the stock dropped below the $180.00 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 53.57 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
INTERNATIONAL BUSINESS MACHINES CORP Files SEC form 10-Q, Quarterly Report
Tue, 29 Apr 2014 19:12:54 GMT
What's Driving the Dow Higher Today? IBM's Dividend Boost!
Tue, 29 Apr 2014 18:02:28 GMT
Motley Fool – IBM is adding more points to the Dow today than any other company. Accelerating dividend boosts will do that every time.
HP Gets 1st Positive Report From Analyst In 10 Years
Tue, 29 Apr 2014 16:41:00 GMT
IBM: The Best Dividend Growth Stock In Tech
Tue, 29 Apr 2014 15:55:32 GMT
IBM Needs More Than Buybacks for EPS Growth
Tue, 29 Apr 2014 15:46:10 GMT
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