IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $185.00 short put and a strike $175.00 long put offers a potential 10.38% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $185.00 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 $175.00 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 51.12 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 CEO says company's growth in China slowed by hardware, reform
Wed, 14 May 2014 12:58:52 GMT
theflyonthewall.com – IBM CEO says company's growth in China slowed by hardware, reform
IBM CEO sees remaining leader in high-end, high-performance systems and storage
Wed, 14 May 2014 12:57:49 GMT
theflyonthewall.com – IBM CEO sees remaining leader in high-end, high-performance systems and storage
IBM repeats outlook for FY15 EPS ‘at least' $20, consensus $19.81
Wed, 14 May 2014 12:50:32 GMT
theflyonthewall.com – IBM repeats outlook for FY15 EPS ‘at least' $20, consensus $19.81
IBM sees Hardware profit flat in 2014 compared to prior year
Wed, 14 May 2014 12:49:27 GMT
theflyonthewall.com – IBM sees Hardware profit flat in 2014 compared to prior year
IBM CEO says investing to lead industry shift
Wed, 14 May 2014 12:41:46 GMT
theflyonthewall.com – IBM CEO says investing to lead industry shift
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