IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $146.00 short call and a strike $152.50 long call offers a potential 10.92% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $146.00 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $5.86 would be incurred if the stock rose above the $152.50 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 below 20 which suggests that the stock is in oversold territory.
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
How these retail investors are playing the market
Mon, 31 Jul 2017 19:46:00 +0000
Demond Hicks, manager at RLJ Lodging Trust, and Trevor Gormley, The Millennial View founder, discuss how they're playing the market as retail investors.
Behind IBM’s Storage Hardware Growth in 2Q17
Mon, 31 Jul 2017 14:36:13 +0000
Although IBM's Systems segment revenue fell more than other segments in 2Q17, the storage hardware business appears to have emerged as a silver lining.
IBM Security takes us on a tour of the Dark Web
Mon, 31 Jul 2017 13:59:32 +0000
As the Dark Web becomes easier to access and use, cybercrime continues to rapidly grow.
The Zacks Analyst Blog Highlights: Amazon, Microsoft, Alphabet and International Business Machines
Mon, 31 Jul 2017 13:56:01 +0000
The Zacks Analyst Blog Highlights: Amazon, Microsoft, Alphabet and International Business Machines
IBM Is Banking on This to Speed up Strategic Imperatives Growth
Mon, 31 Jul 2017 13:06:28 +0000
IBM claims that its z14 can process up to 12 billion encrypted transactions in a single day.
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