IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $150.00 short put and a strike $145.00 long put offers a potential 11.61% 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 $150.00 by expiration. The full premium credit of $0.52 would be kept by the premium seller. The risk of $4.48 would be incurred if the stock dropped below the $145.00 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 62.02 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
3 Dividend Tech Stocks Betting on This $7 Trillion Industry
Fri, 03 Jun 2016 01:43:00 GMT
Cramer's battle of old vs new technology: Why the charts say you need both
Thu, 02 Jun 2016 23:14:13 GMT
CNBC – Jim Cramer goes off the charts to determine what old and new technology could add to a portfolio.
[$$] IBM, Cisco Team Up to Reap Data Flood
Thu, 02 Jun 2016 22:28:36 GMT
The Wall Street Journal – International Business Machines and Cisco Systems are teaming up to help customers harness a flood of data expected as devices of many kinds are upgraded with computing and communications capabilities….
Cramer: I wanted IBM to buy this company
Thu, 02 Jun 2016 22:06:44 GMT
CNBC – CNBC's Jim Cramer says he wanted IBM to buy this data analytics company, but Big Blue has missed its chance.
Why Is Flash Storage Growth Important for NetApp?
Thu, 02 Jun 2016 20:06:05 GMT
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