IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $147.00 short call and a strike $152.50 long call offers a potential 13.4% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $147.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.85 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 at 21.3 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
Bathroom Bill Signals Widening GOP Rift in Texas
Fri, 28 Jul 2017 06:02:16 +0000
A bill that would restrict bathroom use for transgender people is taking center stage in Texas, putting on full display the chasm between the moderate and conservative factions of the GOP.
How IBM’s Strategic Imperatives Lost Its Sheen in Fiscal 2Q17
Thu, 27 Jul 2017 21:06:09 +0000
IBM's Strategic Imperatives segment revenues rose 7% on a constant currency basis to $8.8 billion in 2Q17.
Could IBM Stock’s Downward Journey Continue in 2017?
Thu, 27 Jul 2017 19:36:16 +0000
IBM stock has fallen more than 19% since reaching $182.79 in mid-February 2017.
Why IBM’s Stock Just Fell to a 52-Week Low
Thu, 27 Jul 2017 18:00:42 +0000
IBM stock fell more than 4% on July 18, 2017, after the announcement of its fiscal 2Q17 results.
U.S. Drops Multi-Country Bribery Probe of IBM
Thu, 27 Jul 2017 15:16:09 +0000
U.S. authorities closed their foreign bribery investigation of International Business Machines Corp. without filing charges, the company said.
Related Posts
Also on Market Tamer…
Follow Us on Facebook