IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $177.50 short call and a strike $182.50 long call offers a potential 14.16% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $177.50 by expiration. The full premium credit of $0.62 would be kept by the premium seller. The risk of $4.38 would be incurred if the stock rose above the $182.50 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 71.86 level which suggests that the stock is neither overbought nor oversold at this time.
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IBM Closes Acquisition of Agile 3 Solutions
Fri, 03 Feb 2017 21:01:00 GMT
PR Newswire – CAMBRIDGE, Mass., Feb. 3, 2017 /PRNewswire/ — IBM (NYSE: IBM ) Security today announced it has completed the acquisition of Agile 3 Solutions. The software is used by the C-Suite and senior executives …
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