IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $187.50 short put and a strike $182.50 long put offers a potential 14.42% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $187.50 by expiration. The full premium credit of $0.63 would be kept by the premium seller. The risk of $4.37 would be incurred if the stock dropped below the $182.50 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 65.98 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
ICBC deal shows U.S. tech giant IBM still engaged in China
Tue, 26 Aug 2014 12:07:55 GMT
Reuters – By Gerry Shih BEIJING (Reuters) – Industrial and Commercial Bank of China (ICBC) has deployed a new IBM (IBM.N) mainframe computer system, the two companies said on Tuesday, boosting the U.S. technology …
ICBC deal shows U.S. tech giant IBM still engaged in China
Tue, 26 Aug 2014 12:07:55 GMT
Korea's Davich Optical Looks to IBM Cloud to Expand Global Business
Tue, 26 Aug 2014 12:00:00 GMT
PR Newswire – SEOUL, South Korea, Aug. 26, 2014 /PRNewswire/ — IBM (NYSE: IBM ) today announced that Davich Optical Chain Store, the largest eyewear retail chain in Korea, has adopted IBM cloud to expand its operations …
IBM Has Seen Undue Pessimism Keeping It From Old Tech Rally
Tue, 26 Aug 2014 12:00:00 GMT
TheStreet – Wall Street is paralyzed by fears of competition, but Warren Buffett keeps buying. If the paranoia passes IBM could be another old tech name with a new shine.
ICBC, IBM deal shows US tech giant still engaged in China
Tue, 26 Aug 2014 10:07:29 GMT
Reuters – Industrial and Commercial Bank of China (ICBC) has deployed a new IBM mainframe computer system that reduces downtime and will continue to buy equipment from IBM, the two companies said Tuesday. IBM's joint announcement with ICBC, the world's largest bank by market capitalization, is an effort to signal IBM's ongoing business with China's state-owned banks and comes several months after widely circulated media reports suggested China's central government had ordered banks to remove IBM equipment due to cybersecurity concerns. Seeking to recover from the public relations hit, IBM has announced in recent weeks a string of deals in China to assure investors of its future in the market as well as salvage its reputation with potential Chinese buyers. In a statement released only in Chinese, ICBC chief technology officer Lin Xiaoxuan said ICBC “beginning 30 years ago was the first bank in mainland China to introduce IBM mainframes, which have since played an important role in our IT operations.
Related Posts
Also on Market Tamer…
Follow Us on Facebook