IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $160.00 short put and a strike $155.00 long put offers a potential 18.2% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $160.00 by expiration. The full premium credit of $0.77 would be kept by the premium seller. The risk of $4.23 would be incurred if the stock dropped below the $155.00 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 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
IBM and Tencent Cloud Partner to Transform Industries with Cloud
Fri, 31 Oct 2014 07:40:00 GMT
PR Newswire – HAINAN, China, Oct. 31, 2014 /PRNewswire/ — Today, IBM (NYSE: IBM) and Tencent Cloud signed a business cooperation memorandum to collaborate on providing public cloud with Software-as-a-Service solutions for industries. This will enable these industries to utilize mobile, cloud computing and big data tools to transform internal processes and operations, thus achieving cloud transformation in the era of mobility. As part of this milestone collaboration, Tencent Cloud and IBM will jointly promote industry innovation and gain from each company's resources and global capacity to benefit enterprise customers. Tencent Holdings Limited (“Tencent”, SEHK: 00700) is a leading provider of comprehensive Internet services in China. Tencent Cloud is a strategic platform of Tencent with profound acumen in cloud computing based on its powerful infrastructure as well as many years' experience in the massive Internet services business. Tencent cloud provides enterprises and developers access to a complete cloud solution with cloud service, cloud data and cloud operations.
[$$] Tencent, IBM Team Up on Services for Businesses
Fri, 31 Oct 2014 07:03:05 GMT
The Wall Street Journal – Internet giant Tencent Holdings is getting help from International Business Machines to attract business customers, as the Chinese company diversifies its offerings beyond games and online communication….
10-Q for International Business Machines Corp.
Fri, 31 Oct 2014 00:08:29 GMT
Indiana's high court hears IBM welfare case
Thu, 30 Oct 2014 19:35:07 GMT
Indiana's high court hears IBM welfare case
Thu, 30 Oct 2014 19:35:07 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook