IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $190.00 short put and a strike $180.00 long put offers a potential 20.05% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $190.00 by expiration. The full premium credit of $1.67 would be kept by the premium seller. The risk of $8.33 would be incurred if the stock dropped below the $180.00 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 59.87 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
IBM Needs to Offer Investors More Than Safety
Wed, 16 Apr 2014 01:09:38 GMT
The Wall Street Journal – Ahead of the Tape: IBM's earnings, cash flow and dividend make its stock a popular haven, but the company faces challenges.
IBM Earnings To Be Curbed Amid Transition Toward Cloud Services
Wed, 16 Apr 2014 00:07:56 GMT
Stocks Reverse Higher; Intel, Yahoo Top Profit Views
Tue, 15 Apr 2014 21:03:00 GMT
Exclusive: Turmoil at Symantec luring activists, buyers – sources
Tue, 15 Apr 2014 20:34:32 GMT
5 Reasons to Be Bullish This April
Tue, 15 Apr 2014 18:53:38 GMT
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