IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $139.00 short put and a strike $134.00 long put offers a potential 22.55% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $139.00 by expiration. The full premium credit of $0.92 would be kept by the premium seller. The risk of $4.08 would be incurred if the stock dropped below the $134.00 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 68.33 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 Board Paid Itself $4.9 Million
Fri, 11 Mar 2016 11:29:55 GMT
24/7 Wall St. – IBM's board of directors not only paid its failing CEO Ginni Rometty almost $20 million in 2015. They paid themselves nearly $5 million for the same year.
VR Meets Roller Coasters and Other Groundbreaking Tech on the Latest BizWireTV
Fri, 11 Mar 2016 11:00:00 GMT
VR Meets Roller Coasters and Other Groundbreaking Tech on the Latest BizWireTV
Fri, 11 Mar 2016 11:00:00 GMT
Business Wire – From a roller coaster that lets you save earth from an alien invasion, to a startup that brings transparency to work pay and culture: the newest episode of BizWireTV features the latest breakthroughs in tech from the biggest brands.
‘Mad Money' Lightning Round: Buy Intel, Not Cheniere Energy
Fri, 11 Mar 2016 11:00:00 GMT
Indosat Ooredoo, Lintasarta and IBM to Collaborate on the Cloud to Drive Indonesian Digital Transformation
Fri, 11 Mar 2016 11:00:00 GMT
PR Newswire – JAKARTA, Indonesia and ARMONK, N.Y., March 11, 2016 /PRNewswire/ — Indosat Ooredoo, one of Indonesia's largest telecommunications and services provider, and IBM (NYSE: IBM) today announced they will develop and deliver solutions on the IBM Cloud to help businesses streamline processes and improve productivity. Indosat Ooredoo and IBM will build an integrated command center to serve local clients of both companies by monitoring and managing their operations and information technology, and building IT skills and capabilities in Indonesia. IBM will also help Indosat Ooredoo transform its own IT operations, improving overall client experience and supporting the rapid development of new telecommunications services in the country.
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