IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $138.00 short put and a strike $133.00 long put offers a potential 22.85% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $138.00 by expiration. The full premium credit of $0.93 would be kept by the premium seller. The risk of $4.07 would be incurred if the stock dropped below the $133.00 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 66.02 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
IBM Advances Hybrid Capabilities to China, Unveils Bluemix Local
Tue, 01 Dec 2015 10:09:08 GMT
noodls – BEIJING – 01 Dec 2015: IBM (NYSE: IBM) today announced it will expand the availability of IBM's hybrid cloud capabilities to China through the launch of Bluemix Local, its cloud computing platform that …
IBM Advances Hybrid Capabilities to China, Unveils Bluemix Local
Tue, 01 Dec 2015 10:00:00 GMT
PR Newswire – BEIJING , Dec. 1 2015 /PRNewswire/ — IBM (NYSE: IBM ) today announced it will expand the availability of IBM's hybrid cloud capabilities to China through the launch of Bluemix Local, its cloud computing …
[$$] Web Sales Hum, but With Smaller Orders
Tue, 01 Dec 2015 05:09:06 GMT
[$$] Web Sales Hum, but With Smaller Orders
Tue, 01 Dec 2015 01:37:09 GMT
The Wall Street Journal – The average amount Americans spent in some key product categories declined on Thanksgiving and Black Friday, as mobile shopping drove smaller orders, and aggressive discounts pushed down prices.
What Do Hedge Funds Think of International Business Machines Corp. (IBM)?
Tue, 01 Dec 2015 00:19:53 GMT
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