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 $185.00 long put offers a potential 23.76% return on risk over the next 24 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 $0.96 would be kept by the premium seller. The risk of $4.04 would be incurred if the stock dropped below the $185.00 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 66.11 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
Can Apple Optimism Spread Through Tech Industry?
Thu, 24 Jul 2014 11:54:40 GMT
Facebook beats Wall Street targets, stock hits record high
Thu, 24 Jul 2014 00:34:45 GMT
Reuters – Facebook Inc's (FB.O) fast-growing mobile advertising business helped drive a 61 percent increase in revenue during the second quarter, beating Wall Street's financial targets and sending shares to a record-high in after-hours trading on Wednesday. Facebook now counts 1.5 million advertising customers and the company's ad business saw strong growth across all of its geographic regions, Chief Operating Officer Sheryl Sandberg told Reuters in an interview on Wednesday. Investors bid up shares of Facebook roughly 5 percent to $75.13 in after-hours trading on Wednesday, giving the Internet company a roughly $190 billion valuation, putting it on par with IBM Corp (IBM.N). “It might be more expensive from a market cap perspective, but I don’t think anyone was expecting this level of profitability,” JMP Securities analyst Ronald Josey said.
What Does the Apple-IBM Partnership Mean for Investors?
Wed, 23 Jul 2014 21:32:19 GMT
Motley Fool – Enterprise deal could boost sales of iPhones and iPads and help IBM overcome its revenue problem. Where is Google in all this?
Bill Nussey Navigates Silverpop's Future With IBM
Wed, 23 Jul 2014 21:07:00 GMT
Forbes – A Series of Forbes Insights Profiles of Thought Leaders Changing the Business Landscape: Bill Nussey, CEO Silverpop… Bill Nussey started his first software company at age 15. Now, he’s CEO of Silverpop, an Atlanta-based digital marketing company that was just acquired by IBM. Silverpop’s cloud-based platform gives marketers insights into their customers […]
New challenges enterprises must meet with Hadoop
Wed, 23 Jul 2014 20:26:58 GMT
paidContent.org – As Hadoop moves towards establishing itself as a key data management platform for the enterprise, there is a new set of challenges it must meet to be regarded as a true contender in the field.
Related Posts
Also on Market Tamer…
Follow Us on Facebook