IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $177.50 short call and a strike $182.50 long call offers a potential 30.21% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $177.50 by expiration. The full premium credit of $1.16 would be kept by the premium seller. The risk of $3.84 would be incurred if the stock rose above the $182.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for IBM is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for IBM is bearish.
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
Full Show: Bloomberg Daybreak: Americas (03/21)
Wed, 22 Mar 2017 09:26:54 GMT
Bloomberg – Bloomberg Daybreak: Americas hosted by Jonathan Ferro and Alix Steel. Guests include Ron Klain, general counsel at Revolution Partners, and Arne Sorenson, president and chief executive officer at Marriott …
3 Great Stocks to Buy Instead of NVIDIA
Wed, 22 Mar 2017 01:45:00 GMT
Full Show: Bloomberg Technology (03/21)
Tue, 21 Mar 2017 23:59:54 GMT
Bloomberg – Guests include: IBM CEO Ginni Rometty, Salesforce CEO Marc Benioff, IBM GM Harriet Green and IBM Senior VP Arvind Krishna. (Source: Bloomberg)
Why IBM Is Investing in Blockchain Technology
Tue, 21 Mar 2017 23:22:47 GMT
Why IBM Is Investing in Blockchain Technology
Tue, 21 Mar 2017 23:22:39 GMT
Bloomberg – Arvind Krishna, IBM senior VP of hybrid cloud, sits down with Bloomberg's Caroline Hyde at IBM InterConnect 2017 to discuss IBM's new blockchain service. (Source: Bloomberg)
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