IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $123.00 short put and a strike $118.00 long put offers a potential 31.93% 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 $123.00 by expiration. The full premium credit of $1.21 would be kept by the premium seller. The risk of $3.79 would be incurred if the stock dropped below the $118.00 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 31.53 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
6:01 am IBM to acquire Aperto; terms not disclosed
Tue, 02 Feb 2016 11:01:00 GMT
IBM Signs Agreement to Acquire Aperto to Meet Growing Client Need for Digital Transformation
Tue, 02 Feb 2016 11:00:00 GMT
PR Newswire – ARMONK, N.Y., Feb. 2, 2016 /PRNewswire/ — IBM (NYSE: IBM ) today announced it has signed a definitive agreement to acquire Aperto – a digital agency with headquarters in Berlin. Upon completion of this …
IBM Watson Ecosystem Opens for Business in India
Tue, 02 Feb 2016 09:01:01 GMT
noodls – BANGALORE, INDIA – 02 Feb 2016: IBM (NYSE: IBM) today announced InspireOne Technologies and TEXTIENT as the first two India-based partners to join the IBM Watson Ecosystem. The companies will begin developing …
IBM Watson Ecosystem Opens for Business in India
Tue, 02 Feb 2016 08:30:00 GMT
PR Newswire – BANGALORE, India, Feb. 2, 2016 /PRNewswire/ — IBM (NYSE: IBM) today announced InspireOne Technologies and TEXTIENT as the first two India-based partners to join the IBM Watson Ecosystem. The companies will begin developing cognitive computing solutions in the region. InspireOne Technologies is using IBM Watson cognitive APIs in its professional development app to empower employees to develop their leadership skills, and TEXTIENT is a marketing insights platform tapping Watson to develop real-time brand perception reports.
[$$] When It Comes to Tech Services, ‘Cloud’ Can Be a Nebulous Term
Tue, 02 Feb 2016 06:38:28 GMT
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