IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $192.50 short put and a strike $187.50 long put offers a potential 34.05% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $192.50 by expiration. The full premium credit of $1.27 would be kept by the premium seller. The risk of $3.73 would be incurred if the stock dropped below the $187.50 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 65.39 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
9:03 am IBM to acquire Silverpop; financial terms not disclosed
Fri, 11 Apr 2014 13:03:00 GMT
Pressure to hit financials: Pro
Thu, 10 Apr 2014 19:51:00 GMT
Pisani's bull vs. bear persepctive
Thu, 10 Apr 2014 19:19:00 GMT
IBM buys Internet marketing firm Silverpop
Thu, 10 Apr 2014 18:47:01 GMT
IBM Helps Israeli Mobile Telco Adopt New Data Architecture for Growth
Thu, 10 Apr 2014 18:00:00 GMT
PR Newswire – ARMONK, N.Y., April 10, 2014 /PRNewswire/ — With 2.6 million mobile subscribers, Pelephone Communications Ltd., a leading Israeli telecommunications provider, has turned to IBM (NYSE: IBM) to help bring much-needed order, ease of use, and flexibility to its overstressed storage infrastructure. Pelephone, which had been relying on an aging EMC solution comprised of two Symmetrix DMX systems and one Symmetrix VMAX system (for a total of 16 frames), was concerned about scalability, central management, and rising energy consumption, all in the face of increasing competition. “The reality of today's mobile services provider is incredibly challenging, in large part due to major cellular industry reforms that cause fierce competition over price,” said Aharon Huberman, head of the IT division at Pelephone. What the company needed, Huberman said, was a smarter infrastructure for storing, managing and serving its growing data volumes;
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