IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $150.00 short put and a strike $145.00 long put offers a potential 43.68% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $1.52 would be kept by the premium seller. The risk of $3.48 would be incurred if the stock dropped below the $145.00 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 72.91 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
[$$] Companies Curb Their Political Spending
Tue, 02 Oct 2018 09:48:23 +0000
The biggest publicly traded companies are increasingly limiting their spending on elections and other political activity, a new report has found. The report is the fourth annual analysis of political-spending policies at S&P 500 companies from the Center for Political Accountability, a nonprofit organization in Washington, D.C., that advocates better disclosure of corporate political activity. About 36% of the S&P 500, or 176 companies, have said they won’t engage in at least one form of spending on political activity, up from 32% a year ago and a quarter in 2015, the report found.
Better Buy: Apple Inc. vs IBM
Mon, 01 Oct 2018 18:49:00 +0000
These two tech giants are household names, but one is clearly the better bet.
IBM Is Among These 8 Stocks Set to Reverse Direction
Mon, 01 Oct 2018 18:30:00 +0000
These names are showing technical signs of either bullish or bearish reversal patterns over the past week.
Groupon, IBM Settle Patent Lawsuits In $57M Deal
Mon, 01 Oct 2018 17:42:59 +0000
Groupon's $57-million fee validates “the value of our intellectual property,” IBM's general manager of IP Dr. William Lafontaine said in the press release. The agreement calls for the two companies to explore making some of Groupon's offerings exclusive to IBM and its employees as part of a corporate benefits offer.
Groupon to pay IBM $57 million to settle U.S. patent dispute
Mon, 01 Oct 2018 17:41:36 +0000
IBM's lawsuit, filed in U.S. court in Delaware in 2016, alleged Groupon used IBM’s patented e-commerce technology without authorization. A jury sided with IBM in July, ordering Chicago-based Groupon to pay $83 million in damages. William Lafontaine, IBM’s general manager of intellectual property, said in a statement the deal demonstrates the value of the intellectual property the Armonk, New York-based company derives from its annual investment of more than $5 billion in research and development.
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