IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $155.00 short call and a strike $165.00 long call offers a potential 5.04% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $155.00 by expiration. The full premium credit of $0.48 would be kept by the premium seller. The risk of $9.52 would be incurred if the stock rose above the $165.00 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.
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LATEST NEWS for IBM
IBM, Packet Clearing House and Global Cyber Alliance Collaborate to Protect Businesses and Consumers from Internet Threats
Thu, 16 Nov 2017 11:00:00 +0000
NEW YORK, Nov. 16, 2017 /PRNewswire/ — IBM Security (NYSE: IBM), Packet Clearing House (PCH) and the Global Cyber Alliance (GCA) today launched a free service designed to give consumers and businesses added privacy and security protection as they access the internet. The new Quad9 Domain Name System (DNS) service helps protects users from accessing millions of malicious internet sites known to steal personal information, infect users with ransomware and malware, or conduct fraudulent activity. Businesses and consumers can safeguard their online privacy as the Quad9 (9.9.9.9) DNS service is engineered to not store, correlate or otherwise leverage any personally identifiable information (PII) from its users.
Cisco's Earnings Have Much in Common With Beat-Up IBM
Thu, 16 Nov 2017 02:35:00 +0000
Like Big Blue's recent earnings report, Cisco's was far from perfect. But investor expectations were low, and the company showed progress in key areas.
Warren Buffett Sheds More IBM Stock
Thu, 16 Nov 2017 00:30:00 +0000
The Oracle of Omaha has trimmed his stake in the tech giant for the second time this year.
Cramer urges investors not to 'jump to conclusions' based…
Wed, 15 Nov 2017 23:43:00 +0000
Jim Cramer cautioned investors about "following the crowd," saying the method is often wrong and can be costly.
Don't jump to conclusions based only on stock moves
Wed, 15 Nov 2017 23:23:00 +0000
Jim Cramer cautioned investors about "following the crowd," saying the method is often wrong and can be costly.
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