IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $157.50 short call and a strike $162.50 long call offers a potential 6.16% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $157.50 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock rose above the $162.50 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 at 60.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
A Bull Case for IBM
Tue, 31 Oct 2017 00:20:00 +0000
IBM just posted a surprisingly good quarter, but its long-term potential goes far beyond that.
IBM Elects Two New Members to Its Board of Directors
Mon, 30 Oct 2017 20:15:00 +0000
The IBM board of directors today elected Joseph R. Swedish and Frederick H. Waddell to the board.
AT&T deepens ties with IBM
Mon, 30 Oct 2017 19:40:16 +0000
AT&T Inc. (NYSE: T) is calling on IBM (IBM) to help spruce up the functionality of back-end systems like sales, ordering and enterprise data. Dallas-based telecom company AT&T is changing the way it builds enterprise applications to one that utilizes a “microservices” model. With its announcement, AT&T said the “old way of building enterprise apps is dead.
Inside Cognizant’s Financial Metrics Today
Mon, 30 Oct 2017 19:35:14 +0000
Cognizant (CTSH) currently has a dividend yield of 0.8%, or $0.15 per quarter, which indicates an annualized dividend payout of $0.40.
Is Advanced Micro Devices (AMD) a Buy After Earnings Plunge?
Mon, 30 Oct 2017 17:19:31 +0000
Everything was going well for Advanced Micro Devices, Inc. (NASDAQ:AMD). Then came AMD earnings. Despite beating on earnings and revenue estimates, the stock took a plunge and is now down 17.5% over the last four trading sessions.
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