IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $180.00 short put and a strike $170.00 long put offers a potential 6.72% 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 $180.00 by expiration. The full premium credit of $0.63 would be kept by the premium seller. The risk of $9.37 would be incurred if the stock dropped below the $170.00 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 69.78 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
IBM signs up to help fight China's war on smog
Sun, 06 Jul 2014 17:07:48 GMT
IBM signs up to help fight China's war on smog
Sun, 06 Jul 2014 16:46:13 GMT
Reuters – IBM Corp has signed an agreement with the city of Beijing to use advanced weather forecasting and cloud computing technologies to help tackle the Chinese capital's persistent smog. After a series of pollution scares and scandals, China's central government has promised to reverse some of the damage done to the nation's sky, rivers and soil by more than three decades of growth. Beijing city already uses an alerting system based on data from 35 monitoring stations, allowing it to shut schools and factories and cut traffic three days in advance, but residents still complain that not enough is being done.
IBM signs up to help fight China's war on smog
Sun, 06 Jul 2014 16:13:07 GMT
Why IBM and Visa Led the Dow Higher Last Week
Sat, 05 Jul 2014 15:02:29 GMT
·Kaifa Carried on the IBM 340 Million Bid Project
Sat, 05 Jul 2014 08:28:12 GMT
noodls – Recently, the strategic partners of Kaifa, International Business Machines Corporation (hereinafter referred to as “IBM”)won the bids in the Netherlands Energy Network Operators' Association …
Related Posts
Also on Market Tamer…
Follow Us on Facebook