IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $160.00 short put and a strike $155.00 long put offers a potential 7.99% 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 $160.00 by expiration. The full premium credit of $0.37 would be kept by the premium seller. The risk of $4.63 would be incurred if the stock dropped below the $155.00 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 55.59 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
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Thu, 04 Dec 2014 22:40:02 GMT
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Thinking Local in the Cloud — Overheard
Thu, 04 Dec 2014 18:38:12 GMT
The Wall Street Journal – IBM is seeing a silver lining to its cloud emerging. The company’s 2013 acquisition of cloud-infrastructure provider SoftLayer doubled its localized data centers worldwide. That has helped IBM win a string …
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Thu, 04 Dec 2014 17:05:28 GMT
News Alert: IBM Watson Analytics Beta Now Open For Business; Helps Transform the Way People Work By Bringing Analytics to Everyone
Thu, 04 Dec 2014 16:43:00 GMT
PR Newswire – ARMONK, N.Y., Dec. 5, 2014 /PRNewswire/ — IBM (NYSE: IBM ) today announced that Watson Analytics, a breakthrough natural language-based cognitive service that can provide instant access to powerful predictive …
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