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 $140.00 long put offers a potential 7.99% return on risk over the next 31 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 $0.74 would be kept by the premium seller. The risk of $9.26 would be incurred if the stock dropped below the $140.00 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 68.12 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
Major Changes in Warren Buffett & Berkshire Hathaway Stocks: American Airlines, Delta, Kinder Morgan, Walmart, BNY Mellon and More
Mon, 14 Nov 2016 22:10:47 GMT
Nvidia Upgraded On Growth In Car, Cloud, Virtual Reality Fields
Mon, 14 Nov 2016 21:36:41 GMT
IBM, NVIDIA Partner to Advance A.I. Solutions
Mon, 14 Nov 2016 19:07:03 GMT
Investopedia – In what the companies involved are billing as the “world's fastest deep learning enterprise solution,” artificial intelligence leader IBM (NYSE: IBM) and chipmaker NVIDIA (NASDAQ: NVDA) recently …
HPE Continues to Lead the Worldwide Server Systems Market
Mon, 14 Nov 2016 17:04:10 GMT
Automated Financial Systems Taps IBM Cloud to Expand Financial Services
Mon, 14 Nov 2016 14:47:18 GMT
noodls – ARMONK, NY and PHILADELPHIA, PA – 14 Nov 2016: IBM (NYSE: IBM) today announced that Automated Financial Systems,Inc. (AFS), a global leader in commercial lending to top-tier financial institutions is utilizing …
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