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 8.46% return on risk over the next 15 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 $0.39 would be kept by the premium seller. The risk of $4.61 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 61.19 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
Can Microsoft and Google keep up with Amazon in the battle of cloud computing?
Wed, 01 Nov 2017 09:01:05 +0000
These companies are best positioned to profit from the rise of cloud infrastructure, writes Jeff Reeves.
Tech company that ‘delivers social intelligence data like a pizza’ expands in Clearwater
Tue, 31 Oct 2017 19:34:05 +0000
A big-data tech startup that analyzes social media posts for the Department of Defense and other clients is adding employees and moving to a bigger office in downtown Clearwater. Its technology — a ready-to-deploy advanced computer system for in-depth analysis of social media, intelligence data and real-time video — supports both commercial and government clients. “We are the only company selling pre-built, ready-to-operate big data analytics systems,” said Rob Guidry, founder, chairman and CEO.
On Free Speech and How It Protects Sex Traffickers
Tue, 31 Oct 2017 18:57:16 +0000
A new documentary about trafficked girls makes the case for changing free speech on the internet.
IBM board adds $3 billion to stock buyback program
Tue, 31 Oct 2017 15:18:10 +0000
International Business Machines Corp. said Tuesday its board has approved adding another $3 billion to its stock buyback program. The extra money brings the total authorization to $4.5 billion. IBM shares …
In Your 60s? 2 Stocks You Might Want to Buy
Tue, 31 Oct 2017 15:12:00 +0000
Dividend increases, high yields, and size differentiate this pair of stocks that could be just right if yo'are near or in retirement.
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