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 8.93% return on risk over the next 39 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 $0.82 would be kept by the premium seller. The risk of $9.18 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 33.95 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
Stocks close lower in light volume trade; geopolitics eyed
Tue, 12 Aug 2014 20:54:28 GMT
Apple makes new iPads, sees fitness band as medical
Tue, 12 Aug 2014 18:59:00 GMT
Apple Reportedly Has iPad Production Underway for Debut This Year
Tue, 12 Aug 2014 16:42:30 GMT
TheStreet – Apple has reportedly gotten mass production of its next-generation iPads into production.
Ask an Expert: Take the small biz quiz
Tue, 12 Aug 2014 16:31:13 GMT
A look back at the first IBM computer
Tue, 12 Aug 2014 15:25:30 GMT
CNBC – Thirty-three years ago, on Aug. 12, 1981, International Business Machines released its first personal computer.
Related Posts
Also on Market Tamer…
Follow Us on Facebook