IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $162.50 short call and a strike $167.50 long call offers a potential 9.89% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $162.50 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock rose above the $167.50 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 below 20 which suggests that the stock is in oversold territory.
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 Australia's 2016 profit takes AU$36m tumble
Mon, 01 May 2017 03:30:55 +0000
The local arm of IBM has seen its 2016 profit drop by more than half year over year.
Could IBM's falling revenues turn around next year?
Sun, 30 Apr 2017 21:18:21 +0000
IBM has registered 20 consecutive quarters – five whole years – of revenue declines, but it could be about to turn the corner if its investments in "strategic imperatives" pays off, according to Thomas Pangia
IBM CEO: We need a new, modernized tax system
Sun, 30 Apr 2017 14:44:09 +0000
Ginni Rometty reacts to President Trump's plan on 'Sunday Morning Futures'
any.cloud Taps IBM Cloud to Tackle Digital Media's Growing Unstructured Data Challenges
Sat, 29 Apr 2017 21:27:00 +0000
ARMONK, N.Y., April 29, 2017 /PRNewswire/ — IBM (NYSE: IBM ) today announced that any.cloud, which provides cloud hosting for customers across a wide range of industries, including digital media, has …
IBM Inventor Lisa Seacat DeLuca To Be Inducted into the Women in Technology Hall of Fame
Sat, 29 Apr 2017 21:04:00 +0000
ARMONK, N.Y., April 29, 2017 /PRNewswire/ — IBM (NYSE: IBM ) today announced that Lisa Seacat DeLuca, Technology Strategist, IBM Watson Customer Engagement, is being inducted into the Women in Technology …
Related Posts
Also on Market Tamer…
Follow Us on Facebook