IBM’s most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $170.00 short put and a strike $160.00 long put offers a potential 5.93% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $170.00 by expiration. The full premium credit of $0.56 would be kept by the premium seller. The risk of $9.44 would be incurred if the stock dropped below the $160.00 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 42.77 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
4 Tech Stock Stories for a Savvy Weekend Download
Fri, 25 Oct 2013 20:55:10 GMT
Wall St. Cheat Sheet – All the top business stories of the day in the technology sector: 4 Tech Stock Stories for a Savvy Weekend Download
Putting Cognitive Systems to Work
Fri, 25 Oct 2013 19:52:22 GMT
The Wall Street Journal – The explosive growth of data has created a need for cognitive systems–technologies that use natural language processing and machine learning to extend human expertise, says Guest Columnist Irving Wladawsky-Berger. …
Made in IBM Labs: Securing Data for Cloud Computing
Fri, 25 Oct 2013 19:25:00 GMT
PR Newswire – ARMONK, N.Y., Oct. 25, 2013 /PRNewswire/ — IBM (NYSE: IBM ) inventors have developed a technique for protecting sensitive data prior to transmitting it to the cloud. The patented invention will overcome …
Microsoft outpacing IBM, EMC, Oracle in enterprise sales
Fri, 25 Oct 2013 18:35:00 GMT
Investor’s Business Daily – Microsoft outpacing IBM, EMC, Oracle in enterprise sales
Apple taking technology higher: Pro
Fri, 25 Oct 2013 18:15:00 GMT
CNBC – What’s moving the tech sector? Dan Greenhaus, BTIG, and CNBC’s Dominic Chu dig into the performance of Microsoft and Apple.
Also on Market Tamer…
Follow Us on Facebook