IBM’s most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $175.00 short put and a strike $165.00 long put offers a potential 7.18% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $175.00 by expiration. The full premium credit of $0.67 would be kept by the premium seller. The risk of $9.33 would be incurred if the stock dropped below the $165.00 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 43.12 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 Making a Midweek Commotion
Wed, 30 Oct 2013 22:34:05 GMT
Wall St. Cheat Sheet – All the top business stories of the day in the technology sector: 4 Tech Stock Stories Making a Midweek Commotion
CSC Acquires Cloud Service Manager ServiceMesh
Wed, 30 Oct 2013 22:30:08 GMT
AllThingsD – Information technology company CSC said today it would acquire ServiceMesh, a cloud services management startup that raised about $15 million from Ignition Partners in 2011. ServiceMesh specializes in …
How the NSA May Be Tapping Yahoo’s and Google’s Fiber Optic Cables
Wed, 30 Oct 2013 22:03:08 GMT
AllThingsD – The latest disclosures from Edward Snowden’s documents raise some interesting questions about how the NSA does its job.
What’s Wrong With IBM Stock Today?
Wed, 30 Oct 2013 18:08:38 GMT
Motley Fool – IBM is suffering a black eye and a fairly significant share-price plunge as the CIA takes its $600 million cloud-computing contract elsewhere.
IBM Quits Amazon Court Fight Over $600 Million CIA Deal
Wed, 30 Oct 2013 18:02:18 GMT
Bloomberg – International Business Machines Corp. abandoned its court fight with Amazon.com Inc. over a $600 million cloud computing contract for the U.S. Central Intelligence Agency, citing the government’s urgency …
Also on Market Tamer…
Follow Us on Facebook