IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $128.00 short call and a strike $133.00 long call offers a potential 13.64% 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 $128.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock rose above the $133.00 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 21.94 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
10 Dividend Stocks to Buy According to Nicholas Bagnall’s Te Ahumairangi Investment Management
Wed, 03 Nov 2021 11:02:17 +0000
In this article, we discuss the 10 dividend stocks to buy according to Nicholas Bagnall’s Te Ahumairangi Investment Management. If you want to skip our detailed analysis of dividend investing, go directly to 5 Dividend Stocks to Buy According to Nicholas Bagnall’s Te Ahumairangi Investment Management. Nicholas Bagnall founded Te Ahumairangi Investment Management in 2019. […]
IBM to remain in the Dow after Kyndryl is spun off
Tue, 02 Nov 2021 17:14:48 +0000
Shares of International Business Machines Corp. are falling 0.7% in afternoon trading, as the technology company is expected to complete the spinoff of its managed infrastructure-service business Kyndryl Holdings Inc. later this week. Despite the spinoff, which will effectively lower IBM's market valuation and stock price, Big Blue will remain a blue-chip company, as S&P Dow Jones Indices said late Monday that IBM will remain in the Dow Jones Industrial Average after the spinoff is effective bef
IBM to Expand Security Portfolio with Plans to Acquire ReaQta
Tue, 02 Nov 2021 13:00:00 +0000
IBM (NYSE: IBM) Security today announced an expansion of its cybersecurity threat detection and response capabilities with its plans to acquire ReaQta. ReaQta's endpoint security solutions are designed to leverage AI to automatically identify and manage threats, while remaining undetectable to adversaries. This move will expand IBM's capabilities in the extended detection and response (XDR) market, aligning with IBM's strategy to deliver security with an open approach that extends across dispara
Kyndryl Holdings Set to Join S&P MidCap 400; NetScout Systems to Join S&P SmallCap 600
Tue, 02 Nov 2021 02:03:00 +0000
Kyndryl Holdings Inc. (NYSE:KD) will replace NetScout Systems Inc. (NASD:NTCT) in the S&P MidCap 400, and NetScout Systems will replace Invacare Corp. (NYSE:IVC) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, November 5. S&P 500 and 100 constituent International Business Machines Co. (NYSE: IBM) is spinning off Kyndryl Holdings in a transaction expected to be completed on November 4. Invacare is no longer representative of the small-cap market space.
What Is the Nifty 50?
Mon, 01 Nov 2021 02:26:16 +0000
The Nifty 50 was a group of the most popular large-cap stocks on the NYSE in the 1960s and 1970s. Today it refers to an index on India's stock exchange.
Also on Market Tamer…
Follow Us on Facebook