IBM’s most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $118.00 short call and a strike $123.00 long call offers a potential 30.55% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $118.00 by expiration. The full premium credit of $1.17 would be kept by the premium seller. The risk of $3.83 would be incurred if the stock rose above the $123.00 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 23.21 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
15 Most Valuable Data Companies in the World
Wed, 24 Nov 2021 10:37:53 +0000
In this industry analysis article, we will take a look at the 15 most valuable data companies in the world. You can skip our detailed analysis of these companies, and go directly to the 5 Most Valuable Data Companies in the World. The rapid advance of modern-day computing has created industries that many would have […]
The Dogs of the Dow Are Ending 2021 With a Whimper. Why Next Year Could Be Better.
Tue, 23 Nov 2021 13:16:00 +0000
The 10-highest yielding stocks in the Dow Jones Industrial Average look set to trail the Dow for the fifth consecutive year. Why next year could be better.
Why these are the worst stocks to own right now: Goldman Sachs
Mon, 22 Nov 2021 19:56:47 +0000
Avoid these stocks as the economy recovers from the pandemic, Goldman Sachs warns.
Former employee drops discrimination case against Red Hat
Mon, 22 Nov 2021 18:29:09 +0000
More than two years after filing a sexual discrimination lawsuit against Red Hat, a Durham woman’s case appears to be over.
Better Buy: IBM or Kyndryl?
Sun, 21 Nov 2021 23:11:00 +0000
Many investors are wondering what to do with this new Kyndryl stock. Is it a better buy than the parent company, IBM?
Follow Us on Facebook