IBM’s most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $145.00 short call and a strike $150.00 long call offers a potential 7.99% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $145.00 by expiration. The full premium credit of $0.37 would be kept by the premium seller. The risk of $4.63 would be incurred if the stock rose above the $150.00 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 29.25 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
Better Buy: International Business Machines (IBM) vs. Oracle (ORCL)
Wed, 09 May 2018 01:26:00 +0000
Which stock will win this battle of the tech veterans?
Here’s everything Buffett has said about Apple over the years
Tue, 08 May 2018 22:00:00 +0000
Warren Buffett made waves in 2016 when Berkshire Hathaway BRK.A purchased Apple AAPL shares for the first time, snapping up 9.8 million of them. It was a break from his past because Buffett had long been hesitant to jump into tech stocks except for a stake in International Business Machines IBM . Berkshire has exited its IBM stake even as it bought 75 million more shares of Apple in the first quarter of this year.
Apple and Buffett Shore Up the Stock, Says Bernstein
Tue, 08 May 2018 21:13:00 +0000
Apple’s (AAPL) recently increased share repurchase plan is more than just retiring a lot of stock. It may also be a significant component of the daily volume in the stock’s buying and selling. Sacconaghi, who rates Apple stock Market Perform, notes that the company’s share buybacks in the first quarter were about 6% of its daily trading volume.
Here’s what Warren Buffett has said about Apple over the …
Tue, 08 May 2018 20:11:00 +0000
Warren Buffett made waves when he first bought Apple shares back in 2016. Here is what he had to say about the company over the years.
Why The Cannabis Industry Is Not Ready For Blockchain
Tue, 08 May 2018 18:31:21 +0000
Many companies have speculated on the possible advantages of blockchain. With nearly 10 years under our belts in cannabis and being a leader in both government and commercial cannabis seed-to-sale solutions, we at BioTrack do not think blockchain is all that it has been made out to be. With the recent mainstream awareness of blockchain technology, plenty of people have emerged that are more than happy to capitalize on regulators and consumers alike who have heard of the concept but lack the technical expertise to properly evaluate the benefits and drawbacks that come with utilizing a distributed database.
Follow Us on Facebook