IBM’s most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $120.00 short put and a strike $115.00 long put offers a potential 81.82% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $120.00 by expiration. The full premium credit of $2.25 would be kept by the premium seller. The risk of $2.75 would be incurred if the stock dropped below the $115.00 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 36.36 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for IBM
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Thu, 04 Feb 2021 16:10:00 +0000
I made a pretty unusual New Year’s resolution this year. I committed to putting a chunk of my idle cash to work in dividend-generating investments. Now, the reason that was unusual is that I’m a growth investor.
Sell Xerox Stock Because Office Printer Demand Is Shrinking, Analyst Says
Thu, 04 Feb 2021 15:48:00 +0000
Morgan Stanley’s Katy Huberty reduced her rating on the company to Underweight from Equal Weight, with a new price target of $18, down from $20.
Is International Business Machines (IBM) a Good Pick for Value Investors?
Thu, 04 Feb 2021 14:30:02 +0000
Is International Business Machines (IBM) a great pick from the value investor’s perspective right now? Read on to know more.
IBM Introduces $3 Million in Cybersecurity Grants for Public Schools in United States as Attacks on Education Grow
Thu, 04 Feb 2021 11:00:00 +0000
IBM (NYSE: IBM) today announced in-kind grants valued at $3 million to help strengthen cybersecurity in schools. These grants will be awarded to six school districts in the United States to sponsor teams of IBMers to help them proactively prepare for and respond to cyberattacks. Services will be delivered by teams deployed via IBM’s Service Corps Program. The grant is being announced following a December alert from the FBI warning that nearly 60% of reported ransomware incidents between August and September 2020 involved K-12 schools, a 29% jump from the months prior.1
It Might Not Be A Great Idea To Buy International Business Machines Corporation (NYSE:IBM) For Its Next Dividend
Thu, 04 Feb 2021 05:05:48 +0000
It looks like International Business Machines Corporation ( NYSE:IBM ) is about to go ex-dividend in the next 4 days…
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