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IBM

XLM: A coin for the future?In my previous Idea on XLM I noted that I took out my initial investment and kept only the profits inside the market. Looking at the market today, I am close to reversing this step and putting even more than my initial investment into XLM. Of course the rise of over 213% in a span of a few hours is impressive but if we look at the bigger picture, is it really? At the height of it's peak we only reached one third of the ATH from May. Even less if we compare spike to spike. The news that IBM will partner up with XLM is one of the biggest announcements we had in the cryptomarket to date and the effect it had on the market was rather limited and short fetched. Just like I outlined in my previous post about XLM, a lot of people are already calling XLM done again: "It will only bleed out from here on." - The greed is never satisfied, the gains have to come and come and come, and if the gains stop - even for a minute -, the coin is done and outlived. Let's try to get a real picture of the market outlook: - The market overheated in a massive hyped run up after the IBM news and is cooling down now. A rather normal behavior found throughout every market. - XLM will have a stage at two more conferences next week in which more news and announcements are likely to be made. - XLM is actively engaged with potential partners in Japan, Southeast Asia, and the Middle East. It can be expected, especially after the IBM partnership, that there will be more of these announced until the end of the year. - IBM will likely start to buy up XLM tokens in the coming weeks, giving the market stability. Stellar actually is a step closer to become what Ripple intended to be and has absolute long-term value. Hence I will add to my XLM position below 600 (if that level is not broken, below 650) satoshis - both to add to my core long term holdings and my short term trading stack.
Long
by PlainviewCrypto
7
OPENING: IBM JULY 28TH 145/148/160/162.5 IRON CONDOR... for a 1.10 credit. It announces earnings today after market close. Metrics: Probability of Profit: 54% Max Profit: $110/contract Max Loss/Buying Power Effect: $190/contract Break Evens: 146.90/161.10 (Wide of expected move, both sides) Delta: .37 Theta: 6.08 Notes: The strikes were pesky on the call side. It was either go five-wide or 2 1/2 wide on the call side. I opted for going narrower, as long as I could keep my break evens outside the expected move. Will look to take profit at 50% max.
NYSE:IBM
by NaughtyPines
THE WEEK AHEAD: NFLX, IBM, CSX, EBAY, MSFT EARNINGSAlthough many of next week's earnings plays aren't up to my usual snuff due to lower implied volatility invading the entire market with VIX at sub-10 levels, some of these announcements might offer decent premium even though the metrics for a volatility contraction play aren't ideal (>70 implied volatility rank, >50 background implied volatility). Here, I'm looking for at least 70% probability of profit setups and -- for defined risk -- greater than one-third the width of the widest wing in credit. Look to put these plays on in the waning hours of the session immediately before the announcement and take profit for short strangles and iron condors at 50% of the credit received; 25% for short straddles/flies. NFLX: Announces Monday after market close July 28th 148/177.5 short strangle Probability of Profit: 74% Max Profit: $391 at the mid Max Loss/Buying Power Effect: Undefined Break Evens: 144.09/181.41 (> 1 SD, both sides) July 28th 141/146/175/180 iron condor Probability of Profit: 68% Max Profit: $169 at the mid Max Loss/Buying Power Effect: $331 Break Evens: 144.31/176.69 (> 1 SD put side, slightly less than 1 SD call) IBM: Announces Tuesday After Market Close July 28th 149/160 short strangle Probability of Profit: 69% Max Profit: $251 at the mid Max Loss/Buying Power Effect: Undefined Break Evens: 146.49/162.51 (at 1 SD, both sides) July 28th 144/147/162.5/165 iron condor Probability of Profit: 71% Max Profit: $68 at the mid Max Loss/Buying Power Effect: $232 Break Evens: 146.32/163.18 (at 1 SD, put side; > 1 SD call) Notes: The iron condor is probably not worth it, given the fact that you're being paid less than 1/3rd the width of the strikes in credit for a 70% probability of profit setup. CSX: Announces on Tuesday After Market Close July 28th 53/57.5 short strangle Probability of Profit: -- Max Profit: $96 at the mid Max Loss/Buying Power Effect: Undefined Break Evens: 52.04/58.46 Notes: For some reason, my platform isn't generating probability of profit metrics for this setup. The short strangle is likely to be around 70% with 1 SD break evens; given the fact that the short strangle is only paying $96, there is no way an iron condor with a >70% probability of profit would pay that, so it's not set out here. The defined risk alternative is to go iron fly: July 28th 51/55/55/59, Probability of Profit: 50%, Max Profit: $212 at the mid; Max Loss/Buying Power Effect: $188; Break Evens: 52.88/57.12 (expected move, both sides). In spite of the 50% probability of profit, not too shabby with reward/risk, since you're risking about one to make one. EBAY: Announces Thursday After Market Close July 28th 35/39 short strangle Probability of Profit: 70% Max Profit: $93 at the mid Max Loss/Buying Power Effect: Undefined Break Evens: 34.07/39.93 (at 1 SD, both sides) Notes: As with the CSX play, there's no way a 70% probability of profit defined risk iron condor will pay 1/3rd the width of the widest wing if the short strangle's only paying .93. Again, the alternative is go iron fly: July 28th 33/37/37/41, Probability of Profit: 50%; $210 at the mid; Max Loss/Buying Power Effect: $190; Break Evens: 34.90/39.10 (expected move, both sides). MSFT: Announces Thursday After Market Close July 28th 70/75.5 short strangle Probability of Profit: 70% Max Profit: $118 at the mid Max Loss/Buying Power Effect: Undefined Break Evens: 68.82/76.68 (1 SD, both sides) July 28th 67/70/75.5/78.5 iron condor Probability of Profit: 66% Max Profit: $86 at the mid Max Loss/Buying Power Effect: $214 Break Evens: 69.14/76.36 Notes: The iron condor's payout is on the edge of being worthwhile; implied volatility would need to ramp up a little bit running into earnings.
NASDAQ:NFLX
by NaughtyPines
Long IBM by selling June Put Spread 150/140IBM has been pulled back form 184 for almost 30$. After the news of Buffet reduce 1/3 of his position, IBM gap down but start to bounce back. RSI and CMO both showed oversold signal. I would like to set up this position long IBM. Position: Credit Put Spread: -1x, June 150/140, Premium: 1.2$ Break Even: 148.8$ PoP%: 75% Target: 50% of the premium. In case IBM continue going down, I am ready to be exercised and get IBM stocks with $148.8 per share.
NYSE:IBMLong
by rockgy
IBM - Weekly Swing Trade1. IBM has moved up nicely after bottom in 1Q 2016. Prices exceeded the weekly 200sma for the first time in 18mths and have reached a Measured Move target around $184. 2. Prices are due for a 10bar/2 leg retracement or consolidation before continuing upward to test $190-$200. 3. Continue to watch the pullback and look for an entry near the Breakout level of $170, which also coincides with the 200sma support. 4. I will update with the options play as we get closer to an entry. 5. Prices have clean trend, respect for 34EMA and an RSI that peaked cleaning with price convergence. Good looking potential setup.
NYSE:IBMLong
by TradingBandito06
$IBM Slam Down Coming, Check Out This Chart...Shares of International Business Machines Corp. (NYSE:IBM) are on the verge of a sharp fall based on the stock hammering into not one, but two trend line resistance points. This can clearly be seen on the stock chart below and is a warning to investors to sell their long positions and maybe even short the stock into year end. January might be ugly for IBM. The pull back level is likely $155.00 from its current $166.99 in January 2017 alone.
NYSE:IBMShort
by jenny_rebekka