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IBM

Quarterly earnings were not enough?IBM ended a long period of decline, however it seems that an attempt to change the trend was quickly rejected. Despite having delivered higher-than-expected earnings reports, the price is close to a very important level of support. What makes me wonder... would it be possible that this attempt to change the trend was initiated by the expectation generated by the income report? And after not having covered the "expectations" immediately lost attention? If that is the case, we will most likely see its price stay within the channel that respect good part of the 2017. If it's just a break, we'll see IBM succeed and rise after retesting this support point. Whatever the case, there are enough reference points to make decisions. I hope this is useful for you. Best wishes to all.
NYSE:IBM
by normstock
THE WEEK AHEAD: IBM, SLB, KMI EARNINGS; XLU, SMH, IYR, EWW, VXXEARNINGS The earnings on tap aren't looking very enticing to me, as I generally look at getting in on these where the implied volatility rank is >70% and the background implied volatility is >50%. However, they might be worth watching running into earnings to see if implied ramps up. KMI (implied volatility rank 79/implied volatility 30) announces earnings on the 17th after market close. The January 19th expiry's implied volatility is at 40%, with the 26th's at 31.4% (a 27.5% potential contraction). Given the underlying's price, it's probably best to go short straddle. Unfortunately, the Jan 19th's 19.5 short straddle isn't paying much -- .70 at the mid, with break evens clear of the expected move. Given what that's paying, a defined risk play won't pay. IBM (implied volatility rank 93/implied volatility 26) announces on the 18th after market close. January 19th's implied's at 43.2; the 26th's at 31.3 (38.0% potential contraction). The January 19th 157.5/170 short strangle (23 delta) is paying 2.30 at the mid; the 152.5/157.5/170/175 iron condor's only paying 1.49 (<1/3rd wing width), so would probably pass on a defined unless implied volatility frisks up running into earnings. SLB (rank 100/implied 27) announces on the 19th before market open. January 19th's implied is 35.4 vs. Jan 26th's of 27.9 (26.9% potential contraction). The 19th's 76/80 short strangle's paying 1.07 at the mid. Defined -- not worth it. NON-EARNINGS Another area in which implied volatility rank makes potential plays look promising, but where background implied volatility isn't up to stuff. Currently, there are no exchange-traded funds whose implied volatility rank is in the upper one-quarter of so of where it's been over the past year and where background implied is greater than 35%. For what it's worth, though, here are the top ones: XLU (73/15), SMH (59/23), IYR (57/14), and EWW (51/24). VOLATILITY PRODUCTS Recently I've been working VXX* in two ways: (1) "price agnostic," where I enter either a long put vertical or short call vertical when the next weekly expiry open on Thursday or Friday; and (2) on pops where the VXST/VIX ratio is >1.0 (the higher the better). Unfortunately, it's tough to forecast a pop (although I've seen people repeatedly make the attempt), so you just have to set up an alert to trigger on a VXST/VIX ratio print of >1.00 or a VVIX print of >110 and keep powder dry for when it happens. * -- I've been waiting for UVXY to reverse split on the notion that a 1/2 strike of movement in an 8.67 (UVXY Friday close price) underlying is somewhat more of a heavy lift than a 1/2 strike of movement in a 25.85 one, even though UVXY is leveraged.
NYSE:IBM
by NaughtyPines
1
IBM Meeting Heavy ResistanceIBM has been one of the worst DOW stocks of 2017, but things might change going ahead. IBM which should be seeing a bottoming in revenues as they return to growth from data analytic initiatives and a upgrade cycle in mainframes is on the verge of breaking out. Currently, IBM sits at a major resistance line. Watch for a breakout which could see the stock retest all time highs around $181.00, but a failed breakout may retest rising support around $155.00.
NYSE:IBM
by gthom9
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.
XLong
by PlainviewCrypto
7