IBM

[oldnemesis]

http://www.marketwatch.com/story/ibm-is-shrinking-and-the-future-looks-ugly-2015-10-20?siteid=yhoof2

http://finance.yahoo.com/news/ibm-shares-hit-five-low-151904261.html

http://finance.yahoo.com/video/trouble-ibm-161600113.html

http://stockcharts.com/h-sc/ui?s=ibm

Trade
With IBM at 140.87
Apr 160/165 bear call spread for a net credit of $45
Yield = 45/455 = 9.9% in 178 days or 20.3% annualized
prob = 78%

Price............... Profit / Loss......... ROM %
105.00................... 45.00............... 9.90%
125.00................... 45.00............... 9.90%
145.00................... 45.00............... 9.90%
160.00................... 45.00............... 9.90%
160.45.................... 0.00................ 0.00%
165.00................ (455.00)........... -90.10%
170.00................ (455.00)........... -90.10%
185.00................ (455.00)........... -90.10%
200.00................ (455.00)........... -90.10%

note: if you want to play long term bullishness in IBM the Jan '18 100 put is selling for $500

 

[felixbocharov]

International Business Machines : Credit Suisse Reaffirms Underperform Rating
http://www.bidnessetc.com/55540-int...-corp-ibm-credit-suisse-reaffirms-underperfo/