Artwork

Options Corner: Oppenheimer Starts IBM at Outperform

Schwab Network

published

Play Playing
iconShare
 
MP3•Episode home
Manage episode 520484361 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Oppenheimer initiates IBM (IBM) at an outperform rating. With that bullish note in mind, Rick Ducat examines the technical layout on IBM's chart. He shows the outperformance versus the tech sector, overall S&P 500 (SPX) and compares its performance to other major players like Microsoft (MSFT), Oracle (ORCL) and Amazon (AMZN). Rick adds that IBM's exposure to the quantum computing space adds an interesting wrinkle to its overall business. On the chart, Rick points to $288 as an area of support developing over the last few months. Rick later demonstrates an example options trade for IBM using a neutral to bullish put vertical strategy.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – / schwabnetwork

Follow us on Facebook – / schwabnetwork

Follow us on LinkedIn - / schwab-network

About Schwab Network - https://schwabnetwork.com/about

…   continue reading

8903 episodes

#Trading #Business #Schwab Network