All Entries Tagged With: "$IBM"
Is Apple Mania Warranted?
Ever since consumers fell in love with the iPod, it seems as though Apple (NASDAQ: AAPL) has emerged as the most beloved company in America, possibly the world. Last week the company released impressive earnings, demonstrating the full power of the company’s ability to create electronics consumers crave. In the wake of Apple’s earnings, shares [...]
Customized Volatility: A VIX For Everyone
If you think the world is VIX-y now, just wait, it’s about to get VIX-ier. This, from the CBOE. The Chicago Board Options Exchange (CBOE) today announced that it has filed for Securities and Exchange Commission (SEC) approval to list options based on recently-created volatility indexes that track individual stocks —Apple (AAPL), Amazon (AMZN), Goldman Sachs (GS), [...]
Hewlett-Packard Raises Dividend, Hopes
Perhaps the biggest news to come out of the recent revelation of a new strategy for Hewlett-Packard Co. (NYSE: HPQ) is that the company will raise its dividend by 50%, from an annual payment of $0.32 to $0.48. That will boost HP’s dividend yield up to 1.2%, still short of the 1.6% yield from IBM [...]
IBM: A Case Study On Replacing Stock With Call Options
In a previous post on IBM (IBM), I explained the company’s plan for boosting its earnings into 2015 and noted that a friend of mine who has worked there for many years has built up a large position in the stock. His dilemma? He wants to stay bullish on his employer, but he may have [...]
IBM: Looking Ahead To 2015
Last week, I was talking to a friend who works at IBM (IBM). He’s been there for a long time, has been purchasing shares regularly over the years, and was asking me what I thought about the company’s future. He probably knows better than me. After all, he works there. But I suspect he’s thinking [...]
Single-Stock VIX Levels Compared to VIX and VXN
Friday’s sharp price action saw the S&P 500 shed nearly 1.8% and the NASDAQ fall by almost 2.5% – wiping out much of January’s gains. As for implied volatility, it spiked to highs for the month – at least as measured by two popular indices. The VIX, which measures implied volatility for S&P 500 index [...]
Dow Jones Average Components: A 10%+ Weighting in IBM
Most people know that the Dow Jones Industrial Average has its quirks – given that it’s weighted by price, not market capitalization. That means, of course, that its performance largely depends on the higher priced stocks in the average. I noticed that IBM (IBM) closed over $160 on January 25. That’s the highest priced stock [...]
Single Stock VIX Values: A Longer-Term View
In a previous post I took a look at the new single-stock VIX-type indices that the CBOE is now publishing on five individual stocks. In theory, these indices should measure the hypothetical one-month implied volatility for options on these stocks (AMZN, AAPL, GOOG, GS, and IBM) – just as the VIX does for options on [...]
Single Stock “VIX” Levels: Comparing Two Sets Of Data
Bill Luby noted that the Chicago Board Options Exchange (CBOE) will be publishing “VIX index values” for these five individual stocks. Amazon (AMZN) Apple (AAPL) Google (GOOG) Goldman Sachs (GS) IBM (IBM) According to the CBOE, these single-stock “VIX-like” indices will measure implied volatility for options on these stocks in a similar way that the [...]
Deal with Dell Leads Compellent to Adopt Poison Pill
When storage provider Compellent Technologies, Inc. (NYSE: CML) agreed to be acquired by Dell Inc. (NASDAQ: DELL) for a total of $960 million, some shareholders might have grumbled a bit. The deal, a so-called ‘take-under,’ was struck at $27.75/share of Compellent stock at a time that the stock was trading at more than $33/share. Predictably, [...]