Whales with a lot of money to spend have taken a noticeably bearish stance on IBM.
Looking at options history for IBM IBM we detected 32 trades.
If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 59% with bearish.
From the overall spotted trades, 13 are puts, for a total amount of $940,369 and 19, calls, for a total amount of $961,727.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $165.0 to $195.0 for IBM during the past quarter.
Analyzing Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for IBM's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of IBM's whale trades within a strike price range from $165.0 to $195.0 in the last 30 days.
IBM Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| IBM | PUT | SWEEP | BEARISH | 01/16/26 | $180.00 | $128.1K | 16 | 227 |
| IBM | PUT | SWEEP | BEARISH | 01/16/26 | $180.00 | $122.6K | 16 | 335 |
| IBM | CALL | SWEEP | NEUTRAL | 01/16/26 | $195.00 | $113.9K | 143 | 55 |
| IBM | CALL | TRADE | BULLISH | 01/16/26 | $185.00 | $110.9K | 166 | 308 |
| IBM | PUT | SWEEP | BEARISH | 01/16/26 | $180.00 | $105.8K | 16 | 157 |
About IBM
IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients—which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.
Where Is IBM Standing Right Now?
- Currently trading with a volume of 1,251,670, the IBM's price is down by -0.09%, now at $185.13.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 48 days.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for IBM, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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