Notable Options Activity in IBM

Shares of International Business Machines Corporation

are lower on the session by 3.09%, currently trading at $201.05 Option volatilities are lower with April -27.2 points, May -7.1 points, and July +.05 points. The strike seeing the heaviest action is the April 2012 $205.00 call, which has traded 9,300 times on open interest of 13,000 contracts. IBM released earnings yesterday after the close.