Decoding International Business Machines Corporation's Options Activity: What's the Big Picture?

Whales with a lot of money to spend have taken a noticeably bullish stance on International Business Machines Corporation.

Looking at options history for International Business Machines Corporation IBM we detected 31 trades.

If we consider the specifics of each trade, it is accurate to state that 51% of the investors opened trades with bullish expectations and 48% with bearish.

From the overall spotted trades, 7 are puts, for a total amount of $384,090 and 24, calls, for a total amount of $2,716,377.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $135.0 and $225.0 for International Business Machines Corporation, spanning the last three months.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for International Business Machines Corporation's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across International Business Machines Corporation's significant trades, within a strike price range of $135.0 to $225.0, over the past month.

International Business Machines Corporation Call and Put Volume: 30-Day Overview

Noteworthy Options Activity:

About International Business Machines Corporation

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.

After a thorough review of the options trading surrounding International Business Machines Corporation, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Present Market Standing of International Business Machines Corporation

• With a trading volume of 2,036,368, the price of IBM is down by -0.92%, reaching $194.73.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 40 days from now.

Professional Analyst Ratings for International Business Machines Corporation

1 market experts have recently issued ratings for this stock, with a consensus target price of $186.0.

• An analyst from Bernstein persists with their Market Perform rating on International Business Machines Corporation, maintaining a target price of $186.

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