Financial giants have made a conspicuous bearish move on IBM. Our analysis of options history for IBM IBM revealed 15 unusual trades.
Delving into the details, we found 33% of traders were bullish, while 53% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $431,210, and 6 were calls, valued at $465,157.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $180.0 to $250.0 for IBM over the recent three months.
Volume & Open Interest Trends
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for IBM's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across IBM's significant trades, within a strike price range of $180.0 to $250.0, over the past month.
IBM Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IBM | CALL | SWEEP | BEARISH | 03/21/25 | $2.1 | $2.0 | $2.0 | $250.00 | $154.2K | 10.3K | 775 |
| IBM | CALL | SWEEP | BEARISH | 02/21/25 | $39.35 | $37.95 | $38.67 | $180.00 | $83.9K | 3 | 22 |
| IBM | CALL | TRADE | BEARISH | 01/17/25 | $38.35 | $37.25 | $37.6 | $180.00 | $82.7K | 2.2K | 22 |
| IBM | CALL | SWEEP | BULLISH | 01/17/25 | $19.8 | $19.5 | $19.8 | $200.00 | $79.1K | 2.4K | 55 |
| IBM | PUT | SWEEP | BULLISH | 03/21/25 | $25.5 | $24.8 | $24.8 | $240.00 | $52.0K | 932 | 21 |
About IBM
IBM looks to be a part of every aspect of an enterprise's IT needs. The company 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 with the world.
After a thorough review of the options trading surrounding IBM, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Current Position of IBM
- With a volume of 1,353,310, the price of IBM is up 0.41% at $220.94.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 13 days.
What Analysts Are Saying About IBM
2 market experts have recently issued ratings for this stock, with a consensus target price of $187.5.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from UBS has decided to maintain their Sell rating on IBM, which currently sits at a price target of $160. * An analyst from Bernstein persists with their Market Perform rating on IBM, maintaining a target price of $215.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest IBM options trades with real-time alerts from Benzinga Pro.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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