Financial giants have made a conspicuous bullish move on IBM. Our analysis of options history for IBM (NYSE:IBM) revealed 12 unusual trades.
Delving into the details, we found 41% of traders were bullish, while 41% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $4,896,437, and 9 were calls, valued at $415,538.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $230.0 to $325.0 for IBM during the past quarter.
Insights into Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
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 activity within a strike price range from $230.0 to $325.0 in the last 30 days.
IBM Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IBM | PUT | TRADE | BEARISH | 11/21/25 | $16.2 | $15.65 | $16.0 | $300.00 | $4.8M | 75 | 3.0K |
| IBM | PUT | SWEEP | BEARISH | 11/21/25 | $17.15 | $16.85 | $17.08 | $300.00 | $104.4K | 75 | 3.4K |
| IBM | CALL | TRADE | BULLISH | 12/19/25 | $9.0 | $8.8 | $9.0 | $320.00 | $72.0K | 722 | 91 |
| IBM | PUT | SWEEP | BULLISH | 11/21/25 | $5.25 | $5.0 | $5.09 | $270.00 | $67.5K | 2.9K | 141 |
| IBM | CALL | SWEEP | BEARISH | 10/10/25 | $8.6 | $6.8 | $6.75 | $290.00 | $67.5K | 852 | 108 |
About IBM
Incorporated in 1911, International Business Machines, or IBM, is one of the oldest technology companies in the world. It provides software, IT consulting services, and hardware to help business customers modernize their technology workflows. IBM operates in 175 countries and employs approximately 300,000 people. The company has a robust roster of business partners to service its clients, which includes 95% of all Fortune 500 companies. IBM's products, including Red Hat, watsonx, and mainframes, handle some of the world's most important data workloads in areas like finance and retail.
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 1,532,158, the price of IBM is up 3.74% at $300.25.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 15 days.
What The Experts Say On IBM
In the last month, 1 experts released ratings on this stock with an average target price of $280.0.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Bernstein has revised its rating downward to Market Perform, adjusting the price target to $280.
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.
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