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Deep-pocketed investors have adopted a bearish approach towards IBM (NYSE:IBM), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in IBM usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 14 extraordinary options activities for IBM. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 42% leaning bullish and 50% bearish. Among these notable options, 9 are puts, totaling $477,657, and 5 are calls, amounting to $975,870.
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $150.0 to $205.0 for IBM over the last 3 months.
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 $150.0 to $205.0 in the last 30 days.
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
IBM | CALL | SWEEP | BEARISH | 01/16/26 | $25.35 | $23.55 | $23.55 | $190.00 | $527.5K | 1.3K | 224 |
IBM | CALL | TRADE | BEARISH | 01/16/26 | $28.1 | $26.3 | $26.3 | $185.00 | $178.8K | 742 | 68 |
IBM | CALL | SWEEP | BULLISH | 01/17/25 | $14.25 | $13.9 | $14.25 | $190.00 | $142.5K | 5.1K | 93 |
IBM | PUT | TRADE | BULLISH | 01/16/26 | $13.7 | $11.2 | $11.2 | $180.00 | $128.8K | 747 | 118 |
IBM | CALL | SWEEP | BULLISH | 09/20/24 | $7.45 | $7.2 | $7.45 | $190.00 | $74.5K | 4.4K | 112 |
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.
In light of the recent options history for IBM, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $206.5.
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.
Posted In: IBM