IBM Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A large bearish position on IBM (NYSE:IBM) has been spotted, with 80% of the big-money traders' sentiment being bearish. Whales have been targeting a price range of $110 to $135 for IBM over the last 3 months. The stock is currently down 1.83% at $125.83, with RSI indicators suggesting a neutral position.
May 24, 2023 | 6:04 pm
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A large bearish position has been spotted on IBM, with 80% of big-money traders being bearish. The stock is currently down 1.83% at $125.83.
The article highlights a large bearish position on IBM, with 80% of big-money traders having a bearish sentiment. This indicates that there is a strong belief among these traders that the stock price will go down in the short term. The stock is currently down 1.83% at $125.83, which supports the bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100