IBM Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for IBM (NYSE:IBM), with a majority of investors taking a bearish stance. Of the 12 strange trades detected, 41% were bullish and 58% were bearish. The total amount for puts was $114,055 and for calls was $662,348. Whales have been targeting a price range from $60.0 to $160.0 for IBM over the last 3 months. The current price of IBM is down -0.22% at $147.74.
September 07, 2023 | 7:49 pm
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Unusual options activity has been detected for IBM, with a majority of investors taking a bearish stance. This could potentially impact the stock's price in the short term.
The unusual options activity, with a majority of investors taking a bearish stance, indicates a potential downward pressure on IBM's stock price in the short term. This is further supported by the current price of IBM being down -0.22%.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100