Decoding IBM's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Recent options activity for IBM shows a bearish sentiment among big-money investors, with 57% of trades being bearish. The trading activity suggests a price range of $145 to $280 for IBM in the coming months. Analysts have mixed ratings, with price targets ranging from $145 to $250.
October 01, 2024 | 6:16 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
IBM's options activity indicates a bearish sentiment among large investors, with 57% of trades being bearish. The predicted price range is $145 to $280. Analysts have mixed ratings, with price targets from $145 to $250.
The significant bearish options activity suggests that large investors expect IBM's stock price to decline. The mixed analyst ratings add uncertainty, but the overall sentiment leans bearish. The predicted price range and the current market standing support this analysis.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100