Behind the Scenes of IBM's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Recent options trading activity for IBM shows a bullish trend among large investors, with 50% of trades having bullish expectations. Analysts maintain a positive outlook with target prices around $240-$250. IBM's stock is currently priced at $234.62, with RSI indicators suggesting it may be overbought.
October 10, 2024 | 1:46 pm
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IBM's options trading shows a bullish trend with 50% of trades expecting gains. Analysts maintain a positive outlook with target prices between $240 and $250. Current stock price is $234.62, with RSI suggesting it may be overbought.
The options trading data indicates a bullish sentiment among large investors, with a significant portion of trades expecting IBM's stock to rise. Analysts' target prices align with this sentiment, suggesting potential upside. The current stock price and RSI indicators provide additional context for short-term movements.
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