IBM

IBM

International Business Machines Corp
Technology
$232.76 +0.60% As of Sep 23, 9:02 PM
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Trade Idea

Strategy
Bull Call
Strikes
$220/225
Expiration
Jun 12
Target ROI
100.0%
Trade Reasoning
The current stock price of $224.69 is just below the $225 strike, presenting an optimal entry point for a Bull Call Spread. This strategy allows us to capitalize on the anticipated price increase to at least $225, while the ATM structure effectively limits our risk exposure. The $220/$225 spread targets significant returns with a defined risk, ensuring we maintain our edge through disciplined trade management. Maya's edge comes from disciplined trade management—knowing when to exit is just as important as when to enter. Subscribe to get real-time open and close alerts that take the guesswork out of trading.

Technical Analysis

IBM Tightening Range Signals Pending Move at $232.76

Neutral
Sep 23, 2026 at 9:02 PM $232.76 (+0.60%)

International Business Machines Corp (IBM) gained 0.60% to finish at $232.76 on September 23.

Technical indicators paint a bearish picture:

Moving Averages Moving averages are stacked bearishly—price below the 9-day at $234.93, resistance at 21-day ($235.67).
Momentum RSI at 45.1 is in neutral territory but trending lower. MACD reads -0.46 against its 0.26 signal line (bearish).
Volatility Volatility has been compressing for 20 sessions (TTM Squeeze active), often a precursor to directional moves.
Key levels to watch: Support at $224.97, Resistance at $246.88.

IBM Tightening Range Signals Pending Move at $231.38

Neutral
Sep 22, 2026 at 9:02 PM $231.38 (-0.24%)

IBM Volatility Compresses at $231.93, Breakout Watch

Neutral
Sep 21, 2026 at 9:02 PM $231.93 (+1.04%)

IBM Coils in TTM Squeeze at $229.55, Breakout Imminent

Neutral
Sep 20, 2026 at 12:36 AM $229.55 (-3.45%)

IBM Consolidation Compresses at $229.55

Neutral
Sep 19, 2026 at 12:12 AM $229.55 (-3.45%)
Systematic technical analysis • Updated daily after market close

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Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp -103
Trade Date May 11, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.