IBM

IBM

International Business Machines Corp
Technology
$232.67 +1.67% As of Aug 19, 1:10 AM
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Trade Idea

Strategy
Bull Call
Strikes
$215/220
Expiration
Jun 26
Target ROI
100.0%
Trade Reasoning
The current price of IBM at $219.88 is just below the $220 strike price, positioning this trade advantageously as the stock is likely to rise with momentum. The absence of technical risk factors confirms a stable environment for upward movement, making this a favorable entry point. The ATM bull call spread structure offers an attractive risk/reward profile, allowing for substantial profit potential while limiting downside risk with a defined loss. 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

Downtrend Intact: IBM Rejected at EMAs, Trades $232.67

Bearish
Aug 19, 2026 at 1:10 AM $232.67 (+1.67%)

Shares of International Business Machines Corp (IBM) rose 1.67% to $232.67 on August 19.

From a technical standpoint, the outlook appears mixed:

Moving Averages Price sits below both the 9-day ($233.07) and 21-day ($234.31) EMAs, suggesting short-term weakness.
Momentum RSI at 44.8 is in neutral territory. MACD is bullish (-3.03 vs signal -4.93).
Volatility Bollinger Band width at 17.2% indicates normal volatility.

While EMAs remain bearish, positive MACD divergence hints at potential support around $207.99.

Traders are watching $207.99 on the downside and $247.25 on the upside.

Momentum Shifts Higher in IBM at $232.67

Bullish
Aug 18, 2026 at 9:01 PM $232.67 (+1.67%)

IBM Slips Below Moving Averages, Testing $228.85

Bearish
Aug 18, 2026 at 1:34 AM $228.85 (-2.34%)

IBM Technicals Deteriorate at $228.85 Level

Bearish
Aug 17, 2026 at 9:02 PM $228.85 (-2.34%)

MACD Confirms IBM Uptrend at $234.32

Bullish
Aug 17, 2026 at 12:29 AM $234.32 (-1.19%)
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 -54
Trade Date May 20, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.