IBM

IBM

International Business Machines Corp
Technology
$222.64 -1.33% As of Oct 3, 1:58 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

Technical Damage Mounts for IBM at $222.64

Bearish
Oct 3, 2026 at 1:58 AM • $222.64 (-1.33%)

The stock of International Business Machines Corp (IBM) dropped 1.33% to close at $222.64 on October 3.

Chart analysis reveals a bearish configuration:

Momentum RSI at 42.4 is in neutral territory but trending higher. MACD is bearish (-3.73 vs signal -2.45).
Moving Averages The stock trades below its 9-day EMA ($225.33) with the 21-day ($229.43) acting as overhead resistance.
Volatility Bollinger Band width at 14.6% indicates normal volatility.

Watch $215.20 as support and $249.20 as resistance.

Downtrend Intact: IBM Rejected at EMAs, Trades $222.64

Bearish
Oct 2, 2026 at 9:02 PM • $222.64 (-1.33%)

IBM Stalls at $225.62 Amid Bearish EMAs

Bearish
Oct 1, 2026 at 9:02 PM • $225.62 (+2.59%)

IBM Pressured at $219.93 Under Bearish EMA Stack

Bearish
Sep 30, 2026 at 9:02 PM • $219.93 (-0.03%)

IBM Fails to Reclaim Moving Averages Near $219.99

Bearish
Sep 29, 2026 at 9:02 PM • $219.99 (-0.31%)
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 -99
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.