IBM Unusual Options Activity For December 23 – IBM (NYSE:IBM)

IBM Unusual Options Activity For December 23 – IBM (NYSE:IBM)

By Benzinga Insights
Publication Date: 2025-12-23 19:01:00

Deep-pocketed investors have adopted a bullish approach towards IBM (NYSE:IBM), and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in IBM usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga’s options scanner highlighted 50 extraordinary options activities for IBM. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 52% leaning bullish and 30% bearish. Among these notable options, 13 are puts, totaling $1,096,851, and 37 are calls, amounting to $3,245,063.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $150.0 to $400.0 for IBM over the last 3 months.

Volume & Open Interest Trends

In today’s…