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TipRanks.com reports that IBM’s call volume is higher than usual and showing a bullish trend.

TipRanks.com reports that IBM’s call volume is higher than usual and showing a bullish trend.

Bullish options activity has been identified in IBM, with 21,584 calls traded, which is three times the expected amount. The implied volume has also increased by over 1 point to 16.82%. The most active options are the May 24 weekly 172.5 calls and the May 24 weekly 175 calls, with a total volume of close to 7,000 contracts. The Put/Call ratio is 0.15 and earnings are anticipated on July 24.

Article Source
https://www.tipranks.com/news/the-fly/ibm-call-volume-above-normal-and-directionally-bullish-2

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