IBM Options Trading Surges Amid Bullish Activity

On August 3rd, IBM Corp (IBM.US) saw significant options trading activity. A total of 72,646 contracts were traded on that day, with put options accounting for 20.73% and call options making up the remaining 79.27%. This suggests a strong interest in buying calls and selling puts.

The open interest in IBM Corp (IBM.US) as of the close of the day was approximately 796.81K contracts, which is 116.34% of the average over the past 30 trading days. This indicates that investors are holding onto their positions rather than closing them.

One unusual trade caught attention: a call option with a strike price of $270.00 expiring on September 18th, 2026 was traded for 1,066 contracts. This option had a turnover of $284.18K and ranked first among unusual trades for the day.