IBM
BEARISH WINBest favourable move during the 30-day window.
- Entry
- $215.04
- Target
- $204.23
- Stop
- $225.85
IBM shows a bearish setup supported by elevated options activity, directional flow, and the current price backdrop. The suggested long put uses an entry near $215.04, targets $204.23, and uses $225.85 as the risk level, so the trade has a defined upside case and a clear point where the thesis should be reevaluated. Supporting factors include near 52w low, strong momentum, and clean breakout. Because this is a time-sensitive idea over roughly 720 hours, it should be sized carefully and revisited if price moves through the risk level or the supporting flow fades.