Bullish on IBM? Here’s The Trade

Jon Lewis

IBM [stock_market_widget type=”inline” symbol=”IBM” template=”basic” color=”default”] announced earnings on October 16th and the stock sold off during the recent market correction.

But Implied Volatility remains high in IBM and that’s good for option sellers. If you are bullish on IBM you’re in luck. The puts are throwing off more premium then the calls and in this post midterm election environment, this may be the right time to go long IBM.

Watch my latest Trade Scan video for the IBM trade details.

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About The Author

Meet Jon Lewis, With over 20 years of real experience, teaching AND trading, Jon will help you learn to use options profitably and safely in portfolios of any size.

His advantage, and now yours, is using simple, often overlooked spread options strategies which generate consistent income without significant risk.