March 13, 2013

IBM (IBM)


Bias: Bullish
Price Target $217


We feel bullish on IBM and want to purchase a call vertical to take advantage of the possible move higher.


BUY To OPEN 2 IBM Apr-20 215 Calls trading at $2.54
SELL To OPEN 2 IBM Apr-20 220 Calls trading at $1.11


IBM is now trading at $211.41
This spread is now trading at $1.43
The Total Debit of this trade is $2.86


Day Order Only

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