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Bearish play with a target stock price of $320 or below

Strategy has +15% upside potential and 293% overvalued

Unusual Option Volume

IBM International Business Machines305.39-23.84 (-7.2%)

International Business Machines trades 31,386 contracts. IBM will report earnings on Jul 22, 2026. The company has the following event: Web Summit Lisbon 2026 on Nov 10, 2026. News: IBM Launches Global AI Builders Challenge With IBM Bob for University Students, Expanding Availability of IBM Bob to 20,000 Post-Secondary Institutions Worldwide

Outlook is neutral, with stock confined to a span of ±2%

Strategy has +76% ROI potential and 90% overvalued

Bullish play with a target stock price of $325 or above

Strategy has +61% upside potential and 9% undervalued

Unusual Option Volume

IBM International Business Machines316.27-4.15 (-1.3%)

International Business Machines trades 27,534 contracts. IBM will report earnings on Jul 22, 2026. The company has the following event: Web Summit Lisbon 2026 on Nov 10, 2026. News: IBM Commits More Than $10 Billion to Quantum Computing, Funding Its Roadmap from Today's Leading Systems to the World's First Fault-Tolerant Quantum Computers

Outlook is neutral, with stock confined to a range of ±5%

Strategy has +69% ROI potential and 172% overvalued

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