🎯 IBM Options Strategy: Bull Call Spread
Hello everyone! Today i want to share some option strategies with you!
🎯 $IBM(IBM)$ Options Strategy: Bull Call Spread
- Underlying: IBM
- View: Cautiously optimistic, expecting a continuation of the recent bullish momentum towards the $260-$265 zone, but aware of overbought RSI and major resistance at $304.72.
- Strategy Type: Debit Spread / Directional Bullish
- Option Contract Portfolio:
- Buy 1 IBM May 15, 2026 $255.00 Call
- Sell 1 IBM May 15, 2026 $265.00 Call
- Max Gain & Loss:
- Max Gain: Limited to ($265 - $255) - Net Debit Paid = $10 - Net Debit
- Max Loss: Limited to the Net Debit Paid.
- Initial Cost/Credit: Net Debit. (Estimated ~$5.70 based on mid-prices: Buy $255 Call @ ~$0.57, Sell $265 Call @ ~$0.09 → Debit ~$0.48 per spread).
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