ThetaOwl

IBM AI Analysis Reports

International Business Machines

DirectionalTheta GangFlowEarnings
Directional
March 31, 2026

Neutral with a slight bearish tilt and a multi-week pinning dynamic between $240-$250. Confidence: 5/10. The regime is c

Confidence:5/10

Primary thesis: **Multi-week pinning between $240-$250**, fueled by positive GEX but challenged by bearish flow. Invalidation is a sustained break below $237.50. The regime favors **selling premium**

Based on market close March 31, 2026
Theta Gang
March 31, 2026

Attractiveness: 6.5/10

Confidence:5/10

Sell put spreads near major OI support levels, targeting 30-45 DTE.

Based on market close March 31, 2026
Flow
March 31, 2026

Bearish

Confidence:4.5/10

Spot breaks below $240 and sustains, or put flow continues with net premium remaining negative >$10M.

Based on market close March 31, 2026
Earnings
March 31, 2026

Earnings expected around 4/22 (implied by term structure). IV elevated for the 4/24 expiration (47.9% vs 35% pre-earning

Confidence:6.5/10

Sharp IV kink at 4/24 expiration confirms earnings premium; stock is below max pain with heavy bearish put flow at $290.

Based on market close March 31, 2026

Browse AI-powered options reports for IBM, including directional, theta gang, flow, and earnings analysis. Each report features regime classification, key price levels, strategy viability ratings, and specific trade recommendations updated daily.