Volume is 30 times avg on the 200 calls and 30 X on the 180 and 200 strike puts. The big money is betting IBM has bottomed or very near. Sold 5-MAY-180 puits naked here at $1.18.Thank you for buying my fear insurance.
Bottomed for the year ? Not even close.
Sentiment: Strong Sell
sold 180 strike? why not 190 after this huge drop? you sure you're not the one who's fearful?