"Big Blue" reports earnings after Wednesday's close and Rick Ducat drops by to look at IBM (IBM) technical conditions ahead of the release. He compares IBM to other tech companies to compare its performance over the past year. Rick looks at the $281 level as an area of support and resistance, and Rick notes a breakdown in momentum over the past month. Later, Tom White composes an example options trade using a neutral to bearish complex strategy. Tom demonstrates a combo of a call vertical and put calendar for his IBM example trade.
Morning Movers
22 Oct 2025
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