Some rich people think IBM's stock price will go up or down soon, so they are buying or selling options (which are like bets on the stock price) in big amounts. They don't know if they're right or wrong, but they hope to make money if their guess is correct. This makes other people interested in what they're doing, because they might also want to make money from IBM's stock price changes. Read from source...
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Investors should always conduct their own research and due diligence before making any investment decisions. The content of this article is for informational purposes only and should not be construed as a recommendation or offer to buy or sell any securities mentioned. Benzinga is not a registered investment advisor, and nothing in this article should be considered as personalized financial advice.