In my Sept. 15th post, “Lets Do It Again” I recommended buying the IBM Nov 130 calls. After a few starts and stops IBM is breaking out today on news of spinning off part of the company. Once again the chart leads the news. I had no idea they would be doing anything like this but the chaart and the over 5% yield that I emphasized, told me it was going much higher. If you bought the Nov calls sell half anywhere near 140 on the stock. In a couple of days, if the stock pulls back a bit considering the huge opening gap expected today, buy the Nov 140 calls. The stock should reach at least 150 by the Nov. expiration, more likely by the election as IBM helps the DJIA reach my 30,000 target.