In yesterday’s post I said that because of the gap caused by the sharply higher open, one should wait to buy on a pullback. This is the pullback. Buy the Oct 23rd 130-135 calls. You will get the catalyst from the earnings release scheduled for Oct. 19th. The stock should be between 135-140 by that expiration. If you want to go all the way to the election then buy the Nov6th calls.I can see IBM getting to between 140-150 by the election.