I have been posting about IBM and the IBM calls over the months. Last week I said there would probably be a few days of pullback after the gap created by the upside surge from the news about splitting up the company. We have gotten the pullback and it would take only a little more downside to completely fill the gap. My experience tells me that when a stock has a huge upside gap on news, OTHER than an actual takeover bid, the sooner and faster that the gap gets filled the better. You want to get it out of the way. I strongly recommend buying IBM and IBM calls anywhere below 125. My target for the next few months is 150.