With the Federal Reserve expected to cut interest rates midweek, markets sit in cautious mode. The recent run-up in equity-index levels has pushed many names close to technical resistance.

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📊 IBM → 12/12 $302.5 PUT

Metric	Value
Δ	-0.23
Premium	$1.53
IV	32
Return	0.51%
AY	62%
PoP	81%
Spread	9%
Cushion	2%
RSI	58
ADX	20
Collateral	$30.2k
MLABS Score	61.3

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