it expires today, needs to get to $184.50-60 b4 it starts to percolate and need to do it b4 2:30 or in the next 2 hrs, if it break $185 will be no premium today just whatever it trades to, make sure if it goes ITM u close em out or u might be foreced to buy a chit load of IBM stock!! :-)
This is where the option Greeks come in, check out the delta, this is how much your option value will gain on a dollar increase on the stock. Once the stock is above your strike price, you are in the money and will see an increase in your option value as the stock goes up.
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