NEW Tour v246
IBM
IBM CORP
$281.21 +1.15%
$281.50 (+0.10%)🌙
as of 06/30 06:32 PM
(6/29 18:35) ◀
|
Tuesday, June 30, 2026 (6:32pm)
January 2026
|
▶ (7/1 18:35)
◀ 6/30 18:32 ▶

Option Volume

Detail
ℹ
Current (06/30) 60,620
Calls: 47,208 (78%)
Puts: 13,412 (22%)
Prior (06/29) 73,652
Calls: 53,899 (73%)
Puts: 19,753 (27%)
Current vs Prior -17.69%
Calls: -12.41% (Calls)
Puts: -32.10% (Puts)
Prior 7-Day Total 817,273
Calls: 682,423 (84%)
Puts: 134,850 (16%)
Prior 7-Day Average 116,753
Calls: 97,489 (84%)
Puts: 19,264 (16%)
Current vs Prior 7-Day Avg -48.08%
Calls: -51.58%
Puts: -30.38%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (06/30) $45.10M
Calls: $38.56M (86%)
Puts: $6.54M (14%)
Prior (06/29) $47.89M
Calls: $40.13M (84%)
Puts: $7.75M (16%)
Current vs Prior -5.82%
Calls: -3.92%
Puts: -15.66%
Prior 7-Day Total $469.35M
Calls: $359.12M (77%)
Puts: $110.23M (23%)
Prior 7-Day Average $67.05M
Calls: $51.30M (77%)
Puts: $15.75M (23%)
Current vs Prior 7-Day Avg -32.74%
Calls: -24.84%
Puts: -58.48%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (06/30) 0.28
Prior (06/29) 0.37
Current vs Prior -22.48%
Prior 7-Day Average 0.24
Current vs Prior 7-Day Avg +20.11%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (06/30) 394,932
Calls: 265,759 (67%)
Puts: 129,173 (33%)
Prior (06/29) 370,808
Calls: 249,977 (67%)
Puts: 120,831 (33%)
Current vs Prior +6.51%
Prior 7-Day Total 2,917,720
Calls: 1,900,225 (65%)
Puts: 1,017,495 (35%)
Prior 7-Day Average 416,817
Calls: 271,460 (65%)
Puts: 145,356 (35%)
Current vs Prior 7-Day Avg -5.25%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (07/10) | Next (07/17)Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 6.01% | 8.08%6.01% | 8.08%8.08% | 15.42%
Prior 4.06% | 6.35%-- | ---- | --
Current vs Prior -17.53% | -5.29%-- | ---- | --
Prior 7-Day Avg 4.19% | 6.28%-- | ---- | --
Current vs 7-Day Avg -20.22% | -4.29%-- | ---- | --
Prior 7-Day Eod 4.06% | 6.35%-- | ---- | --
Current vs 7-Day Eod -17.53% | -5.29%-- | ---- | --
Sentiment BULLISH----

Relative Spread

Detail
ℹ
Expiry | Next
Current 39.77% | 29.09%
Calls: 30.77% | 24.57%
Puts: 48.78% | 33.62%
Prior 39.77% | 29.09%
Calls: 30.77% | 24.57%
Puts: 48.78% | 33.62%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 18.12% | 16.16%
Calls: 15.57% | 14.63%
Puts: 20.67% | 17.70%
Current vs 7-Day Avg +119.50% | +80.00%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 86% of dollar volume in calls ($38.56M) vs puts ($6.54M). Extreme bullish P/C ratio of 0.28 - heavy call buying (47,208 calls vs 13,412 puts). P/C ratio dropping 22% - sentiment shifting bullish. Call-heavy open interest (265,759 calls vs 129,173 puts) suggests bullish positioning.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
⏰ Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
⚡ Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 87 of results (avg 7.1%, best 1.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$305.00Jul 172.802.85$2.831.8%1780.20814
$300.00Jul 173.703.85$3.784.0%6.3K0.2614.2K
$262.50Jul 1722.4523.40$22.924.1%30.79179
$265.00Jul 1720.5521.50$21.034.5%2140.761.2K
$275.00Jul 1713.8514.50$14.184.6%4140.623.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$330.00Jul 247.2049.20$48.204.1%11.00--
$270.00Jul 175.105.35$5.234.8%700.311.9K
$290.00Jul 1714.2514.95$14.604.8%290.61615
$287.50Jul 27.708.20$7.956.3%40.71--
$325.00Jul 1742.3045.05$43.686.3%10.93236

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.65, cheapest $0.30)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Jul 20.270.32$0.3016.7%3.6K0.062.5K
$292.50Jul 20.820.97$0.9016.7%6590.16104
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$270.00Jul 20.690.80$0.7514.7%1.3K0.141.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 88 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Jul 241.0042.95$41.984.6%10.99336
$235.00Jul 245.7047.95$46.834.8%30.9923
$245.00Jul 236.0037.95$36.985.3%20.99--
$255.00Jul 226.0527.95$27.007.0%20.98--
$250.00Jul 230.7033.00$31.857.2%40.98157
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$312.50Jul 229.6531.80$30.737.0%11.00--
$330.00Jul 247.2049.20$48.204.1%11.00--
$300.00Jul 217.3019.70$18.5013.0%60.9456
$325.00Jul 1742.3045.05$43.686.3%10.93236
$295.00Jul 212.6515.10$13.8817.7%60.89--

Most actively traded options today. High liquidity = easy entry/exit. 255 active (total vol 44.2K, top 6.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Jul 173.703.85$3.784.0%6.3K0.2614.2K
$285.00Jul 22.512.67$2.596.2%5.3K0.373.6K
$300.00Jul 20.270.32$0.3016.7%3.6K0.062.5K
$280.00Jul 24.704.95$4.835.2%2.3K0.561.7K
$290.00Jul 21.191.30$1.258.8%1.8K0.211.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$270.00Jul 20.690.80$0.7514.7%1.3K0.141.0K
$265.00Jul 20.240.42$0.3354.5%1.2K0.07452
$260.00Jul 20.100.36$0.23113.0%5680.041.1K
$275.00Jul 21.511.77$1.6415.9%3850.26677
$285.00Jul 1711.2011.95$11.586.5%3170.53812

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 55 strikes (avg 43.9%, max 161.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$335.00Jul 2Jul 31138.5%52.9%161.6%2360
$235.00Jul 2Jul 17103.1%52.0%98.3%1323
$325.00Jul 2Aug 794.2%50.4%86.7%8125
$245.00Jul 2Jul 1788.9%48.5%83.3%251.1K
$252.50Jul 2Jul 1781.8%45.4%80.0%662
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$225.00Jul 2Aug 7136.2%58.0%134.7%6337
$230.00Jul 2Aug 7123.5%55.4%122.8%49243
$242.50Jul 2Jul 17101.7%48.8%108.2%10224
$247.50Jul 2Jul 1791.4%47.2%93.9%33268
$235.00Jul 2Jul 31103.1%56.7%81.9%92486

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 157 found (best R:R 34.71, avg 5.45)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$315.00$320.00Jul 10$0.14$4.86$0.1434.71$315.14
$325.00$330.00Jul 17$0.14$4.86$0.1434.71$325.14
$320.00$325.00Jul 10$0.18$4.82$0.1826.78$320.18
$307.50$310.00Jul 2$0.12$2.38$0.1219.83$307.62
$320.00$325.00Jul 17$0.30$4.70$0.3015.67$320.30
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$237.50$230.00Jul 10$0.30$7.20$0.3024.00$237.20
$240.00$235.00Jul 17$0.22$4.78$0.2221.73$239.78
$240.00$230.00Aug 7$0.50$9.50$0.5019.00$239.50
$242.50$240.00Jul 2$0.13$2.37$0.1318.23$242.37
$252.50$250.00Jul 10$0.13$2.37$0.1318.23$252.37

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 202 found (best R:R 45.30, avg 2.74)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$230.00$235.00Jul 17$4.88$4.88$0.1240.67$234.88
$225.00$230.00Jul 17$4.87$4.87$0.1337.46$229.87
$235.00$240.00Jul 2$4.85$4.85$0.1532.33$239.85
$235.00$240.00Jul 17$4.80$4.80$0.2024.00$239.80
$250.00$260.00Jul 10$9.58$9.58$0.4222.81$259.58
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$312.50$300.00Jul 2$12.23$12.23$0.2745.30$300.27
$300.00$295.00Jul 2$4.62$4.62$0.3812.16$295.38
$325.00$305.00Jul 17$18.10$18.10$1.909.53$306.90
$292.50$290.00Jul 10$2.23$2.23$0.278.26$290.27
$295.00$290.00Jul 2$4.40$4.40$0.607.33$290.60

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 63 found (avg debit $1.84, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$335.00Jul 2Jul 17$0.07138.5%47.6%
$325.00Jul 2Jul 10$0.1594.2%46.4%
$330.00Jul 2Jul 10$0.2186.8%49.6%
$320.00Jul 2Jul 10$0.3879.8%46.5%
$315.00Jul 2Jul 10$0.5467.9%44.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$225.00Jul 2Jul 10$0.06136.2%63.8%
$230.00Jul 2Jul 10$0.07123.5%58.9%
$242.50Jul 2Jul 10$0.14101.7%50.0%
$240.00Jul 2Jul 10$0.2186.9%51.0%
$245.00Jul 2Jul 10$0.3788.9%51.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 85 found (cheapest 2.89% of stock, avg 10.34%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$282.50Jul 2$3.55$4.58$8.13$274.37$290.632.89%
$280.00Jul 2$4.83$3.35$8.18$271.82$288.182.91%
$285.00Jul 2$2.59$6.15$8.74$276.26$293.743.11%
$277.50Jul 2$6.58$2.50$9.08$268.42$286.583.23%
$287.50Jul 2$1.84$7.95$9.79$277.71$297.293.48%
$275.00Jul 2$8.30$1.64$9.94$265.06$284.943.53%
$290.00Jul 2$1.25$9.48$10.73$279.27$300.733.82%
$272.50Jul 2$10.40$1.12$11.52$260.98$284.024.10%
$270.00Jul 2$12.48$0.75$13.23$256.77$283.234.70%
$295.00Jul 2$0.64$13.88$14.52$280.48$309.525.16%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.59% of stock, avg 5.15%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$292.50$270.00Jul 2$0.90$0.75$1.65$268.35$294.15
$290.00$270.00Jul 2$1.25$0.75$2.00$268.00$292.00
$292.50$272.50Jul 2$0.90$1.12$2.02$270.48$294.52
$290.00$272.50Jul 2$1.25$1.12$2.37$270.13$292.37
$292.50$275.00Jul 2$0.90$1.64$2.54$272.46$295.04
$287.50$270.00Jul 2$1.84$0.75$2.59$267.41$290.09
$290.00$275.00Jul 2$1.25$1.64$2.89$272.11$292.89
$287.50$272.50Jul 2$1.84$1.12$2.96$269.54$290.46
$285.00$270.00Jul 2$2.59$0.75$3.34$266.66$288.34
$292.50$277.50Jul 2$0.90$2.50$3.40$274.10$295.90

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 284 found (best R:R 82.33, avg credit $3.54)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
230/238250/260Jul 10$9.88$0.1282.33$227.62$259.88
240/245265/270Jul 24$4.90$0.1049.00$240.10$269.90
245/250255/260Jul 24$4.88$0.1240.67$245.12$259.88
242/245250/260Jul 10$9.75$0.2539.00$235.25$259.75
235/240255/260Jul 24$4.84$0.1630.25$235.16$259.84
265/270280/285Jul 24$4.82$0.1826.78$265.18$284.82
245/250260/265Jul 31$4.79$0.2122.81$245.21$264.79
230/232245/248Jul 17$2.39$0.1121.73$230.11$247.39
265/270275/280Jul 24$4.77$0.2320.74$265.23$279.77
265/268275/278Jul 10$2.38$0.1219.83$265.12$277.38

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 116 found (best R:R 82.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$280.00$285.00$290.00Jul 17$0.06$4.9482.33
$310.00$315.00$320.00Jul 17$0.07$4.9370.43
$230.00$235.00$240.00Jul 17$0.08$4.9261.50
$265.00$267.50$270.00Jul 2$0.05$2.4549.00
$315.00$320.00$325.00Jul 31$0.10$4.9049.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$265.00$267.50$270.00Jul 2$0.06$2.4440.67
$255.00$257.50$260.00Jul 10$0.06$2.4440.67
$255.00$260.00$265.00Jul 24$0.14$4.8634.71
$240.00$242.50$245.00Jul 17$0.10$2.4024.00
$290.00$295.00$300.00Jul 2$0.22$4.7821.73

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 136 found (best net $-1.21, 131 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$300.00$320.001:2Aug 7-$1.21$18.79
$230.00$255.001:2Jul 24-$12.11$12.89
$315.00$320.001:2Jul 2-$0.10$4.90
$320.00$325.001:2Jul 10-$0.10$4.90
$320.00$325.001:2Jul 2-$0.18$4.82
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$325.00$305.001:2Jul 17-$7.48$12.52
$315.00$295.001:2Jul 24-$8.16$11.84
$295.00$280.001:2Jul 24-$5.88$9.12
$240.00$230.001:2Aug 7-$2.38$7.62
$312.50$300.001:2Jul 2-$6.27$6.23

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 62 found (best yield 5.49%, avg 1.73%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$285.00Aug 7$15.450.511.4%5.49%6.84%9338
$285.00Jul 31$14.850.501.4%5.28%6.63%2054
$290.00Aug 7$13.950.473.1%4.96%8.09%1011
$285.00Jul 24$13.750.501.4%4.89%6.24%62107
$290.00Jul 31$13.250.463.1%4.71%7.84%19109
$290.00Jul 24$11.950.453.1%4.25%7.38%107312
$295.00Aug 7$11.300.424.9%4.02%8.92%8--
$295.00Jul 31$10.850.414.9%3.86%8.76%934
$300.00Aug 7$10.700.386.7%3.80%10.49%2--
$295.00Jul 24$10.000.414.9%3.56%8.46%2097

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 47,208
Total Puts 13,412
Put/Call Ratio 0.28
Net Difference 33,796

Prior's Put/Call Breakdown

Total Calls 53,899
Total Puts 19,753
Put/Call Ratio 0.37
Net Difference 34,146

Prior 7-Day Put/Call Summary

Total Calls 682,423
Total Puts 134,850
Average Put/Call Ratio 0.24
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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