NEW Tour v251
IBM
IBM CORP
$286.25 +1.79%
$285.56 (-0.24%)🌙
as of 07/01 06:35 PM
(6/30 18:32) ◀
|
Wednesday, July 1, 2026 (6:35pm)
January 2026
|
▶ (7/2 18:34)
◀ 7/1 18:35 ▶

Option Volume

Detail
ℹ
Current (07/01) 106,759
Calls: 87,475 (82%)
Puts: 19,284 (18%)
Prior (06/30) 60,620
Calls: 47,208 (78%)
Puts: 13,412 (22%)
Current vs Prior +76.11%
Calls: +85.30% (Calls)
Puts: +43.78% (Puts)
Prior 7-Day Total 772,356
Calls: 657,142 (85%)
Puts: 115,214 (15%)
Prior 7-Day Average 110,336
Calls: 93,877 (85%)
Puts: 16,459 (15%)
Current vs Prior 7-Day Avg -3.24%
Calls: -6.82%
Puts: +17.16%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (07/01) $81.01M
Calls: $64.33M (79%)
Puts: $16.67M (21%)
Prior (06/30) $45.10M
Calls: $38.56M (86%)
Puts: $6.54M (14%)
Current vs Prior +79.63%
Calls: +66.85%
Puts: +155.02%
Prior 7-Day Total $440.58M
Calls: $353.77M (80%)
Puts: $86.81M (20%)
Prior 7-Day Average $62.94M
Calls: $50.54M (80%)
Puts: $12.40M (20%)
Current vs Prior 7-Day Avg +28.71%
Calls: +27.30%
Puts: +34.46%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/01) 0.22
Prior (06/30) 0.28
Current vs Prior -22.40%
Prior 7-Day Average 0.21
Current vs Prior 7-Day Avg +4.02%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (07/01) 427,940
Calls: 287,213 (67%)
Puts: 140,727 (33%)
Prior (06/30) 394,932
Calls: 265,759 (67%)
Puts: 129,173 (33%)
Current vs Prior +8.36%
Prior 7-Day Total 2,844,382
Calls: 1,890,941 (66%)
Puts: 953,441 (34%)
Prior 7-Day Average 406,340
Calls: 270,134 (66%)
Puts: 136,205 (34%)
Current vs Prior 7-Day Avg +5.32%
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 5.67% | 7.92%5.67% | 7.92%7.92% | 15.76%
Prior 3.35% | 6.01%-- | ---- | --
Current vs Prior -23.16% | -5.71%-- | ---- | --
Prior 7-Day Avg 3.96% | 6.20%-- | ---- | --
Current vs 7-Day Avg -35.12% | -8.56%-- | ---- | --
Prior 7-Day Eod 3.35% | 6.01%-- | ---- | --
Current vs 7-Day Eod -23.16% | -5.71%-- | ---- | --
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 21.92% | 18.59%
Calls: 17.68% | 16.26%
Puts: 26.16% | 20.92%
Current vs 7-Day Avg +81.43% | +56.52%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 79% of dollar volume in calls ($64.33M) vs puts ($16.67M). Elevated premium activity with dollar volume up 80% vs prior. Above-average activity with volume up 76% vs prior. Extreme bullish P/C ratio of 0.22 - heavy call buying (87,475 calls vs 19,284 puts).

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 74 of results (avg 7.3%, best 3.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Jul 175.005.15$5.083.0%8.0K0.3213.8K
$230.00Jul 1055.9558.45$57.204.4%70.999
$230.00Jul 255.2557.80$56.534.5%80.9917
$230.00Jul 1756.0558.65$57.354.5%10.98--
$280.00Jul 2418.9519.85$19.404.6%2330.59201
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$325.00Jul 1738.1040.20$39.155.4%10.89--
$290.00Jul 1711.3512.00$11.685.6%4710.54604
$285.00Jul 3116.0017.10$16.556.6%70.4611
$280.00Jul 2412.0012.85$12.436.8%850.4164
$275.00Jul 3111.3012.15$11.737.2%1310.3622

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.54, cheapest $0.24)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Jul 20.220.25$0.2412.5%10.0K0.064.2K
$297.50Jul 20.360.39$0.387.9%8890.1065
$295.00Jul 20.550.66$0.6118.0%6.1K0.151.5K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Jul 170.821.00$0.9119.8%1660.072.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 108 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$235.00Jul 250.2552.80$51.534.9%171.0026
$240.00Jul 245.5547.85$46.704.9%101.00335
$245.00Jul 240.7542.85$41.805.0%21.00--
$252.50Jul 232.4035.35$33.888.7%101.0062
$257.50Jul 228.2030.35$29.287.3%121.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$305.00Jul 217.3019.80$18.5513.5%11.00--
$300.00Jul 212.4014.85$13.6318.0%130.9659
$307.50Jul 219.8022.20$21.0011.4%10.95--
$297.50Jul 210.1012.65$11.3822.4%10.92--
$330.00Jul 1742.2545.50$43.887.4%160.91--

Most actively traded options today. High liquidity = easy entry/exit. 283 active (total vol 80.4K, top 10.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Jul 20.220.25$0.2412.5%10.0K0.064.2K
$300.00Jul 175.005.15$5.083.0%8.0K0.3213.8K
$295.00Jul 20.550.66$0.6118.0%6.1K0.151.5K
$290.00Jul 21.421.78$1.6022.5%5.8K0.331.8K
$310.00Jul 20.060.11$0.0955.6%3.3K0.02932
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$285.00Jul 21.852.50$2.1730.0%1.1K0.4177
$295.00Jul 1714.1015.85$14.9811.7%8150.61775
$282.50Jul 21.071.66$1.3743.1%7340.2918
$270.00Jul 20.050.14$0.1090.0%6340.031.1K
$265.00Jul 172.342.75$2.5516.1%5710.181.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 64 strikes (avg 69.1%, max 274.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$230.00Jul 2Jul 17196.9%53.8%265.9%917
$340.00Jul 2Aug 7173.0%51.9%233.4%1133
$335.00Jul 2Aug 7156.1%54.3%187.4%3371
$325.00Jul 2Aug 7135.4%53.5%153.3%45136
$235.00Jul 2Jul 17128.8%54.5%136.4%2726
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$237.50Jul 2Jul 17200.9%53.6%274.8%12131
$230.00Jul 2Aug 7196.9%55.0%258.1%14196
$242.50Jul 2Jul 17155.7%46.5%235.1%4227
$235.00Jul 2Jul 31128.8%56.7%127.2%129507
$240.00Jul 2Aug 7116.1%53.1%118.5%28434

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 164 found (best R:R 30.25, avg 5.86)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$330.00$335.00Jul 24$0.18$4.82$0.1826.78$330.18
$335.00$340.00Jul 17$0.19$4.81$0.1925.32$335.19
$302.50$305.00Jul 2$0.11$2.39$0.1121.73$302.61
$327.50$330.00Jul 10$0.11$2.39$0.1121.73$327.61
$330.00$335.00Jul 17$0.22$4.78$0.2221.73$330.22
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$235.00$230.00Jul 24$0.16$4.84$0.1630.25$234.84
$245.00$240.00Jul 10$0.17$4.83$0.1728.41$244.83
$262.50$260.00Jul 2$0.10$2.40$0.1024.00$262.40
$235.00$230.00Jul 17$0.21$4.79$0.2122.81$234.79
$242.50$240.00Jul 2$0.11$2.39$0.1121.73$242.39

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 217 found (best R:R 37.46, avg 2.34)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$245.00$250.00Jul 17$4.87$4.87$0.1337.46$249.87
$235.00$240.00Jul 2$4.83$4.83$0.1728.41$239.83
$235.00$240.00Jul 10$4.75$4.75$0.2519.00$239.75
$240.00$245.00Jul 10$4.75$4.75$0.2519.00$244.75
$252.50$255.00Jul 2$2.35$2.35$0.1515.67$254.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$315.00$310.00Jul 10$4.78$4.78$0.2221.73$310.22
$325.00$320.00Jul 17$4.77$4.77$0.2320.74$320.23
$330.00$325.00Jul 17$4.73$4.73$0.2717.52$325.27
$300.00$297.50Jul 2$2.25$2.25$0.259.00$297.75
$320.00$310.00Jul 17$8.53$8.53$1.475.80$311.47

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 65 found (avg debit $1.93, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$325.00Jul 2Jul 10$0.19135.4%48.2%
$335.00Jul 2Jul 10$0.24156.1%57.1%
$330.00Jul 2Jul 10$0.33102.8%50.2%
$235.00Jul 2Jul 10$0.42128.8%57.7%
$240.00Jul 2Jul 10$0.50116.1%50.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$230.00Jul 2Jul 10$0.05196.9%66.5%
$237.50Jul 2Jul 10$0.06200.9%66.5%
$240.00Jul 2Jul 10$0.08116.1%50.6%
$235.00Jul 2Jul 10$0.11128.8%57.7%
$245.00Jul 2Jul 10$0.25103.6%53.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 106 found (cheapest 2.08% of stock, avg 10.38%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$285.00Jul 2$3.78$2.17$5.95$279.05$290.952.08%
$287.50Jul 2$2.49$3.58$6.07$281.43$293.572.12%
$290.00Jul 2$1.60$4.93$6.53$283.47$296.532.28%
$282.50Jul 2$5.43$1.37$6.80$275.70$289.302.38%
$292.50Jul 2$0.95$6.82$7.77$284.73$300.272.71%
$280.00Jul 2$7.33$0.77$8.10$271.90$288.102.83%
$295.00Jul 2$0.61$8.82$9.43$285.57$304.433.29%
$277.50Jul 2$9.52$0.40$9.92$267.58$287.423.47%
$297.50Jul 2$0.38$11.38$11.76$285.74$309.264.11%
$275.00Jul 2$11.58$0.24$11.82$263.18$286.824.13%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.22% of stock, avg 5.44%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$297.50$275.00Jul 2$0.38$0.24$0.62$274.38$298.12
$297.50$277.50Jul 2$0.38$0.40$0.78$276.72$298.28
$295.00$275.00Jul 2$0.61$0.24$0.85$274.15$295.85
$295.00$277.50Jul 2$0.61$0.40$1.01$276.49$296.01
$297.50$280.00Jul 2$0.38$0.77$1.15$278.85$298.65
$292.50$275.00Jul 2$0.95$0.24$1.19$273.81$293.69
$292.50$277.50Jul 2$0.95$0.40$1.35$276.15$293.85
$295.00$280.00Jul 2$0.61$0.77$1.38$278.62$296.38
$292.50$280.00Jul 2$0.95$0.77$1.72$278.28$294.22
$297.50$282.50Jul 2$0.38$1.37$1.75$280.75$299.25

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 244 found (best R:R 44.45, avg credit $3.60)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
275/280290/295Jul 31$4.89$0.1144.45$275.11$294.89
245/250265/270Aug 7$4.89$0.1144.45$245.11$269.89
250/255260/265Jul 24$4.85$0.1532.33$250.15$264.85
240/242255/258Jul 2$2.36$0.1416.86$240.14$257.36
260/265275/280Jul 24$4.72$0.2816.86$260.28$279.72
248/250262/265Jul 17$2.34$0.1614.63$247.66$264.84
248/250260/262Jul 10$2.34$0.1614.62$247.66$262.34
258/260265/268Jul 17$2.33$0.1713.71$257.67$267.33
250/252262/265Jul 17$2.32$0.1812.89$250.18$264.82
255/258262/265Jul 17$2.32$0.1812.89$255.18$264.82

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 133 found (best R:R 82.33, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$240.00$245.00$250.00Jul 17$0.06$4.9482.33
$270.00$275.00$280.00Jul 31$0.06$4.9482.33
$305.00$310.00$315.00Jul 17$0.07$4.9370.43
$280.00$285.00$290.00Jul 24$0.07$4.9370.43
$320.00$325.00$330.00Jul 31$0.07$4.9370.43
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$290.00$295.00$300.00Jul 24$0.08$4.9261.50
$240.00$245.00$250.00Jul 24$0.10$4.9049.00
$282.50$285.00$287.50Jul 10$0.06$2.4440.67
$290.00$295.00$300.00Jul 17$0.12$4.8840.67
$265.00$270.00$275.00Jul 24$0.13$4.8737.46

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 130 found (best net $-1.10, 118 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$315.00$320.001:2Jul 2-$0.01$4.99
$335.00$340.001:2Jul 2-$0.29$4.71
$330.00$335.001:2Jul 2-$0.40$4.60
$320.00$325.001:2Jul 2-$0.49$4.51
$335.00$340.001:2Jul 17-$0.50$4.50
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$240.00$230.001:2Aug 7-$1.10$8.90
$250.00$245.001:2Jul 2$0.00$5.00
$235.00$230.001:2Jul 17-$0.07$4.93
$235.00$230.001:2Jul 10-$0.22$4.78
$235.00$230.001:2Jul 2-$0.23$4.77

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 67 found (best yield 5.61%, avg 1.74%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$290.00Aug 7$16.050.511.3%5.61%6.92%5120
$290.00Jul 31$15.800.501.3%5.52%6.83%64109
$295.00Aug 7$14.150.473.1%4.94%8.00%117
$295.00Jul 31$13.750.463.1%4.80%7.86%19242
$290.00Jul 24$13.500.491.3%4.72%6.03%113262
$300.00Aug 7$12.850.434.8%4.49%9.29%3046
$295.00Jul 24$12.000.453.1%4.19%7.25%173103
$300.00Jul 31$11.600.424.8%4.05%8.86%219694
$305.00Aug 7$10.250.396.5%3.58%10.13%317
$300.00Jul 24$10.150.404.8%3.55%8.35%208971

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 87,475
Total Puts 19,284
Put/Call Ratio 0.22
Net Difference 68,191

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 657,142
Total Puts 115,214
Average Put/Call Ratio 0.21
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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