Tour v293
IBM
IBM CORP
$299.52 +3.45%
$299.50 (-0.01%)🌙
as of 07/06 06:34 PM
(7/2 18:34) ◀
|
Monday, July 6, 2026 (6:34pm)
January 2026
|
▶ (7/7 18:36)
◀ 7/6 18:34 ▶

Option Volume

Detail
ℹ
Current (07/06) 76,924
Calls: 54,965 (71%)
Puts: 21,959 (29%)
Prior (07/02) 59,312
Calls: 44,032 (74%)
Puts: 15,280 (26%)
Current vs Prior +29.69%
Calls: +24.83% (Calls)
Puts: +43.71% (Puts)
Prior 7-Day Total 517,355
Calls: 409,543 (79%)
Puts: 107,812 (21%)
Prior 7-Day Average 86,225
Calls: 58,506 (79%)
Puts: 15,401 (21%)
Current vs Prior 7-Day Avg -10.79%
Calls: -6.05%
Puts: +42.58%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (07/06) $71.24M
Calls: $58.97M (83%)
Puts: $12.27M (17%)
Prior (07/02) $45.41M
Calls: $33.27M (73%)
Puts: $12.14M (27%)
Current vs Prior +56.89%
Calls: +77.25%
Puts: +1.08%
Prior 7-Day Total $330.31M
Calls: $255.68M (77%)
Puts: $74.63M (23%)
Prior 7-Day Average $55.05M
Calls: $36.53M (77%)
Puts: $10.66M (23%)
Current vs Prior 7-Day Avg +29.40%
Calls: +61.45%
Puts: +15.07%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/06) 0.40
Prior (07/02) 0.35
Current vs Prior +15.13%
Prior 7-Day Average 0.28
Current vs Prior 7-Day Avg +42.38%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (07/06) 437,323
Calls: 270,700 (62%)
Puts: 166,623 (38%)
Prior (07/02) 411,543
Calls: 272,506 (66%)
Puts: 139,037 (34%)
Current vs Prior +6.26%
Prior 7-Day Total 2,476,647
Calls: 1,654,744 (67%)
Puts: 821,903 (33%)
Prior 7-Day Average 412,774
Calls: 275,790 (67%)
Puts: 136,983 (33%)
Current vs Prior 7-Day Avg +5.95%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 4.65% | 7.24%7.24% | 15.22%
Prior 5.55% | 7.83%-- | --
Current vs Prior -16.26% | -7.43%-- | --
Prior 7-Day Avg 3.83% | 6.35%-- | --
Current vs 7-Day Avg +21.29% | +14.02%-- | --
Prior 7-Day Eod 5.55% | 7.83%-- | --
Current vs 7-Day Eod -16.26% | -7.43%-- | --
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 32.16% | 23.90%
Calls: 25.68% | 21.09%
Puts: 38.66% | 26.71%
Current vs 7-Day Avg +23.65% | +21.72%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 83% of dollar volume in calls ($58.97M) vs puts ($12.27M). Elevated premium activity with dollar volume up 57% vs prior. Extreme bullish P/C ratio of 0.40 - heavy call buying (54,965 calls vs 21,959 puts). Call-heavy open interest (270,700 calls vs 166,623 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 82 of results (avg 6.9%, best 1.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Jul 3117.7018.00$17.851.7%2310.53678
$245.00Jul 1754.2555.65$54.952.5%101.00--
$300.00Jul 179.159.40$9.282.7%3.2K0.5111.0K
$290.00Jul 1714.7015.20$14.953.3%6450.682.4K
$260.00Jul 1739.6041.00$40.303.5%1180.933.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$340.00Jul 3144.0046.60$45.305.7%30.77--
$310.00Jul 3122.3023.85$23.086.7%10.567
$317.50Jul 1018.5019.80$19.156.8%170.86--
$270.00Jul 316.056.55$6.307.9%50.22--
$300.00Jul 179.2010.00$9.608.3%7040.49761

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.69, cheapest $0.51)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$320.00Jul 100.790.93$0.8616.3%1.3K0.11390
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$275.00Jul 100.470.55$0.5115.7%1.2K0.07311
$277.50Jul 100.640.75$0.7015.7%6310.09682

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 102 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Jul 1058.1061.30$59.705.4%121.00194
$242.50Jul 1055.6058.75$57.185.5%41.005
$245.00Jul 1052.8556.35$54.606.4%61.0083
$250.00Jul 1048.2051.20$49.706.0%111.0098
$252.50Jul 1045.7548.45$47.105.7%61.0035
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$340.00Jul 1739.5043.25$41.389.1%10.92--
$330.00Jul 1730.2033.95$32.0811.7%80.86450
$317.50Jul 1018.5019.80$19.156.8%170.86--
$315.00Jul 1015.5018.45$16.9817.4%10.8340
$312.50Jul 1013.4516.05$14.7517.6%100.79--

Most actively traded options today. High liquidity = easy entry/exit. 268 active (total vol 56.6K, top 8.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$305.00Jul 103.804.00$3.905.1%8.5K0.37661
$310.00Jul 102.302.45$2.386.3%6.3K0.26533
$300.00Jul 105.656.10$5.887.7%3.6K0.492.3K
$300.00Jul 179.159.40$9.282.7%3.2K0.5111.0K
$320.00Jul 173.003.15$3.084.9%1.9K0.224.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$275.00Jul 100.470.55$0.5115.7%1.2K0.07311
$275.00Jul 171.852.10$1.9812.6%1.2K0.154.0K
$280.00Jul 172.302.95$2.6324.7%1.1K0.19825
$265.00Jul 100.120.30$0.2185.7%8610.03319
$295.00Jul 104.004.50$4.2511.8%7520.3862

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 32 strikes (avg 14.2%, max 46.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$350.00Jul 10Aug 1470.2%53.7%30.6%1.3K593
$240.00Jul 10Jul 3177.7%60.7%28.1%13194
$355.00Jul 10Aug 1465.2%53.8%21.1%4848
$265.00Jul 10Aug 762.3%51.5%21.0%16191
$255.00Jul 10Jul 3170.9%60.7%16.7%1146
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$240.00Jul 10Aug 1477.7%53.1%46.5%32104
$252.50Jul 10Jul 1779.3%57.7%37.4%15--
$257.50Jul 10Jul 1772.4%52.9%36.7%51660
$255.00Jul 10Aug 770.9%55.1%28.5%48269
$250.00Jul 10Aug 1466.0%55.1%19.8%3833.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 173 found (best R:R 34.71, avg 4.96)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$350.00$355.00Jul 17$0.14$4.86$0.1434.71$350.14
$340.00$345.00Jul 17$0.16$4.84$0.1630.25$340.16
$327.50$330.00Jul 10$0.11$2.39$0.1121.73$327.61
$345.00$350.00Jul 17$0.23$4.77$0.2320.74$345.23
$332.50$335.00Jul 10$0.12$2.38$0.1219.83$332.62
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$265.00$260.00Aug 7$0.15$4.85$0.1532.33$264.85
$252.50$250.00Jul 10$0.13$2.37$0.1318.23$252.37
$267.50$265.00Jul 17$0.13$2.37$0.1318.23$267.37
$265.00$262.50Jul 24$0.13$2.37$0.1318.23$264.87
$275.00$272.50Jul 10$0.14$2.36$0.1416.86$274.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 218 found (best R:R 49.00, avg 2.01)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$245.00$250.00Jul 10$4.90$4.90$0.1049.00$249.90
$250.00$255.00Jul 17$4.80$4.80$0.2024.00$254.80
$255.00$260.00Jul 17$4.80$4.80$0.2024.00$259.80
$275.00$280.00Jul 17$4.77$4.77$0.2320.74$279.77
$257.50$260.00Jul 10$2.33$2.33$0.1713.71$259.83
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$340.00$330.00Jul 17$9.30$9.30$0.7013.29$330.70
$315.00$312.50Jul 10$2.23$2.23$0.278.26$312.77
$330.00$320.00Jul 17$8.91$8.91$1.098.17$321.09
$317.50$315.00Jul 10$2.17$2.17$0.336.58$315.33
$312.50$310.00Jul 10$1.95$1.95$0.553.55$310.55

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 59 found (avg debit $2.84, cheapest $0.12)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$250.00Jul 10Jul 17$0.2066.0%56.5%
$255.00Jul 10Jul 17$0.3270.9%53.6%
$245.00Jul 10Jul 17$0.3562.6%60.3%
$355.00Jul 10Jul 17$0.3565.2%53.6%
$260.00Jul 10Jul 17$0.3864.6%52.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$242.50Jul 10Jul 17$0.1265.6%55.6%
$240.00Jul 10Jul 17$0.1677.7%60.8%
$245.00Jul 10Jul 17$0.2962.6%60.3%
$250.00Jul 10Jul 17$0.3166.0%56.5%
$247.50Jul 10Jul 17$0.3259.7%58.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 98 found (cheapest 4.14% of stock, avg 11.87%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$300.00Jul 10$5.88$6.53$12.41$287.59$312.414.14%
$297.50Jul 10$7.40$5.25$12.65$284.85$310.154.22%
$302.50Jul 10$4.88$7.98$12.86$289.64$315.364.29%
$295.00Jul 10$8.70$4.25$12.95$282.05$307.954.32%
$305.00Jul 10$3.90$9.50$13.40$291.60$318.404.47%
$292.50Jul 10$10.48$3.28$13.76$278.74$306.264.59%
$290.00Jul 10$12.15$2.72$14.87$275.13$304.874.96%
$310.00Jul 10$2.38$12.80$15.18$294.82$325.185.07%
$287.50Jul 10$13.70$2.09$15.79$271.71$303.295.27%
$312.50Jul 10$1.88$14.75$16.63$295.87$329.135.55%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 1.49% of stock, avg 6.79%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$310.00$287.50Jul 10$2.38$2.09$4.47$283.03$314.47
$325.00$280.00Jul 17$2.30$2.63$4.93$275.07$329.93
$310.00$290.00Jul 10$2.38$2.72$5.10$284.90$315.10
$307.50$287.50Jul 10$3.07$2.09$5.16$282.34$312.66
$310.00$292.50Jul 10$2.38$3.28$5.66$286.84$315.66
$320.00$280.00Jul 17$3.08$2.63$5.71$274.29$325.71
$307.50$290.00Jul 10$3.07$2.72$5.79$284.21$313.29
$305.00$287.50Jul 10$3.90$2.09$5.99$281.51$310.99
$325.00$285.00Jul 17$2.30$3.73$6.03$278.97$331.03
$307.50$292.50Jul 10$3.07$3.28$6.35$286.15$313.85

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 235 found (best R:R 49.00, avg credit $3.79)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
250/255260/265Jul 24$4.90$0.1049.00$250.10$264.90
250/255265/270Jul 31$4.83$0.1728.41$250.17$269.83
270/275280/285Jul 31$4.83$0.1728.41$270.17$284.83
240/245250/255Jul 31$4.80$0.2024.00$240.20$254.80
245/250255/260Jul 31$4.80$0.2024.00$245.20$259.80
255/260270/275Aug 7$4.80$0.2024.00$255.20$274.80
255/260265/270Aug 7$4.77$0.2320.74$255.23$269.77
275/280290/295Aug 14$4.77$0.2320.74$275.23$294.77
250/252265/268Jul 10$2.38$0.1219.83$250.12$267.38
260/262275/278Jul 24$2.37$0.1318.23$260.13$277.37

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 124 found (best R:R 70.43, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$310.00$315.00$320.00Jul 17$0.07$4.9370.43
$315.00$320.00$325.00Aug 14$0.07$4.9370.43
$340.00$345.00$350.00Jul 10$0.09$4.9154.56
$345.00$350.00$355.00Jul 17$0.09$4.9154.56
$345.00$350.00$355.00Jul 31$0.11$4.8944.45
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$305.00$310.00$315.00Jul 31$0.10$4.9049.00
$280.00$282.50$285.00Jul 10$0.06$2.4440.67
$255.00$257.50$260.00Jul 17$0.06$2.4440.67
$260.00$262.50$265.00Jul 17$0.06$2.4440.67
$270.00$272.50$275.00Jul 10$0.07$2.4334.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 101 found (best net $-2.13, 96 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$330.00$350.001:2Aug 14-$2.13$17.87
$330.00$340.001:2Aug 7-$4.23$5.77
$340.00$345.001:2Jul 10-$0.04$4.96
$335.00$340.001:2Jul 10-$0.13$4.87
$345.00$350.001:2Jul 10-$0.16$4.84
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$340.00$315.001:2Jul 31-$7.26$17.74
$250.00$240.001:2Aug 14-$0.40$9.60
$295.00$280.001:2Aug 14-$5.90$9.10
$260.00$250.001:2Aug 14-$2.27$7.73
$275.00$270.001:2Jul 17-$0.56$4.44

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 67 found (best yield 6.28%, avg 2.32%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$300.00Aug 14$18.800.520.2%6.28%6.44%631
$300.00Jul 31$17.700.530.2%5.91%6.07%231678
$300.00Aug 7$17.300.530.2%5.78%5.94%3752
$305.00Aug 14$16.700.481.8%5.58%7.41%6--
$300.00Jul 24$15.600.520.2%5.21%5.37%459884
$305.00Aug 7$15.550.491.8%5.19%7.02%5--
$305.00Jul 31$15.150.481.8%5.06%6.89%27101
$310.00Aug 7$14.250.453.5%4.76%8.26%2227
$310.00Aug 14$13.900.453.5%4.64%8.14%64
$302.50Jul 24$13.650.501.0%4.56%5.55%17--

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 54,965
Total Puts 21,959
Put/Call Ratio 0.40
Net Difference 33,006

Prior's Put/Call Breakdown

Total Calls 44,032
Total Puts 15,280
Put/Call Ratio 0.35
Net Difference 28,752

Prior 7-Day Put/Call Summary

Total Calls 409,543
Total Puts 107,812
Average Put/Call Ratio 0.28
Ratio Trend Rising

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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