Tour v297
IBM
IBM CORP
$306.13 +2.21%
$303.62 (-0.82%)🌙
as of 07/07 06:36 PM
(7/6 18:34) ◀
|
Tuesday, July 7, 2026 (6:36pm)
January 2026
|
▶ (7/8 18:37)
◀ 7/7 18:36 ▶

Option Volume

Detail
ℹ
Current (07/07) 93,159
Calls: 67,074 (72%)
Puts: 26,085 (28%)
Prior (07/06) 76,924
Calls: 54,965 (71%)
Puts: 21,959 (29%)
Current vs Prior +21.11%
Calls: +22.03% (Calls)
Puts: +18.79% (Puts)
Prior 7-Day Total 594,279
Calls: 464,508 (78%)
Puts: 129,771 (22%)
Prior 7-Day Average 84,897
Calls: 66,358 (78%)
Puts: 18,538 (22%)
Current vs Prior 7-Day Avg +9.73%
Calls: +1.08%
Puts: +40.71%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (07/07) $87.89M
Calls: $68.20M (78%)
Puts: $19.69M (22%)
Prior (07/06) $71.24M
Calls: $58.97M (83%)
Puts: $12.27M (17%)
Current vs Prior +23.37%
Calls: +15.65%
Puts: +60.48%
Prior 7-Day Total $401.55M
Calls: $314.65M (78%)
Puts: $86.90M (22%)
Prior 7-Day Average $57.36M
Calls: $44.95M (78%)
Puts: $12.41M (22%)
Current vs Prior 7-Day Avg +53.21%
Calls: +51.72%
Puts: +58.59%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/07) 0.39
Prior (07/06) 0.40
Current vs Prior -2.66%
Prior 7-Day Average 0.30
Current vs Prior 7-Day Avg +30.69%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (07/07) 450,434
Calls: 279,254 (62%)
Puts: 171,180 (38%)
Prior (07/06) 437,323
Calls: 270,700 (62%)
Puts: 166,623 (38%)
Current vs Prior +3.00%
Prior 7-Day Total 2,913,970
Calls: 1,925,444 (66%)
Puts: 988,526 (34%)
Prior 7-Day Average 416,281
Calls: 275,063 (66%)
Puts: 141,218 (34%)
Current vs Prior 7-Day Avg +8.20%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 4.14% | 7.14%7.14% | 15.41%
Prior 4.65% | 7.24%7.24% | 15.22%
Current vs Prior -10.94% | -1.44%-1.44% | +1.19%
Prior 7-Day Avg 3.95% | 6.48%7.24% | 15.22%
Current vs 7-Day Avg +4.83% | +10.17%-1.44% | +1.19%
Prior 7-Day Eod 4.65% | 7.24%-- | --
Current vs 7-Day Eod -10.94% | -1.44%-- | --
Sentiment BULLISHBULLISH

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 33.25% | 24.64%
Calls: 26.41% | 21.59%
Puts: 40.10% | 27.70%
Current vs 7-Day Avg +19.61% | +18.05%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 78% of dollar volume in calls ($68.20M) vs puts ($19.69M). Dollar volume significantly above 7-day average (53% higher). Extreme bullish P/C ratio of 0.39 - heavy call buying (67,074 calls vs 26,085 puts). Call-heavy open interest (279,254 calls vs 171,180 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 123 of results (avg 6.4%, best 2.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$350.00Jul 170.700.72$0.712.8%6.9K0.066.8K
$295.00Jul 2422.1522.90$22.533.3%1470.64215
$270.00Jul 1736.7538.00$37.383.3%720.942.3K
$270.00Aug 2143.4545.00$44.233.5%1180.781.2K
$305.00Aug 2122.3023.15$22.733.7%1110.53789
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$320.00Aug 2129.9530.85$30.403.0%50.56164
$300.00Aug 2118.7519.35$19.053.1%1460.43282
$310.00Aug 2124.0024.85$24.433.5%360.50294
$325.00Jul 3128.5029.55$29.033.6%60.62--
$285.00Aug 2112.3012.80$12.554.0%1.6K0.322.7K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.65, cheapest $0.26)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$365.00Jul 170.240.27$0.2611.5%400.03219
$350.00Jul 170.700.72$0.712.8%6.9K0.066.8K
$325.00Jul 100.800.91$0.8612.8%1.9K0.12514
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$287.50Jul 100.680.83$0.7619.7%700.1090

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 133 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Jul 1054.9058.10$56.505.7%31.0096
$252.50Jul 1053.0055.60$54.304.8%11.00--
$257.50Jul 1047.8550.60$49.235.6%21.0014
$260.00Jul 1045.5548.15$46.855.5%71.00355
$265.00Jul 1040.7043.15$41.935.8%181.00176
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$335.00Jul 1027.2530.55$28.9011.4%100.95--
$350.00Jul 1742.4045.35$43.886.7%10.933
$327.50Jul 1020.0523.30$21.6815.0%20.90--
$325.00Jul 1017.9520.50$19.2313.3%110.881
$335.00Jul 1728.5530.95$29.758.1%20.8651

Most actively traded options today. High liquidity = easy entry/exit. 325 active (total vol 66.9K, top 6.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$350.00Jul 170.700.72$0.712.8%6.9K0.066.8K
$320.00Jul 101.431.50$1.474.8%4.2K0.18671
$340.00Jul 171.221.39$1.3113.0%3.8K0.111.4K
$320.00Jul 174.254.70$4.4710.1%2.7K0.304.1K
$310.00Jul 103.804.15$3.988.8%2.5K0.401.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$285.00Aug 2112.3012.80$12.554.0%1.6K0.322.7K
$300.00Jul 102.993.30$3.159.8%1.4K0.33179
$285.00Jul 100.480.59$0.5320.8%1.2K0.07720
$302.50Jul 103.854.25$4.059.9%6700.3947
$290.00Jul 172.953.55$3.2518.5%6630.23670

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 50 strikes (avg 27.9%, max 132.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$365.00Jul 10Aug 21126.7%54.4%132.9%39165
$250.00Jul 10Aug 21112.3%52.7%113.2%181.5K
$252.50Jul 10Jul 17103.5%56.6%82.8%10--
$360.00Jul 10Aug 2178.2%54.1%44.6%130805
$355.00Jul 10Aug 2174.5%54.1%37.7%112552
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$250.00Jul 10Aug 21112.3%52.7%113.2%1604.8K
$247.50Jul 10Jul 17138.6%66.3%108.8%65189
$252.50Jul 10Jul 17103.5%56.6%82.8%3--
$255.00Jul 10Aug 2180.3%52.8%52.1%482653
$257.50Jul 10Jul 1777.6%56.5%37.3%69669

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 204 found (best R:R 40.67, avg 4.63)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$360.00$365.00Jul 24$0.12$4.88$0.1240.67$360.12
$340.00$345.00Jul 10$0.17$4.83$0.1728.41$340.17
$360.00$365.00Jul 17$0.17$4.83$0.1728.41$360.17
$330.00$332.50Jul 10$0.10$2.40$0.1024.00$330.10
$350.00$355.00Jul 17$0.21$4.79$0.2122.81$350.21
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$250.00$245.00Jul 24$0.12$4.88$0.1240.67$249.88
$272.50$270.00Jul 10$0.10$2.40$0.1024.00$272.40
$277.50$275.00Jul 10$0.11$2.39$0.1121.73$277.39
$247.50$245.00Jul 17$0.11$2.39$0.1121.73$247.39
$257.50$255.00Jul 17$0.12$2.38$0.1219.83$257.38

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 268 found (best R:R 25.79, avg 1.96)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$290.00$292.50Jul 10$2.40$2.40$0.1024.00$292.40
$257.50$260.00Jul 10$2.38$2.38$0.1219.83$259.88
$285.00$290.00Jul 17$4.75$4.75$0.2519.00$289.75
$247.50$250.00Jul 17$2.37$2.37$0.1318.23$249.87
$255.00$260.00Jul 24$4.67$4.67$0.3314.15$259.67
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$335.00$327.50Jul 10$7.22$7.22$0.2825.79$327.78
$350.00$335.00Jul 17$14.13$14.13$0.8716.24$335.87
$322.50$320.00Jul 10$2.27$2.27$0.239.87$320.23
$330.00$325.00Jul 17$4.27$4.27$0.735.85$325.73
$325.00$322.50Jul 10$2.08$2.08$0.424.95$322.92

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 59 found (avg debit $3.00, cheapest $0.16)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$260.00Jul 10Jul 17$0.3571.4%55.3%
$360.00Jul 10Jul 17$0.3578.2%54.5%
$355.00Jul 10Jul 17$0.4074.5%52.0%
$257.50Jul 10Jul 17$0.4277.6%56.5%
$267.50Jul 10Jul 17$0.4761.1%50.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$255.00Jul 10Jul 17$0.1680.3%55.0%
$257.50Jul 10Jul 17$0.2877.6%56.5%
$262.50Jul 10Jul 17$0.3170.8%52.5%
$260.00Jul 10Jul 17$0.3471.4%55.3%
$267.50Jul 10Jul 17$0.4961.1%50.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 129 found (cheapest 3.72% of stock, avg 12.71%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$307.50Jul 10$5.05$6.33$11.38$296.12$318.883.72%
$305.00Jul 10$6.35$5.15$11.50$293.50$316.503.76%
$310.00Jul 10$3.98$7.60$11.58$298.42$321.583.78%
$302.50Jul 10$7.83$4.05$11.88$290.62$314.383.88%
$300.00Jul 10$9.32$3.15$12.47$287.53$312.474.07%
$312.50Jul 10$3.22$9.35$12.57$299.93$325.074.11%
$315.00Jul 10$2.44$11.25$13.69$301.31$328.694.47%
$297.50Jul 10$11.35$2.42$13.77$283.73$311.274.50%
$317.50Jul 10$1.86$12.90$14.76$302.74$332.264.82%
$295.00Jul 10$13.10$1.86$14.96$280.04$309.964.89%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 174 found (cheapest 1.22% of stock, avg 7.37%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$317.50$295.00Jul 10$1.86$1.86$3.72$291.28$321.22
$315.00$295.00Jul 10$2.44$1.86$4.30$290.70$319.30
$317.50$297.50Jul 10$1.86$2.42$4.28$293.22$321.78
$330.00$285.00Jul 17$2.40$2.22$4.62$280.38$334.62
$315.00$297.50Jul 10$2.44$2.42$4.86$292.64$319.86
$317.50$300.00Jul 10$1.86$3.15$5.01$294.99$322.51
$312.50$295.00Jul 10$3.22$1.86$5.08$289.92$317.58
$325.00$285.00Jul 17$3.25$2.22$5.47$279.53$330.47
$315.00$300.00Jul 10$2.44$3.15$5.59$294.41$320.59
$312.50$297.50Jul 10$3.22$2.42$5.64$291.86$318.14

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 208 found (best R:R 49.00, avg credit $4.28)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
260/265275/280Jul 31$4.90$0.1049.00$260.10$279.90
260/262265/270Jul 24$4.89$0.1144.45$257.61$269.89
250/255260/265Jul 24$4.87$0.1337.46$250.13$264.87
275/280285/290Jul 31$4.87$0.1337.46$275.13$289.87
255/260265/270Jul 31$4.86$0.1434.71$255.14$269.86
245/250255/260Aug 21$4.84$0.1630.25$245.16$259.84
270/275280/285Aug 21$4.84$0.1630.25$270.16$284.84
255/260265/270Jul 24$4.82$0.1826.78$255.18$269.82
260/262270/272Jul 24$2.40$0.1024.00$260.10$272.40
280/282285/288Jul 24$2.40$0.1024.00$280.10$287.40

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 150 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$335.00$340.00$345.00Jul 31$0.05$4.9599.00
$320.00$325.00$330.00Jul 24$0.08$4.9261.50
$345.00$350.00$355.00Aug 14$0.08$4.9261.50
$335.00$340.00$345.00Aug 21$0.08$4.9261.50
$340.00$345.00$350.00Jul 17$0.10$4.9049.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$320.00$325.00$330.00Aug 21$0.09$4.9154.56
$265.00$267.50$270.00Jul 10$0.05$2.4549.00
$267.50$270.00$272.50Jul 10$0.05$2.4549.00
$250.00$252.50$255.00Jul 17$0.05$2.4549.00
$275.00$280.00$285.00Jul 17$0.12$4.8840.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 107 found (best net $-1.37, 104 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$350.00$360.001:2Jul 31-$2.12$7.88
$355.00$365.001:2Aug 14-$2.88$7.12
$350.00$360.001:2Aug 7-$3.32$6.68
$350.00$355.001:2Jul 10-$0.06$4.94
$355.00$360.001:2Jul 10-$0.06$4.94
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$285.00$270.001:2Aug 7-$1.37$13.63
$340.00$320.001:2Jul 24-$8.78$11.22
$265.00$255.001:2Aug 7-$1.79$8.21
$260.00$250.001:2Aug 14-$1.84$8.16
$270.00$260.001:2Aug 14-$2.30$7.70

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 76 found (best yield 6.55%, avg 2.38%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$310.00Aug 21$20.050.501.3%6.55%7.81%1971.2K
$310.00Aug 14$18.200.501.3%5.95%7.21%199
$315.00Aug 21$17.950.472.9%5.86%8.76%83385
$310.00Aug 7$17.200.511.3%5.62%6.88%4043
$320.00Aug 21$16.050.434.5%5.24%9.77%6623.1K
$310.00Jul 31$15.600.501.3%5.10%6.36%35219
$315.00Aug 14$15.100.462.9%4.93%7.83%64
$307.50Jul 24$15.000.520.5%4.90%5.35%234
$315.00Aug 7$14.450.472.9%4.72%7.62%455
$310.00Jul 24$14.400.491.3%4.70%5.97%244472

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 67,074
Total Puts 26,085
Put/Call Ratio 0.39
Net Difference 40,989

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 464,508
Total Puts 129,771
Average Put/Call Ratio 0.30
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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