IBM - Options Database

IBM

IBM CORP

$302.05 -1.33%

$301.40 (-0.22%)🌙

as of 07/08 06:37 PM

(7/7 18:36) ◀

Wednesday, July 8, 2026 (6:37pm)

▶ (7/9 18:36)

◀ 7/8 18:37 ▶

Option Volume

Detail

ℹ

Current (07/08) 42,790

Calls: 31,143 (73%)

Puts: 11,647 (27%)

Prior (07/07) 93,159

Calls: 67,074 (72%)

Puts: 26,085 (28%)

Current vs Prior -54.07%

Calls: -53.57% (Calls)

Puts: -55.35% (Puts)

Prior 7-Day Total 593,013

Calls: 457,283 (77%)

Puts: 135,730 (23%)

Prior 7-Day Average 84,716

Calls: 65,326 (77%)

Puts: 19,390 (23%)

Current vs Prior 7-Day Avg -49.49%

Calls: -52.33%

Puts: -39.93%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/08) $45.09M

Calls: $37.14M (82%)

Puts: $7.95M (18%)

Prior (07/07) $87.89M

Calls: $68.20M (78%)

Puts: $19.69M (22%)

Current vs Prior -48.69%

Calls: -45.54%

Puts: -59.61%

Prior 7-Day Total $437.55M

Calls: $352.55M (81%)

Puts: $85.00M (19%)

Prior 7-Day Average $62.51M

Calls: $50.36M (81%)

Puts: $12.14M (19%)

Current vs Prior 7-Day Avg -27.86%

Calls: -26.26%

Puts: -34.51%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/08) 0.37

Prior (07/07) 0.39

Current vs Prior -3.84%

Prior 7-Day Average 0.31

Current vs Prior 7-Day Avg +18.95%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/08) 395,057

Calls: 239,755 (61%)

Puts: 155,302 (39%)

Prior (07/07) 450,434

Calls: 279,254 (62%)

Puts: 171,180 (38%)

Current vs Prior -12.29%

Prior 7-Day Total 2,936,154

Calls: 1,922,949 (65%)

Puts: 1,013,205 (35%)

Prior 7-Day Average 419,450

Calls: 274,707 (65%)

Puts: 144,743 (35%)

Current vs Prior 7-Day Avg -5.82%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)

Current 3.43% | 6.00%6.00% | 15.03%

Prior 4.14% | 7.14%7.14% | 15.41%

Current vs Prior -17.27% | -15.99%-15.99% | -2.43%

Prior 7-Day Avg 4.17% | 6.73%7.19% | 15.31%

Current vs 7-Day Avg -17.73% | -10.90%-16.60% | -1.86%

Prior 7-Day Eod 4.14% | 7.14%-- | --

Current vs 7-Day Eod -17.27% | -15.99%-- | --

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 35.68% | 26.84%

Calls: 27.43% | 23.01%

Puts: 43.94% | 30.68%

Current vs 7-Day Avg +11.46% | +8.37%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($37.14M) vs puts ($7.95M). Below-average activity with volume down 54% vs prior. Extreme bullish P/C ratio of 0.37 - heavy call buying (31,143 calls vs 11,647 puts). Call-heavy open interest (239,755 calls vs 155,302 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

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Tightest Spreads

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Best Value <$1

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 81 of results (avg 7.5%, best 4.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$245.00	Aug 21	59.25	62.15	$60.70	4.8%	4	0.89	228
$245.00	Jul 17	55.80	58.70	$57.25	5.1%	14	0.99	1.0K
$250.00	Jul 17	50.85	53.60	$52.23	5.3%	32	0.98	4.2K
$262.50	Jul 17	38.60	40.70	$39.65	5.3%	12	0.94	174
$250.00	Aug 21	54.70	57.70	$56.20	5.3%	10	0.87	1.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$305.00	Aug 21	22.75	23.75	$23.25	4.3%	131	0.50	409
$360.00	Aug 21	61.85	65.05	$63.45	5.0%	1	0.81	--
$350.00	Aug 21	53.80	56.60	$55.20	5.1%	1	0.77	51
$310.00	Aug 21	25.65	27.35	$26.50	6.4%	2	0.53	288
$300.00	Aug 21	20.15	21.50	$20.83	6.5%	119	0.46	266

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 5 found (avg $0.56, cheapest $0.32)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$350.00	Jul 17	0.30	0.35	$0.32	15.6%	1.6K	0.04	6.7K
$320.00	Jul 10	0.34	0.41	$0.38	18.4%	1.4K	0.07	1.3K
$317.50	Jul 10	0.49	0.57	$0.53	15.1%	513	0.10	1.6K
$315.00	Jul 10	0.71	0.82	$0.76	14.5%	632	0.14	696
$335.00	Jul 17	0.76	0.87	$0.82	13.4%	170	0.08	720

PUTS (0)

No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 109 found (avg delta 0.76, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$250.00	Jul 10	50.50	53.40	$51.95	5.6%	2	1.00	--
$255.00	Jul 10	45.55	48.40	$46.97	6.1%	1	1.00	--
$260.00	Jul 10	40.50	43.45	$41.98	7.0%	2	1.00	--
$262.50	Jul 10	38.00	40.95	$39.48	7.5%	6	1.00	34
$267.50	Jul 10	33.20	35.95	$34.58	8.0%	1	1.00	49

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$322.50	Jul 10	19.75	22.35	$21.05	12.4%	3	0.95	15
$350.00	Jul 17	46.85	50.00	$48.43	6.5%	1	0.93	--
$320.00	Jul 10	16.95	19.95	$18.45	16.3%	3	0.93	18
$340.00	Jul 17	37.35	40.15	$38.75	7.2%	1	0.93	--
$335.00	Jul 17	32.55	35.35	$33.95	8.2%	1	0.91	--

Most actively traded options today. High liquidity = easy entry/exit. 298 active (total vol 32.8K, top 5.9K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$310.00	Jul 10	1.50	1.66	$1.58	10.1%	5.9K	0.24	1.6K
$340.00	Jul 10	0.05	0.10	$0.08	62.5%	3.1K	0.01	418
$350.00	Jul 17	0.30	0.35	$0.32	15.6%	1.6K	0.04	6.7K
$320.00	Jul 10	0.34	0.41	$0.38	18.4%	1.4K	0.07	1.3K
$305.00	Jul 10	2.91	3.30	$3.11	12.5%	1.1K	0.40	1.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$302.50	Jul 10	4.40	5.15	$4.78	15.7%	851	0.52	605
$290.00	Jul 10	0.79	1.00	$0.90	23.3%	661	0.15	427
$285.00	Jul 10	0.36	0.47	$0.42	26.2%	600	0.07	965
$267.50	Jul 17	0.42	0.79	$0.61	60.7%	409	0.06	119
$300.00	Jul 10	3.30	3.90	$3.60	16.7%	375	0.43	913

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 52 strikes (avg 37.4%, max 207.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$250.00	Jul 10	Aug 21	106.4%	52.5%	102.7%	12	1.4K
$255.00	Jul 10	Aug 21	101.3%	52.0%	95.0%	3	354
$345.00	Jul 10	Aug 21	96.6%	53.1%	82.1%	38	737
$350.00	Jul 10	Aug 21	92.5%	53.3%	73.5%	283	2.0K
$262.50	Jul 10	Jul 17	98.4%	58.1%	69.2%	18	208

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$245.00	Jul 10	Aug 21	161.6%	52.5%	207.4%	30	1.3K
$255.00	Jul 10	Aug 21	101.3%	52.0%	95.0%	56	709
$267.50	Jul 10	Jul 17	90.2%	50.6%	78.3%	419	394
$262.50	Jul 10	Jul 17	98.4%	58.1%	69.2%	42	--
$260.00	Jul 10	Aug 21	85.3%	52.0%	64.1%	64	1.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 191 found (best R:R 49.00, avg 4.57)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$345.00	$350.00	Jul 31	$0.10	$4.90	$0.10	49.00	$345.10
$345.00	$350.00	Jul 10	$0.14	$4.86	$0.14	34.71	$345.14
$355.00	$360.00	Jul 31	$0.20	$4.80	$0.20	24.00	$355.20
$320.00	$322.50	Jul 10	$0.11	$2.39	$0.11	21.73	$320.11
$330.00	$332.50	Jul 17	$0.12	$2.38	$0.12	19.83	$330.12

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$285.00	$282.50	Jul 10	$0.12	$2.38	$0.12	19.83	$284.88
$255.00	$250.00	Jul 24	$0.27	$4.73	$0.27	17.52	$254.73
$262.50	$260.00	Jul 10	$0.14	$2.36	$0.14	16.86	$262.36
$270.00	$267.50	Jul 17	$0.15	$2.35	$0.15	15.67	$269.85
$280.00	$277.50	Jul 17	$0.15	$2.35	$0.15	15.67	$279.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 238 found (best R:R 49.00, avg 1.89)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$262.50	$267.50	Jul 10	$4.90	$4.90	$0.10	49.00	$267.40
$250.00	$255.00	Jul 17	$4.85	$4.85	$0.15	32.33	$254.85
$270.00	$275.00	Jul 17	$4.70	$4.70	$0.30	15.67	$274.70
$275.00	$277.50	Jul 10	$2.27	$2.27	$0.23	9.87	$277.27
$250.00	$255.00	Jul 31	$4.52	$4.52	$0.48	9.42	$254.52

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$350.00	$340.00	Jul 17	$9.68	$9.68	$0.32	30.25	$340.32
$340.00	$335.00	Jul 17	$4.80	$4.80	$0.20	24.00	$335.20
$335.00	$325.00	Jul 17	$9.32	$9.32	$0.68	13.71	$325.68
$317.50	$310.00	Jul 10	$6.50	$6.50	$1.00	6.50	$311.00
$320.00	$317.50	Jul 10	$2.15	$2.15	$0.35	6.14	$317.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 64 found (avg debit $2.14, cheapest $0.12)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$355.00	Jul 10	Jul 17	$0.12	88.8%	49.1%
$262.50	Jul 10	Jul 17	$0.17	98.4%	58.1%
$350.00	Jul 10	Jul 17	$0.21	92.5%	50.9%
$345.00	Jul 10	Jul 17	$0.25	96.6%	50.7%
$250.00	Jul 10	Jul 17	$0.28	106.4%	58.7%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$255.00	Jul 10	Jul 17	$0.29	101.3%	60.0%
$260.00	Jul 10	Jul 17	$0.31	85.3%	54.1%
$257.50	Jul 10	Jul 17	$0.37	87.6%	58.1%
$267.50	Jul 10	Jul 17	$0.37	90.2%	50.6%
$262.50	Jul 10	Jul 17	$0.49	98.4%	58.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 98 found (cheapest 2.97% of stock, avg 11.32%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$302.50	Jul 10	$4.20	$4.78	$8.98	$293.52	$311.48	2.97%
$305.00	Jul 10	$3.11	$6.05	$9.16	$295.84	$314.16	3.03%
$300.00	Jul 10	$5.57	$3.60	$9.17	$290.83	$309.17	3.04%
$297.50	Jul 10	$7.15	$2.64	$9.79	$287.71	$307.29	3.24%
$307.50	Jul 10	$2.25	$7.83	$10.08	$297.42	$317.58	3.34%
$295.00	Jul 10	$8.60	$1.85	$10.45	$284.55	$305.45	3.46%
$310.00	Jul 10	$1.58	$9.80	$11.38	$298.62	$321.38	3.77%
$292.50	Jul 10	$10.23	$1.38	$11.61	$280.89	$304.11	3.84%
$290.00	Jul 10	$13.25	$0.90	$14.15	$275.85	$304.15	4.68%
$287.50	Jul 10	$14.63	$0.67	$15.30	$272.20	$302.80	5.07%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 0.66% of stock, avg 6.84%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$312.50	$290.00	Jul 10	$1.10	$0.90	$2.00	$288.00	$314.50
$310.00	$290.00	Jul 10	$1.58	$0.90	$2.48	$287.52	$312.48
$312.50	$292.50	Jul 10	$1.10	$1.38	$2.48	$290.02	$314.98
$310.00	$292.50	Jul 10	$1.58	$1.38	$2.96	$289.54	$312.96
$312.50	$295.00	Jul 10	$1.10	$1.85	$2.95	$292.05	$315.45
$307.50	$290.00	Jul 10	$2.25	$0.90	$3.15	$286.85	$310.65
$310.00	$295.00	Jul 10	$1.58	$1.85	$3.43	$291.57	$313.43
$307.50	$292.50	Jul 10	$2.25	$1.38	$3.63	$288.87	$311.13
$312.50	$297.50	Jul 10	$1.10	$2.64	$3.74	$293.76	$316.24
$305.00	$290.00	Jul 10	$3.11	$0.90	$4.01	$285.99	$309.01

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 233 found (best R:R 40.67, avg credit $4.23)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
245/250	255/260	Jul 24	$4.88	$0.12	40.67	$245.12	$259.88
250/255	260/265	Aug 14	$4.85	$0.15	32.33	$250.15	$264.85
290/295	305/310	Aug 14	$4.82	$0.18	26.78	$290.18	$309.82
255/260	265/270	Aug 21	$4.81	$0.19	25.32	$255.19	$269.81
268/270	275/278	Jul 17	$2.40	$0.10	24.00	$267.60	$277.40
265/270	285/290	Jul 31	$4.77	$0.23	20.74	$265.23	$289.77
265/270	275/280	Aug 21	$4.77	$0.23	20.74	$265.23	$279.77
275/280	290/295	Aug 21	$4.77	$0.23	20.74	$275.23	$294.77
280/285	290/295	Jul 24	$4.75	$0.25	19.00	$280.25	$294.75
265/270	280/285	Jul 31	$4.75	$0.25	19.00	$265.25	$284.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 127 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$285.00	$290.00	$295.00	Jul 24	$0.05	$4.95	99.00
$315.00	$320.00	$325.00	Jul 24	$0.06	$4.94	82.33
$345.00	$350.00	$355.00	Jul 10	$0.07	$4.93	70.43
$310.00	$315.00	$320.00	Aug 7	$0.07	$4.93	70.43
$305.00	$307.50	$310.00	Jul 17	$0.05	$2.45	49.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$245.00	$250.00	$255.00	Jul 31	$0.06	$4.94	82.33
$255.00	$260.00	$265.00	Aug 21	$0.07	$4.93	70.43
$260.00	$265.00	$270.00	Aug 21	$0.13	$4.87	37.46
$255.00	$257.50	$260.00	Jul 10	$0.07	$2.43	34.71
$280.00	$285.00	$290.00	Jul 31	$0.14	$4.86	34.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 119 found (best net $-8.92, 112 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$265.00	$290.00	1:2	Aug 14	-$8.92	$16.08
$340.00	$355.00	1:2	Aug 14	-$1.01	$13.99
$350.00	$360.00	1:2	Jul 24	-$1.36	$8.64
$335.00	$345.00	1:2	Aug 7	-$3.57	$6.43
$335.00	$340.00	1:2	Jul 10	-$0.04	$4.96

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$270.00	$255.00	1:2	Aug 7	-$0.65	$14.35
$270.00	$255.00	1:2	Aug 14	-$1.51	$13.49
$290.00	$275.00	1:2	Aug 14	-$3.35	$11.65
$300.00	$285.00	1:2	Aug 7	-$4.82	$10.18
$255.00	$245.00	1:2	Jul 10	-$0.88	$9.12

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 83 found (best yield 6.34%, avg 2.17%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$305.00	Aug 21	$19.15	0.50	1.0%	6.34%	7.32%	41	807
$305.00	Aug 14	$17.75	0.50	1.0%	5.88%	6.85%	1	--
$310.00	Aug 21	$16.90	0.46	2.6%	5.60%	8.23%	145	1.2K
$305.00	Aug 7	$15.80	0.50	1.0%	5.23%	6.21%	5	--
$305.00	Jul 31	$14.90	0.50	1.0%	4.93%	5.91%	29	108
$315.00	Aug 21	$14.75	0.43	4.3%	4.88%	9.17%	74	430
$310.00	Aug 14	$14.70	0.46	2.6%	4.87%	7.50%	8	16
$302.50	Jul 24	$14.25	0.52	0.1%	4.72%	4.87%	13	20
$310.00	Aug 7	$13.55	0.46	2.6%	4.49%	7.12%	12	49
$320.00	Aug 21	$13.50	0.40	5.9%	4.47%	10.41%	496	3.1K

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 31,143

Total Puts 11,647

Put/Call Ratio 0.37

Net Difference 19,496

Prior's Put/Call Breakdown

Total Calls 67,074

Total Puts 26,085

Put/Call Ratio 0.39

Net Difference 40,989

Prior 7-Day Put/Call Summary

Total Calls 457,283

Total Puts 135,730

Average Put/Call Ratio 0.31

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

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Price — Past 7 Days

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