IBM - Options Database

IBM

IBM CORP

$217.07 -25.21%

$219.04 (+0.91%)🌙

as of 07/14 06:00 PM

(7/14 14:07) ◀

Tuesday, July 14, 2026 (6:00pm)

▶ (7/15 18:43)

◀ 7/14 18:00 ▶

Option Volume

Detail

ℹ

Current (07/14) 494,370

Calls: 273,473 (55%)

Puts: 220,897 (45%)

Prior (07/13) 56,247

Calls: 44,408 (79%)

Puts: 11,839 (21%)

Current vs Prior +778.93%

Calls: +515.82% (Calls)

Puts: +1765.84% (Puts)

Prior 7-Day Total 423,511

Calls: 309,029 (73%)

Puts: 114,482 (27%)

Prior 7-Day Average 60,501

Calls: 44,147 (73%)

Puts: 16,354 (27%)

Current vs Prior 7-Day Avg +717.12%

Calls: +519.46%

Puts: +1250.67%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/14) $495.42M

Calls: $188.76M (38%)

Puts: $306.67M (62%)

Prior (07/13) $62.63M

Calls: $43.76M (70%)

Puts: $18.87M (30%)

Current vs Prior +691.05%

Calls: +331.35%

Puts: +1525.28%

Prior 7-Day Total $382.43M

Calls: $290.67M (76%)

Puts: $91.76M (24%)

Prior 7-Day Average $54.63M

Calls: $41.52M (76%)

Puts: $13.11M (24%)

Current vs Prior 7-Day Avg +806.82%

Calls: +354.56%

Puts: +2239.45%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/14) 0.81

Prior (07/13) 0.27

Current vs Prior +202.99%

Prior 7-Day Average 0.37

Current vs Prior 7-Day Avg +117.63%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/14) 565,429

Calls: 329,739 (58%)

Puts: 235,690 (42%)

Prior (07/13) 357,162

Calls: 229,873 (64%)

Puts: 127,289 (36%)

Current vs Prior +58.31%

Prior 7-Day Total 2,832,484

Calls: 1,775,996 (63%)

Puts: 1,056,488 (37%)

Prior 7-Day Average 404,640

Calls: 253,713 (63%)

Puts: 150,926 (37%)

Current vs Prior 7-Day Avg +39.74%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)

Current 6.67% | 11.19%6.67% | 15.79%

Prior 4.42% | 9.54%4.42% | 13.98%

Current vs Prior +50.90% | +17.28%+50.90% | +12.95%

Prior 7-Day Avg 4.16% | 7.55%5.81% | 14.72%

Current vs 7-Day Avg +60.17% | +48.22%+14.83% | +7.25%

Prior 7-Day Eod 4.42% | 9.54%4.42% | 13.98%

Current vs 7-Day Eod +50.90% | +17.28%+50.90% | +12.95%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.58% | 5.59%

Calls: 6.22% | 4.48%

Puts: 4.94% | 6.69%

Prior 39.77% | 29.09%

Calls: 30.77% | 24.57%

Puts: 48.78% | 33.62%

Current vs Prior -85.97% | -80.78%

Prior 7-Day Avg 39.77% | 29.09%

Calls: 30.77% | 24.57%

Puts: 48.78% | 33.62%

Current vs 7-Day Avg -85.97% | -80.78%

Liquidity Pricy

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🤖 AI Insights

Moderately bearish flow with 62% put dollar volume ($306.67M). Massive premium surge with dollar volume up 691% vs prior. Dollar volume significantly above 7-day average (807% higher). Unusually high activity with volume up 779% vs prior - elevated interest.

Smart Money BEARISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

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

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 195 of results (avg 6.4%, best 1.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$220.00	Jul 17	4.75	4.80	$4.78	1.0%	23.6K	0.44	442
$215.00	Aug 21	16.50	16.75	$16.63	1.5%	742	0.54	10
$250.00	Aug 21	5.40	5.50	$5.45	1.8%	3.7K	0.25	1.4K
$235.00	Jul 17	1.24	1.27	$1.25	2.4%	5.8K	0.15	329
$225.00	Aug 21	12.20	12.50	$12.35	2.4%	1.0K	0.45	52

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Jul 17	2.65	2.70	$2.68	1.9%	12.8K	0.29	733
$200.00	Aug 21	7.90	8.05	$7.98	1.9%	4.4K	0.30	703
$220.00	Jul 17	7.40	7.55	$7.48	2.0%	11.1K	0.56	2.1K
$215.00	Aug 21	14.75	15.15	$14.95	2.7%	1.8K	0.45	185
$195.00	Jul 17	0.32	0.33	$0.33	3.0%	4.5K	0.05	321

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 8 found (avg $0.61, cheapest $0.33)

CALLS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$247.50	Jul 17	0.39	0.42	$0.41	7.3%	1.1K	0.06	37
$245.00	Jul 17	0.46	0.53	$0.50	14.0%	2.8K	0.07	1.0K
$242.50	Jul 17	0.60	0.65	$0.63	7.9%	4.4K	0.08	6
$240.00	Jul 17	0.79	0.82	$0.81	3.7%	6.4K	0.10	481

PUTS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Jul 17	0.32	0.33	$0.33	3.0%	4.5K	0.05	321
$180.00	Jul 24	0.51	0.60	$0.55	16.4%	3.1K	0.05	284
$200.00	Jul 17	0.66	0.69	$0.68	4.4%	16.1K	0.10	1.1K
$185.00	Jul 24	0.94	0.97	$0.96	3.1%	485	0.08	11

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 133 found (avg delta 0.75, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Jul 17	40.50	43.65	$42.08	7.5%	1	0.99	31
$180.00	Jul 17	35.95	38.65	$37.30	7.2%	21	0.99	22
$185.00	Jul 17	30.50	33.70	$32.10	10.0%	6	0.99	45
$190.00	Jul 17	25.15	28.80	$26.98	13.5%	100	0.97	15
$175.00	Jul 24	41.35	44.20	$42.78	6.7%	5	0.97	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$255.00	Jul 17	36.60	39.30	$37.95	7.1%	109	1.00	1.3K
$257.50	Jul 17	39.20	41.75	$40.48	6.3%	70	1.00	222
$260.00	Jul 17	41.50	44.25	$42.88	6.4%	173	1.00	2.8K
$252.50	Jul 17	34.15	36.45	$35.30	6.5%	59	0.94	209
$250.00	Jul 17	31.70	34.00	$32.85	7.0%	1.1K	0.94	2.7K

Most actively traded options today. High liquidity = easy entry/exit. 277 active (total vol 304.0K, top 23.6K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$220.00	Jul 17	4.75	4.80	$4.78	1.0%	23.6K	0.44	442
$230.00	Jul 17	1.97	2.07	$2.02	5.0%	13.5K	0.23	331
$225.00	Jul 17	3.10	3.20	$3.15	3.2%	11.0K	0.32	221
$250.00	Jul 17	0.30	0.37	$0.34	20.6%	9.6K	0.05	4.2K
$240.00	Jul 17	0.79	0.82	$0.81	3.7%	6.4K	0.10	481

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Jul 17	0.66	0.69	$0.68	4.4%	16.1K	0.10	1.1K
$215.00	Jul 17	4.60	4.80	$4.70	4.3%	14.1K	0.43	1.1K
$210.00	Jul 17	2.65	2.70	$2.68	1.9%	12.8K	0.29	733
$220.00	Jul 17	7.40	7.55	$7.48	2.0%	11.1K	0.56	2.1K
$205.00	Jul 17	1.33	1.41	$1.37	5.8%	7.4K	0.18	924

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 37.7%, max 84.3%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$175.00	Jul 17	Aug 28	98.6%	53.5%	84.3%	16	31
$180.00	Jul 17	Aug 28	90.5%	52.5%	72.2%	27	22
$260.00	Jul 17	Aug 28	97.5%	60.0%	62.4%	1.8K	3.2K
$185.00	Jul 17	Aug 28	84.3%	52.7%	59.9%	17	45
$255.00	Jul 17	Aug 28	92.8%	58.2%	59.4%	2.5K	1.1K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$175.00	Jul 17	Aug 28	98.6%	53.5%	84.3%	1.2K	570
$180.00	Jul 17	Aug 28	90.5%	52.5%	72.2%	2.5K	580
$260.00	Jul 17	Aug 28	97.5%	60.0%	62.4%	181	2.8K
$185.00	Jul 17	Aug 28	84.3%	52.7%	59.9%	2.7K	457
$255.00	Jul 17	Aug 28	92.8%	58.2%	59.4%	113	1.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 166 found (best R:R 28.41, avg 3.54)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$242.50	$245.00	Jul 17	$0.13	$2.37	$0.13	18.23	$242.63
$255.00	$260.00	Aug 14	$0.33	$4.67	$0.33	14.15	$255.33
$240.00	$242.50	Jul 17	$0.18	$2.32	$0.18	12.89	$240.18
$237.50	$240.00	Jul 17	$0.19	$2.31	$0.19	12.16	$237.69
$255.00	$260.00	Aug 28	$0.42	$4.58	$0.42	10.90	$255.42

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$195.00	$190.00	Jul 17	$0.17	$4.83	$0.17	28.41	$194.83
$180.00	$175.00	Jul 24	$0.22	$4.78	$0.22	21.73	$179.78
$180.00	$175.00	Aug 14	$0.33	$4.67	$0.33	14.15	$179.67
$200.00	$195.00	Jul 17	$0.35	$4.65	$0.35	13.29	$199.65
$185.00	$180.00	Jul 24	$0.41	$4.59	$0.41	11.20	$184.59

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 240 found (best R:R 21.73, avg 2.16)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$175.00	$180.00	Jul 17	$4.78	$4.78	$0.22	21.73	$179.78
$180.00	$185.00	Jul 31	$4.77	$4.77	$0.23	20.74	$184.77
$175.00	$180.00	Jul 24	$4.75	$4.75	$0.25	19.00	$179.75
$180.00	$185.00	Jul 24	$4.61	$4.61	$0.39	11.82	$184.61
$180.00	$185.00	Aug 21	$4.46	$4.46	$0.54	8.26	$184.46

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$255.00	$252.50	Jul 24	$2.39	$2.39	$0.11	21.73	$252.61
$245.00	$242.50	Jul 17	$2.38	$2.38	$0.12	19.83	$242.62
$260.00	$257.50	Jul 24	$2.28	$2.28	$0.22	10.36	$257.72
$255.00	$250.00	Aug 7	$4.55	$4.55	$0.45	10.11	$250.45
$250.00	$247.50	Jul 17	$2.22	$2.22	$0.28	7.93	$247.78

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 50 found (avg debit $2.80, cheapest $0.29)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$175.00	Jul 17	Jul 24	$0.70	98.6%	72.7%
$180.00	Jul 17	Jul 24	$0.73	90.5%	71.7%
$260.00	Jul 17	Jul 24	$1.28	97.5%	82.9%
$185.00	Jul 17	Jul 24	$1.32	84.3%	71.8%
$257.50	Jul 17	Jul 24	$1.58	94.9%	84.2%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$175.00	Jul 17	Jul 24	$0.29	98.6%	72.7%
$180.00	Jul 17	Jul 24	$0.49	90.5%	71.7%
$185.00	Jul 17	Jul 24	$0.87	84.3%	71.8%
$260.00	Jul 17	Jul 24	$1.05	97.5%	82.9%
$257.50	Jul 17	Jul 24	$1.17	94.9%	84.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 136 found (cheapest 5.39% of stock, avg 15.25%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$215.00	Jul 17	$7.00	$4.70	$11.70	$203.30	$226.70	5.39%
$220.00	Jul 17	$4.78	$7.48	$12.26	$207.74	$232.26	5.65%
$210.00	Jul 17	$10.05	$2.68	$12.73	$197.27	$222.73	5.86%
$222.50	Jul 17	$3.85	$9.10	$12.95	$209.55	$235.45	5.97%
$225.00	Jul 17	$3.15	$10.77	$13.92	$211.08	$238.92	6.41%
$205.00	Jul 17	$13.68	$1.37	$15.05	$189.95	$220.05	6.93%
$227.50	Jul 17	$2.52	$12.63	$15.15	$212.35	$242.65	6.98%
$230.00	Jul 17	$2.02	$14.65	$16.67	$213.33	$246.67	7.68%
$200.00	Jul 17	$17.13	$0.68	$17.81	$182.19	$217.81	8.20%
$232.50	Jul 17	$1.62	$16.77	$18.39	$214.11	$250.89	8.47%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 174 found (cheapest 1.08% of stock, avg 7.50%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$230.00	$195.00	Jul 17	$2.02	$0.33	$2.35	$192.65	$232.35
$230.00	$200.00	Jul 17	$2.02	$0.68	$2.70	$197.30	$232.70
$227.50	$195.00	Jul 17	$2.52	$0.33	$2.85	$192.15	$230.35
$227.50	$200.00	Jul 17	$2.52	$0.68	$3.20	$196.80	$230.70
$230.00	$205.00	Jul 17	$2.02	$1.37	$3.39	$201.61	$233.39
$225.00	$195.00	Jul 17	$3.15	$0.33	$3.48	$191.52	$228.48
$225.00	$200.00	Jul 17	$3.15	$0.68	$3.83	$196.17	$228.83
$227.50	$205.00	Jul 17	$2.52	$1.37	$3.89	$201.11	$231.39
$222.50	$195.00	Jul 17	$3.85	$0.33	$4.18	$190.82	$226.68
$225.00	$205.00	Jul 17	$3.15	$1.37	$4.52	$200.48	$229.52

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 276 found (best R:R 37.46, avg credit $3.59)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
205/210	215/220	Aug 14	$4.87	$0.13	37.46	$205.13	$219.87
200/205	215/220	Aug 28	$4.82	$0.18	26.78	$200.18	$219.82
195/200	205/210	Jul 31	$4.79	$0.21	22.81	$195.21	$209.79
190/195	200/205	Aug 28	$4.77	$0.23	20.74	$190.23	$204.77
190/195	200/205	Aug 7	$4.75	$0.25	19.00	$190.25	$204.75
215/220	225/230	Aug 14	$4.70	$0.30	15.67	$215.30	$229.70
175/180	185/190	Aug 21	$4.67	$0.33	14.15	$175.33	$189.67
175/180	185/190	Jul 24	$4.66	$0.34	13.71	$175.34	$189.66
175/180	185/190	Jul 31	$4.65	$0.35	13.29	$175.35	$189.65
215/220	225/230	Aug 7	$4.65	$0.35	13.29	$215.35	$229.65

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 181 found (best R:R 82.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$220.00	$225.00	$230.00	Aug 7	$0.06	$4.94	82.33
$215.00	$220.00	$225.00	Jul 31	$0.07	$4.93	70.43
$220.00	$225.00	$230.00	Aug 14	$0.07	$4.93	70.43
$180.00	$185.00	$190.00	Jul 17	$0.08	$4.92	61.50
$205.00	$210.00	$215.00	Aug 28	$0.08	$4.92	61.50

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$195.00	$200.00	$205.00	Aug 7	$0.07	$4.93	70.43
$240.00	$245.00	$250.00	Aug 14	$0.07	$4.93	70.43
$175.00	$180.00	$185.00	Jul 31	$0.08	$4.92	61.50
$200.00	$205.00	$210.00	Jul 31	$0.09	$4.91	54.56
$185.00	$190.00	$195.00	Jul 17	$0.10	$4.90	49.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 87 found (best net $-0.02, 84 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$255.00	$260.00	1:2	Jul 31	-$1.72	$3.28
$250.00	$255.00	1:2	Jul 31	-$1.95	$3.05
$245.00	$250.00	1:2	Jul 31	-$2.45	$2.55
$215.00	$220.00	1:2	Jul 17	-$2.56	$2.44
$255.00	$260.00	1:2	Aug 7	-$2.60	$2.40

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$180.00	$175.00	1:2	Jul 17	-$0.02	$4.98
$190.00	$185.00	1:2	Jul 17	-$0.02	$4.98
$185.00	$180.00	1:2	Jul 17	-$0.03	$4.97
$210.00	$205.00	1:2	Jul 17	-$0.06	$4.94
$180.00	$175.00	1:2	Jul 31	-$0.08	$4.92

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 73 found (best yield 6.80%, avg 2.59%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$220.00	Aug 28	$14.75	0.50	1.4%	6.80%	8.14%	686	1
$220.00	Aug 21	$14.15	0.50	1.4%	6.52%	7.87%	2.4K	230
$220.00	Aug 14	$13.00	0.50	1.4%	5.99%	7.34%	587	7
$225.00	Aug 28	$12.80	0.46	3.6%	5.90%	9.55%	572	--
$220.00	Aug 7	$12.45	0.50	1.4%	5.74%	7.09%	353	--
$225.00	Aug 21	$12.20	0.45	3.6%	5.62%	9.27%	1.0K	52
$220.00	Jul 31	$11.15	0.49	1.4%	5.14%	6.49%	1.0K	23
$225.00	Aug 14	$11.00	0.45	3.6%	5.07%	8.72%	329	--
$230.00	Aug 28	$10.95	0.41	6.0%	5.04%	11.00%	410	--
$230.00	Aug 21	$10.30	0.40	6.0%	4.75%	10.70%	2.8K	552

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 273,473

Total Puts 220,897

Put/Call Ratio 0.81

Net Difference 52,576

Prior's Put/Call Breakdown

Total Calls 44,408

Total Puts 11,839

Put/Call Ratio 0.27

Net Difference 32,569

Prior 7-Day Put/Call Summary

Total Calls 309,029

Total Puts 114,482

Average Put/Call Ratio 0.37

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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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

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📈 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

Chart Title

Price — Past 7 Days

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