IBM - Options Database

IBM

IBM CORP

$219.93 -0.03%

$220.10 (+0.08%)🌙

as of 10/01 12:08 AM

(9/29 18:35) ◀

Wednesday, September 30, 2026 (12:08am)

▶ (10/1 09:35)

◀ 9/30 00:08 ▶

Option Volume

Detail

ℹ

Current (10/01) 32,519

Calls: 20,713 (64%)

Puts: 11,806 (36%)

Prior (09/29) 25,716

Calls: 17,592 (68%)

Puts: 8,124 (32%)

Current vs Prior +26.45%

Calls: +17.74% (Calls)

Puts: +45.32% (Puts)

Prior 7-Day Total 316,295

Calls: 211,405 (67%)

Puts: 104,890 (33%)

Prior 7-Day Average 45,185

Calls: 30,200 (67%)

Puts: 14,984 (33%)

Current vs Prior 7-Day Avg -28.03%

Calls: -31.42%

Puts: -21.21%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/01) $21.40M

Calls: $10.56M (49%)

Puts: $10.84M (51%)

Prior (09/29) $12.91M

Calls: $6.49M (50%)

Puts: $6.42M (50%)

Current vs Prior +65.72%

Calls: +62.70%

Puts: +68.77%

Prior 7-Day Total $153.37M

Calls: $88.93M (58%)

Puts: $64.44M (42%)

Prior 7-Day Average $21.91M

Calls: $12.70M (58%)

Puts: $9.21M (42%)

Current vs Prior 7-Day Avg -2.34%

Calls: -16.87%

Puts: +17.71%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (10/01) 0.57

Prior (09/29) 0.46

Current vs Prior +23.43%

Prior 7-Day Average 0.51

Current vs Prior 7-Day Avg +12.26%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/01) 345,777

Calls: 209,269 (61%)

Puts: 136,508 (39%)

Prior (09/29) 356,124

Calls: 220,310 (62%)

Puts: 135,814 (38%)

Current vs Prior -2.91%

Prior 7-Day Total 2,710,558

Calls: 1,685,234 (62%)

Puts: 1,025,324 (38%)

Prior 7-Day Average 387,222

Calls: 240,747 (62%)

Puts: 146,474 (38%)

Current vs Prior 7-Day Avg -10.70%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (10/02) | Next (10/09)Expiry (10/16) | Next (11/20)

Current 3.08% | 4.60%5.87% | 13.28%

Prior 3.14% | 4.85%6.21% | 13.64%

Current vs Prior -2.00% | -5.31%-5.46% | -2.61%

Prior 7-Day Avg 3.47% | 5.13%5.59% | 12.60%

Current vs 7-Day Avg -11.19% | -10.32%+5.13% | +5.42%

Prior 7-Day Eod 3.14% | 4.85%6.21% | 13.64%

Current vs 7-Day Eod -2.00% | -5.31%-5.46% | -2.61%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 17.99% | 9.63%

Calls: 11.36% | 8.11%

Puts: 24.63% | 11.16%

Prior 17.99% | 9.63%

Calls: 11.36% | 8.11%

Puts: 24.63% | 11.16%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 17.18% | 10.10%

Calls: 11.53% | 8.54%

Puts: 22.85% | 11.67%

Current vs 7-Day Avg +4.69% | -4.67%

Liquidity Expensive

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🤖 AI Insights

Elevated premium activity with dollar volume up 66% vs prior. Bullish P/C ratio of 0.57. Call-heavy open interest (209,269 calls vs 136,508 puts) suggests bullish positioning.

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 BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

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💰 Best Value Under $1

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⚡ Straddles

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🛡️ 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 19 of results (avg 7.5%, best 5.4%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Oct 23	40.25	42.50	$41.38	5.4%	9	0.96	1
$200.00	Oct 23	22.80	24.75	$23.78	8.2%	5	0.81	4
$235.00	Oct 16	1.36	1.48	$1.42	8.5%	126	0.18	4.9K
$215.00	Oct 30	13.55	14.90	$14.23	9.5%	6	0.60	19
$220.00	Oct 9	4.40	4.85	$4.63	9.7%	128	0.51	256

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$240.00	Oct 16	19.75	20.90	$20.33	5.7%	12	0.89	1.1K
$255.00	Oct 16	34.40	36.50	$35.45	5.9%	36	1.00	474
$260.00	Oct 30	39.20	41.80	$40.50	6.4%	1	0.88	6
$250.00	Oct 23	30.50	32.55	$31.53	6.5%	21	0.83	109
$250.00	Oct 30	30.90	33.00	$31.95	6.6%	1	0.81	31

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.64, cheapest $0.27)

CALLS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$230.00	Oct 2	0.24	0.29	$0.27	18.5%	648	0.09	1.3K
$225.00	Oct 2	0.83	1.01	$0.92	19.6%	1.6K	0.24	1.0K
$245.00	Oct 16	0.48	0.56	$0.52	15.4%	103	0.07	1.3K
$240.00	Oct 16	0.80	0.91	$0.86	12.8%	145	0.12	3.5K

PUTS (0)

No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 68 found (avg delta 0.75, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$207.50	Oct 2	11.85	14.50	$13.18	20.1%	2	0.96	1
$180.00	Oct 23	40.25	42.50	$41.38	5.4%	9	0.96	1
$200.00	Oct 9	19.10	22.50	$20.80	16.3%	1	0.95	8
$205.00	Oct 9	15.05	17.25	$16.15	13.6%	2	0.90	5
$210.00	Oct 9	10.50	13.00	$11.75	21.3%	2	0.84	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$235.00	Oct 2	13.25	15.90	$14.58	18.2%	14	1.00	126
$237.50	Oct 2	15.90	18.15	$17.02	13.2%	10	1.00	65
$242.50	Oct 2	20.85	23.15	$22.00	10.5%	15	1.00	26
$245.00	Oct 2	23.75	26.45	$25.10	10.8%	20	1.00	--
$255.00	Oct 16	34.40	36.50	$35.45	5.9%	36	1.00	474

Most actively traded options today. High liquidity = easy entry/exit. 196 active (total vol 21.1K, top 2.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$225.00	Oct 2	0.83	1.01	$0.92	19.6%	1.6K	0.24	1.0K
$250.00	Oct 16	0.30	0.39	$0.35	25.7%	1.4K	0.05	4.5K
$232.50	Oct 2	0.12	0.19	$0.16	43.8%	1.1K	0.05	1.5K
$220.00	Oct 2	2.44	2.98	$2.71	19.9%	881	0.52	602
$230.00	Oct 2	0.24	0.29	$0.27	18.5%	648	0.09	1.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$220.00	Oct 2	2.15	2.69	$2.42	22.3%	2.1K	0.48	955
$210.00	Oct 2	0.14	0.24	$0.19	52.6%	1.7K	0.06	1.4K
$205.00	Oct 30	4.25	5.00	$4.63	16.2%	374	0.26	156
$205.00	Oct 23	3.85	4.30	$4.08	11.0%	366	0.25	225
$215.00	Oct 2	0.62	0.92	$0.77	39.0%	344	0.21	2.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 30.6%, max 35.5%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$217.50	Oct 2	Oct 16	42.3%	31.2%	35.5%	63	114
$222.50	Oct 2	Oct 16	41.6%	33.1%	25.6%	504	307

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$217.50	Oct 2	Oct 16	42.3%	31.2%	35.5%	383	836
$222.50	Oct 2	Oct 16	41.6%	33.1%	25.6%	31	542

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 117 found (best R:R 3.63, avg 5.37)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$230.00	$235.00	Nov 6	$1.08	$3.92	$1.08	40%	3.63	$231.08
$205.00	$215.00	Oct 23	$6.30	$3.70	$6.30	75%	0.59	$211.30
$215.00	$217.50	Oct 16	$0.98	$1.52	$0.98	66%	1.55	$215.98
$220.00	$225.00	Nov 6	$2.13	$2.87	$2.13	53%	1.35	$222.13
$220.00	$225.00	Oct 30	$2.13	$2.87	$2.13	53%	1.35	$222.13

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$232.50	$230.00	Oct 16	$1.48	$1.02	$1.48	78%	0.69	$231.02
$227.50	$225.00	Oct 9	$1.35	$1.15	$1.35	73%	0.85	$226.15
$235.00	$230.00	Nov 6	$2.85	$2.15	$2.85	65%	0.75	$232.15
$195.00	$190.00	Nov 6	$0.57	$4.43	$0.57	18%	7.77	$194.43
$225.00	$222.50	Oct 2	$1.67	$0.83	$1.67	77%	0.50	$223.33

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 87 found (best R:R 0.26, avg 0.31)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$235.00	$240.00	Nov 6	$2.02	$2.02	$2.98	65%	0.68	$237.02
$227.50	$230.00	Oct 9	$0.66	$0.66	$1.84	72%	0.36	$228.16
$222.50	$225.00	Oct 9	$1.02	$1.02	$1.48	57%	0.69	$223.52
$222.50	$225.00	Oct 16	$1.12	$1.12	$1.38	54%	0.81	$223.62
$222.50	$225.00	Oct 2	$0.77	$0.77	$1.73	63%	0.45	$223.27

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$190.00	$185.00	Nov 6	$1.04	$1.04	$3.96	86%	0.26	$188.96
$210.00	$205.00	Nov 6	$2.00	$2.00	$3.00	66%	0.67	$208.00
$190.00	$180.00	Oct 23	$0.94	$0.94	$9.06	90%	0.10	$189.06
$210.00	$205.00	Oct 30	$1.75	$1.75	$3.25	67%	0.54	$208.25
$200.00	$195.00	Oct 30	$1.12	$1.12	$3.88	79%	0.29	$198.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.79, cheapest $1.43)

CALLS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$217.50	Oct 2	Oct 9	$1.43	42.3%	31.7%
$220.00	Oct 2	Oct 9	$1.92	39.8%	31.8%
$222.50	Oct 2	Oct 9	$1.91	41.6%	34.1%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$217.50	Oct 2	Oct 9	$1.63	42.3%	31.7%
$220.00	Oct 2	Oct 9	$1.91	39.8%	31.8%
$222.50	Oct 2	Oct 9	$1.95	41.6%	34.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 57 found (cheapest 2.33% of stock, avg 7.62%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$220.00	Oct 2	$2.71	$2.42	$5.13	$214.87	$225.13	2.33%
$222.50	Oct 2	$1.69	$3.98	$5.67	$216.83	$228.17	2.58%
$217.50	Oct 2	$4.35	$1.53	$5.88	$211.62	$223.38	2.67%
$225.00	Oct 2	$0.92	$5.65	$6.57	$218.43	$231.57	2.99%
$215.00	Oct 2	$6.03	$0.77	$6.80	$208.20	$221.80	3.09%
$227.50	Oct 2	$0.50	$7.70	$8.20	$219.30	$235.70	3.73%
$217.50	Oct 9	$5.78	$3.16	$8.94	$208.56	$226.44	4.06%
$220.00	Oct 9	$4.63	$4.33	$8.96	$211.04	$228.96	4.07%
$222.50	Oct 9	$3.60	$5.93	$9.53	$212.97	$232.03	4.33%
$230.00	Oct 2	$0.27	$9.70	$9.97	$220.03	$239.97	4.53%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.16% of stock, avg 3.93%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$232.50	$210.00	Oct 2	$0.16	$0.19	$0.35	$209.65	$232.85
$230.00	$210.00	Oct 2	$0.27	$0.19	$0.46	$209.54	$230.46
$232.50	$212.50	Oct 2	$0.16	$0.44	$0.60	$211.90	$233.10
$230.00	$212.50	Oct 2	$0.27	$0.44	$0.71	$211.79	$230.71
$227.50	$210.00	Oct 2	$0.50	$0.19	$0.69	$209.31	$228.19
$227.50	$212.50	Oct 2	$0.50	$0.44	$0.94	$211.56	$228.44
$232.50	$215.00	Oct 2	$0.16	$0.77	$0.93	$214.07	$233.43
$230.00	$215.00	Oct 2	$0.27	$0.77	$1.04	$213.96	$231.04
$225.00	$210.00	Oct 2	$0.92	$0.19	$1.11	$208.89	$226.11
$227.50	$215.00	Oct 2	$0.50	$0.77	$1.27	$213.73	$228.77

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 177 found (best R:R 0.53, avg credit $1.22)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
185/190	250/255	Nov 6	$1.73	$3.27	66%	0.53	$188.27	$251.73
185/190	255/260	Nov 6	$1.55	$3.45	70%	0.45	$188.45	$256.55
185/190	245/250	Nov 6	$1.93	$3.07	62%	0.63	$188.07	$246.93
210/212	228/230	Oct 9	$1.28	$1.22	49%	1.05	$211.22	$228.78
205/210	250/255	Nov 6	$2.69	$2.31	46%	1.16	$207.31	$252.69
205/210	255/260	Nov 6	$2.51	$2.49	50%	1.01	$207.49	$257.51
205/210	245/250	Nov 6	$2.89	$2.11	42%	1.37	$207.11	$247.89
202/205	228/230	Oct 9	$0.91	$1.59	63%	0.57	$204.09	$228.41
210/212	240/242	Oct 9	$0.73	$1.77	70%	0.41	$211.77	$240.73
202/205	240/242	Oct 9	$0.36	$2.14	84%	0.17	$204.64	$240.36

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 102 found (best R:R 21.73, cheapest $0.06)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$220.00	$225.00	$230.00	Oct 30	$0.11	$4.89	13%	44.45
$220.00	$225.00	$230.00	Oct 23	$0.20	$4.80	14%	24.00
$220.00	$222.50	$225.00	Oct 2	$0.25	$2.25	28%	9.00
$240.00	$245.00	$250.00	Nov 6	$0.09	$4.91	9%	54.56
$235.00	$240.00	$245.00	Oct 23	$0.17	$4.83	11%	28.41

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$220.00	$222.50	$225.00	Oct 2	$0.11	$2.39	29%	21.73
$215.00	$217.50	$220.00	Oct 2	$0.13	$2.37	28%	18.23
$215.00	$220.00	$225.00	Oct 23	$0.16	$4.84	15%	30.25
$195.00	$200.00	$205.00	Oct 30	$0.06	$4.94	11%	82.33
$220.00	$225.00	$230.00	Oct 23	$0.17	$4.83	14%	28.41

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 $-6.18, 109 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$180.00	$200.00	1:2	Oct 23	-$6.18	$13.82
$200.00	$215.00	1:2	Nov 6	-$4.73	$10.27
$222.50	$225.00	1:2	Oct 2	-$0.15	$2.35
$217.50	$220.00	1:2	Oct 2	-$1.07	$1.43
$220.00	$222.50	1:2	Oct 2	-$0.67	$1.83

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$250.00	$235.00	1:2	Oct 30	-$8.15	$6.85
$217.50	$215.00	1:2	Oct 2	-$0.01	$2.49
$222.50	$220.00	1:2	Oct 2	-$0.86	$1.64
$205.00	$200.00	1:2	Oct 16	$0.00	$5.00
$220.00	$217.50	1:2	Oct 2	-$0.64	$1.86

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 55 found (best yield 5.34%, avg 1.49%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$220.00	Nov 6	$11.75	0.53	0.0%	5.34%	5.37%	56	3
$230.00	Nov 6	$7.40	0.40	4.6%	3.36%	7.94%	14	19
$225.00	Oct 30	$9.00	0.46	2.3%	4.09%	6.40%	52	88
$235.00	Nov 6	$6.05	0.35	6.8%	2.75%	9.60%	3	--
$225.00	Nov 6	$8.85	0.47	2.3%	4.02%	6.33%	23	19
$230.00	Oct 30	$7.10	0.39	4.6%	3.23%	7.81%	77	220
$220.00	Oct 30	$10.85	0.53	0.0%	4.93%	4.97%	24	52
$235.00	Oct 30	$5.40	0.33	6.8%	2.46%	9.31%	376	104
$225.00	Oct 23	$8.00	0.45	2.3%	3.64%	5.94%	35	75
$240.00	Nov 6	$4.40	0.29	9.1%	2.00%	11.13%	3	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 20,713

Total Puts 11,806

Put/Call Ratio 0.57

Net Difference 8,907

Prior's Put/Call Breakdown

Total Calls 17,592

Total Puts 8,124

Put/Call Ratio 0.46

Net Difference 9,468

Prior 7-Day Put/Call Summary

Total Calls 211,405

Total Puts 104,890

Average Put/Call Ratio 0.51

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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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

Chart Title

Price — Past 7 Days

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