IBM - Options Database

IBM

IBM CORP

$220.51 -0.35%

(10/6 18:27) ◀

Wednesday, October 7, 2026 (6:26pm)

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◀ 10/7 18:26

Option Volume

Detail

ℹ

Current (10/07) 30,463

Calls: 18,764 (62%)

Puts: 11,699 (38%)

Prior (10/06) 25,591

Calls: 16,250 (63%)

Puts: 9,341 (37%)

Current vs Prior +19.04%

Calls: +15.47% (Calls)

Puts: +25.24% (Puts)

Prior 7-Day Total 292,038

Calls: 184,124 (63%)

Puts: 107,914 (37%)

Prior 7-Day Average 41,719

Calls: 26,303 (63%)

Puts: 15,416 (37%)

Current vs Prior 7-Day Avg -26.98%

Calls: -28.66%

Puts: -24.11%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/07) $15.61M

Calls: $10.30M (66%)

Puts: $5.31M (34%)

Prior (10/06) $17.04M

Calls: $9.80M (58%)

Puts: $7.24M (42%)

Current vs Prior -8.35%

Calls: +5.13%

Puts: -26.60%

Prior 7-Day Total $142.38M

Calls: $72.87M (51%)

Puts: $69.51M (49%)

Prior 7-Day Average $20.34M

Calls: $10.41M (51%)

Puts: $9.93M (49%)

Current vs Prior 7-Day Avg -23.23%

Calls: -1.03%

Puts: -46.52%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/07) 0.62

Prior (10/06) 0.57

Current vs Prior +8.46%

Prior 7-Day Average 0.59

Current vs Prior 7-Day Avg +5.45%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/07) 336,615

Calls: 201,451 (60%)

Puts: 135,164 (40%)

Prior (10/06) 376,603

Calls: 226,201 (60%)

Puts: 150,402 (40%)

Current vs Prior -10.62%

Prior 7-Day Total 2,591,630

Calls: 1,550,183 (60%)

Puts: 1,041,447 (40%)

Prior 7-Day Average 370,232

Calls: 221,454 (60%)

Puts: 148,778 (40%)

Current vs Prior 7-Day Avg -9.08%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 2.55% | 4.33%4.33% | 12.58%

Prior 2.98% | 4.69%4.69% | 12.65%

Current vs Prior -14.42% | -7.58%-7.58% | -0.54%

Prior 7-Day Avg 3.19% | 4.81%5.58% | 13.29%

Current vs 7-Day Avg -20.15% | -10.04%-22.38% | -5.33%

Prior 7-Day Eod 2.98% | 4.69%4.69% | 12.65%

Current vs 7-Day Eod -14.42% | -7.58%-7.58% | -0.54%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 28.11% | 13.11%

Calls: 24.34% | 10.53%

Puts: 31.88% | 15.69%

Prior 28.11% | 13.11%

Calls: 24.34% | 10.53%

Puts: 31.88% | 15.69%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 23.77% | 11.62%

Calls: 18.78% | 9.49%

Puts: 28.77% | 13.75%

Current vs 7-Day Avg +18.24% | +12.84%

Liquidity Expensive

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Moderately bullish flow with 66% call dollar volume ($10.30M). Bullish P/C ratio of 0.62.

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

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 34 of results (avg 7.9%, best 3.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$220.00	Oct 16	4.50	4.70	$4.60	4.3%	238	0.54	680
$220.00	Nov 20	12.20	12.85	$12.52	5.2%	53	0.52	577
$195.00	Oct 9	25.25	27.15	$26.20	7.3%	18	0.96	11
$195.00	Nov 20	28.15	30.30	$29.23	7.4%	66	0.83	56
$185.00	Oct 9	35.05	37.85	$36.45	7.7%	6	0.92	8

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$255.00	Nov 20	36.75	38.00	$37.38	3.3%	11	0.82	730
$250.00	Nov 20	32.15	34.20	$33.17	6.2%	9	0.79	608
$235.00	Nov 20	20.55	21.90	$21.23	6.4%	3	0.65	--
$240.00	Oct 30	21.75	23.30	$22.53	6.9%	21	0.75	61
$250.00	Oct 23	29.25	31.45	$30.35	7.2%	1	0.85	131

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.58, cheapest $0.11)

CALLS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$232.50	Oct 9	0.10	0.12	$0.11	18.2%	862	0.04	1.3K
$235.00	Oct 16	0.61	0.71	$0.66	15.2%	357	0.12	4.9K

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Nov 20	0.87	1.05	$0.96	18.8%	10	0.07	671

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 68 found (avg delta 0.77, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Oct 9	20.10	22.15	$21.13	9.7%	6	0.99	59
$197.50	Oct 9	22.45	24.70	$23.58	9.5%	18	0.99	9
$205.00	Oct 9	15.20	17.85	$16.52	16.0%	7	0.98	9
$202.50	Oct 9	17.05	19.70	$18.38	14.4%	6	0.98	--
$190.00	Oct 9	29.55	32.15	$30.85	8.4%	9	0.98	13

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$232.50	Oct 9	10.55	12.75	$11.65	18.9%	5	1.00	--
$235.00	Oct 9	13.00	15.55	$14.28	17.9%	14	1.00	195
$237.50	Oct 9	15.65	17.70	$16.68	12.3%	1	1.00	17
$250.00	Oct 16	27.30	31.20	$29.25	13.3%	5	1.00	278
$245.00	Oct 16	22.90	25.55	$24.23	10.9%	3	0.96	--

Most actively traded options today. High liquidity = easy entry/exit. 204 active (total vol 22.7K, top 1.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$227.50	Oct 9	0.33	0.41	$0.37	21.6%	1.2K	0.13	1.1K
$237.50	Oct 9	0.03	0.07	$0.05	80.0%	987	0.02	1.4K
$225.00	Oct 9	0.60	0.79	$0.70	27.1%	940	0.23	1.0K
$230.00	Oct 9	0.17	0.23	$0.20	30.0%	878	0.07	1.8K
$232.50	Oct 9	0.10	0.12	$0.11	18.2%	862	0.04	1.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$205.00	Oct 9	0.00	0.09	$0.05	180.0%	1.1K	0.02	1.2K
$205.00	Oct 16	0.26	0.33	$0.30	23.3%	892	0.06	2.3K
$207.50	Oct 16	0.38	0.53	$0.46	32.6%	728	0.09	597
$205.00	Oct 30	3.25	3.90	$3.58	18.2%	558	0.24	668
$200.00	Nov 20	3.85	4.30	$4.08	11.0%	496	0.22	2.4K

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 127 found (best R:R 0.52, avg 4.72)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$200.00	$220.00	Oct 30	$13.15	$6.85	$13.15	82%	0.52	$213.15
$205.00	$215.00	Nov 6	$6.25	$3.75	$6.25	76%	0.60	$211.25
$200.00	$205.00	Nov 20	$3.05	$1.95	$3.05	78%	0.64	$203.05
$245.00	$250.00	Nov 13	$0.33	$4.67	$0.33	23%	14.15	$245.33
$232.50	$235.00	Oct 23	$0.22	$2.28	$0.22	32%	10.36	$232.72

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$235.00	$230.00	Oct 30	$3.02	$1.98	$3.02	68%	0.66	$231.98
$215.00	$210.00	Oct 30	$1.42	$3.58	$1.42	39%	2.52	$213.58
$220.00	$217.50	Oct 23	$0.85	$1.65	$0.85	47%	1.94	$219.15
$230.00	$225.00	Nov 20	$2.67	$2.33	$2.67	60%	0.87	$227.33
$220.00	$215.00	Nov 20	$2.05	$2.95	$2.05	48%	1.44	$217.95

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 98 found (best R:R 1.07, avg 0.33)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$250.00	$255.00	Nov 13	$1.15	$1.15	$3.85	79%	0.30	$251.15
$230.00	$232.50	Oct 23	$1.08	$1.08	$1.42	63%	0.76	$231.08
$247.50	$250.00	Oct 9	$0.19	$0.19	$2.31	96%	0.08	$247.69
$225.00	$227.50	Oct 16	$0.84	$0.84	$1.66	64%	0.51	$225.84
$235.00	$237.50	Oct 23	$0.75	$0.75	$1.75	70%	0.43	$235.75

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$215.00	$210.00	Nov 20	$2.58	$2.58	$2.42	59%	1.07	$212.42
$210.00	$205.00	Oct 30	$1.90	$1.90	$3.10	68%	0.61	$208.10
$220.00	$215.00	Nov 13	$2.65	$2.65	$2.35	52%	1.13	$217.35
$217.50	$215.00	Oct 23	$1.43	$1.43	$1.07	58%	1.34	$216.07
$215.00	$210.00	Nov 6	$2.15	$2.15	$2.85	61%	0.75	$212.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $2.01, cheapest $1.94)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$220.00	Oct 9	Oct 16	$2.07	32.0%	28.9%
$222.50	Oct 9	Oct 16	$2.16	33.0%	31.5%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$220.00	Oct 9	Oct 16	$1.94	32.0%	28.9%
$222.50	Oct 9	Oct 16	$1.86	33.0%	31.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 53 found (cheapest 1.90% of stock, avg 7.61%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$220.00	Oct 9	$2.53	$1.66	$4.19	$215.81	$224.19	1.90%
$222.50	Oct 9	$1.39	$3.09	$4.48	$218.02	$226.98	2.03%
$217.50	Oct 9	$4.35	$0.80	$5.15	$212.35	$222.65	2.34%
$225.00	Oct 9	$0.70	$4.97	$5.67	$219.33	$230.67	2.57%
$215.00	Oct 9	$6.05	$0.36	$6.41	$208.59	$221.41	2.91%
$227.50	Oct 9	$0.37	$7.20	$7.57	$219.93	$235.07	3.43%
$220.00	Oct 16	$4.60	$3.60	$8.20	$211.80	$228.20	3.72%
$222.50	Oct 16	$3.55	$4.95	$8.50	$214.00	$231.00	3.85%
$217.50	Oct 16	$6.15	$2.52	$8.67	$208.83	$226.17	3.93%
$225.00	Oct 16	$2.68	$6.33	$9.01	$215.99	$234.01	4.09%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 0.16% of stock, avg 4.37%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$230.00	$212.50	Oct 9	$0.20	$0.15	$0.35	$212.15	$230.35
$230.00	$207.50	Oct 9	$0.20	$0.22	$0.42	$207.08	$230.42
$227.50	$212.50	Oct 9	$0.37	$0.15	$0.52	$211.98	$228.02
$230.00	$215.00	Oct 9	$0.20	$0.36	$0.56	$214.44	$230.56
$227.50	$207.50	Oct 9	$0.37	$0.22	$0.59	$206.91	$228.09
$227.50	$215.00	Oct 9	$0.37	$0.36	$0.73	$214.27	$228.23
$225.00	$212.50	Oct 9	$0.70	$0.15	$0.85	$211.65	$225.85
$225.00	$207.50	Oct 9	$0.70	$0.22	$0.92	$206.58	$225.92
$225.00	$215.00	Oct 9	$0.70	$0.36	$1.06	$213.94	$226.06
$230.00	$217.50	Oct 9	$0.20	$0.80	$1.00	$216.50	$231.00

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 176 found (best R:R 2.73, avg credit $1.33)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
210/212	235/238	Oct 23	$1.83	$0.67	36%	2.73	$210.67	$236.83
210/212	245/248	Oct 23	$1.52	$0.98	48%	1.55	$210.98	$246.52
205/210	250/255	Nov 13	$2.95	$2.05	45%	1.44	$207.05	$252.95
190/195	250/255	Nov 13	$2.07	$2.93	62%	0.71	$192.93	$252.07
205/210	255/260	Oct 30	$2.40	$2.60	56%	0.92	$207.60	$257.40
200/205	250/255	Nov 13	$2.56	$2.44	52%	1.05	$202.44	$252.56
210/212	240/242	Oct 23	$1.57	$0.93	43%	1.69	$210.93	$241.57
205/210	235/240	Oct 30	$3.30	$1.70	37%	1.94	$206.70	$238.30
205/208	248/250	Oct 9	$0.36	$2.14	90%	0.17	$207.14	$247.86
202/205	235/238	Oct 23	$1.40	$1.10	48%	1.27	$203.60	$236.40

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 102 found (best R:R 70.43, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$220.00	$225.00	$230.00	Nov 20	$0.05	$4.95	12%	99.00
$230.00	$235.00	$240.00	Nov 20	$0.10	$4.90	11%	49.00
$240.00	$245.00	$250.00	Nov 20	$0.06	$4.94	8%	82.33
$235.00	$240.00	$245.00	Nov 6	$0.18	$4.82	11%	26.78
$240.00	$245.00	$250.00	Nov 6	$0.15	$4.85	10%	32.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$205.00	$210.00	$215.00	Nov 13	$0.07	$4.93	13%	70.43
$215.00	$220.00	$225.00	Oct 30	$0.25	$4.75	16%	19.00
$190.00	$195.00	$200.00	Oct 30	$0.14	$4.86	9%	34.71
$220.00	$222.50	$225.00	Oct 9	$0.45	$2.05	36%	4.56
$230.00	$232.50	$235.00	Oct 16	$0.07	$2.43	10%	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. 116 found (best net $-3.36, 106 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$205.00	$220.00	1:2	Nov 20	-$3.36	$11.64
$210.00	$215.00	1:2	Oct 9	-$0.80	$4.20
$230.00	$245.00	1:2	Nov 13	-$0.13	$14.87
$225.00	$235.00	1:2	Nov 6	-$1.93	$8.07
$217.50	$220.00	1:2	Oct 9	-$0.71	$1.79

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$250.00	$235.00	1:2	Nov 20	-$9.29	$5.71
$247.50	$235.00	1:2	Oct 23	-$8.44	$4.06
$222.50	$220.00	1:2	Oct 9	-$0.23	$2.27
$225.00	$222.50	1:2	Oct 9	-$1.21	$1.29
$215.00	$212.50	1:2	Oct 16	-$0.29	$2.21

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 54 found (best yield 4.49%, avg 1.51%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$225.00	Nov 20	$9.90	0.46	2.0%	4.49%	6.53%	60	515
$230.00	Nov 20	$8.10	0.40	4.3%	3.67%	7.98%	53	1.3K
$235.00	Nov 20	$6.60	0.35	6.6%	2.99%	9.56%	92	828
$225.00	Nov 13	$8.95	0.46	2.0%	4.06%	6.09%	35	30
$225.00	Nov 6	$8.85	0.47	2.0%	4.01%	6.05%	9	16
$240.00	Nov 20	$5.15	0.29	8.8%	2.34%	11.17%	251	2.5K
$245.00	Nov 20	$4.25	0.25	11.1%	1.93%	13.03%	131	1.3K
$230.00	Nov 13	$6.35	0.39	4.3%	2.88%	7.18%	1	6
$235.00	Nov 6	$5.25	0.33	6.6%	2.38%	8.95%	35	132
$230.00	Oct 30	$6.15	0.38	4.3%	2.79%	7.09%	141	431

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 18,764

Total Puts 11,699

Put/Call Ratio 0.62

Net Difference 7,065

Prior's Put/Call Breakdown

Total Calls 16,250

Total Puts 9,341

Put/Call Ratio 0.57

Net Difference 6,909

Prior 7-Day Put/Call Summary

Total Calls 184,124

Total Puts 107,914

Average Put/Call Ratio 0.59

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

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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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