IBM - Options Database

IBM

IBM CORP

$226.61 +2.77%

$225.78 (-0.37%)🌙

as of 10/08 06:24 PM

(10/7 18:26) ◀

Thursday, October 8, 2026 (6:24pm)

▶ (10/12 18:26)

◀ 10/8 18:24 ▶

Option Volume

Detail

ℹ

Current (10/08) 88,153

Calls: 68,940 (78%)

Puts: 19,213 (22%)

Prior (10/07) 30,463

Calls: 18,764 (62%)

Puts: 11,699 (38%)

Current vs Prior +189.38%

Calls: +267.41% (Calls)

Puts: +64.23% (Puts)

Prior 7-Day Total 278,166

Calls: 176,535 (63%)

Puts: 101,631 (37%)

Prior 7-Day Average 39,738

Calls: 25,219 (63%)

Puts: 14,518 (37%)

Current vs Prior 7-Day Avg +121.84%

Calls: +173.36%

Puts: +32.33%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/08) $47.28M

Calls: $30.47M (64%)

Puts: $16.81M (36%)

Prior (10/07) $15.61M

Calls: $10.30M (66%)

Puts: $5.31M (34%)

Current vs Prior +202.80%

Calls: +195.71%

Puts: +216.55%

Prior 7-Day Total $132.93M

Calls: $71.00M (53%)

Puts: $61.93M (47%)

Prior 7-Day Average $18.99M

Calls: $10.14M (53%)

Puts: $8.85M (47%)

Current vs Prior 7-Day Avg +148.97%

Calls: +200.39%

Puts: +90.02%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/08) 0.28

Prior (10/07) 0.62

Current vs Prior -55.30%

Prior 7-Day Average 0.58

Current vs Prior 7-Day Avg -52.18%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/08) 400,587

Calls: 236,774 (59%)

Puts: 163,813 (41%)

Prior (10/07) 336,615

Calls: 201,451 (60%)

Puts: 135,164 (40%)

Current vs Prior +19.00%

Prior 7-Day Total 2,560,928

Calls: 1,531,194 (60%)

Puts: 1,029,734 (40%)

Prior 7-Day Average 365,846

Calls: 218,742 (60%)

Puts: 147,104 (40%)

Current vs Prior 7-Day Avg +9.50%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 2.19% | 4.13%4.13% | 12.61%

Prior 2.55% | 4.33%4.33% | 12.58%

Current vs Prior -14.12% | -4.63%-4.63% | +0.22%

Prior 7-Day Avg 3.04% | 4.73%5.29% | 13.07%

Current vs 7-Day Avg -28.11% | -12.58%-21.99% | -3.52%

Prior 7-Day Eod 2.55% | 4.33%4.33% | 12.58%

Current vs 7-Day Eod -14.12% | -4.63%-4.63% | +0.22%

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 25.22% | 12.12%

Calls: 20.63% | 9.84%

Puts: 29.81% | 14.40%

Current vs 7-Day Avg +11.47% | +8.21%

Liquidity Expensive

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Moderately bullish flow with 64% call dollar volume ($30.47M). Massive premium surge with dollar volume up 203% vs prior. Dollar volume significantly above 7-day average (149% higher). Unusually high activity with volume up 189% vs prior - elevated interest.

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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Tightest Spreads

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Best Value <$1

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 49 of results (avg 7.5%, best 4.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$250.00	Nov 20	4.90	5.10	$5.00	4.0%	8.8K	0.26	3.1K
$235.00	Nov 20	9.05	9.50	$9.28	4.8%	139	0.41	835
$220.00	Nov 20	15.80	16.65	$16.23	5.2%	799	0.60	597
$230.00	Oct 23	8.05	8.50	$8.28	5.4%	220	0.47	474
$230.00	Nov 20	10.85	11.50	$11.18	5.8%	157	0.47	1.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Nov 20	5.75	6.00	$5.88	4.3%	42	0.28	1.3K
$270.00	Oct 16	42.15	44.80	$43.47	6.1%	48	1.00	--
$270.00	Nov 20	44.45	47.35	$45.90	6.3%	2	0.86	426
$265.00	Oct 30	38.25	40.75	$39.50	6.3%	1	0.88	--
$255.00	Nov 20	31.75	33.95	$32.85	6.7%	54	0.77	727

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 5 found (avg $0.57, cheapest $0.39)

CALLS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$232.50	Oct 9	0.26	0.28	$0.27	7.4%	4.1K	0.12	1.6K
$230.00	Oct 9	0.56	0.65	$0.61	14.8%	5.0K	0.23	2.0K
$240.00	Oct 16	0.78	0.86	$0.82	9.8%	913	0.14	3.9K

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$222.50	Oct 9	0.35	0.42	$0.39	17.9%	365	0.17	401
$215.00	Oct 16	0.67	0.82	$0.75	20.0%	997	0.13	4.7K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 89 found (avg delta 0.77, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Oct 9	30.05	33.40	$31.73	10.6%	4	1.00	15
$200.00	Oct 9	25.65	27.75	$26.70	7.9%	5	1.00	61
$202.50	Oct 9	22.70	25.45	$24.08	11.4%	4	1.00	1
$205.00	Oct 9	20.10	22.95	$21.53	13.2%	5	1.00	8
$207.50	Oct 9	18.10	20.55	$19.33	12.7%	6	1.00	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$260.00	Oct 16	32.10	34.95	$33.53	8.5%	251	1.00	53
$265.00	Oct 16	37.15	40.35	$38.75	8.3%	167	1.00	--
$270.00	Oct 16	42.15	44.80	$43.47	6.1%	48	1.00	--
$260.00	Oct 9	32.15	34.80	$33.47	7.9%	26	0.98	--
$235.00	Oct 9	7.40	9.75	$8.57	27.4%	95	0.94	71

Most actively traded options today. High liquidity = easy entry/exit. 248 active (total vol 78.1K, top 8.8K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$250.00	Nov 20	4.90	5.10	$5.00	4.0%	8.8K	0.26	3.1K
$235.00	Oct 16	1.54	1.65	$1.60	6.9%	7.2K	0.24	4.9K
$225.00	Oct 9	2.50	2.82	$2.66	12.0%	6.0K	0.65	1.1K
$227.50	Oct 9	1.24	1.40	$1.32	12.1%	5.1K	0.41	1.9K
$230.00	Oct 9	0.56	0.65	$0.61	14.8%	5.0K	0.23	2.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$235.00	Nov 20	17.15	19.65	$18.40	13.6%	2.0K	0.58	2.6K
$217.50	Oct 9	0.03	0.06	$0.05	60.0%	1.2K	0.03	1.0K
$220.00	Oct 9	0.11	0.14	$0.13	23.1%	1.1K	0.07	861
$215.00	Oct 16	0.67	0.82	$0.75	20.0%	997	0.13	4.7K
$220.00	Oct 16	1.60	1.78	$1.69	10.7%	893	0.26	4.6K

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. 150 found (best R:R 3.17, avg 5.40)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$225.00	$227.50	Oct 16	$0.60	$1.90	$0.60	57%	3.17	$225.60
$250.00	$255.00	Nov 6	$0.40	$4.60	$0.40	24%	11.50	$250.40
$215.00	$220.00	Nov 13	$2.58	$2.42	$2.58	66%	0.94	$217.58
$205.00	$210.00	Nov 20	$3.30	$1.70	$3.30	78%	0.52	$208.30
$230.00	$235.00	Oct 30	$1.65	$3.35	$1.65	47%	2.03	$231.65

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$215.00	$212.50	Oct 23	$0.20	$2.30	$0.20	29%	11.50	$214.80
$215.00	$210.00	Nov 6	$0.93	$4.07	$0.93	31%	4.38	$214.07
$240.00	$235.00	Nov 20	$2.78	$2.22	$2.78	63%	0.80	$237.22
$235.00	$232.50	Oct 23	$1.23	$1.27	$1.23	61%	1.03	$233.77
$230.00	$227.50	Oct 9	$1.63	$0.87	$1.63	77%	0.53	$228.37

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 114 found (best R:R 1.33, avg 0.33)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$255.00	$260.00	Nov 6	$1.14	$1.14	$3.86	79%	0.30	$256.14
$260.00	$270.00	Nov 13	$1.39	$1.39	$8.61	83%	0.16	$261.39
$255.00	$257.50	Oct 16	$0.23	$0.23	$2.27	95%	0.10	$255.23
$235.00	$237.50	Oct 23	$1.05	$1.05	$1.45	61%	0.72	$236.05
$242.50	$245.00	Oct 23	$0.77	$0.77	$1.73	72%	0.45	$243.27

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$225.00	$220.00	Nov 6	$2.85	$2.85	$2.15	54%	1.33	$222.15
$210.00	$205.00	Nov 6	$1.75	$1.75	$3.25	74%	0.54	$208.25
$215.00	$210.00	Nov 13	$2.10	$2.10	$2.90	66%	0.72	$212.90
$212.50	$210.00	Oct 23	$1.13	$1.13	$1.37	74%	0.82	$211.37
$220.00	$215.00	Nov 20	$2.27	$2.27	$2.73	60%	0.83	$217.73

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $2.39, cheapest $2.38)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$227.50	Oct 9	Oct 16	$2.76	39.1%	33.5%
$225.00	Oct 9	Oct 16	$2.02	36.2%	31.6%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$227.50	Oct 9	Oct 16	$2.38	39.1%	33.5%
$225.00	Oct 9	Oct 16	$2.40	36.2%	31.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 62 found (cheapest 1.60% of stock, avg 8.10%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$227.50	Oct 9	$1.32	$2.30	$3.62	$223.88	$231.12	1.60%
$225.00	Oct 9	$2.66	$1.00	$3.66	$221.34	$228.66	1.62%
$230.00	Oct 9	$0.61	$3.93	$4.54	$225.46	$234.54	2.00%
$222.50	Oct 9	$4.50	$0.39	$4.89	$217.61	$227.39	2.16%
$220.00	Oct 9	$6.30	$0.13	$6.43	$213.57	$226.43	2.84%
$232.50	Oct 9	$0.27	$6.45	$6.72	$225.78	$239.22	2.97%
$225.00	Oct 16	$4.68	$3.40	$8.08	$216.92	$233.08	3.57%
$235.00	Oct 9	$0.12	$8.57	$8.69	$226.31	$243.69	3.83%
$227.50	Oct 16	$4.08	$4.68	$8.76	$218.74	$236.26	3.87%
$222.50	Oct 16	$6.57	$2.35	$8.92	$213.58	$231.42	3.94%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 166 found (cheapest 0.11% of stock, avg 4.90%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$235.00	$220.00	Oct 9	$0.12	$0.13	$0.25	$219.75	$235.25
$232.50	$220.00	Oct 9	$0.27	$0.13	$0.40	$219.60	$232.90
$235.00	$222.50	Oct 9	$0.12	$0.39	$0.51	$221.99	$235.51
$232.50	$222.50	Oct 9	$0.27	$0.39	$0.66	$221.84	$233.16
$230.00	$220.00	Oct 9	$0.61	$0.13	$0.74	$219.26	$230.74
$230.00	$222.50	Oct 9	$0.61	$0.39	$1.00	$221.50	$231.00
$235.00	$190.00	Oct 9	$0.12	$1.07	$1.19	$188.81	$236.19
$232.50	$190.00	Oct 9	$0.27	$1.07	$1.34	$188.66	$233.84
$235.00	$225.00	Oct 9	$0.12	$1.00	$1.12	$223.88	$236.12
$232.50	$225.00	Oct 9	$0.27	$1.00	$1.27	$223.73	$233.77

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 241 found (best R:R 1.37, avg credit $1.31)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
205/210	255/260	Nov 6	$2.89	$2.11	53%	1.37	$207.11	$257.89
210/212	242/245	Oct 23	$1.90	$0.60	46%	3.17	$210.60	$244.40
210/212	248/250	Oct 23	$1.63	$0.87	51%	1.87	$210.87	$249.13
210/212	250/252	Oct 23	$1.50	$1.00	54%	1.50	$211.00	$251.50
210/212	238/240	Oct 23	$1.76	$0.74	39%	2.38	$210.74	$239.26
195/198	255/258	Oct 16	$0.46	$2.04	91%	0.23	$197.04	$255.46
210/215	245/250	Nov 13	$3.41	$1.59	36%	2.14	$211.59	$248.41
208/210	242/245	Oct 23	$1.46	$1.04	50%	1.40	$208.54	$243.96
210/212	240/242	Oct 23	$1.63	$0.87	43%	1.87	$210.87	$241.63
210/215	255/260	Nov 13	$2.90	$2.10	45%	1.38	$212.10	$257.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 135 found (best R:R 70.43, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$215.00	$220.00	$225.00	Nov 20	$0.07	$4.93	13%	70.43
$235.00	$240.00	$245.00	Nov 6	$0.08	$4.92	12%	61.50
$240.00	$245.00	$250.00	Oct 30	$0.08	$4.92	11%	61.50
$235.00	$240.00	$245.00	Nov 20	$0.06	$4.94	11%	82.33
$230.00	$235.00	$240.00	Nov 13	$0.12	$4.88	12%	40.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$225.00	$227.50	$230.00	Oct 9	$0.33	$2.17	42%	6.58
$220.00	$225.00	$230.00	Oct 30	$0.18	$4.82	15%	26.78
$215.00	$220.00	$225.00	Nov 20	$0.16	$4.84	13%	30.25
$217.50	$220.00	$222.50	Oct 16	$0.07	$2.43	15%	34.71
$200.00	$205.00	$210.00	Nov 13	$0.15	$4.85	11%	32.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 134 found (best net $-5.16, 116 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$200.00	$215.00	1:2	Oct 30	-$5.16	$9.84
$185.00	$200.00	1:2	Oct 16	-$11.56	$3.44
$222.50	$225.00	1:2	Oct 9	-$0.82	$1.68
$235.00	$237.50	1:2	Oct 9	$0.00	$2.50
$237.50	$240.00	1:2	Oct 9	-$0.02	$2.48

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$230.00	$227.50	1:2	Oct 9	-$0.67	$1.83
$232.50	$230.00	1:2	Oct 9	-$1.41	$1.09
$205.00	$202.50	1:2	Oct 16	$0.00	$2.50
$217.50	$215.00	1:2	Oct 9	-$0.01	$2.49
$210.00	$207.50	1:2	Oct 16	-$0.09	$2.41

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 62 found (best yield 3.99%, avg 1.61%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$235.00	Nov 20	$9.05	0.41	3.7%	3.99%	7.70%	139	835
$230.00	Nov 20	$10.85	0.47	1.5%	4.79%	6.28%	157	1.4K
$240.00	Nov 20	$7.45	0.36	5.9%	3.29%	9.20%	1.1K	2.7K
$245.00	Nov 20	$5.95	0.31	8.1%	2.63%	10.74%	158	1.4K
$230.00	Nov 13	$9.45	0.47	1.5%	4.17%	5.67%	1	--
$250.00	Nov 20	$4.90	0.26	10.3%	2.16%	12.48%	8.8K	3.1K
$230.00	Nov 6	$9.30	0.47	1.5%	4.10%	5.60%	29	46
$235.00	Nov 13	$7.40	0.41	3.7%	3.27%	6.97%	6	15
$235.00	Nov 6	$7.20	0.41	3.7%	3.18%	6.88%	35	143
$240.00	Nov 13	$5.80	0.35	5.9%	2.56%	8.47%	7	12

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 68,940

Total Puts 19,213

Put/Call Ratio 0.28

Net Difference 49,727

Prior's Put/Call Breakdown

Total Calls 18,764

Total Puts 11,699

Put/Call Ratio 0.62

Net Difference 7,065

Prior 7-Day Put/Call Summary

Total Calls 176,535

Total Puts 101,631

Average Put/Call Ratio 0.58

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

Chart Title

Price — Past 7 Days

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