IBM - Options Database

IBM

IBM CORP

$227.02 -0.05%

$226.78 (-0.11%)🌙

as of 10/12 06:26 PM

(10/8 18:24) ◀

Monday, October 12, 2026 (6:26pm)

▶ (10/13 18:26)

◀ 10/12 18:26 ▶

Option Volume

Detail

ℹ

Current (10/12) 24,136

Calls: 13,599 (56%)

Puts: 10,537 (44%)

Prior (10/08) 88,153

Calls: 68,940 (78%)

Puts: 19,213 (22%)

Current vs Prior -72.62%

Calls: -80.27% (Calls)

Puts: -45.16% (Puts)

Prior 7-Day Total 340,603

Calls: 227,883 (67%)

Puts: 112,720 (33%)

Prior 7-Day Average 48,657

Calls: 32,554 (67%)

Puts: 16,102 (33%)

Current vs Prior 7-Day Avg -50.40%

Calls: -58.23%

Puts: -34.56%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/12) $12.18M

Calls: $6.62M (54%)

Puts: $5.56M (46%)

Prior (10/08) $47.28M

Calls: $30.47M (64%)

Puts: $16.81M (36%)

Current vs Prior -74.23%

Calls: -78.26%

Puts: -66.92%

Prior 7-Day Total $167.30M

Calls: $94.97M (57%)

Puts: $72.32M (43%)

Prior 7-Day Average $23.90M

Calls: $13.57M (57%)

Puts: $10.33M (43%)

Current vs Prior 7-Day Avg -49.02%

Calls: -51.19%

Puts: -46.17%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/12) 0.77

Prior (10/08) 0.28

Current vs Prior +178.03%

Prior 7-Day Average 0.56

Current vs Prior 7-Day Avg +39.18%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (10/12) 342,479

Calls: 203,522 (59%)

Puts: 138,957 (41%)

Prior (10/08) 400,587

Calls: 236,774 (59%)

Puts: 163,813 (41%)

Current vs Prior -14.51%

Prior 7-Day Total 2,605,391

Calls: 1,547,658 (59%)

Puts: 1,057,733 (41%)

Prior 7-Day Average 372,198

Calls: 221,094 (59%)

Puts: 151,104 (41%)

Current vs Prior 7-Day Avg -7.98%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (10/16) | Next (10/23)Expiry (10/16) | Next (11/20)

Current 3.33% | 8.31%3.33% | 11.69%

Prior 2.19% | 4.13%4.13% | 12.61%

Current vs Prior +52.35% | +101.24%-19.27% | -7.34%

Prior 7-Day Avg 2.91% | 4.62%5.00% | 12.93%

Current vs 7-Day Avg +14.65% | +79.85%-33.27% | -9.59%

Prior 7-Day Eod 2.19% | 4.13%4.13% | 12.61%

Current vs 7-Day Eod +52.35% | +101.24%-19.27% | -7.34%

Sentiment BEARISHBULLISH

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 26.66% | 12.61%

Calls: 22.49% | 10.18%

Puts: 30.84% | 15.04%

Current vs 7-Day Avg +5.42% | +3.94%

Liquidity Expensive

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Light premium activity with dollar volume down 74% vs prior. Below-average activity with volume down 73% vs prior. P/C ratio rising 178% - increased hedging/bearish 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 NEUTRAL

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 65 of results (avg 7.3%, best 3.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$235.00	Nov 20	8.40	8.70	$8.55	3.5%	77	0.41	853
$235.00	Oct 16	0.81	0.84	$0.83	3.6%	1.5K	0.18	7.7K
$225.00	Oct 16	4.25	4.45	$4.35	4.6%	232	0.62	3.2K
$250.00	Nov 20	4.20	4.40	$4.30	4.7%	370	0.25	9.6K
$227.50	Oct 16	2.94	3.10	$3.02	5.3%	423	0.49	885

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Nov 20	2.50	2.60	$2.55	3.9%	204	0.16	2.6K
$270.00	Nov 20	44.15	46.30	$45.22	4.8%	1	0.88	426
$270.00	Oct 16	42.10	44.30	$43.20	5.1%	4	1.00	11
$265.00	Oct 16	37.25	39.30	$38.28	5.4%	35	1.00	--
$230.00	Nov 6	11.40	12.05	$11.73	5.5%	21	0.52	48

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.51, cheapest $0.33)

CALLS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$240.00	Oct 16	0.30	0.36	$0.33	18.2%	1.1K	0.08	4.7K
$252.50	Oct 16	0.05	0.06	$0.06	16.7%	16	0.01	273
$235.00	Oct 16	0.81	0.84	$0.83	3.6%	1.5K	0.18	7.7K

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$220.00	Oct 16	0.75	0.84	$0.80	11.2%	412	0.18	4.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 67 found (avg delta 0.76, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$190.00	Oct 16	35.85	38.30	$37.08	6.6%	1	1.00	--
$195.00	Oct 16	30.85	33.15	$32.00	7.2%	2	1.00	--
$200.00	Oct 16	25.85	28.20	$27.03	8.7%	13	0.99	185
$197.50	Oct 16	28.45	31.15	$29.80	9.1%	4	0.99	--
$202.50	Oct 16	23.35	25.95	$24.65	10.5%	6	0.99	4

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$250.00	Oct 16	22.20	24.85	$23.53	11.3%	1	1.00	62
$255.00	Oct 16	27.30	29.25	$28.28	6.9%	65	1.00	--
$257.50	Oct 16	29.70	31.85	$30.78	7.0%	6	1.00	--
$260.00	Oct 16	32.20	34.30	$33.25	6.3%	56	1.00	52
$265.00	Oct 16	37.25	39.30	$38.28	5.4%	35	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 207 active (total vol 18.7K, top 3.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$235.00	Oct 16	0.81	0.84	$0.83	3.6%	1.5K	0.18	7.7K
$230.00	Oct 16	1.92	2.05	$1.99	6.5%	1.1K	0.37	3.8K
$240.00	Oct 16	0.30	0.36	$0.33	18.2%	1.1K	0.08	4.7K
$245.00	Oct 16	0.12	0.15	$0.14	21.4%	500	0.04	1.6K
$235.00	Oct 23	5.25	5.85	$5.55	10.8%	429	0.38	1.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$215.00	Oct 16	0.24	0.32	$0.28	28.6%	3.4K	0.07	5.0K
$210.00	Oct 23	2.08	2.58	$2.33	21.5%	481	0.19	745
$220.00	Oct 16	0.75	0.84	$0.80	11.2%	412	0.18	4.6K
$190.00	Nov 20	1.21	1.32	$1.27	8.7%	409	0.09	1.9K
$210.00	Oct 30	2.79	3.20	$3.00	13.7%	358	0.21	742

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. 132 found (best R:R 14.63, avg 5.28)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$245.00	$250.00	Nov 13	$0.32	$4.68	$0.32	27%	14.63	$245.32
$220.00	$225.00	Nov 13	$2.25	$2.75	$2.25	62%	1.22	$222.25
$230.00	$232.50	Oct 30	$0.55	$1.95	$0.55	48%	3.55	$230.55
$225.00	$227.50	Oct 30	$0.80	$1.70	$0.80	56%	2.13	$225.80
$230.00	$235.00	Nov 13	$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
$195.00	$190.00	Nov 13	$0.18	$4.82	$0.18	10%	26.78	$194.82
$230.00	$227.50	Oct 23	$1.10	$1.40	$1.10	54%	1.27	$228.90
$225.00	$222.50	Oct 23	$0.90	$1.60	$0.90	45%	1.78	$224.10
$220.00	$215.00	Nov 6	$1.43	$3.57	$1.43	36%	2.50	$218.57
$217.50	$215.00	Oct 23	$0.55	$1.95	$0.55	30%	3.55	$216.95

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 106 found (best R:R 1.07, avg 0.33)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$240.00	$245.00	Nov 13	$1.93	$1.93	$3.07	66%	0.63	$241.93
$255.00	$260.00	Nov 13	$1.12	$1.12	$3.88	80%	0.29	$256.12
$255.00	$260.00	Nov 6	$0.97	$0.97	$4.03	81%	0.24	$255.97
$232.50	$235.00	Oct 30	$1.25	$1.25	$1.25	56%	1.00	$233.75
$235.00	$237.50	Oct 30	$1.10	$1.10	$1.40	60%	0.79	$236.10

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$225.00	$220.00	Nov 6	$2.59	$2.59	$2.41	56%	1.07	$222.41
$200.00	$195.00	Nov 13	$1.03	$1.03	$3.97	85%	0.26	$198.97
$220.00	$217.50	Oct 23	$1.25	$1.25	$1.25	65%	1.00	$218.75
$222.50	$220.00	Oct 23	$1.35	$1.35	$1.15	60%	1.17	$221.15
$215.00	$210.00	Nov 13	$1.70	$1.70	$3.30	68%	0.52	$213.30

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $5.56, cheapest $5.47)

CALLS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$225.00	Oct 16	Oct 23	$5.47	33.1%	54.9%
$230.00	Oct 16	Oct 23	$5.39	33.8%	56.2%
$227.50	Oct 16	Oct 23	$5.68	33.7%	57.5%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$225.00	Oct 16	Oct 23	$5.53	33.1%	54.9%
$230.00	Oct 16	Oct 23	$5.45	33.8%	56.2%
$227.50	Oct 16	Oct 23	$5.83	33.7%	57.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 43 found (cheapest 2.75% of stock, avg 8.35%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$227.50	Oct 16	$3.02	$3.22	$6.24	$221.26	$233.74	2.75%
$225.00	Oct 16	$4.35	$2.12	$6.47	$218.53	$231.47	2.85%
$230.00	Oct 16	$1.99	$4.70	$6.69	$223.31	$236.69	2.95%
$222.50	Oct 16	$5.95	$1.31	$7.26	$215.24	$229.76	3.20%
$232.50	Oct 16	$1.29	$6.65	$7.94	$224.56	$240.44	3.50%
$220.00	Oct 16	$7.75	$0.80	$8.55	$211.45	$228.55	3.77%
$235.00	Oct 16	$0.83	$8.73	$9.56	$225.44	$244.56	4.21%
$215.00	Oct 16	$12.13	$0.28	$12.41	$202.59	$227.41	5.47%
$240.00	Oct 16	$0.33	$13.40	$13.73	$226.27	$253.73	6.05%
$210.00	Oct 16	$17.25	$0.10	$17.35	$192.65	$227.35	7.64%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.34% of stock, avg 4.75%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$237.50	$215.00	Oct 16	$0.49	$0.28	$0.77	$214.23	$238.27
$237.50	$217.50	Oct 16	$0.49	$0.49	$0.98	$216.52	$238.48
$235.00	$215.00	Oct 16	$0.83	$0.28	$1.11	$213.89	$236.11
$237.50	$220.00	Oct 16	$0.49	$0.80	$1.29	$218.71	$238.79
$235.00	$217.50	Oct 16	$0.83	$0.49	$1.32	$216.18	$236.32
$235.00	$220.00	Oct 16	$0.83	$0.80	$1.63	$218.37	$236.63
$232.50	$215.00	Oct 16	$1.29	$0.28	$1.57	$213.43	$234.07
$232.50	$217.50	Oct 16	$1.29	$0.49	$1.78	$215.72	$234.28
$237.50	$222.50	Oct 16	$0.49	$1.31	$1.80	$220.70	$239.30
$232.50	$220.00	Oct 16	$1.29	$0.80	$2.09	$217.91	$234.59

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 219 found (best R:R 1.45, avg credit $1.29)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
195/200	240/245	Nov 13	$2.96	$2.04	51%	1.45	$197.04	$242.96
185/190	240/245	Nov 13	$2.50	$2.50	58%	1.00	$187.50	$242.50
195/200	255/260	Nov 13	$2.15	$2.85	64%	0.75	$197.85	$257.15
210/215	240/245	Nov 13	$3.63	$1.37	34%	2.65	$211.37	$243.63
185/190	255/260	Nov 13	$1.69	$3.31	71%	0.51	$188.31	$256.69
210/215	255/260	Nov 13	$2.82	$2.18	48%	1.29	$212.18	$257.82
205/210	240/245	Nov 13	$3.15	$1.85	41%	1.70	$206.85	$243.15
185/190	255/260	Nov 6	$1.38	$3.62	76%	0.38	$188.62	$256.38
205/210	255/260	Nov 6	$2.17	$2.83	59%	0.77	$207.83	$257.17
212/215	248/250	Oct 30	$1.38	$1.12	49%	1.23	$213.62	$248.88

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 90 found (best R:R 70.43, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$230.00	$235.00	$240.00	Nov 20	$0.08	$4.92	12%	61.50
$210.00	$215.00	$220.00	Nov 20	$0.12	$4.88	14%	40.67
$245.00	$250.00	$255.00	Nov 6	$0.07	$4.93	9%	70.43
$250.00	$255.00	$260.00	Nov 20	$0.13	$4.87	8%	37.46
$220.00	$222.50	$225.00	Oct 16	$0.20	$2.30	20%	11.50

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$220.00	$225.00	$230.00	Nov 6	$0.07	$4.93	16%	70.43
$200.00	$205.00	$210.00	Nov 20	$0.07	$4.93	10%	70.43
$210.00	$215.00	$220.00	Nov 20	$0.19	$4.81	13%	25.32
$230.00	$232.50	$235.00	Oct 16	$0.13	$2.37	19%	18.23
$210.00	$215.00	$220.00	Nov 13	$0.24	$4.76	13%	19.83

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 114 found (best net $-0.21, 112 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$215.00	$220.00	1:2	Oct 16	-$3.37	$1.63
$260.00	$270.00	1:2	Oct 30	$0.00	$10.00
$235.00	$237.50	1:2	Oct 16	-$0.15	$2.35
$230.00	$232.50	1:2	Oct 16	-$0.59	$1.91
$232.50	$235.00	1:2	Oct 16	-$0.37	$2.13

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$260.00	$240.00	1:2	Oct 23	-$0.21	$19.79
$245.00	$230.00	1:2	Nov 6	-$1.31	$13.69
$255.00	$240.00	1:2	Nov 20	-$8.71	$6.29
$240.00	$230.00	1:2	Oct 30	-$4.05	$5.95
$240.00	$235.00	1:2	Oct 16	-$4.06	$0.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 61 found (best yield 3.70%, avg 1.60%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$235.00	Nov 20	$8.40	0.41	3.5%	3.70%	7.22%	77	853
$230.00	Nov 20	$10.10	0.47	1.3%	4.45%	5.76%	174	1.4K
$240.00	Nov 20	$6.50	0.35	5.7%	2.86%	8.58%	54	3.2K
$245.00	Nov 20	$5.20	0.30	7.9%	2.29%	10.21%	44	1.4K
$235.00	Nov 13	$7.30	0.41	3.5%	3.22%	6.73%	6	--
$230.00	Nov 6	$9.00	0.48	1.3%	3.96%	5.28%	13	60
$235.00	Nov 6	$7.00	0.41	3.5%	3.08%	6.60%	7	144
$230.00	Nov 13	$8.55	0.47	1.3%	3.77%	5.08%	5	7
$250.00	Nov 20	$4.20	0.25	10.1%	1.85%	11.97%	370	9.6K
$240.00	Nov 6	$5.35	0.34	5.7%	2.36%	8.07%	5	59

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 13,599

Total Puts 10,537

Put/Call Ratio 0.77

Net Difference 3,062

Prior's Put/Call Breakdown

Total Calls 68,940

Total Puts 19,213

Put/Call Ratio 0.28

Net Difference 49,727

Prior 7-Day Put/Call Summary

Total Calls 227,883

Total Puts 112,720

Average Put/Call Ratio 0.56

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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