IBM - Options Database

IBM

IBM CORP

$230.78 +1.66%

$230.75 (-0.01%)🌙

as of 10/13 06:26 PM

(10/12 18:26) ◀

Tuesday, October 13, 2026 (6:26pm)

▶ (10/14 18:27)

◀ 10/13 18:26 ▶

Option Volume

Detail

ℹ

Current (10/13) 39,098

Calls: 25,616 (66%)

Puts: 13,482 (34%)

Prior (10/12) 24,136

Calls: 13,599 (56%)

Puts: 10,537 (44%)

Current vs Prior +61.99%

Calls: +88.37% (Calls)

Puts: +27.95% (Puts)

Prior 7-Day Total 332,220

Calls: 220,769 (66%)

Puts: 111,451 (34%)

Prior 7-Day Average 47,460

Calls: 31,538 (66%)

Puts: 15,921 (34%)

Current vs Prior 7-Day Avg -17.62%

Calls: -18.78%

Puts: -15.32%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/13) $27.69M

Calls: $15.71M (57%)

Puts: $11.98M (43%)

Prior (10/12) $12.18M

Calls: $6.62M (54%)

Puts: $5.56M (46%)

Current vs Prior +127.25%

Calls: +137.15%

Puts: +115.47%

Prior 7-Day Total $158.08M

Calls: $91.03M (58%)

Puts: $67.05M (42%)

Prior 7-Day Average $22.58M

Calls: $13.00M (58%)

Puts: $9.58M (42%)

Current vs Prior 7-Day Avg +22.61%

Calls: +20.77%

Puts: +25.11%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/13) 0.53

Prior (10/12) 0.77

Current vs Prior -32.07%

Prior 7-Day Average 0.59

Current vs Prior 7-Day Avg -10.18%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/13) 418,061

Calls: 243,471 (58%)

Puts: 174,590 (42%)

Prior (10/12) 342,479

Calls: 203,522 (59%)

Puts: 138,957 (41%)

Current vs Prior +22.07%

Prior 7-Day Total 2,602,093

Calls: 1,541,911 (59%)

Puts: 1,060,182 (41%)

Prior 7-Day Average 371,727

Calls: 220,273 (59%)

Puts: 151,454 (41%)

Current vs Prior 7-Day Avg +12.46%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 3.32% | 7.99%3.32% | 11.86%

Prior 3.33% | 8.31%3.33% | 11.69%

Current vs Prior -0.46% | -3.82%-0.46% | +1.45%

Prior 7-Day Avg 2.94% | 5.15%4.63% | 12.70%

Current vs 7-Day Avg +12.70% | +55.16%-28.38% | -6.64%

Prior 7-Day Eod 3.33% | 8.31%3.33% | 11.69%

Current vs 7-Day Eod -0.46% | -3.82%-0.46% | +1.45%

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 28.11% | 13.11%

Calls: 24.34% | 10.53%

Puts: 31.88% | 15.69%

Current vs 7-Day Avg +0.00% | +0.00%

Liquidity Expensive

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Massive premium surge with dollar volume up 127% vs prior. Above-average activity with volume up 62% vs prior. Bullish P/C ratio of 0.53. P/C ratio dropping 32% - sentiment shifting bullish.

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 NEUTRAL

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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📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

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⚖️ Ratio Spreads

🛡️ 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 45 of results (avg 7.2%, best 1.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$250.00	Nov 20	5.35	5.45	$5.40	1.9%	1.6K	0.29	9.5K
$235.00	Nov 20	10.05	10.40	$10.23	3.4%	574	0.46	903
$240.00	Nov 20	8.15	8.45	$8.30	3.6%	183	0.40	3.2K
$230.00	Nov 20	12.20	12.65	$12.43	3.6%	210	0.52	1.4K
$230.00	Oct 30	10.35	10.90	$10.63	5.2%	108	0.54	526

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$230.00	Nov 20	11.65	12.25	$11.95	5.0%	263	0.48	2.1K
$210.00	Nov 20	4.00	4.25	$4.13	6.1%	146	0.23	1.3K
$235.00	Nov 20	14.45	15.40	$14.93	6.4%	80	0.54	1.9K
$275.00	Nov 20	44.80	47.95	$46.38	6.8%	15	0.88	--
$220.00	Nov 20	7.05	7.55	$7.30	6.8%	69	0.34	1.7K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.48, cheapest $0.32)

CALLS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$240.00	Oct 16	0.60	0.70	$0.65	15.4%	2.0K	0.15	4.8K

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$220.00	Oct 16	0.30	0.35	$0.32	15.6%	313	0.09	4.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 82 found (avg delta 0.75, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Oct 16	34.25	37.85	$36.05	10.0%	56	1.00	58
$185.00	Oct 16	44.75	47.90	$46.33	6.8%	2	1.00	--
$190.00	Oct 16	39.90	42.85	$41.38	7.1%	87	1.00	124
$197.50	Oct 16	31.85	35.35	$33.60	10.4%	52	0.99	2
$205.00	Oct 16	24.25	27.30	$25.78	11.8%	2	0.99	240

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$265.00	Oct 16	32.20	35.40	$33.80	9.5%	53	1.00	--
$275.00	Oct 16	42.30	45.90	$44.10	8.2%	38	1.00	--
$247.50	Oct 16	14.85	18.70	$16.77	23.0%	1	0.94	--
$245.00	Oct 16	12.35	15.65	$14.00	23.6%	9	0.93	323
$275.00	Nov 20	44.80	47.95	$46.38	6.8%	15	0.88	--

Most actively traded options today. High liquidity = easy entry/exit. 244 active (total vol 28.5K, top 3.9K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$235.00	Oct 16	1.58	1.69	$1.64	6.7%	3.9K	0.32	7.9K
$240.00	Oct 16	0.60	0.70	$0.65	15.4%	2.0K	0.15	4.8K
$250.00	Nov 20	5.35	5.45	$5.40	1.9%	1.6K	0.29	9.5K
$230.00	Oct 16	3.50	3.75	$3.63	6.9%	1.6K	0.55	3.9K
$250.00	Oct 16	0.09	0.15	$0.12	50.0%	1.3K	0.03	5.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$215.00	Oct 23	2.65	2.93	$2.79	10.0%	512	0.21	715
$225.00	Oct 16	0.97	1.07	$1.02	9.8%	460	0.22	1.9K
$230.00	Oct 16	2.50	2.88	$2.69	14.1%	415	0.45	993
$215.00	Oct 30	3.15	3.85	$3.50	20.0%	394	0.23	1.2K
$200.00	Nov 20	2.01	2.26	$2.13	11.7%	360	0.13	2.6K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 5 strikes (avg 17.5%, max 42.8%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$240.00	Oct 16	Nov 27	41.2%	39.6%	3.9%	2.0K	4.8K
$230.00	Oct 16	Nov 27	37.7%	37.6%	0.3%	1.6K	3.9K

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$255.00	Oct 23	Nov 20	60.8%	42.6%	42.8%	84	794
$250.00	Oct 23	Nov 20	60.0%	42.8%	40.3%	163	738
$230.00	Oct 16	Nov 27	37.7%	37.6%	0.3%	416	993

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 158 found (best R:R 5.25, avg 5.16)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$240.00	$245.00	Nov 6	$0.80	$4.20	$0.80	39%	5.25	$240.80
$220.00	$225.00	Nov 20	$2.22	$2.78	$2.22	66%	1.25	$222.22
$250.00	$260.00	Nov 27	$1.63	$8.37	$1.63	30%	5.13	$251.63
$240.00	$245.00	Nov 13	$1.17	$3.83	$1.17	40%	3.27	$241.17
$225.00	$230.00	Nov 13	$2.22	$2.78	$2.22	60%	1.25	$227.22

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$240.00	$235.00	Oct 16	$3.25	$1.75	$3.25	85%	0.54	$236.75
$235.00	$230.00	Nov 6	$1.95	$3.05	$1.95	54%	1.56	$233.05
$210.00	$205.00	Nov 27	$0.53	$4.47	$0.53	22%	8.43	$209.47
$210.00	$205.00	Nov 13	$0.52	$4.48	$0.52	21%	8.62	$209.48
$245.00	$240.00	Oct 30	$3.02	$1.98	$3.02	69%	0.66	$241.98

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 125 found (best R:R 1.06, avg 0.34)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$245.00	$250.00	Nov 6	$2.57	$2.57	$2.43	66%	1.06	$247.57
$255.00	$260.00	Nov 6	$1.31	$1.31	$3.69	76%	0.36	$256.31
$232.50	$235.00	Oct 30	$1.52	$1.52	$0.98	50%	1.55	$234.02
$265.00	$270.00	Nov 27	$1.07	$1.07	$3.93	81%	0.27	$266.07
$240.00	$242.50	Oct 23	$1.13	$1.13	$1.37	63%	0.82	$241.13

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$215.00	$210.00	Nov 27	$2.03	$2.03	$2.97	71%	0.68	$212.97
$230.00	$220.00	Nov 13	$4.50	$4.50	$5.50	53%	0.82	$225.50
$205.00	$200.00	Nov 13	$1.20	$1.20	$3.80	83%	0.32	$203.80
$225.00	$220.00	Nov 20	$2.40	$2.40	$2.60	59%	0.92	$222.60
$215.00	$210.00	Nov 13	$1.65	$1.65	$3.35	73%	0.49	$213.35

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 9 found (avg debit $4.80, cheapest $0.52)

CALLS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$230.00	Oct 16	Oct 23	$5.69	37.7%	55.9%
$232.50	Oct 16	Oct 23	$5.67	39.1%	57.7%
$235.00	Oct 16	Oct 23	$5.54	39.7%	58.5%
$227.50	Oct 16	Oct 23	$5.17	37.3%	57.5%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$237.50	Oct 23	Oct 30	$0.52	58.9%	51.7%
$230.00	Oct 16	Oct 23	$5.21	37.7%	55.9%
$232.50	Oct 16	Oct 23	$5.10	39.1%	57.7%
$235.00	Oct 16	Oct 23	$5.05	39.7%	58.5%
$227.50	Oct 16	Oct 23	$5.29	37.3%	57.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 60 found (cheapest 2.74% of stock, avg 8.81%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$230.00	Oct 16	$3.63	$2.69	$6.32	$223.68	$236.32	2.74%
$232.50	Oct 16	$2.48	$4.03	$6.51	$225.99	$239.01	2.82%
$227.50	Oct 16	$5.28	$1.66	$6.94	$220.56	$234.44	3.01%
$235.00	Oct 16	$1.64	$6.00	$7.64	$227.36	$242.64	3.31%
$225.00	Oct 16	$7.03	$1.02	$8.05	$216.95	$233.05	3.49%
$240.00	Oct 16	$0.65	$9.25	$9.90	$230.10	$249.90	4.29%
$222.50	Oct 16	$9.43	$0.56	$9.99	$212.51	$232.49	4.33%
$220.00	Oct 16	$11.68	$0.32	$12.00	$208.00	$232.00	5.20%
$217.50	Oct 16	$13.88	$0.18	$14.06	$203.44	$231.56	6.09%
$245.00	Oct 16	$0.27	$14.00	$14.27	$230.73	$259.27	6.18%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 0.32% of stock, avg 5.14%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$242.50	$220.00	Oct 16	$0.42	$0.32	$0.74	$219.26	$243.24
$242.50	$222.50	Oct 16	$0.42	$0.56	$0.98	$221.52	$243.48
$240.00	$220.00	Oct 16	$0.65	$0.32	$0.97	$219.03	$240.97
$240.00	$222.50	Oct 16	$0.65	$0.56	$1.21	$221.29	$241.21
$237.50	$220.00	Oct 16	$1.05	$0.32	$1.37	$218.63	$238.87
$242.50	$225.00	Oct 16	$0.42	$1.02	$1.44	$223.56	$243.94
$237.50	$222.50	Oct 16	$1.05	$0.56	$1.61	$220.89	$239.11
$240.00	$225.00	Oct 16	$0.65	$1.02	$1.67	$223.33	$241.67
$237.50	$225.00	Oct 16	$1.05	$1.02	$2.07	$222.93	$239.57
$235.00	$220.00	Oct 16	$1.64	$0.32	$1.96	$218.04	$236.96

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 257 found (best R:R 4.88, avg credit $1.40)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
215/220	245/250	Nov 6	$4.15	$0.85	34%	4.88	$215.85	$249.15
195/200	245/250	Nov 6	$3.06	$1.94	56%	1.58	$196.94	$248.06
210/215	245/250	Nov 6	$3.79	$1.21	41%	3.13	$211.21	$248.79
200/205	245/250	Nov 6	$3.24	$1.76	52%	1.84	$201.76	$248.24
185/190	245/250	Nov 6	$2.79	$2.21	60%	1.26	$187.21	$247.79
205/210	245/250	Nov 6	$3.43	$1.57	47%	2.18	$206.57	$248.43
190/195	245/250	Nov 6	$2.78	$2.22	59%	1.25	$192.22	$247.78
210/215	265/270	Nov 27	$3.10	$1.90	52%	1.63	$211.90	$268.10
218/220	248/250	Oct 23	$1.66	$0.84	45%	1.98	$218.34	$249.16
195/200	265/270	Nov 27	$1.91	$3.09	66%	0.62	$198.09	$266.91

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 105 found (best R:R 24.00, cheapest $0.06)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$225.00	$227.50	$230.00	Oct 16	$0.10	$2.40	23%	24.00
$235.00	$240.00	$245.00	Nov 20	$0.21	$4.79	12%	22.81
$230.00	$235.00	$240.00	Nov 20	$0.27	$4.73	12%	17.52
$235.00	$237.50	$240.00	Oct 23	$0.06	$2.44	8%	40.67
$232.50	$235.00	$237.50	Oct 16	$0.25	$2.25	20%	9.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$245.00	$250.00	$255.00	Nov 20	$0.09	$4.91	10%	54.56
$195.00	$200.00	$205.00	Nov 27	$0.07	$4.93	8%	70.43
$250.00	$255.00	$260.00	Nov 6	$0.07	$4.93	8%	70.43
$222.50	$225.00	$227.50	Oct 16	$0.18	$2.32	19%	12.89
$222.50	$225.00	$227.50	Oct 23	$0.06	$2.44	9%	40.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 127 found (best net $-1.81, 120 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$200.00	$215.00	1:2	Oct 30	-$8.18	$6.82
$190.00	$205.00	1:2	Oct 23	-$12.96	$2.04
$237.50	$240.00	1:2	Oct 16	-$0.25	$2.25
$235.00	$237.50	1:2	Oct 16	-$0.46	$2.04
$232.50	$235.00	1:2	Oct 16	-$0.80	$1.70

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$250.00	$235.00	1:2	Nov 6	-$1.81	$13.19
$275.00	$255.00	1:2	Nov 20	-$11.12	$8.88
$230.00	$220.00	1:2	Nov 13	-$2.23	$7.77
$240.00	$235.00	1:2	Oct 16	-$2.75	$2.25
$230.00	$227.50	1:2	Oct 16	-$0.63	$1.87

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 67 found (best yield 4.35%, avg 1.62%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$235.00	Nov 20	$10.05	0.46	1.8%	4.35%	6.18%	574	903
$240.00	Nov 20	$8.15	0.40	4.0%	3.53%	7.53%	183	3.2K
$235.00	Nov 27	$9.80	0.47	1.8%	4.25%	6.08%	11	4
$240.00	Nov 27	$7.55	0.41	4.0%	3.27%	7.27%	11	--
$245.00	Nov 20	$6.20	0.34	6.2%	2.69%	8.85%	90	1.5K
$250.00	Nov 20	$5.35	0.29	8.3%	2.32%	10.65%	1.6K	9.5K
$245.00	Nov 27	$5.95	0.35	6.2%	2.58%	8.74%	11	--
$245.00	Nov 13	$5.95	0.34	6.2%	2.58%	8.74%	7	28
$240.00	Nov 6	$7.05	0.39	4.0%	3.05%	7.05%	17	60
$250.00	Nov 27	$4.70	0.30	8.3%	2.04%	10.36%	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 25,616

Total Puts 13,482

Put/Call Ratio 0.53

Net Difference 12,134

Prior's Put/Call Breakdown

Total Calls 13,599

Total Puts 10,537

Put/Call Ratio 0.77

Net Difference 3,062

Prior 7-Day Put/Call Summary

Total Calls 220,769

Total Puts 111,451

Average Put/Call Ratio 0.59

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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