IBM - Options Database

IBM

IBM CORP

$232.14 -0.85%

$231.11 (-0.44%)🌙

as of 10/16 10:52 PM

(10/14 18:27) ◀

Friday, October 16, 2026 (10:52pm)

▶

◀ 10/16 22:52

Option Volume

Detail

ℹ

Current (10/16) 47,522

Calls: 28,405 (60%)

Puts: 19,117 (40%)

Prior (10/14) 34,582

Calls: 15,067 (44%)

Puts: 19,515 (56%)

Current vs Prior +37.42%

Calls: +88.52% (Calls)

Puts: -2.04% (Puts)

Prior 7-Day Total 269,350

Calls: 175,756 (65%)

Puts: 93,594 (35%)

Prior 7-Day Average 38,478

Calls: 25,108 (65%)

Puts: 13,370 (35%)

Current vs Prior 7-Day Avg +23.50%

Calls: +13.13%

Puts: +42.98%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/16) $19.40M

Calls: $12.54M (65%)

Puts: $6.87M (35%)

Prior (10/14) $14.91M

Calls: $7.91M (53%)

Puts: $7.01M (47%)

Current vs Prior +30.09%

Calls: +58.55%

Puts: -2.02%

Prior 7-Day Total $150.00M

Calls: $89.16M (59%)

Puts: $60.85M (41%)

Prior 7-Day Average $21.43M

Calls: $12.74M (59%)

Puts: $8.69M (41%)

Current vs Prior 7-Day Avg -9.46%

Calls: -1.58%

Puts: -21.01%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/16) 0.67

Prior (10/14) 1.30

Current vs Prior -48.04%

Prior 7-Day Average 0.66

Current vs Prior 7-Day Avg +1.68%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/16) 393,781

Calls: 235,280 (60%)

Puts: 158,501 (40%)

Prior (10/14) 390,952

Calls: 237,565 (61%)

Puts: 153,387 (39%)

Current vs Prior +0.72%

Prior 7-Day Total 2,615,895

Calls: 1,560,925 (60%)

Puts: 1,054,970 (40%)

Prior 7-Day Average 373,699

Calls: 222,989 (60%)

Puts: 150,710 (40%)

Current vs Prior 7-Day Avg +5.37%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 1.30% | 8.20%1.30% | 11.97%

Prior 3.00% | 8.55%3.00% | 11.69%

Current vs Prior +173.51% | +7.59%-56.60% | +2.33%

Prior 7-Day Avg 2.96% | 6.11%3.94% | 12.25%

Current vs 7-Day Avg +177.07% | +50.40%-67.01% | -2.33%

Prior 7-Day Eod 3.00% | 8.55%3.00% | 11.69%

Current vs 7-Day Eod +173.51% | +7.59%-56.60% | +2.33%

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 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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Moderately bullish flow with 65% call dollar volume ($12.54M). Bullish P/C ratio of 0.67. P/C ratio dropping 48% - 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 BEARISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads

💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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High Delta

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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 35 of results (avg 7.8%, best 5.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Nov 20	38.20	40.45	$39.33	5.7%	5	0.89	--
$200.00	Nov 20	34.15	36.20	$35.17	5.8%	2	0.86	255
$250.00	Nov 20	5.45	5.80	$5.63	6.2%	340	0.30	8.8K
$235.00	Nov 20	10.65	11.35	$11.00	6.4%	746	0.48	1.2K
$190.00	Nov 20	42.20	45.00	$43.60	6.4%	1	0.91	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$255.00	Nov 20	26.90	28.50	$27.70	5.8%	18	0.74	821
$260.00	Nov 20	31.40	33.45	$32.42	6.3%	150	0.79	227
$220.00	Nov 20	6.85	7.30	$7.07	6.4%	52	0.33	2.0K
$225.00	Nov 20	8.80	9.40	$9.10	6.6%	92	0.40	829
$270.00	Oct 16	35.95	38.55	$37.25	7.0%	16	1.00	--

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 81 found (avg delta 0.79, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$190.00	Oct 16	40.85	43.70	$42.28	6.7%	9	1.00	103
$195.00	Oct 16	35.85	39.10	$37.48	8.7%	5	1.00	62
$197.50	Oct 16	33.35	36.70	$35.03	9.6%	4	1.00	17
$200.00	Oct 16	30.85	34.25	$32.55	10.4%	15	1.00	173
$205.00	Oct 16	25.85	29.15	$27.50	12.0%	5	1.00	219

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$232.50	Oct 16	0.21	0.65	$0.43	102.3%	184	1.00	375
$235.00	Oct 16	1.72	3.25	$2.49	61.4%	1.3K	1.00	4.2K
$237.50	Oct 16	3.75	5.65	$4.70	40.4%	54	1.00	37
$240.00	Oct 16	6.10	8.55	$7.33	33.4%	102	1.00	936
$245.00	Oct 16	11.50	14.15	$12.83	20.7%	1	1.00	165

Most actively traded options today. High liquidity = easy entry/exit. 243 active (total vol 39.9K, top 3.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$235.00	Oct 16	0.00	0.01	$0.01	100.0%	2.8K	0.01	8.5K
$240.00	Oct 16	0.00	0.01	$0.01	100.0%	2.2K	0.01	5.0K
$240.00	Oct 23	5.65	6.10	$5.88	7.7%	1.9K	0.39	1.6K
$232.50	Oct 16	0.04	0.27	$0.16	143.8%	1.8K	0.34	1.5K
$237.50	Oct 16	0.00	0.01	$0.01	100.0%	1.8K	0.01	1.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$230.00	Oct 16	0.00	0.01	$0.01	100.0%	3.4K	0.02	1.1K
$225.00	Oct 16	0.00	0.02	$0.01	200.0%	2.8K	0.01	3.7K
$235.00	Oct 16	1.72	3.25	$2.49	61.4%	1.3K	1.00	4.2K
$200.00	Oct 23	0.53	0.72	$0.63	30.2%	955	0.06	1.0K
$215.00	Oct 23	2.48	2.92	$2.70	16.3%	778	0.20	999

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 1 strikes (avg 26.6%, max 26.6%)

CALLS (0)

No calls found

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$250.00	Oct 30	Nov 20	55.5%	43.9%	26.6%	33	647

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 151 found (best R:R 0.97, avg 4.23)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$225.00	$235.00	Nov 6	$5.07	$4.93	$5.07	64%	0.97	$230.07
$235.00	$240.00	Nov 27	$1.73	$3.27	$1.73	48%	1.89	$236.73
$215.00	$217.50	Oct 23	$1.62	$0.88	$1.62	80%	0.54	$216.62
$220.00	$222.50	Oct 23	$1.45	$1.05	$1.45	74%	0.72	$221.45
$220.00	$222.50	Oct 30	$1.42	$1.08	$1.42	72%	0.76	$221.42

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$250.00	$237.50	Oct 30	$8.15	$4.35	$8.15	75%	0.53	$241.85
$255.00	$250.00	Nov 20	$3.25	$1.75	$3.25	74%	0.54	$251.75
$220.00	$217.50	Oct 30	$0.42	$2.08	$0.42	29%	4.95	$219.58
$237.50	$235.00	Oct 23	$1.15	$1.35	$1.15	58%	1.17	$236.35
$225.00	$220.00	Nov 13	$1.47	$3.53	$1.47	38%	2.40	$223.53

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 118 found (best R:R 0.72, avg 0.36)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$242.50	$245.00	Oct 30	$1.07	$1.07	$1.43	63%	0.75	$243.57
$232.50	$235.00	Oct 23	$1.45	$1.45	$1.05	48%	1.38	$233.95
$275.00	$277.50	Oct 23	$0.25	$0.25	$2.25	94%	0.11	$275.25
$232.50	$235.00	Oct 16	$0.15	$0.15	$2.35	66%	0.06	$232.65
$265.00	$270.00	Nov 6	$0.63	$0.63	$4.37	85%	0.14	$265.63

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$202.50	$200.00	Oct 16	$1.05	$1.05	$1.45	91%	0.72	$201.45
$210.00	$205.00	Nov 27	$1.71	$1.71	$3.29	76%	0.52	$208.29
$230.00	$225.00	Nov 13	$2.70	$2.70	$2.30	54%	1.17	$227.30
$205.00	$195.00	Nov 13	$1.47	$1.47	$8.53	84%	0.17	$203.53
$220.00	$215.00	Nov 6	$1.78	$1.78	$3.22	70%	0.55	$218.22

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $9.07, cheapest $9.07)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$232.50	Oct 16	Oct 23	$9.07	38.7%	69.1%

PUTS (0)

No puts found

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 60 found (cheapest 0.25% of stock, avg 8.62%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$232.50	Oct 16	$0.16	$0.43	$0.59	$231.91	$233.09	0.25%
$235.00	Oct 16	$0.01	$2.49	$2.50	$232.50	$237.50	1.08%
$230.00	Oct 16	$2.59	$0.01	$2.60	$227.40	$232.60	1.12%
$237.50	Oct 16	$0.01	$4.70	$4.71	$232.79	$242.21	2.03%
$227.50	Oct 16	$4.90	$0.05	$4.95	$222.55	$232.45	2.13%
$240.00	Oct 16	$0.01	$7.33	$7.34	$232.66	$247.34	3.16%
$225.00	Oct 16	$7.75	$0.01	$7.76	$217.24	$232.76	3.34%
$222.50	Oct 16	$9.95	$0.02	$9.97	$212.53	$232.47	4.29%
$220.00	Oct 16	$12.73	$0.01	$12.74	$207.26	$232.74	5.49%
$245.00	Oct 16	$0.01	$12.83	$12.84	$232.16	$257.84	5.53%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 151 found (cheapest 0.53% of stock, avg 5.96%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$232.50	$202.50	Oct 16	$0.16	$1.06	$1.22	$201.28	$233.72
$255.00	$210.00	Nov 6	$3.50	$2.71	$6.21	$203.79	$261.21
$255.00	$215.00	Nov 6	$3.50	$3.70	$7.20	$207.80	$262.20
$255.00	$210.00	Nov 13	$4.10	$3.68	$7.78	$202.22	$262.78
$250.00	$210.00	Nov 6	$4.72	$2.71	$7.43	$202.57	$257.43
$245.00	$222.50	Oct 23	$4.28	$4.60	$8.88	$213.62	$253.88
$255.00	$210.00	Nov 20	$4.50	$4.08	$8.58	$201.42	$263.58
$250.00	$215.00	Nov 6	$4.72	$3.70	$8.42	$206.58	$258.42
$255.00	$215.00	Nov 13	$4.10	$4.83	$8.93	$206.07	$263.93
$255.00	$205.00	Nov 27	$5.15	$3.22	$8.37	$196.63	$263.37

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 196 found (best R:R 0.96, avg credit $1.39)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
205/210	265/270	Nov 27	$2.45	$2.55	58%	0.96	$207.55	$267.45
215/218	252/255	Oct 30	$1.54	$0.96	50%	1.60	$215.96	$254.04
205/210	260/265	Nov 27	$2.59	$2.41	54%	1.07	$207.41	$262.59
215/218	245/248	Oct 30	$1.73	$0.77	41%	2.25	$215.77	$246.73
205/210	250/255	Nov 27	$2.94	$2.06	45%	1.43	$207.06	$252.94
205/210	255/260	Nov 27	$2.71	$2.29	50%	1.18	$207.29	$257.71
205/208	252/255	Oct 30	$1.13	$1.37	62%	0.82	$206.37	$253.63
215/220	265/270	Nov 6	$2.41	$2.59	55%	0.93	$217.59	$267.41
215/218	250/252	Oct 30	$1.45	$1.05	47%	1.38	$216.05	$251.45
215/220	270/275	Nov 6	$2.19	$2.81	59%	0.78	$217.81	$272.19

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 110 found (best R:R 4.43, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$232.50	$235.00	$237.50	Oct 16	$0.15	$2.35	34%	15.67
$235.00	$240.00	$245.00	Nov 13	$0.13	$4.87	13%	37.46
$245.00	$250.00	$255.00	Nov 6	$0.11	$4.89	12%	44.45
$225.00	$230.00	$235.00	Nov 13	$0.17	$4.83	14%	28.41
$240.00	$245.00	$250.00	Nov 20	$0.12	$4.88	11%	40.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$227.50	$230.00	$232.50	Oct 16	$0.46	$2.04	96%	4.43
$230.00	$232.50	$235.00	Oct 16	$1.64	$0.86	98%	0.52
$240.00	$250.00	$260.00	Nov 6	$1.23	$8.77	24%	7.13
$195.00	$200.00	$205.00	Nov 20	$0.07	$4.93	7%	70.43
$205.00	$210.00	$215.00	Nov 13	$0.15	$4.85	10%	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. 128 found (best net $-7.09, 119 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$200.00	$215.00	1:2	Nov 6	-$9.55	$5.45
$227.50	$230.00	1:2	Oct 16	-$0.28	$2.22
$225.00	$235.00	1:2	Nov 6	-$4.81	$5.19
$260.00	$270.00	1:2	Nov 13	-$0.66	$9.34
$225.00	$227.50	1:2	Oct 16	-$2.05	$0.45

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$270.00	$255.00	1:2	Oct 16	-$7.09	$7.91
$255.00	$245.00	1:2	Oct 16	-$3.49	$6.51
$245.00	$240.00	1:2	Oct 16	-$1.83	$3.17
$250.00	$237.50	1:2	Oct 30	-$4.80	$7.70
$237.50	$235.00	1:2	Oct 16	-$0.28	$2.22

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 65 found (best yield 3.90%, avg 1.82%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$240.00	Nov 27	$9.05	0.42	3.4%	3.90%	7.28%	20	22
$235.00	Nov 20	$10.65	0.48	1.2%	4.59%	5.82%	746	1.2K
$235.00	Nov 27	$10.65	0.48	1.2%	4.59%	5.82%	16	11
$245.00	Nov 27	$7.40	0.36	5.5%	3.19%	8.73%	10	--
$240.00	Nov 20	$8.60	0.42	3.4%	3.70%	7.09%	797	2.5K
$250.00	Nov 27	$5.90	0.32	7.7%	2.54%	10.24%	3	14
$245.00	Nov 20	$6.90	0.36	5.5%	2.97%	8.51%	74	1.4K
$235.00	Nov 13	$9.65	0.48	1.2%	4.16%	5.39%	14	37
$240.00	Nov 13	$7.65	0.42	3.4%	3.30%	6.68%	16	129
$255.00	Nov 27	$4.75	0.27	9.8%	2.05%	11.89%	10	--

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 28,405

Total Puts 19,117

Put/Call Ratio 0.67

Net Difference 9,288

Prior's Put/Call Breakdown

Total Calls 15,067

Total Puts 19,515

Put/Call Ratio 1.30

Net Difference -4,448

Prior 7-Day Put/Call Summary

Total Calls 175,756

Total Puts 93,594

Average Put/Call Ratio 0.66

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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