IBM - Options Database

IBM

IBM CORP

$212.67 -2.91%

$212.44 (-0.11%)🌙

as of 07/17 06:40 PM

(7/16 18:35) ◀

Friday, July 17, 2026 (6:40pm)

▶

◀ 7/17 18:40

Option Volume

Detail

ℹ

Current (07/17) 163,678

Calls: 103,017 (63%)

Puts: 60,661 (37%)

Prior (07/16) 321,295

Calls: 201,241 (63%)

Puts: 120,054 (37%)

Current vs Prior -49.06%

Calls: -48.81% (Calls)

Puts: -49.47% (Puts)

Prior 7-Day Total 1,289,847

Calls: 784,390 (61%)

Puts: 505,457 (39%)

Prior 7-Day Average 184,263

Calls: 112,055 (61%)

Puts: 72,208 (39%)

Current vs Prior 7-Day Avg -11.17%

Calls: -8.07%

Puts: -15.99%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/17) $87.12M

Calls: $52.63M (60%)

Puts: $34.49M (40%)

Prior (07/16) $359.54M

Calls: $140.49M (39%)

Puts: $219.05M (61%)

Current vs Prior -75.77%

Calls: -62.54%

Puts: -84.26%

Prior 7-Day Total $1.32B

Calls: $544.56M (41%)

Puts: $779.04M (59%)

Prior 7-Day Average $189.09M

Calls: $77.79M (41%)

Puts: $111.29M (59%)

Current vs Prior 7-Day Avg -53.93%

Calls: -32.35%

Puts: -69.01%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/17) 0.59

Prior (07/16) 0.60

Current vs Prior -1.29%

Prior 7-Day Average 0.51

Current vs Prior 7-Day Avg +16.21%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/17) 662,535

Calls: 395,155 (60%)

Puts: 267,380 (40%)

Prior (07/16) 709,819

Calls: 429,452 (61%)

Puts: 280,367 (39%)

Current vs Prior -6.66%

Prior 7-Day Total 3,463,107

Calls: 2,105,003 (61%)

Puts: 1,358,104 (39%)

Prior 7-Day Average 494,729

Calls: 300,714 (61%)

Puts: 194,014 (39%)

Current vs Prior 7-Day Avg +33.92%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)

Current 1.33% | 7.57%1.33% | 13.08%

Prior 2.92% | 7.68%2.92% | 13.32%

Current vs Prior +159.51% | +18.12%-54.54% | -1.84%

Prior 7-Day Avg 4.03% | 8.31%4.84% | 14.46%

Current vs 7-Day Avg +87.63% | +9.18%-72.63% | -9.54%

Prior 7-Day Eod 2.92% | 7.68%2.92% | 13.32%

Current vs 7-Day Eod +159.51% | +18.12%-54.54% | -1.84%

Sentiment BEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.58% | 5.59%

Calls: 6.22% | 4.48%

Puts: 4.94% | 6.69%

Prior 5.58% | 5.59%

Calls: 6.22% | 4.48%

Puts: 4.94% | 6.69%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 25.12% | 19.02%

Calls: 20.25% | 15.96%

Puts: 29.99% | 22.08%

Current vs 7-Day Avg -77.78% | -70.61%

Liquidity Pricy

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🤖 AI Insights

Moderately bullish flow with 60% call dollar volume ($52.63M). Light premium activity with dollar volume down 76% vs prior. Below-average activity with volume down 49% vs prior. Bullish P/C ratio of 0.59.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BEARISH

7-Day Avg BEARISH

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

📈 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

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 136 of results (avg 6.7%, best 2.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$250.00	Aug 21	2.45	2.51	$2.48	2.4%	745	0.15	4.8K
$210.00	Jul 24	8.60	8.85	$8.73	2.9%	457	0.58	494
$215.00	Jul 24	6.20	6.40	$6.30	3.2%	751	0.47	1.1K
$225.00	Jul 24	3.00	3.10	$3.05	3.3%	864	0.28	3.7K
$210.00	Aug 21	13.25	13.70	$13.48	3.3%	474	0.54	2.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Jul 31	7.40	7.55	$7.48	2.0%	81	0.43	456
$215.00	Jul 24	8.45	8.70	$8.57	2.9%	469	0.53	3.1K
$210.00	Jul 24	5.85	6.05	$5.95	3.4%	934	0.42	1.3K
$225.00	Aug 21	20.20	20.90	$20.55	3.4%	78	0.63	511
$212.50	Jul 24	7.05	7.30	$7.18	3.5%	321	0.48	295

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.59, cheapest $0.29)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$255.00	Jul 24	0.27	0.31	$0.29	13.8%	545	0.04	1.3K
$250.00	Jul 24	0.40	0.44	$0.42	9.5%	873	0.05	1.7K
$247.50	Jul 24	0.45	0.52	$0.49	14.3%	99	0.06	962
$240.00	Jul 24	0.87	0.94	$0.91	7.7%	1.1K	0.10	1.5K
$250.00	Jul 31	0.90	0.98	$0.94	8.5%	1.8K	0.09	1.8K

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Jul 31	0.29	0.35	$0.32	18.8%	19	0.03	382
$190.00	Jul 24	0.71	0.85	$0.78	17.9%	577	0.09	1.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 118 found (avg delta 0.78, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Jul 17	31.50	33.10	$32.30	5.0%	1	1.00	--
$195.00	Jul 17	15.45	18.60	$17.02	18.5%	10	1.00	68
$197.50	Jul 17	13.65	15.55	$14.60	13.0%	2	1.00	--
$200.00	Jul 17	11.65	13.85	$12.75	17.3%	66	1.00	530
$202.50	Jul 17	8.75	10.85	$9.80	21.4%	5	1.00	35

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$255.00	Jul 24	41.80	44.10	$42.95	5.4%	5	1.00	--
$237.50	Jul 17	24.30	26.25	$25.28	7.7%	1	1.00	--
$240.00	Jul 17	26.10	28.75	$27.43	9.7%	17	1.00	630
$245.00	Jul 17	31.15	33.25	$32.20	6.5%	94	1.00	677
$250.00	Jul 17	36.10	38.75	$37.42	7.1%	13	1.00	519

Most actively traded options today. High liquidity = easy entry/exit. 287 active (total vol 117.7K, top 12.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$215.00	Jul 17	0.00	0.01	$0.01	100.0%	11.3K	0.01	4.1K
$212.50	Jul 17	0.30	0.40	$0.35	28.6%	9.1K	0.57	1.3K
$220.00	Jul 17	0.00	0.01	$0.01	100.0%	5.7K	0.01	8.6K
$225.00	Jul 17	0.00	0.01	$0.01	100.0%	4.5K	0.00	5.8K
$217.50	Jul 17	0.00	0.01	$0.01	100.0%	3.3K	0.01	2.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Jul 17	0.00	0.01	$0.01	100.0%	12.4K	0.01	6.0K
$207.50	Jul 17	0.00	0.01	$0.01	100.0%	4.4K	0.01	922
$215.00	Jul 17	2.15	2.79	$2.47	25.9%	4.2K	0.99	4.4K
$212.50	Jul 17	0.12	0.34	$0.23	95.7%	3.6K	0.43	1.2K
$205.00	Jul 17	0.00	0.01	$0.01	100.0%	3.0K	0.01	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. 58 strikes (avg 712.3%, max 2451.5%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$255.00	Jul 17	Aug 28	797.1%	50.1%	1491.5%	13	76
$250.00	Jul 17	Aug 28	717.9%	50.1%	1331.8%	162	7.9K
$180.00	Jul 17	Jul 31	747.1%	54.3%	1274.8%	12	28
$252.50	Jul 17	Jul 31	757.8%	60.2%	1158.1%	53	705
$245.00	Jul 17	Aug 28	636.3%	51.2%	1143.7%	17	2.4K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$187.50	Jul 17	Jul 31	1349.8%	52.9%	2451.5%	58	21
$172.50	Jul 17	Jul 31	1480.3%	61.4%	2310.0%	2	--
$175.00	Jul 17	Aug 28	862.7%	46.8%	1742.1%	60	1.1K
$177.50	Jul 17	Jul 31	943.6%	57.4%	1543.1%	5	16
$255.00	Jul 17	Aug 28	797.1%	50.1%	1491.5%	5	--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 153 found (best R:R 37.46, avg 4.24)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$242.50	$245.00	Jul 24	$0.12	$2.38	$0.12	19.83	$242.62
$250.00	$255.00	Aug 7	$0.27	$4.73	$0.27	17.52	$250.27
$237.50	$240.00	Jul 24	$0.15	$2.35	$0.15	15.67	$237.65
$247.50	$250.00	Jul 31	$0.16	$2.34	$0.16	14.62	$247.66
$250.00	$255.00	Aug 14	$0.34	$4.66	$0.34	13.71	$250.34

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$180.00	$175.00	Aug 7	$0.13	$4.87	$0.13	37.46	$179.87
$182.50	$180.00	Jul 24	$0.16	$2.34	$0.16	14.62	$182.34
$187.50	$185.00	Jul 24	$0.16	$2.34	$0.16	14.62	$187.34
$177.50	$175.00	Jul 31	$0.19	$2.31	$0.19	12.16	$177.31
$212.50	$210.00	Jul 17	$0.22	$2.28	$0.22	10.36	$212.28

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 211 found (best R:R 49.00, avg 2.23)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$187.50	$190.00	Jul 31	$2.40	$2.40	$0.10	24.00	$189.90
$207.50	$210.00	Jul 17	$2.37	$2.37	$0.13	18.23	$209.87
$210.00	$212.50	Jul 17	$2.31	$2.31	$0.19	12.16	$212.31
$185.00	$187.50	Jul 24	$2.25	$2.25	$0.25	9.00	$187.25
$175.00	$185.00	Aug 28	$8.93	$8.93	$1.07	8.35	$183.93

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$240.00	$235.00	Jul 24	$4.90	$4.90	$0.10	49.00	$235.10
$247.50	$240.00	Jul 31	$7.23	$7.23	$0.27	26.78	$240.27
$245.00	$240.00	Jul 17	$4.77	$4.77	$0.23	20.74	$240.23
$255.00	$245.00	Aug 7	$9.25	$9.25	$0.75	12.33	$245.75
$255.00	$245.00	Aug 28	$9.15	$9.15	$0.85	10.76	$245.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 58 found (avg debit $2.38, cheapest $0.12)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$255.00	Jul 17	Jul 24	$0.28	797.1%	71.4%
$180.00	Jul 17	Jul 24	$0.40	747.1%	64.7%
$250.00	Jul 17	Jul 24	$0.41	717.9%	69.7%
$185.00	Jul 24	Jul 31	$0.43	63.3%	52.6%
$247.50	Jul 17	Jul 24	$0.48	677.4%	68.2%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$177.50	Jul 17	Jul 24	$0.12	943.6%	65.4%
$247.50	Jul 24	Jul 31	$0.13	68.2%	58.6%
$180.00	Jul 17	Jul 24	$0.20	747.1%	64.7%
$175.00	Jul 17	Jul 24	$0.21	862.7%	74.7%
$255.00	Jul 17	Jul 24	$0.25	797.1%	71.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 118 found (cheapest 0.27% of stock, avg 11.85%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$212.50	Jul 17	$0.35	$0.23	$0.58	$211.92	$213.08	0.27%
$215.00	Jul 17	$0.01	$2.47	$2.48	$212.52	$217.48	1.17%
$210.00	Jul 17	$2.66	$0.01	$2.67	$207.33	$212.67	1.26%
$207.50	Jul 17	$5.03	$0.01	$5.04	$202.46	$212.54	2.37%
$217.50	Jul 17	$0.01	$5.05	$5.06	$212.44	$222.56	2.38%
$220.00	Jul 17	$0.01	$7.55	$7.56	$212.44	$227.56	3.55%
$205.00	Jul 17	$7.90	$0.01	$7.91	$197.09	$212.91	3.72%
$202.50	Jul 17	$9.80	$0.01	$9.81	$192.69	$212.31	4.61%
$222.50	Jul 17	$0.01	$10.23	$10.24	$212.26	$232.74	4.81%
$225.00	Jul 17	$0.01	$12.48	$12.49	$212.51	$237.49	5.87%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 2.72% of stock, avg 6.23%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$235.00	$190.00	Aug 7	$3.43	$2.35	$5.78	$184.22	$240.78
$225.00	$202.50	Jul 24	$3.05	$3.13	$6.18	$196.32	$231.18
$230.00	$190.00	Aug 7	$4.30	$2.35	$6.65	$183.35	$236.65
$235.00	$195.00	Aug 7	$3.43	$3.30	$6.73	$188.27	$241.73
$222.50	$202.50	Jul 24	$3.63	$3.13	$6.76	$195.74	$229.26
$225.00	$205.00	Jul 24	$3.05	$3.90	$6.95	$198.05	$231.95
$235.00	$190.00	Aug 14	$4.08	$3.40	$7.48	$182.52	$242.48
$222.50	$205.00	Jul 24	$3.63	$3.90	$7.53	$197.47	$230.03
$220.00	$202.50	Jul 24	$4.43	$3.13	$7.56	$194.94	$227.56
$230.00	$195.00	Aug 7	$4.30	$3.30	$7.60	$187.40	$237.60

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 339 found (best R:R 24.00, avg credit $3.01)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
192/195	200/202	Jul 31	$2.40	$0.10	24.00	$192.60	$202.40
220/225	230/235	Aug 14	$4.80	$0.20	24.00	$220.20	$234.80
190/195	200/205	Aug 21	$4.78	$0.22	21.73	$190.22	$204.78
210/215	225/230	Aug 28	$4.77	$0.23	20.74	$210.23	$229.77
195/200	205/210	Aug 14	$4.75	$0.25	19.00	$195.25	$209.75
202/205	208/210	Jul 24	$2.37	$0.13	18.23	$202.63	$209.87
188/190	195/198	Jul 31	$2.37	$0.13	18.23	$187.63	$197.37
195/198	200/202	Jul 24	$2.36	$0.14	16.86	$195.14	$202.36
200/205	210/215	Aug 28	$4.67	$0.33	14.15	$200.33	$214.67
185/188	195/198	Jul 31	$2.33	$0.17	13.71	$185.17	$197.33

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 144 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$235.00	$240.00	$245.00	Aug 21	$0.05	$4.95	99.00
$195.00	$200.00	$205.00	Aug 21	$0.07	$4.93	70.43
$245.00	$250.00	$255.00	Aug 21	$0.09	$4.91	54.56
$240.00	$242.50	$245.00	Jul 31	$0.05	$2.45	49.00
$210.00	$215.00	$220.00	Aug 14	$0.10	$4.90	49.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$245.00	$250.00	$255.00	Jul 17	$0.06	$4.94	82.33
$185.00	$190.00	$195.00	Aug 7	$0.07	$4.93	70.43
$190.00	$195.00	$200.00	Aug 28	$0.09	$4.91	54.56
$187.50	$190.00	$192.50	Jul 24	$0.05	$2.45	49.00
$192.50	$195.00	$197.50	Jul 24	$0.05	$2.45	49.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 137 found (best net $-1.74, 130 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$180.00	$195.00	1:2	Jul 17	-$1.74	$13.26
$185.00	$200.00	1:2	Aug 7	-$6.03	$8.97
$185.00	$200.00	1:2	Aug 14	-$7.63	$7.37
$185.00	$200.00	1:2	Aug 28	-$10.61	$4.39
$245.00	$250.00	1:2	Aug 7	-$0.87	$4.13

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$245.00	$230.00	1:2	Aug 7	-$8.65	$6.35
$185.00	$180.00	1:2	Jul 17	-$0.01	$4.99
$185.00	$180.00	1:2	Aug 7	-$0.27	$4.73
$180.00	$175.00	1:2	Aug 14	-$0.29	$4.71
$190.00	$185.00	1:2	Aug 7	-$0.59	$4.41

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 69 found (best yield 5.60%, avg 1.79%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$215.00	Aug 28	$11.90	0.49	1.1%	5.60%	6.69%	325	230
$215.00	Aug 21	$10.95	0.48	1.1%	5.15%	6.24%	1.1K	762
$215.00	Aug 14	$10.00	0.48	1.1%	4.70%	5.80%	117	179
$220.00	Aug 28	$9.75	0.43	3.5%	4.58%	8.03%	124	662
$215.00	Aug 7	$9.25	0.49	1.1%	4.35%	5.45%	45	314
$220.00	Aug 21	$8.80	0.42	3.5%	4.14%	7.58%	1.1K	3.7K
$220.00	Aug 14	$7.90	0.41	3.5%	3.71%	7.16%	68	334
$215.00	Jul 31	$7.85	0.48	1.1%	3.69%	4.79%	100	495
$225.00	Aug 28	$7.80	0.38	5.8%	3.67%	9.47%	33	561
$225.00	Aug 21	$7.30	0.36	5.8%	3.43%	9.23%	187	826

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 103,017

Total Puts 60,661

Put/Call Ratio 0.59

Net Difference 42,356

Prior's Put/Call Breakdown

Total Calls 201,241

Total Puts 120,054

Put/Call Ratio 0.60

Net Difference 81,187

Prior 7-Day Put/Call Summary

Total Calls 784,390

Total Puts 505,457

Average Put/Call Ratio 0.51

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

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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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