IBM - Options Database

IBM

IBM CORP

$222.19 -23.44%

(7/14 09:40) ◀

Tuesday, July 14, 2026 (9:45am)

▶ (7/14 09:50)

◀ 7/14 09:45 ▶

Option Volume

Detail

ℹ

Current (07/14 9:45am) 83,807

Calls: 38,403 (46%)

Puts: 45,404 (54%)

Prior (06/25) 12,756

Calls: 11,396 (89%)

Puts: 1,360 (11%)

Current vs Prior +557.00%

Calls: +236.99% (Calls)

Puts: +3238.53% (Puts)

Prior 7-Day Total 282,509

Calls: 180,234 (64%)

Puts: 102,275 (36%)

Prior 7-Day Average 40,358

Calls: 25,747 (64%)

Puts: 14,610 (36%)

Current vs Prior 7-Day Avg +107.66%

Calls: +49.15%

Puts: +210.76%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/14 9:45am) $66.93M

Calls: $23.96M (36%)

Puts: $42.97M (64%)

Prior (06/25) $5.13M

Calls: $4.25M (83%)

Puts: $875.4K (17%)

Current vs Prior +1205.34%

Calls: +463.50%

Puts: +4808.62%

Prior 7-Day Total $212.70M

Calls: $113.26M (53%)

Puts: $99.44M (47%)

Prior 7-Day Average $30.39M

Calls: $16.18M (53%)

Puts: $14.21M (47%)

Current vs Prior 7-Day Avg +120.26%

Calls: +48.08%

Puts: +202.47%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/14 9:45am) 1.18

Prior (06/25) 0.12

Current vs Prior +890.70%

Prior 7-Day Average 0.68

Current vs Prior 7-Day Avg +72.90%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/14 9:45am) 565,429

Calls: 329,739 (58%)

Puts: 235,690 (42%)

Prior (06/25) 566,082

Calls: 343,240 (61%)

Puts: 222,842 (39%)

Current vs Prior -0.12%

Prior 7-Day Total 3,426,716

Calls: 1,987,747 (58%)

Puts: 1,438,969 (42%)

Prior 7-Day Average 489,530

Calls: 283,963 (58%)

Puts: 205,567 (42%)

Current vs Prior 7-Day Avg +15.50%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 6.91% | 12.33%6.91% | 16.60%

Prior 3.40% | 6.03%-- | --

Current vs Prior +103.45% | +104.59%-- | --

Prior 7-Day Avg 5.01% | 6.99%-- | --

Current vs 7-Day Avg +37.94% | +76.50%-- | --

Prior 7-Day Eod 3.40% | 6.03%-- | --

Current vs 7-Day Eod +103.45% | +104.59%-- | --

Sentiment BEARISH--

Relative Spread

Detail

ℹ

Expiry | Next

Current 6.55% | 11.51%

Calls: 6.06% | 7.63%

Puts: 7.04% | 15.38%

Prior 39.77% | 29.09%

Calls: 30.77% | 24.57%

Puts: 48.78% | 33.62%

Current vs Prior -83.53% | -60.43%

Prior 7-Day Avg 18.34% | 16.79%

Calls: 14.96% | 12.82%

Puts: 21.73% | 20.76%

Current vs 7-Day Avg -64.29% | -31.45%

Liquidity Pricy

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Moderately bearish flow with 64% put dollar volume ($42.97M). Massive premium surge with dollar volume up 1205% vs prior. Dollar volume significantly above 7-day average (120% higher). Unusually high activity with volume up 557% vs prior - elevated interest.

Smart Money BEARISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Current NEUTRAL

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

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
09:45	BEARISH	BEARISH	BEARISH
09:40	BEARISH	BEARISH	BEARISH
09:35	BEARISH	BEARISH	BEARISH

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💰 Best Value Under $1

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🔥 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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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 99 of results (avg 7.6%, best 3.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$230.00	Jul 17	3.85	4.00	$3.93	3.8%	2.2K	0.33	331
$220.00	Aug 21	17.30	18.00	$17.65	4.0%	271	0.54	230
$220.00	Jul 31	14.75	15.55	$15.15	5.3%	62	0.54	23
$220.00	Jul 17	8.00	8.50	$8.25	6.1%	1.4K	0.55	442
$225.00	Jul 17	5.45	5.80	$5.63	6.2%	2.2K	0.44	221

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$215.00	Aug 21	13.35	13.85	$13.60	3.7%	179	0.41	185
$265.00	Aug 14	46.40	48.50	$47.45	4.4%	22	0.81	45
$230.00	Jul 17	11.50	12.10	$11.80	5.1%	249	0.67	2.7K
$215.00	Jul 17	3.80	4.00	$3.90	5.1%	3.8K	0.34	1.1K
$265.00	Jul 17	42.30	44.55	$43.43	5.2%	106	1.00	2.0K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.66, cheapest $0.16)

CALLS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$250.00	Jul 17	0.60	0.67	$0.64	10.9%	1.9K	0.08	4.2K
$245.00	Jul 17	0.90	1.03	$0.97	13.4%	334	0.11	1.0K

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$185.00	Jul 17	0.15	0.16	$0.16	6.3%	807	0.02	457
$200.00	Jul 17	0.84	0.91	$0.88	8.0%	3.8K	0.10	1.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 122 found (avg delta 0.72, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Jul 17	40.10	42.80	$41.45	6.5%	--	0.99	22
$185.00	Jul 17	35.20	38.25	$36.73	8.3%	--	0.98	45
$190.00	Jul 17	30.30	33.25	$31.78	9.3%	46	0.96	15
$195.00	Jul 17	25.55	28.85	$27.20	12.1%	28	0.94	40
$180.00	Jul 24	41.25	44.35	$42.80	7.2%	--	0.92	16

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$260.00	Jul 17	37.30	40.20	$38.75	7.5%	95	1.00	2.8K
$262.50	Jul 17	39.50	42.65	$41.08	7.7%	25	1.00	219
$265.00	Jul 17	42.30	44.55	$43.43	5.2%	106	1.00	2.0K
$255.00	Jul 17	32.65	35.00	$33.83	6.9%	53	0.93	1.3K
$257.50	Jul 17	35.10	37.80	$36.45	7.4%	34	0.93	222

Most actively traded options today. High liquidity = easy entry/exit. 250 active (total vol 51.3K, top 3.8K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$230.00	Jul 17	3.85	4.00	$3.93	3.8%	2.2K	0.33	331
$225.00	Jul 17	5.45	5.80	$5.63	6.2%	2.2K	0.44	221
$250.00	Jul 17	0.60	0.67	$0.64	10.9%	1.9K	0.08	4.2K
$220.00	Jul 17	8.00	8.50	$8.25	6.1%	1.4K	0.55	442
$255.00	Jul 17	0.31	0.45	$0.38	36.8%	1.4K	0.05	1.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Jul 17	0.84	0.91	$0.88	8.0%	3.8K	0.10	1.1K
$215.00	Jul 17	3.80	4.00	$3.90	5.1%	3.8K	0.34	1.1K
$220.00	Jul 17	5.80	6.30	$6.05	8.3%	3.1K	0.45	2.1K
$210.00	Jul 17	2.40	2.70	$2.55	11.8%	2.1K	0.24	733
$200.00	Jul 24	3.65	4.50	$4.08	20.8%	1.6K	0.22	251

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 45 strikes (avg 41.6%, max 71.5%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$180.00	Jul 17	Aug 21	102.9%	60.9%	68.9%	1	67
$185.00	Jul 17	Aug 21	98.4%	60.4%	63.0%	12	49
$190.00	Jul 17	Aug 21	93.8%	59.8%	57.0%	48	30
$255.00	Jul 17	Aug 28	88.2%	57.0%	54.8%	1.4K	1.1K
$195.00	Jul 17	Aug 21	91.3%	59.4%	53.7%	30	66

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$180.00	Jul 17	Aug 28	102.9%	60.0%	71.5%	817	580
$185.00	Jul 17	Aug 28	98.4%	58.7%	67.7%	827	457
$190.00	Jul 17	Aug 28	93.8%	57.5%	63.2%	1.4K	430
$195.00	Jul 17	Aug 28	91.3%	57.2%	59.5%	792	321
$265.00	Jul 17	Aug 21	92.7%	60.3%	53.8%	141	2.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 166 found (best R:R 37.46, avg 3.61)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$255.00	$260.00	Jul 31	$0.17	$4.83	$0.17	28.41	$255.17
$260.00	$265.00	Aug 14	$0.20	$4.80	$0.20	24.00	$260.20
$252.50	$255.00	Jul 17	$0.11	$2.39	$0.11	21.73	$252.61
$250.00	$252.50	Jul 17	$0.15	$2.35	$0.15	15.67	$250.15
$245.00	$247.50	Jul 17	$0.16	$2.34	$0.16	14.63	$245.16

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$190.00	$185.00	Jul 17	$0.13	$4.87	$0.13	37.46	$189.87
$195.00	$190.00	Jul 17	$0.24	$4.76	$0.24	19.83	$194.76
$200.00	$195.00	Jul 17	$0.35	$4.65	$0.35	13.29	$199.65
$185.00	$180.00	Jul 24	$0.49	$4.51	$0.49	9.20	$184.51
$190.00	$185.00	Jul 24	$0.56	$4.44	$0.56	7.93	$189.44

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 237 found (best R:R 24.00, avg 2.20)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$180.00	$185.00	Jul 17	$4.72	$4.72	$0.28	16.86	$184.72
$180.00	$185.00	Aug 21	$4.68	$4.68	$0.32	14.62	$184.68
$190.00	$195.00	Jul 17	$4.58	$4.58	$0.42	10.90	$194.58
$180.00	$190.00	Jul 24	$9.05	$9.05	$0.95	9.53	$189.05
$180.00	$190.00	Jul 31	$8.60	$8.60	$1.40	6.14	$188.60

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$252.50	$250.00	Jul 17	$2.40	$2.40	$0.10	24.00	$250.10
$245.00	$242.50	Jul 17	$2.37	$2.37	$0.13	18.23	$242.63
$265.00	$262.50	Jul 17	$2.35	$2.35	$0.15	15.67	$262.65
$255.00	$252.50	Jul 17	$2.33	$2.33	$0.17	13.71	$252.67
$262.50	$260.00	Jul 17	$2.33	$2.33	$0.17	13.71	$260.17

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 49 found (avg debit $3.45, cheapest $0.99)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$180.00	Jul 17	Jul 24	$1.35	102.9%	88.7%
$262.50	Jul 17	Jul 24	$1.82	90.6%	86.3%
$265.00	Jul 17	Jul 24	$1.83	92.7%	88.9%
$190.00	Jul 17	Jul 24	$1.97	93.8%	85.2%
$257.50	Jul 17	Jul 24	$2.09	94.4%	85.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$180.00	Jul 17	Jul 24	$0.99	102.9%	88.7%
$185.00	Jul 17	Jul 24	$1.44	98.4%	87.7%
$265.00	Jul 17	Jul 24	$1.72	92.7%	89.2%
$260.00	Jul 17	Jul 24	$1.85	89.5%	85.0%
$262.50	Jul 17	Jul 24	$1.85	90.6%	86.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 120 found (cheapest 6.26% of stock, avg 15.41%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$222.50	Jul 17	$6.82	$7.10	$13.92	$208.58	$236.42	6.26%
$225.00	Jul 17	$5.63	$8.60	$14.23	$210.77	$239.23	6.40%
$220.00	Jul 17	$8.25	$6.05	$14.30	$205.70	$234.30	6.44%
$215.00	Jul 17	$10.80	$3.90	$14.70	$200.30	$229.70	6.62%
$227.50	Jul 17	$4.65	$10.07	$14.72	$212.78	$242.22	6.62%
$230.00	Jul 17	$3.93	$11.80	$15.73	$214.27	$245.73	7.08%
$210.00	Jul 17	$14.35	$2.55	$16.90	$193.10	$226.90	7.61%
$232.50	Jul 17	$3.01	$13.90	$16.91	$215.59	$249.41	7.61%
$235.00	Jul 17	$2.51	$15.73	$18.24	$216.76	$253.24	8.21%
$205.00	Jul 17	$17.98	$1.56	$19.54	$185.46	$224.54	8.79%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 1.75% of stock, avg 8.47%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$232.50	$200.00	Jul 17	$3.01	$0.88	$3.89	$196.11	$236.39
$232.50	$205.00	Jul 17	$3.01	$1.56	$4.57	$200.43	$237.07
$230.00	$200.00	Jul 17	$3.93	$0.88	$4.81	$195.19	$234.81
$230.00	$205.00	Jul 17	$3.93	$1.56	$5.49	$199.51	$235.49
$227.50	$200.00	Jul 17	$4.65	$0.88	$5.53	$194.47	$233.03
$232.50	$210.00	Jul 17	$3.01	$2.55	$5.56	$204.44	$238.06
$227.50	$205.00	Jul 17	$4.65	$1.56	$6.21	$198.79	$233.71
$230.00	$210.00	Jul 17	$3.93	$2.55	$6.48	$203.52	$236.48
$225.00	$200.00	Jul 17	$5.63	$0.88	$6.51	$193.49	$231.51
$232.50	$215.00	Jul 17	$3.01	$3.90	$6.91	$208.09	$239.41

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 355 found (best R:R 49.00, avg credit $3.57)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
205/210	220/225	Aug 21	$4.90	$0.10	49.00	$205.10	$224.90
195/200	205/210	Aug 21	$4.86	$0.14	34.71	$195.14	$209.86
180/185	190/195	Aug 21	$4.83	$0.17	28.41	$180.17	$194.83
195/200	210/215	Aug 28	$4.82	$0.18	26.78	$195.18	$214.82
210/215	220/225	Aug 28	$4.80	$0.20	24.00	$210.20	$224.80
220/225	235/240	Aug 14	$4.79	$0.21	22.81	$220.21	$239.79
195/200	205/210	Aug 28	$4.77	$0.23	20.74	$195.23	$209.77
180/185	205/210	Aug 14	$4.74	$0.26	18.23	$180.26	$209.74
210/215	220/225	Aug 21	$4.74	$0.26	18.23	$210.26	$224.74
225/230	250/255	Aug 28	$4.73	$0.27	17.52	$225.27	$254.73

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 148 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$205.00	$210.00	$215.00	Jul 17	$0.08	$4.92	61.50
$195.00	$200.00	$205.00	Aug 21	$0.08	$4.92	61.50
$225.00	$227.50	$230.00	Jul 24	$0.05	$2.45	49.00
$230.00	$235.00	$240.00	Aug 7	$0.10	$4.90	49.00
$235.00	$240.00	$245.00	Aug 28	$0.12	$4.88	40.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$240.00	$245.00	$250.00	Aug 14	$0.05	$4.95	99.00
$235.00	$240.00	$245.00	Aug 14	$0.06	$4.94	82.33
$235.00	$240.00	$245.00	Aug 21	$0.06	$4.94	82.33
$180.00	$185.00	$190.00	Jul 24	$0.07	$4.93	70.43
$215.00	$220.00	$225.00	Jul 24	$0.08	$4.92	61.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 68 found (best net $-1.80, 68 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$250.00	$260.00	1:2	Aug 14	-$1.80	$8.20
$250.00	$260.00	1:2	Aug 7	-$2.12	$7.88
$260.00	$265.00	1:2	Jul 31	-$1.77	$3.23
$257.50	$260.00	1:2	Jul 17	-$0.07	$2.43
$262.50	$265.00	1:2	Jul 17	-$0.13	$2.37

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$190.00	$185.00	1:2	Jul 17	-$0.03	$4.97
$195.00	$190.00	1:2	Jul 17	-$0.05	$4.95
$185.00	$180.00	1:2	Jul 17	-$0.08	$4.92
$200.00	$195.00	1:2	Jul 17	-$0.18	$4.82
$205.00	$200.00	1:2	Jul 17	-$0.20	$4.80

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 73 found (best yield 6.93%, avg 2.67%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$225.00	Aug 28	$15.40	0.49	1.3%	6.93%	8.20%	74	--
$225.00	Aug 21	$14.25	0.49	1.3%	6.41%	7.68%	213	52
$225.00	Aug 14	$13.40	0.49	1.3%	6.03%	7.30%	39	--
$230.00	Aug 28	$13.25	0.45	3.5%	5.96%	9.48%	14	--
$225.00	Aug 7	$13.00	0.50	1.3%	5.85%	7.12%	57	1
$230.00	Aug 21	$12.15	0.45	3.5%	5.47%	8.98%	1.2K	552
$230.00	Aug 14	$11.90	0.44	3.5%	5.36%	8.87%	7	--
$225.00	Jul 31	$11.75	0.49	1.3%	5.29%	6.55%	52	14
$235.00	Aug 28	$10.90	0.41	5.8%	4.91%	10.67%	5	--
$230.00	Aug 7	$10.45	0.44	3.5%	4.70%	8.22%	33	1

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 38,403

Total Puts 45,404

Put/Call Ratio 1.18

Net Difference -7,001

Prior's Put/Call Breakdown

Total Calls 11,396

Total Puts 1,360

Put/Call Ratio 0.12

Net Difference 10,036

Prior 7-Day Put/Call Summary

Total Calls 180,234

Total Puts 102,275

Average Put/Call Ratio 0.68

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

🤖 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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