IBM - Options Database

IBM

IBM CORP

$223.00 -23.16%

(7/14 09:55) ◀

Tuesday, July 14, 2026 (10:00am)

▶

◀ 7/14 10:01

Option Volume

Detail

ℹ

Current (07/14 10:00am) 122,193

Calls: 62,734 (51%)

Puts: 59,459 (49%)

Prior (06/25) 20,603

Calls: 18,072 (88%)

Puts: 2,531 (12%)

Current vs Prior +493.08%

Calls: +247.13% (Calls)

Puts: +2249.23% (Puts)

Prior 7-Day Total 377,988

Calls: 234,774 (62%)

Puts: 143,214 (38%)

Prior 7-Day Average 53,998

Calls: 33,539 (62%)

Puts: 20,459 (38%)

Current vs Prior 7-Day Avg +126.29%

Calls: +87.05%

Puts: +190.62%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/14 10:00am) $94.77M

Calls: $44.02M (46%)

Puts: $50.75M (54%)

Prior (06/25) $8.33M

Calls: $6.95M (83%)

Puts: $1.38M (17%)

Current vs Prior +1037.29%

Calls: +533.37%

Puts: +3569.48%

Prior 7-Day Total $280.98M

Calls: $153.26M (55%)

Puts: $127.72M (45%)

Prior 7-Day Average $40.14M

Calls: $21.89M (55%)

Puts: $18.25M (45%)

Current vs Prior 7-Day Avg +136.10%

Calls: +101.05%

Puts: +178.16%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/14 10:00am) 0.95

Prior (06/25) 0.14

Current vs Prior +576.75%

Prior 7-Day Average 0.56

Current vs Prior 7-Day Avg +68.16%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/14 10:00am) 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 6.63% | 11.75%6.63% | 15.61%

Prior 3.40% | 6.03%-- | --

Current vs Prior +95.19% | +94.99%-- | --

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

Current vs 7-Day Avg +32.33% | +68.22%-- | --

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

Current vs 7-Day Eod +95.19% | +94.99%-- | --

Sentiment BEARISH--

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.71% | 12.63%

Calls: 4.98% | 11.93%

Puts: 6.45% | 13.33%

Prior 39.77% | 29.09%

Calls: 30.77% | 24.57%

Puts: 48.78% | 33.62%

Current vs Prior -85.64% | -56.58%

Prior 7-Day Avg 18.34% | 16.79%

Calls: 14.96% | 12.82%

Puts: 21.73% | 20.76%

Current vs 7-Day Avg -68.87% | -24.78%

Liquidity Pricy

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Massive premium surge with dollar volume up 1037% vs prior. Dollar volume significantly above 7-day average (136% higher). Unusually high activity with volume up 493% vs prior - elevated interest. Volume explosion - 126% above 7-day average (122,193 vs avg 53,998).

Smart Money BEARISH

Retail Flow NEUTRAL

Overall MIXED

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
10:00	BEARISH	NEUTRAL	MIXED
09:55	BEARISH	NEUTRAL	BEARISH
09:50	BEARISH	NEUTRAL	BEARISH
09:45	BEARISH	BEARISH	BEARISH
09:40	BEARISH	BEARISH	BEARISH
09:35	BEARISH	BEARISH	BEARISH

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📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

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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 99 of results (avg 8.0%, best 4.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$225.00	Jul 17	5.70	5.95	$5.83	4.3%	3.5K	0.48	221
$225.00	Jul 24	10.50	11.00	$10.75	4.7%	2.2K	0.50	8
$222.50	Jul 17	6.85	7.20	$7.03	5.0%	993	0.54	10
$240.00	Aug 21	9.25	9.80	$9.53	5.8%	305	0.38	388
$215.00	Aug 21	19.75	20.95	$20.35	5.9%	49	0.61	10

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$220.00	Aug 21	14.45	15.30	$14.88	5.7%	273	0.44	2.2K
$265.00	Jul 24	41.75	44.35	$43.05	6.0%	60	0.87	826
$225.00	Jul 17	7.50	8.00	$7.75	6.5%	1.3K	0.53	1.9K
$245.00	Aug 21	29.05	31.00	$30.03	6.5%	10	0.67	1.0K
$200.00	Aug 21	6.65	7.10	$6.88	6.5%	1.1K	0.25	703

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.41, cheapest $0.16)

CALLS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$265.00	Jul 17	0.15	0.17	$0.16	12.5%	238	0.02	1.1K
$250.00	Jul 17	0.60	0.69	$0.65	13.8%	3.8K	0.08	4.2K

PUTS (0)

No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 128 found (avg delta 0.73, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Jul 17	41.80	45.35	$43.58	8.1%	--	0.99	22
$185.00	Jul 17	36.55	40.40	$38.47	10.0%	--	0.99	45
$190.00	Jul 17	32.55	35.45	$34.00	8.5%	56	0.98	15
$195.00	Jul 17	27.70	30.35	$29.03	9.1%	48	0.96	40
$180.00	Jul 24	43.10	46.20	$44.65	6.9%	--	0.95	16

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$260.00	Jul 17	35.00	38.15	$36.58	8.6%	116	1.00	2.8K
$262.50	Jul 17	37.40	40.60	$39.00	8.2%	39	1.00	219
$265.00	Jul 17	39.85	42.80	$41.33	7.1%	110	1.00	2.0K
$267.50	Jul 17	42.35	45.25	$43.80	6.6%	24	1.00	418
$257.50	Jul 17	32.50	35.25	$33.88	8.1%	49	0.95	222

Most actively traded options today. High liquidity = easy entry/exit. 263 active (total vol 75.3K, top 5.9K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$230.00	Jul 17	3.80	4.10	$3.95	7.6%	4.3K	0.36	331
$250.00	Jul 17	0.60	0.69	$0.65	13.8%	3.8K	0.08	4.2K
$225.00	Jul 17	5.70	5.95	$5.83	4.3%	3.5K	0.48	221
$225.00	Jul 24	10.50	11.00	$10.75	4.7%	2.2K	0.50	8
$220.00	Jul 17	8.05	8.65	$8.35	7.2%	2.0K	0.60	442

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Jul 17	0.56	0.69	$0.63	20.6%	5.9K	0.07	1.1K
$215.00	Jul 17	3.15	3.50	$3.33	10.5%	4.5K	0.29	1.1K
$220.00	Jul 17	5.00	5.45	$5.23	8.6%	3.8K	0.40	2.1K
$210.00	Jul 17	1.74	2.12	$1.93	19.7%	2.6K	0.20	733
$205.00	Jul 17	1.08	1.19	$1.14	9.6%	1.8K	0.12	924

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 48 strikes (avg 39.5%, max 73.9%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$180.00	Jul 17	Aug 21	99.0%	58.3%	70.0%	1	67
$255.00	Jul 17	Aug 28	86.5%	54.8%	58.0%	1.5K	1.1K
$185.00	Jul 17	Aug 21	90.4%	57.8%	56.3%	12	49
$265.00	Jul 17	Aug 28	89.4%	57.3%	56.0%	248	1.1K
$260.00	Jul 17	Aug 28	85.9%	55.2%	55.7%	585	3.2K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$180.00	Jul 17	Aug 28	99.0%	56.9%	73.9%	922	580
$185.00	Jul 17	Aug 28	90.4%	56.1%	61.0%	1.1K	457
$190.00	Jul 17	Aug 28	86.6%	54.3%	59.4%	1.7K	430
$260.00	Jul 17	Aug 28	85.9%	55.3%	55.3%	120	2.8K
$265.00	Jul 17	Aug 21	89.4%	57.8%	54.7%	146	2.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 172 found (best R:R 44.45, avg 3.73)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$250.00	$252.50	Jul 24	$0.10	$2.40	$0.10	24.00	$250.10
$252.50	$255.00	Jul 17	$0.11	$2.39	$0.11	21.73	$252.61
$247.50	$250.00	Jul 17	$0.13	$2.37	$0.13	18.23	$247.63
$257.50	$260.00	Jul 17	$0.13	$2.37	$0.13	18.23	$257.63
$260.00	$265.00	Aug 28	$0.37	$4.63	$0.37	12.51	$260.37

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$190.00	$185.00	Jul 17	$0.11	$4.89	$0.11	44.45	$189.89
$185.00	$180.00	Jul 24	$0.33	$4.67	$0.33	14.15	$184.67
$200.00	$195.00	Jul 17	$0.35	$4.65	$0.35	13.29	$199.65
$185.00	$180.00	Aug 7	$0.40	$4.60	$0.40	11.50	$184.60
$185.00	$180.00	Aug 14	$0.45	$4.55	$0.45	10.11	$184.55

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 244 found (best R:R 24.00, avg 2.21)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$195.00	$200.00	Jul 17	$4.73	$4.73	$0.27	17.52	$199.73
$180.00	$190.00	Jul 24	$9.10	$9.10	$0.90	10.11	$189.10
$180.00	$190.00	Jul 31	$9.10	$9.10	$0.90	10.11	$189.10
$185.00	$190.00	Jul 17	$4.47	$4.47	$0.53	8.43	$189.47
$190.00	$195.00	Aug 7	$4.25	$4.25	$0.75	5.67	$194.25

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$245.00	$242.50	Jul 17	$2.40	$2.40	$0.10	24.00	$242.60
$247.50	$245.00	Jul 17	$2.40	$2.40	$0.10	24.00	$245.10
$257.50	$255.00	Jul 17	$2.38	$2.38	$0.12	19.83	$255.12
$255.00	$252.50	Jul 17	$2.35	$2.35	$0.15	15.67	$252.65
$262.50	$260.00	Jul 24	$2.35	$2.35	$0.15	15.67	$260.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 54 found (avg debit $3.18, cheapest $0.70)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$180.00	Jul 17	Jul 24	$1.07	99.0%	83.7%
$267.50	Jul 17	Jul 24	$1.31	88.6%	83.2%
$265.00	Jul 17	Jul 24	$1.51	89.4%	81.7%
$190.00	Jul 17	Jul 24	$1.55	86.6%	80.2%
$262.50	Jul 17	Jul 24	$1.71	88.3%	81.7%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$180.00	Jul 17	Jul 24	$0.70	99.0%	83.8%
$185.00	Jul 17	Jul 24	$1.02	90.4%	82.2%
$267.50	Jul 17	Jul 24	$1.20	88.6%	83.2%
$190.00	Jul 17	Jul 24	$1.37	86.6%	80.2%
$262.50	Jul 17	Jul 24	$1.50	88.3%	81.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 127 found (cheapest 6.04% of stock, avg 14.84%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$222.50	Jul 17	$7.03	$6.43	$13.46	$209.04	$235.96	6.04%
$220.00	Jul 17	$8.35	$5.23	$13.58	$206.42	$233.58	6.09%
$225.00	Jul 17	$5.83	$7.75	$13.58	$211.42	$238.58	6.09%
$227.50	Jul 17	$4.80	$8.93	$13.73	$213.77	$241.23	6.16%
$230.00	Jul 17	$3.95	$10.38	$14.33	$215.67	$244.33	6.43%
$215.00	Jul 17	$11.48	$3.33	$14.81	$200.19	$229.81	6.64%
$232.50	Jul 17	$3.18	$12.30	$15.48	$217.02	$247.98	6.94%
$235.00	Jul 17	$2.58	$14.38	$16.96	$218.04	$251.96	7.61%
$210.00	Jul 17	$15.08	$1.93	$17.01	$192.99	$227.01	7.63%
$237.50	Jul 17	$2.00	$15.68	$17.68	$219.82	$255.18	7.93%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 1.67% of stock, avg 8.12%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$235.00	$205.00	Jul 17	$2.58	$1.14	$3.72	$201.28	$238.72
$232.50	$205.00	Jul 17	$3.18	$1.14	$4.32	$200.68	$236.82
$235.00	$210.00	Jul 17	$2.58	$1.93	$4.51	$205.49	$239.51
$230.00	$205.00	Jul 17	$3.95	$1.14	$5.09	$199.91	$235.09
$232.50	$210.00	Jul 17	$3.18	$1.93	$5.11	$204.89	$237.61
$230.00	$210.00	Jul 17	$3.95	$1.93	$5.88	$204.12	$235.88
$235.00	$215.00	Jul 17	$2.58	$3.33	$5.91	$209.09	$240.91
$227.50	$205.00	Jul 17	$4.80	$1.14	$5.94	$199.06	$233.44
$232.50	$215.00	Jul 17	$3.18	$3.33	$6.51	$208.49	$239.01
$227.50	$210.00	Jul 17	$4.80	$1.93	$6.73	$203.27	$234.23

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 344 found (best R:R 40.67, avg credit $3.52)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
210/215	220/225	Jul 24	$4.88	$0.12	40.67	$210.12	$224.88
215/220	225/230	Aug 7	$4.88	$0.12	40.67	$215.12	$229.88
225/230	250/255	Aug 28	$4.88	$0.12	40.67	$225.12	$254.88
195/200	205/210	Aug 7	$4.85	$0.15	32.33	$195.15	$209.85
185/190	195/200	Jul 17	$4.84	$0.16	30.25	$185.16	$199.84
225/230	245/250	Aug 28	$4.81	$0.19	25.32	$225.19	$249.81
185/190	195/200	Aug 21	$4.78	$0.22	21.73	$185.22	$199.78
190/195	200/205	Aug 14	$4.75	$0.25	19.00	$190.25	$204.75
215/220	235/240	Aug 14	$4.72	$0.28	16.86	$215.28	$239.72
225/230	235/240	Aug 14	$4.72	$0.28	16.86	$225.28	$239.72

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 156 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$245.00	$250.00	$255.00	Jul 31	$0.05	$4.95	99.00
$205.00	$210.00	$215.00	Aug 28	$0.07	$4.93	70.43
$255.00	$260.00	$265.00	Aug 7	$0.08	$4.92	61.50
$215.00	$220.00	$225.00	Aug 14	$0.08	$4.92	61.50
$200.00	$205.00	$210.00	Jul 24	$0.10	$4.90	49.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$205.00	$210.00	$215.00	Aug 28	$0.05	$4.95	99.00
$180.00	$185.00	$190.00	Jul 31	$0.09	$4.91	54.56
$195.00	$200.00	$205.00	Jul 31	$0.09	$4.91	54.56
$180.00	$185.00	$190.00	Jul 17	$0.10	$4.90	49.00
$195.00	$200.00	$205.00	Aug 21	$0.10	$4.90	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. 78 found (best net $-2.98, 76 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$250.00	$260.00	1:2	Aug 14	-$2.98	$7.02
$260.00	$265.00	1:2	Jul 31	-$2.08	$2.92
$265.00	$267.50	1:2	Jul 17	-$0.08	$2.42
$257.50	$260.00	1:2	Jul 17	-$0.11	$2.39
$262.50	$265.00	1:2	Jul 17	-$0.11	$2.39

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$185.00	$180.00	1:2	Jul 17	-$0.06	$4.94
$195.00	$190.00	1:2	Jul 17	-$0.10	$4.90
$205.00	$200.00	1:2	Jul 17	-$0.12	$4.88
$210.00	$205.00	1:2	Jul 17	-$0.35	$4.65
$185.00	$180.00	1:2	Jul 24	-$0.44	$4.56

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 76 found (best yield 6.91%, avg 2.65%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$225.00	Aug 28	$15.40	0.52	0.9%	6.91%	7.80%	96	--
$225.00	Aug 21	$14.90	0.51	0.9%	6.68%	7.58%	301	52
$225.00	Aug 14	$13.80	0.51	0.9%	6.19%	7.09%	107	--
$225.00	Aug 7	$13.65	0.53	0.9%	6.12%	7.02%	74	1
$230.00	Aug 28	$13.40	0.47	3.1%	6.01%	9.15%	172	--
$230.00	Aug 21	$12.25	0.47	3.1%	5.49%	8.63%	1.3K	552
$225.00	Jul 31	$12.00	0.52	0.9%	5.38%	6.28%	95	14
$230.00	Aug 14	$11.75	0.46	3.1%	5.27%	8.41%	36	--
$230.00	Aug 7	$11.30	0.47	3.1%	5.07%	8.21%	192	1
$235.00	Aug 28	$11.05	0.43	5.4%	4.96%	10.34%	6	--

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 62,734

Total Puts 59,459

Put/Call Ratio 0.95

Net Difference 3,275

Prior's Put/Call Breakdown

Total Calls 18,072

Total Puts 2,531

Put/Call Ratio 0.14

Net Difference 15,541

Prior 7-Day Put/Call Summary

Total Calls 234,774

Total Puts 143,214

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

🤖 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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