IBM - Options Database

IBM

IBM CORP

$217.49 -25.06%

(7/14 10:01) ◀

Tuesday, July 14, 2026 (2:05pm)

▶ (7/14 18:00)

◀ 7/14 14:07 ▶

Option Volume

Detail

ℹ

Current (07/14 2:05pm) 384,631

Calls: 213,189 (55%)

Puts: 171,442 (45%)

Prior (06/25) 20,603

Calls: 18,072 (88%)

Puts: 2,531 (12%)

Current vs Prior +1766.87%

Calls: +1079.66% (Calls)

Puts: +6673.69% (Puts)

Prior 7-Day Total 401,733

Calls: 249,980 (62%)

Puts: 151,753 (38%)

Prior 7-Day Average 57,390

Calls: 35,711 (62%)

Puts: 21,679 (38%)

Current vs Prior 7-Day Avg +570.20%

Calls: +496.98%

Puts: +690.82%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/14 2:05pm) $333.29M

Calls: $145.21M (44%)

Puts: $188.08M (56%)

Prior (06/25) $8.33M

Calls: $6.95M (83%)

Puts: $1.38M (17%)

Current vs Prior +3899.65%

Calls: +1989.41%

Puts: +13498.61%

Prior 7-Day Total $296.87M

Calls: $165.08M (56%)

Puts: $131.79M (44%)

Prior 7-Day Average $42.41M

Calls: $23.58M (56%)

Puts: $18.83M (44%)

Current vs Prior 7-Day Avg +685.86%

Calls: +515.75%

Puts: +898.94%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/14 2:05pm) 0.80

Prior (06/25) 0.14

Current vs Prior +474.20%

Prior 7-Day Average 0.55

Current vs Prior 7-Day Avg +47.29%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/14 2:05pm) 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 6.58% | 11.14%6.58% | 15.60%

Prior 3.40% | 6.03%-- | --

Current vs Prior +93.77% | +84.83%-- | --

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

Current vs 7-Day Avg +31.37% | +59.45%-- | --

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

Current vs 7-Day Eod +93.77% | +84.83%-- | --

Sentiment BEARISH--

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.58% | 5.59%

Calls: 6.22% | 4.48%

Puts: 4.94% | 6.69%

Prior 39.77% | 29.09%

Calls: 30.77% | 24.57%

Puts: 48.78% | 33.62%

Current vs Prior -85.97% | -80.78%

Prior 7-Day Avg 18.34% | 16.79%

Calls: 14.96% | 12.82%

Puts: 21.73% | 20.76%

Current vs 7-Day Avg -69.58% | -66.71%

Liquidity Pricy

Add Card

🤖 AI Insights

Massive premium surge with dollar volume up 3900% vs prior. Dollar volume significantly above 7-day average (686% higher). Unusually high activity with volume up 1767% vs prior - elevated interest. Volume explosion - 570% above 7-day average (384,631 vs avg 57,390).

Smart Money BEARISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

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
14:05	BEARISH	BULLISH	BULLISH
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

📈 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 189 of results (avg 6.9%, best 2.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Aug 21	19.15	19.65	$19.40	2.6%	257	0.60	109
$220.00	Jul 17	4.75	4.90	$4.83	3.1%	16.0K	0.45	442
$200.00	Jul 24	20.85	21.60	$21.23	3.5%	159	0.78	31
$222.50	Jul 17	3.85	4.00	$3.93	3.8%	3.0K	0.39	10
$215.00	Aug 21	16.45	17.10	$16.77	3.9%	418	0.55	10

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$215.00	Jul 17	4.40	4.50	$4.45	2.2%	11.4K	0.41	1.1K
$190.00	Jul 24	1.58	1.63	$1.61	3.1%	1.3K	0.12	146
$255.00	Aug 21	42.15	43.60	$42.88	3.4%	74	0.78	732
$220.00	Aug 14	16.15	16.75	$16.45	3.6%	199	0.49	1
$195.00	Jul 24	2.41	2.50	$2.46	3.7%	666	0.17	79

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 9 found (avg $0.56, cheapest $0.19)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$255.00	Jul 17	0.18	0.20	$0.19	10.5%	2.2K	0.03	1.1K
$250.00	Jul 17	0.28	0.30	$0.29	6.9%	7.8K	0.04	4.2K
$245.00	Jul 17	0.42	0.48	$0.45	13.3%	2.2K	0.06	1.0K
$242.50	Jul 17	0.54	0.61	$0.57	12.3%	777	0.08	6
$240.00	Jul 17	0.70	0.76	$0.73	8.2%	5.2K	0.10	481

PUTS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Jul 17	0.26	0.29	$0.28	10.7%	3.6K	0.04	321
$200.00	Jul 17	0.57	0.63	$0.60	10.0%	13.4K	0.09	1.1K
$185.00	Jul 24	0.92	1.05	$0.99	13.1%	425	0.08	11

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 135 found (avg delta 0.75, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Jul 17	42.15	44.80	$43.47	6.1%	1	0.99	31
$180.00	Jul 17	36.85	39.80	$38.33	7.7%	20	0.99	22
$185.00	Jul 17	32.25	34.80	$33.53	7.6%	6	0.99	45
$190.00	Jul 17	27.20	29.35	$28.28	7.6%	100	0.98	15
$175.00	Jul 24	42.45	45.25	$43.85	6.4%	5	0.97	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$255.00	Jul 17	36.20	38.15	$37.17	5.2%	101	1.00	1.3K
$257.50	Jul 17	37.90	40.75	$39.33	7.2%	68	1.00	222
$260.00	Jul 17	41.45	43.20	$42.33	4.1%	164	1.00	2.8K
$252.50	Jul 17	33.00	36.00	$34.50	8.7%	55	0.95	209
$250.00	Jul 17	30.55	33.55	$32.05	9.4%	1.0K	0.95	2.7K

Most actively traded options today. High liquidity = easy entry/exit. 275 active (total vol 235.1K, top 16.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$220.00	Jul 17	4.75	4.90	$4.83	3.1%	16.0K	0.45	442
$230.00	Jul 17	1.91	2.00	$1.96	4.6%	10.8K	0.23	331
$225.00	Jul 17	3.10	3.25	$3.18	4.7%	9.4K	0.33	221
$250.00	Jul 17	0.28	0.30	$0.29	6.9%	7.8K	0.04	4.2K
$240.00	Jul 17	0.70	0.76	$0.73	8.2%	5.2K	0.10	481

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Jul 17	0.57	0.63	$0.60	10.0%	13.4K	0.09	1.1K
$215.00	Jul 17	4.40	4.50	$4.45	2.2%	11.4K	0.41	1.1K
$210.00	Jul 17	2.42	2.60	$2.51	7.2%	10.3K	0.28	733
$220.00	Jul 17	6.90	7.25	$7.08	4.9%	8.7K	0.55	2.1K
$205.00	Jul 17	1.25	1.30	$1.27	3.9%	6.2K	0.17	924

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 50 strikes (avg 32.8%, max 75.8%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$175.00	Jul 17	Aug 28	95.2%	54.2%	75.6%	5	31
$180.00	Jul 17	Aug 21	87.9%	54.5%	61.2%	26	67
$260.00	Jul 17	Aug 28	91.5%	56.9%	60.6%	1.5K	3.2K
$255.00	Jul 17	Aug 28	88.6%	57.0%	55.5%	2.3K	1.1K
$250.00	Jul 17	Aug 28	85.6%	56.5%	51.3%	8.0K	4.2K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$175.00	Jul 17	Aug 28	95.3%	54.2%	75.8%	1.2K	570
$180.00	Jul 17	Aug 28	87.9%	53.1%	65.5%	2.2K	580
$260.00	Jul 17	Aug 28	91.5%	56.9%	60.8%	172	2.8K
$255.00	Jul 17	Aug 28	88.6%	57.0%	55.4%	103	1.3K
$250.00	Jul 17	Aug 28	85.6%	56.6%	51.2%	1.0K	2.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 165 found (best R:R 34.71, avg 3.67)

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
$242.50	$245.00	Jul 17	$0.12	$2.38	$0.12	19.83	$242.62
$257.50	$260.00	Jul 24	$0.13	$2.37	$0.13	18.23	$257.63
$240.00	$242.50	Jul 17	$0.16	$2.34	$0.16	14.62	$240.16
$237.50	$240.00	Jul 17	$0.22	$2.28	$0.22	10.36	$237.72

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$195.00	$190.00	Jul 17	$0.14	$4.86	$0.14	34.71	$194.86
$180.00	$175.00	Jul 24	$0.22	$4.78	$0.22	21.73	$179.78
$200.00	$195.00	Jul 17	$0.32	$4.68	$0.32	14.63	$199.68
$180.00	$175.00	Jul 31	$0.32	$4.68	$0.32	14.62	$179.68
$185.00	$180.00	Jul 24	$0.39	$4.61	$0.39	11.82	$184.61

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 243 found (best R:R 24.00, avg 2.25)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$180.00	$185.00	Jul 17	$4.80	$4.80	$0.20	24.00	$184.80
$175.00	$180.00	Jul 31	$4.72	$4.72	$0.28	16.86	$179.72
$180.00	$185.00	Aug 21	$4.63	$4.63	$0.37	12.51	$184.63
$195.00	$200.00	Jul 24	$4.60	$4.60	$0.40	11.50	$199.60
$195.00	$200.00	Jul 17	$4.58	$4.58	$0.42	10.90	$199.58

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$242.50	$240.00	Jul 17	$2.38	$2.38	$0.12	19.83	$240.12
$235.00	$232.50	Jul 17	$2.35	$2.35	$0.15	15.67	$232.65
$255.00	$250.00	Jul 31	$4.60	$4.60	$0.40	11.50	$250.40
$250.00	$247.50	Jul 24	$2.28	$2.28	$0.22	10.36	$247.72
$260.00	$257.50	Jul 24	$2.28	$2.28	$0.22	10.36	$257.72

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 50 found (avg debit $2.77, cheapest $0.34)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$175.00	Jul 17	Jul 24	$0.38	95.2%	74.6%
$180.00	Jul 17	Jul 24	$0.59	87.9%	73.1%
$185.00	Jul 17	Jul 24	$1.02	79.3%	72.8%
$260.00	Jul 17	Jul 24	$1.29	91.5%	81.0%
$257.50	Jul 17	Jul 24	$1.41	89.2%	79.7%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$175.00	Jul 17	Jul 24	$0.34	95.3%	74.6%
$180.00	Jul 17	Jul 24	$0.55	87.9%	73.1%
$260.00	Jul 17	Jul 24	$0.55	91.5%	81.0%
$185.00	Jul 17	Jul 24	$0.92	79.3%	72.8%
$255.00	Jul 17	Jul 24	$1.16	88.6%	80.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 135 found (cheapest 5.37% of stock, avg 15.10%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$215.00	Jul 17	$7.23	$4.45	$11.68	$203.32	$226.68	5.37%
$220.00	Jul 17	$4.83	$7.08	$11.91	$208.09	$231.91	5.48%
$222.50	Jul 17	$3.93	$8.45	$12.38	$210.12	$234.88	5.69%
$210.00	Jul 17	$10.20	$2.51	$12.71	$197.29	$222.71	5.84%
$225.00	Jul 17	$3.18	$10.18	$13.36	$211.64	$238.36	6.14%
$227.50	Jul 17	$2.52	$12.10	$14.62	$212.88	$242.12	6.72%
$205.00	Jul 17	$14.08	$1.27	$15.35	$189.65	$220.35	7.06%
$230.00	Jul 17	$1.96	$14.10	$16.06	$213.94	$246.06	7.38%
$232.50	Jul 17	$1.53	$16.08	$17.61	$214.89	$250.11	8.10%
$200.00	Jul 17	$18.42	$0.60	$19.02	$180.98	$219.02	8.75%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 1.18% of stock, avg 7.77%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$230.00	$200.00	Jul 17	$1.96	$0.60	$2.56	$197.44	$232.56
$227.50	$200.00	Jul 17	$2.52	$0.60	$3.12	$196.88	$230.62
$230.00	$205.00	Jul 17	$1.96	$1.27	$3.23	$201.77	$233.23
$225.00	$200.00	Jul 17	$3.18	$0.60	$3.78	$196.22	$228.78
$227.50	$205.00	Jul 17	$2.52	$1.27	$3.79	$201.21	$231.29
$225.00	$205.00	Jul 17	$3.18	$1.27	$4.45	$200.55	$229.45
$230.00	$210.00	Jul 17	$1.96	$2.51	$4.47	$205.53	$234.47
$222.50	$200.00	Jul 17	$3.93	$0.60	$4.53	$195.47	$227.03
$227.50	$210.00	Jul 17	$2.52	$2.51	$5.03	$204.97	$232.53
$222.50	$205.00	Jul 17	$3.93	$1.27	$5.20	$199.80	$227.70

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 276 found (best R:R 49.00, avg credit $3.62)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
185/190	200/205	Aug 28	$4.90	$0.10	49.00	$185.10	$204.90
195/200	205/210	Aug 7	$4.89	$0.11	44.45	$195.11	$209.89
215/220	225/230	Aug 14	$4.85	$0.15	32.33	$215.15	$229.85
190/195	205/210	Aug 21	$4.83	$0.17	28.41	$190.17	$209.83
175/180	195/200	Jul 24	$4.82	$0.18	26.78	$175.18	$199.82
180/185	195/200	Jul 31	$4.82	$0.18	26.78	$180.18	$199.82
210/215	220/225	Aug 21	$4.82	$0.18	26.78	$210.18	$224.82
180/185	190/195	Jul 24	$4.79	$0.21	22.81	$180.21	$194.79
180/185	190/195	Aug 28	$4.78	$0.22	21.73	$180.22	$194.78
190/195	200/205	Aug 14	$4.75	$0.25	19.00	$190.25	$204.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 166 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$180.00	$185.00	$190.00	Jul 24	$0.05	$4.95	99.00
$210.00	$215.00	$220.00	Aug 7	$0.05	$4.95	99.00
$250.00	$255.00	$260.00	Aug 21	$0.05	$4.95	99.00
$245.00	$250.00	$255.00	Jul 31	$0.06	$4.94	82.33
$235.00	$240.00	$245.00	Aug 28	$0.08	$4.92	61.50

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$225.00	$230.00	$235.00	Jul 31	$0.06	$4.94	82.33
$185.00	$190.00	$195.00	Jul 17	$0.07	$4.93	70.43
$230.00	$235.00	$240.00	Jul 31	$0.07	$4.93	70.43
$235.00	$240.00	$245.00	Aug 28	$0.07	$4.93	70.43
$240.00	$245.00	$250.00	Jul 31	$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. 86 found (best net $--, 84 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$255.00	$260.00	1:2	Jul 31	-$1.66	$3.34
$250.00	$255.00	1:2	Jul 31	-$2.01	$2.99
$255.00	$260.00	1:2	Aug 7	-$2.29	$2.71
$215.00	$220.00	1:2	Jul 17	-$2.43	$2.57
$255.00	$257.50	1:2	Jul 17	-$0.09	$2.41

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$190.00	$185.00	1:2	Jul 17	$0.00	$5.00
$195.00	$190.00	1:2	Jul 17	$0.00	$5.00
$180.00	$175.00	1:2	Jul 17	-$0.03	$4.97
$185.00	$180.00	1:2	Jul 17	-$0.03	$4.97
$210.00	$205.00	1:2	Jul 17	-$0.03	$4.97

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 73 found (best yield 7.06%, avg 2.62%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$220.00	Aug 28	$15.35	0.51	1.1%	7.06%	8.21%	178	1
$220.00	Aug 21	$14.20	0.50	1.1%	6.53%	7.68%	1.5K	230
$220.00	Aug 14	$13.35	0.50	1.1%	6.14%	7.29%	476	7
$225.00	Aug 28	$13.00	0.46	3.5%	5.98%	9.43%	524	--
$220.00	Aug 7	$12.75	0.51	1.1%	5.86%	7.02%	239	--
$225.00	Aug 21	$12.20	0.45	3.5%	5.61%	9.06%	864	52
$225.00	Aug 14	$11.35	0.45	3.5%	5.22%	8.67%	270	--
$230.00	Aug 28	$11.25	0.41	5.8%	5.17%	10.92%	380	--
$220.00	Jul 31	$11.20	0.50	1.1%	5.15%	6.30%	838	23
$230.00	Aug 21	$10.50	0.41	5.8%	4.83%	10.58%	2.4K	552

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 213,189

Total Puts 171,442

Put/Call Ratio 0.80

Net Difference 41,747

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 249,980

Total Puts 151,753

Average Put/Call Ratio 0.55

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
Loading data...

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

Add Card