IBM - Options Database

IBM

IBM CORP

$229.76 +4.47%

(10/1 10:25) ◀

Thursday, October 1, 2026 (10:30am)

▶ (10/1 10:35)

◀ 10/1 10:30 ▶

Option Volume

Detail

ℹ

Current (10/01 10:30am) 39,788

Calls: 28,938 (73%)

Puts: 10,850 (27%)

Prior (09/14) 28,501

Calls: 25,204 (88%)

Puts: 3,297 (12%)

Current vs Prior +39.60%

Calls: +14.82% (Calls)

Puts: +229.09% (Puts)

Prior 7-Day Total 819,863

Calls: 531,209 (65%)

Puts: 288,654 (35%)

Prior 7-Day Average 117,123

Calls: 75,887 (65%)

Puts: 41,236 (35%)

Current vs Prior 7-Day Avg -66.03%

Calls: -61.87%

Puts: -73.69%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/01 10:30am) $14.32M

Calls: $10.16M (71%)

Puts: $4.15M (29%)

Prior (09/14) $14.28M

Calls: $12.64M (89%)

Puts: $1.64M (11%)

Current vs Prior +0.27%

Calls: -19.56%

Puts: +153.02%

Prior 7-Day Total $588.21M

Calls: $305.43M (52%)

Puts: $282.79M (48%)

Prior 7-Day Average $84.03M

Calls: $43.63M (52%)

Puts: $40.40M (48%)

Current vs Prior 7-Day Avg -82.96%

Calls: -76.70%

Puts: -89.72%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/01 10:30am) 0.37

Prior (09/14) 0.13

Current vs Prior +186.62%

Prior 7-Day Average 0.45

Current vs Prior 7-Day Avg -16.54%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/01 10:30am) 599,107

Calls: 332,364 (55%)

Puts: 266,743 (45%)

Prior (09/14) 657,248

Calls: 374,902 (57%)

Puts: 282,346 (43%)

Current vs Prior -8.85%

Prior 7-Day Total 4,904,624

Calls: 2,806,740 (57%)

Puts: 2,097,884 (43%)

Prior 7-Day Average 700,660

Calls: 400,962 (57%)

Puts: 299,697 (43%)

Current vs Prior 7-Day Avg -14.49%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (10/02) | Next (10/09)Expiry (10/16) | Next (11/20)

Current 2.75% | 4.72%5.97% | 13.64%

Prior 3.00% | 4.93%3.00% | 8.81%

Current vs Prior -8.25% | -4.23%+99.04% | +54.73%

Prior 7-Day Avg 5.09% | 7.35%7.95% | 13.33%

Current vs 7-Day Avg -46.01% | -35.78%-24.94% | +2.26%

Prior 7-Day Eod 3.00% | 4.93%5.87% | 13.28%

Current vs 7-Day Eod -8.25% | -4.23%+1.57% | +2.67%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 29.81% | 15.95%

Calls: 29.33% | 13.33%

Puts: 30.29% | 18.56%

Prior 17.99% | 9.63%

Calls: 11.36% | 8.11%

Puts: 24.63% | 11.16%

Current vs Prior +65.70% | +65.63%

Prior 7-Day Avg 10.60% | 10.62%

Calls: 8.81% | 8.89%

Puts: 12.38% | 12.34%

Current vs 7-Day Avg +181.30% | +50.19%

Liquidity Expensive

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Moderately bullish flow with 71% call dollar volume ($10.16M). Extreme bullish P/C ratio of 0.37 - heavy call buying (28,938 calls vs 10,850 puts). P/C ratio rising 187% - increased hedging/bearish positioning.

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 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

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
10:30	BULLISH	BULLISH	BULLISH
10:25	BULLISH	BULLISH	BULLISH
10:20	BULLISH	BULLISH	BULLISH
10:15	BULLISH	BULLISH	BULLISH
10:10	BULLISH	BULLISH	BULLISH
10:05	BULLISH	BULLISH	BULLISH
10:00	BULLISH	BULLISH	BULLISH
09:55	BULLISH	BULLISH	BULLISH
09:50	BULLISH	BULLISH	BULLISH
09:45	BULLISH	BULLISH	BULLISH
09:40	BULLISH	BULLISH	BULLISH
09:35	BULLISH	BULLISH	BULLISH

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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 33 of results (avg 8.6%, best 5.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$185.00	Oct 16	43.50	46.25	$44.88	6.1%	--	0.99	30
$225.00	Oct 30	14.05	15.15	$14.60	7.5%	46	0.59	116
$235.00	Oct 23	8.70	9.40	$9.05	7.7%	166	0.45	588
$190.00	Oct 16	38.20	41.30	$39.75	7.8%	--	0.99	124
$195.00	Oct 16	33.50	36.30	$34.90	8.0%	--	0.98	57

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$230.00	Oct 30	11.35	12.00	$11.68	5.6%	2	0.48	45
$275.00	Oct 16	44.30	47.20	$45.75	6.3%	--	1.00	22
$270.00	Oct 16	39.40	42.20	$40.80	6.9%	--	1.00	11
$265.00	Oct 16	34.25	37.35	$35.80	8.7%	--	0.94	38
$225.00	Oct 23	8.10	8.85	$8.48	8.8%	12	0.41	297

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. 86 found (avg delta 0.76, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Oct 2	33.00	36.10	$34.55	9.0%	2	1.00	4
$200.00	Oct 2	28.00	30.80	$29.40	9.5%	--	1.00	155
$210.00	Oct 2	19.05	21.05	$20.05	10.0%	1	1.00	40
$212.50	Oct 2	16.55	18.55	$17.55	11.4%	--	1.00	44
$215.00	Oct 2	14.05	16.05	$15.05	13.3%	1	1.00	32

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$270.00	Oct 16	39.40	42.20	$40.80	6.9%	--	1.00	11
$275.00	Oct 16	44.30	47.20	$45.75	6.3%	--	1.00	22
$265.00	Oct 16	34.25	37.35	$35.80	8.7%	--	0.94	38
$260.00	Oct 16	29.15	32.35	$30.75	10.4%	2	0.93	63
$240.00	Oct 2	9.40	12.20	$10.80	25.9%	38	0.93	7

Most actively traded options today. High liquidity = easy entry/exit. 213 active (total vol 35.3K, top 3.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$240.00	Oct 2	0.18	0.26	$0.22	36.4%	3.7K	0.07	1.8K
$235.00	Oct 2	0.65	0.98	$0.82	40.2%	3.2K	0.22	1.8K
$232.50	Oct 2	1.11	1.66	$1.39	39.6%	1.6K	0.33	1.0K
$230.00	Oct 2	1.95	2.80	$2.38	35.7%	1.6K	0.48	1.4K
$250.00	Oct 2	0.03	0.05	$0.04	50.0%	1.3K	0.01	1.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$230.00	Oct 2	2.32	3.15	$2.74	30.3%	1.9K	0.52	985
$225.00	Oct 2	0.69	0.88	$0.78	24.4%	1.3K	0.22	654
$220.00	Oct 2	0.15	0.21	$0.18	33.3%	922	0.06	2.4K
$227.50	Oct 2	1.35	1.65	$1.50	20.0%	730	0.36	213
$225.00	Oct 16	3.75	4.20	$3.98	11.3%	424	0.36	1.6K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 10 strikes (avg 22.6%, max 38.1%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$227.50	Oct 2	Oct 16	45.2%	32.7%	38.1%	751	1.1K
$232.50	Oct 2	Oct 16	46.5%	34.5%	34.8%	1.7K	1.2K
$230.00	Oct 2	Nov 6	48.0%	41.1%	16.9%	1.6K	1.5K
$235.00	Oct 2	Nov 6	50.1%	44.6%	12.4%	3.3K	1.8K
$225.00	Oct 2	Nov 6	46.2%	41.5%	11.4%	876	1.6K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$227.50	Oct 2	Oct 16	45.2%	32.7%	38.1%	749	429
$232.50	Oct 2	Oct 16	46.5%	34.5%	34.8%	96	335
$230.00	Oct 2	Nov 13	48.0%	41.1%	16.7%	1.9K	985
$225.00	Oct 2	Nov 6	46.2%	41.5%	11.4%	1.4K	672
$235.00	Oct 2	Nov 13	50.1%	45.1%	11.1%	57	114

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 147 found (best R:R 7.20, avg 5.91)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$255.00	$265.00	Nov 13	$1.22	$8.78	$1.22	25%	7.20	$256.22
$215.00	$220.00	Oct 23	$3.00	$2.00	$3.00	73%	0.67	$218.00
$240.00	$245.00	Nov 6	$1.42	$3.58	$1.42	40%	2.52	$241.42
$225.00	$230.00	Oct 30	$2.42	$2.58	$2.42	59%	1.07	$227.42
$225.00	$230.00	Oct 23	$2.42	$2.58	$2.42	59%	1.07	$227.42

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$190.00	$185.00	Oct 30	$0.16	$4.84	$0.16	7%	30.25	$189.84
$205.00	$200.00	Nov 6	$0.60	$4.40	$0.60	18%	7.33	$204.40
$245.00	$240.00	Oct 30	$3.08	$1.92	$3.08	66%	0.62	$241.92
$230.00	$227.50	Oct 9	$1.05	$1.45	$1.05	50%	1.38	$228.95
$212.50	$210.00	Oct 16	$0.17	$2.33	$0.17	12%	13.71	$212.33

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 111 found (best R:R 0.69, avg 0.29)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$272.50	$275.00	Oct 2	$1.02	$1.02	$1.48	91%	0.69	$273.52
$270.00	$275.00	Nov 6	$0.75	$0.75	$4.25	86%	0.18	$270.75
$265.00	$270.00	Oct 9	$0.30	$0.30	$4.70	94%	0.06	$265.30
$270.00	$275.00	Oct 9	$0.17	$0.17	$4.83	97%	0.04	$270.17
$250.00	$255.00	Nov 13	$1.45	$1.45	$3.55	70%	0.41	$251.45

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$220.00	$210.00	Nov 13	$3.40	$3.40	$6.60	64%	0.52	$216.60
$225.00	$220.00	Nov 6	$2.32	$2.32	$2.68	59%	0.87	$222.68
$210.00	$205.00	Nov 6	$1.33	$1.33	$3.67	77%	0.36	$208.67
$210.00	$200.00	Nov 13	$2.11	$2.11	$7.89	76%	0.27	$207.89
$195.00	$190.00	Oct 9	$0.40	$0.40	$4.60	95%	0.09	$194.60

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $2.20, cheapest $2.11)

CALLS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$230.00	Oct 2	Oct 9	$2.32	48.0%	35.4%
$232.50	Oct 2	Oct 9	$2.26	46.5%	35.7%
$227.50	Oct 2	Oct 9	$2.42	45.2%	35.0%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$230.00	Oct 2	Oct 9	$2.11	48.0%	35.4%
$232.50	Oct 2	Oct 9	$1.80	46.5%	35.7%
$227.50	Oct 2	Oct 9	$2.30	45.2%	35.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 65 found (cheapest 2.21% of stock, avg 7.67%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$227.50	Oct 2	$3.58	$1.50	$5.08	$222.42	$232.58	2.21%
$230.00	Oct 2	$2.38	$2.74	$5.12	$224.88	$235.12	2.23%
$232.50	Oct 2	$1.39	$4.38	$5.77	$226.73	$238.27	2.51%
$225.00	Oct 2	$5.43	$0.78	$6.21	$218.79	$231.21	2.70%
$235.00	Oct 2	$0.82	$6.38	$7.20	$227.80	$242.20	3.13%
$222.50	Oct 2	$7.60	$0.41	$8.01	$214.49	$230.51	3.49%
$237.50	Oct 2	$0.43	$8.35	$8.78	$228.72	$246.28	3.82%
$230.00	Oct 9	$4.70	$4.85	$9.55	$220.45	$239.55	4.16%
$227.50	Oct 9	$6.00	$3.80	$9.80	$217.70	$237.30	4.27%
$232.50	Oct 9	$3.65	$6.18	$9.83	$222.67	$242.33	4.28%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 0.27% of stock, avg 4.37%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$237.50	$220.00	Oct 2	$0.43	$0.18	$0.61	$219.39	$238.11
$237.50	$222.50	Oct 2	$0.43	$0.41	$0.84	$221.66	$238.34
$235.00	$220.00	Oct 2	$0.82	$0.18	$1.00	$219.00	$236.00
$272.50	$220.00	Oct 2	$1.07	$0.18	$1.25	$218.75	$273.75
$237.50	$225.00	Oct 2	$0.43	$0.78	$1.21	$223.79	$238.71
$235.00	$222.50	Oct 2	$0.82	$0.41	$1.23	$221.27	$236.23
$272.50	$222.50	Oct 2	$1.07	$0.41	$1.48	$221.02	$273.98
$235.00	$225.00	Oct 2	$0.82	$0.78	$1.60	$223.40	$236.60
$232.50	$220.00	Oct 2	$1.39	$0.18	$1.57	$218.43	$234.07
$272.50	$225.00	Oct 2	$1.07	$0.78	$1.85	$223.15	$274.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 262 found (best R:R 1.00, avg credit $1.22)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
220/222	272/275	Oct 2	$1.25	$1.25	78%	1.00	$221.25	$273.75
222/225	272/275	Oct 2	$1.39	$1.11	69%	1.25	$223.61	$273.89
205/210	270/275	Nov 6	$2.08	$2.92	63%	0.71	$207.92	$272.08
185/190	270/275	Nov 6	$1.23	$3.77	77%	0.33	$188.77	$271.23
190/195	255/258	Oct 9	$0.51	$4.49	91%	0.11	$194.49	$255.51
195/200	270/275	Nov 6	$1.46	$3.54	72%	0.41	$198.54	$271.46
210/215	270/275	Nov 6	$2.17	$2.83	57%	0.77	$212.83	$272.17
222/225	255/258	Oct 9	$0.95	$1.55	62%	0.61	$224.05	$255.95
215/220	270/275	Nov 6	$2.43	$2.57	51%	0.95	$217.57	$272.43
212/215	252/255	Oct 16	$0.64	$1.86	73%	0.34	$214.36	$253.14

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 142 found (best R:R 82.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$220.00	$225.00	$230.00	Nov 6	$0.12	$4.88	13%	40.67
$227.50	$230.00	$232.50	Oct 2	$0.21	$2.29	32%	10.90
$210.00	$215.00	$220.00	Oct 30	$0.10	$4.90	12%	49.00
$235.00	$240.00	$245.00	Oct 30	$0.15	$4.85	12%	32.33
$230.00	$232.50	$235.00	Oct 9	$0.07	$2.43	16%	34.71

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$220.00	$225.00	$230.00	Nov 6	$0.06	$4.94	13%	82.33
$235.00	$240.00	$245.00	Oct 30	$0.08	$4.92	12%	61.50
$205.00	$210.00	$215.00	Nov 6	$0.09	$4.91	11%	54.56
$245.00	$250.00	$255.00	Oct 16	$0.10	$4.90	10%	49.00
$235.00	$240.00	$245.00	Nov 13	$0.11	$4.89	11%	44.45

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 138 found (best net $-1.65, 127 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$230.00	$232.50	1:2	Oct 2	-$0.40	$2.10
$232.50	$235.00	1:2	Oct 2	-$0.25	$2.25
$235.00	$237.50	1:2	Oct 2	-$0.04	$2.46
$227.50	$230.00	1:2	Oct 2	-$1.18	$1.32
$237.50	$240.00	1:2	Oct 2	-$0.01	$2.49

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$220.00	$210.00	1:2	Nov 13	-$1.65	$8.35
$210.00	$200.00	1:2	Nov 13	-$0.83	$9.17
$230.00	$227.50	1:2	Oct 2	-$0.26	$2.24
$230.00	$220.00	1:2	Nov 13	-$3.47	$6.53
$227.50	$225.00	1:2	Oct 2	-$0.06	$2.44

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 64 found (best yield 4.16%, avg 1.47%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$235.00	Nov 6	$9.55	0.46	2.3%	4.16%	6.44%	3	14
$245.00	Nov 13	$6.45	0.36	6.6%	2.81%	9.44%	10	--
$240.00	Oct 30	$7.80	0.40	4.5%	3.39%	7.85%	31	169
$230.00	Nov 6	$11.70	0.52	0.1%	5.09%	5.20%	9	25
$235.00	Oct 30	$9.40	0.46	2.3%	4.09%	6.37%	10	464
$240.00	Nov 6	$7.65	0.40	4.5%	3.33%	7.79%	6	20
$230.00	Oct 30	$11.60	0.52	0.1%	5.05%	5.15%	45	275
$245.00	Nov 6	$6.15	0.35	6.6%	2.68%	9.31%	--	40
$250.00	Nov 13	$5.25	0.30	8.8%	2.28%	11.09%	1	--
$245.00	Oct 30	$5.95	0.34	6.6%	2.59%	9.22%	273	103

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 28,938

Total Puts 10,850

Put/Call Ratio 0.37

Net Difference 18,088

Prior's Put/Call Breakdown

Total Calls 25,204

Total Puts 3,297

Put/Call Ratio 0.13

Net Difference 21,907

Prior 7-Day Put/Call Summary

Total Calls 531,209

Total Puts 288,654

Average Put/Call Ratio 0.45

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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