Tour v472
IBM
IBM CORP
$221.74 -2.08%
$221.40 (-0.15%)🌙
as of 07/30 06:52 PM
7/30 18:52

Option Volume

Detail
Current (07/30) 50,077
Calls: 31,252 (62%)
Puts: 18,825 (38%)
Prior (07/29) 63,591
Calls: 44,693 (70%)
Puts: 18,898 (30%)
Current vs Prior -21.25%
Calls: -30.07% (Calls)
Puts: -0.39% (Puts)
Prior 7-Day Total 877,233
Calls: 597,128 (68%)
Puts: 280,105 (32%)
Prior 7-Day Average 125,319
Calls: 85,304 (68%)
Puts: 40,015 (32%)
Current vs Prior 7-Day Avg -60.04%
Calls: -63.36%
Puts: -52.96%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/30) $31.30M
Calls: $16.75M (54%)
Puts: $14.55M (46%)
Prior (07/29) $42.42M
Calls: $27.35M (64%)
Puts: $15.07M (36%)
Current vs Prior -26.20%
Calls: -38.74%
Puts: -3.47%
Prior 7-Day Total $553.20M
Calls: $294.47M (53%)
Puts: $258.74M (47%)
Prior 7-Day Average $79.03M
Calls: $42.07M (53%)
Puts: $36.96M (47%)
Current vs Prior 7-Day Avg -60.39%
Calls: -60.17%
Puts: -60.64%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/30) 0.60
Prior (07/29) 0.42
Current vs Prior +42.46%
Prior 7-Day Average 0.46
Current vs Prior 7-Day Avg +31.34%
Sentiment BULLISH

Open Interest

Detail
Current (07/30) 522,121
Calls: 317,183 (61%)
Puts: 204,938 (39%)
Prior (07/29) 499,611
Calls: 292,743 (59%)
Puts: 206,868 (41%)
Current vs Prior +4.51%
Prior 7-Day Total 4,355,241
Calls: 2,579,822 (59%)
Puts: 1,775,419 (41%)
Prior 7-Day Average 622,177
Calls: 368,546 (59%)
Puts: 253,631 (41%)
Current vs Prior 7-Day Avg -16.08%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 2.50% | 5.31%8.36% | 12.98%
Prior 3.52% | 5.91%8.99% | 13.51%
Current vs Prior -29.10% | -10.09%-7.01% | -3.95%
Prior 7-Day Avg 4.94% | 7.06%10.21% | 14.50%
Current vs 7-Day Avg -49.47% | -24.77%-18.16% | -10.51%
Prior 7-Day Eod 3.52% | 5.91%8.99% | 13.51%
Current vs 7-Day Eod -29.10% | -10.09%-7.01% | -3.95%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 20.09% | 26.45%
Calls: 19.28% | 21.43%
Puts: 20.90% | 31.46%
Prior 20.09% | 26.45%
Calls: 19.28% | 21.43%
Puts: 20.90% | 31.46%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 16.16% | 20.68%
Calls: 15.09% | 17.11%
Puts: 17.23% | 24.24%
Current vs 7-Day Avg +24.34% | +27.88%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Bullish P/C ratio of 0.60. P/C ratio rising 42% - increased hedging/bearish positioning. Call-heavy open interest (317,183 calls vs 204,938 puts) suggests bullish 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

📈 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

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 29 of results (avg 8.4%, best 5.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$215.00Aug 2111.4012.25$11.837.2%420.622.2K
$200.00Aug 2822.8024.70$23.758.0%10.83140
$220.00Aug 75.956.50$6.238.8%1510.56627
$225.00Aug 73.704.05$3.889.0%3050.41639
$177.50Jul 3142.2046.25$44.239.2%120.9318
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$255.00Aug 2134.5036.60$35.555.9%10.90--
$250.00Aug 2130.1032.00$31.056.1%270.87962
$260.00Aug 2138.7541.40$40.086.6%50.93--
$225.00Aug 2110.8511.60$11.236.7%70.56507
$210.00Aug 214.104.40$4.257.1%1240.294.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.51, cheapest $0.27)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Aug 70.240.29$0.2718.5%2180.041.6K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Aug 210.670.80$0.7417.6%1220.074.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 80 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Jul 3139.6543.75$41.709.8%131.0046
$195.00Jul 3125.5528.10$26.839.5%101.0058
$197.50Jul 3123.0525.65$24.3510.7%101.0055
$200.00Jul 3120.5523.15$21.8511.9%31.00--
$205.00Jul 3115.9017.45$16.689.3%60.99359
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Jul 3117.0519.50$18.2713.4%601.00--
$245.00Jul 3122.0524.55$23.3010.7%331.00--
$250.00Jul 3127.1029.35$28.238.0%21.00--
$250.00Aug 727.0029.60$28.309.2%20.9547
$235.00Jul 3112.1514.50$13.3317.6%10.95--

Most actively traded options today. High liquidity = easy entry/exit. 248 active (total vol 30.8K, top 2.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Jul 310.210.27$0.2425.0%2.7K0.093.2K
$225.00Jul 310.701.02$0.8637.2%1.6K0.273.3K
$237.50Jul 310.010.07$0.04150.0%9960.021.6K
$220.00Jul 312.883.25$3.0712.1%8680.642.6K
$250.00Aug 211.251.40$1.3311.3%8240.127.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Jul 311.171.48$1.3323.3%9580.36545
$215.00Aug 72.172.50$2.3414.1%9260.29315
$220.00Aug 74.054.60$4.3212.7%6800.44473
$210.00Aug 71.101.28$1.1915.1%5930.17385
$205.00Aug 70.440.66$0.5540.0%5720.09304

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 53 strikes (avg 70.6%, max 221.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$260.00Jul 31Aug 28136.0%42.3%221.3%32723
$242.50Jul 31Aug 14103.5%42.4%144.3%74337
$265.00Jul 31Sep 4117.3%48.8%140.2%311.0K
$255.00Jul 31Sep 494.1%42.6%120.9%125554
$195.00Jul 31Aug 2188.4%41.4%113.6%14164
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Jul 31Sep 4137.9%48.4%184.9%6766
$185.00Jul 31Sep 4121.1%44.8%170.4%1979
$190.00Jul 31Sep 4104.6%40.8%156.7%311.4K
$187.50Jul 31Aug 7112.8%46.5%142.5%5--
$192.50Jul 31Aug 1496.5%43.0%124.4%62535

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 145 found (best R:R 70.43, avg 7.11)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$255.00$265.00Sep 4$0.14$9.86$0.1470.43$255.14
$255.00$260.00Aug 28$0.13$4.87$0.1337.46$255.13
$260.00$265.00Aug 21$0.17$4.83$0.1728.41$260.17
$260.00$265.00Aug 28$0.20$4.80$0.2024.00$260.20
$255.00$260.00Aug 14$0.23$4.77$0.2320.74$255.23
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$190.00$185.00Aug 14$0.12$4.88$0.1240.67$189.88
$190.00$185.00Sep 4$0.14$4.86$0.1434.71$189.86
$185.00$180.00Aug 21$0.16$4.84$0.1630.25$184.84
$185.00$180.00Sep 4$0.17$4.83$0.1728.41$184.83
$185.00$180.00Aug 28$0.19$4.81$0.1925.32$184.81

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 185 found (best R:R 114.38, avg 2.11)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$180.00$195.00Jul 31$14.87$14.87$0.13114.38$194.87
$200.00$202.50Aug 7$2.37$2.37$0.1318.23$202.37
$205.00$207.50Jul 31$2.30$2.30$0.2011.50$207.30
$212.50$215.00Jul 31$2.28$2.28$0.2210.36$214.78
$195.00$200.00Aug 21$4.55$4.55$0.4510.11$199.55
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$250.00$240.00Aug 21$9.32$9.32$0.6813.71$240.68
$260.00$255.00Aug 21$4.53$4.53$0.479.64$255.47
$255.00$250.00Aug 21$4.50$4.50$0.509.00$250.50
$245.00$240.00Aug 7$4.46$4.46$0.548.26$240.54
$240.00$235.00Aug 7$4.44$4.44$0.567.93$235.56

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 49 found (avg debit $1.19, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$260.00Jul 31Aug 7$0.10136.0%54.1%
$265.00Jul 31Aug 7$0.13117.3%58.8%
$255.00Jul 31Aug 7$0.1794.1%49.8%
$250.00Jul 31Aug 7$0.2681.9%47.1%
$247.50Jul 31Aug 7$0.3084.4%45.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$195.00Jul 31Aug 7$0.0788.4%40.6%
$250.00Jul 31Aug 7$0.0781.9%47.1%
$192.50Jul 31Aug 7$0.0896.5%45.0%
$197.50Jul 31Aug 7$0.1080.4%39.3%
$190.00Jul 31Aug 7$0.13104.6%52.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 80 found (cheapest 1.91% of stock, avg 8.64%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$222.50Jul 31$1.77$2.47$4.24$218.26$226.741.91%
$220.00Jul 31$3.07$1.33$4.40$215.60$224.401.98%
$225.00Jul 31$0.86$4.20$5.06$219.94$230.062.28%
$217.50Jul 31$4.88$0.57$5.45$212.05$222.952.46%
$227.50Jul 31$0.46$6.07$6.53$220.97$234.032.94%
$215.00Jul 31$7.15$0.27$7.42$207.58$222.423.35%
$230.00Jul 31$0.24$8.50$8.74$221.26$238.743.94%
$212.50Jul 31$9.43$0.20$9.63$202.87$222.134.34%
$222.50Aug 7$4.65$5.55$10.20$212.30$232.704.60%
$225.00Aug 7$3.88$6.65$10.53$214.47$235.534.75%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 0.16% of stock, avg 4.19%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$232.50$212.50Jul 31$0.15$0.20$0.35$212.15$232.85
$232.50$215.00Jul 31$0.15$0.27$0.42$214.58$232.92
$230.00$212.50Jul 31$0.24$0.20$0.44$212.06$230.44
$230.00$215.00Jul 31$0.24$0.27$0.51$214.49$230.51
$227.50$212.50Jul 31$0.46$0.20$0.66$211.84$228.16
$232.50$217.50Jul 31$0.15$0.57$0.72$216.78$233.22
$227.50$215.00Jul 31$0.46$0.27$0.73$214.27$228.23
$230.00$217.50Jul 31$0.24$0.57$0.81$216.69$230.81
$227.50$217.50Jul 31$0.46$0.57$1.03$216.47$228.53
$225.00$212.50Jul 31$0.86$0.20$1.06$211.44$226.06

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 373 found (best R:R 26.78, avg credit $2.35)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
185/190195/200Aug 21$4.82$0.1826.78$185.18$199.82
198/200205/208Aug 21$2.40$0.1024.00$197.60$207.40
195/198208/210Aug 21$2.37$0.1318.23$195.13$209.87
200/205210/215Aug 28$4.73$0.2717.52$200.27$214.73
180/185195/200Aug 21$4.71$0.2916.24$180.29$199.71
205/208210/212Aug 21$2.35$0.1515.67$205.15$212.35
220/225240/245Aug 28$4.66$0.3413.71$220.34$244.66
205/208218/220Aug 21$2.32$0.1812.89$205.18$219.82
198/200210/212Aug 7$2.30$0.2011.50$197.70$212.30
200/202210/212Aug 7$2.30$0.2011.50$200.20$212.30

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 112 found (best R:R 70.43, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$255.00$260.00Aug 14$0.07$4.9370.43
$235.00$237.50$240.00Jul 31$0.05$2.4549.00
$245.00$250.00$255.00Aug 21$0.10$4.9049.00
$240.00$242.50$245.00Aug 7$0.06$2.4440.67
$205.00$210.00$215.00Aug 28$0.13$4.8737.46
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$205.00$210.00$215.00Sep 11$0.07$4.9370.43
$200.00$205.00$210.00Aug 28$0.09$4.9154.56
$200.00$205.00$210.00Sep 4$0.09$4.9154.56
$180.00$185.00$190.00Aug 21$0.11$4.8944.45
$210.00$212.50$215.00Aug 7$0.07$2.4334.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 139 found (best net $-2.65, 123 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$255.00$265.001:2Sep 4-$1.92$8.08
$225.00$235.001:2Sep 11-$4.28$5.72
$260.00$265.001:2Aug 7-$0.12$4.88
$250.00$255.001:2Aug 14-$0.14$4.86
$255.00$260.001:2Aug 21-$0.21$4.79
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$240.00$225.001:2Aug 28-$2.65$12.35
$205.00$195.001:2Sep 11-$0.56$9.44
$255.00$240.001:2Aug 28-$9.90$5.10
$185.00$180.001:2Jul 31-$0.01$4.99
$185.00$180.001:2Aug 7-$0.08$4.92

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 62 found (best yield 3.99%, avg 1.21%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$225.00Sep 4$8.850.461.5%3.99%5.46%24315
$225.00Sep 11$8.500.471.5%3.83%5.30%3--
$222.50Aug 21$7.450.480.3%3.36%3.70%55148
$225.00Aug 28$7.300.451.5%3.29%4.76%37685
$230.00Sep 4$7.200.403.7%3.25%6.97%8318
$225.00Aug 21$6.250.431.5%2.82%4.29%901.5K
$230.00Aug 28$6.200.393.7%2.80%6.52%104338
$235.00Sep 11$6.000.366.0%2.71%8.69%21--
$222.50Aug 14$5.600.470.3%2.53%2.87%7411
$235.00Sep 4$5.200.346.0%2.35%8.33%427

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 31,252
Total Puts 18,825
Put/Call Ratio 0.60
Net Difference 12,427

Prior's Put/Call Breakdown

Total Calls 44,693
Total Puts 18,898
Put/Call Ratio 0.42
Net Difference 25,795

Prior 7-Day Put/Call Summary

Total Calls 597,128
Total Puts 280,105
Average Put/Call Ratio 0.46
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...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All