IBM - Options Database

IBM

IBM CORP

$223.65 +0.86%

$222.58 (-0.48%)🌙

as of 07/31 06:42 PM

(7/30 18:52) ◀

Friday, July 31, 2026 (6:42pm)

▶ (8/3 09:35)

◀ 7/31 18:42 ▶

Option Volume

Detail

ℹ

Current (07/31) 64,550

Calls: 42,483 (66%)

Puts: 22,067 (34%)

Prior (07/30) 50,077

Calls: 31,252 (62%)

Puts: 18,825 (38%)

Current vs Prior +28.90%

Calls: +35.94% (Calls)

Puts: +17.22% (Puts)

Prior 7-Day Total 837,176

Calls: 562,779 (67%)

Puts: 274,397 (33%)

Prior 7-Day Average 119,596

Calls: 80,397 (67%)

Puts: 39,199 (33%)

Current vs Prior 7-Day Avg -46.03%

Calls: -47.16%

Puts: -43.71%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/31) $36.67M

Calls: $23.83M (65%)

Puts: $12.84M (35%)

Prior (07/30) $31.30M

Calls: $16.75M (54%)

Puts: $14.55M (46%)

Current vs Prior +17.16%

Calls: +42.25%

Puts: -11.74%

Prior 7-Day Total $531.44M

Calls: $278.79M (52%)

Puts: $252.65M (48%)

Prior 7-Day Average $75.92M

Calls: $39.83M (52%)

Puts: $36.09M (48%)

Current vs Prior 7-Day Avg -51.70%

Calls: -40.16%

Puts: -64.43%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/31) 0.52

Prior (07/30) 0.60

Current vs Prior -13.77%

Prior 7-Day Average 0.49

Current vs Prior 7-Day Avg +5.72%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/31) 530,064

Calls: 324,417 (61%)

Puts: 205,647 (39%)

Prior (07/30) 522,121

Calls: 317,183 (61%)

Puts: 204,938 (39%)

Current vs Prior +1.52%

Prior 7-Day Total 4,167,052

Calls: 2,497,947 (60%)

Puts: 1,669,105 (40%)

Prior 7-Day Average 595,293

Calls: 356,849 (60%)

Puts: 238,443 (40%)

Current vs Prior 7-Day Avg -10.96%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)

Current 1.11% | 4.90%8.41% | 13.16%

Prior 2.50% | 5.31%8.36% | 12.98%

Current vs Prior +95.97% | +31.55%+0.70% | +1.39%

Prior 7-Day Avg 4.32% | 6.61%9.76% | 14.14%

Current vs 7-Day Avg +13.41% | +5.72%-13.79% | -6.91%

Prior 7-Day Eod 2.50% | 5.31%8.36% | 12.98%

Current vs 7-Day Eod +95.97% | +31.55%+0.70% | +1.39%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

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 17.85% | 23.74%

Calls: 16.82% | 19.41%

Puts: 18.87% | 28.06%

Current vs 7-Day Avg +12.56% | +11.40%

Liquidity Expensive

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Moderately bullish flow with 65% call dollar volume ($23.83M). Bullish P/C ratio of 0.52. Call-heavy open interest (324,417 calls vs 205,647 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

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 40 of results (avg 7.9%, best 5.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$225.00	Aug 7	4.35	4.60	$4.47	5.6%	710	0.48	802
$180.00	Jul 31	43.15	45.90	$44.53	6.2%	14	1.00	51
$180.00	Aug 7	43.30	46.10	$44.70	6.3%	1	1.00	10
$220.00	Aug 21	9.90	10.55	$10.23	6.4%	539	0.57	7.3K
$182.50	Jul 31	40.60	43.30	$41.95	6.4%	12	1.00	17

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$265.00	Aug 21	41.50	43.65	$42.58	5.0%	4	0.94	675
$250.00	Aug 21	28.00	29.65	$28.83	5.7%	10	0.86	--
$255.00	Aug 21	32.05	34.20	$33.13	6.5%	3	0.89	691
$265.00	Aug 7	39.20	42.20	$40.70	7.4%	3	1.00	--
$260.00	Aug 21	36.10	38.90	$37.50	7.5%	42	0.92	778

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.55, cheapest $0.12)

CALLS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$260.00	Aug 7	0.11	0.12	$0.12	8.3%	280	0.02	696
$250.00	Aug 7	0.26	0.28	$0.27	7.4%	519	0.05	1.7K
$245.00	Aug 7	0.40	0.47	$0.44	15.9%	838	0.07	726
$240.00	Aug 7	0.71	0.85	$0.78	17.9%	658	0.12	2.1K

PUTS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$190.00	Aug 21	0.55	0.65	$0.60	16.7%	119	0.06	4.6K
$210.00	Aug 7	0.65	0.77	$0.71	16.9%	336	0.12	854
$195.00	Aug 21	0.85	1.01	$0.93	17.2%	118	0.09	3.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 95 found (avg delta 0.81, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Jul 31	43.15	45.90	$44.53	6.2%	14	1.00	51
$182.50	Jul 31	40.60	43.30	$41.95	6.4%	12	1.00	17
$185.00	Jul 31	38.10	40.65	$39.38	6.5%	2	1.00	--
$187.50	Jul 31	35.60	38.40	$37.00	7.6%	2	1.00	--
$190.00	Jul 31	33.15	35.70	$34.42	7.4%	4	1.00	51

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$225.00	Jul 31	0.01	1.61	$0.81	197.5%	34	1.00	579
$227.50	Jul 31	2.38	4.35	$3.37	58.5%	56	1.00	695
$230.00	Jul 31	4.25	6.85	$5.55	46.8%	34	1.00	136
$235.00	Jul 31	9.50	11.85	$10.68	22.0%	2	1.00	10
$240.00	Jul 31	14.30	16.85	$15.58	16.4%	1	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 268 active (total vol 43.3K, top 3.6K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$222.50	Jul 31	1.05	2.31	$1.68	75.0%	3.6K	0.82	808
$225.00	Jul 31	0.00	0.04	$0.02	200.0%	3.3K	0.07	3.4K
$220.00	Jul 31	3.40	4.50	$3.95	27.8%	2.0K	0.99	2.6K
$230.00	Jul 31	0.00	0.01	$0.01	100.0%	1.5K	0.01	3.3K
$230.00	Aug 21	5.55	6.20	$5.88	11.1%	1.3K	0.39	4.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$215.00	Jul 31	0.00	0.01	$0.01	100.0%	1.5K	0.00	1.9K
$217.50	Jul 31	0.00	0.01	$0.01	100.0%	1.3K	0.01	411
$207.50	Aug 7	0.42	0.62	$0.52	38.5%	1.1K	0.09	336
$220.00	Jul 31	0.00	0.01	$0.01	100.0%	856	0.01	698
$200.00	Aug 7	0.12	0.21	$0.16	56.2%	485	0.03	1.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 52 strikes (avg 811.8%, max 1853.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$180.00	Jul 31	Aug 21	957.0%	49.0%	1853.4%	18	51
$190.00	Jul 31	Sep 4	736.8%	43.6%	1589.3%	7	51
$202.50	Jul 31	Aug 7	713.8%	42.4%	1583.4%	32	169
$265.00	Jul 31	Sep 11	738.2%	45.1%	1537.1%	12	1.0K
$260.00	Jul 31	Sep 11	661.8%	43.1%	1435.3%	13	--

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$180.00	Jul 31	Sep 4	957.0%	50.4%	1798.2%	4	5
$185.00	Jul 31	Sep 4	845.9%	46.4%	1722.0%	15	998
$202.50	Jul 31	Aug 21	713.8%	41.2%	1631.8%	306	1.6K
$190.00	Jul 31	Sep 11	736.8%	46.3%	1492.7%	57	1.3K
$182.50	Jul 31	Aug 7	901.2%	57.8%	1460.4%	14	366

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 143 found (best R:R 40.67, avg 6.12)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$260.00	$265.00	Sep 4	$0.22	$4.78	$0.22	21.73	$260.22
$255.00	$257.50	Aug 14	$0.12	$2.38	$0.12	19.83	$255.12
$260.00	$265.00	Sep 11	$0.25	$4.75	$0.25	19.00	$260.25
$242.50	$245.00	Aug 7	$0.14	$2.36	$0.14	16.86	$242.64
$245.00	$247.50	Aug 7	$0.14	$2.36	$0.14	16.86	$245.14

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$185.00	$180.00	Sep 4	$0.12	$4.88	$0.12	40.67	$184.88
$190.00	$185.00	Aug 21	$0.19	$4.81	$0.19	25.32	$189.81
$195.00	$190.00	Sep 11	$0.19	$4.81	$0.19	25.32	$194.81
$190.00	$185.00	Aug 7	$0.20	$4.80	$0.20	24.00	$189.80
$185.00	$180.00	Aug 14	$0.20	$4.80	$0.20	24.00	$184.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 187 found (best R:R 49.00, avg 2.40)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$190.00	$195.00	Aug 21	$4.82	$4.82	$0.18	26.78	$194.82
$185.00	$187.50	Jul 31	$2.38	$2.38	$0.12	19.83	$187.38
$212.50	$215.00	Aug 7	$2.37	$2.37	$0.13	18.23	$214.87
$180.00	$190.00	Aug 21	$9.43	$9.43	$0.57	16.54	$189.43
$202.50	$205.00	Aug 7	$2.31	$2.31	$0.19	12.16	$204.81

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$250.00	$245.00	Aug 21	$4.90	$4.90	$0.10	49.00	$245.10
$265.00	$242.50	Aug 7	$22.03	$22.03	$0.47	46.87	$242.97
$250.00	$240.00	Aug 14	$9.33	$9.33	$0.67	13.93	$240.67
$242.50	$240.00	Aug 7	$2.19	$2.19	$0.31	7.06	$240.31
$260.00	$255.00	Aug 21	$4.37	$4.37	$0.63	6.94	$255.63

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 52 found (avg debit $1.35, cheapest $0.07)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$260.00	Jul 31	Aug 7	$0.11	661.8%	51.8%
$265.00	Jul 31	Aug 7	$0.15	738.2%	60.2%
$180.00	Jul 31	Aug 7	$0.17	957.0%	61.3%
$255.00	Jul 31	Aug 7	$0.17	583.1%	49.3%
$250.00	Jul 31	Aug 7	$0.26	501.7%	46.5%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$192.50	Jul 31	Aug 7	$0.07	682.9%	51.1%
$202.50	Jul 31	Aug 7	$0.07	713.8%	42.4%
$197.50	Jul 31	Aug 7	$0.08	576.4%	43.9%
$195.00	Jul 31	Aug 7	$0.09	629.5%	48.9%
$200.00	Jul 31	Aug 7	$0.15	523.7%	44.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 91 found (cheapest 0.37% of stock, avg 9.59%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$225.00	Jul 31	$0.02	$0.81	$0.83	$224.17	$225.83	0.37%
$222.50	Jul 31	$1.68	$0.18	$1.86	$220.64	$224.36	0.83%
$227.50	Jul 31	$0.01	$3.37	$3.38	$224.12	$230.88	1.51%
$220.00	Jul 31	$3.95	$0.01	$3.96	$216.04	$223.96	1.77%
$230.00	Jul 31	$0.01	$5.55	$5.56	$224.44	$235.56	2.49%
$217.50	Jul 31	$7.00	$0.01	$7.01	$210.49	$224.51	3.13%
$215.00	Jul 31	$9.07	$0.01	$9.08	$205.92	$224.08	4.06%
$222.50	Aug 7	$5.70	$4.00	$9.70	$212.80	$232.20	4.34%
$225.00	Aug 7	$4.47	$5.25	$9.72	$215.28	$234.72	4.35%
$220.00	Aug 7	$7.10	$3.04	$10.14	$209.86	$230.14	4.53%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 151 found (cheapest 0.09% of stock, avg 4.41%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$225.00	$222.50	Jul 31	$0.02	$0.18	$0.20	$222.30	$225.20
$235.00	$212.50	Aug 7	$1.46	$1.03	$2.49	$210.01	$237.49
$235.00	$215.00	Aug 7	$1.46	$1.51	$2.97	$212.03	$237.97
$232.50	$212.50	Aug 7	$2.00	$1.03	$3.03	$209.47	$235.53
$232.50	$215.00	Aug 7	$2.00	$1.51	$3.51	$211.49	$236.01
$230.00	$212.50	Aug 7	$2.62	$1.03	$3.65	$208.85	$233.65
$235.00	$217.50	Aug 7	$1.46	$2.20	$3.66	$213.84	$238.66
$230.00	$215.00	Aug 7	$2.62	$1.51	$4.13	$210.87	$234.13
$232.50	$217.50	Aug 7	$2.00	$2.20	$4.20	$213.30	$236.70
$235.00	$220.00	Aug 7	$1.46	$3.04	$4.50	$215.50	$239.50

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 326 found (best R:R 26.78, avg credit $2.68)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
190/192	195/200	Aug 21	$4.82	$0.18	26.78	$187.68	$199.82
202/205	208/210	Aug 21	$2.40	$0.10	24.00	$202.60	$209.90
185/190	195/200	Aug 21	$4.79	$0.21	22.81	$185.21	$199.79
195/198	200/205	Aug 21	$4.74	$0.26	18.23	$192.76	$204.74
185/190	200/205	Aug 28	$4.73	$0.27	17.52	$185.27	$204.73
198/200	205/210	Aug 14	$4.69	$0.31	15.13	$195.31	$209.69
200/202	205/210	Aug 14	$4.69	$0.31	15.13	$197.81	$209.69
192/195	210/212	Aug 14	$2.34	$0.16	14.63	$192.66	$212.34
190/192	200/205	Aug 21	$4.68	$0.32	14.62	$187.82	$204.68
205/208	210/212	Aug 21	$2.33	$0.17	13.71	$205.17	$212.33

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 134 found (best R:R 70.43, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$255.00	$260.00	$265.00	Aug 21	$0.07	$4.93	70.43
$230.00	$235.00	$240.00	Aug 28	$0.09	$4.91	54.56
$255.00	$260.00	$265.00	Aug 28	$0.09	$4.91	54.56
$240.00	$245.00	$250.00	Aug 21	$0.10	$4.90	49.00
$250.00	$255.00	$260.00	Aug 28	$0.10	$4.90	49.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$250.00	$255.00	$260.00	Aug 21	$0.07	$4.93	70.43
$190.00	$195.00	$200.00	Aug 28	$0.07	$4.93	70.43
$212.50	$215.00	$217.50	Aug 14	$0.05	$2.45	49.00
$195.00	$197.50	$200.00	Aug 21	$0.05	$2.45	49.00
$225.00	$227.50	$230.00	Aug 21	$0.05	$2.45	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. 153 found (best net $-0.97, 140 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$225.00	$240.00	1:2	Sep 11	-$0.97	$14.03
$250.00	$255.00	1:2	Jul 31	-$0.01	$4.99
$260.00	$265.00	1:2	Jul 31	-$0.01	$4.99
$260.00	$265.00	1:2	Aug 14	-$0.17	$4.83
$260.00	$265.00	1:2	Aug 21	-$0.19	$4.81

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$230.00	$220.00	1:2	Aug 28	-$2.97	$7.03
$190.00	$185.00	1:2	Jul 31	-$0.01	$4.99
$190.00	$185.00	1:2	Aug 14	-$0.20	$4.80
$190.00	$185.00	1:2	Aug 21	-$0.22	$4.78
$185.00	$180.00	1:2	Aug 21	-$0.25	$4.75

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 59 found (best yield 4.76%, avg 1.39%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$225.00	Sep 11	$10.65	0.50	0.6%	4.76%	5.37%	6	--
$225.00	Sep 4	$9.80	0.50	0.6%	4.38%	4.99%	173	327
$225.00	Aug 28	$8.80	0.48	0.6%	3.93%	4.54%	45	691
$230.00	Sep 4	$7.70	0.43	2.8%	3.44%	6.28%	160	323
$225.00	Aug 21	$7.20	0.48	0.6%	3.22%	3.82%	51	1.5K
$230.00	Aug 28	$6.80	0.41	2.8%	3.04%	5.88%	58	351
$227.50	Aug 21	$6.45	0.43	1.7%	2.88%	4.61%	76	453
$235.00	Sep 4	$5.90	0.37	5.1%	2.64%	7.71%	5	29
$225.00	Aug 14	$5.85	0.47	0.6%	2.62%	3.22%	59	305
$230.00	Aug 21	$5.55	0.39	2.8%	2.48%	5.32%	1.3K	4.8K

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 42,483

Total Puts 22,067

Put/Call Ratio 0.52

Net Difference 20,416

Prior's Put/Call Breakdown

Total Calls 31,252

Total Puts 18,825

Put/Call Ratio 0.60

Net Difference 12,427

Prior 7-Day Put/Call Summary

Total Calls 562,779

Total Puts 274,397

Average Put/Call Ratio 0.49

Ratio Trend Falling

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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