IBM - Options Database

IBM

IBM CORP

$253.44 -0.05%

$252.60 (-0.33%)🌙

as of 10/26 06:32 PM

(10/23 18:30) ◀

Monday, October 26, 2026 (6:32pm)

▶ (10/27 18:32)

◀ 10/26 18:32 ▶

Option Volume

Detail

ℹ

Current (10/26) 31,149

Calls: 21,254 (68%)

Puts: 9,895 (32%)

Prior (10/23) 77,802

Calls: 50,924 (65%)

Puts: 26,878 (35%)

Current vs Prior -59.96%

Calls: -58.26% (Calls)

Puts: -63.19% (Puts)

Prior 7-Day Total 379,719

Calls: 233,741 (62%)

Puts: 145,978 (38%)

Prior 7-Day Average 54,245

Calls: 33,391 (62%)

Puts: 20,854 (38%)

Current vs Prior 7-Day Avg -42.58%

Calls: -36.35%

Puts: -52.55%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/26) $20.34M

Calls: $15.32M (75%)

Puts: $5.02M (25%)

Prior (10/23) $38.67M

Calls: $29.80M (77%)

Puts: $8.87M (23%)

Current vs Prior -47.40%

Calls: -48.59%

Puts: -43.41%

Prior 7-Day Total $217.33M

Calls: $154.29M (71%)

Puts: $63.04M (29%)

Prior 7-Day Average $31.05M

Calls: $22.04M (71%)

Puts: $9.01M (29%)

Current vs Prior 7-Day Avg -34.49%

Calls: -30.48%

Puts: -44.29%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/26) 0.47

Prior (10/23) 0.53

Current vs Prior -11.79%

Prior 7-Day Average 0.67

Current vs Prior 7-Day Avg -30.65%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/26) 339,349

Calls: 202,606 (60%)

Puts: 136,743 (40%)

Prior (10/23) 426,987

Calls: 251,900 (59%)

Puts: 175,087 (41%)

Current vs Prior -20.52%

Prior 7-Day Total 2,932,237

Calls: 1,704,911 (58%)

Puts: 1,227,326 (42%)

Prior 7-Day Average 418,891

Calls: 243,558 (58%)

Puts: 175,332 (42%)

Current vs Prior 7-Day Avg -18.99%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (10/30) | Next (11/06)Expiry (11/20) | Next (12/18)

Current 3.93% | 5.63%7.73% | 11.16%

Prior 4.61% | 5.97%8.36% | 11.76%

Current vs Prior -14.69% | -5.83%-7.50% | -5.15%

Prior 7-Day Avg 5.37% | 7.73%6.54% | 12.24%

Current vs 7-Day Avg -26.80% | -27.25%+18.30% | -8.81%

Prior 7-Day Eod 4.61% | 5.97%8.36% | 11.76%

Current vs 7-Day Eod -14.69% | -5.83%-7.50% | -5.15%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 4.99% | 8.08%

Calls: 3.23% | 8.53%

Puts: 6.74% | 7.64%

Prior 4.99% | 8.08%

Calls: 3.23% | 8.53%

Puts: 6.74% | 7.64%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 15.58% | 10.32%

Calls: 13.14% | 8.82%

Puts: 18.02% | 11.81%

Current vs 7-Day Avg -67.97% | -21.67%

Liquidity Acceptable

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🤖 AI Insights

Strong bullish conviction with 75% of dollar volume in calls ($15.32M) vs puts ($5.02M). Below-average activity with volume down 60% vs prior. Extreme bullish P/C ratio of 0.47 - heavy call buying (21,254 calls vs 9,895 puts). Declining open interest (down 21%) indicates positions being closed.

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

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Tightest Spreads

💰

Best Value <$1

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High Delta

⚖️

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 26 of results (avg 7.7%, best 4.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Nov 20	42.65	44.50	$43.58	4.2%	8	1.00	398
$257.50	Oct 30	2.45	2.56	$2.51	4.4%	965	0.35	439
$230.00	Oct 30	23.05	24.30	$23.68	5.3%	5	0.97	--
$212.50	Oct 30	39.60	42.20	$40.90	6.4%	4	0.99	25
$222.50	Oct 30	29.55	31.55	$30.55	6.5%	1	0.98	--

PUTS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$300.00	Oct 30	45.50	48.85	$47.18	7.1%	24	1.00	--
$297.50	Oct 30	42.95	46.35	$44.65	7.6%	24	1.00	--
$252.50	Oct 30	3.55	3.85	$3.70	8.1%	213	0.47	122

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.52, cheapest $0.20)

CALLS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$275.00	Oct 30	0.18	0.21	$0.20	15.0%	690	0.04	668
$265.00	Oct 30	0.74	0.84	$0.79	12.7%	2.3K	0.15	2.1K
$300.00	Nov 20	0.35	0.40	$0.38	13.2%	121	0.04	3.0K
$290.00	Nov 20	0.64	0.77	$0.71	18.3%	50	0.07	938

PUTS (0)

No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 72 found (avg delta 0.79, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Oct 30	41.60	44.70	$43.15	7.2%	4	1.00	34
$205.00	Nov 20	46.70	50.00	$48.35	6.8%	1	1.00	--
$210.00	Nov 20	42.65	44.50	$43.58	4.2%	8	1.00	398
$215.00	Nov 20	37.35	40.15	$38.75	7.2%	6	1.00	442
$205.00	Oct 30	46.40	49.65	$48.03	6.8%	4	0.99	8

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$297.50	Oct 30	42.95	46.35	$44.65	7.6%	24	1.00	--
$300.00	Oct 30	45.50	48.85	$47.18	7.1%	24	1.00	--
$270.00	Oct 30	16.15	19.15	$17.65	17.0%	2	0.96	18
$267.50	Oct 30	13.60	16.25	$14.93	17.7%	2	0.93	--
$265.00	Oct 30	11.55	14.10	$12.83	19.9%	5	0.88	4

Most actively traded options today. High liquidity = easy entry/exit. 231 active (total vol 21.6K, top 2.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$265.00	Oct 30	0.74	0.84	$0.79	12.7%	2.3K	0.15	2.1K
$260.00	Oct 30	1.61	1.85	$1.73	13.9%	1.8K	0.27	2.4K
$257.50	Oct 30	2.45	2.56	$2.51	4.4%	965	0.35	439
$265.00	Nov 20	3.90	4.30	$4.10	9.8%	725	0.30	1.1K
$275.00	Oct 30	0.18	0.21	$0.20	15.0%	690	0.04	668

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$235.00	Nov 20	2.69	3.15	$2.92	15.8%	818	0.21	1.8K
$240.00	Oct 30	0.51	0.66	$0.59	25.4%	504	0.11	520
$240.00	Nov 6	1.58	2.25	$1.92	34.9%	358	0.20	83
$220.00	Nov 20	0.73	0.91	$0.82	22.0%	357	0.07	2.0K
$242.50	Oct 30	0.79	1.03	$0.91	26.4%	337	0.16	217

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 15 strikes (avg 19.5%, max 24.1%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$245.00	Oct 30	Dec 4	40.5%	32.7%	24.1%	50	1.1K
$260.00	Oct 30	Dec 4	40.9%	33.4%	22.6%	1.8K	2.4K
$247.50	Oct 30	Nov 20	41.8%	34.2%	22.3%	31	395
$250.00	Oct 30	Dec 4	39.3%	32.2%	22.3%	112	1.6K
$262.50	Oct 30	Nov 6	40.8%	33.7%	21.3%	690	159

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$245.00	Oct 30	Dec 4	40.5%	32.7%	24.1%	213	554
$260.00	Oct 30	Nov 27	40.9%	33.3%	22.8%	75	758
$247.50	Oct 30	Nov 20	41.8%	34.2%	22.3%	156	230
$250.00	Oct 30	Dec 4	39.3%	32.2%	22.3%	254	172
$255.00	Oct 30	Dec 4	40.6%	34.1%	18.9%	72	46

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 135 found (best R:R 12.51, avg 7.81)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$270.00	$275.00	Dec 4	$0.37	$4.63	$0.37	26%	12.51	$270.37
$250.00	$252.50	Nov 6	$0.87	$1.63	$0.87	61%	1.87	$250.87
$245.00	$247.50	Nov 6	$1.22	$1.28	$1.22	73%	1.05	$246.22
$247.50	$250.00	Nov 20	$0.97	$1.53	$0.97	59%	1.58	$248.47
$255.00	$257.50	Nov 6	$0.80	$1.70	$0.80	48%	2.13	$255.80

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$252.50	$250.00	Nov 6	$0.36	$2.14	$0.36	46%	5.94	$252.14
$257.50	$255.00	Oct 30	$1.27	$1.23	$1.27	66%	0.97	$256.23
$250.00	$247.50	Nov 6	$0.69	$1.81	$0.69	40%	2.62	$249.31
$235.00	$230.00	Nov 27	$0.74	$4.26	$0.74	22%	5.76	$234.26
$215.00	$210.00	Dec 4	$0.17	$4.83	$0.17	8%	28.41	$214.83

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 112 found (best R:R 1.43, avg 0.27)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$275.00	$280.00	Dec 4	$1.29	$1.29	$3.71	77%	0.35	$276.29
$260.00	$265.00	Nov 13	$1.82	$1.82	$3.18	64%	0.57	$261.82
$295.00	$300.00	Dec 4	$0.52	$0.52	$4.48	91%	0.12	$295.52
$287.50	$290.00	Oct 30	$0.25	$0.25	$2.25	96%	0.11	$287.75
$292.50	$295.00	Oct 30	$0.22	$0.22	$2.28	96%	0.10	$292.72

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$247.50	$245.00	Nov 6	$1.47	$1.47	$1.03	65%	1.43	$246.03
$242.50	$240.00	Nov 6	$1.04	$1.04	$1.46	74%	0.71	$241.46
$240.00	$235.00	Dec 4	$1.80	$1.80	$3.20	68%	0.56	$238.20
$240.00	$235.00	Nov 27	$1.68	$1.68	$3.32	70%	0.51	$238.32
$225.00	$220.00	Nov 27	$0.83	$0.83	$4.17	86%	0.20	$224.17

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $2.01, cheapest $1.75)

CALLS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$255.00	Oct 30	Nov 6	$1.97	40.6%	33.6%
$257.50	Oct 30	Nov 6	$2.04	41.3%	35.2%
$252.50	Oct 30	Nov 6	$2.55	38.3%	34.0%
$250.00	Oct 30	Nov 6	$1.92	39.3%	38.6%

PUTS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$255.00	Oct 30	Nov 6	$1.75	40.6%	33.6%
$257.50	Oct 30	Nov 6	$1.95	41.3%	35.2%
$252.50	Oct 30	Nov 6	$1.63	38.3%	34.0%
$250.00	Oct 30	Nov 6	$2.25	39.3%	38.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 53 found (cheapest 3.21% of stock, avg 6.83%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$252.50	Oct 30	$4.43	$3.70	$8.13	$244.37	$260.63	3.21%
$250.00	Oct 30	$5.93	$2.72	$8.65	$241.35	$258.65	3.41%
$255.00	Oct 30	$3.38	$5.53	$8.91	$246.09	$263.91	3.52%
$257.50	Oct 30	$2.51	$6.80	$9.31	$248.19	$266.81	3.67%
$247.50	Oct 30	$7.40	$2.08	$9.48	$238.02	$256.98	3.74%
$260.00	Oct 30	$1.73	$8.73	$10.46	$249.54	$270.46	4.13%
$245.00	Oct 30	$9.35	$1.31	$10.66	$234.34	$255.66	4.21%
$262.50	Oct 30	$1.17	$10.98	$12.15	$250.35	$274.65	4.79%
$242.50	Oct 30	$11.40	$0.91	$12.31	$230.19	$254.81	4.86%
$252.50	Nov 6	$6.98	$5.33	$12.31	$240.19	$264.81	4.86%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.67% of stock, avg 3.42%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$265.00	$242.50	Oct 30	$0.79	$0.91	$1.70	$240.80	$266.70
$262.50	$242.50	Oct 30	$1.17	$0.91	$2.08	$240.42	$264.58
$265.00	$245.00	Oct 30	$0.79	$1.31	$2.10	$242.90	$267.10
$262.50	$245.00	Oct 30	$1.17	$1.31	$2.48	$242.52	$264.98
$275.00	$230.00	Nov 13	$1.27	$1.39	$2.66	$227.34	$277.66
$260.00	$242.50	Oct 30	$1.73	$0.91	$2.64	$239.86	$262.64
$260.00	$245.00	Oct 30	$1.73	$1.31	$3.04	$241.96	$263.04
$265.00	$247.50	Oct 30	$0.79	$2.08	$2.87	$244.63	$267.87
$262.50	$247.50	Oct 30	$1.17	$2.08	$3.25	$244.25	$265.75
$270.00	$230.00	Nov 13	$2.05	$1.39	$3.44	$226.56	$273.44

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 289 found (best R:R 2.42, avg credit $0.96)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
245/248	272/275	Nov 6	$1.77	$0.73	52%	2.42	$245.73	$274.27
245/248	278/280	Nov 6	$1.63	$0.87	56%	1.87	$245.87	$279.13
245/248	268/270	Nov 6	$1.90	$0.60	45%	3.17	$245.60	$269.40
245/248	262/265	Nov 6	$2.06	$0.44	36%	4.68	$245.44	$264.56
245/248	270/272	Nov 6	$1.68	$0.82	49%	2.05	$245.82	$271.68
240/242	272/275	Nov 6	$1.34	$1.16	61%	1.16	$241.16	$273.84
245/248	265/268	Nov 6	$1.83	$0.67	41%	2.73	$245.67	$266.83
235/240	275/280	Dec 4	$3.09	$1.91	45%	1.62	$236.91	$278.09
240/242	278/280	Nov 6	$1.20	$1.30	65%	0.92	$241.30	$278.70
240/242	268/270	Nov 6	$1.47	$1.03	54%	1.43	$241.03	$268.97

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 108 found (best R:R 49.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$255.00	$260.00	$265.00	Nov 20	$0.10	$4.90	16%	49.00
$250.00	$255.00	$260.00	Dec 4	$0.14	$4.86	14%	34.71
$245.00	$250.00	$255.00	Nov 27	$0.21	$4.79	17%	22.81
$225.00	$230.00	$235.00	Nov 20	$0.07	$4.93	12%	70.43
$265.00	$270.00	$275.00	Nov 13	$0.18	$4.82	13%	26.78

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$240.00	$245.00	$250.00	Dec 4	$0.15	$4.85	15%	32.33
$245.00	$250.00	$255.00	Dec 4	$0.15	$4.85	14%	32.33
$230.00	$235.00	$240.00	Nov 13	$0.13	$4.87	13%	37.46
$235.00	$240.00	$245.00	Dec 4	$0.25	$4.75	14%	19.00
$240.00	$245.00	$250.00	Nov 13	$0.42	$4.58	20%	10.90

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 145 found (best net $-2.42, 130 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$240.00	$250.00	1:2	Nov 13	-$2.42	$7.58
$260.00	$270.00	1:2	Dec 4	-$1.06	$8.94
$285.00	$295.00	1:2	Dec 4	-$0.39	$9.61
$260.00	$265.00	1:2	Nov 13	-$1.19	$3.81
$295.00	$300.00	1:2	Dec 4	-$0.06	$4.94

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$260.00	$250.00	1:2	Nov 13	-$1.52	$8.48
$260.00	$250.00	1:2	Nov 27	-$3.15	$6.85
$235.00	$225.00	1:2	Dec 4	-$0.30	$9.70
$225.00	$220.00	1:2	Nov 27	-$0.26	$4.74
$210.00	$205.00	1:2	Nov 27	$0.00	$5.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 53 found (best yield 3.20%, avg 0.88%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$255.00	Dec 4	$8.10	0.46	0.6%	3.20%	3.81%	17	19
$260.00	Dec 4	$6.05	0.39	2.6%	2.39%	4.98%	7	--
$260.00	Nov 20	$5.60	0.38	2.6%	2.21%	4.80%	171	2.6K
$255.00	Nov 27	$7.25	0.46	0.6%	2.86%	3.48%	29	--
$255.00	Nov 20	$7.15	0.46	0.6%	2.82%	3.44%	207	1.8K
$260.00	Nov 27	$5.35	0.38	2.6%	2.11%	4.70%	8	75
$275.00	Dec 4	$2.66	0.23	8.5%	1.05%	9.56%	49	29
$270.00	Dec 4	$3.25	0.26	6.5%	1.28%	7.82%	7	4
$265.00	Nov 20	$3.90	0.30	4.6%	1.54%	6.10%	725	1.1K
$265.00	Nov 27	$3.50	0.30	4.6%	1.38%	5.94%	10	151

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 21,254

Total Puts 9,895

Put/Call Ratio 0.47

Net Difference 11,359

Prior's Put/Call Breakdown

Total Calls 50,924

Total Puts 26,878

Put/Call Ratio 0.53

Net Difference 24,046

Prior 7-Day Put/Call Summary

Total Calls 233,741

Total Puts 145,978

Average Put/Call Ratio 0.67

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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