IBM - Options Database

IBM

IBM CORP

$250.25 -1.26%

$249.66 (-0.24%)🌙

as of 10/27 06:32 PM

(10/26 18:32) ◀

Tuesday, October 27, 2026 (6:32pm)

▶ (10/28 18:33)

◀ 10/27 18:32 ▶

Option Volume

Detail

ℹ

Current (10/27) 22,226

Calls: 14,734 (66%)

Puts: 7,492 (34%)

Prior (10/26) 31,149

Calls: 21,254 (68%)

Puts: 9,895 (32%)

Current vs Prior -28.65%

Calls: -30.68% (Calls)

Puts: -24.28% (Puts)

Prior 7-Day Total 371,770

Calls: 229,379 (62%)

Puts: 142,391 (38%)

Prior 7-Day Average 53,110

Calls: 32,768 (62%)

Puts: 20,341 (38%)

Current vs Prior 7-Day Avg -58.15%

Calls: -55.04%

Puts: -63.17%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/27) $16.61M

Calls: $11.94M (72%)

Puts: $4.67M (28%)

Prior (10/26) $20.34M

Calls: $15.32M (75%)

Puts: $5.02M (25%)

Current vs Prior -18.34%

Calls: -22.06%

Puts: -6.99%

Prior 7-Day Total $209.98M

Calls: $153.91M (73%)

Puts: $56.07M (27%)

Prior 7-Day Average $30.00M

Calls: $21.99M (73%)

Puts: $8.01M (27%)

Current vs Prior 7-Day Avg -44.63%

Calls: -45.68%

Puts: -41.75%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/27) 0.51

Prior (10/26) 0.47

Current vs Prior +9.22%

Prior 7-Day Average 0.66

Current vs Prior 7-Day Avg -23.27%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/27) 330,331

Calls: 190,412 (58%)

Puts: 139,919 (42%)

Prior (10/26) 339,349

Calls: 202,606 (60%)

Puts: 136,743 (40%)

Current vs Prior -2.66%

Prior 7-Day Total 2,853,525

Calls: 1,664,046 (58%)

Puts: 1,189,479 (42%)

Prior 7-Day Average 407,646

Calls: 237,720 (58%)

Puts: 169,925 (42%)

Current vs Prior 7-Day Avg -18.97%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 3.41% | 5.00%7.59% | 10.98%

Prior 3.93% | 5.63%7.73% | 11.16%

Current vs Prior -13.27% | -11.22%-1.83% | -1.59%

Prior 7-Day Avg 5.46% | 7.40%7.17% | 12.14%

Current vs 7-Day Avg -37.52% | -32.46%+5.92% | -9.53%

Prior 7-Day Eod 3.93% | 5.63%7.73% | 11.16%

Current vs 7-Day Eod -13.27% | -11.22%-1.83% | -1.59%

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 12.28% | 9.60%

Calls: 10.12% | 8.53%

Puts: 14.43% | 10.66%

Current vs 7-Day Avg -59.36% | -15.81%

Liquidity Acceptable

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🤖 AI Insights

Moderately bullish flow with 72% call dollar volume ($11.94M). Bullish P/C ratio of 0.51.

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

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Best Value <$1

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High Delta

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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 29 of results (avg 8.0%, best 5.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$220.00	Nov 27	30.25	32.20	$31.23	6.2%	2	0.91	3
$265.00	Nov 20	2.90	3.10	$3.00	6.7%	62	0.25	1.6K
$215.00	Nov 20	34.60	37.00	$35.80	6.7%	17	0.95	437
$220.00	Nov 20	30.25	32.35	$31.30	6.7%	20	0.93	1.1K
$235.00	Nov 20	17.35	18.60	$17.98	7.0%	25	0.77	1.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$295.00	Nov 20	44.95	47.50	$46.23	5.5%	1	0.96	--
$300.00	Oct 30	48.35	51.30	$49.83	5.9%	8	1.00	--
$285.00	Nov 20	35.25	37.70	$36.48	6.7%	1	0.93	--
$275.00	Nov 20	26.00	27.95	$26.98	7.2%	1	0.86	--
$260.00	Nov 20	14.50	15.60	$15.05	7.3%	5	0.68	681

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 11 found (avg $0.67, cheapest $0.29)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$265.00	Oct 30	0.27	0.31	$0.29	13.8%	2.4K	0.07	3.2K
$262.50	Oct 30	0.41	0.46	$0.44	11.4%	420	0.10	371
$275.00	Nov 6	0.40	0.49	$0.45	20.0%	16	0.07	211
$285.00	Nov 20	0.65	0.75	$0.70	14.3%	274	0.07	906
$280.00	Nov 20	0.94	1.03	$0.99	9.1%	189	0.10	2.3K

PUTS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$217.50	Nov 20	0.60	0.72	$0.66	18.2%	19	0.06	61
$215.00	Nov 20	0.51	0.59	$0.55	14.5%	29	0.05	1.2K
$220.00	Nov 20	0.77	0.90	$0.84	15.5%	105	0.08	2.0K
$215.00	Nov 27	0.69	0.83	$0.76	18.4%	6	0.07	54

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 56 found (avg delta 0.77, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Nov 20	39.55	42.60	$41.08	7.4%	2	1.00	--
$225.00	Oct 30	24.25	26.60	$25.43	9.2%	4	0.99	--
$227.50	Oct 30	21.75	24.00	$22.88	9.8%	1	0.99	--
$230.00	Oct 30	19.00	21.65	$20.33	13.0%	1	0.98	435
$215.00	Nov 6	34.20	37.35	$35.78	8.8%	1	0.98	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$300.00	Oct 30	48.35	51.30	$49.83	5.9%	8	1.00	--
$295.00	Nov 20	44.95	47.50	$46.23	5.5%	1	0.96	--
$285.00	Nov 20	35.25	37.70	$36.48	6.7%	1	0.93	--
$260.00	Oct 30	9.30	11.25	$10.28	19.0%	614	0.89	765
$275.00	Nov 20	26.00	27.95	$26.98	7.2%	1	0.86	--

Most actively traded options today. High liquidity = easy entry/exit. 214 active (total vol 15.7K, top 2.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$265.00	Oct 30	0.27	0.31	$0.29	13.8%	2.4K	0.07	3.2K
$260.00	Oct 30	0.62	0.78	$0.70	22.9%	1.0K	0.15	2.5K
$257.50	Oct 30	1.04	1.15	$1.10	10.0%	478	0.22	693
$262.50	Oct 30	0.41	0.46	$0.44	11.4%	420	0.10	371
$270.00	Nov 20	1.96	2.24	$2.10	13.3%	389	0.19	1.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$260.00	Oct 30	9.30	11.25	$10.28	19.0%	614	0.89	765
$257.50	Oct 30	7.75	8.80	$8.28	12.7%	600	0.81	741
$250.00	Oct 30	3.15	3.55	$3.35	11.9%	522	0.48	247
$242.50	Oct 30	0.80	1.05	$0.93	26.9%	361	0.18	363
$240.00	Oct 30	0.47	0.64	$0.55	30.9%	281	0.12	525

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 14 strikes (avg 20.4%, max 28.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$245.00	Oct 30	Dec 4	39.6%	30.8%	28.4%	85	1.0K
$260.00	Oct 30	Nov 27	40.5%	32.5%	24.6%	1.0K	2.6K
$255.00	Oct 30	Nov 27	39.7%	32.6%	22.0%	371	940
$247.50	Oct 30	Nov 20	39.3%	32.9%	19.4%	70	384
$242.50	Oct 30	Nov 6	40.5%	34.3%	18.0%	8	108

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$245.00	Oct 30	Dec 4	39.6%	30.8%	28.4%	170	638
$242.50	Oct 30	Nov 20	40.5%	32.8%	23.6%	363	405
$247.50	Oct 30	Nov 20	39.3%	32.9%	19.4%	334	339
$255.00	Oct 30	Nov 20	39.7%	33.5%	18.7%	13	861
$252.50	Oct 30	Nov 20	39.7%	34.0%	16.8%	57	887

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 136 found (best R:R 1.63, avg 7.78)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$247.50	$250.00	Nov 20	$0.98	$1.52	$0.98	55%	1.55	$248.48
$235.00	$245.00	Nov 27	$6.65	$3.35	$6.65	75%	0.50	$241.65
$240.00	$245.00	Dec 4	$2.88	$2.12	$2.88	66%	0.74	$242.88
$280.00	$285.00	Dec 4	$0.35	$4.65	$0.35	14%	13.29	$280.35
$265.00	$270.00	Dec 4	$0.98	$4.02	$0.98	28%	4.10	$265.98

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$255.00	$252.50	Nov 20	$0.95	$1.55	$0.95	59%	1.63	$254.05
$250.00	$245.00	Nov 27	$2.00	$3.00	$2.00	50%	1.50	$248.00
$255.00	$252.50	Oct 30	$1.45	$1.05	$1.45	71%	0.72	$253.55
$240.00	$237.50	Nov 6	$0.28	$2.22	$0.28	22%	7.93	$239.72
$252.50	$250.00	Nov 6	$1.13	$1.37	$1.13	56%	1.21	$251.37

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 114 found (best R:R 0.11, avg 0.27)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$292.50	$295.00	Oct 30	$0.25	$0.25	$2.25	97%	0.11	$292.75
$262.50	$265.00	Nov 13	$0.76	$0.76	$1.74	74%	0.44	$263.26
$287.50	$290.00	Oct 30	$0.18	$0.18	$2.32	97%	0.08	$287.68
$285.00	$290.00	Dec 4	$0.55	$0.55	$4.45	88%	0.12	$285.55
$255.00	$257.50	Nov 6	$0.97	$0.97	$1.53	62%	0.63	$255.97

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$235.00	$230.00	Nov 27	$1.23	$1.23	$3.77	75%	0.33	$233.77
$207.50	$205.00	Oct 30	$0.23	$0.23	$2.27	97%	0.10	$207.27
$235.00	$230.00	Nov 13	$0.95	$0.95	$4.05	79%	0.23	$234.05
$245.00	$240.00	Dec 4	$2.05	$2.05	$2.95	58%	0.69	$242.95
$242.50	$240.00	Nov 6	$0.79	$0.79	$1.71	71%	0.46	$241.71

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $2.16, cheapest $2.08)

CALLS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$247.50	Oct 30	Nov 6	$2.35	39.3%	33.5%
$250.00	Oct 30	Nov 6	$2.04	39.4%	33.7%
$252.50	Oct 30	Nov 6	$2.27	39.7%	36.4%
$255.00	Oct 30	Nov 6	$2.26	39.7%	37.0%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$247.50	Oct 30	Nov 6	$2.08	39.3%	33.5%
$250.00	Oct 30	Nov 6	$2.20	39.4%	33.7%
$252.50	Oct 30	Nov 6	$1.93	39.7%	36.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 46 found (cheapest 2.85% of stock, avg 6.52%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$250.00	Oct 30	$3.78	$3.35	$7.13	$242.87	$257.13	2.85%
$252.50	Oct 30	$2.58	$4.75	$7.33	$245.17	$259.83	2.93%
$247.50	Oct 30	$5.13	$2.25	$7.38	$240.12	$254.88	2.95%
$255.00	Oct 30	$1.72	$6.20	$7.92	$247.08	$262.92	3.16%
$245.00	Oct 30	$7.05	$1.45	$8.50	$236.50	$253.50	3.40%
$257.50	Oct 30	$1.10	$8.28	$9.38	$248.12	$266.88	3.75%
$242.50	Oct 30	$9.20	$0.93	$10.13	$232.37	$252.63	4.05%
$260.00	Oct 30	$0.70	$10.28	$10.98	$249.02	$270.98	4.39%
$250.00	Nov 6	$5.82	$5.55	$11.37	$238.63	$261.37	4.54%
$252.50	Nov 6	$4.85	$6.68	$11.53	$240.97	$264.03	4.61%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.40% of stock, avg 3.21%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$262.50	$240.00	Oct 30	$0.44	$0.55	$0.99	$239.01	$263.49
$260.00	$240.00	Oct 30	$0.70	$0.55	$1.25	$238.75	$261.25
$262.50	$242.50	Oct 30	$0.44	$0.93	$1.37	$241.13	$263.87
$260.00	$242.50	Oct 30	$0.70	$0.93	$1.63	$240.87	$261.63
$257.50	$240.00	Oct 30	$1.10	$0.55	$1.65	$238.35	$259.15
$257.50	$242.50	Oct 30	$1.10	$0.93	$2.03	$240.47	$259.53
$262.50	$245.00	Oct 30	$0.44	$1.45	$1.89	$243.11	$264.39
$260.00	$245.00	Oct 30	$0.70	$1.45	$2.15	$242.85	$262.15
$257.50	$245.00	Oct 30	$1.10	$1.45	$2.55	$242.45	$260.05
$255.00	$240.00	Oct 30	$1.72	$0.55	$2.27	$237.73	$257.27

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 324 found (best R:R 0.24, avg credit $0.94)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
205/208	292/295	Oct 30	$0.48	$2.02	94%	0.24	$207.02	$292.98
205/208	288/290	Oct 30	$0.41	$2.09	95%	0.20	$207.09	$287.91
205/208	282/285	Oct 30	$0.34	$2.16	95%	0.16	$207.16	$282.84
238/240	262/265	Nov 13	$1.52	$0.98	45%	1.55	$238.48	$264.02
205/208	268/270	Oct 30	$0.34	$2.16	92%	0.16	$207.16	$267.84
235/238	292/295	Oct 30	$0.39	$2.11	89%	0.18	$237.11	$292.89
238/240	292/295	Oct 30	$0.48	$2.02	85%	0.24	$239.52	$292.98
240/242	292/295	Oct 30	$0.63	$1.87	78%	0.34	$241.87	$293.13
235/238	262/265	Nov 13	$1.34	$1.16	50%	1.16	$236.16	$263.84
235/238	288/290	Oct 30	$0.32	$2.18	90%	0.15	$237.18	$287.82

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 111 found (best R:R 49.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$240.00	$245.00	$250.00	Dec 4	$0.23	$4.77	16%	20.74
$247.50	$250.00	$252.50	Oct 30	$0.15	$2.35	22%	15.67
$260.00	$265.00	$270.00	Nov 27	$0.24	$4.76	14%	19.83
$270.00	$275.00	$280.00	Dec 4	$0.11	$4.89	9%	44.45
$265.00	$270.00	$275.00	Nov 20	$0.20	$4.80	11%	24.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$240.00	$245.00	$250.00	Nov 27	$0.10	$4.90	17%	49.00
$250.00	$252.50	$255.00	Oct 30	$0.05	$2.45	23%	49.00
$275.00	$285.00	$295.00	Nov 20	$0.25	$9.75	9%	39.00
$225.00	$230.00	$235.00	Dec 4	$0.10	$4.90	11%	49.00
$230.00	$235.00	$240.00	Nov 27	$0.27	$4.73	14%	17.52

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 $-6.11, 129 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$220.00	$235.00	1:2	Nov 27	-$6.11	$8.89
$235.00	$245.00	1:2	Nov 27	-$5.37	$4.63
$265.00	$270.00	1:2	Nov 13	-$0.64	$4.36
$255.00	$257.50	1:2	Oct 30	-$0.48	$2.02
$257.50	$260.00	1:2	Oct 30	-$0.30	$2.20

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$260.00	$250.00	1:2	Nov 13	-$0.51	$9.49
$235.00	$230.00	1:2	Nov 13	-$0.39	$4.61
$242.50	$240.00	1:2	Oct 30	-$0.17	$2.33
$240.00	$237.50	1:2	Oct 30	-$0.09	$2.41
$225.00	$220.00	1:2	Nov 6	-$0.03	$4.97

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 55 found (best yield 2.60%, avg 0.78%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$255.00	Nov 27	$6.50	0.42	1.9%	2.60%	4.50%	12	101
$260.00	Nov 27	$4.75	0.34	3.9%	1.90%	5.79%	14	81
$252.50	Nov 20	$6.80	0.46	0.9%	2.72%	3.62%	16	391
$255.00	Nov 20	$5.65	0.41	1.9%	2.26%	4.16%	86	1.8K
$265.00	Nov 27	$3.60	0.27	5.9%	1.44%	7.33%	6	--
$265.00	Dec 4	$3.25	0.28	5.9%	1.30%	7.19%	5	--
$260.00	Nov 20	$4.10	0.32	3.9%	1.64%	5.53%	85	2.6K
$270.00	Dec 4	$2.45	0.23	7.9%	0.98%	8.87%	2	--
$275.00	Dec 4	$2.31	0.18	9.9%	0.92%	10.81%	1	--
$265.00	Nov 20	$2.90	0.25	5.9%	1.16%	7.05%	62	1.6K

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 14,734

Total Puts 7,492

Put/Call Ratio 0.51

Net Difference 7,242

Prior's Put/Call Breakdown

Total Calls 21,254

Total Puts 9,895

Put/Call Ratio 0.47

Net Difference 11,359

Prior 7-Day Put/Call Summary

Total Calls 229,379

Total Puts 142,391

Average Put/Call Ratio 0.66

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

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📈 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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