IBM - Options Database

IBM

IBM CORP

$253.22 +1.19%

$249.86 (-1.33%)🌙

as of 10/28 06:33 PM

(10/27 18:32) ◀

Wednesday, October 28, 2026 (6:33pm)

▶ (10/29 18:33)

◀ 10/28 18:33 ▶

Option Volume

Detail

ℹ

Current (10/28) 26,830

Calls: 19,932 (74%)

Puts: 6,898 (26%)

Prior (10/27) 22,226

Calls: 14,734 (66%)

Puts: 7,492 (34%)

Current vs Prior +20.71%

Calls: +35.28% (Calls)

Puts: -7.93% (Puts)

Prior 7-Day Total 359,414

Calls: 229,046 (64%)

Puts: 130,368 (36%)

Prior 7-Day Average 51,344

Calls: 32,720 (64%)

Puts: 18,624 (36%)

Current vs Prior 7-Day Avg -47.75%

Calls: -39.08%

Puts: -62.96%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/28) $21.97M

Calls: $12.69M (58%)

Puts: $9.28M (42%)

Prior (10/27) $16.61M

Calls: $11.94M (72%)

Puts: $4.67M (28%)

Current vs Prior +32.31%

Calls: +6.29%

Puts: +98.90%

Prior 7-Day Total $211.68M

Calls: $157.95M (75%)

Puts: $53.73M (25%)

Prior 7-Day Average $30.24M

Calls: $22.56M (75%)

Puts: $7.68M (25%)

Current vs Prior 7-Day Avg -27.33%

Calls: -43.74%

Puts: +20.91%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/28) 0.35

Prior (10/27) 0.51

Current vs Prior -31.94%

Prior 7-Day Average 0.55

Current vs Prior 7-Day Avg -37.11%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/28) 344,344

Calls: 205,205 (60%)

Puts: 139,139 (40%)

Prior (10/27) 330,331

Calls: 190,412 (58%)

Puts: 139,919 (42%)

Current vs Prior +4.24%

Prior 7-Day Total 2,792,904

Calls: 1,616,893 (58%)

Puts: 1,176,011 (42%)

Prior 7-Day Average 398,986

Calls: 230,984 (58%)

Puts: 168,001 (42%)

Current vs Prior 7-Day Avg -13.70%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 3.01% | 4.91%7.41% | 10.92%

Prior 3.41% | 5.00%7.59% | 10.98%

Current vs Prior -11.60% | -1.73%-2.37% | -0.53%

Prior 7-Day Avg 5.51% | 6.89%7.82% | 12.04%

Current vs 7-Day Avg -45.36% | -28.74%-5.26% | -9.24%

Prior 7-Day Eod 3.41% | 5.00%7.59% | 10.98%

Current vs 7-Day Eod -11.60% | -1.73%-2.37% | -0.53%

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 8.98% | 8.88%

Calls: 7.11% | 8.25%

Puts: 10.84% | 9.51%

Current vs 7-Day Avg -44.41% | -8.99%

Liquidity Acceptable

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🤖 AI Insights

Extreme bullish P/C ratio of 0.35 - heavy call buying (19,932 calls vs 6,898 puts). P/C ratio dropping 32% - sentiment shifting bullish.

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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💰 Best Value Under $1

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⚡ Straddles

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🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 23 of results (avg 7.5%, best 4.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$257.50	Oct 30	1.38	1.45	$1.42	4.9%	1.9K	0.30	654
$215.00	Nov 20	37.30	39.65	$38.47	6.1%	13	0.96	430
$220.00	Oct 30	32.20	34.30	$33.25	6.3%	5	1.01	107
$210.00	Nov 20	42.30	45.30	$43.80	6.8%	4	0.98	394
$250.00	Nov 27	10.35	11.10	$10.73	7.0%	24	0.55	45

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$290.00	Nov 20	37.55	39.60	$38.58	5.3%	1	1.00	--
$300.00	Oct 30	45.85	48.70	$47.28	6.0%	26	1.00	--
$297.50	Oct 30	43.30	46.20	$44.75	6.5%	22	1.00	--
$285.00	Nov 20	32.55	34.90	$33.72	7.0%	5	0.97	77
$300.00	Nov 20	46.70	50.10	$48.40	7.0%	17	1.00	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 5 found (avg $0.67, cheapest $0.26)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$265.00	Oct 30	0.24	0.28	$0.26	15.4%	2.0K	0.08	4.2K
$260.00	Oct 30	0.78	0.88	$0.83	12.0%	2.1K	0.20	2.5K
$275.00	Nov 6	0.47	0.56	$0.52	17.3%	382	0.08	213
$270.00	Nov 6	0.83	1.00	$0.92	18.5%	154	0.14	663
$285.00	Nov 20	0.74	0.85	$0.80	13.7%	944	0.08	1.0K

PUTS (0)

No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 65 found (avg delta 0.79, highest 1.01)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$217.50	Oct 30	33.90	36.80	$35.35	8.2%	7	1.01	--
$220.00	Oct 30	32.20	34.30	$33.25	6.3%	5	1.01	107
$230.00	Oct 30	22.10	24.00	$23.05	8.2%	1	1.01	434
$225.00	Oct 30	27.10	29.20	$28.15	7.5%	1	1.00	--
$215.00	Oct 30	36.45	39.35	$37.90	7.7%	7	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$257.50	Oct 30	5.15	6.90	$6.03	29.0%	1	1.00	--
$297.50	Oct 30	43.30	46.20	$44.75	6.5%	22	1.00	--
$300.00	Oct 30	45.85	48.70	$47.28	6.0%	26	1.00	--
$290.00	Nov 20	37.55	39.60	$38.58	5.3%	1	1.00	--
$300.00	Nov 20	46.70	50.10	$48.40	7.0%	17	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 208 active (total vol 17.4K, top 2.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$260.00	Oct 30	0.78	0.88	$0.83	12.0%	2.1K	0.20	2.5K
$265.00	Oct 30	0.24	0.28	$0.26	15.4%	2.0K	0.08	4.2K
$257.50	Oct 30	1.38	1.45	$1.42	4.9%	1.9K	0.30	654
$255.00	Oct 30	2.16	2.50	$2.33	14.6%	1.7K	0.43	860
$285.00	Nov 20	0.74	0.85	$0.80	13.7%	944	0.08	1.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$240.00	Oct 30	0.12	0.25	$0.19	68.4%	249	0.05	616
$225.00	Oct 30	0.00	0.08	$0.04	200.0%	238	0.01	1.4K
$242.50	Oct 30	0.25	0.38	$0.32	40.6%	214	0.09	475
$250.00	Nov 20	6.80	8.20	$7.50	18.7%	155	0.46	2.2K
$245.00	Oct 30	0.44	0.83	$0.64	60.9%	151	0.16	644

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 21.5%, max 44.9%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$255.00	Oct 30	Dec 4	42.3%	34.0%	24.5%	1.7K	879
$260.00	Oct 30	Nov 27	41.7%	33.9%	23.2%	2.1K	2.6K
$247.50	Oct 30	Nov 20	40.6%	33.0%	23.1%	20	371
$250.00	Oct 30	Dec 4	36.8%	31.2%	18.0%	258	1.5K
$257.50	Oct 30	Nov 13	41.6%	37.1%	12.2%	1.9K	654

PUTS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$245.00	Oct 30	Dec 4	43.6%	30.1%	44.9%	161	727
$247.50	Oct 30	Nov 20	40.6%	33.0%	23.1%	198	349
$250.00	Oct 30	Nov 27	36.8%	31.9%	15.4%	154	511
$260.00	Nov 13	Dec 4	36.7%	33.8%	8.7%	4	60

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 124 found (best R:R 0.67, avg 8.01)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$245.00	$250.00	Nov 6	$2.90	$2.10	$2.90	75%	0.72	$247.90
$247.50	$250.00	Nov 20	$1.00	$1.50	$1.00	59%	1.50	$248.50
$252.50	$255.00	Nov 13	$0.73	$1.77	$0.73	49%	2.42	$253.23
$240.00	$250.00	Nov 27	$6.20	$3.80	$6.20	72%	0.61	$246.20
$250.00	$252.50	Nov 20	$1.00	$1.50	$1.00	55%	1.50	$251.00

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$255.00	$252.50	Oct 30	$1.50	$1.00	$1.50	88%	0.67	$253.50
$252.50	$250.00	Oct 30	$1.01	$1.49	$1.01	87%	1.48	$251.49
$260.00	$255.00	Nov 20	$2.63	$2.37	$2.63	65%	0.90	$257.37
$250.00	$247.50	Nov 6	$0.61	$1.89	$0.61	43%	3.10	$249.39
$215.00	$205.00	Dec 4	$0.22	$9.78	$0.22	6%	44.45	$214.78

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 100 found (best R:R 0.11, avg 0.30)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$270.00	$275.00	Nov 27	$1.35	$1.35	$3.65	75%	0.37	$271.35
$260.00	$262.50	Nov 13	$0.99	$0.99	$1.51	66%	0.66	$260.99
$280.00	$282.50	Nov 13	$0.31	$0.31	$2.19	92%	0.14	$280.31
$255.00	$257.50	Nov 13	$1.12	$1.12	$1.38	56%	0.81	$256.12
$270.00	$275.00	Dec 4	$1.17	$1.17	$3.83	74%	0.31	$271.17

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$230.00	$215.00	Nov 27	$1.48	$1.48	$13.52	84%	0.11	$228.52
$230.00	$220.00	Dec 4	$1.51	$1.51	$8.49	81%	0.18	$228.49
$250.00	$245.00	Nov 27	$2.40	$2.40	$2.60	54%	0.92	$247.60
$230.00	$220.00	Nov 13	$0.69	$0.69	$9.31	89%	0.07	$229.31
$245.00	$242.50	Nov 20	$1.10	$1.10	$1.40	63%	0.79	$243.90

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $1.99, cheapest $2.47)

CALLS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$255.00	Oct 30	Nov 6	$2.47	42.3%	34.9%
$257.50	Oct 30	Nov 6	$2.28	41.6%	34.4%
$252.50	Oct 30	Nov 6	$2.45	27.7%	33.9%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$250.00	Oct 30	Nov 6	$2.14	36.8%	32.4%
$260.00	Nov 13	Nov 20	$0.60	36.7%	35.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 45 found (cheapest 2.42% of stock, avg 6.77%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$252.50	Oct 30	$3.48	$2.65	$6.13	$246.37	$258.63	2.42%
$255.00	Oct 30	$2.33	$4.15	$6.48	$248.52	$261.48	2.56%
$250.00	Oct 30	$5.03	$1.64	$6.67	$243.33	$256.67	2.63%
$257.50	Oct 30	$1.42	$6.03	$7.45	$250.05	$264.95	2.94%
$247.50	Oct 30	$6.73	$1.02	$7.75	$239.75	$255.25	3.06%
$245.00	Oct 30	$8.78	$0.64	$9.42	$235.58	$254.42	3.72%
$252.50	Nov 6	$5.93	$5.23	$11.16	$241.34	$263.66	4.41%
$250.00	Nov 6	$7.48	$3.78	$11.26	$238.74	$261.26	4.45%
$242.50	Oct 30	$11.10	$0.32	$11.42	$231.08	$253.92	4.51%
$245.00	Nov 6	$10.38	$2.40	$12.78	$232.22	$257.78	5.05%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.23% of stock, avg 2.94%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$265.00	$242.50	Oct 30	$0.26	$0.32	$0.58	$241.92	$265.58
$262.50	$242.50	Oct 30	$0.49	$0.32	$0.81	$241.69	$263.31
$265.00	$245.00	Oct 30	$0.26	$0.64	$0.90	$244.10	$265.90
$262.50	$245.00	Oct 30	$0.49	$0.64	$1.13	$243.87	$263.63
$260.00	$242.50	Oct 30	$0.83	$0.32	$1.15	$241.35	$261.15
$265.00	$205.00	Oct 30	$0.26	$1.07	$1.33	$203.67	$266.33
$260.00	$245.00	Oct 30	$0.83	$0.64	$1.47	$243.53	$261.47
$265.00	$247.50	Oct 30	$0.26	$1.02	$1.28	$246.22	$266.28
$262.50	$205.00	Oct 30	$0.49	$1.07	$1.56	$203.44	$264.06
$262.50	$247.50	Oct 30	$0.49	$1.02	$1.51	$245.99	$264.01

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 222 found (best R:R 3.03, avg credit $1.07)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
240/242	260/262	Nov 13	$1.88	$0.62	36%	3.03	$240.62	$261.88
210/212	260/262	Nov 13	$1.15	$1.35	63%	0.85	$211.35	$261.15
240/242	280/282	Nov 13	$1.20	$1.30	61%	0.92	$241.30	$281.20
210/212	280/282	Nov 13	$0.47	$2.03	89%	0.23	$212.03	$280.47
235/238	260/262	Nov 13	$1.53	$0.97	45%	1.58	$235.97	$261.53
235/238	280/282	Nov 13	$0.85	$1.65	70%	0.52	$236.65	$280.85
240/242	268/270	Nov 13	$1.39	$1.11	48%	1.25	$241.11	$268.89
230/235	270/275	Nov 27	$2.44	$2.56	53%	0.95	$232.56	$272.44
210/212	268/270	Nov 13	$0.66	$1.84	76%	0.36	$211.84	$268.16
235/238	275/278	Nov 6	$0.58	$1.92	78%	0.30	$236.92	$275.58

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 87 found (best R:R 5.41, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$255.00	$260.00	$265.00	Nov 27	$0.11	$4.89	15%	44.45
$247.50	$250.00	$252.50	Oct 30	$0.15	$2.35	22%	15.67
$280.00	$290.00	$300.00	Nov 27	$0.35	$9.65	9%	27.57
$252.50	$255.00	$257.50	Oct 30	$0.24	$2.26	27%	9.42
$270.00	$275.00	$280.00	Nov 20	$0.13	$4.87	10%	37.46

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$247.50	$250.00	$252.50	Oct 30	$0.39	$2.11	61%	5.41
$245.00	$250.00	$255.00	Nov 27	$0.17	$4.83	18%	28.41
$230.00	$235.00	$240.00	Nov 27	$0.14	$4.86	13%	34.71
$250.00	$252.50	$255.00	Oct 30	$0.49	$2.01	46%	4.10
$242.50	$245.00	$247.50	Oct 30	$0.06	$2.44	17%	40.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 133 found (best net $-4.53, 119 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$240.00	$250.00	1:2	Nov 27	-$4.53	$5.47
$255.00	$265.00	1:2	Dec 4	-$1.88	$8.12
$230.00	$240.00	1:2	Nov 13	-$7.55	$2.45
$280.00	$290.00	1:2	Nov 27	-$0.05	$9.95
$290.00	$300.00	1:2	Nov 27	-$0.01	$9.99

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$255.00	$252.50	1:2	Oct 30	-$1.15	$1.35
$252.50	$250.00	1:2	Oct 30	-$0.63	$1.87
$235.00	$230.00	1:2	Nov 13	-$0.21	$4.79
$250.00	$247.50	1:2	Oct 30	-$0.40	$2.10
$245.00	$242.50	1:2	Oct 30	$0.00	$2.50

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 51 found (best yield 3.18%, avg 0.89%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$255.00	Dec 4	$8.05	0.46	0.7%	3.18%	3.88%	1	19
$260.00	Nov 27	$5.90	0.39	2.7%	2.33%	5.01%	8	84
$255.00	Nov 27	$7.40	0.46	0.7%	2.92%	3.63%	21	105
$265.00	Dec 4	$4.30	0.33	4.7%	1.70%	6.35%	1	--
$265.00	Nov 27	$4.25	0.31	4.7%	1.68%	6.33%	19	164
$270.00	Dec 4	$3.45	0.26	6.6%	1.36%	7.99%	1	--
$255.00	Nov 20	$6.95	0.46	0.7%	2.74%	3.45%	90	1.8K
$260.00	Nov 20	$5.00	0.37	2.7%	1.97%	4.65%	240	2.6K
$270.00	Nov 27	$2.82	0.25	6.6%	1.11%	7.74%	22	62
$265.00	Nov 20	$3.50	0.29	4.7%	1.38%	6.03%	46	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 19,932

Total Puts 6,898

Put/Call Ratio 0.35

Net Difference 13,034

Prior's Put/Call Breakdown

Total Calls 14,734

Total Puts 7,492

Put/Call Ratio 0.51

Net Difference 7,242

Prior 7-Day Put/Call Summary

Total Calls 229,046

Total Puts 130,368

Average Put/Call Ratio 0.55

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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