IBM - Options Database

IBM

IBM CORP

$250.04 -0.98%

$249.50 (-0.22%)🌙

as of 11/03 06:35 PM

(11/2 18:31) ◀

Tuesday, November 3, 2026 (6:35pm)

▶ (11/4 18:37)

◀ 11/3 18:35 ▶

Option Volume

Detail

ℹ

Current (11/03) 23,988

Calls: 15,513 (65%)

Puts: 8,475 (35%)

Prior (11/02) 36,950

Calls: 23,029 (62%)

Puts: 13,921 (38%)

Current vs Prior -35.08%

Calls: -32.64% (Calls)

Puts: -39.12% (Puts)

Prior 7-Day Total 285,918

Calls: 194,449 (68%)

Puts: 91,469 (32%)

Prior 7-Day Average 40,845

Calls: 27,778 (68%)

Puts: 13,067 (32%)

Current vs Prior 7-Day Avg -41.27%

Calls: -44.15%

Puts: -35.14%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (11/03) $22.96M

Calls: $19.26M (84%)

Puts: $3.70M (16%)

Prior (11/02) $31.74M

Calls: $23.63M (74%)

Puts: $8.11M (26%)

Current vs Prior -27.66%

Calls: -18.49%

Puts: -54.38%

Prior 7-Day Total $181.68M

Calls: $133.15M (73%)

Puts: $48.53M (27%)

Prior 7-Day Average $25.95M

Calls: $19.02M (73%)

Puts: $6.93M (27%)

Current vs Prior 7-Day Avg -11.54%

Calls: +1.25%

Puts: -46.63%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (11/03) 0.55

Prior (11/02) 0.60

Current vs Prior -9.62%

Prior 7-Day Average 0.47

Current vs Prior 7-Day Avg +17.32%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (11/03) 319,977

Calls: 178,777 (56%)

Puts: 141,200 (44%)

Prior (11/02) 330,288

Calls: 195,987 (59%)

Puts: 134,301 (41%)

Current vs Prior -3.12%

Prior 7-Day Total 2,496,609

Calls: 1,475,447 (59%)

Puts: 1,021,162 (41%)

Prior 7-Day Average 356,658

Calls: 210,778 (59%)

Puts: 145,880 (41%)

Current vs Prior 7-Day Avg -10.28%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (11/06) | Next (11/13)Expiry (11/20) | Next (12/18)

Current 3.83% | 5.80%7.20% | 11.18%

Prior 4.24% | 6.08%7.24% | 11.32%

Current vs Prior -9.58% | -4.60%-0.56% | -1.24%

Prior 7-Day Avg 3.68% | 5.47%7.63% | 11.14%

Current vs 7-Day Avg +4.17% | +6.01%-5.60% | +0.30%

Prior 7-Day Eod 4.24% | 6.08%7.24% | 11.32%

Current vs 7-Day Eod -9.58% | -4.60%-0.56% | -1.24%

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 4.99% | 8.08%

Calls: 3.23% | 8.53%

Puts: 6.74% | 7.64%

Current vs 7-Day Avg +0.00% | +0.00%

Liquidity Acceptable

Add Card

🤖 AI Insights

Strong bullish conviction with 84% of dollar volume in calls ($19.26M) vs puts ($3.70M). Bullish P/C ratio of 0.55.

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

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 57 of results (avg 7.5%, best 2.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$275.00	Dec 18	3.90	4.00	$3.95	2.5%	71	0.23	598
$270.00	Dec 18	5.00	5.20	$5.10	3.9%	202	0.27	2.2K
$250.00	Nov 20	7.30	7.60	$7.45	4.0%	175	0.48	5.8K
$260.00	Dec 18	7.85	8.20	$8.02	4.4%	112	0.38	1.9K
$255.00	Nov 20	5.15	5.40	$5.28	4.7%	81	0.38	1.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$300.00	Nov 6	49.30	52.15	$50.72	5.6%	10	1.00	--
$280.00	Nov 20	31.60	33.45	$32.53	5.7%	3	0.92	--
$295.00	Nov 6	44.30	46.95	$45.63	5.8%	6	1.00	--
$297.50	Nov 6	46.75	49.55	$48.15	5.8%	6	0.93	--
$245.00	Dec 18	10.25	10.95	$10.60	6.6%	218	0.44	719

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 8 found (avg $0.83, cheapest $0.84)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$260.00	Nov 6	0.77	0.90	$0.84	15.5%	807	0.16	966
$267.50	Nov 13	0.88	1.03	$0.96	15.6%	2	0.12	34
$280.00	Nov 20	0.60	0.69	$0.65	13.8%	304	0.07	2.5K
$275.00	Nov 20	0.89	1.05	$0.97	16.5%	176	0.10	6.5K
$290.00	Dec 4	0.76	0.91	$0.84	17.9%	23	0.07	149

PUTS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$240.00	Nov 6	0.92	1.03	$0.98	11.2%	811	0.17	498
$215.00	Nov 20	0.48	0.57	$0.52	17.3%	40	0.05	1.1K
$220.00	Nov 20	0.77	0.92	$0.85	17.6%	111	0.08	1.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 79 found (avg delta 0.77, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$215.00	Nov 20	33.35	35.65	$34.50	6.7%	1	1.00	--
$210.00	Nov 6	38.20	41.20	$39.70	7.6%	10	1.00	11
$207.50	Nov 6	40.40	43.30	$41.85	6.9%	4	1.00	3
$212.50	Nov 6	35.45	38.30	$36.88	7.7%	4	1.00	--
$215.00	Nov 6	33.15	35.50	$34.33	6.8%	3	1.00	21

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$287.50	Nov 6	36.20	39.10	$37.65	7.7%	2	1.00	--
$290.00	Nov 6	38.95	42.20	$40.58	8.0%	1	1.00	--
$292.50	Nov 6	41.35	44.70	$43.03	7.8%	4	1.00	--
$295.00	Nov 6	44.30	46.95	$45.63	5.8%	6	1.00	--
$300.00	Nov 6	49.30	52.15	$50.72	5.6%	10	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 235 active (total vol 19.0K, top 1.9K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$255.00	Nov 6	1.80	2.04	$1.92	12.5%	1.9K	0.30	547
$270.00	Nov 6	0.10	0.15	$0.13	38.5%	1.5K	0.03	1.6K
$260.00	Nov 6	0.77	0.90	$0.84	15.5%	807	0.16	966
$260.00	Nov 20	3.30	3.70	$3.50	11.4%	737	0.29	2.4K
$265.00	Nov 20	2.09	2.46	$2.28	16.2%	715	0.21	3.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$215.00	Nov 6	0.00	0.03	$0.02	150.0%	1.4K	0.00	501
$212.50	Nov 6	0.00	0.03	$0.02	150.0%	828	0.00	29
$240.00	Nov 6	0.92	1.03	$0.98	11.2%	811	0.17	498
$245.00	Nov 6	2.00	2.24	$2.12	11.3%	267	0.32	351
$235.00	Nov 6	0.36	0.50	$0.43	32.6%	249	0.08	309

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 19 strikes (avg 22.0%, max 33.9%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$240.00	Nov 6	Dec 18	47.1%	35.1%	33.9%	27	3.2K
$245.00	Nov 6	Dec 18	45.4%	34.6%	31.0%	95	947
$242.50	Nov 6	Nov 20	47.0%	37.9%	24.2%	60	100
$250.00	Nov 6	Dec 18	46.4%	37.8%	22.9%	662	2.9K
$255.00	Nov 6	Dec 18	45.5%	37.3%	22.1%	2.1K	3.2K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$240.00	Nov 6	Dec 18	47.1%	35.1%	33.9%	849	1.4K
$245.00	Nov 6	Dec 18	45.4%	34.6%	31.0%	485	1.1K
$242.50	Nov 6	Nov 20	47.0%	37.9%	24.2%	150	666
$250.00	Nov 6	Dec 18	46.4%	37.8%	22.9%	232	4.0K
$255.00	Nov 6	Dec 18	45.5%	37.3%	22.1%	237	976

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 141 found (best R:R 0.89, avg 6.16)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$240.00	$245.00	Nov 27	$2.65	$2.35	$2.65	66%	0.89	$242.65
$242.50	$245.00	Nov 20	$1.15	$1.35	$1.15	63%	1.17	$243.65
$237.50	$240.00	Nov 20	$1.50	$1.00	$1.50	73%	0.67	$239.00
$247.50	$250.00	Nov 20	$0.98	$1.52	$0.98	53%	1.55	$248.48
$265.00	$270.00	Dec 18	$1.20	$3.80	$1.20	32%	3.17	$266.20

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$270.00	$265.00	Dec 18	$3.25	$1.75	$3.25	72%	0.54	$266.75
$245.00	$242.50	Nov 13	$0.75	$1.75	$0.75	41%	2.33	$244.25
$240.00	$237.50	Nov 20	$0.63	$1.87	$0.63	33%	2.97	$239.37
$255.00	$252.50	Nov 20	$1.38	$1.12	$1.38	61%	0.81	$253.62
$245.00	$242.50	Nov 20	$0.90	$1.60	$0.90	42%	1.78	$244.10

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 109 found (best R:R 0.35, avg 0.31)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$255.00	$260.00	Nov 20	$1.78	$1.78	$3.22	62%	0.55	$256.78
$255.00	$257.50	Nov 13	$0.92	$0.92	$1.58	66%	0.58	$255.92
$260.00	$270.00	Nov 27	$2.26	$2.26	$7.74	68%	0.29	$262.26
$282.50	$285.00	Nov 6	$0.11	$0.11	$2.39	98%	0.05	$282.61
$255.00	$257.50	Nov 6	$0.70	$0.70	$1.80	70%	0.39	$255.70

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$240.00	$220.00	Dec 11	$5.14	$5.14	$14.86	64%	0.35	$234.86
$240.00	$230.00	Nov 27	$2.84	$2.84	$7.16	66%	0.40	$237.16
$220.00	$215.00	Nov 13	$0.42	$0.42	$4.58	93%	0.09	$219.58
$235.00	$230.00	Dec 4	$1.43	$1.43	$3.57	71%	0.40	$233.57
$247.50	$245.00	Nov 13	$1.33	$1.33	$1.17	52%	1.14	$246.17

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $2.39, cheapest $1.75)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$245.00	Nov 6	Nov 13	$1.75	45.4%	37.9%
$250.00	Nov 6	Nov 13	$1.65	46.4%	40.0%
$252.50	Nov 6	Nov 13	$1.65	45.7%	39.4%
$255.00	Nov 6	Nov 13	$1.66	45.5%	39.6%
$247.50	Nov 6	Nov 13	$1.60	44.6%	38.8%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$245.00	Nov 6	Nov 13	$2.73	45.4%	37.9%
$250.00	Nov 6	Nov 13	$3.22	46.4%	40.0%
$252.50	Nov 6	Nov 13	$3.27	45.7%	39.4%
$255.00	Nov 6	Nov 13	$3.22	45.5%	39.6%
$247.50	Nov 6	Nov 13	$3.18	44.6%	38.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 57 found (cheapest 3.27% of stock, avg 7.49%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$250.00	Nov 6	$3.90	$4.28	$8.18	$241.82	$258.18	3.27%
$247.50	Nov 6	$5.20	$3.00	$8.20	$239.30	$255.70	3.28%
$252.50	Nov 6	$2.78	$5.68	$8.46	$244.04	$260.96	3.38%
$245.00	Nov 6	$6.80	$2.12	$8.92	$236.08	$253.92	3.57%
$255.00	Nov 6	$1.92	$7.28	$9.20	$245.80	$264.20	3.68%
$242.50	Nov 6	$8.48	$1.52	$10.00	$232.50	$252.50	4.00%
$257.50	Nov 6	$1.22	$9.07	$10.29	$247.21	$267.79	4.12%
$240.00	Nov 6	$10.65	$0.98	$11.63	$228.37	$251.63	4.65%
$260.00	Nov 6	$0.84	$11.35	$12.19	$247.81	$272.19	4.88%
$247.50	Nov 13	$6.80	$6.18	$12.98	$234.52	$260.48	5.19%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 0.61% of stock, avg 3.71%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$260.00	$237.50	Nov 6	$0.84	$0.69	$1.53	$235.97	$261.53
$260.00	$240.00	Nov 6	$0.84	$0.98	$1.82	$238.18	$261.82
$257.50	$237.50	Nov 6	$1.22	$0.69	$1.91	$235.59	$259.41
$300.00	$210.00	Dec 11	$0.90	$1.25	$2.15	$207.85	$302.15
$257.50	$240.00	Nov 6	$1.22	$0.98	$2.20	$237.80	$259.70
$260.00	$242.50	Nov 6	$0.84	$1.52	$2.36	$240.14	$262.36
$257.50	$242.50	Nov 6	$1.22	$1.52	$2.74	$239.76	$260.24
$275.00	$220.00	Nov 27	$1.48	$1.25	$2.73	$217.27	$277.73
$300.00	$215.00	Dec 11	$0.90	$1.80	$2.70	$212.30	$302.70
$255.00	$237.50	Nov 6	$1.92	$0.69	$2.61	$234.89	$257.61

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 238 found (best R:R 1.58, avg credit $1.12)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
235/238	255/258	Nov 13	$1.53	$0.97	41%	1.58	$235.97	$256.53
225/228	255/258	Nov 13	$1.13	$1.37	56%	0.82	$226.37	$256.13
230/232	255/258	Nov 13	$1.28	$1.22	50%	1.05	$231.22	$256.28
232/235	255/258	Nov 13	$1.37	$1.13	46%	1.21	$233.63	$256.37
235/238	282/285	Nov 6	$0.37	$2.13	85%	0.17	$237.13	$282.87
240/242	282/285	Nov 6	$0.65	$1.85	74%	0.35	$241.85	$283.15
228/230	255/258	Nov 13	$1.17	$1.33	53%	0.88	$228.83	$256.17
235/238	278/280	Nov 13	$0.75	$1.75	70%	0.43	$236.75	$278.25
232/235	282/285	Nov 6	$0.25	$2.25	89%	0.11	$234.75	$282.75
238/240	255/258	Nov 13	$1.58	$0.92	36%	1.72	$238.42	$256.58

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 120 found (best R:R 5.62, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$255.00	$260.00	$265.00	Dec 18	$0.08	$4.92	12%	61.50
$265.00	$270.00	$275.00	Dec 18	$0.05	$4.95	10%	99.00
$242.50	$245.00	$247.50	Nov 6	$0.08	$2.42	17%	30.25
$250.00	$255.00	$260.00	Dec 4	$0.26	$4.74	15%	18.23
$230.00	$235.00	$240.00	Dec 18	$0.22	$4.78	12%	21.73

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$230.00	$240.00	$250.00	Nov 27	$1.51	$8.49	32%	5.62
$260.00	$265.00	$270.00	Nov 20	$0.06	$4.94	14%	82.33
$235.00	$240.00	$245.00	Dec 4	$0.20	$4.80	15%	24.00
$255.00	$260.00	$265.00	Nov 20	$0.31	$4.69	17%	15.13
$247.50	$250.00	$252.50	Nov 6	$0.12	$2.38	20%	19.83

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 132 found (best net $-0.27, 123 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$245.00	$260.00	1:2	Dec 11	-$0.27	$14.73
$240.00	$250.00	1:2	Dec 4	-$3.65	$6.35
$265.00	$275.00	1:2	Dec 11	-$0.87	$9.13
$290.00	$300.00	1:2	Nov 27	-$0.09	$9.91
$270.00	$275.00	1:2	Nov 20	-$0.42	$4.58

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$250.00	$240.00	1:2	Nov 27	-$1.18	$8.82
$260.00	$250.00	1:2	Dec 4	-$4.56	$5.44
$237.50	$235.00	1:2	Nov 6	-$0.17	$2.33
$230.00	$227.50	1:2	Nov 6	-$0.04	$2.46
$227.50	$225.00	1:2	Nov 6	-$0.02	$2.48

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 55 found (best yield 3.78%, avg 1.03%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$255.00	Dec 18	$9.45	0.44	2.0%	3.78%	5.76%	223	2.6K
$260.00	Dec 18	$7.85	0.38	4.0%	3.14%	7.12%	112	1.9K
$265.00	Dec 18	$6.00	0.32	6.0%	2.40%	8.38%	33	1.1K
$270.00	Dec 18	$5.00	0.27	8.0%	2.00%	9.98%	202	2.2K
$260.00	Dec 11	$6.35	0.36	4.0%	2.54%	6.52%	2	11
$275.00	Dec 18	$3.90	0.23	10.0%	1.56%	11.54%	71	598
$265.00	Dec 11	$4.90	0.31	6.0%	1.96%	7.94%	2	--
$255.00	Dec 4	$6.80	0.41	2.0%	2.72%	4.70%	2	--
$280.00	Dec 18	$2.96	0.19	12.0%	1.18%	13.17%	240	1.5K
$260.00	Dec 4	$5.10	0.34	4.0%	2.04%	6.02%	34	49

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 15,513

Total Puts 8,475

Put/Call Ratio 0.55

Net Difference 7,038

Prior's Put/Call Breakdown

Total Calls 23,029

Total Puts 13,921

Put/Call Ratio 0.60

Net Difference 9,108

Prior 7-Day Put/Call Summary

Total Calls 194,449

Total Puts 91,469

Average Put/Call Ratio 0.47

Ratio Trend Falling

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...

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

Add Card