IBM - Options Database

IBM

IBM CORP

$247.11 -2.84%

$245.05 (-0.83%)🌙

as of 11/05 06:34 PM

(11/4 18:37) ◀

Thursday, November 5, 2026 (6:34pm)

▶ (11/6 18:31)

◀ 11/5 18:34 ▶

Option Volume

Detail

ℹ

Current (11/05) 40,058

Calls: 21,142 (53%)

Puts: 18,916 (47%)

Prior (11/04) 26,030

Calls: 18,415 (71%)

Puts: 7,615 (29%)

Current vs Prior +53.89%

Calls: +14.81% (Calls)

Puts: +148.40% (Puts)

Prior 7-Day Total 226,985

Calls: 156,199 (69%)

Puts: 70,786 (31%)

Prior 7-Day Average 32,426

Calls: 22,314 (69%)

Puts: 10,112 (31%)

Current vs Prior 7-Day Avg +23.54%

Calls: -5.25%

Puts: +87.06%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (11/05) $38.37M

Calls: $23.76M (62%)

Puts: $14.61M (38%)

Prior (11/04) $31.73M

Calls: $27.74M (87%)

Puts: $4.00M (13%)

Current vs Prior +20.90%

Calls: -14.34%

Puts: +265.58%

Prior 7-Day Total $177.36M

Calls: $135.02M (76%)

Puts: $42.34M (24%)

Prior 7-Day Average $25.34M

Calls: $19.29M (76%)

Puts: $6.05M (24%)

Current vs Prior 7-Day Avg +51.42%

Calls: +23.18%

Puts: +141.49%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (11/05) 0.89

Prior (11/04) 0.41

Current vs Prior +116.36%

Prior 7-Day Average 0.46

Current vs Prior 7-Day Avg +94.14%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (11/05) 372,127

Calls: 215,087 (58%)

Puts: 157,040 (42%)

Prior (11/04) 328,196

Calls: 189,951 (58%)

Puts: 138,245 (42%)

Current vs Prior +13.39%

Prior 7-Day Total 2,378,446

Calls: 1,389,669 (58%)

Puts: 988,777 (42%)

Prior 7-Day Average 339,778

Calls: 198,524 (58%)

Puts: 141,253 (42%)

Current vs Prior 7-Day Avg +9.52%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 2.78% | 5.50%7.02% | 11.55%

Prior 2.92% | 5.04%6.38% | 10.38%

Current vs Prior -4.70% | +8.93%+10.02% | +11.30%

Prior 7-Day Avg 3.42% | 5.36%7.27% | 10.95%

Current vs 7-Day Avg -18.67% | +2.49%-3.37% | +5.52%

Prior 7-Day Eod 2.92% | 5.04%6.38% | 10.38%

Current vs 7-Day Eod -4.70% | +8.93%+10.02% | +11.30%

Sentiment BULLISHBEARISH

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

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🤖 AI Insights

Moderately bullish flow with 62% call dollar volume ($23.76M). Dollar volume significantly above 7-day average (51% higher). Above-average activity with volume up 54% vs prior. P/C ratio rising 116% - increased hedging/bearish 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 NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

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

📊 High Delta (ITM)

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⏰ Backwardation

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📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

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⚖️ Ratio Spreads

🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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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 24 of results (avg 7.9%, best 4.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Dec 18	47.00	49.85	$48.43	5.9%	30	0.94	--
$200.00	Nov 6	46.40	49.25	$47.83	6.0%	2	1.01	--
$210.00	Dec 18	37.95	40.65	$39.30	6.9%	2	0.89	--
$205.00	Nov 6	41.25	44.35	$42.80	7.2%	2	1.01	--
$270.00	Nov 20	1.15	1.25	$1.20	8.3%	336	0.13	2.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$270.00	Dec 18	27.25	28.50	$27.88	4.5%	537	0.75	755
$255.00	Nov 20	12.90	13.70	$13.30	6.0%	488	0.67	2.3K
$250.00	Dec 18	13.95	14.95	$14.45	6.9%	96	0.52	3.6K
$280.00	Dec 18	34.50	37.05	$35.78	7.1%	30	0.84	505
$260.00	Nov 27	17.10	18.45	$17.77	7.6%	18	0.72	23

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 84 found (avg delta 0.77, highest 1.01)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Nov 6	46.40	49.25	$47.83	6.0%	2	1.01	--
$205.00	Nov 6	41.25	44.35	$42.80	7.2%	2	1.01	--
$225.00	Nov 6	21.00	24.30	$22.65	14.6%	3	1.00	24
$220.00	Nov 6	26.50	29.30	$27.90	10.0%	9	1.00	89
$230.00	Nov 6	16.45	19.35	$17.90	16.2%	2	0.99	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$252.50	Nov 6	4.75	6.65	$5.70	33.3%	430	1.00	251
$255.00	Nov 6	6.50	9.00	$7.75	32.3%	78	1.00	494
$257.50	Nov 6	8.45	11.25	$9.85	28.4%	3	1.00	--
$260.00	Nov 6	10.95	13.75	$12.35	22.7%	8	1.00	447
$262.50	Nov 6	13.30	15.95	$14.63	18.1%	2	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 243 active (total vol 26.5K, top 1.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$260.00	Nov 6	0.10	0.19	$0.15	60.0%	1.2K	0.05	1.3K
$255.00	Nov 6	0.35	0.51	$0.43	37.2%	951	0.14	1.1K
$270.00	Nov 6	0.01	0.03	$0.02	100.0%	860	0.01	1.7K
$262.50	Nov 6	0.05	0.11	$0.08	75.0%	636	0.03	1.0K
$257.50	Nov 6	0.17	0.25	$0.21	38.1%	544	0.07	912

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$230.00	Nov 6	0.03	0.07	$0.05	80.0%	849	0.02	248
$235.00	Nov 13	2.13	2.52	$2.33	16.7%	592	0.23	189
$270.00	Dec 18	27.25	28.50	$27.88	4.5%	537	0.75	755
$240.00	Nov 6	0.48	0.65	$0.56	30.4%	522	0.15	1.2K
$240.00	Dec 18	9.25	10.20	$9.73	9.8%	512	0.40	927

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 39.1%, max 57.9%)

CALLS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$245.00	Nov 6	Dec 18	51.4%	36.9%	39.3%	47	945
$242.50	Nov 6	Nov 20	55.2%	40.5%	36.3%	15	100
$252.50	Nov 6	Nov 20	53.8%	40.0%	34.6%	443	1.4K
$250.00	Nov 6	Dec 18	51.7%	39.8%	29.9%	864	2.9K

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$240.00	Nov 6	Dec 18	59.6%	37.7%	57.9%	1.0K	2.1K
$245.00	Nov 6	Dec 18	51.4%	36.9%	39.3%	422	1.4K
$242.50	Nov 6	Nov 20	55.2%	40.5%	36.3%	125	733

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 145 found (best R:R 0.85, avg 6.11)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$240.00	$245.00	Dec 18	$2.50	$2.50	$2.50	60%	1.00	$242.50
$235.00	$245.00	Dec 4	$5.92	$4.08	$5.92	69%	0.69	$240.92
$245.00	$250.00	Dec 11	$2.18	$2.82	$2.18	54%	1.29	$247.18
$250.00	$252.50	Nov 20	$0.79	$1.71	$0.79	44%	2.16	$250.79
$255.00	$260.00	Dec 18	$1.70	$3.30	$1.70	42%	1.94	$256.70

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$250.00	$247.50	Nov 6	$1.35	$1.15	$1.35	95%	0.85	$248.65
$247.50	$245.00	Nov 6	$0.97	$1.53	$0.97	77%	1.58	$246.53
$260.00	$255.00	Nov 20	$3.22	$1.78	$3.22	76%	0.55	$256.78
$247.50	$245.00	Nov 13	$1.03	$1.47	$1.03	53%	1.43	$246.47
$255.00	$252.50	Nov 13	$1.60	$0.90	$1.60	73%	0.56	$253.40

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 114 found (best R:R 1.66, avg 0.31)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$247.50	$250.00	Nov 13	$1.56	$1.56	$0.94	52%	1.66	$249.06
$247.50	$250.00	Nov 20	$1.51	$1.51	$0.99	51%	1.53	$249.01
$250.00	$255.00	Dec 11	$2.47	$2.47	$2.53	52%	0.98	$252.47
$247.50	$250.00	Nov 6	$1.30	$1.30	$1.20	48%	1.08	$248.80
$265.00	$275.00	Dec 11	$2.23	$2.23	$7.77	71%	0.29	$267.23

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$225.00	$220.00	Dec 4	$1.04	$1.04	$3.96	80%	0.26	$223.96
$210.00	$205.00	Nov 27	$0.39	$0.39	$4.61	94%	0.08	$209.61
$220.00	$215.00	Dec 4	$0.71	$0.71	$4.29	86%	0.17	$219.29
$235.00	$230.00	Dec 11	$1.58	$1.58	$3.42	67%	0.46	$233.42
$230.00	$227.50	Nov 20	$0.59	$0.59	$1.91	80%	0.31	$229.41

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $3.06, cheapest $2.67)

CALLS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$250.00	Nov 6	Nov 13	$2.67	51.7%	40.6%
$245.00	Nov 6	Nov 13	$2.70	51.4%	42.5%
$247.50	Nov 6	Nov 13	$2.93	40.1%	44.1%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$245.00	Nov 6	Nov 13	$3.94	51.4%	42.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 68 found (cheapest 2.20% of stock, avg 7.53%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$247.50	Nov 6	$2.85	$2.58	$5.43	$242.07	$252.93	2.20%
$250.00	Nov 6	$1.55	$3.93	$5.48	$244.52	$255.48	2.22%
$245.00	Nov 6	$4.30	$1.61	$5.91	$239.09	$250.91	2.39%
$252.50	Nov 6	$0.92	$5.70	$6.62	$245.88	$259.12	2.68%
$242.50	Nov 6	$6.18	$0.94	$7.12	$235.38	$249.62	2.88%
$255.00	Nov 6	$0.43	$7.75	$8.18	$246.82	$263.18	3.31%
$240.00	Nov 6	$8.32	$0.56	$8.88	$231.12	$248.88	3.59%
$257.50	Nov 6	$0.21	$9.85	$10.06	$247.44	$267.56	4.07%
$237.50	Nov 6	$10.35	$0.30	$10.65	$226.85	$248.15	4.31%
$250.00	Nov 13	$4.22	$7.85	$12.07	$237.93	$262.07	4.88%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 161 found (cheapest 0.21% of stock, avg 4.14%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$257.50	$237.50	Nov 6	$0.21	$0.30	$0.51	$236.99	$258.01
$255.00	$237.50	Nov 6	$0.43	$0.30	$0.73	$236.77	$255.73
$257.50	$240.00	Nov 6	$0.21	$0.56	$0.77	$239.23	$258.27
$255.00	$240.00	Nov 6	$0.43	$0.56	$0.99	$239.01	$255.99
$257.50	$242.50	Nov 6	$0.21	$0.94	$1.15	$241.35	$258.65
$252.50	$237.50	Nov 6	$0.92	$0.30	$1.22	$236.28	$253.72
$255.00	$242.50	Nov 6	$0.43	$0.94	$1.37	$241.13	$256.37
$252.50	$240.00	Nov 6	$0.92	$0.56	$1.48	$238.52	$253.98
$252.50	$242.50	Nov 6	$0.92	$0.94	$1.86	$240.64	$254.36
$250.00	$237.50	Nov 6	$1.55	$0.30	$1.85	$235.65	$251.85

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 257 found (best R:R 0.18, avg credit $1.18)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
215/218	265/268	Nov 13	$0.39	$2.11	83%	0.18	$217.11	$265.39
210/212	252/255	Nov 6	$0.65	$1.85	73%	0.35	$211.85	$253.15
210/212	255/258	Nov 6	$0.38	$2.12	84%	0.18	$212.12	$255.38
215/218	260/262	Nov 13	$0.56	$1.94	76%	0.29	$216.94	$260.56
220/225	285/290	Dec 4	$1.42	$3.58	71%	0.40	$223.58	$286.42
215/218	255/258	Nov 13	$0.80	$1.70	66%	0.47	$216.70	$255.80
215/218	268/270	Nov 13	$0.29	$2.21	86%	0.13	$217.21	$267.79
215/218	258/260	Nov 13	$0.65	$1.85	71%	0.35	$216.85	$258.15
215/218	262/265	Nov 13	$0.43	$2.07	80%	0.21	$217.07	$262.93
232/235	265/268	Nov 13	$0.80	$1.70	65%	0.47	$234.20	$265.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 134 found (best R:R 7.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$235.00	$240.00	$245.00	Nov 27	$0.12	$4.88	17%	40.67
$245.00	$247.50	$250.00	Nov 6	$0.15	$2.35	31%	15.67
$265.00	$270.00	$275.00	Dec 18	$0.07	$4.93	9%	70.43
$250.00	$252.50	$255.00	Nov 6	$0.14	$2.36	23%	16.86
$245.00	$250.00	$255.00	Nov 27	$0.29	$4.71	17%	16.24

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$242.50	$245.00	$247.50	Nov 6	$0.30	$2.20	52%	7.33
$245.00	$247.50	$250.00	Nov 6	$0.38	$2.12	54%	5.58
$240.00	$245.00	$250.00	Dec 4	$0.10	$4.90	15%	49.00
$220.00	$225.00	$230.00	Dec 4	$0.10	$4.90	11%	49.00
$235.00	$240.00	$245.00	Dec 18	$0.17	$4.83	12%	28.41

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 140 found (best net $-10.67, 131 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$205.00	$220.00	1:2	Nov 6	-$13.00	$2.00
$265.00	$275.00	1:2	Dec 11	-$0.57	$9.43
$247.50	$250.00	1:2	Nov 6	-$0.25	$2.25
$235.00	$245.00	1:2	Dec 4	-$5.61	$4.39
$250.00	$252.50	1:2	Nov 6	-$0.29	$2.21

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$285.00	$270.00	1:2	Nov 20	-$10.67	$4.33
$260.00	$250.00	1:2	Nov 27	-$4.09	$5.91
$250.00	$240.00	1:2	Dec 11	-$3.48	$6.52
$250.00	$247.50	1:2	Nov 6	-$1.23	$1.27
$230.00	$220.00	1:2	Dec 11	-$0.96	$9.04

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 58 found (best yield 4.41%, avg 1.27%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$250.00	Dec 18	$10.90	0.48	1.2%	4.41%	5.58%	451	2.6K
$255.00	Dec 18	$8.80	0.42	3.2%	3.56%	6.75%	103	2.8K
$260.00	Dec 18	$7.10	0.37	5.2%	2.87%	8.09%	366	1.9K
$265.00	Dec 18	$5.40	0.31	7.2%	2.19%	9.42%	73	1.2K
$250.00	Dec 11	$9.35	0.48	1.2%	3.78%	4.95%	5	1
$255.00	Dec 11	$7.30	0.41	3.2%	2.95%	6.15%	5	--
$270.00	Dec 18	$4.30	0.26	9.3%	1.74%	11.00%	91	2.3K
$260.00	Dec 11	$5.30	0.35	5.2%	2.14%	7.36%	2	--
$265.00	Dec 11	$4.30	0.29	7.2%	1.74%	8.98%	11	153
$275.00	Dec 18	$3.35	0.22	11.3%	1.36%	12.64%	88	637

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 21,142

Total Puts 18,916

Put/Call Ratio 0.89

Net Difference 2,226

Prior's Put/Call Breakdown

Total Calls 18,415

Total Puts 7,615

Put/Call Ratio 0.41

Net Difference 10,800

Prior 7-Day Put/Call Summary

Total Calls 156,199

Total Puts 70,786

Average Put/Call Ratio 0.46

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

🤖 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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