IBM - Options Database

IBM

IBM CORP

$245.00 -0.85%

(11/5 18:34) ◀

Friday, November 6, 2026 (6:31pm)

▶

◀ 11/6 18:31

Option Volume

Detail

ℹ

Current (11/06) 30,788

Calls: 19,037 (62%)

Puts: 11,751 (38%)

Prior (11/05) 40,058

Calls: 21,142 (53%)

Puts: 18,916 (47%)

Current vs Prior -23.14%

Calls: -9.96% (Calls)

Puts: -37.88% (Puts)

Prior 7-Day Total 244,817

Calls: 162,607 (66%)

Puts: 82,210 (34%)

Prior 7-Day Average 34,973

Calls: 23,229 (66%)

Puts: 11,744 (34%)

Current vs Prior 7-Day Avg -11.97%

Calls: -18.05%

Puts: +0.06%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (11/06) $15.73M

Calls: $9.68M (62%)

Puts: $6.06M (38%)

Prior (11/05) $38.37M

Calls: $23.76M (62%)

Puts: $14.61M (38%)

Current vs Prior -58.99%

Calls: -59.26%

Puts: -58.54%

Prior 7-Day Total $199.12M

Calls: $146.84M (74%)

Puts: $52.28M (26%)

Prior 7-Day Average $28.45M

Calls: $20.98M (74%)

Puts: $7.47M (26%)

Current vs Prior 7-Day Avg -44.68%

Calls: -53.86%

Puts: -18.91%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (11/06) 0.62

Prior (11/05) 0.89

Current vs Prior -31.01%

Prior 7-Day Average 0.52

Current vs Prior 7-Day Avg +19.63%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (11/06) 335,522

Calls: 200,354 (60%)

Puts: 135,168 (40%)

Prior (11/05) 372,127

Calls: 215,087 (58%)

Puts: 157,040 (42%)

Current vs Prior -9.84%

Prior 7-Day Total 2,420,242

Calls: 1,414,344 (58%)

Puts: 1,005,898 (42%)

Prior 7-Day Average 345,748

Calls: 202,049 (58%)

Puts: 143,699 (42%)

Current vs Prior 7-Day Avg -2.96%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 0.26% | 4.05%5.64% | 9.94%

Prior 2.78% | 5.50%7.02% | 11.55%

Current vs Prior +45.57% | +2.57%-19.72% | -13.94%

Prior 7-Day Avg 3.33% | 5.43%7.18% | 11.03%

Current vs 7-Day Avg +21.56% | +3.74%-21.55% | -9.87%

Prior 7-Day Eod 2.78% | 5.50%7.02% | 11.55%

Current vs 7-Day Eod +45.57% | +2.57%-19.72% | -13.94%

Sentiment BEARISHBULLISH

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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Moderately bullish flow with 62% call dollar volume ($9.68M). Light premium activity with dollar volume down 59% vs prior. Bullish P/C ratio of 0.62. P/C ratio dropping 31% - 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 NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 59 of results (avg 7.7%, best 2.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$225.00	Dec 18	23.25	24.50	$23.88	5.2%	36	0.77	426
$210.00	Dec 18	35.30	37.25	$36.28	5.4%	13	0.91	204
$197.50	Nov 6	45.70	48.50	$47.10	5.9%	2	0.92	--
$205.00	Nov 6	38.00	40.60	$39.30	6.6%	7	0.91	--
$235.00	Dec 18	16.65	17.80	$17.23	6.7%	195	0.64	901

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$270.00	Dec 18	28.85	29.70	$29.28	2.9%	80	0.78	1.0K
$235.00	Dec 18	7.70	8.05	$7.88	4.4%	47	0.36	611
$255.00	Dec 18	17.80	18.80	$18.30	5.5%	37	0.62	585
$255.00	Nov 20	13.80	14.65	$14.23	6.0%	47	0.73	1.9K
$280.00	Dec 11	36.80	39.10	$37.95	6.1%	1	0.89	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.63, cheapest $0.14)

CALLS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$270.00	Nov 13	0.13	0.15	$0.14	14.3%	616	0.03	874
$260.00	Nov 13	0.48	0.58	$0.53	18.9%	237	0.09	853
$257.50	Nov 13	0.66	0.80	$0.73	19.2%	130	0.12	434

PUTS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$227.50	Nov 13	0.75	0.91	$0.83	19.3%	16	0.12	47
$215.00	Nov 20	0.51	0.60	$0.55	16.4%	61	0.06	1.1K
$217.50	Nov 20	0.67	0.79	$0.73	16.4%	86	0.08	93
$220.00	Nov 20	0.86	0.98	$0.92	13.0%	189	0.10	2.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 108 found (avg delta 0.83, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Nov 6	33.40	36.00	$34.70	7.5%	8	1.00	--
$217.50	Nov 6	25.75	28.90	$27.33	11.5%	4	1.00	--
$220.00	Nov 6	23.40	26.00	$24.70	10.5%	6	1.00	81
$225.00	Nov 6	19.05	20.95	$20.00	9.5%	7	1.00	25
$230.00	Nov 6	13.85	16.30	$15.08	16.2%	7	1.00	76

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$270.00	Nov 6	23.60	26.75	$25.18	12.5%	1	1.00	--
$275.00	Nov 6	28.60	31.80	$30.20	10.6%	2	1.00	--
$277.50	Nov 6	31.10	34.40	$32.75	10.1%	3	1.00	--
$280.00	Nov 6	33.60	36.90	$35.25	9.4%	3	1.00	--
$282.50	Nov 6	36.10	39.40	$37.75	8.7%	1	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 272 active (total vol 23.9K, top 1.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$247.50	Nov 6	0.00	0.01	$0.01	100.0%	1.3K	0.01	151
$245.00	Nov 6	0.17	0.41	$0.29	82.8%	782	0.47	198
$247.50	Nov 20	4.65	5.60	$5.13	18.5%	754	0.42	75
$250.00	Nov 6	0.00	0.01	$0.01	100.0%	740	0.01	374
$255.00	Nov 13	0.97	1.21	$1.09	22.0%	691	0.17	432

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$242.50	Nov 6	0.00	0.04	$0.02	200.0%	903	0.04	580
$242.50	Nov 13	4.25	5.30	$4.78	22.0%	582	0.47	81
$240.00	Nov 6	0.00	0.01	$0.01	100.0%	577	0.01	1.0K
$220.00	Dec 18	3.40	3.90	$3.65	13.7%	576	0.20	4.4K
$235.00	Nov 6	0.00	0.02	$0.01	200.0%	469	0.01	601

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 847.8%, max 1743.2%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$232.50	Nov 6	Nov 13	696.8%	40.4%	1623.2%	31	37
$245.00	Nov 6	Dec 18	43.1%	38.3%	12.4%	804	956

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$232.50	Nov 6	Nov 20	696.8%	37.8%	1743.2%	66	438
$245.00	Nov 6	Dec 18	43.1%	38.3%	12.4%	377	1.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 141 found (best R:R 2.92, avg 7.25)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$250.00	$260.00	Dec 11	$2.55	$7.45	$2.55	42%	2.92	$252.55
$230.00	$240.00	Dec 11	$6.05	$3.95	$6.05	72%	0.65	$236.05
$230.00	$235.00	Dec 18	$3.02	$1.98	$3.02	70%	0.66	$233.02
$270.00	$275.00	Dec 11	$0.51	$4.49	$0.51	18%	8.80	$270.51
$235.00	$240.00	Dec 18	$2.83	$2.17	$2.83	64%	0.77	$237.83

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$210.00	$200.00	Dec 11	$0.17	$9.83	$0.17	8%	57.82	$209.83
$245.00	$240.00	Dec 11	$1.90	$3.10	$1.90	50%	1.63	$243.10
$240.00	$235.00	Dec 4	$1.63	$3.37	$1.63	43%	2.07	$238.37
$250.00	$245.00	Dec 4	$2.57	$2.43	$2.57	59%	0.95	$247.43
$235.00	$230.00	Dec 11	$1.38	$3.62	$1.38	36%	2.62	$233.62

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 104 found (best R:R 0.72, avg 0.26)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$265.00	$270.00	Dec 11	$1.27	$1.27	$3.73	76%	0.34	$266.27
$260.00	$265.00	Dec 11	$1.55	$1.55	$3.45	70%	0.45	$261.55
$287.50	$290.00	Nov 13	$0.32	$0.32	$2.18	94%	0.15	$287.82
$255.00	$260.00	Dec 4	$1.52	$1.52	$3.48	67%	0.44	$256.52
$275.00	$280.00	Dec 11	$0.68	$0.68	$4.32	85%	0.16	$275.68

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$232.50	$230.00	Nov 6	$1.05	$1.05	$1.45	84%	0.72	$231.45
$207.50	$205.00	Nov 20	$0.88	$0.88	$1.62	92%	0.54	$206.62
$215.00	$210.00	Dec 11	$1.11	$1.11	$3.89	86%	0.29	$213.89
$240.00	$235.00	Dec 11	$2.57	$2.57	$2.43	57%	1.06	$237.43
$240.00	$235.00	Dec 18	$2.30	$2.30	$2.70	57%	0.85	$237.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $4.64, cheapest $3.76)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$245.00	Nov 6	Nov 13	$3.76	43.1%	36.5%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$245.00	Nov 6	Nov 13	$5.53	43.1%	36.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 66 found (cheapest 0.26% of stock, avg 6.80%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$245.00	Nov 6	$0.29	$0.35	$0.64	$244.36	$245.64	0.26%
$242.50	Nov 6	$2.55	$0.02	$2.57	$239.93	$245.07	1.05%
$247.50	Nov 6	$0.01	$2.93	$2.94	$244.56	$250.44	1.20%
$240.00	Nov 6	$4.82	$0.01	$4.83	$235.17	$244.83	1.97%
$250.00	Nov 6	$0.01	$4.88	$4.89	$245.11	$254.89	2.00%
$237.50	Nov 6	$7.43	$0.01	$7.44	$230.06	$244.94	3.04%
$252.50	Nov 6	$0.03	$7.75	$7.78	$244.72	$260.28	3.18%
$235.00	Nov 6	$9.28	$0.01	$9.29	$225.71	$244.29	3.79%
$245.00	Nov 13	$4.05	$5.88	$9.93	$235.07	$254.93	4.05%
$242.50	Nov 13	$5.48	$4.78	$10.26	$232.24	$252.76	4.19%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.56% of stock, avg 3.98%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$245.00	$232.50	Nov 6	$0.29	$1.07	$1.36	$231.14	$246.36
$255.00	$232.50	Nov 13	$1.09	$1.61	$2.70	$229.80	$257.70
$265.00	$220.00	Nov 27	$1.49	$1.40	$2.89	$217.11	$267.89
$252.50	$232.50	Nov 13	$1.57	$1.61	$3.18	$229.32	$255.68
$255.00	$235.00	Nov 13	$1.09	$2.02	$3.11	$231.89	$258.11
$252.50	$235.00	Nov 13	$1.57	$2.02	$3.59	$231.41	$256.09
$265.00	$225.00	Nov 27	$1.49	$2.13	$3.62	$221.38	$268.62
$250.00	$232.50	Nov 13	$2.17	$1.61	$3.78	$228.72	$253.78
$260.00	$220.00	Nov 27	$2.42	$1.40	$3.82	$216.18	$263.82
$250.00	$235.00	Nov 13	$2.17	$2.02	$4.19	$230.81	$254.19

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 284 found (best R:R 0.85, avg credit $1.10)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
230/232	272/275	Nov 6	$1.15	$1.35	82%	0.85	$231.35	$273.65
205/208	252/255	Nov 20	$1.54	$0.96	61%	1.60	$205.96	$254.04
210/215	265/270	Dec 11	$2.38	$2.62	62%	0.91	$212.62	$267.38
210/215	260/265	Dec 11	$2.66	$2.34	56%	1.14	$212.34	$262.66
210/215	275/280	Dec 11	$1.79	$3.21	72%	0.56	$213.21	$276.79
205/208	285/290	Nov 20	$0.99	$4.01	87%	0.25	$206.51	$285.99
205/208	275/280	Nov 20	$0.99	$4.01	86%	0.25	$206.51	$275.99
205/208	270/275	Nov 20	$1.10	$3.90	84%	0.28	$206.40	$271.10
205/208	260/265	Nov 20	$1.56	$3.44	74%	0.45	$205.94	$261.56
205/208	265/270	Nov 20	$1.23	$3.77	80%	0.33	$206.27	$266.23

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 133 found (best R:R 6.81, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$225.00	$230.00	$235.00	Nov 20	$0.09	$4.91	18%	54.56
$245.00	$247.50	$250.00	Nov 6	$0.28	$2.22	47%	7.93
$250.00	$255.00	$260.00	Dec 4	$0.11	$4.89	15%	44.45
$242.50	$245.00	$247.50	Nov 6	$1.98	$0.52	99%	0.26
$255.00	$260.00	$265.00	Nov 27	$0.15	$4.85	14%	32.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$240.00	$242.50	$245.00	Nov 6	$0.32	$2.18	52%	6.81
$250.00	$255.00	$260.00	Nov 27	$0.13	$4.87	16%	37.46
$235.00	$240.00	$245.00	Dec 18	$0.15	$4.85	13%	32.33
$240.00	$245.00	$250.00	Dec 18	$0.15	$4.85	13%	32.33
$225.00	$230.00	$235.00	Dec 18	$0.13	$4.87	12%	37.46

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 156 found (best net $-0.76, 141 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$225.00	$235.00	1:2	Nov 27	-$5.38	$4.62
$240.00	$242.50	1:2	Nov 6	-$0.28	$2.22
$250.00	$260.00	1:2	Dec 11	-$2.73	$7.27
$235.00	$240.00	1:2	Nov 13	-$3.36	$1.64
$260.00	$265.00	1:2	Nov 20	-$0.27	$4.73

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$280.00	$260.00	1:2	Nov 27	-$0.76	$19.24
$270.00	$255.00	1:2	Nov 20	-$1.33	$13.67
$250.00	$247.50	1:2	Nov 6	-$0.98	$1.52
$252.50	$250.00	1:2	Nov 6	-$2.01	$0.49
$212.50	$210.00	1:2	Nov 13	-$0.01	$2.49

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 54 found (best yield 4.55%, avg 1.19%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$245.00	Dec 18	$11.15	0.50	0.0%	4.55%	4.55%	22	758
$250.00	Dec 18	$8.95	0.44	2.0%	3.65%	5.69%	258	2.3K
$255.00	Dec 18	$7.05	0.37	4.1%	2.88%	6.96%	374	2.8K
$260.00	Dec 18	$5.30	0.31	6.1%	2.16%	8.29%	153	2.0K
$265.00	Dec 18	$4.20	0.26	8.2%	1.71%	9.88%	72	1.2K
$245.00	Dec 11	$9.05	0.50	0.0%	3.69%	3.69%	5	--
$250.00	Dec 11	$6.90	0.42	2.0%	2.82%	4.86%	2	4
$260.00	Dec 11	$4.35	0.30	6.1%	1.78%	7.90%	2	12
$270.00	Dec 18	$3.20	0.21	10.2%	1.31%	11.51%	278	2.3K
$245.00	Dec 4	$8.30	0.49	0.0%	3.39%	3.39%	6	8

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 19,037

Total Puts 11,751

Put/Call Ratio 0.62

Net Difference 7,286

Prior's Put/Call Breakdown

Total Calls 21,142

Total Puts 18,916

Put/Call Ratio 0.89

Net Difference 2,226

Prior 7-Day Put/Call Summary

Total Calls 162,607

Total Puts 82,210

Average Put/Call Ratio 0.52

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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