Tour v482
IBM
IBM CORP
$226.97 +1.48%
(8/3 09:40) ◀
|
Monday, August 3, 2026 (9:45am)
January 2026
|
▶ (8/3 09:50)
◀ 8/3 09:45 ▶

Option Volume

Detail
ℹ
Current (08/03 9:45am) 8,621
Calls: 7,729 (90%)
Puts: 892 (10%)
Prior (07/23) 30,615
Calls: 21,192 (69%)
Puts: 9,423 (31%)
Current vs Prior -71.84%
Calls: -63.53% (Calls)
Puts: -90.53% (Puts)
Prior 7-Day Total 705,379
Calls: 453,724 (64%)
Puts: 251,655 (36%)
Prior 7-Day Average 100,768
Calls: 64,817 (64%)
Puts: 35,950 (36%)
Current vs Prior 7-Day Avg -91.44%
Calls: -88.08%
Puts: -97.52%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (08/03 9:45am) $4.44M
Calls: $3.17M (71%)
Puts: $1.27M (29%)
Prior (07/23) $10.47M
Calls: $5.15M (49%)
Puts: $5.32M (51%)
Current vs Prior -57.59%
Calls: -38.44%
Puts: -76.16%
Prior 7-Day Total $514.06M
Calls: $261.60M (51%)
Puts: $252.46M (49%)
Prior 7-Day Average $73.44M
Calls: $37.37M (51%)
Puts: $36.07M (49%)
Current vs Prior 7-Day Avg -93.95%
Calls: -91.51%
Puts: -96.49%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (08/03 9:45am) 0.12
Prior (07/23) 0.44
Current vs Prior -74.04%
Prior 7-Day Average 0.42
Current vs Prior 7-Day Avg -72.70%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (08/03 9:45am) 726,431
Calls: 414,302 (57%)
Puts: 312,129 (43%)
Prior (07/23) 827,167
Calls: 482,553 (58%)
Puts: 344,614 (42%)
Current vs Prior -12.18%
Prior 7-Day Total 4,542,066
Calls: 2,639,590 (58%)
Puts: 1,902,476 (42%)
Prior 7-Day Average 648,866
Calls: 377,084 (58%)
Puts: 271,782 (42%)
Current vs Prior 7-Day Avg +11.95%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 4.87% | 7.03%8.29% | 12.98%
Prior 3.71% | 6.37%10.44% | 14.89%
Current vs Prior +31.25% | +10.32%-20.62% | -12.87%
Prior 7-Day Avg 4.98% | 7.58%10.20% | 15.61%
Current vs 7-Day Avg -2.29% | -7.34%-18.77% | -16.87%
Prior 7-Day Eod 3.71% | 6.37%8.41% | 13.16%
Current vs 7-Day Eod +31.25% | +10.32%-1.52% | -1.40%
Sentiment BEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 22.12% | 21.11%
Calls: 12.17% | 17.22%
Puts: 32.08% | 25.00%
Prior 20.09% | 26.45%
Calls: 19.28% | 21.43%
Puts: 20.90% | 31.46%
Current vs Prior +10.10% | -20.19%
Prior 7-Day Avg 16.02% | 15.61%
Calls: 13.11% | 12.45%
Puts: 18.93% | 18.76%
Current vs 7-Day Avg +38.07% | +35.27%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 71% call dollar volume ($3.17M). Light premium activity with dollar volume down 58% vs prior. Below-average activity with volume down 72% vs prior. Extreme bullish P/C ratio of 0.12 - heavy call buying (7,729 calls vs 892 puts).

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
09:45BULLISHBULLISHBULLISH
09:40BULLISHBULLISHBULLISH
09:35BULLISHBULLISHBULLISH

📈 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

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 36 of results (avg 8.2%, best 4.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Aug 216.707.10$6.905.8%1490.444.6K
$235.00Aug 215.005.30$5.155.8%3460.351.9K
$200.00Aug 2126.5028.30$27.406.6%50.96606
$182.50Aug 742.6045.70$44.157.0%141.001
$222.50Aug 219.9510.75$10.357.7%70.57220
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$260.00Aug 2134.4036.00$35.204.5%50.91738
$265.00Aug 2138.7040.85$39.785.4%--0.93676
$270.00Aug 2143.7546.85$45.306.8%--0.94789
$260.00Aug 1433.7536.15$34.956.9%--0.9437
$270.00Aug 1443.5546.65$45.106.9%--0.9633

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.33, cheapest $0.33)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Aug 70.310.35$0.3312.1%460.061.9K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 91 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$182.50Aug 742.6045.70$44.157.0%141.001
$185.00Aug 740.1043.70$41.908.6%--1.0012
$190.00Aug 735.1538.50$36.839.1%--1.0028
$192.50Aug 732.7036.20$34.4510.2%--1.0011
$195.00Aug 730.3032.80$31.557.9%--1.0018
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$255.00Aug 727.0530.15$28.6010.8%10.979
$270.00Aug 1443.5546.65$45.106.9%--0.9633
$257.50Aug 729.6532.60$31.139.5%10.95--
$265.00Aug 1438.7541.75$40.257.5%--0.9546
$250.00Aug 722.2025.15$23.6712.5%--0.9445

Most actively traded options today. High liquidity = easy entry/exit. 127 active (total vol 4.7K, top 1.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$232.50Aug 72.502.79$2.6510.9%1.7K0.34548
$235.00Aug 215.005.30$5.155.8%3460.351.9K
$240.00Aug 71.001.13$1.0712.1%3080.172.2K
$235.00Aug 71.872.12$2.0012.5%2460.271.5K
$230.00Aug 73.453.75$3.608.3%1950.401.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$205.00Aug 70.110.26$0.1978.9%400.04829
$225.00Aug 73.354.00$3.6817.7%370.43262
$200.00Aug 70.070.14$0.1163.6%320.021.6K
$220.00Aug 215.556.85$6.2021.0%280.383.6K
$185.00Aug 210.260.45$0.3652.8%230.033.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 54 strikes (avg 29.8%, max 117.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$185.00Aug 7Aug 28101.3%46.5%117.9%--28
$270.00Aug 7Aug 2887.8%47.6%84.7%--423
$190.00Aug 7Aug 2878.9%45.0%75.2%--153
$265.00Aug 7Aug 2880.9%47.2%71.4%3563
$195.00Aug 7Aug 2865.5%43.6%50.3%--30
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$185.00Aug 7Sep 4101.3%48.9%107.4%--198
$190.00Aug 7Sep 478.9%42.9%83.9%11569
$197.50Aug 7Aug 2181.5%44.4%83.4%3437
$195.00Aug 7Sep 1165.5%44.2%48.3%1399
$200.00Aug 7Sep 1157.1%42.0%36.0%341.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 130 found (best R:R 49.00, avg 6.10)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$255.00$260.00Aug 14$0.10$4.90$0.1049.00$255.10
$260.00$265.00Aug 14$0.11$4.89$0.1144.45$260.11
$260.00$265.00Aug 21$0.13$4.87$0.1337.46$260.13
$265.00$270.00Aug 21$0.13$4.87$0.1337.46$265.13
$247.50$250.00Aug 14$0.12$2.38$0.1219.83$247.62
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$190.00$185.00Aug 21$0.17$4.83$0.1728.41$189.83
$210.00$207.50Aug 7$0.11$2.39$0.1121.73$209.89
$205.00$202.50Aug 14$0.11$2.39$0.1121.73$204.89
$197.50$195.00Aug 14$0.12$2.38$0.1219.83$197.38
$190.00$185.00Aug 28$0.27$4.73$0.2717.52$189.73

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 175 found (best R:R 49.00, avg 2.71)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$205.00$210.00Aug 14$4.90$4.90$0.1049.00$209.90
$190.00$195.00Aug 28$4.89$4.89$0.1144.45$194.89
$190.00$192.50Aug 7$2.38$2.38$0.1219.83$192.38
$195.00$200.00Aug 7$4.75$4.75$0.2519.00$199.75
$195.00$197.50Aug 21$2.35$2.35$0.1515.67$197.35
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$270.00$265.00Aug 14$4.85$4.85$0.1532.33$265.15
$255.00$250.00Aug 14$4.77$4.77$0.2320.74$250.23
$255.00$250.00Aug 21$4.75$4.75$0.2519.00$250.25
$250.00$245.00Aug 7$4.72$4.72$0.2816.86$245.28
$265.00$260.00Aug 21$4.58$4.58$0.4210.90$260.42

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 47 found (avg debit $1.41, cheapest $0.09)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$190.00Aug 7Aug 14$0.0978.9%53.2%
$195.00Aug 7Aug 14$0.2565.5%49.6%
$260.00Aug 7Aug 14$0.3460.7%50.2%
$210.00Aug 7Aug 14$0.3749.0%45.3%
$255.00Aug 7Aug 14$0.3957.7%46.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$190.00Aug 7Aug 14$0.1578.9%53.2%
$270.00Aug 14Aug 21$0.2053.3%48.1%
$192.50Aug 7Aug 14$0.2259.8%48.9%
$260.00Aug 14Aug 21$0.2550.2%44.1%
$195.00Aug 7Aug 14$0.3065.5%49.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 89 found (cheapest 4.15% of stock, avg 11.06%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$225.00Aug 7$5.75$3.68$9.43$215.57$234.434.15%
$227.50Aug 7$4.53$5.30$9.83$217.67$237.334.33%
$222.50Aug 7$7.38$2.84$10.22$212.28$232.724.50%
$230.00Aug 7$3.60$6.63$10.23$219.77$240.234.51%
$220.00Aug 7$8.95$1.96$10.91$209.09$230.914.81%
$232.50Aug 7$2.65$8.50$11.15$221.35$243.654.91%
$217.50Aug 7$10.70$1.50$12.20$205.30$229.705.38%
$235.00Aug 7$2.00$10.38$12.38$222.62$247.385.45%
$215.00Aug 7$12.63$0.91$13.54$201.46$228.545.97%
$222.50Aug 14$8.82$5.75$14.57$207.93$237.076.42%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 141 found (cheapest 1.03% of stock, avg 4.59%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$237.50$215.00Aug 7$1.43$0.91$2.34$212.66$239.84
$235.00$215.00Aug 7$2.00$0.91$2.91$212.09$237.91
$237.50$217.50Aug 7$1.43$1.50$2.93$214.57$240.43
$237.50$220.00Aug 7$1.43$1.96$3.39$216.61$240.89
$235.00$217.50Aug 7$2.00$1.50$3.50$214.00$238.50
$232.50$215.00Aug 7$2.65$0.91$3.56$211.44$236.06
$235.00$220.00Aug 7$2.00$1.96$3.96$216.04$238.96
$232.50$217.50Aug 7$2.65$1.50$4.15$213.35$236.65
$237.50$222.50Aug 7$1.43$2.84$4.27$218.23$241.77
$230.00$215.00Aug 7$3.60$0.91$4.51$210.49$234.51

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 184 found (best R:R 24.00, avg credit $2.88)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
192/195202/205Aug 21$2.40$0.1024.00$192.60$204.90
185/190195/200Aug 28$4.80$0.2024.00$185.20$199.80
220/225230/235Sep 4$4.80$0.2024.00$220.20$234.80
195/198202/205Aug 21$2.39$0.1121.73$195.11$204.89
198/200202/205Aug 21$2.37$0.1318.23$197.63$204.87
190/195200/205Aug 28$4.73$0.2717.52$190.27$204.73
215/220225/230Sep 4$4.68$0.3214.62$215.32$229.68
202/205208/210Aug 21$2.33$0.1713.71$202.67$209.83
185/190200/205Aug 28$4.62$0.3812.16$185.38$204.62
192/195200/205Aug 14$4.54$0.469.87$190.46$204.54

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 110 found (best R:R 70.43, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$240.00$245.00$250.00Sep 4$0.07$4.9370.43
$190.00$195.00$200.00Aug 14$0.12$4.8840.67
$185.00$190.00$195.00Aug 28$0.12$4.8840.67
$255.00$260.00$265.00Aug 28$0.13$4.8737.46
$237.50$240.00$242.50Aug 7$0.07$2.4334.71
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$185.00$190.00$195.00Aug 28$0.11$4.8944.45
$210.00$212.50$215.00Aug 21$0.07$2.4334.71
$212.50$215.00$217.50Aug 21$0.07$2.4334.71
$205.00$210.00$215.00Aug 28$0.18$4.8226.78
$220.00$222.50$225.00Aug 21$0.10$2.4024.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 102 found (best net $-0.55, 94 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$240.00$255.001:2Sep 11-$0.55$14.45
$255.00$260.001:2Aug 21-$0.16$4.84
$260.00$265.001:2Aug 14-$0.23$4.77
$265.00$270.001:2Aug 7-$0.28$4.72
$255.00$260.001:2Aug 14-$0.35$4.65
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$240.00$230.001:2Aug 14-$2.69$7.31
$190.00$185.001:2Aug 21-$0.19$4.81
$190.00$185.001:2Aug 14-$0.32$4.68
$190.00$185.001:2Aug 28-$0.32$4.68
$195.00$190.001:2Aug 28-$0.48$4.52

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 54 found (best yield 3.99%, avg 1.32%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$230.00Sep 11$9.050.471.3%3.99%5.32%3--
$230.00Sep 4$8.200.451.3%3.61%4.95%9185
$227.50Aug 21$7.550.480.2%3.33%3.56%30506
$230.00Aug 28$7.500.451.3%3.30%4.64%18352
$235.00Sep 11$7.000.413.5%3.08%6.62%--21
$230.00Aug 21$6.700.441.3%2.95%4.29%1494.6K
$235.00Aug 28$6.300.383.5%2.78%6.31%1203
$235.00Sep 4$6.300.383.5%2.78%6.31%--29
$240.00Sep 11$5.650.355.7%2.49%8.23%11
$227.50Aug 14$5.200.470.2%2.29%2.52%956

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 7,729
Total Puts 892
Put/Call Ratio 0.12
Net Difference 6,837

Prior's Put/Call Breakdown

Total Calls 21,192
Total Puts 9,423
Put/Call Ratio 0.44
Net Difference 11,769

Prior 7-Day Put/Call Summary

Total Calls 453,724
Total Puts 251,655
Average Put/Call Ratio 0.42
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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Chart Title

Price — Past 7 Days

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