Tour v482
IBM
IBM CORP
$225.44 +0.80%
(8/3 10:20) ◀
|
Monday, August 3, 2026 (10:25am)
January 2026
|
▶ (8/3 10:30)
◀ 8/3 10:25 ▶

Option Volume

Detail
ℹ
Current (08/03 10:25am) 22,976
Calls: 19,710 (86%)
Puts: 3,266 (14%)
Prior (07/23) 43,469
Calls: 28,149 (65%)
Puts: 15,320 (35%)
Current vs Prior -47.14%
Calls: -29.98% (Calls)
Puts: -78.68% (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 -77.20%
Calls: -69.59%
Puts: -90.92%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (08/03 10:25am) $13.47M
Calls: $9.73M (72%)
Puts: $3.74M (28%)
Prior (07/23) $20.05M
Calls: $7.61M (38%)
Puts: $12.44M (62%)
Current vs Prior -32.82%
Calls: +27.85%
Puts: -69.92%
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 -81.66%
Calls: -73.97%
Puts: -89.62%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (08/03 10:25am) 0.17
Prior (07/23) 0.54
Current vs Prior -69.55%
Prior 7-Day Average 0.42
Current vs Prior 7-Day Avg -60.81%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (08/03 10:25am) 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% | 7.02%8.37% | 13.25%
Prior 3.71% | 6.37%10.44% | 14.89%
Current vs Prior +31.31% | +10.23%-19.83% | -11.02%
Prior 7-Day Avg 4.98% | 7.58%10.20% | 15.61%
Current vs 7-Day Avg -2.25% | -7.42%-17.95% | -15.12%
Prior 7-Day Eod 3.71% | 6.37%8.41% | 13.16%
Current vs 7-Day Eod +31.31% | +10.23%-0.53% | +0.69%
Sentiment BEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 11.12% | 9.73%
Calls: 7.92% | 5.24%
Puts: 14.33% | 14.21%
Prior 20.09% | 26.45%
Calls: 19.28% | 21.43%
Puts: 20.90% | 31.46%
Current vs Prior -44.65% | -63.21%
Prior 7-Day Avg 16.02% | 15.61%
Calls: 13.11% | 12.45%
Puts: 18.93% | 18.76%
Current vs 7-Day Avg -30.59% | -37.65%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Moderately bullish flow with 72% call dollar volume ($9.73M). Below-average activity with volume down 47% vs prior. Extreme bullish P/C ratio of 0.17 - heavy call buying (19,710 calls vs 3,266 puts). P/C ratio dropping 70% - 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 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
10:25BULLISHBULLISHBULLISH
10:20BULLISHBULLISHBULLISH
10:15BULLISHBULLISHBULLISH
10:10BULLISHBULLISHBULLISH
10:05BULLISHBULLISHBULLISH
10:00BULLISHBULLISHBULLISH
09:55BULLISHBULLISHBULLISH
09:50BULLISHBULLISHBULLISH
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 68 of results (avg 7.6%, best 2.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Aug 730.2030.95$30.582.5%--0.9918
$235.00Aug 71.651.70$1.673.0%9730.241.5K
$225.00Aug 289.7010.10$9.904.0%240.51708
$225.00Aug 146.506.85$6.685.2%270.50319
$182.50Aug 741.9544.40$43.185.7%181.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$260.00Aug 2136.1537.70$36.924.2%300.91738
$200.00Aug 282.012.10$2.054.4%350.15513
$230.00Aug 2813.0013.65$13.334.9%10.5697
$225.00Aug 2810.1010.70$10.405.8%10.4980
$265.00Aug 2140.3542.75$41.555.8%20.93676

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 13 found (avg $0.67, cheapest $0.31)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Aug 70.280.34$0.3119.4%1290.051.9K
$247.50Aug 70.350.41$0.3815.8%100.0742
$245.00Aug 70.480.56$0.5215.4%810.09757
$270.00Aug 210.470.56$0.5217.3%460.053.1K
$242.50Aug 70.630.72$0.6813.2%630.11297
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Aug 70.430.49$0.4613.0%430.081.1K
$212.50Aug 70.660.74$0.7011.4%120.12680
$195.00Aug 210.750.88$0.8215.9%360.083.1K
$190.00Aug 280.831.00$0.9218.5%320.07722

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 93 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Aug 1434.0037.00$35.508.5%--1.0050
$195.00Aug 1428.9532.05$30.5010.2%--1.0042
$185.00Aug 2138.7042.00$40.358.2%--1.0038
$190.00Aug 2133.7537.05$35.409.3%--1.00162
$185.00Aug 2839.3542.05$40.706.6%--1.0016
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$255.00Aug 727.9531.00$29.4810.3%11.009
$270.00Aug 1444.4547.50$45.986.6%--0.9733
$265.00Aug 1439.5042.60$41.057.6%--0.9546
$257.50Aug 730.4533.50$31.989.5%10.95--
$250.00Aug 723.5526.15$24.8510.5%--0.9445

Most actively traded options today. High liquidity = easy entry/exit. 180 active (total vol 13.1K, top 2.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$232.50Aug 72.072.32$2.1911.4%2.8K0.30548
$235.00Aug 214.504.80$4.656.5%1.5K0.331.9K
$250.00Aug 211.721.89$1.819.4%1.5K0.157.6K
$235.00Aug 71.651.70$1.673.0%9730.241.5K
$230.00Aug 72.853.05$2.956.8%6490.371.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$207.50Aug 141.251.60$1.4324.5%1990.1582
$215.00Aug 71.021.10$1.067.5%1630.171.1K
$207.50Aug 70.250.34$0.3030.0%1310.061.4K
$220.00Aug 72.162.41$2.2910.9%1210.30846
$205.00Aug 140.961.15$1.0617.9%990.12864

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 57 strikes (avg 27.3%, max 114.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$185.00Aug 7Aug 2898.9%46.2%114.3%--28
$270.00Aug 7Aug 2887.2%49.7%75.6%--423
$190.00Aug 7Aug 2869.9%45.0%55.3%--153
$265.00Aug 7Aug 2871.8%47.3%51.9%4563
$260.00Aug 7Sep 464.6%44.2%46.4%36873
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$185.00Aug 7Sep 498.9%47.2%109.8%1198
$197.50Aug 7Aug 2190.5%43.9%106.3%6437
$190.00Aug 7Sep 469.9%43.0%62.4%16569
$195.00Aug 7Sep 1161.8%42.6%45.0%3399
$192.50Aug 7Aug 2158.6%44.3%32.2%17731

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 131 found (best R:R 44.45, avg 5.40)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$265.00$270.00Aug 28$0.13$4.87$0.1337.46$265.13
$265.00$270.00Aug 21$0.17$4.83$0.1728.41$265.17
$260.00$265.00Aug 21$0.24$4.76$0.2419.83$260.24
$257.50$260.00Aug 7$0.13$2.37$0.1318.23$257.63
$245.00$247.50Aug 7$0.14$2.36$0.1416.86$245.14
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$190.00$185.00Sep 4$0.11$4.89$0.1144.45$189.89
$190.00$185.00Aug 21$0.16$4.84$0.1630.25$189.84
$197.50$195.00Aug 14$0.15$2.35$0.1515.67$197.35
$190.00$185.00Aug 28$0.31$4.69$0.3115.13$189.69
$210.00$207.50Aug 7$0.16$2.34$0.1614.62$209.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 182 found (best R:R 49.00, avg 3.09)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$200.00$205.00Aug 14$4.88$4.88$0.1240.67$204.88
$205.00$207.50Aug 7$2.40$2.40$0.1024.00$207.40
$195.00$200.00Aug 28$4.80$4.80$0.2024.00$199.80
$195.00$200.00Aug 14$4.77$4.77$0.2320.74$199.77
$195.00$197.50Aug 21$2.37$2.37$0.1318.23$197.37
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$265.00$260.00Aug 14$4.90$4.90$0.1049.00$260.10
$260.00$255.00Aug 14$4.82$4.82$0.1826.78$255.18
$250.00$245.00Aug 7$4.80$4.80$0.2024.00$245.20
$250.00$245.00Aug 14$4.68$4.68$0.3214.62$245.32
$270.00$265.00Aug 21$4.68$4.68$0.3214.62$265.32

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 50 found (avg debit $1.39, cheapest $0.11)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$257.50Aug 7Aug 14$0.2268.5%49.3%
$200.00Aug 7Aug 14$0.2553.9%46.2%
$265.00Aug 7Aug 14$0.2571.8%54.6%
$260.00Aug 7Aug 14$0.2964.6%50.7%
$255.00Aug 7Aug 14$0.3360.6%47.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$190.00Aug 7Aug 14$0.1169.9%48.2%
$192.50Aug 7Aug 14$0.2058.6%47.2%
$195.00Aug 7Aug 14$0.2561.8%46.8%
$270.00Aug 14Aug 21$0.2551.6%49.7%
$265.00Aug 14Aug 21$0.5054.6%48.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 92 found (cheapest 4.16% of stock, avg 10.92%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$225.00Aug 7$5.05$4.33$9.38$215.62$234.384.16%
$222.50Aug 7$6.40$3.23$9.63$212.87$232.134.27%
$227.50Aug 7$4.00$5.93$9.93$217.57$237.434.40%
$220.00Aug 7$8.05$2.29$10.34$209.66$230.344.59%
$230.00Aug 7$2.95$7.53$10.48$219.52$240.484.65%
$232.50Aug 7$2.19$9.23$11.42$221.08$243.925.07%
$217.50Aug 7$9.88$1.59$11.47$206.03$228.975.09%
$235.00Aug 7$1.67$11.08$12.75$222.25$247.755.66%
$215.00Aug 7$11.95$1.06$13.01$201.99$228.015.77%
$225.00Aug 14$6.68$7.38$14.06$210.94$239.066.24%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 1.03% of stock, avg 4.61%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$237.50$215.00Aug 7$1.27$1.06$2.33$212.67$239.83
$235.00$215.00Aug 7$1.67$1.06$2.73$212.27$237.73
$237.50$217.50Aug 7$1.27$1.59$2.86$214.64$240.36
$232.50$215.00Aug 7$2.19$1.06$3.25$211.75$235.75
$235.00$217.50Aug 7$1.67$1.59$3.26$214.24$238.26
$237.50$220.00Aug 7$1.27$2.29$3.56$216.44$241.06
$232.50$217.50Aug 7$2.19$1.59$3.78$213.72$236.28
$235.00$220.00Aug 7$1.67$2.29$3.96$216.04$238.96
$230.00$215.00Aug 7$2.95$1.06$4.01$210.99$234.01
$232.50$220.00Aug 7$2.19$2.29$4.48$215.52$236.98

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 206 found (best R:R 21.73, avg credit $2.84)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
198/200205/208Aug 21$2.39$0.1121.73$197.61$207.39
205/208210/212Aug 21$2.37$0.1318.23$205.13$212.37
215/218222/225Aug 14$2.36$0.1416.86$215.14$224.86
195/198200/202Aug 21$2.35$0.1515.67$195.15$202.35
200/205210/215Aug 28$4.68$0.3214.62$200.32$214.68
192/195205/208Aug 21$2.33$0.1713.71$192.67$207.33
202/205210/212Aug 21$2.30$0.2011.50$202.70$212.30
212/215222/225Aug 14$2.29$0.2110.90$212.71$224.79
210/215220/225Sep 4$4.55$0.4510.11$210.45$224.55
190/195200/205Aug 28$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. 128 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$255.00$260.00$265.00Aug 21$0.06$4.9482.33
$260.00$265.00$270.00Aug 21$0.07$4.9370.43
$260.00$265.00$270.00Aug 7$0.12$4.8840.67
$245.00$250.00$255.00Aug 21$0.13$4.8737.46
$250.00$255.00$260.00Aug 28$0.13$4.8737.46
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$260.00$265.00$270.00Aug 21$0.05$4.9599.00
$255.00$260.00$265.00Aug 14$0.08$4.9261.50
$192.50$195.00$197.50Aug 14$0.06$2.4440.67
$215.00$217.50$220.00Aug 14$0.06$2.4440.67
$190.00$192.50$195.00Aug 7$0.07$2.4334.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 106 found (best net $-2.00, 101 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$240.00$250.001:2Sep 11-$2.00$8.00
$260.00$265.001:2Aug 7-$0.13$4.87
$260.00$265.001:2Aug 14-$0.34$4.66
$265.00$270.001:2Aug 21-$0.35$4.65
$265.00$270.001:2Aug 7-$0.37$4.63
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$190.00$185.001:2Aug 14-$0.13$4.87
$190.00$185.001:2Aug 21-$0.20$4.80
$190.00$185.001:2Aug 28-$0.30$4.70
$195.00$190.001:2Sep 4-$0.36$4.64
$195.00$190.001:2Aug 28-$0.43$4.57

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 57 found (best yield 3.95%, avg 1.27%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$230.00Sep 11$8.900.452.0%3.95%5.97%4--
$230.00Sep 4$8.600.452.0%3.81%5.84%17185
$230.00Aug 28$7.600.432.0%3.37%5.39%28352
$235.00Sep 11$7.050.404.2%3.13%7.37%--21
$227.50Aug 21$6.800.460.9%3.02%3.93%33506
$235.00Sep 4$6.550.384.2%2.91%7.15%1229
$230.00Aug 21$6.050.412.0%2.68%4.71%2294.6K
$235.00Aug 28$5.700.364.2%2.53%6.77%17203
$240.00Sep 11$5.500.346.5%2.44%8.90%11
$227.50Aug 14$5.350.440.9%2.37%3.29%4456

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 19,710
Total Puts 3,266
Put/Call Ratio 0.17
Net Difference 16,444

Prior's Put/Call Breakdown

Total Calls 28,149
Total Puts 15,320
Put/Call Ratio 0.54
Net Difference 12,829

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
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...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All