Tour v482
IBM
IBM CORP
$225.97 +1.04%
(8/3 10:25) ◀
|
Monday, August 3, 2026 (10:30am)
January 2026
|
▶ (8/3 10:35)
◀ 8/3 10:30 ▶

Option Volume

Detail
ℹ
Current (08/03 10:30am) 23,643
Calls: 20,224 (86%)
Puts: 3,419 (14%)
Prior (07/23) 43,469
Calls: 28,149 (65%)
Puts: 15,320 (35%)
Current vs Prior -45.61%
Calls: -28.15% (Calls)
Puts: -77.68% (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 -76.54%
Calls: -68.80%
Puts: -90.49%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (08/03 10:30am) $14.00M
Calls: $10.18M (73%)
Puts: $3.82M (27%)
Prior (07/23) $20.05M
Calls: $7.61M (38%)
Puts: $12.44M (62%)
Current vs Prior -30.20%
Calls: +33.74%
Puts: -69.30%
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 -80.94%
Calls: -72.77%
Puts: -89.41%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (08/03 10:30am) 0.17
Prior (07/23) 0.54
Current vs Prior -68.94%
Prior 7-Day Average 0.42
Current vs Prior 7-Day Avg -60.00%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (08/03 10:30am) 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 4.74% | 7.06%8.46% | 13.27%
Prior 3.71% | 6.37%10.44% | 14.89%
Current vs Prior +27.78% | +10.81%-18.95% | -10.91%
Prior 7-Day Avg 4.98% | 7.58%10.20% | 15.61%
Current vs 7-Day Avg -4.88% | -6.93%-17.06% | -15.00%
Prior 7-Day Eod 3.71% | 6.37%8.41% | 13.16%
Current vs 7-Day Eod +27.78% | +10.81%+0.55% | +0.82%
Sentiment BEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 10.28% | 11.36%
Calls: 10.52% | 7.25%
Puts: 10.04% | 15.47%
Prior 20.09% | 26.45%
Calls: 19.28% | 21.43%
Puts: 20.90% | 31.46%
Current vs Prior -48.83% | -57.05%
Prior 7-Day Avg 16.02% | 15.61%
Calls: 13.11% | 12.45%
Puts: 18.93% | 18.76%
Current vs 7-Day Avg -35.84% | -27.21%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 73% call dollar volume ($10.18M). Below-average activity with volume down 46% vs prior. Extreme bullish P/C ratio of 0.17 - heavy call buying (20,224 calls vs 3,419 puts). P/C ratio dropping 69% - 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
10:30BULLISHBULLISHBULLISH
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 64 of results (avg 8.0%, best 4.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$182.50Aug 742.4044.40$43.404.6%201.001
$195.00Aug 730.4031.90$31.154.8%--1.0018
$185.00Aug 739.9041.90$40.904.9%--1.0012
$187.50Aug 737.4039.40$38.405.2%--1.0010
$190.00Aug 734.9036.90$35.905.6%--1.0028
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$265.00Aug 2140.3542.75$41.555.8%20.93676
$220.00Aug 216.256.65$6.456.2%480.403.6K
$270.00Aug 2144.7547.70$46.236.4%10.94789
$250.00Aug 2126.5028.30$27.406.6%280.84947
$270.00Aug 1444.4547.50$45.986.6%--0.9733

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 14 found (avg $0.63, cheapest $0.12)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$260.00Aug 70.110.13$0.1216.7%340.02857
$250.00Aug 70.280.34$0.3119.4%1320.051.9K
$247.50Aug 70.370.41$0.3910.3%100.0742
$270.00Aug 210.470.56$0.5217.3%470.053.1K
$245.00Aug 70.500.55$0.539.4%820.09757
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Aug 70.400.46$0.4314.0%430.081.1K
$212.50Aug 70.620.70$0.6612.1%120.11680
$195.00Aug 210.750.88$0.8215.9%360.083.1K
$190.00Aug 280.830.96$0.9014.4%330.07722

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
$182.50Aug 742.4044.40$43.404.6%201.001
$185.00Aug 739.9041.90$40.904.9%--1.0012
$187.50Aug 737.4039.40$38.405.2%--1.0010
$190.00Aug 734.9036.90$35.905.6%--1.0028
$192.50Aug 732.4035.25$33.838.4%--1.0011
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$257.50Aug 730.4533.50$31.989.5%10.97--
$270.00Aug 1444.4547.50$45.986.6%--0.9733
$255.00Aug 728.0031.20$29.6010.8%10.979
$265.00Aug 1439.5042.60$41.057.6%--0.9546
$250.00Aug 722.8526.45$24.6514.6%--0.9545

Most actively traded options today. High liquidity = easy entry/exit. 181 active (total vol 13.5K, top 2.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$232.50Aug 72.222.50$2.3611.9%2.9K0.31548
$235.00Aug 214.655.00$4.837.2%1.5K0.341.9K
$250.00Aug 211.721.89$1.819.4%1.5K0.167.6K
$235.00Aug 71.701.85$1.788.4%1.0K0.251.5K
$230.00Aug 72.993.25$3.128.3%6790.381.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$207.50Aug 141.291.40$1.358.1%1990.1482
$215.00Aug 70.941.08$1.0113.9%1660.161.1K
$207.50Aug 70.250.34$0.3030.0%1310.061.4K
$220.00Aug 72.032.28$2.1511.6%1250.29846
$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 27.5%, max 122.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$185.00Aug 7Aug 2899.5%46.7%113.0%--28
$270.00Aug 7Aug 2886.7%48.1%80.2%--423
$265.00Aug 7Aug 2877.8%45.9%69.3%4563
$190.00Aug 7Aug 2870.4%45.4%54.9%--153
$260.00Aug 7Sep 463.3%44.8%41.4%37873
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$185.00Aug 7Sep 499.5%44.8%122.3%1198
$197.50Aug 7Aug 2194.0%44.4%111.8%6437
$190.00Aug 7Sep 470.4%44.6%58.0%16569
$195.00Aug 7Sep 1162.4%42.8%45.8%3399
$200.00Aug 7Sep 1156.2%42.2%33.3%711.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 130 found (best R:R 32.33, avg 5.24)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$265.00$270.00Aug 28$0.15$4.85$0.1532.33$265.15
$265.00$270.00Aug 21$0.17$4.83$0.1728.41$265.17
$257.50$260.00Aug 14$0.12$2.38$0.1219.83$257.62
$260.00$265.00Aug 21$0.24$4.76$0.2419.83$260.24
$250.00$252.50Aug 14$0.13$2.37$0.1318.23$250.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$190.00$185.00Aug 21$0.20$4.80$0.2024.00$189.80
$207.50$205.00Aug 7$0.13$2.37$0.1318.23$207.37
$210.00$207.50Aug 7$0.13$2.37$0.1318.23$209.87
$190.00$185.00Aug 28$0.29$4.71$0.2916.24$189.71
$197.50$195.00Aug 14$0.15$2.35$0.1515.67$197.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 183 found (best R:R 49.00, avg 3.28)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$195.00$200.00Aug 14$4.87$4.87$0.1337.46$199.87
$200.00$205.00Aug 14$4.85$4.85$0.1532.33$204.85
$185.00$190.00Aug 21$4.75$4.75$0.2519.00$189.75
$195.00$197.50Aug 21$2.37$2.37$0.1318.23$197.37
$212.50$215.00Aug 7$2.35$2.35$0.1515.67$214.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$265.00$260.00Aug 14$4.90$4.90$0.1049.00$260.10
$255.00$250.00Aug 14$4.88$4.88$0.1240.67$250.12
$250.00$245.00Aug 7$4.82$4.82$0.1826.78$245.18
$260.00$255.00Aug 14$4.82$4.82$0.1826.78$255.18
$257.50$255.00Aug 7$2.38$2.38$0.1219.83$255.12

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 49 found (avg debit $1.39, cheapest $0.11)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$265.00Aug 7Aug 14$0.1577.8%54.3%
$260.00Aug 7Aug 14$0.2463.3%48.8%
$255.00Aug 7Aug 14$0.3360.3%47.2%
$257.50Aug 7Aug 14$0.3361.4%49.0%
$202.50Aug 7Aug 21$0.3954.7%44.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$190.00Aug 7Aug 14$0.1170.4%48.5%
$192.50Aug 7Aug 14$0.2157.6%47.5%
$195.00Aug 7Aug 14$0.2562.4%47.1%
$270.00Aug 14Aug 21$0.2551.3%49.4%
$260.00Aug 14Aug 21$0.2748.8%47.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 92 found (cheapest 4.16% of stock, avg 10.91%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$225.00Aug 7$5.23$4.18$9.41$215.59$234.414.16%
$222.50Aug 7$6.50$3.04$9.54$212.96$232.044.22%
$227.50Aug 7$4.08$5.48$9.56$217.94$237.064.23%
$220.00Aug 7$8.18$2.15$10.33$209.67$230.334.57%
$230.00Aug 7$3.12$7.38$10.50$219.50$240.504.65%
$232.50Aug 7$2.36$8.88$11.24$221.26$243.744.97%
$217.50Aug 7$10.10$1.54$11.64$205.86$229.145.15%
$235.00Aug 7$1.78$10.58$12.36$222.64$247.365.47%
$215.00Aug 7$11.95$1.01$12.96$202.04$227.965.74%
$225.00Aug 14$6.90$7.35$14.25$210.75$239.256.31%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 1.00% of stock, avg 4.63%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$237.50$215.00Aug 7$1.26$1.01$2.27$212.73$239.77
$235.00$215.00Aug 7$1.78$1.01$2.79$212.21$237.79
$237.50$217.50Aug 7$1.26$1.54$2.80$214.70$240.30
$235.00$217.50Aug 7$1.78$1.54$3.32$214.18$238.32
$232.50$215.00Aug 7$2.36$1.01$3.37$211.63$235.87
$237.50$220.00Aug 7$1.26$2.15$3.41$216.59$240.91
$232.50$217.50Aug 7$2.36$1.54$3.90$213.60$236.40
$235.00$220.00Aug 7$1.78$2.15$3.93$216.07$238.93
$230.00$215.00Aug 7$3.12$1.01$4.13$210.87$234.13
$237.50$222.50Aug 7$1.26$3.04$4.30$218.20$241.80

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 200 found (best R:R 19.00, avg credit $2.83)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
220/225230/235Sep 4$4.75$0.2519.00$220.25$234.75
205/210215/220Aug 28$4.73$0.2717.52$205.27$219.73
210/212218/220Aug 14$2.33$0.1713.71$210.17$219.83
190/195200/205Aug 28$4.63$0.3712.51$190.37$204.63
182/185190/192Aug 7$2.31$0.1912.16$182.69$192.31
210/212215/218Aug 14$2.31$0.1912.16$210.19$217.31
218/220222/225Aug 14$2.31$0.1912.16$217.69$224.81
220/222225/228Aug 14$2.30$0.2011.50$220.20$227.30
200/202205/208Aug 21$2.30$0.2011.50$200.20$207.30
208/210212/215Aug 21$2.30$0.2011.50$207.70$214.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 114 found (best R:R 70.43, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$255.00$260.00$265.00Aug 21$0.07$4.9370.43
$260.00$265.00$270.00Aug 21$0.07$4.9370.43
$190.00$195.00$200.00Aug 14$0.08$4.9261.50
$240.00$242.50$245.00Aug 7$0.05$2.4549.00
$232.50$235.00$237.50Aug 7$0.06$2.4440.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$230.00$235.00$240.00Aug 28$0.07$4.9370.43
$255.00$260.00$265.00Aug 14$0.08$4.9261.50
$220.00$225.00$230.00Sep 4$0.09$4.9154.56
$190.00$195.00$200.00Aug 28$0.11$4.8944.45
$192.50$195.00$197.50Aug 14$0.06$2.4440.67

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 $-1.90, 101 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$240.00$250.001:2Sep 11-$1.90$8.10
$265.00$270.001:2Aug 7-$0.27$4.73
$260.00$265.001:2Aug 7-$0.34$4.66
$265.00$270.001:2Aug 21-$0.35$4.65
$260.00$265.001:2Aug 14-$0.40$4.60
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$190.00$185.001:2Aug 21-$0.12$4.88
$190.00$185.001:2Aug 14-$0.13$4.87
$190.00$185.001:2Aug 28-$0.32$4.68
$190.00$185.001:2Sep 4-$0.41$4.59
$195.00$190.001:2Aug 28-$0.42$4.58

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 56 found (best yield 3.94%, avg 1.32%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$230.00Sep 11$8.900.451.8%3.94%5.72%4--
$230.00Sep 4$8.600.451.8%3.81%5.59%25185
$230.00Aug 28$7.750.441.8%3.43%5.21%28352
$235.00Sep 11$7.050.404.0%3.12%7.12%121
$227.50Aug 21$6.800.460.7%3.01%3.69%33506
$235.00Sep 4$6.550.384.0%2.90%6.89%1229
$230.00Aug 21$6.250.421.8%2.77%4.55%2294.6K
$235.00Aug 28$6.000.374.0%2.66%6.65%21203
$227.50Aug 14$5.550.450.7%2.46%3.13%6356
$240.00Sep 11$5.500.346.2%2.43%8.64%11

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 20,224
Total Puts 3,419
Put/Call Ratio 0.17
Net Difference 16,805

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
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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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