Tour v482
IBM
IBM CORP
$225.72 +0.93%
(8/3 10:35) ◀
|
Monday, August 3, 2026 (11:00am)
January 2026
|
▶ (8/3 12:00)
◀ 8/3 11:00 ▶

Option Volume

Detail
ℹ
Current (08/03 11:00am) 26,801
Calls: 22,119 (83%)
Puts: 4,682 (17%)
Prior --
Calls: 15,235 (64%)
Puts: 8,626 (36%)
Current vs Prior +0.00%
Calls: +45.19% (Calls)
Puts: -45.72% (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 -73.40%
Calls: -65.88%
Puts: -86.98%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (08/03 11:00am) $17.79M
Calls: $12.14M (68%)
Puts: $5.64M (32%)
Prior --
Calls: $8.11M (44%)
Puts: $10.46M (56%)
Current vs Prior +0.00%
Calls: +49.76%
Puts: -46.05%
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 -75.78%
Calls: -67.51%
Puts: -84.35%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (08/03 11:00am) 0.21
Prior 1.00
Current vs Prior -78.83%
Prior 7-Day Average 0.42
Current vs Prior 7-Day Avg -49.93%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (08/03 11:00am) 726,431
Calls: 414,302 (57%)
Puts: 312,129 (43%)
Prior --
Calls: -- (--)
Puts: -- (--)
Current vs Prior +0.00%
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 4.73% | 6.98%8.45% | 13.28%
Prior 3.71% | 6.37%10.44% | 14.89%
Current vs Prior +27.56% | +9.54%-19.03% | -10.81%
Prior 7-Day Avg 4.98% | 7.58%10.20% | 15.61%
Current vs 7-Day Avg -5.04% | -8.00%-17.14% | -14.91%
Prior 7-Day Eod 3.71% | 6.37%8.41% | 13.16%
Current vs 7-Day Eod +27.56% | +9.54%+0.45% | +0.93%
Sentiment BEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 7.01% | 7.71%
Calls: 6.76% | 8.57%
Puts: 7.27% | 6.86%
Prior 20.09% | 26.45%
Calls: 19.28% | 21.43%
Puts: 20.90% | 31.46%
Current vs Prior -65.11% | -70.85%
Prior 7-Day Avg 16.02% | 15.61%
Calls: 13.11% | 12.45%
Puts: 18.93% | 18.76%
Current vs 7-Day Avg -56.25% | -50.60%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 68% call dollar volume ($12.14M). Extreme bullish P/C ratio of 0.21 - heavy call buying (22,119 calls vs 4,682 puts). P/C ratio dropping 79% - 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 NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
11:00BULLISHBULLISHBULLISH
10:35BULLISHBULLISHBULLISH
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 98 of results (avg 7.1%, best 3.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$182.50Aug 742.4544.05$43.253.7%231.001
$235.00Aug 214.754.95$4.854.1%1.6K0.341.9K
$225.00Aug 218.408.85$8.635.2%250.511.5K
$210.00Sep 419.6020.65$20.135.2%--0.7333
$202.50Aug 2123.9025.20$24.555.3%20.89267
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Aug 212.993.10$3.053.6%580.234.3K
$225.00Aug 218.759.15$8.954.5%570.49513
$222.50Aug 217.457.80$7.634.6%150.4593
$220.00Aug 216.306.60$6.454.7%2020.403.6K
$265.00Aug 2139.9541.95$40.954.9%40.93676

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 16 found (avg $0.63, cheapest $0.11)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$260.00Aug 70.100.12$0.1118.2%380.02857
$247.50Aug 70.350.40$0.3813.2%140.0742
$245.00Aug 70.490.52$0.515.9%1020.09757
$265.00Aug 210.620.75$0.6918.8%80.07648
$242.50Aug 70.640.75$0.7015.7%810.11297
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$207.50Aug 70.230.28$0.2619.2%2070.051.4K
$197.50Aug 140.380.45$0.4216.7%20.0561
$190.00Aug 210.450.52$0.4914.3%620.054.6K
$200.00Aug 140.550.62$0.5911.9%270.07739
$212.50Aug 70.590.69$0.6415.6%210.11680

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 95 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$185.00Aug 739.9042.50$41.206.3%--1.0012
$190.00Aug 1434.2537.50$35.889.1%--1.0050
$195.00Aug 1429.7532.50$31.138.8%--1.0042
$185.00Aug 2139.7042.80$41.257.5%--1.0038
$190.00Aug 2134.4037.40$35.908.4%--1.00162
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$255.00Aug 728.0031.05$29.5310.3%11.009
$257.50Aug 730.4533.50$31.989.5%11.00--
$270.00Aug 1444.5047.50$46.006.5%--0.9733
$265.00Aug 1439.5542.55$41.057.3%--0.9546
$250.00Aug 722.8526.10$24.4813.3%--0.9445

Most actively traded options today. High liquidity = easy entry/exit. 193 active (total vol 15.4K, top 2.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$232.50Aug 72.202.41$2.319.1%2.9K0.31548
$235.00Aug 214.754.95$4.854.1%1.6K0.341.9K
$250.00Aug 211.721.95$1.8412.5%1.5K0.167.6K
$235.00Aug 71.661.80$1.738.1%1.1K0.241.5K
$230.00Aug 72.953.20$3.088.1%7490.381.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$207.50Aug 70.230.28$0.2619.2%2070.051.4K
$220.00Aug 216.306.60$6.454.7%2020.403.6K
$207.50Aug 141.301.48$1.3912.9%2010.1582
$200.00Aug 211.201.30$1.258.0%1990.117.5K
$215.00Aug 70.930.99$0.966.2%1820.161.1K

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 21.7%, max 60.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$270.00Aug 7Aug 2875.0%46.8%60.4%10423
$190.00Aug 7Aug 2870.6%44.9%57.4%--153
$265.00Aug 7Aug 2871.4%46.5%53.7%7563
$260.00Aug 7Sep 1162.6%41.7%50.1%40865
$255.00Aug 7Sep 1160.4%43.9%37.6%198326
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$190.00Aug 7Sep 470.6%44.7%57.9%21569
$185.00Aug 7Sep 461.8%44.5%38.9%1198
$195.00Aug 7Sep 1159.0%42.9%37.5%5399
$255.00Aug 7Aug 2860.4%46.6%29.6%119
$200.00Aug 7Sep 1154.1%41.8%29.4%1051.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 135 found (best R:R 30.25, avg 4.88)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$265.00$270.00Aug 21$0.17$4.83$0.1728.41$265.17
$245.00$247.50Aug 7$0.13$2.37$0.1318.23$245.13
$260.00$265.00Aug 21$0.27$4.73$0.2717.52$260.27
$247.50$250.00Aug 14$0.15$2.35$0.1515.67$247.65
$265.00$270.00Aug 28$0.31$4.69$0.3115.13$265.31
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$190.00$185.00Aug 21$0.16$4.84$0.1630.25$189.84
$195.00$192.50Aug 14$0.12$2.38$0.1219.83$194.88
$192.50$190.00Aug 21$0.14$2.36$0.1416.86$192.36
$195.00$192.50Aug 21$0.14$2.36$0.1416.86$194.86
$190.00$185.00Aug 28$0.28$4.72$0.2816.86$189.72

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 2.81)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$190.00$195.00Aug 21$4.85$4.85$0.1532.33$194.85
$190.00$195.00Aug 14$4.75$4.75$0.2519.00$194.75
$190.00$195.00Aug 28$4.75$4.75$0.2519.00$194.75
$195.00$197.50Aug 21$2.37$2.37$0.1318.23$197.37
$210.00$212.50Aug 21$2.30$2.30$0.2011.50$212.30
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
$245.00$242.50Aug 7$2.40$2.40$0.1024.00$242.60
$255.00$250.00Aug 14$4.80$4.80$0.2024.00$250.20
$255.00$250.00Aug 21$4.75$4.75$0.2519.00$250.25

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 53 found (avg debit $1.34, cheapest $0.09)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$270.00Aug 7Aug 14$0.0975.0%52.4%
$205.00Aug 7Aug 14$0.1050.6%45.0%
$257.50Aug 7Aug 14$0.2461.6%46.9%
$265.00Aug 7Aug 14$0.2571.4%54.3%
$260.00Aug 7Aug 14$0.3162.6%50.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$190.00Aug 7Aug 14$0.1270.6%49.1%
$185.00Aug 7Aug 14$0.1461.8%54.2%
$192.50Aug 7Aug 14$0.1857.8%46.5%
$270.00Aug 14Aug 21$0.2252.4%49.3%
$260.00Aug 14Aug 21$0.2550.3%47.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 94 found (cheapest 4.11% of stock, avg 10.95%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$225.00Aug 7$5.18$4.10$9.28$215.72$234.284.11%
$227.50Aug 7$3.98$5.50$9.48$218.02$236.984.20%
$222.50Aug 7$6.63$3.00$9.63$212.87$232.134.27%
$230.00Aug 7$3.08$7.07$10.15$219.85$240.154.50%
$220.00Aug 7$8.23$2.09$10.32$209.68$230.324.57%
$232.50Aug 7$2.31$8.82$11.13$221.37$243.634.93%
$217.50Aug 7$9.98$1.47$11.45$206.05$228.955.07%
$235.00Aug 7$1.73$10.75$12.48$222.52$247.485.53%
$215.00Aug 7$12.20$0.96$13.16$201.84$228.165.83%
$225.00Aug 14$7.00$7.32$14.32$210.68$239.326.34%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 1.01% of stock, avg 4.62%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$237.50$215.00Aug 7$1.31$0.96$2.27$212.73$239.77
$235.00$215.00Aug 7$1.73$0.96$2.69$212.31$237.69
$237.50$217.50Aug 7$1.31$1.47$2.78$214.72$240.28
$235.00$217.50Aug 7$1.73$1.47$3.20$214.30$238.20
$232.50$215.00Aug 7$2.31$0.96$3.27$211.73$235.77
$237.50$220.00Aug 7$1.31$2.09$3.40$216.60$240.90
$232.50$217.50Aug 7$2.31$1.47$3.78$213.72$236.28
$235.00$220.00Aug 7$1.73$2.09$3.82$216.18$238.82
$230.00$215.00Aug 7$3.08$0.96$4.04$210.96$234.04
$237.50$222.50Aug 7$1.31$3.00$4.31$218.19$241.81

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 206 found (best R:R 19.83, avg credit $2.89)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
195/200205/210Aug 28$4.76$0.2419.83$195.24$209.76
185/190195/200Aug 28$4.73$0.2717.52$185.27$199.73
195/198200/202Aug 21$2.36$0.1416.86$195.14$202.36
220/225230/235Sep 4$4.72$0.2816.86$220.28$234.72
192/195200/205Aug 14$4.64$0.3612.89$190.36$204.64
218/220222/225Aug 14$2.31$0.1912.16$217.69$224.81
200/202205/208Aug 21$2.31$0.1912.16$200.19$207.31
190/195205/210Aug 28$4.60$0.4011.50$190.40$209.60
205/208210/215Aug 14$4.55$0.4510.11$202.95$214.55
210/212215/218Aug 14$2.27$0.239.87$210.23$217.27

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 125 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$205.00$210.00$215.00Aug 14$0.06$4.9482.33
$240.00$242.50$245.00Aug 7$0.05$2.4549.00
$245.00$247.50$250.00Aug 7$0.05$2.4549.00
$260.00$265.00$270.00Aug 21$0.10$4.9049.00
$260.00$265.00$270.00Aug 28$0.11$4.8944.45
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$260.00$265.00$270.00Aug 14$0.05$4.9599.00
$255.00$260.00$265.00Aug 14$0.08$4.9261.50
$195.00$197.50$200.00Aug 7$0.05$2.4549.00
$210.00$215.00$220.00Sep 4$0.10$4.9049.00
$205.00$207.50$210.00Aug 7$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. 107 found (best net $-1.66, 103 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$240.00$250.001:2Sep 11-$1.66$8.34
$265.00$270.001:2Aug 7-$0.07$4.93
$260.00$265.001:2Aug 7-$0.15$4.85
$260.00$265.001:2Aug 14-$0.34$4.66
$265.00$270.001:2Aug 21-$0.35$4.65
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$190.00$185.001:2Aug 14-$0.12$4.88
$190.00$185.001:2Aug 21-$0.17$4.83
$190.00$185.001:2Aug 28-$0.34$4.66
$190.00$185.001:2Sep 4-$0.37$4.63
$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. 58 found (best yield 4.08%, avg 1.32%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$230.00Sep 11$9.200.461.9%4.08%5.97%4--
$230.00Sep 4$8.600.451.9%3.81%5.71%25185
$230.00Aug 28$7.850.441.9%3.48%5.37%34352
$235.00Sep 11$7.650.404.1%3.39%7.50%121
$227.50Aug 21$7.300.470.8%3.23%4.02%36506
$235.00Sep 4$6.600.384.1%2.92%7.04%1229
$230.00Aug 21$6.350.421.9%2.81%4.71%2444.6K
$235.00Aug 28$6.050.374.1%2.68%6.79%22203
$240.00Sep 11$5.700.346.3%2.53%8.85%11
$227.50Aug 14$5.550.450.8%2.46%3.25%8056

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 22,119
Total Puts 4,682
Put/Call Ratio 0.21
Net Difference 17,437

Prior's Put/Call Breakdown

Total Calls 15,235
Total Puts 8,626
Put/Call Ratio 1.00
Net Difference 6,609

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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