PM - Options Database

PHILIP MORRIS INTL I

$194.30 +3.33%

$195.00 (+0.36%)🌙

as of 07/22 06:07 PM

(7/22 14:06) ◀

Wednesday, July 22, 2026 (6:07pm)

▶ (7/23 18:59)

◀ 7/22 18:07 ▶

Option Volume

Detail

ℹ

Current (07/22) 15,281

Calls: 8,219 (54%)

Puts: 7,062 (46%)

Prior (07/21) 14,110

Calls: 5,334 (38%)

Puts: 8,776 (62%)

Current vs Prior +8.30%

Calls: +54.09% (Calls)

Puts: -19.53% (Puts)

Prior 7-Day Total 51,044

Calls: 26,064 (51%)

Puts: 24,980 (49%)

Prior 7-Day Average 7,292

Calls: 3,723 (51%)

Puts: 3,568 (49%)

Current vs Prior 7-Day Avg +109.56%

Calls: +120.74%

Puts: +97.89%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/22) $6.18M

Calls: $3.71M (60%)

Puts: $2.47M (40%)

Prior (07/21) $5.28M

Calls: $2.10M (40%)

Puts: $3.18M (60%)

Current vs Prior +17.12%

Calls: +76.57%

Puts: -22.19%

Prior 7-Day Total $26.08M

Calls: $16.64M (64%)

Puts: $9.44M (36%)

Prior 7-Day Average $3.73M

Calls: $2.38M (64%)

Puts: $1.35M (36%)

Current vs Prior 7-Day Avg +65.99%

Calls: +56.10%

Puts: +83.42%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/22) 0.86

Prior (07/21) 1.65

Current vs Prior -47.78%

Prior 7-Day Average 0.93

Current vs Prior 7-Day Avg -7.87%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/22) 138,386

Calls: 64,046 (46%)

Puts: 74,340 (54%)

Prior (07/21) 129,598

Calls: 60,728 (47%)

Puts: 68,870 (53%)

Current vs Prior +6.78%

Prior 7-Day Total 527,315

Calls: 250,576 (48%)

Puts: 276,739 (52%)

Prior 7-Day Average 75,330

Calls: 35,796 (48%)

Puts: 39,534 (52%)

Current vs Prior 7-Day Avg +83.70%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)

Current 3.27% | 4.92%7.90% | 11.25%

Prior 6.12% | 7.10%9.20% | 12.13%

Current vs Prior -46.56% | -30.77%-14.13% | -7.25%

Prior 7-Day Avg 4.60% | 6.99%4.76% | 10.84%

Current vs 7-Day Avg -28.94% | -29.68%+65.80% | +3.74%

Prior 7-Day Eod 6.12% | 7.10%9.20% | 12.13%

Current vs 7-Day Eod -46.56% | -30.77%-14.13% | -7.25%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 19.86% | 10.30%

Calls: 15.00% | 8.85%

Puts: 24.71% | 11.76%

Prior 19.13% | 11.22%

Calls: 17.32% | 6.80%

Puts: 20.95% | 15.65%

Current vs Prior +3.82% | -8.20%

Prior 7-Day Avg 48.45% | 21.13%

Calls: 46.15% | 20.15%

Puts: 50.76% | 22.11%

Current vs 7-Day Avg -59.01% | -51.25%

Liquidity Expensive

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Moderately bullish flow with 60% call dollar volume ($3.71M). Dollar volume significantly above 7-day average (66% higher). Volume explosion - 110% above 7-day average (15,281 vs avg 7,292). P/C ratio dropping 48% - 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 NEUTRAL

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

📈 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

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Tightest Spreads

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Best Value <$1

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High Delta

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 25 of results (avg 8.6%, best 6.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Jul 24	33.60	36.00	$34.80	6.9%	--	1.00	11
$185.00	Aug 21	12.60	13.50	$13.05	6.9%	15	0.72	1.7K
$195.00	Aug 21	6.90	7.40	$7.15	7.0%	69	0.51	923
$160.00	Aug 21	34.40	37.30	$35.85	8.1%	--	0.96	36
$167.50	Jul 24	26.10	28.40	$27.25	8.4%	2	0.99	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$202.50	Jul 31	9.00	9.70	$9.35	7.5%	1	0.77	--
$230.00	Jul 24	33.60	36.50	$35.05	8.3%	1	0.89	--
$190.00	Aug 21	4.60	5.00	$4.80	8.3%	71	0.38	437
$197.50	Jul 31	5.70	6.20	$5.95	8.4%	6	0.60	143
$192.50	Aug 21	5.60	6.10	$5.85	8.5%	28	0.44	66

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 60 found (avg delta 0.77, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Jul 24	33.60	36.00	$34.80	6.9%	--	1.00	11
$170.00	Jul 24	23.60	25.90	$24.75	9.3%	2	0.99	26
$175.00	Jul 24	18.60	21.10	$19.85	12.6%	1	0.99	62
$167.50	Jul 24	26.10	28.40	$27.25	8.4%	2	0.99	--
$177.50	Jul 24	16.10	18.60	$17.35	14.4%	--	0.98	19

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Jul 24	14.20	16.40	$15.30	14.4%	4	1.00	10
$212.50	Jul 24	16.90	19.00	$17.95	11.7%	--	1.00	10
$207.50	Jul 24	11.90	14.10	$13.00	16.9%	4	0.97	--
$215.00	Jul 31	19.40	21.60	$20.50	10.7%	1	0.92	--
$220.00	Aug 21	24.50	26.90	$25.70	9.3%	50	0.91	1

Most actively traded options today. High liquidity = easy entry/exit. 154 active (total vol 11.6K, top 2.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Jul 24	0.55	0.75	$0.65	30.8%	2.3K	0.19	507
$197.50	Jul 24	1.10	1.55	$1.33	33.8%	537	0.32	134
$195.00	Jul 24	2.00	2.50	$2.25	22.2%	308	0.47	389
$195.00	Jul 31	3.80	4.30	$4.05	12.3%	226	0.50	106
$190.00	Aug 28	10.10	11.00	$10.55	8.5%	213	0.62	74

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Jul 24	0.05	0.15	$0.10	100.0%	719	0.03	1.1K
$177.50	Jul 24	0.00	0.10	$0.05	200.0%	582	0.02	1.3K
$190.00	Jul 24	0.80	1.00	$0.90	22.2%	463	0.24	301
$170.00	Aug 21	0.60	0.95	$0.77	45.5%	452	0.08	546
$185.00	Jul 24	0.15	0.30	$0.22	68.2%	259	0.07	251

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 40 strikes (avg 74.7%, max 172.1%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$160.00	Jul 24	Aug 21	106.5%	39.2%	172.1%	--	47
$220.00	Jul 24	Aug 28	84.0%	31.4%	167.5%	12	30
$225.00	Jul 24	Aug 21	80.5%	33.0%	144.0%	9	63
$170.00	Jul 24	Aug 21	76.4%	35.3%	116.7%	6	93
$212.50	Jul 24	Aug 21	61.0%	30.2%	102.0%	5	264

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$160.00	Jul 24	Aug 28	106.5%	44.0%	142.1%	7	79
$167.50	Jul 24	Aug 21	91.3%	38.2%	139.1%	138	884
$182.50	Jul 24	Aug 21	64.3%	29.2%	119.9%	67	145
$165.00	Jul 24	Aug 28	91.2%	41.6%	119.1%	31	704
$170.00	Jul 24	Aug 28	76.4%	37.0%	106.3%	135	541

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 91 found (best R:R 45.05, avg 6.02)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$212.50	$230.00	Aug 7	$0.38	$17.12	$0.38	45.05	$212.88
$220.00	$225.00	Aug 21	$0.20	$4.80	$0.20	24.00	$220.20
$217.50	$220.00	Jul 24	$0.15	$2.35	$0.15	15.67	$217.65
$212.50	$215.00	Aug 21	$0.15	$2.35	$0.15	15.67	$212.65
$202.50	$205.00	Jul 24	$0.18	$2.32	$0.18	12.89	$202.68

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$170.00	$165.00	Aug 28	$0.13	$4.87	$0.13	37.46	$169.87
$170.00	$160.00	Aug 14	$0.27	$9.73	$0.27	36.04	$169.73
$175.00	$170.00	Aug 28	$0.15	$4.85	$0.15	32.33	$174.85
$165.00	$160.00	Aug 21	$0.22	$4.78	$0.22	21.73	$164.78
$180.00	$175.00	Aug 14	$0.28	$4.72	$0.28	16.86	$179.72

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 120 found (best R:R 49.00, avg 2.99)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$170.00	$175.00	Jul 24	$4.90	$4.90	$0.10	49.00	$174.90
$165.00	$180.00	Jul 31	$14.55	$14.55	$0.45	32.33	$179.55
$180.00	$182.50	Jul 24	$2.30	$2.30	$0.20	11.50	$182.30
$187.50	$190.00	Jul 24	$2.30	$2.30	$0.20	11.50	$189.80
$185.00	$187.50	Jul 31	$2.30	$2.30	$0.20	11.50	$187.30

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$230.00	$212.50	Jul 24	$17.10	$17.10	$0.40	42.75	$212.90
$202.50	$200.00	Jul 24	$2.40	$2.40	$0.10	24.00	$200.10
$207.50	$202.50	Jul 24	$4.80	$4.80	$0.20	24.00	$202.70
$210.00	$207.50	Jul 24	$2.30	$2.30	$0.20	11.50	$207.70
$215.00	$202.50	Jul 31	$11.15	$11.15	$1.35	8.26	$203.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 39 found (avg debit $1.03, cheapest $0.22)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$212.50	Jul 24	Jul 31	$0.49	61.0%	42.2%
$225.00	Jul 24	Aug 21	$0.50	80.5%	33.0%
$215.00	Jul 24	Jul 31	$0.57	58.1%	46.8%
$207.50	Jul 24	Jul 31	$0.58	49.4%	35.2%
$210.00	Jul 24	Jul 31	$0.60	50.8%	39.3%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$170.00	Jul 24	Jul 31	$0.22	76.4%	50.4%
$172.50	Jul 24	Jul 31	$0.30	75.3%	49.2%
$175.00	Jul 24	Jul 31	$0.35	61.4%	45.2%
$182.50	Jul 24	Jul 31	$0.35	64.3%	36.6%
$180.00	Jul 24	Jul 31	$0.43	57.7%	38.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 58 found (cheapest 2.57% of stock, avg 7.92%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$195.00	Jul 24	$2.25	$2.75	$5.00	$190.00	$200.00	2.57%
$192.50	Jul 24	$3.60	$1.60	$5.20	$187.30	$197.70	2.68%
$197.50	Jul 24	$1.33	$4.35	$5.68	$191.82	$203.18	2.92%
$190.00	Jul 24	$5.35	$0.90	$6.25	$183.75	$196.25	3.22%
$200.00	Jul 24	$0.65	$5.80	$6.45	$193.55	$206.45	3.32%
$187.50	Jul 24	$7.65	$0.50	$8.15	$179.35	$195.65	4.19%
$195.00	Jul 31	$4.05	$4.20	$8.25	$186.75	$203.25	4.25%
$202.50	Jul 24	$0.33	$8.20	$8.53	$193.97	$211.03	4.39%
$192.50	Jul 31	$5.35	$3.25	$8.60	$183.90	$201.10	4.43%
$197.50	Jul 31	$2.98	$5.95	$8.93	$188.57	$206.43	4.60%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 0.19% of stock, avg 2.73%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$205.00	$185.00	Jul 24	$0.15	$0.22	$0.37	$184.63	$205.37
$205.00	$182.50	Jul 24	$0.15	$0.35	$0.50	$182.00	$205.50
$202.50	$185.00	Jul 24	$0.33	$0.22	$0.55	$184.45	$203.05
$205.00	$187.50	Jul 24	$0.15	$0.50	$0.65	$186.85	$205.65
$202.50	$182.50	Jul 24	$0.33	$0.35	$0.68	$181.82	$203.18
$202.50	$187.50	Jul 24	$0.33	$0.50	$0.83	$186.67	$203.33
$200.00	$185.00	Jul 24	$0.65	$0.22	$0.87	$184.13	$200.87
$200.00	$182.50	Jul 24	$0.65	$0.35	$1.00	$181.50	$201.00
$205.00	$190.00	Jul 24	$0.15	$0.90	$1.05	$188.95	$206.05
$200.00	$187.50	Jul 24	$0.65	$0.50	$1.15	$186.35	$201.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 194 found (best R:R 59.00, avg credit $2.24)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
160/162	165/180	Jul 31	$14.75	$0.25	59.00	$147.75	$179.75
170/175	180/185	Aug 21	$4.81	$0.19	25.32	$170.19	$184.81
160/162	182/185	Jul 31	$2.40	$0.10	24.00	$160.10	$184.90
175/178	182/185	Jul 31	$2.39	$0.11	21.73	$175.11	$184.89
160/162	180/182	Jul 31	$2.35	$0.15	15.67	$160.15	$182.35
195/198	200/202	Jul 31	$2.35	$0.15	15.67	$195.15	$202.35
175/178	180/182	Jul 31	$2.34	$0.16	14.63	$175.16	$182.34
165/168	175/180	Aug 21	$4.68	$0.32	14.62	$162.82	$179.68
160/165	175/180	Aug 21	$4.67	$0.33	14.15	$160.33	$179.67
178/180	198/200	Aug 7	$2.27	$0.23	9.87	$177.73	$199.77

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 83 found (best R:R 49.00, cheapest $0.07)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$180.00	$185.00	$190.00	Aug 14	$0.10	$4.90	49.00
$205.00	$207.50	$210.00	Aug 21	$0.07	$2.43	34.71
$207.50	$210.00	$212.50	Jul 24	$0.08	$2.42	30.25
$200.00	$202.50	$205.00	Jul 31	$0.10	$2.40	24.00
$175.00	$180.00	$185.00	Aug 21	$0.20	$4.80	24.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$190.00	$195.00	$200.00	Aug 14	$0.10	$4.90	49.00
$180.00	$185.00	$190.00	Aug 14	$0.15	$4.85	32.33
$182.50	$185.00	$187.50	Jul 31	$0.09	$2.41	26.78
$187.50	$190.00	$192.50	Jul 31	$0.10	$2.40	24.00
$190.00	$192.50	$195.00	Jul 31	$0.10	$2.40	24.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 116 found (best net $-0.72, 105 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$212.50	$230.00	1:2	Aug 7	-$0.72	$16.78
$165.00	$180.00	1:2	Jul 31	-$1.05	$13.95
$210.00	$215.00	1:2	Aug 14	-$0.17	$4.83
$215.00	$220.00	1:2	Aug 21	-$0.21	$4.79
$200.00	$205.00	1:2	Aug 7	-$0.32	$4.68

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$230.00	$212.50	1:2	Jul 24	-$0.85	$16.65
$220.00	$205.00	1:2	Aug 21	-$0.30	$14.70
$170.00	$160.00	1:2	Aug 14	-$0.91	$9.09
$165.00	$160.00	1:2	Aug 21	-$0.11	$4.89
$175.00	$170.00	1:2	Aug 21	-$0.21	$4.79

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 42 found (best yield 3.71%, avg 1.14%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$195.00	Aug 28	$7.20	0.51	0.4%	3.71%	4.07%	102	10
$195.00	Aug 21	$6.90	0.51	0.4%	3.55%	3.91%	69	923
$195.00	Aug 14	$5.90	0.50	0.4%	3.04%	3.40%	2	19
$197.50	Aug 21	$5.70	0.46	1.6%	2.93%	4.58%	15	19
$195.00	Aug 7	$4.90	0.50	0.4%	2.52%	2.88%	113	74
$200.00	Aug 28	$4.90	0.41	2.9%	2.52%	5.46%	6	6
$200.00	Aug 21	$4.70	0.40	2.9%	2.42%	5.35%	53	1.7K
$197.50	Aug 7	$3.90	0.43	1.6%	2.01%	3.65%	7	41
$195.00	Jul 31	$3.80	0.50	0.4%	1.96%	2.32%	226	106
$200.00	Aug 14	$3.80	0.38	2.9%	1.96%	4.89%	165	137

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 8,219

Total Puts 7,062

Put/Call Ratio 0.86

Net Difference 1,157

Prior's Put/Call Breakdown

Total Calls 5,334

Total Puts 8,776

Put/Call Ratio 1.65

Net Difference -3,442

Prior 7-Day Put/Call Summary

Total Calls 26,064

Total Puts 24,980

Average Put/Call Ratio 0.93

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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