PM - Options Database

PHILIP MORRIS INTL I

$189.78 -1.53%

(7/20 18:57) ◀

Tuesday, July 21, 2026 (2:05pm)

▶ (7/21 18:01)

◀ 7/21 14:05 ▶

Option Volume

Detail

ℹ

Current (07/21 2:05pm) 8,181

Calls: 3,063 (37%)

Puts: 5,118 (63%)

Prior (07/17) 1,804

Calls: 1,123 (62%)

Puts: 681 (38%)

Current vs Prior +353.49%

Calls: +172.75% (Calls)

Puts: +651.54% (Puts)

Prior 7-Day Total 30,493

Calls: 16,003 (52%)

Puts: 14,490 (48%)

Prior 7-Day Average 4,356

Calls: 2,286 (52%)

Puts: 2,070 (48%)

Current vs Prior 7-Day Avg +87.80%

Calls: +33.98%

Puts: +147.25%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/21 2:05pm) $2.84M

Calls: $1.22M (43%)

Puts: $1.62M (57%)

Prior (07/17) $1.76M

Calls: $1.09M (62%)

Puts: $669.1K (38%)

Current vs Prior +62.08%

Calls: +12.49%

Puts: +142.59%

Prior 7-Day Total $13.94M

Calls: $8.65M (62%)

Puts: $5.29M (38%)

Prior 7-Day Average $1.99M

Calls: $1.24M (62%)

Puts: $755.8K (38%)

Current vs Prior 7-Day Avg +42.90%

Calls: -1.07%

Puts: +114.74%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/21 2:05pm) 1.67

Prior (07/17) 0.61

Current vs Prior +175.54%

Prior 7-Day Average 0.69

Current vs Prior 7-Day Avg +142.26%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/21 2:05pm) 129,598

Calls: 60,728 (47%)

Puts: 68,870 (53%)

Prior (07/17) 147,006

Calls: 66,152 (45%)

Puts: 80,854 (55%)

Current vs Prior -11.84%

Prior 7-Day Total 1,008,428

Calls: 462,078 (46%)

Puts: 546,350 (54%)

Prior 7-Day Average 144,061

Calls: 66,011 (46%)

Puts: 78,050 (54%)

Current vs Prior 7-Day Avg -10.04%

Sentiment BULLISH

Expected Move

Detail

ℹ

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

Current 6.11% | 6.90%8.96% | 12.07%

Prior 3.25% | 5.09%2.37% | 10.76%

Current vs Prior +88.09% | +35.59%+277.20% | +12.10%

Prior 7-Day Avg 2.91% | 6.40%2.29% | 10.60%

Current vs 7-Day Avg +109.89% | +7.85%+291.83% | +13.87%

Prior 7-Day Eod 3.25% | 5.09%9.05% | 12.01%

Current vs 7-Day Eod +88.09% | +35.59%-1.07% | +0.45%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 19.13% | 11.22%

Calls: 17.32% | 6.80%

Puts: 20.95% | 15.65%

Prior 23.56% | 13.31%

Calls: 21.43% | 11.24%

Puts: 25.69% | 15.38%

Current vs Prior -18.80% | -15.70%

Prior 7-Day Avg 20.60% | 11.39%

Calls: 20.02% | 10.57%

Puts: 21.18% | 12.20%

Current vs 7-Day Avg -7.14% | -1.45%

Liquidity Expensive

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Elevated premium activity with dollar volume up 62% vs prior. Unusually high activity with volume up 353% vs prior - elevated interest. Volume explosion - 88% above 7-day average (8,181 vs avg 4,356). Extreme bearish P/C ratio of 1.67 - heavy put buying.

Smart Money BEARISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Current BEARISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BEARISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
14:05	BEARISH	BEARISH	BEARISH
10:00	BULLISH	BULLISH	BULLISH
09:55	BULLISH	BULLISH	BULLISH
09:50	BULLISH	BULLISH	BULLISH
09:45	BULLISH	BULLISH	BULLISH
09:40	BULLISH	BULLISH	BULLISH
09:35	BULLISH	BULLISH	BULLISH

📈 Options Analysis

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💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

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📉 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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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 28 of results (avg 7.7%, best 2.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$185.00	Aug 14	9.90	10.50	$10.20	5.9%	10	0.63	8
$187.50	Jul 31	7.10	7.60	$7.35	6.8%	9	0.58	91
$195.00	Aug 21	5.60	6.00	$5.80	6.9%	55	0.43	908
$180.00	Aug 14	13.30	14.30	$13.80	7.2%	--	0.73	12
$182.50	Jul 24	9.30	10.00	$9.65	7.3%	5	0.74	107

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$187.50	Jul 24	3.80	3.90	$3.85	2.6%	240	0.41	103
$200.00	Jul 24	11.40	11.90	$11.65	4.3%	--	0.79	20
$197.50	Jul 24	9.40	10.00	$9.70	6.2%	2	0.72	10
$195.00	Jul 24	7.60	8.10	$7.85	6.4%	1	0.65	3
$185.00	Aug 21	5.10	5.50	$5.30	7.5%	5	0.38	550

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.81, cheapest $0.68)

CALLS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$205.00	Jul 24	0.65	0.70	$0.68	7.4%	66	0.12	256
$202.50	Jul 24	0.90	1.00	$0.95	10.5%	278	0.16	106

PUTS (0)

No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 44 found (avg delta 0.71, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Jul 24	29.10	31.60	$30.35	8.2%	--	1.00	10
$160.00	Aug 21	30.10	33.30	$31.70	10.1%	--	0.94	36
$165.00	Jul 31	24.40	27.60	$26.00	12.3%	--	0.94	10
$170.00	Jul 24	19.20	21.60	$20.40	11.8%	--	0.93	26
$165.00	Aug 21	25.50	28.60	$27.05	11.5%	--	0.90	30

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$212.50	Jul 24	20.70	23.50	$22.10	12.7%	--	0.95	10
$210.00	Jul 24	19.20	21.10	$20.15	9.4%	--	0.94	10
$202.50	Jul 24	12.20	14.80	$13.50	19.3%	--	0.84	15
$200.00	Jul 24	11.40	11.90	$11.65	4.3%	--	0.79	20
$205.00	Aug 21	16.20	18.70	$17.45	14.3%	--	0.76	36

Most actively traded options today. High liquidity = easy entry/exit. 118 active (total vol 6.1K, top 491)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$190.00	Jul 24	4.70	5.40	$5.05	13.9%	435	0.51	291
$202.50	Jul 24	0.90	1.00	$0.95	10.5%	278	0.16	106
$192.50	Jul 24	3.40	4.30	$3.85	23.4%	272	0.43	171
$210.00	Jul 24	0.25	0.35	$0.30	33.3%	185	0.06	145
$200.00	Jul 24	1.30	1.45	$1.38	10.9%	184	0.21	352

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$165.00	Jul 24	0.05	0.30	$0.18	138.9%	491	0.03	342
$175.00	Jul 24	0.55	0.75	$0.65	30.8%	441	0.10	238
$190.00	Jul 24	4.70	5.80	$5.25	21.0%	320	0.49	20
$170.00	Jul 24	0.25	0.35	$0.30	33.3%	305	0.05	203
$180.00	Jul 24	1.40	1.55	$1.48	10.1%	299	0.20	242

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 93.9%, max 143.1%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$215.00	Jul 24	Aug 28	85.3%	35.1%	143.1%	65	9
$190.00	Jul 24	Aug 28	74.3%	33.5%	122.0%	435	365
$160.00	Jul 24	Aug 21	85.8%	39.7%	116.2%	--	46
$217.50	Jul 24	Jul 31	100.4%	48.0%	109.2%	12	72
$185.00	Jul 24	Aug 21	72.2%	34.9%	106.9%	36	1.8K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$190.00	Jul 24	Aug 28	74.3%	33.5%	122.0%	321	22
$165.00	Jul 24	Aug 28	82.7%	38.7%	113.5%	492	343
$185.00	Jul 24	Aug 21	72.2%	34.9%	106.9%	177	618
$180.00	Jul 24	Aug 28	71.9%	35.1%	104.8%	300	250
$187.50	Jul 24	Aug 21	70.7%	34.7%	103.7%	241	107

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 101 found (best R:R 40.67, avg 4.59)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$220.00	$225.00	Aug 21	$0.25	$4.75	$0.25	19.00	$220.25
$207.50	$210.00	Jul 24	$0.15	$2.35	$0.15	15.67	$207.65
$215.00	$220.00	Aug 21	$0.32	$4.68	$0.32	14.62	$215.32
$210.00	$212.50	Aug 21	$0.20	$2.30	$0.20	11.50	$210.20
$205.00	$207.50	Jul 24	$0.23	$2.27	$0.23	9.87	$205.23

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$160.00	$155.00	Aug 21	$0.12	$4.88	$0.12	40.67	$159.88
$170.00	$165.00	Jul 31	$0.23	$4.77	$0.23	20.74	$169.77
$170.00	$160.00	Aug 14	$0.47	$9.53	$0.47	20.28	$169.53
$170.00	$167.50	Jul 24	$0.15	$2.35	$0.15	15.67	$169.85
$172.50	$170.00	Jul 24	$0.15	$2.35	$0.15	15.67	$172.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 119 found (best R:R 15.67, avg 1.38)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$175.00	$177.50	Jul 24	$2.35	$2.35	$0.15	15.67	$177.35
$165.00	$180.00	Jul 31	$14.10	$14.10	$0.90	15.67	$179.10
$160.00	$165.00	Aug 21	$4.65	$4.65	$0.35	13.29	$164.65
$165.00	$170.00	Aug 21	$4.60	$4.60	$0.40	11.50	$169.60
$170.00	$175.00	Jul 24	$4.50	$4.50	$0.50	9.00	$174.50

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$210.00	$202.50	Jul 24	$6.65	$6.65	$0.85	7.82	$203.35
$200.00	$197.50	Jul 24	$1.95	$1.95	$0.55	3.55	$198.05
$212.50	$210.00	Jul 24	$1.95	$1.95	$0.55	3.55	$210.55
$205.00	$200.00	Aug 21	$3.90	$3.90	$1.10	3.55	$201.10
$197.50	$195.00	Jul 24	$1.85	$1.85	$0.65	2.85	$195.65

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 39 found (avg debit $0.89, cheapest $0.32)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$215.00	Jul 24	Jul 31	$0.32	85.3%	54.0%
$210.00	Jul 24	Jul 31	$0.45	69.2%	47.2%
$205.00	Jul 24	Jul 31	$0.55	69.0%	45.4%
$207.50	Jul 24	Jul 31	$0.55	68.9%	46.9%
$225.00	Jul 24	Aug 21	$0.65	79.5%	38.7%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$165.00	Jul 24	Jul 31	$0.32	82.7%	56.9%
$162.50	Jul 24	Jul 31	$0.42	79.0%	61.8%
$170.00	Jul 24	Jul 31	$0.43	75.4%	52.0%
$175.00	Jul 24	Jul 31	$0.50	72.1%	48.1%
$177.50	Jul 24	Jul 31	$0.50	73.3%	47.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 42 found (cheapest 5.37% of stock, avg 8.56%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$187.50	Jul 24	$6.35	$3.85	$10.20	$177.30	$197.70	5.37%
$190.00	Jul 24	$5.05	$5.25	$10.30	$179.70	$200.30	5.43%
$192.50	Jul 24	$3.85	$6.45	$10.30	$182.20	$202.80	5.43%
$195.00	Jul 24	$2.73	$7.85	$10.58	$184.42	$205.58	5.57%
$185.00	Jul 24	$7.85	$2.95	$10.80	$174.20	$195.80	5.69%
$182.50	Jul 24	$9.65	$1.98	$11.63	$170.87	$194.13	6.13%
$197.50	Jul 24	$1.98	$9.70	$11.68	$185.82	$209.18	6.15%
$190.00	Jul 31	$5.95	$5.75	$11.70	$178.30	$201.70	6.17%
$192.50	Jul 31	$4.80	$7.05	$11.85	$180.65	$204.35	6.24%
$187.50	Jul 31	$7.35	$4.60	$11.95	$175.55	$199.45	6.30%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 136 found (cheapest 1.25% of stock, avg 3.76%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$210.00	$160.00	Aug 14	$1.50	$0.88	$2.38	$157.62	$212.38
$202.50	$180.00	Jul 24	$0.95	$1.48	$2.43	$177.57	$204.93
$210.00	$170.00	Aug 14	$1.50	$1.35	$2.85	$167.15	$212.85
$200.00	$180.00	Jul 24	$1.38	$1.48	$2.86	$177.14	$202.86
$202.50	$182.50	Jul 24	$0.95	$1.98	$2.93	$179.57	$205.43
$215.00	$165.00	Aug 28	$1.65	$1.40	$3.05	$161.95	$218.05
$205.00	$160.00	Aug 14	$2.20	$0.88	$3.08	$156.92	$208.08
$215.00	$160.00	Aug 28	$1.65	$1.42	$3.07	$156.93	$218.07
$205.00	$175.00	Aug 7	$1.78	$1.50	$3.28	$171.72	$208.28
$200.00	$182.50	Jul 24	$1.38	$1.98	$3.36	$179.14	$203.36

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 231 found (best R:R 16.86, avg credit $2.17)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
155/160	165/170	Aug 21	$4.72	$0.28	16.86	$155.28	$169.72
178/180	182/185	Jul 31	$2.32	$0.18	12.89	$177.68	$184.82
182/185	188/190	Jul 31	$2.30	$0.20	11.50	$182.70	$189.80
182/185	192/195	Aug 21	$2.30	$0.20	11.50	$182.70	$194.80
182/185	188/190	Jul 24	$2.27	$0.23	9.87	$182.73	$189.77
192/195	198/200	Aug 7	$2.27	$0.23	9.87	$192.73	$199.77
160/165	170/175	Aug 21	$4.53	$0.47	9.64	$160.47	$174.53
185/188	190/192	Aug 7	$2.25	$0.25	9.00	$185.25	$192.25
178/180	182/185	Jul 24	$2.23	$0.27	8.26	$177.77	$184.73
192/195	200/202	Jul 31	$2.23	$0.27	8.26	$192.77	$202.23

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 67 found (best R:R 70.43, cheapest $0.07)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$215.00	$220.00	$225.00	Aug 21	$0.07	$4.93	70.43
$170.00	$175.00	$180.00	Aug 21	$0.10	$4.90	49.00
$190.00	$192.50	$195.00	Jul 24	$0.08	$2.42	30.25
$205.00	$207.50	$210.00	Jul 24	$0.08	$2.42	30.25
$187.50	$190.00	$192.50	Jul 24	$0.10	$2.40	24.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$177.50	$180.00	$182.50	Jul 24	$0.07	$2.43	34.71
$170.00	$172.50	$175.00	Aug 21	$0.07	$2.43	34.71
$172.50	$175.00	$177.50	Aug 21	$0.07	$2.43	34.71
$160.00	$162.50	$165.00	Jul 24	$0.10	$2.40	24.00
$195.00	$197.50	$200.00	Jul 24	$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. 85 found (best net $-0.15, 77 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$195.00	$205.00	1:2	Aug 28	-$0.15	$9.85
$220.00	$225.00	1:2	Jul 24	-$0.05	$4.95
$220.00	$225.00	1:2	Aug 21	-$0.45	$4.55
$200.00	$205.00	1:2	Aug 7	-$0.58	$4.42
$215.00	$220.00	1:2	Aug 21	-$0.63	$4.37

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$190.00	$180.00	1:2	Aug 28	-$0.35	$9.65
$170.00	$160.00	1:2	Aug 14	-$0.41	$9.59
$165.00	$160.00	1:2	Aug 21	-$0.12	$4.88
$170.00	$165.00	1:2	Jul 31	-$0.27	$4.73
$160.00	$155.00	1:2	Aug 21	-$0.36	$4.64

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 49 found (best yield 4.48%, avg 1.46%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$190.00	Aug 28	$8.50	0.53	0.1%	4.48%	4.59%	--	74
$190.00	Aug 21	$7.80	0.53	0.1%	4.11%	4.23%	41	908
$192.50	Aug 21	$6.60	0.48	1.4%	3.48%	4.91%	--	69
$190.00	Aug 7	$6.50	0.52	0.1%	3.43%	3.54%	18	31
$195.00	Aug 28	$6.10	0.44	2.8%	3.21%	5.96%	1	9
$190.00	Jul 31	$5.60	0.52	0.1%	2.95%	3.07%	35	272
$195.00	Aug 21	$5.60	0.43	2.8%	2.95%	5.70%	55	908
$192.50	Aug 7	$5.30	0.46	1.4%	2.79%	4.23%	99	3
$195.00	Aug 14	$4.80	0.41	2.8%	2.53%	5.28%	--	19
$190.00	Jul 24	$4.70	0.51	0.1%	2.48%	2.59%	435	291

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 3,063

Total Puts 5,118

Put/Call Ratio 1.67

Net Difference -2,055

Prior's Put/Call Breakdown

Total Calls 1,123

Total Puts 681

Put/Call Ratio 0.61

Net Difference 442

Prior 7-Day Put/Call Summary

Total Calls 16,003

Total Puts 14,490

Average Put/Call Ratio 0.69

Ratio Trend Rising

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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