PM - Options Database

PHILIP MORRIS INTL I

$196.99 +4.76%

(7/21 18:01) ◀

Wednesday, July 22, 2026 (9:35am)

▶ (7/22 09:40)

◀ 7/22 09:35 ▶

Option Volume

Detail

ℹ

Current (07/22 9:35am) 1,316

Calls: 672 (51%)

Puts: 644 (49%)

Prior (07/17) 613

Calls: 460 (75%)

Puts: 153 (25%)

Current vs Prior +114.68%

Calls: +46.09% (Calls)

Puts: +320.92% (Puts)

Prior 7-Day Total 33,098

Calls: 15,438 (47%)

Puts: 17,660 (53%)

Prior 7-Day Average 8,274

Calls: 2,205 (47%)

Puts: 2,522 (53%)

Current vs Prior 7-Day Avg -84.10%

Calls: -69.53%

Puts: -74.47%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/22 9:35am) $675.2K

Calls: $501.8K (74%)

Puts: $173.3K (26%)

Prior (07/17) $485.4K

Calls: $414.7K (85%)

Puts: $70.7K (15%)

Current vs Prior +39.08%

Calls: +21.00%

Puts: +145.12%

Prior 7-Day Total $11.47M

Calls: $6.35M (55%)

Puts: $5.12M (45%)

Prior 7-Day Average $2.87M

Calls: $907.5K (55%)

Puts: $731.4K (45%)

Current vs Prior 7-Day Avg -76.46%

Calls: -44.70%

Puts: -76.30%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/22 9:35am) 0.96

Prior (07/17) 0.33

Current vs Prior +188.13%

Prior 7-Day Average 1.10

Current vs Prior 7-Day Avg -12.93%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/22 9:35am) 138,386

Calls: 64,046 (46%)

Puts: 74,340 (54%)

Prior (07/17) 147,006

Calls: 66,152 (45%)

Puts: 80,854 (55%)

Current vs Prior -5.86%

Prior 7-Day Total 550,002

Calls: 258,198 (47%)

Puts: 291,804 (53%)

Prior 7-Day Average 137,500

Calls: 64,549 (47%)

Puts: 72,951 (53%)

Current vs Prior 7-Day Avg +0.64%

Sentiment BULLISH

Expected Move

Detail

ℹ

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

Current 4.06% | 5.51%8.07% | 11.14%

Prior 2.37% | 6.58%2.37% | 10.76%

Current vs Prior +71.01% | -16.32%+239.88% | +3.52%

Prior 7-Day Avg 4.39% | 6.34%5.67% | 11.42%

Current vs 7-Day Avg -7.58% | -13.19%+42.45% | -2.39%

Prior 7-Day Eod 2.37% | 6.58%9.20% | 12.13%

Current vs 7-Day Eod +71.01% | -16.32%-12.27% | -8.10%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 67.03% | 39.49%

Calls: 53.49% | 45.28%

Puts: 80.56% | 33.70%

Prior 112.90% | 41.72%

Calls: 110.00% | 44.63%

Puts: 115.79% | 38.81%

Current vs Prior -40.63% | -5.35%

Prior 7-Day Avg 51.37% | 21.50%

Calls: 50.01% | 21.92%

Puts: 52.72% | 21.07%

Current vs 7-Day Avg +30.49% | +83.70%

Liquidity Expensive

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Moderately bullish flow with 74% call dollar volume ($501.8K). Unusually high activity with volume up 115% vs prior - elevated interest. P/C ratio rising 188% - increased hedging/bearish positioning.

Smart Money BULLISH

Retail Flow NEUTRAL

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

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
09:35	BULLISH	NEUTRAL	BULLISH

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⚡ Straddles

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⚖️ Ratio Spreads

🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 5 of results (avg 8.2%, best 6.7%)

CALLS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Aug 21	36.10	38.60	$37.35	6.7%	--	1.00	36
$165.00	Aug 21	31.30	33.70	$32.50	7.4%	--	0.95	30
$170.00	Aug 21	26.60	29.10	$27.85	9.0%	--	0.92	67
$160.00	Jul 24	34.50	37.80	$36.15	9.1%	--	1.00	11

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$230.00	Jul 24	32.30	35.30	$33.80	8.9%	1	0.90	--

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. 51 found (avg delta 0.77, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Jul 24	34.50	37.80	$36.15	9.1%	--	1.00	11
$170.00	Jul 24	24.40	27.80	$26.10	13.0%	--	1.00	26
$175.00	Jul 24	20.20	22.80	$21.50	12.1%	--	1.00	62
$177.50	Jul 24	17.00	20.30	$18.65	17.7%	--	1.00	19
$165.00	Jul 31	29.60	33.00	$31.30	10.9%	--	1.00	10

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Jul 24	12.60	15.70	$14.15	21.9%	1	0.92	10
$212.50	Jul 24	14.90	18.20	$16.55	19.9%	--	0.91	10
$230.00	Jul 24	32.30	35.30	$33.80	8.9%	1	0.90	--
$215.00	Jul 31	17.40	21.00	$19.20	18.8%	1	0.84	--
$202.50	Jul 24	5.90	8.50	$7.20	36.1%	--	0.76	15

Most actively traded options today. High liquidity = easy entry/exit. 70 active (total vol 953, top 196)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$185.00	Jul 31	10.70	13.90	$12.30	26.0%	101	0.82	132
$195.00	Aug 28	7.10	10.30	$8.70	36.8%	50	0.54	10
$200.00	Jul 24	1.50	2.50	$2.00	50.0%	45	0.36	507
$192.50	Jul 24	4.60	6.60	$5.60	35.7%	32	0.69	411
$215.00	Jul 24	0.00	0.20	$0.10	200.0%	31	0.03	56

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Jul 24	0.15	0.35	$0.25	80.0%	196	0.05	1.1K
$177.50	Jul 24	0.05	0.25	$0.15	133.3%	151	0.03	1.3K
$172.50	Jul 24	0.00	0.15	$0.08	187.5%	38	0.02	324
$170.00	Jul 24	0.00	0.10	$0.05	200.0%	23	0.01	529
$175.00	Jul 31	0.00	0.60	$0.30	200.0%	19	0.05	403

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 38 strikes (avg 90.5%, max 164.3%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$225.00	Jul 24	Aug 21	85.5%	32.3%	164.3%	1	63
$182.50	Jul 24	Aug 7	95.7%	39.5%	142.6%	19	112
$160.00	Jul 24	Aug 21	103.0%	43.3%	138.1%	--	47
$212.50	Jul 24	Aug 21	70.1%	32.8%	114.0%	--	264
$195.00	Jul 24	Aug 28	63.6%	30.2%	110.5%	69	399

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$160.00	Jul 24	Aug 28	103.0%	44.8%	129.9%	--	79
$165.00	Jul 24	Aug 28	89.1%	40.7%	118.6%	2	704
$195.00	Jul 24	Aug 28	63.6%	30.2%	110.5%	2	11
$187.50	Jul 24	Aug 21	65.2%	31.3%	108.1%	13	321
$175.00	Jul 24	Aug 21	80.5%	39.4%	104.1%	19	3.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 85 found (best R:R 82.33, avg 7.37)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$212.50	$230.00	Aug 7	$0.40	$17.10	$0.40	42.75	$212.90
$205.00	$210.00	Jul 31	$0.26	$4.74	$0.26	18.23	$205.26
$220.00	$225.00	Aug 21	$0.38	$4.62	$0.38	12.16	$220.38
$205.00	$207.50	Jul 24	$0.20	$2.30	$0.20	11.50	$205.20
$210.00	$212.50	Aug 7	$0.20	$2.30	$0.20	11.50	$210.20

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$170.00	$160.00	Aug 14	$0.12	$9.88	$0.12	82.33	$169.88
$175.00	$170.00	Aug 7	$0.10	$4.90	$0.10	49.00	$174.90
$165.00	$160.00	Aug 28	$0.12	$4.88	$0.12	40.67	$164.88
$165.00	$160.00	Aug 21	$0.17	$4.83	$0.17	28.41	$164.83
$180.00	$177.50	Jul 24	$0.10	$2.40	$0.10	24.00	$179.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 113 found (best R:R 69.00, avg 2.93)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$165.00	$180.00	Jul 31	$14.55	$14.55	$0.45	32.33	$179.55
$160.00	$165.00	Aug 21	$4.85	$4.85	$0.15	32.33	$164.85
$187.50	$190.00	Jul 24	$2.35	$2.35	$0.15	15.67	$189.85
$165.00	$170.00	Aug 21	$4.65	$4.65	$0.35	13.29	$169.65
$170.00	$175.00	Jul 24	$4.60	$4.60	$0.40	11.50	$174.60

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$230.00	$212.50	Jul 24	$17.25	$17.25	$0.25	69.00	$212.75
$210.00	$202.50	Jul 24	$6.95	$6.95	$0.55	12.64	$203.05
$215.00	$197.50	Jul 31	$13.65	$13.65	$3.85	3.55	$201.35
$205.00	$200.00	Aug 21	$3.45	$3.45	$1.55	2.23	$201.55
$195.00	$192.50	Aug 21	$1.70	$1.70	$0.80	2.13	$193.30

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 38 found (avg debit $1.00, cheapest $0.13)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$230.00	Aug 7	Aug 21	$0.13	57.8%	43.0%
$180.00	Jul 24	Jul 31	$0.30	70.9%	40.2%
$182.50	Jul 24	Jul 31	$0.35	95.7%	49.4%
$185.00	Jul 24	Jul 31	$0.40	62.5%	45.5%
$225.00	Jul 24	Aug 21	$0.47	85.5%	32.3%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$175.00	Jul 24	Jul 31	$0.15	80.5%	44.1%
$180.00	Jul 24	Jul 31	$0.28	70.9%	40.2%
$182.50	Jul 24	Jul 31	$0.30	95.7%	49.4%
$165.00	Jul 24	Jul 31	$0.47	89.1%	68.9%
$170.00	Jul 24	Jul 31	$0.75	82.3%	66.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 45 found (cheapest 3.53% of stock, avg 8.48%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$195.00	Jul 24	$3.85	$3.10	$6.95	$188.05	$201.95	3.53%
$192.50	Jul 24	$5.60	$1.95	$7.55	$184.95	$200.05	3.83%
$197.50	Jul 24	$3.47	$4.15	$7.62	$189.88	$205.12	3.87%
$200.00	Jul 24	$2.00	$5.85	$7.85	$192.15	$207.85	3.98%
$202.50	Jul 24	$1.08	$7.20	$8.28	$194.22	$210.78	4.20%
$190.00	Jul 24	$7.35	$1.10	$8.45	$181.55	$198.45	4.29%
$197.50	Jul 31	$4.10	$5.55	$9.65	$187.85	$207.15	4.90%
$195.00	Jul 31	$5.30	$4.45	$9.75	$185.25	$204.75	4.95%
$192.50	Jul 31	$6.85	$3.15	$10.00	$182.50	$202.50	5.08%
$190.00	Jul 31	$8.40	$1.92	$10.32	$179.68	$200.32	5.24%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 131 found (cheapest 0.75% of stock, avg 3.06%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$207.50	$187.50	Jul 24	$0.55	$0.93	$1.48	$186.02	$208.98
$207.50	$190.00	Jul 24	$0.55	$1.10	$1.65	$188.35	$209.15
$205.00	$187.50	Jul 24	$0.75	$0.93	$1.68	$185.82	$206.68
$207.50	$182.50	Jul 24	$0.55	$1.20	$1.75	$180.75	$209.25
$205.00	$190.00	Jul 24	$0.75	$1.10	$1.85	$188.15	$206.85
$205.00	$182.50	Jul 24	$0.75	$1.20	$1.95	$180.55	$206.95
$202.50	$187.50	Jul 24	$1.08	$0.93	$2.01	$185.49	$204.51
$202.50	$190.00	Jul 24	$1.08	$1.10	$2.18	$187.82	$204.68
$202.50	$182.50	Jul 24	$1.08	$1.20	$2.28	$180.22	$204.78
$207.50	$192.50	Jul 24	$0.55	$1.95	$2.50	$190.00	$210.00

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 166 found (best R:R 37.46, avg credit $2.35)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
165/168	170/175	Jul 24	$4.87	$0.13	37.46	$162.63	$174.87
160/162	170/175	Jul 24	$4.82	$0.18	26.78	$157.68	$174.82
178/180	182/185	Jul 24	$2.40	$0.10	24.00	$177.60	$184.90
170/172	188/190	Jul 31	$2.38	$0.12	19.83	$170.12	$189.88
190/192	198/200	Jul 31	$2.38	$0.12	19.83	$190.12	$199.88
175/178	202/205	Jul 31	$2.32	$0.18	12.89	$175.18	$204.82
180/182	202/205	Jul 31	$2.32	$0.18	12.89	$180.18	$204.82
178/180	185/188	Jul 24	$2.30	$0.20	11.50	$177.70	$187.30
165/170	175/180	Aug 21	$4.58	$0.42	10.90	$165.42	$179.58
170/172	185/188	Jul 31	$2.28	$0.22	10.36	$170.22	$187.28

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 65 found (best R:R 49.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$195.00	$197.50	$200.00	Jul 31	$0.05	$2.45	49.00
$195.00	$200.00	$205.00	Aug 28	$0.10	$4.90	49.00
$182.50	$185.00	$187.50	Jul 24	$0.10	$2.40	24.00
$160.00	$165.00	$170.00	Aug 21	$0.20	$4.80	24.00
$202.50	$205.00	$207.50	Jul 24	$0.13	$2.37	18.23

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$182.50	$185.00	$187.50	Jul 31	$0.05	$2.45	49.00
$190.00	$192.50	$195.00	Jul 31	$0.07	$2.43	34.71
$165.00	$170.00	$175.00	Aug 21	$0.14	$4.86	34.71
$175.00	$180.00	$185.00	Aug 7	$0.18	$4.82	26.78
$175.00	$177.50	$180.00	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. 90 found (best net $-0.70, 79 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$212.50	$230.00	1:2	Aug 7	-$0.70	$16.80
$165.00	$180.00	1:2	Jul 31	-$2.20	$12.80
$202.50	$210.00	1:2	Aug 21	-$0.60	$6.90
$220.00	$225.00	1:2	Jul 24	-$0.16	$4.84
$215.00	$220.00	1:2	Aug 21	-$0.21	$4.79

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$170.00	$160.00	1:2	Aug 14	-$1.03	$8.97
$210.00	$202.50	1:2	Jul 24	-$0.25	$7.25
$170.00	$165.00	1:2	Aug 7	-$0.07	$4.93
$170.00	$165.00	1:2	Aug 21	-$0.17	$4.83
$170.00	$165.00	1:2	Jul 31	-$0.20	$4.80

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 29 found (best yield 2.79%, avg 0.96%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$197.50	Aug 21	$5.50	0.49	0.3%	2.79%	3.05%	--	19
$200.00	Aug 28	$5.20	0.45	1.5%	2.64%	4.17%	1	6
$200.00	Aug 21	$4.50	0.44	1.5%	2.28%	3.81%	8	1.7K
$197.50	Aug 7	$3.90	0.47	0.3%	1.98%	2.24%	--	41
$200.00	Aug 14	$3.80	0.43	1.5%	1.93%	3.46%	--	137
$202.50	Aug 21	$3.70	0.39	2.8%	1.88%	4.68%	1	11
$205.00	Aug 28	$3.30	0.36	4.1%	1.68%	5.74%	--	75
$200.00	Aug 7	$2.95	0.40	1.5%	1.50%	3.03%	--	135
$197.50	Jul 31	$2.70	0.46	0.3%	1.37%	1.63%	1	16
$197.50	Jul 24	$2.15	0.48	0.3%	1.09%	1.35%	11	134

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 672

Total Puts 644

Put/Call Ratio 0.96

Net Difference 28

Prior's Put/Call Breakdown

Total Calls 460

Total Puts 153

Put/Call Ratio 0.33

Net Difference 307

Prior 7-Day Put/Call Summary

Total Calls 15,438

Total Puts 17,660

Average Put/Call Ratio 1.10

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

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📈 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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