PM - Options Database

PHILIP MORRIS INTL I

$197.06 +4.79%

(7/22 09:35) ◀

Wednesday, July 22, 2026 (9:40am)

▶ (7/22 09:45)

◀ 7/22 09:40 ▶

Option Volume

Detail

ℹ

Current (07/22 9:40am) 2,066

Calls: 972 (47%)

Puts: 1,094 (53%)

Prior (07/17) 1,001

Calls: 775 (77%)

Puts: 226 (23%)

Current vs Prior +106.39%

Calls: +25.42% (Calls)

Puts: +384.07% (Puts)

Prior 7-Day Total 34,414

Calls: 16,110 (47%)

Puts: 18,304 (53%)

Prior 7-Day Average 6,882

Calls: 2,301 (47%)

Puts: 2,614 (53%)

Current vs Prior 7-Day Avg -69.98%

Calls: -57.77%

Puts: -58.16%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/22 9:40am) $1.06M

Calls: $778.7K (73%)

Puts: $283.4K (27%)

Prior (07/17) $806.3K

Calls: $717.4K (89%)

Puts: $88.9K (11%)

Current vs Prior +31.73%

Calls: +8.54%

Puts: +218.92%

Prior 7-Day Total $12.15M

Calls: $6.85M (56%)

Puts: $5.29M (44%)

Prior 7-Day Average $2.43M

Calls: $979.2K (56%)

Puts: $756.2K (44%)

Current vs Prior 7-Day Avg -56.28%

Calls: -20.48%

Puts: -62.52%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/22 9:40am) 1.13

Prior (07/17) 0.29

Current vs Prior +285.96%

Prior 7-Day Average 1.07

Current vs Prior 7-Day Avg +4.98%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/22 9:40am) 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 688,388

Calls: 322,244 (47%)

Puts: 366,144 (53%)

Prior 7-Day Average 137,677

Calls: 64,448 (47%)

Puts: 73,228 (53%)

Current vs Prior 7-Day Avg +0.51%

Sentiment BULLISH

Expected Move

Detail

ℹ

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

Current 4.16% | 5.68%8.12% | 11.21%

Prior 6.11% | 6.90%8.96% | 12.07%

Current vs Prior -31.92% | -17.66%-9.36% | -7.06%

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

Current vs 7-Day Avg -5.31% | -10.42%+43.29% | -1.76%

Prior 7-Day Eod 6.11% | 6.90%9.20% | 12.13%

Current vs 7-Day Eod -31.92% | -17.66%-11.75% | -7.51%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 55.16% | 30.91%

Calls: 38.10% | 32.48%

Puts: 72.22% | 29.35%

Prior 19.13% | 11.22%

Calls: 17.32% | 6.80%

Puts: 20.95% | 15.65%

Current vs Prior +188.34% | +175.49%

Prior 7-Day Avg 43.31% | 18.93%

Calls: 41.84% | 18.14%

Puts: 44.78% | 19.71%

Current vs 7-Day Avg +27.37% | +63.31%

Liquidity Expensive

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Moderately bullish flow with 73% call dollar volume ($778.7K). Unusually high activity with volume up 106% vs prior - elevated interest. Slightly bearish P/C ratio of 1.13. P/C ratio rising 286% - increased hedging/bearish positioning.

Smart Money BULLISH

Retail Flow BEARISH

Overall BEARISH

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
09:40	BULLISH	BEARISH	BEARISH
09:35	BULLISH	NEUTRAL	BULLISH

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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 8.7%, best 7.8%)

CALLS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Jul 31	3.70	4.00	$3.85	7.8%	5	0.40	521
$160.00	Aug 21	36.10	39.30	$37.70	8.5%	--	1.00	36
$160.00	Jul 24	35.20	38.40	$36.80	8.7%	--	1.00	11
$165.00	Aug 21	31.30	34.50	$32.90	9.7%	--	0.96	30

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$230.00	Jul 24	31.80	34.80	$33.30	9.0%	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. 52 found (avg delta 0.78, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Jul 24	35.20	38.40	$36.80	8.7%	--	1.00	11
$170.00	Jul 24	25.10	28.40	$26.75	12.3%	--	1.00	26
$175.00	Jul 24	20.30	23.40	$21.85	14.2%	--	1.00	62
$177.50	Jul 24	17.90	21.00	$19.45	15.9%	--	1.00	19
$165.00	Jul 31	30.40	33.60	$32.00	10.0%	--	1.00	10

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Jul 24	12.00	14.60	$13.30	19.5%	1	0.91	10
$212.50	Jul 24	14.30	17.50	$15.90	20.1%	--	0.91	10
$230.00	Jul 24	31.80	34.80	$33.30	9.0%	1	0.90	--
$207.50	Jul 24	9.70	12.80	$11.25	27.6%	1	0.87	--
$215.00	Jul 31	17.20	20.30	$18.75	16.5%	1	0.86	--

Most actively traded options today. High liquidity = easy entry/exit. 77 active (total vol 1.4K, top 239)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$185.00	Jul 31	11.60	14.30	$12.95	20.8%	101	0.83	132
$200.00	Jul 24	1.45	2.40	$1.92	49.5%	84	0.35	507
$195.00	Aug 28	8.30	10.00	$9.15	18.6%	50	0.55	10
$210.00	Jul 24	0.05	0.65	$0.35	171.4%	45	0.09	321
$192.50	Jul 24	4.80	6.50	$5.65	30.1%	34	0.70	411

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Jul 24	0.10	0.35	$0.22	113.6%	239	0.05	1.1K
$177.50	Jul 24	0.05	0.20	$0.13	115.4%	181	0.03	1.3K
$170.00	Aug 21	0.75	1.10	$0.93	37.6%	121	0.09	546
$172.50	Jul 24	0.00	0.15	$0.08	187.5%	58	0.02	324
$175.00	Jul 24	0.05	0.35	$0.20	150.0%	57	0.04	529

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 88.7%, max 164.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$225.00	Jul 24	Aug 21	85.4%	32.3%	164.4%	1	63
$182.50	Jul 24	Aug 7	96.0%	40.4%	137.7%	19	112
$160.00	Jul 24	Aug 21	103.2%	43.8%	135.8%	--	47
$212.50	Jul 24	Aug 21	71.9%	32.7%	120.1%	--	264
$175.00	Jul 24	Aug 21	85.0%	39.5%	115.3%	2	525

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$160.00	Jul 24	Aug 28	103.2%	45.2%	128.4%	--	79
$165.00	Jul 24	Aug 28	89.2%	41.1%	116.9%	2	704
$175.00	Jul 24	Aug 21	85.0%	39.5%	115.3%	58	3.4K
$195.00	Jul 24	Aug 28	62.4%	31.1%	100.9%	2	11
$180.00	Jul 24	Aug 21	69.6%	34.8%	100.0%	245	1.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 85 found (best R:R 54.56, avg 7.00)

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	$0.28	$4.72	$0.28	16.86	$205.28
$210.00	$215.00	Jul 31	$0.29	$4.71	$0.29	16.24	$210.29
$207.50	$210.00	Jul 24	$0.20	$2.30	$0.20	11.50	$207.70
$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	$0.18	$9.82	$0.18	54.56	$169.82
$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
$175.00	$170.00	Aug 14	$0.15	$4.85	$0.15	32.33	$174.85
$165.00	$160.00	Aug 21	$0.15	$4.85	$0.15	32.33	$164.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 113 found (best R:R 174.00, avg 4.18)

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	$14.50	$14.50	$0.50	29.00	$179.50
$160.00	$165.00	Aug 21	$4.80	$4.80	$0.20	24.00	$164.80
$165.00	$170.00	Aug 21	$4.70	$4.70	$0.30	15.67	$169.70
$185.00	$187.50	Jul 24	$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	$17.40	$17.40	$0.10	174.00	$212.60
$207.50	$202.50	Jul 24	$4.25	$4.25	$0.75	5.67	$203.25
$210.00	$207.50	Jul 24	$2.05	$2.05	$0.45	4.56	$207.95
$215.00	$197.50	Jul 31	$13.40	$13.40	$4.10	3.27	$201.60
$202.50	$200.00	Jul 24	$1.70	$1.70	$0.80	2.13	$200.80

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 38 found (avg debit $1.01, cheapest $0.08)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$230.00	Aug 7	Aug 21	$0.13	57.0%	43.0%
$225.00	Jul 24	Aug 21	$0.47	85.4%	32.3%
$180.00	Jul 24	Jul 31	$0.55	69.6%	40.5%
$182.50	Jul 24	Jul 31	$0.60	96.0%	49.5%
$205.00	Jul 24	Jul 31	$0.70	52.7%	37.1%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$175.00	Jul 24	Jul 31	$0.08	85.0%	43.6%
$172.50	Jul 24	Jul 31	$0.17	79.6%	47.2%
$182.50	Jul 24	Jul 31	$0.28	96.0%	49.5%
$170.00	Jul 24	Jul 31	$0.30	75.7%	54.2%
$180.00	Jul 24	Jul 31	$0.31	69.6%	40.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 47 found (cheapest 3.66% of stock, avg 8.52%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$200.00	Jul 24	$1.92	$5.30	$7.22	$192.78	$207.22	3.66%
$195.00	Jul 24	$4.20	$3.08	$7.28	$187.72	$202.28	3.69%
$197.50	Jul 24	$3.38	$4.00	$7.38	$190.12	$204.88	3.75%
$192.50	Jul 24	$5.65	$1.80	$7.45	$185.05	$199.95	3.78%
$202.50	Jul 24	$1.48	$7.00	$8.48	$194.02	$210.98	4.30%
$190.00	Jul 24	$7.65	$1.10	$8.75	$181.25	$198.75	4.44%
$197.50	Jul 31	$4.15	$5.35	$9.50	$188.00	$207.00	4.82%
$192.50	Jul 31	$7.05	$3.15	$10.20	$182.30	$202.70	5.18%
$195.00	Jul 31	$5.85	$4.35	$10.20	$184.80	$205.20	5.18%
$187.50	Jul 24	$9.90	$0.63	$10.53	$176.97	$198.03	5.34%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 131 found (cheapest 0.60% of stock, avg 3.15%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$207.50	$187.50	Jul 24	$0.55	$0.63	$1.18	$186.32	$208.68
$205.00	$187.50	Jul 24	$0.85	$0.63	$1.48	$186.02	$206.48
$207.50	$190.00	Jul 24	$0.55	$1.10	$1.65	$188.35	$209.15
$207.50	$182.50	Jul 24	$0.55	$1.20	$1.75	$180.75	$209.25
$205.00	$190.00	Jul 24	$0.85	$1.10	$1.95	$188.05	$206.95
$205.00	$182.50	Jul 24	$0.85	$1.20	$2.05	$180.45	$207.05
$202.50	$187.50	Jul 24	$1.48	$0.63	$2.11	$185.39	$204.61
$207.50	$192.50	Jul 24	$0.55	$1.80	$2.35	$190.15	$209.85
$220.00	$160.00	Aug 28	$1.63	$0.90	$2.53	$157.47	$222.53
$200.00	$187.50	Jul 24	$1.92	$0.63	$2.55	$184.95	$202.55

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 154 found (best R:R 40.67, avg credit $2.39)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
165/170	175/180	Aug 21	$4.88	$0.12	40.67	$165.12	$179.88
170/175	180/185	Aug 21	$4.87	$0.13	37.46	$170.13	$184.87
170/175	180/185	Aug 14	$4.75	$0.25	19.00	$170.25	$184.75
160/165	170/175	Aug 21	$4.75	$0.25	19.00	$160.25	$174.75
160/165	175/180	Aug 21	$4.75	$0.25	19.00	$160.25	$179.75
172/175	182/185	Jul 24	$2.37	$0.13	18.23	$172.63	$184.87
172/175	188/190	Jul 24	$2.37	$0.13	18.23	$172.63	$189.87
188/190	195/198	Aug 21	$2.30	$0.20	11.50	$187.70	$197.30
192/195	198/200	Aug 21	$2.30	$0.20	11.50	$192.70	$199.80
165/168	190/192	Jul 24	$2.27	$0.23	9.87	$165.23	$192.27

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 67 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$215.00	$220.00	$225.00	Aug 21	$0.05	$4.95	99.00
$185.00	$187.50	$190.00	Jul 24	$0.05	$2.45	49.00
$160.00	$165.00	$170.00	Aug 21	$0.10	$4.90	49.00
$165.00	$170.00	$175.00	Aug 21	$0.10	$4.90	49.00
$200.00	$205.00	$210.00	Aug 14	$0.18	$4.82	26.78

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$160.00	$165.00	$170.00	Aug 21	$0.13	$4.87	37.46
$170.00	$172.50	$175.00	Jul 24	$0.07	$2.43	34.71
$195.00	$200.00	$205.00	Aug 21	$0.15	$4.85	32.33
$175.00	$180.00	$185.00	Aug 14	$0.17	$4.83	28.41
$175.00	$180.00	$185.00	Aug 7	$0.18	$4.82	26.78

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 89 found (best net $-0.70, 76 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	-$3.00	$12.00
$202.50	$210.00	1:2	Aug 21	-$0.66	$6.84
$220.00	$225.00	1:2	Aug 21	-$0.05	$4.95
$220.00	$225.00	1:2	Jul 24	-$0.16	$4.84

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$170.00	$160.00	1:2	Aug 14	-$0.97	$9.03
$170.00	$165.00	1:2	Aug 7	-$0.07	$4.93
$175.00	$170.00	1:2	Aug 21	-$0.11	$4.89
$170.00	$165.00	1:2	Aug 28	-$0.34	$4.66
$165.00	$160.00	1:2	Aug 21	-$0.35	$4.65

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 30 found (best yield 2.89%, avg 1.00%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$197.50	Aug 21	$5.70	0.49	0.2%	2.89%	3.12%	9	19
$200.00	Aug 28	$5.30	0.45	1.5%	2.69%	4.18%	1	6
$200.00	Aug 21	$5.00	0.44	1.5%	2.54%	4.03%	8	1.7K
$197.50	Aug 7	$4.00	0.48	0.2%	2.03%	2.25%	--	41
$200.00	Aug 14	$3.80	0.43	1.5%	1.93%	3.42%	--	137
$200.00	Jul 31	$3.70	0.40	1.5%	1.88%	3.37%	5	521
$202.50	Aug 21	$3.70	0.39	2.8%	1.88%	4.64%	1	11
$205.00	Aug 28	$3.40	0.36	4.0%	1.73%	5.75%	--	75
$200.00	Aug 7	$2.95	0.41	1.5%	1.50%	2.99%	--	135
$197.50	Jul 31	$2.80	0.47	0.2%	1.42%	1.64%	1	16

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 972

Total Puts 1,094

Put/Call Ratio 1.13

Net Difference -122

Prior's Put/Call Breakdown

Total Calls 775

Total Puts 226

Put/Call Ratio 0.29

Net Difference 549

Prior 7-Day Put/Call Summary

Total Calls 16,110

Total Puts 18,304

Average Put/Call Ratio 1.07

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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