PM - Options Database

PHILIP MORRIS INTL I

$193.37 +2.83%

(7/22 09:40) ◀

Wednesday, July 22, 2026 (9:45am)

▶ (7/22 09:50)

◀ 7/22 09:45 ▶

Option Volume

Detail

ℹ

Current (07/22 9:45am) 3,081

Calls: 1,808 (59%)

Puts: 1,273 (41%)

Prior (07/17) 1,365

Calls: 877 (64%)

Puts: 488 (36%)

Current vs Prior +125.71%

Calls: +106.16% (Calls)

Puts: +160.86% (Puts)

Prior 7-Day Total 36,480

Calls: 17,082 (47%)

Puts: 19,398 (53%)

Prior 7-Day Average 6,080

Calls: 2,440 (47%)

Puts: 2,771 (53%)

Current vs Prior 7-Day Avg -49.33%

Calls: -25.91%

Puts: -54.06%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/22 9:45am) $1.18M

Calls: $823.9K (70%)

Puts: $351.8K (30%)

Prior (07/17) $1.29M

Calls: $850.8K (66%)

Puts: $438.7K (34%)

Current vs Prior -8.83%

Calls: -3.17%

Puts: -19.81%

Prior 7-Day Total $13.21M

Calls: $7.63M (58%)

Puts: $5.58M (42%)

Prior 7-Day Average $2.20M

Calls: $1.09M (58%)

Puts: $796.7K (42%)

Current vs Prior 7-Day Avg -46.60%

Calls: -24.45%

Puts: -55.84%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/22 9:45am) 0.70

Prior (07/17) 0.56

Current vs Prior +26.53%

Prior 7-Day Average 1.08

Current vs Prior 7-Day Avg -34.87%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/22 9:45am) 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 826,774

Calls: 386,290 (47%)

Puts: 440,484 (53%)

Prior 7-Day Average 137,795

Calls: 64,381 (47%)

Puts: 73,414 (53%)

Current vs Prior 7-Day Avg +0.43%

Sentiment BULLISH

Expected Move

Detail

ℹ

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

Current 4.01% | 5.56%8.04% | 11.14%

Prior 6.11% | 6.90%8.96% | 12.07%

Current vs Prior -34.43% | -19.46%-10.23% | -7.64%

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

Current vs 7-Day Avg -8.80% | -12.38%+41.92% | -2.37%

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

Current vs 7-Day Eod -34.43% | -19.46%-12.59% | -8.09%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 55.26% | 35.77%

Calls: 38.72% | 43.48%

Puts: 71.79% | 28.06%

Prior 19.13% | 11.22%

Calls: 17.32% | 6.80%

Puts: 20.95% | 15.65%

Current vs Prior +188.87% | +218.81%

Prior 7-Day Avg 43.31% | 18.93%

Calls: 41.84% | 18.14%

Puts: 44.78% | 19.71%

Current vs 7-Day Avg +27.60% | +88.98%

Liquidity Expensive

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Moderately bullish flow with 70% call dollar volume ($823.9K). Unusually high activity with volume up 126% vs prior - elevated interest.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

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
09:45	BULLISH	BULLISH	BULLISH
09:40	BULLISH	BEARISH	BEARISH
09:35	BULLISH	NEUTRAL	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 5 of results (avg 8.7%, best 7.8%)

CALLS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Aug 21	33.40	36.10	$34.75	7.8%	--	0.96	36
$160.00	Jul 24	32.40	35.10	$33.75	8.0%	--	1.00	11
$165.00	Aug 21	28.60	31.60	$30.10	10.0%	--	0.93	30
$165.00	Jul 31	27.60	30.50	$29.05	10.0%	--	0.95	10

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$230.00	Jul 24	34.80	37.70	$36.25	8.0%	1	0.94	--

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. 55 found (avg delta 0.76, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Jul 24	32.40	35.10	$33.75	8.0%	--	1.00	11
$170.00	Jul 24	22.30	25.30	$23.80	12.6%	--	1.00	26
$175.00	Jul 24	17.50	20.10	$18.80	13.8%	1	0.97	62
$177.50	Jul 24	15.10	18.00	$16.55	17.5%	--	0.96	19
$160.00	Aug 21	33.40	36.10	$34.75	7.8%	--	0.96	36

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$207.50	Jul 24	12.50	15.40	$13.95	20.8%	1	1.00	--
$210.00	Jul 24	15.30	17.80	$16.55	15.1%	2	1.00	10
$212.50	Jul 24	17.70	20.30	$19.00	13.7%	--	1.00	10
$202.50	Jul 24	7.80	10.80	$9.30	32.3%	--	0.95	15
$215.00	Jul 31	20.10	23.10	$21.60	13.9%	1	0.95	--

Most actively traded options today. High liquidity = easy entry/exit. 88 active (total vol 2.3K, top 649)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Jul 24	0.90	1.20	$1.05	28.6%	649	0.24	507
$185.00	Jul 31	9.30	12.10	$10.70	26.2%	101	0.79	132
$195.00	Jul 24	1.85	4.10	$2.97	75.8%	96	0.48	389
$195.00	Aug 28	6.70	9.40	$8.05	33.5%	50	0.52	10
$205.00	Jul 24	0.05	0.70	$0.38	171.1%	49	0.10	420

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Jul 24	0.20	0.55	$0.38	92.1%	247	0.07	1.1K
$177.50	Jul 24	0.05	0.35	$0.20	150.0%	210	0.04	1.3K
$170.00	Aug 21	0.75	2.30	$1.53	101.3%	121	0.12	546
$175.00	Jul 24	0.05	0.30	$0.18	138.9%	103	0.04	529
$172.50	Jul 24	0.00	0.25	$0.13	192.3%	71	0.03	324

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 39 strikes (avg 78.2%, max 175.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$225.00	Jul 24	Aug 21	92.0%	33.4%	175.4%	1	63
$160.00	Jul 24	Aug 21	98.0%	42.7%	129.2%	--	47
$212.50	Jul 24	Aug 21	73.7%	33.1%	122.5%	1	264
$220.00	Jul 24	Aug 28	77.3%	34.8%	121.9%	1	30
$180.00	Jul 24	Aug 21	67.4%	34.3%	96.8%	6	902

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$155.00	Jul 24	Aug 28	112.2%	48.5%	131.3%	1	108
$160.00	Jul 24	Aug 28	98.0%	44.0%	122.5%	--	79
$165.00	Jul 24	Aug 28	83.9%	40.0%	110.0%	3	704
$177.50	Jul 24	Aug 21	69.3%	35.1%	97.5%	210	1.4K
$180.00	Jul 24	Aug 21	67.4%	34.3%	96.8%	254	1.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 92 found (best R:R 49.00, avg 6.69)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$212.50	$230.00	Aug 7	$0.35	$17.15	$0.35	49.00	$212.85
$210.00	$215.00	Jul 31	$0.29	$4.71	$0.29	16.24	$210.29
$212.50	$215.00	Aug 21	$0.18	$2.32	$0.18	12.89	$212.68
$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	$0.20	$9.80	$0.20	49.00	$169.80
$165.00	$160.00	Aug 28	$0.12	$4.88	$0.12	40.67	$164.88
$160.00	$155.00	Aug 21	$0.15	$4.85	$0.15	32.33	$159.85
$172.50	$170.00	Jul 24	$0.10	$2.40	$0.10	24.00	$172.40
$175.00	$170.00	Aug 14	$0.20	$4.80	$0.20	24.00	$174.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 118 found (best R:R 69.00, avg 2.38)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$165.00	$180.00	Jul 31	$14.25	$14.25	$0.75	19.00	$179.25
$170.00	$175.00	Aug 21	$4.70	$4.70	$0.30	15.67	$174.70
$160.00	$165.00	Aug 21	$4.65	$4.65	$0.35	13.29	$164.65
$180.00	$182.50	Jul 24	$2.30	$2.30	$0.20	11.50	$182.30
$165.00	$170.00	Aug 21	$4.55	$4.55	$0.45	10.11	$169.55

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
$207.50	$202.50	Jul 24	$4.65	$4.65	$0.35	13.29	$202.85
$202.50	$200.00	Jul 24	$2.20	$2.20	$0.30	7.33	$200.30
$215.00	$197.50	Jul 31	$15.15	$15.15	$2.35	6.45	$199.85
$200.00	$197.50	Jul 24	$2.00	$2.00	$0.50	4.00	$198.00

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 39 found (avg debit $1.14, cheapest $0.13)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$230.00	Aug 7	Aug 21	$0.13	59.0%	44.2%
$225.00	Jul 24	Aug 21	$0.47	92.0%	33.4%
$180.00	Jul 24	Jul 31	$0.75	67.4%	48.4%
$215.00	Jul 24	Jul 31	$0.88	65.1%	52.1%
$182.50	Jul 24	Jul 31	$0.90	65.8%	47.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$175.00	Jul 24	Jul 31	$0.27	76.0%	46.4%
$170.00	Jul 24	Jul 31	$0.42	70.3%	55.3%
$165.00	Jul 24	Jul 31	$0.47	83.9%	67.2%
$172.50	Jul 24	Jul 31	$0.57	79.7%	57.0%
$180.00	Jul 24	Jul 31	$0.77	67.4%	48.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 47 found (cheapest 3.29% of stock, avg 8.11%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$195.00	Jul 24	$2.97	$3.40	$6.37	$188.63	$201.37	3.29%
$192.50	Jul 24	$4.35	$2.40	$6.75	$185.75	$199.25	3.49%
$197.50	Jul 24	$1.85	$5.10	$6.95	$190.55	$204.45	3.59%
$190.00	Jul 24	$5.70	$1.90	$7.60	$182.40	$197.60	3.93%
$200.00	Jul 24	$1.05	$7.10	$8.15	$191.85	$208.15	4.21%
$187.50	Jul 24	$7.50	$1.20	$8.70	$178.80	$196.20	4.50%
$192.50	Jul 31	$5.75	$3.65	$9.40	$183.10	$201.90	4.86%
$195.00	Jul 31	$4.50	$5.00	$9.50	$185.50	$204.50	4.91%
$197.50	Jul 31	$3.50	$6.45	$9.95	$187.55	$207.45	5.15%
$202.50	Jul 24	$0.73	$9.30	$10.03	$192.47	$212.53	5.19%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 135 found (cheapest 0.47% of stock, avg 2.94%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$205.00	$182.50	Jul 24	$0.38	$0.53	$0.91	$181.59	$205.91
$205.00	$185.00	Jul 24	$0.38	$0.70	$1.08	$183.92	$206.08
$202.50	$182.50	Jul 24	$0.73	$0.53	$1.26	$181.24	$203.76
$202.50	$185.00	Jul 24	$0.73	$0.70	$1.43	$183.57	$203.93
$200.00	$182.50	Jul 24	$1.05	$0.53	$1.58	$180.92	$201.58
$205.00	$187.50	Jul 24	$0.38	$1.20	$1.58	$185.92	$206.58
$200.00	$185.00	Jul 24	$1.05	$0.70	$1.75	$183.25	$201.75
$202.50	$187.50	Jul 24	$0.73	$1.20	$1.93	$185.57	$204.43
$200.00	$187.50	Jul 24	$1.05	$1.20	$2.25	$185.25	$202.25
$205.00	$190.00	Jul 24	$0.38	$1.90	$2.28	$187.72	$207.28

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 190 found (best R:R 32.33, avg credit $2.22)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
155/160	170/175	Aug 21	$4.85	$0.15	32.33	$155.15	$174.85
175/178	190/192	Jul 31	$2.40	$0.10	24.00	$175.10	$192.40
170/175	180/185	Aug 21	$4.75	$0.25	19.00	$170.25	$184.75
160/162	182/185	Jul 24	$2.37	$0.13	18.23	$160.13	$184.87
165/168	185/188	Jul 24	$2.37	$0.13	18.23	$165.13	$187.37
165/170	180/185	Aug 21	$4.73	$0.27	17.52	$165.27	$184.73
170/172	175/178	Jul 24	$2.35	$0.15	15.67	$170.15	$177.35
175/178	188/190	Jul 31	$2.35	$0.15	15.67	$175.15	$189.85
155/160	165/170	Aug 21	$4.70	$0.30	15.67	$155.30	$169.70
178/180	182/185	Jul 24	$2.33	$0.17	13.71	$177.67	$184.83

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 71 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$200.00	$205.00	$210.00	Aug 14	$0.07	$4.93	70.43
$182.50	$185.00	$187.50	Jul 24	$0.05	$2.45	49.00
$180.00	$182.50	$185.00	Aug 7	$0.05	$2.45	49.00
$160.00	$165.00	$170.00	Aug 21	$0.10	$4.90	49.00
$195.00	$197.50	$200.00	Jul 31	$0.08	$2.42	30.25

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$155.00	$160.00	$165.00	Aug 28	$0.05	$4.95	99.00
$192.50	$195.00	$197.50	Jul 31	$0.10	$2.40	24.00
$155.00	$160.00	$165.00	Aug 21	$0.20	$4.80	24.00
$190.00	$192.50	$195.00	Aug 21	$0.10	$2.40	24.00
$170.00	$175.00	$180.00	Aug 7	$0.23	$4.77	20.74

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 94 found (best net $-0.75, 85 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$212.50	$230.00	1:2	Aug 7	-$0.75	$16.75
$165.00	$180.00	1:2	Jul 31	-$0.55	$14.45
$210.00	$220.00	1:2	Aug 28	-$0.23	$9.77
$202.50	$210.00	1:2	Aug 21	-$0.91	$6.59
$220.00	$225.00	1:2	Jul 24	-$0.16	$4.84

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$230.00	$212.50	1:2	Jul 24	-$1.75	$15.75
$170.00	$160.00	1:2	Aug 14	-$1.00	$9.00
$160.00	$155.00	1:2	Jul 24	-$0.03	$4.97
$170.00	$165.00	1:2	Aug 7	-$0.07	$4.93
$165.00	$160.00	1:2	Aug 21	-$0.15	$4.85

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 34 found (best yield 3.46%, avg 1.12%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$195.00	Aug 28	$6.70	0.52	0.8%	3.46%	4.31%	50	10
$195.00	Aug 21	$5.90	0.52	0.8%	3.05%	3.89%	7	923
$195.00	Aug 14	$5.30	0.51	0.8%	2.74%	3.58%	--	19
$197.50	Aug 21	$4.90	0.47	2.1%	2.53%	4.67%	9	19
$200.00	Aug 28	$4.70	0.43	3.4%	2.43%	5.86%	1	6
$195.00	Aug 7	$4.60	0.51	0.8%	2.38%	3.22%	1	74
$200.00	Aug 21	$4.00	0.41	3.4%	2.07%	5.50%	11	1.7K
$197.50	Aug 7	$3.80	0.45	2.1%	1.97%	4.10%	--	41
$195.00	Jul 31	$3.60	0.51	0.8%	1.86%	2.70%	11	106
$200.00	Aug 14	$3.20	0.40	3.4%	1.65%	5.08%	--	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 1,808

Total Puts 1,273

Put/Call Ratio 0.70

Net Difference 535

Prior's Put/Call Breakdown

Total Calls 877

Total Puts 488

Put/Call Ratio 0.56

Net Difference 389

Prior 7-Day Put/Call Summary

Total Calls 17,082

Total Puts 19,398

Average Put/Call Ratio 1.08

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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