PM - Options Database

PHILIP MORRIS INTL I

$193.97 +3.15%

(7/22 09:50) ◀

Wednesday, July 22, 2026 (9:55am)

▶ (7/22 10:00)

◀ 7/22 09:55 ▶

Option Volume

Detail

ℹ

Current (07/22 9:55am) 4,235

Calls: 2,694 (64%)

Puts: 1,541 (36%)

Prior (07/17) 1,644

Calls: 1,009 (61%)

Puts: 635 (39%)

Current vs Prior +157.60%

Calls: +167.00% (Calls)

Puts: +142.68% (Puts)

Prior 7-Day Total 42,128

Calls: 20,704 (49%)

Puts: 21,424 (51%)

Prior 7-Day Average 6,018

Calls: 2,957 (49%)

Puts: 3,060 (51%)

Current vs Prior 7-Day Avg -29.63%

Calls: -8.92%

Puts: -49.65%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/22 9:55am) $1.62M

Calls: $1.21M (75%)

Puts: $410.6K (25%)

Prior (07/17) $1.63M

Calls: $993.4K (61%)

Puts: $638.3K (39%)

Current vs Prior -0.65%

Calls: +21.85%

Puts: -35.67%

Prior 7-Day Total $15.19M

Calls: $9.06M (60%)

Puts: $6.13M (40%)

Prior 7-Day Average $2.17M

Calls: $1.29M (60%)

Puts: $875.9K (40%)

Current vs Prior 7-Day Avg -25.32%

Calls: -6.51%

Puts: -53.12%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/22 9:55am) 0.57

Prior (07/17) 0.63

Current vs Prior -9.11%

Prior 7-Day Average 0.97

Current vs Prior 7-Day Avg -41.06%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/22 9:55am) 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 965,160

Calls: 450,336 (47%)

Puts: 514,824 (53%)

Prior 7-Day Average 137,880

Calls: 64,333 (47%)

Puts: 73,546 (53%)

Current vs Prior 7-Day Avg +0.37%

Sentiment BULLISH

Expected Move

Detail

ℹ

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

Current 3.88% | 5.52%8.07% | 11.19%

Prior 6.11% | 6.90%8.96% | 12.07%

Current vs Prior -36.49% | -20.08%-9.93% | -7.29%

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

Current vs 7-Day Avg -11.66% | -13.06%+42.39% | -2.00%

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

Current vs 7-Day Eod -36.49% | -20.08%-12.30% | -7.73%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 55.79% | 35.65%

Calls: 37.97% | 44.25%

Puts: 73.61% | 27.05%

Prior 19.13% | 11.22%

Calls: 17.32% | 6.80%

Puts: 20.95% | 15.65%

Current vs Prior +191.64% | +217.74%

Prior 7-Day Avg 43.31% | 18.93%

Calls: 41.84% | 18.14%

Puts: 44.78% | 19.71%

Current vs 7-Day Avg +28.82% | +88.35%

Liquidity Expensive

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Moderately bullish flow with 75% call dollar volume ($1.21M). Unusually high activity with volume up 158% vs prior - elevated interest. Bullish P/C ratio of 0.57.

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 BULLISH

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
09:55	BULLISH	BULLISH	BULLISH
09:50	BULLISH	BULLISH	BULLISH
09:45	BULLISH	BULLISH	BULLISH
09:40	BULLISH	BEARISH	BEARISH
09:35	BULLISH	NEUTRAL	BULLISH

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🔥 High Volume

⏰ Backwardation

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📅 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 4 of results (avg 8.1%, best 7.7%)

CALLS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$165.00	Aug 21	28.80	31.10	$29.95	7.7%	--	0.92	30
$160.00	Aug 21	33.60	36.40	$35.00	8.0%	--	0.94	36
$160.00	Jul 24	32.50	35.30	$33.90	8.3%	--	1.00	11

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$230.00	Jul 24	34.70	37.70	$36.20	8.3%	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. 53 found (avg delta 0.75, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Jul 24	32.50	35.30	$33.90	8.3%	--	1.00	11
$170.00	Jul 24	22.60	25.00	$23.80	10.1%	--	0.99	26
$177.50	Jul 24	15.40	18.00	$16.70	15.6%	--	0.96	19
$165.00	Jul 31	27.60	30.60	$29.10	10.3%	--	0.95	10
$175.00	Jul 24	17.60	20.50	$19.05	15.2%	1	0.95	62

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Jul 24	15.10	17.60	$16.35	15.3%	2	0.98	10
$212.50	Jul 24	17.30	20.10	$18.70	15.0%	--	0.96	10
$207.50	Jul 24	12.50	15.30	$13.90	20.1%	2	0.93	--
$230.00	Jul 24	34.70	37.70	$36.20	8.3%	1	0.90	--
$215.00	Jul 31	20.00	22.90	$21.45	13.5%	1	0.89	--

Most actively traded options today. High liquidity = easy entry/exit. 94 active (total vol 3.3K, top 1.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Jul 24	1.10	1.25	$1.18	12.7%	1.1K	0.25	507
$190.00	Aug 28	9.50	11.60	$10.55	19.9%	102	0.61	74
$185.00	Jul 31	9.30	12.20	$10.75	27.0%	101	0.78	132
$195.00	Jul 24	2.40	3.30	$2.85	31.6%	96	0.47	389
$205.00	Jul 24	0.10	0.70	$0.40	150.0%	91	0.10	420

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Jul 24	0.20	0.35	$0.28	53.6%	280	0.06	1.1K
$177.50	Jul 24	0.10	0.25	$0.18	83.3%	229	0.04	1.3K
$170.00	Aug 21	1.00	1.30	$1.15	26.1%	122	0.11	546
$175.00	Jul 24	0.05	0.55	$0.30	166.7%	117	0.05	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. 38 strikes (avg 75.9%, max 134.5%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$175.00	Jul 24	Aug 21	84.1%	35.9%	134.5%	3	525
$160.00	Jul 24	Aug 21	97.6%	44.3%	120.5%	--	47
$225.00	Jul 24	Aug 21	74.8%	35.6%	110.2%	2	63
$212.50	Jul 24	Aug 21	69.0%	34.0%	103.2%	1	264
$180.00	Jul 24	Aug 21	64.3%	34.3%	87.6%	26	902

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$175.00	Jul 24	Aug 21	84.1%	35.9%	134.5%	124	3.4K
$160.00	Jul 24	Aug 28	97.6%	43.5%	124.7%	--	79
$165.00	Jul 24	Aug 28	83.5%	39.3%	112.3%	3	704
$177.50	Jul 24	Aug 21	67.0%	34.3%	95.0%	230	1.4K
$180.00	Jul 24	Aug 21	64.3%	34.3%	87.6%	330	1.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 90 found (best R:R 52.03, avg 7.21)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$212.50	$230.00	Aug 7	$0.33	$17.17	$0.33	52.03	$212.83
$220.00	$225.00	Aug 21	$0.27	$4.73	$0.27	17.52	$220.27
$210.00	$215.00	Jul 31	$0.29	$4.71	$0.29	16.24	$210.29
$200.00	$202.50	Jul 31	$0.17	$2.33	$0.17	13.71	$200.17
$210.00	$212.50	Aug 7	$0.17	$2.33	$0.17	13.71	$210.17

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$165.00	$160.00	Aug 28	$0.12	$4.88	$0.12	40.67	$164.88
$170.00	$160.00	Aug 14	$0.32	$9.68	$0.32	30.25	$169.68
$170.00	$165.00	Aug 7	$0.18	$4.82	$0.18	26.78	$169.82
$172.50	$170.00	Jul 24	$0.10	$2.40	$0.10	24.00	$172.40
$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. 117 found (best R:R 19.00, avg 2.06)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$170.00	$175.00	Jul 24	$4.75	$4.75	$0.25	19.00	$174.75
$165.00	$180.00	Jul 31	$14.15	$14.15	$0.85	16.65	$179.15
$175.00	$177.50	Jul 24	$2.35	$2.35	$0.15	15.67	$177.35
$182.50	$185.00	Jul 24	$2.35	$2.35	$0.15	15.67	$184.85
$170.00	$175.00	Aug 21	$4.55	$4.55	$0.45	10.11	$174.55

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$212.50	$210.00	Jul 24	$2.35	$2.35	$0.15	15.67	$210.15
$207.50	$202.50	Jul 24	$4.60	$4.60	$0.40	11.50	$202.90
$202.50	$200.00	Jul 24	$2.15	$2.15	$0.35	6.14	$200.35
$215.00	$197.50	Jul 31	$14.90	$14.90	$2.60	5.73	$200.10
$200.00	$197.50	Jul 24	$1.95	$1.95	$0.55	3.55	$198.05

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 38 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	58.9%	44.9%
$225.00	Jul 24	Aug 21	$0.70	74.8%	35.6%
$180.00	Jul 24	Jul 31	$0.75	64.3%	43.9%
$182.50	Jul 24	Jul 31	$0.75	66.9%	46.6%
$165.00	Jul 31	Aug 21	$0.85	66.9%	42.5%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$175.00	Jul 24	Jul 31	$0.18	84.1%	46.7%
$172.50	Jul 24	Jul 31	$0.22	79.2%	48.1%
$170.00	Jul 24	Jul 31	$0.42	69.9%	55.7%
$177.50	Jul 24	Jul 31	$0.42	67.0%	44.4%
$165.00	Jul 24	Jul 31	$0.47	83.5%	66.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 47 found (cheapest 3.31% of stock, avg 8.10%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$195.00	Jul 24	$2.85	$3.58	$6.43	$188.57	$201.43	3.31%
$192.50	Jul 24	$3.95	$2.73	$6.68	$185.82	$199.18	3.44%
$197.50	Jul 24	$1.75	$5.20	$6.95	$190.55	$204.45	3.58%
$190.00	Jul 24	$5.75	$1.63	$7.38	$182.62	$197.38	3.80%
$200.00	Jul 24	$1.18	$7.15	$8.33	$191.67	$208.33	4.29%
$187.50	Jul 24	$7.40	$0.95	$8.35	$179.15	$195.85	4.30%
$197.50	Jul 31	$3.23	$6.55	$9.78	$187.72	$207.28	5.04%
$192.50	Jul 31	$5.65	$4.15	$9.80	$182.70	$202.30	5.05%
$195.00	Jul 31	$4.80	$5.05	$9.85	$185.15	$204.85	5.08%
$202.50	Jul 24	$0.75	$9.30	$10.05	$192.45	$212.55	5.18%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 136 found (cheapest 0.50% of stock, avg 3.10%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$205.00	$182.50	Jul 24	$0.40	$0.57	$0.97	$181.53	$205.97
$205.00	$185.00	Jul 24	$0.40	$0.75	$1.15	$183.85	$206.15
$202.50	$182.50	Jul 24	$0.75	$0.57	$1.32	$181.18	$203.82
$205.00	$187.50	Jul 24	$0.40	$0.95	$1.35	$186.15	$206.35
$202.50	$185.00	Jul 24	$0.75	$0.75	$1.50	$183.50	$204.00
$202.50	$187.50	Jul 24	$0.75	$0.95	$1.70	$185.80	$204.20
$200.00	$182.50	Jul 24	$1.18	$0.57	$1.75	$180.75	$201.75
$200.00	$185.00	Jul 24	$1.18	$0.75	$1.93	$183.07	$201.93
$205.00	$190.00	Jul 24	$0.40	$1.63	$2.03	$187.97	$207.03
$200.00	$187.50	Jul 24	$1.18	$0.95	$2.13	$185.37	$202.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 191 found (best R:R 32.33, avg credit $2.09)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
160/165	170/175	Aug 21	$4.85	$0.15	32.33	$160.15	$174.85
172/175	180/182	Jul 31	$2.38	$0.12	19.83	$172.62	$182.38
172/175	185/188	Jul 24	$2.37	$0.13	18.23	$172.63	$187.37
175/178	180/182	Jul 31	$2.37	$0.13	18.23	$175.13	$182.37
170/172	180/182	Jul 24	$2.35	$0.15	15.67	$170.15	$182.35
192/195	198/200	Aug 21	$2.35	$0.15	15.67	$192.65	$199.85
170/172	185/188	Jul 24	$2.30	$0.20	11.50	$170.20	$187.30
178/180	185/188	Jul 24	$2.30	$0.20	11.50	$177.70	$187.30
160/165	175/180	Aug 21	$4.50	$0.50	9.00	$160.50	$179.50
178/180	182/185	Jul 31	$2.23	$0.27	8.26	$177.77	$184.73

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 64 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$187.50	$190.00	$192.50	Aug 7	$0.05	$2.45	49.00
$200.00	$202.50	$205.00	Jul 24	$0.08	$2.42	30.25
$182.50	$185.00	$187.50	Aug 7	$0.10	$2.40	24.00
$197.50	$200.00	$202.50	Jul 24	$0.14	$2.36	16.86
$182.50	$185.00	$187.50	Jul 24	$0.15	$2.35	15.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$185.00	$190.00	$195.00	Aug 14	$0.05	$4.95	99.00
$170.00	$172.50	$175.00	Jul 24	$0.07	$2.43	34.71
$175.00	$180.00	$185.00	Aug 14	$0.15	$4.85	32.33
$165.00	$170.00	$175.00	Aug 21	$0.18	$4.82	26.78
$167.50	$170.00	$172.50	Jul 24	$0.12	$2.38	19.83

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 92 found (best net $-0.77, 84 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$212.50	$230.00	1:2	Aug 7	-$0.77	$16.73
$165.00	$180.00	1:2	Jul 31	-$0.80	$14.20
$210.00	$220.00	1:2	Aug 28	-$0.51	$9.49
$202.50	$210.00	1:2	Aug 21	-$0.96	$6.54
$220.00	$225.00	1:2	Jul 24	-$0.03	$4.97

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$230.00	$212.50	1:2	Jul 24	-$1.20	$16.30
$170.00	$160.00	1:2	Aug 14	-$0.91	$9.09
$165.00	$160.00	1:2	Aug 21	-$0.33	$4.67
$170.00	$165.00	1:2	Aug 28	-$0.34	$4.66
$175.00	$170.00	1:2	Aug 7	-$0.36	$4.64

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 35 found (best yield 3.45%, avg 1.13%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$195.00	Aug 28	$6.70	0.51	0.5%	3.45%	3.99%	50	10
$195.00	Aug 21	$5.90	0.50	0.5%	3.04%	3.57%	8	923
$195.00	Aug 7	$5.60	0.51	0.5%	2.89%	3.42%	31	74
$195.00	Aug 14	$5.30	0.50	0.5%	2.73%	3.26%	--	19
$197.50	Aug 21	$4.90	0.45	1.8%	2.53%	4.35%	12	19
$200.00	Aug 28	$4.70	0.42	3.1%	2.42%	5.53%	1	6
$200.00	Aug 21	$4.00	0.40	3.1%	2.06%	5.17%	11	1.7K
$195.00	Jul 31	$3.70	0.50	0.5%	1.91%	2.44%	13	106
$197.50	Aug 7	$3.60	0.45	1.8%	1.86%	3.68%	--	41
$200.00	Aug 14	$3.10	0.39	3.1%	1.60%	4.71%	--	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 2,694

Total Puts 1,541

Put/Call Ratio 0.57

Net Difference 1,153

Prior's Put/Call Breakdown

Total Calls 1,009

Total Puts 635

Put/Call Ratio 0.63

Net Difference 374

Prior 7-Day Put/Call Summary

Total Calls 20,704

Total Puts 21,424

Average Put/Call Ratio 0.97

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

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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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