PM - Options Database

PHILIP MORRIS INTL I

$192.31 +2.27%

(7/22 10:00) ◀

Wednesday, July 22, 2026 (2:05pm)

▶ (7/22 18:07)

◀ 7/22 14:06 ▶

Option Volume

Detail

ℹ

Current (07/22 2:05pm) 12,894

Calls: 6,799 (53%)

Puts: 6,095 (47%)

Prior (07/21) 8,181

Calls: 3,063 (37%)

Puts: 5,118 (63%)

Current vs Prior +57.61%

Calls: +121.97% (Calls)

Puts: +19.09% (Puts)

Prior 7-Day Total 45,821

Calls: 23,460 (51%)

Puts: 22,361 (49%)

Prior 7-Day Average 6,545

Calls: 3,351 (51%)

Puts: 3,194 (49%)

Current vs Prior 7-Day Avg +96.98%

Calls: +102.87%

Puts: +90.80%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/22 2:05pm) $4.91M

Calls: $2.53M (51%)

Puts: $2.38M (49%)

Prior (07/21) $2.84M

Calls: $1.22M (43%)

Puts: $1.62M (57%)

Current vs Prior +72.62%

Calls: +106.73%

Puts: +46.94%

Prior 7-Day Total $16.28M

Calls: $9.95M (61%)

Puts: $6.33M (39%)

Prior 7-Day Average $2.33M

Calls: $1.42M (61%)

Puts: $904.3K (39%)

Current vs Prior 7-Day Avg +111.20%

Calls: +77.76%

Puts: +163.74%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/22 2:05pm) 0.90

Prior (07/21) 1.67

Current vs Prior -46.35%

Prior 7-Day Average 0.88

Current vs Prior 7-Day Avg +1.93%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/22 2:05pm) 138,386

Calls: 64,046 (46%)

Puts: 74,340 (54%)

Prior (07/21) 129,598

Calls: 60,728 (47%)

Puts: 68,870 (53%)

Current vs Prior +6.78%

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 3.45% | 5.15%8.11% | 11.31%

Prior 6.11% | 6.90%8.96% | 12.07%

Current vs Prior -43.60% | -25.42%-9.44% | -6.27%

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

Current vs 7-Day Avg -21.55% | -18.86%+43.16% | -0.92%

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

Current vs 7-Day Eod -43.60% | -25.42%-11.83% | -6.72%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 19.86% | 10.30%

Calls: 15.00% | 8.85%

Puts: 24.71% | 11.76%

Prior 19.13% | 11.22%

Calls: 17.32% | 6.80%

Puts: 20.95% | 15.65%

Current vs Prior +3.82% | -8.20%

Prior 7-Day Avg 43.31% | 18.93%

Calls: 41.84% | 18.14%

Puts: 44.78% | 19.71%

Current vs 7-Day Avg -54.14% | -45.58%

Liquidity Expensive

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🤖 AI Insights

Elevated premium activity with dollar volume up 73% vs prior. Dollar volume significantly above 7-day average (111% higher). Above-average activity with volume up 58% vs prior. Volume explosion - 97% above 7-day average (12,894 vs avg 6,545).

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BEARISH

7-Day Avg BULLISH

Current NEUTRAL

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
14:05	BULLISH	BULLISH	BULLISH
10:00	BULLISH	BULLISH	BULLISH
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

📈 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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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 25 of results (avg 8.7%, best 6.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$190.00	Aug 14	7.60	8.20	$7.90	7.6%	29	0.58	10
$190.00	Aug 21	8.40	9.10	$8.75	8.0%	38	0.57	928
$182.50	Aug 7	11.30	12.30	$11.80	8.5%	2	0.79	--
$190.00	Jul 31	5.40	5.90	$5.65	8.8%	146	0.60	307
$187.50	Aug 21	9.70	10.60	$10.15	8.9%	3	0.63	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Aug 14	7.20	7.70	$7.45	6.7%	13	0.55	--
$192.50	Aug 21	6.60	7.10	$6.85	7.3%	27	0.49	66
$195.00	Aug 21	7.90	8.50	$8.20	7.3%	27	0.54	139
$185.00	Aug 21	3.60	3.90	$3.75	8.0%	62	0.32	593
$230.00	Jul 24	35.60	38.60	$37.10	8.1%	1	0.89	--

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. 57 found (avg delta 0.75, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Jul 24	31.10	34.50	$32.80	10.4%	--	0.99	11
$170.00	Jul 24	21.90	24.50	$23.20	11.2%	--	0.99	26
$175.00	Jul 24	16.90	19.50	$18.20	14.3%	1	0.99	62
$177.50	Jul 24	13.90	17.00	$15.45	20.1%	--	0.98	19
$180.00	Jul 24	11.60	14.60	$13.10	22.9%	24	0.96	211

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Jul 24	15.60	18.20	$16.90	15.4%	2	1.00	10
$212.50	Jul 24	18.10	20.70	$19.40	13.4%	--	0.95	10
$207.50	Jul 24	13.20	16.20	$14.70	20.4%	2	0.94	--
$215.00	Jul 31	20.70	23.70	$22.20	13.5%	1	0.92	--
$202.50	Jul 24	8.30	11.30	$9.80	30.6%	--	0.91	15

Most actively traded options today. High liquidity = easy entry/exit. 151 active (total vol 10.0K, top 2.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Jul 24	0.35	0.65	$0.50	60.0%	2.2K	0.14	507
$195.00	Jul 24	1.30	1.80	$1.55	32.3%	218	0.35	389
$195.00	Jul 31	2.95	3.40	$3.18	14.2%	215	0.41	106
$190.00	Aug 28	8.70	9.90	$9.30	12.9%	213	0.58	74
$207.50	Aug 21	1.80	2.45	$2.13	30.5%	199	0.22	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Jul 24	0.10	0.15	$0.13	38.5%	690	0.04	1.1K
$177.50	Jul 24	0.05	0.10	$0.08	62.5%	528	0.03	1.3K
$170.00	Aug 21	0.65	1.05	$0.85	47.1%	449	0.09	546
$190.00	Jul 24	1.50	1.85	$1.68	20.8%	292	0.35	301
$175.00	Jul 24	0.00	0.05	$0.03	166.7%	244	0.01	529

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 72.8%, max 150.5%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$160.00	Jul 24	Aug 21	97.3%	38.8%	150.5%	--	47
$220.00	Jul 24	Aug 28	86.6%	35.9%	141.4%	12	30
$225.00	Jul 24	Aug 21	82.4%	34.9%	136.2%	9	63
$212.50	Jul 24	Aug 21	70.0%	32.8%	113.1%	5	264
$170.00	Jul 24	Aug 21	68.0%	33.9%	100.8%	4	93

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$155.00	Jul 24	Aug 28	112.1%	45.2%	148.0%	3	108
$167.50	Jul 24	Aug 21	82.2%	35.4%	132.3%	115	884
$160.00	Jul 24	Aug 28	97.3%	42.3%	129.8%	7	79
$165.00	Jul 24	Aug 28	82.5%	40.3%	104.5%	21	704
$170.00	Jul 24	Aug 28	68.0%	36.2%	88.0%	123	541

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 101 found (best R:R 28.41, avg 5.34)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$220.00	$225.00	Aug 21	$0.17	$4.83	$0.17	28.41	$220.17
$212.50	$215.00	Jul 24	$0.10	$2.40	$0.10	24.00	$212.60
$207.50	$210.00	Jul 24	$0.12	$2.38	$0.12	19.83	$207.62
$202.50	$205.00	Jul 24	$0.13	$2.37	$0.13	18.23	$202.63
$200.00	$202.50	Jul 24	$0.17	$2.33	$0.17	13.71	$200.17

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$165.00	$160.00	Aug 21	$0.20	$4.80	$0.20	24.00	$164.80
$160.00	$155.00	Aug 28	$0.20	$4.80	$0.20	24.00	$159.80
$170.00	$165.00	Aug 28	$0.20	$4.80	$0.20	24.00	$169.80
$170.00	$167.50	Aug 21	$0.12	$2.38	$0.12	19.83	$169.88
$167.50	$165.00	Aug 21	$0.13	$2.37	$0.13	18.23	$167.37

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 126 found (best R:R 49.00, avg 2.52)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$160.00	$170.00	Jul 24	$9.60	$9.60	$0.40	24.00	$169.60
$165.00	$180.00	Jul 31	$14.35	$14.35	$0.65	22.08	$179.35
$177.50	$180.00	Jul 24	$2.35	$2.35	$0.15	15.67	$179.85
$180.00	$182.50	Jul 24	$2.35	$2.35	$0.15	15.67	$182.35
$182.50	$185.00	Jul 24	$2.35	$2.35	$0.15	15.67	$184.85

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$207.50	$202.50	Jul 24	$4.90	$4.90	$0.10	49.00	$202.60
$202.50	$200.00	Jul 24	$2.25	$2.25	$0.25	9.00	$200.25
$210.00	$207.50	Jul 24	$2.20	$2.20	$0.30	7.33	$207.80
$220.00	$205.00	Aug 21	$13.00	$13.00	$2.00	6.50	$207.00
$215.00	$197.50	Jul 31	$15.15	$15.15	$2.35	6.45	$199.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 39 found (avg debit $0.93, cheapest $0.22)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$210.00	Jul 24	Jul 31	$0.27	57.9%	37.3%
$215.00	Jul 24	Jul 31	$0.40	61.2%	46.7%
$207.50	Jul 24	Jul 31	$0.43	61.3%	38.7%
$205.00	Jul 24	Jul 31	$0.50	53.5%	35.4%
$225.00	Jul 24	Aug 21	$0.50	82.4%	34.9%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$170.00	Jul 24	Jul 31	$0.22	68.0%	46.4%
$172.50	Jul 24	Jul 31	$0.32	61.0%	45.0%
$160.00	Jul 24	Jul 31	$0.35	97.3%	69.7%
$175.00	Jul 24	Jul 31	$0.35	53.7%	40.8%
$165.00	Jul 24	Jul 31	$0.47	82.5%	63.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 56 found (cheapest 2.69% of stock, avg 7.71%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$192.50	Jul 24	$2.55	$2.63	$5.18	$187.32	$197.68	2.69%
$190.00	Jul 24	$4.00	$1.68	$5.68	$184.32	$195.68	2.95%
$195.00	Jul 24	$1.55	$4.15	$5.70	$189.30	$200.70	2.96%
$197.50	Jul 24	$0.90	$6.00	$6.90	$190.60	$204.40	3.59%
$187.50	Jul 24	$6.20	$0.90	$7.10	$180.40	$194.60	3.69%
$200.00	Jul 24	$0.50	$7.55	$8.05	$191.95	$208.05	4.19%
$192.50	Jul 31	$4.25	$4.25	$8.50	$184.00	$201.00	4.42%
$190.00	Jul 31	$5.65	$3.15	$8.80	$181.20	$198.80	4.58%
$195.00	Jul 31	$3.18	$5.65	$8.83	$186.17	$203.83	4.59%
$185.00	Jul 24	$8.40	$0.45	$8.85	$176.15	$193.85	4.60%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 0.37% of stock, avg 2.91%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$202.50	$182.50	Jul 24	$0.33	$0.38	$0.71	$181.79	$203.21
$202.50	$185.00	Jul 24	$0.33	$0.45	$0.78	$184.22	$203.28
$200.00	$182.50	Jul 24	$0.50	$0.38	$0.88	$181.62	$200.88
$200.00	$185.00	Jul 24	$0.50	$0.45	$0.95	$184.05	$200.95
$202.50	$187.50	Jul 24	$0.33	$0.90	$1.23	$186.27	$203.73
$197.50	$182.50	Jul 24	$0.90	$0.38	$1.28	$181.22	$198.78
$197.50	$185.00	Jul 24	$0.90	$0.45	$1.35	$183.65	$198.85
$200.00	$187.50	Jul 24	$0.50	$0.90	$1.40	$186.10	$201.40
$217.50	$182.50	Jul 24	$1.08	$0.38	$1.46	$181.04	$218.96
$217.50	$185.00	Jul 24	$1.08	$0.45	$1.53	$183.47	$219.03

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 208 found (best R:R 21.73, avg credit $2.09)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
175/178	180/182	Jul 31	$2.39	$0.11	21.73	$175.11	$182.39
170/175	180/185	Aug 21	$4.65	$0.35	13.29	$170.35	$184.65
160/165	175/180	Aug 21	$4.60	$0.40	11.50	$160.40	$179.60
165/168	175/180	Aug 21	$4.53	$0.47	9.64	$162.97	$179.53
168/170	175/180	Aug 21	$4.52	$0.48	9.42	$165.48	$179.52
180/182	185/188	Jul 31	$2.25	$0.25	9.00	$180.25	$187.25
160/165	170/175	Aug 21	$4.50	$0.50	9.00	$160.50	$174.50
165/168	170/175	Aug 21	$4.43	$0.57	7.77	$163.07	$174.43
185/188	190/192	Jul 31	$2.20	$0.30	7.33	$185.30	$192.20
182/185	188/190	Aug 7	$2.20	$0.30	7.33	$182.80	$189.70

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 85 found (best R:R 49.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$200.00	$205.00	$210.00	Aug 28	$0.10	$4.90	49.00
$160.00	$165.00	$170.00	Aug 21	$0.15	$4.85	32.33
$200.00	$202.50	$205.00	Jul 31	$0.08	$2.42	30.25
$210.00	$212.50	$215.00	Aug 21	$0.09	$2.41	26.78
$182.50	$185.00	$187.50	Aug 7	$0.10	$2.40	24.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$172.50	$175.00	$177.50	Jul 24	$0.05	$2.45	49.00
$165.00	$170.00	$175.00	Aug 28	$0.10	$4.90	49.00
$155.00	$160.00	$165.00	Aug 21	$0.13	$4.87	37.46
$155.00	$160.00	$165.00	Aug 28	$0.15	$4.85	32.33
$180.00	$182.50	$185.00	Jul 31	$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. 116 found (best net $-1.53, 105 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$212.50	$230.00	1:2	Aug 7	-$1.53	$15.97
$210.00	$220.00	1:2	Aug 28	-$0.75	$9.25
$200.00	$205.00	1:2	Aug 7	-$0.18	$4.82
$215.00	$220.00	1:2	Aug 21	-$0.22	$4.78
$220.00	$225.00	1:2	Aug 21	-$0.36	$4.64

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$230.00	$212.50	1:2	Jul 24	-$1.70	$15.80
$220.00	$205.00	1:2	Aug 21	-$1.55	$13.45
$170.00	$160.00	1:2	Aug 14	-$1.35	$8.65
$160.00	$155.00	1:2	Jul 24	-$0.03	$4.97
$180.00	$175.00	1:2	Aug 14	-$0.04	$4.96

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 45 found (best yield 3.59%, avg 1.11%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$192.50	Aug 21	$6.90	0.52	0.1%	3.59%	3.69%	1	276
$195.00	Aug 28	$6.30	0.48	1.4%	3.28%	4.67%	50	10
$195.00	Aug 21	$5.90	0.46	1.4%	3.07%	4.47%	68	923
$192.50	Aug 7	$5.30	0.51	0.1%	2.76%	2.85%	42	79
$195.00	Aug 14	$5.10	0.45	1.4%	2.65%	4.05%	2	19
$197.50	Aug 21	$4.80	0.41	2.7%	2.50%	5.19%	14	19
$195.00	Aug 7	$4.10	0.44	1.4%	2.13%	3.53%	113	74
$192.50	Jul 31	$4.00	0.50	0.1%	2.08%	2.18%	67	46
$200.00	Aug 21	$4.00	0.36	4.0%	2.08%	6.08%	49	1.7K
$200.00	Aug 28	$4.00	0.38	4.0%	2.08%	6.08%	1	6

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 6,799

Total Puts 6,095

Put/Call Ratio 0.90

Net Difference 704

Prior's Put/Call Breakdown

Total Calls 3,063

Total Puts 5,118

Put/Call Ratio 1.67

Net Difference -2,055

Prior 7-Day Put/Call Summary

Total Calls 23,460

Total Puts 22,361

Average Put/Call Ratio 0.88

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

🤖 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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