thetaOwl

IBM

International Business MachinesClose $289.52EOD only
Max Pain
$270.00
Next expiry Jul 10, 2026
Expected Move
±$14.47
5.0% from close
Price Gap
-19.52
Distance to max pain
IV Rank
49
Middle-high premium
P/C OI
0.68
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects IBM options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jul 2, 2026 close
IBM Options Chain
Data as of market close Jul 2, 2026

Compare calls and puts side by side with OI, volume, IV, and positioning context.

Control Row
Next expiry (DTE 8)

Blank greek cells usually mean usable implied volatility was unavailable for that contract in the market-close snapshot.

Open Interest by Strike

IV Skew

Volume by Strike

Calls

StrikeLastBidAskChgVolOIIVDeltaGammaThetaVegaRho
150.00135.70137.55140.00-34.3011215.9%0.9910.0003-0.1730.0100.028
185.0080.00102.60104.800.0003141.4%0.9920.0004-0.1150.0090.035
205.0077.0582.6085.700.00149144.8%0.9660.0013-0.3350.0300.037
210.0075.5977.6080.1027.7413118.8%0.9790.0010-0.1940.0200.039
215.0050.3072.6575.650.0001127.0%0.9630.0016-0.3190.0330.039
220.0064.8767.6570.10-3.8836104.1%0.9760.0013-0.1920.0220.041
222.5024.3765.1567.900.0001109.0%0.9660.0017-0.2600.0300.041
225.0062.9262.6565.25-0.72137101.3%0.9700.0017-0.2250.0280.041
230.0053.8357.6560.450.0071698.7%0.9610.0022-0.2660.0340.042
232.5045.4855.1557.600.00101186.2%0.9720.0019-0.1870.0260.043
235.0051.8452.3055.80-2.0612798.1%0.9460.0028-0.3330.0440.042
240.0048.2047.7050.200.07119378.3%0.9630.0026-0.2070.0320.044
242.5044.7245.2548.0521.271582.0%0.9480.0032-0.2770.0430.043
245.0042.7542.7545.30-0.5628373.4%0.9560.0032-0.2240.0380.044
247.5042.2240.3042.700.0013067.8%0.9580.0033-0.2020.0360.045
250.0037.8537.8540.500.48247769.9%0.9420.0041-0.2590.0460.045
252.5036.0235.4538.050.52104167.0%0.9370.0046-0.2650.0500.045
255.0032.4233.0535.65-0.78821964.8%0.9290.0052-0.2790.0540.045
257.5028.3030.6533.10-3.9011360.3%0.9270.0057-0.2670.0550.045
260.0028.4528.3030.90-0.554339260.5%0.9090.0067-0.3110.0660.045
262.5026.5325.9528.70-2.4613560.1%0.8900.0078-0.3500.0750.044
265.0021.8023.7026.25-2.711018656.5%0.8810.0088-0.3490.0800.044
267.5020.6021.4024.00-1.9826254.9%0.8620.0100-0.3730.0880.043
270.0019.7819.2521.85-0.742740353.8%0.8380.0114-0.4040.0980.042
272.5014.4217.1519.35-3.9153049.2%0.8250.0131-0.3890.1030.042
275.0015.7615.4517.651.016625250.9%0.7810.0145-0.4550.1180.040
277.5012.2713.6015.55-1.102015148.8%0.7500.0163-0.4680.1280.039
280.0012.8411.8513.301.419261245.3%0.7180.0186-0.4610.1350.037
282.5010.6510.3011.750.656911345.8%0.6670.0198-0.4980.1460.035
285.009.209.0010.000.8220520844.4%0.6180.0214-0.5040.1530.032
287.508.208.008.550.3523212444.0%0.5630.0223-0.5150.1580.030
290.007.006.357.001.5044444742.3%0.5060.0235-0.5000.1600.027
292.505.705.206.35-0.3042910045.1%0.4520.0219-0.5260.1590.024
295.004.754.654.950.5543858442.7%0.3920.0225-0.4830.1540.021
297.503.653.454.30-0.409011244.1%0.3440.0208-0.4760.1480.018
300.003.183.103.300.382,9051,73442.4%0.2870.0200-0.4240.1370.015
302.502.612.332.900.193133544.1%0.2500.0180-0.4100.1280.013
305.002.131.772.200.2025663343.0%0.2030.0164-0.3540.1130.011
307.501.991.391.980.66656345.0%0.1780.0144-0.3420.1050.010
310.001.391.191.60-0.0627446845.2%0.1470.0127-0.3030.0920.008
312.501.360.901.350.06413746.0%0.1240.0111-0.2750.0820.007
315.001.030.771.070.1330125746.1%0.1010.0096-0.2360.0710.005
320.000.650.590.69-0.0619632046.6%0.0660.0069-0.1740.0520.004
325.000.200.250.63-0.2816241451.0%0.0560.0055-0.1660.0450.003
330.000.300.220.65-0.052761052.0%0.0380.0040-0.1250.0330.002
335.000.530.010.910.0031957.3%0.0370.0035-0.1340.0320.002
340.000.160.050.24-0.2889451.2%0.0130.0017-0.0500.0140.001
345.000.250.011.660.0012474.6%0.0510.0035-0.2250.0420.003
350.000.100.080.25-0.034256460.0%0.0130.0014-0.0570.0130.001
355.000.250.000.690.0064971.3%0.0220.0019-0.1100.0210.001
360.000.240.002.200.0021693.5%0.0530.0029-0.2930.0440.003
365.002.150.002.180.001797.8%0.0510.0027-0.2940.0420.003
370.000.070.002.170.00113102.1%0.0490.0025-0.2960.0400.003
375.000.200.002.160.00322106.2%0.0470.0023-0.2980.0390.002
380.008.000.002.160.0004110.4%0.0450.0021-0.3000.0380.002
385.000.110.002.150.0026114.4%0.0430.0020-0.3020.0370.002
390.000.960.001.920.0027115.9%0.0380.0018-0.2770.0330.002
395.000.020.000.070.00113676.6%0.0020.0002-0.0140.0030.000
400.000.020.000.05-0.012250976.6%0.0010.0001-0.0100.0020.000
410.000.020.000.02-0.5526575.0%0.0010.0001-0.0040.0010.000
420.000.150.000.280.00524104.1%0.0060.0004-0.0520.0070.000
430.003.950.000.570.0003120.1%0.0110.0006-0.1000.0120.001
450.000.010.002.130.002051160.7%0.0310.0011-0.3230.0280.002
470.000.220.000.150.0044122.1%0.0030.0002-0.0300.0030.000
480.000.110.000.090.0040554120.3%0.0020.0001-0.0180.0020.000
490.000.010.000.010.0020344103.1%0.0000.0000-0.0020.0000.000

Puts

StrikeLastBidAskChgVolOIIVDeltaGammaThetaVegaRho
130.000.010.000.070.0068189.8%-0.0010.0000-0.0140.001-0.000
175.000.360.001.450.0004182.1%-0.0170.0006-0.2170.017-0.001
180.000.040.000.070.012162116.4%-0.0010.0001-0.0130.002-0.000
195.000.250.000.250.0013113.5%-0.0050.0003-0.0440.005-0.000
200.000.060.000.250.001320107.0%-0.0050.0003-0.0440.006-0.000
205.000.010.000.11-0.1345091.0%-0.0020.0002-0.0200.003-0.000
210.000.520.000.550.006271105.2%-0.0110.0007-0.0880.012-0.001
215.000.150.000.150.07127082.6%-0.0040.0003-0.0270.005-0.000
220.000.050.000.17-0.12124878.1%-0.0050.0004-0.0300.005-0.000
222.500.060.000.64-0.602590.7%-0.0150.0011-0.0990.015-0.001
225.000.140.000.28-0.0127477.1%-0.0080.0007-0.0470.009-0.000
227.500.720.002.150.0007105.8%-0.0420.0021-0.2720.036-0.002
230.000.100.050.100.052219465.6%-0.0050.0005-0.0260.006-0.000
232.500.500.002.170.002798.3%-0.0460.0024-0.2690.039-0.003
235.000.220.000.730.10111476.0%-0.0210.0016-0.1070.020-0.001
237.500.150.001.030.0066177.5%-0.0280.0021-0.1430.026-0.002
240.000.910.000.300.75110360.2%-0.0110.0012-0.0480.011-0.001
242.500.370.000.860.00513068.3%-0.0270.0023-0.1200.025-0.002
245.000.220.000.220.0125219952.1%-0.0090.0012-0.0360.010-0.001
247.500.220.110.25-0.05295653.0%-0.0150.0017-0.0550.015-0.001
250.000.210.170.30-0.132153,46152.3%-0.0190.0022-0.0690.019-0.001
252.500.430.000.570.1326851.1%-0.0240.0027-0.0810.022-0.001
255.000.460.220.470.041126652.9%-0.0370.0038-0.1220.033-0.002
257.500.520.310.67-0.10146050.0%-0.0410.0044-0.1250.035-0.002
260.000.620.440.80-0.098020652.3%-0.0630.0059-0.1830.050-0.004
262.500.780.540.97-0.142820651.3%-0.0770.0070-0.2090.058-0.004
265.001.000.881.05-0.1310227448.6%-0.0870.0081-0.2170.063-0.005
267.501.301.061.27-0.088223647.4%-0.1060.0096-0.2440.073-0.006
270.001.511.341.65-0.2743133947.4%-0.1340.0114-0.2880.086-0.008
272.502.001.722.09-0.136915347.2%-0.1650.0131-0.3300.100-0.010
275.002.452.222.46-0.557231245.7%-0.1960.0151-0.3550.111-0.011
280.003.783.353.80-0.7238526245.4%-0.2820.0186-0.4290.135-0.016
282.504.424.204.80-0.50822746.3%-0.3340.0196-0.4700.146-0.019
285.005.395.155.70-1.911586445.7%-0.3850.0209-0.4860.153-0.022
290.007.897.408.20-0.562114346.5%-0.4920.0214-0.5140.160-0.029
295.0011.7010.2011.30-0.30136047.9%-0.5940.0202-0.5110.156-0.035
300.0014.1413.5515.050.44267750.8%-0.6770.0176-0.4980.144-0.040
305.0033.4217.3519.250.00192954.6%-0.7390.0148-0.4810.130-0.045
310.0022.4721.4523.700.0015958.8%-0.7850.0124-0.4630.117-0.048
315.0027.3726.0028.300.0014052.6%-0.8660.0102-0.2920.086-0.053
320.0048.0030.0532.850.001950.7%-0.9160.0076-0.1890.062-0.057
325.0057.3334.8538.250.001157.8%-0.9180.0065-0.2150.061-0.058
335.0038.3944.5547.600.000060.3%-0.9550.0039-0.1260.038-0.062
350.0085.5559.6062.550.0014074.2%-0.9630.0027-0.1310.032-0.065
355.0092.7565.4067.600.0010087.4%-0.9470.0031-0.2300.043-0.065
360.0060.3070.3572.950.000094.7%-0.9440.0030-0.2660.045-0.066
365.0083.4574.5077.600.004086.2%-0.9690.0020-0.1280.028-0.068
370.0088.0180.1582.950.0020101.8%-0.9520.0024-0.2490.040-0.068
385.0074.6594.4097.950.0000105.5%-0.9690.0016-0.1640.028-0.072
420.00156.35130.15132.950.0000140.7%-0.9650.0014-0.2660.031-0.079
480.00168.25190.15192.950.0000179.2%-0.9720.0009-0.2750.026-0.091
490.00177.70200.20202.850.0000184.3%-0.9730.0008-0.2690.025-0.093
How to Read the Chain
Use this market-close chain snapshot to compare liquidity, pricing, IV, and per-contract greeks across the active expiration.
How to scan it

Start with strike, bid/ask spread, open interest, and volume. Then use IV and greeks to decide whether a contract fits your directional, income, or volatility idea.

What matters first

Clean fills matter before a contract looks mathematically attractive. A thin market can erase the edge you think you found.

What can mislead you

Low premium, high IV, or one convenient delta do not make a trade by themselves. Check how far the strike sits from spot, expected move, and the event calendar.

Greeks are close-of-day estimates, and blank greek cells usually mean usable implied volatility was unavailable for that contract.