IBM Options Chain
IBM $252.57 · Updated Oct 26, 4:00 PM ET
IBM is at $252.57. The nearest expiration, Oct 30, 2026 (4 days out), lists 63 strikes, with 9,447 calls and 3,294 puts traded in the latest session. At-the-money implied volatility is 38.0%. The at-the-money straddle prices a move of about $8.13 (3.2%) by expiration.
EXPIRATION
- Oct 30, 2026
- Nov 6, 2026
- Nov 13, 2026
- Nov 20, 2026
- Nov 27, 2026
- Dec 4, 2026
- Dec 18, 2026
- Jan 15, 2027
- Feb 19, 2027
- Mar 19, 2027
- Apr 16, 2027
ATM IV
34.0%
252.5 strike
EXPECTED MOVE
$18.10
ATM straddle
MAX PAIN
$235.00
-7.0%
PUT/CALL VOLUME
0.85
2,532 / 2,993
NOV 20, 2026 CHAIN
| CALLS | PUTS | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Last | Vol | OI | IV | Delta | Gamma | Theta | Strike | Theta | Gamma | Delta | IV | OI | Vol | Last | Ask | Bid |
| 37.35 | 40.15 | 40.71 | 6 | 442 | 0.0% | 0.970 | 0.0031 | -0.032 | 215 | -0.049 | 0.0040 | -0.049 | 38.7% | 1,051 | 293 | 0.55 | 0.63 | 0.31 |
| 34.40 | 37.75 | 27.00 | 86 | 0.0% | 0.962 | 0.0039 | -0.040 | 217.5 | -0.057 | 0.0048 | -0.059 | 38.1% | 66 | 45 | 0.65 | 0.92 | 0.46 | |
| 32.05 | 35.10 | 34.20 | 6 | 1,105 | 0.0% | 0.952 | 0.0047 | -0.049 | 220 | -0.065 | 0.0056 | -0.071 | 37.3% | 1,956 | 357 | 0.84 | 0.91 | 0.73 |
| 29.90 | 33.00 | 33.15 | 1 | 46 | 28.9% | 0.939 | 0.0058 | -0.060 | 222.5 | -0.074 | 0.0065 | -0.086 | 38.1% | 261 | 4 | 1.00 | 1.42 | 0.87 |
| 27.75 | 30.50 | 29.65 | 3 | 589 | 30.5% | 0.923 | 0.0069 | -0.073 | 225 | -0.085 | 0.0076 | -0.104 | 36.6% | 796 | 61 | 1.28 | 1.37 | 1.18 |
| 25.50 | 28.40 | 0.00 | 32.7% | 0.903 | 0.0082 | -0.086 | 227.5 | -0.096 | 0.0087 | -0.125 | 36.5% | 175 | 16 | 1.53 | 1.81 | 1.39 | ||
| 23.20 | 26.05 | 25.35 | 17 | 1,715 | 31.9% | 0.881 | 0.0095 | -0.100 | 230 | -0.108 | 0.0099 | -0.148 | 35.9% | 1,965 | 132 | 2.05 | 2.05 | 1.76 |
| 20.95 | 24.10 | 22.58 | 60 | 32.6% | 0.854 | 0.0110 | -0.115 | 232.5 | -0.120 | 0.0111 | -0.176 | 36.5% | 71 | 20 | 2.54 | 2.95 | 2.01 | |
| 19.15 | 21.25 | 21.19 | 30 | 1,748 | 31.1% | 0.824 | 0.0124 | -0.130 | 235 | -0.132 | 0.0123 | -0.206 | 35.8% | 1,791 | 818 | 2.96 | 3.15 | 2.69 |
| 17.15 | 19.45 | 18.20 | 4 | 209 | 31.9% | 0.790 | 0.0138 | -0.144 | 237.5 | -0.143 | 0.0135 | -0.239 | 35.0% | 121 | 14 | 3.20 | 3.80 | 2.99 |
| 15.50 | 17.50 | 16.92 | 51 | 3,245 | 32.5% | 0.752 | 0.0150 | -0.156 | 240 | -0.153 | 0.0146 | -0.275 | 36.0% | 932 | 161 | 4.13 | 4.80 | 3.85 |
| 13.45 | 15.90 | 15.80 | 47 | 32.4% | 0.712 | 0.0161 | -0.167 | 242.5 | -0.163 | 0.0156 | -0.314 | 37.4% | 42 | 5.23 | 6.35 | 4.30 | ||
| 11.40 | 14.15 | 13.60 | 60 | 1,321 | 31.4% | 0.669 | 0.0171 | -0.176 | 245 | -0.170 | 0.0164 | -0.355 | 36.1% | 433 | 76 | 5.69 | 6.95 | 5.30 |
| 10.65 | 12.15 | 12.82 | 2 | 65 | 32.2% | 0.625 | 0.0178 | -0.183 | 247.5 | -0.176 | 0.0171 | -0.397 | 35.9% | 79 | 32 | 6.85 | 8.00 | 6.20 |
| 10.05 | 10.80 | 10.00 | 275 | 5,948 | 34.0% | 0.580 | 0.0183 | -0.187 | 250 | -0.179 | 0.0175 | -0.441 | 35.6% | 2,136 | 71 | 7.95 | 8.75 | 7.40 |
| 8.20 | 9.40 | 9.03 | 57 | 372 | 32.8% | 0.533 | 0.0185 | -0.188 | 252.5 | -0.181 | 0.0178 | -0.485 | 35.3% | 568 | 100 | 9.20 | 9.90 | 8.70 |
| 7.15 | 8.05 | 7.40 | 207 | 1,780 | 32.7% | 0.487 | 0.0185 | -0.187 | 255 | -0.180 | 0.0178 | -0.529 | 35.9% | 760 | 63 | 10.55 | 11.60 | 10.00 |
| 5.60 | 6.00 | 5.50 | 171 | 2,607 | 32.9% | 0.397 | 0.0178 | -0.178 | 260 | -0.171 | 0.0173 | -0.616 | 34.9% | 677 | 8 | 13.49 | 14.85 | 12.35 |
| 3.90 | 4.30 | 4.00 | 725 | 1,123 | 33.1% | 0.314 | 0.0163 | -0.161 | 265 | -0.155 | 0.0160 | -0.696 | 35.5% | 130 | 19 | 16.53 | 18.60 | 15.70 |
| 2.75 | 3.05 | 2.62 | 298 | 1,757 | 33.2% | 0.242 | 0.0142 | -0.140 | 270 | -0.135 | 0.0140 | -0.767 | 36.0% | 323 | 2 | 21.05 | 22.20 | 19.80 |
| 1.77 | 2.16 | 2.00 | 80 | 6,358 | 33.1% | 0.183 | 0.0120 | -0.118 | 275 | -0.113 | 0.0118 | -0.826 | 38.0% | 139 | 25.99 | 26.75 | 24.05 | |
| 1.30 | 1.50 | 1.28 | 501 | 2,285 | 33.7% | 0.136 | 0.0097 | -0.098 | 280 | -0.092 | 0.0096 | -0.871 | 37.9% | 253 | 8 | 30.44 | 31.40 | 27.80 |
| 0.96 | 1.06 | 0.96 | 258 | 876 | 34.6% | 0.101 | 0.0077 | -0.080 | 285 | -0.073 | 0.0076 | -0.905 | 40.8% | 77 | 55.52 | 35.75 | 33.05 | |
| 0.64 | 0.77 | 0.70 | 50 | 938 | 34.9% | 0.076 | 0.0061 | -0.065 | 290 | -0.058 | 0.0059 | -0.930 | 40.1% | 274 | 37.60 | 40.45 | 37.15 | |
| 0.42 | 0.57 | 0.55 | 13 | 459 | 35.6% | 0.057 | 0.0048 | -0.053 | 295 | -0.045 | 0.0046 | -0.948 | 44.0% | 88 | 64.35 | 45.30 | 42.40 | |
| 0.35 | 0.40 | 0.39 | 121 | 3,038 | 36.6% | 0.044 | 0.0038 | -0.044 | 300 | -0.035 | 0.0036 | -0.960 | 46.5% | 36 | 66.00 | 49.95 | 47.55 | |
| 0.24 | 0.46 | 0.36 | 2 | 340 | 39.0% | 0.035 | 0.0030 | -0.037 | 305 | -0.027 | 0.0029 | -0.969 | 45.2% | 73 | 78.77 | 54.25 | 52.45 | |
| 0.22 | 0.43 | 0.31 | 605 | 41.1% | 0.028 | 0.0024 | -0.032 | 310 | -0.021 | 0.0023 | -0.976 | 52.5% | 38 | 72.75 | 60.00 | 57.40 | ||
| 0.00 | 0.30 | 0.19 | 5 | 169 | 38.9% | 0.023 | 0.0020 | -0.028 | 315 | -0.016 | 0.0018 | -0.980 | 49.0% | 17 | 92.30 | 64.75 | 61.65 | |
| 0.13 | 0.28 | 0.19 | 25 | 1,480 | 43.1% | 0.019 | 0.0016 | -0.025 | 320 | -0.012 | 0.0015 | -0.984 | 53.1% | 4 | 94.72 | 69.95 | 66.60 | |
| 0.05 | 0.59 | 0.13 | 1 | 968 | 48.6% | 0.016 | 0.0014 | -0.022 | 325 | -0.008 | 0.0013 | -0.986 | 56.8% | 18 | 100.30 | 75.00 | 71.65 | |
How this is calculated: Options Chain methodology
