IBM option chain International Business Machines Corporation
Cboe delayed options data · as of 15:35 UTC
Each row is one strike. The left half is the call, the right half the put. Bid/ask are what buyers and sellers currently quote; volume is contracts traded this session; open interest is standing contracts. The highlighted row sits closest to the stock price.
This expiration prices a move of about ±4.7% (223.72–245.62) · ATM IV 28.5% · P/C open interest 0.55
| CALLS | Strike | PUTS | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Vol | OIThe number of option contracts currently outstanding at a strike or expiration. High open interest shows where positions are concentrated. | IV | ΔModel sensitivity of an option's price to a $1 move in the stock; also used as a rough moneyness scale (a 25-delta option is well out of the money). | Γ | Θ | Bid | Ask | Vol | OI | IV | Δ | Γ | Θ | |
| 113.20 | 115.30 | 2 | 1.00 | 0.0000 | 0.000 | 120 | 0 | 0.0300 | 745 | 110.7% | -0.00 | 0.0000 | -0.001 | |||
| 108.45 | 111.35 | 128.7% | 1.00 | 0.0000 | 0.000 | 125 | 0 | 0.1500 | 497 | 122.2% | -0.00 | 0.0000 | -0.002 | |||
| 103.70 | 105.25 | 10 | 1.00 | 0.0000 | 0.000 | 130 | 0 | 0.0300 | 367 | 98.3% | -0.00 | 0.0000 | -0.002 | |||
| 98.45 | 101.35 | 1 | 111.7% | 1.00 | 0.0000 | 0.000 | 135 | 0 | 1.87 | 187 | 156.3% | -0.00 | 0.0000 | -0.002 | ||
| 93.45 | 96.25 | 94.4% | 1.00 | 0.0001 | 0.000 | 140 | 0 | 0.0600 | 336 | 92.5% | -0.00 | 0.0001 | -0.002 | |||
| 88.25 | 91.40 | 1 | 69.3% | 1.00 | 0.0001 | 0.000 | 145 | 0 | 0.2500 | 163 | 101.5% | -0.00 | 0.0001 | -0.003 | ||
| 83.25 | 86.40 | 8 | 1.00 | 0.0001 | 0.000 | 150 | 0 | 0.0500 | 2,344 | 79.6% | -0.00 | 0.0001 | -0.003 | |||
| 78.65 | 81.45 | 95.0% | 1.00 | 0.0001 | 0.000 | 155 | 0 | 0.2800 | 185 | 90.1% | -0.00 | 0.0001 | -0.004 | |||
| 73.20 | 75.85 | 2 | 1.00 | 0.0001 | 0.000 | 160 | 0 | 0.0500 | 458 | 68.9% | -0.00 | 0.0001 | -0.004 | |||
| 68.30 | 71.45 | 1 | 59.2% | 1.00 | 0.0002 | 0.000 | 165 | 0.0100 | 0.0600 | 692 | 66.1% | -0.00 | 0.0002 | -0.005 | ||
| 63.30 | 66.45 | 3 | 45.0% | 1.00 | 0.0003 | 0.000 | 170 | 0 | 0.1000 | 1,047 | 63.4% | -0.00 | 0.0003 | -0.006 | ||
| 58.30 | 61.50 | 51.6% | 1.00 | 0.0004 | 0.000 | 175 | 0 | 0.2900 | 9 | 1,364 | 66.6% | -0.00 | 0.0004 | -0.008 | ||
| 53.40 | 56.50 | 3 | 53.8% | 0.99 | 0.0006 | 0.000 | 180 | 0.0100 | 0.1500 | 9 | 1,520 | 56.3% | -0.01 | 0.0006 | -0.011 | |
| 48.25 | 51.55 | 2 | 0.99 | 0.0008 | 0.000 | 185 | 0 | 0.0800 | 12 | 1,068 | 47.0% | -0.01 | 0.0008 | -0.014 | ||
| 43.30 | 46.65 | 234 | 44.4% | 0.99 | 0.0012 | 0.000 | 190 | 0.0600 | 0.2800 | 3 | 6,626 | 51.2% | -0.01 | 0.0012 | -0.018 | |
| 39.05 | 40.80 | 166 | 0.99 | 0.0018 | -0.003 | 195 | 0.0100 | 0.1500 | 1 | 1,844 | 41.0% | -0.01 | 0.0018 | -0.022 | ||
| 34.30 | 36.45 | 1 | 304 | 48.0% | 0.98 | 0.0026 | -0.011 | 200 | 0.1200 | 0.1600 | 11 | 3,614 | 39.2% | -0.02 | 0.0026 | -0.029 |
| 28.55 | 31.75 | 313 | 36.2% | 0.97 | 0.0040 | -0.023 | 205 | 0.1500 | 0.4000 | 30 | 2,005 | 38.2% | -0.03 | 0.0040 | -0.038 | |
| 26.10 | 29.30 | 34.8% | 0.96 | 0.0050 | -0.030 | 207.5 | 0.0400 | 0.4200 | 24 | 34.2% | -0.04 | 0.0050 | -0.044 | |||
| 24.10 | 26.90 | 717 | 37.7% | 0.95 | 0.0062 | -0.040 | 210 | 0.2600 | 0.4400 | 14 | 2,524 | 34.2% | -0.05 | 0.0063 | -0.052 | |
| 21.30 | 24.45 | 32.5% | 0.94 | 0.0078 | -0.051 | 212.5 | 0.2100 | 0.5700 | 6 | 60 | 32.0% | -0.06 | 0.0079 | -0.062 | ||
| 19.50 | 21.75 | 1 | 669 | 33.0% | 0.92 | 0.0099 | -0.064 | 215 | 0.5100 | 0.7000 | 10 | 2,024 | 32.2% | -0.08 | 0.0099 | -0.074 |
| 17.30 | 19.85 | 1 | 34.6% | 0.89 | 0.0123 | -0.080 | 217.5 | 0.6500 | 0.8800 | 5 | 127 | 31.0% | -0.11 | 0.0124 | -0.089 | |
| 14.60 | 16.85 | 3 | 3,754 | 27.5% | 0.86 | 0.0151 | -0.098 | 220 | 0.9700 | 1.22 | 35 | 3,356 | 30.9% | -0.14 | 0.0152 | -0.106 |
| 13.05 | 15.55 | 1 | 33.0% | 0.82 | 0.0181 | -0.116 | 222.5 | 1.27 | 1.53 | 4 | 93 | 29.7% | -0.18 | 0.0183 | -0.124 | |
| 11.35 | 12.85 | 12 | 923 | 30.9% | 0.77 | 0.0212 | -0.135 | 225 | 1.80 | 2.03 | 217 | 1,794 | 29.5% | -0.23 | 0.0214 | -0.142 |
| 9.45 | 11.25 | 1 | 36 | 31.1% | 0.72 | 0.0241 | -0.153 | 227.5 | 2.35 | 2.70 | 10 | 73 | 29.0% | -0.29 | 0.0243 | -0.158 |
| 7.85 | 8.60 | 54 | 5,246 | 28.3% | 0.65 | 0.0264 | -0.167 | 230 | 3.25 | 3.55 | 14 | 4,538 | 29.2% | -0.35 | 0.0267 | -0.171 |
| 6.45 | 6.95 | 9 | 187 | 28.1% | 0.58 | 0.0281 | -0.176 | 232.5 | 4.20 | 4.55 | 2 | 79 | 28.9% | -0.42 | 0.0284 | -0.180 |
| 5.20 | 5.65 | 24 | 1,731 | 28.3% | 0.51 | 0.0288 | -0.180 | 235 | 5.35 | 5.70 | 27 | 831 | 28.7% | -0.49 | 0.0292 | -0.183 |
| 4.10 | 4.55 | 23 | 218 | 28.5% | 0.44 | 0.0286 | -0.179 | 237.5 | 6.75 | 7.15 | 1 | 139 | 28.9% | -0.56 | 0.0290 | -0.180 |
| 3.40 | 3.55 | 73 | 2,419 | 29.1% | 0.37 | 0.0273 | -0.172 | 240 | 8.10 | 9.05 | 6 | 2,303 | 29.3% | -0.63 | 0.0278 | -0.172 |
| 2.45 | 2.79 | 4 | 214 | 28.7% | 0.31 | 0.0253 | -0.161 | 242.5 | 9.85 | 11.45 | 9 | 31.5% | -0.70 | 0.0258 | -0.160 | |
| 1.90 | 2.14 | 19 | 1,251 | 29.0% | 0.25 | 0.0228 | -0.147 | 245 | 11.60 | 13.20 | 212 | 31.0% | -0.76 | 0.0233 | -0.145 | |
| 1.32 | 1.67 | 16 | 194 | 28.9% | 0.21 | 0.0200 | -0.132 | 247.5 | 12.55 | 15.05 | 8 | 3 | 26.5% | -0.80 | 0.0204 | -0.128 |
| 1.07 | 1.29 | 68 | 4,493 | 29.7% | 0.17 | 0.0172 | -0.116 | 250 | 15.55 | 17.30 | 1 | 2,402 | 30.8% | -0.85 | 0.0176 | -0.111 |
| 0.7800 | 1.16 | 7 | 124 | 30.8% | 0.13 | 0.0146 | -0.101 | 252.5 | 16.90 | 19.55 | 26.2% | -0.88 | 0.0149 | -0.094 | ||
| 0.5700 | 1.03 | 7 | 2,034 | 31.9% | 0.11 | 0.0122 | -0.086 | 255 | 19.20 | 22.50 | 141 | 30.6% | -0.91 | 0.0127 | -0.078 | |
| 0.4500 | 0.5900 | 1 | 275 | 31.1% | 0.08 | 0.0101 | -0.074 | 257.5 | 21.60 | 24.85 | 31.4% | -0.93 | 0.0109 | -0.064 | ||
| 0.3500 | 0.5000 | 49 | 5,367 | 32.0% | 0.07 | 0.0084 | -0.063 | 260 | 24.40 | 27.05 | 1 | 787 | 33.8% | -0.95 | 0.0098 | -0.053 |
| 0.1700 | 0.3000 | 2 | 1,545 | 32.7% | 0.04 | 0.0057 | -0.045 | 265 | 29.35 | 32.20 | 293 | 484 | 39.4% | -0.98 | 0.0072 | -0.048 |
| 0.1400 | 0.4100 | 27 | 4,726 | 37.8% | 0.03 | 0.0039 | -0.034 | 270 | 33.95 | 36.75 | 21 | 206 | -0.99 | 0.0038 | -0.064 | |
| 0.0600 | 0.1900 | 5 | 704 | 36.8% | 0.02 | 0.0027 | -0.026 | 275 | 38.85 | 42.00 | 79 | -1.00 | 0.0015 | -0.081 | ||
| 0.0500 | 0.1400 | 4 | 4,428 | 38.8% | 0.01 | 0.0020 | -0.021 | 280 | 43.85 | 46.80 | 2 | 435 | -1.00 | 0.0005 | -0.092 | |
| 0.0100 | 0.1500 | 1 | 2,913 | 41.2% | 0.01 | 0.0015 | -0.017 | 285 | 48.90 | 52.05 | 6 | 45.7% | -1.00 | 0.0002 | -0.100 | |
| 0.0100 | 0.0800 | 1 | 2,206 | 41.4% | 0.01 | 0.0012 | -0.015 | 290 | 54.65 | 56.95 | 52 | 61.5% | -1.00 | 0.0000 | -0.104 | |
| 0 | 0.0700 | 304 | 43.2% | 0.01 | 0.0009 | -0.013 | 295 | 58.90 | 62.10 | 1 | 55.0% | -1.00 | 0.0000 | -0.107 | ||
| 0.0100 | 0.0400 | 150 | 6,233 | 44.4% | 0.01 | 0.0008 | -0.011 | 300 | 63.85 | 66.80 | 83 | -1.00 | 0.0000 | -0.109 | ||
| 0.0100 | 0.0600 | 22 | 392 | 48.7% | 0.01 | 0.0006 | -0.010 | 305 | 68.90 | 72.10 | 3 | 61.7% | -1.00 | 0.0000 | -0.110 | |
| 0.0100 | 0.0300 | 24 | 1,320 | 48.6% | 0.00 | 0.0005 | -0.009 | 310 | 73.85 | 77.25 | 13 | 68.2% | -1.00 | 0.0000 | -0.111 | |
| 0 | 0.2800 | 250 | 63.4% | 0.00 | 0.0004 | -0.008 | 315 | 78.90 | 82.05 | 65.2% | -1.00 | 0.0000 | -0.112 | |||
| 0.0100 | 0.0600 | 5 | 2,684 | 56.5% | 0.00 | 0.0004 | -0.007 | 320 | 83.90 | 87.15 | 2 | 73.4% | -1.00 | 0.0000 | -0.112 | |
| 0 | 0.2800 | 462 | 69.1% | 0.00 | 0.0003 | -0.006 | 325 | 88.90 | 92.10 | 74.2% | -1.00 | 0.0000 | -0.113 | |||
| 0.0100 | 0.0200 | 34 | 1,475 | 56.8% | 0.00 | 0.0003 | -0.005 | 330 | 93.90 | 97.35 | 84.5% | -1.00 | 0.0000 | -0.113 | ||
| 0 | 0.1000 | 601 | 66.2% | 0.00 | 0.0002 | -0.005 | 335 | 98.90 | 102.05 | 76.9% | -1.00 | 0.0000 | -0.113 | |||
| 0.0100 | 0.1000 | 51 | 1,174 | 69.3% | 0.00 | 0.0002 | -0.004 | 340 | 103.90 | 107.15 | 85.5% | -1.00 | 0.0000 | -0.113 | ||
| 0 | 0.2700 | 108 | 79.4% | 0.00 | 0.0002 | -0.004 | 345 | 108.90 | 112.10 | 85.6% | -1.00 | 0.0000 | -0.113 | |||
| 0 | 0.0100 | 54 | 5,165 | 60.1% | 0.00 | 0.0001 | -0.004 | 350 | 113.90 | 117.05 | 85.1% | -1.00 | 0.0000 | -0.114 | ||
Strikes shown: within ±50% of the underlying price. Intrinsic value = max(0, price − strike) for calls, max(0, strike − price) for puts; extrinsic = option price − intrinsic. Greeks and IV as computed by the exchange feed.
Volatility smile — Sep 18, 2026
Volatility page →Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.
callsputs