INTERNATIONAL BUSINESS MACHINES CORP (IBM) Options Statistics & Positioning

INTERNATIONAL BUSINESS MACHINES CORP (IBM) options trade at a 30-day at-the-money implied volatility of 35.5%, an IV rank of 49 out of 100 over the past year. The options market prices a ±$26.57 (±11.0%) move in IBM for the front expiration. Max pain sits at $235 and the put/call open interest ratio is 0.73. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Sep 11, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$241.98

52-week range

$205.47 – $332.15

ATM IV (30d)

35.5%

IV rank

49 / 100

Moderate

Expected move

±$26.57 (±11.0%)

Put/call OI

0.73

Call-heavy

Max pain

$235

↓ 2.9% below close

Next earnings

Oct 27, 2026

Most Active IBM Contracts

Contract	Expiration	DTE	Last	IV	Volume
IBM $250 call	Sep 18, 2026	7d	$2.18	36.4%	13,093
IBM $245 call	Sep 18, 2026	7d	$3.90	36.3%	3,009
IBM $255 call	Sep 18, 2026	7d	$1.15	37.0%	2,634
IBM $260 call	Sep 18, 2026	7d	$0.61	38.4%	1,997
IBM $252.5 call	Sep 18, 2026	7d	$1.60	36.6%	1,716

See all active IBM contracts →

Explore IBM Options Statistics

IBM Implied Volatility

35.5% ATM IV (30d)

An IV rank of 49 places implied volatility in the middle of its 52-week range.

Full implied volatility analysis →

IBM Open Interest

0.73 put/call OI ratio

373,637 calls and 270,979 puts outstanding across all expirations.

Full open interest analysis →

IBM Max Pain

$235 max pain

2.9% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

IBM Gamma Exposure

$5.37B net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

IBM Options Volume

102,378 contracts traded

Put/call volume ratio 0.24 — plus contracts running far above their usual volume.

Full volume & flow analysis →

IBM Most Active Options

$250 top volume strike

The 25 most actively traded IBM contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

IBM's next expected earnings date is Oct 27, 2026. Options currently price a ±$26.57 (±11.0%) move for the front expiration.

Explore the payoff profile of option on IBM for free

Build multi-leg IBM strategies, visualize payoffs, and scan the full US options universe with OptiView.

Open IBM in the platform Scan options

IBM Options FAQ

When is IBM's next earnings date?

IBM's next expected earnings date is Oct 27, 2026. Options currently price a ±$26.57 (±11.0%) move for the front expiration.

How often is IBM options data on this page updated?

All IBM statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see IBM max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated IBM pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.