INTERNATIONAL BUSINESS MACHINES CORP (IBM) Options Volume

102,378 INTERNATIONAL BUSINESS MACHINES CORP (IBM) option contracts changed hands in the latest session, at a put/call volume ratio of 0.24. This page tracks how actively IBM options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

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

Options Volume & Premium Flow

Total options volume102,378
Call volume82,743
Put volume19,635
Put/call volume ratio0.24
Listed contracts2,232
Call premium traded$28.78M
Put premium traded$7M
Premium put/call ratio0.24
Open interest rank (31 day)68 / 100
Skew rank (31 day)27 / 100

IBM Options Volume Trend

0135.8K271.7K407.5K543.4KFeb '26Jun '26Sep '26

IBM total options volume per session, past year.

0.007.1614.3321.4928.66Feb '26Jun '26Sep '26

IBM put/call volume ratio, past year.

IBM Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
IBM $250 call Sep 18, 2026 $2.18 36.4% 6,190 13,093 12.7× avg
IBM $260 call Sep 18, 2026 $0.61 38.4% 5,057 1,997 7.2× avg

With a put/call volume ratio of 0.24, today's trading is tilted toward calls. Measured in dollars rather than contracts, $28.78M of call premium and $7M of put premium changed hands — the larger premium flow is on the call side. 2 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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IBM Options FAQ

How many IBM options traded today?

102,378 IBM option contracts traded as of Sep 11, 2026 — 82,743 calls and 19,635 puts.

Is there unusual options activity in IBM today?

Yes — 2 contracts are trading at least three times their 30-day average volume as of Sep 11, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

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.