IBM Options Chain by Expiration – Open Interest & Put/Call Ratio

Explore the IBM options chain aggregated by expiration date, with call and put open interest, total OI and put/call ratios. Use this overview to spot where options positioning is most concentrated and which expirations carry bullish, bearish or neutral sentiment for IBM.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from IBM Options by Expiration Date

The table below aggregates IBM options data by expiration date, including call volume, put volume, total open interest and the put/call ratio. Each row is assigned a sentiment label and numerical sentiment score, highlighting expirations where positioning is extremely bullish, defensive or balanced. Click on an expiration date to drill down into the detailed options chain for that maturity.

Expiration Date	Call OI	Put OI	Total Open Interest	Put/Call Ratio
2026-03-27	8961	8973	17934	1.001
2026-04-02	3618	1794	5412	0.496
2026-04-10	1016	854	1870	0.841
2026-04-17	26914	18371	45285	0.683
2026-04-24	1116	611	1727	0.547
2026-05-01	245	390	635	1.592
2026-05-15	18164	12240	30404	0.674
2026-06-18	25572	20064	45636	0.785
2026-07-17	4369	5399	9768	1.236
2026-08-21	7018	3835	10853	0.546
2026-09-18	11230	19003	30233	1.692
2026-10-16	3955	2210	6165	0.559
2026-11-20	1098	962	2060	0.876
2026-12-18	3984	5294	9278	1.329
2027-01-15	27191	22256	49447	0.819
2027-03-19	28	130	158	4.643
2027-06-17	1489	1851	3340	1.243
2027-12-17	3013	5031	8044	1.670
2028-01-21	7416	4340	11756	0.585
2028-12-15	688	399	1087	0.580
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for IBM based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Compares put and call activity. A higher PCR usually indicates more defensive or bearish positioning, while a lower PCR suggests bullish call demand. Open Interest (OI): Represents the number of outstanding option contracts. Higher open interest reflects strong market attention, hedging activity or speculative positioning around IBM. Unusual activity ⚠️: Expirations with extreme PCR or unusually high OI are flagged with a warning icon, signaling concentrated bets, hedging pressure or potential event-driven risk. The sentiment score combines PCR and OI into a 0–100 scale, then classifies each expiration into intuitive labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Higher scores reflect more aggressive bullish positioning in IBM options, while lower scores highlight more defensive or bearish structures.