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
2026-02-06	12802	17895	30697	1.398
2026-02-13	7450	6079	13529	0.816
2026-02-20	20683	20963	41646	1.014
2026-02-27	1523	1494	3017	0.981
2026-03-06	752	517	1269	0.688
2026-03-13	392	346	738	0.883
2026-03-20	42601	34798	77399	0.817
2026-03-27	27	5	32	0.185
2026-04-17	10757	10233	20990	0.951
2026-05-15	5950	7210	13160	1.212
2026-06-18	19735	18075	37810	0.916
2026-07-17	1901	3161	5062	1.663
2026-08-21	852	625	1477	0.734
2026-09-18	9762	11358	21120	1.163
2026-10-16	3159	265	3424	0.084
2026-11-20	181	146	327	0.807
2026-12-18	2822	3146	5968	1.115
2027-01-15	24793	19650	44443	0.793
2027-06-17	428	297	725	0.694
2027-12-17	2875	4236	7111	1.473
2028-01-21	6049	2415	8464	0.399
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.