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
2026-08-21	102514	55916	158430	0.545
2026-08-28	12567	8207	20774	0.653
2026-09-04	2626	2402	5028	0.915
2026-09-11	1429	909	2338	0.636
2026-09-18	72713	48758	121471	0.671
2026-09-25	798	394	1192	0.494
2026-10-02	48	133	181	2.771
2026-10-16	38096	31017	69113	0.814
2026-11-20	14199	11467	25666	0.808
2026-12-18	27552	25205	52757	0.915
2027-01-15	58266	51151	109417	0.878
2027-02-19	1373	1693	3066	1.233
2027-03-19	16755	16188	32943	0.966
2027-06-17	18690	19771	38461	1.058
2027-12-17	7800	10341	18141	1.326
2028-01-21	22920	15642	38562	0.682
2028-06-16	2806	2852	5658	1.016
2028-12-15	10176	8718	18894	0.857
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.