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
2025-12-26	7734	7904	15638	1.022
2026-01-02	3032	2269	5301	0.748
2026-01-09	1513	651	2164	0.430
2026-01-16	58227	54213	112440	0.931
2026-01-23	564	365	929	0.647
2026-01-30	495	529	1024	1.069
2026-02-20	7344	11674	19018	1.590
2026-03-20	31765	19727	51492	0.621
2026-04-17	6922	4569	11491	0.660
2026-05-15	6287	3138	9425	0.499
2026-06-18	17159	14903	32062	0.869
2026-07-17	128	76	204	0.594
2026-09-18	10259	9362	19621	0.913
2026-12-18	1617	903	2520	0.558
2027-01-15	22739	14970	37709	0.658
2027-12-17	2690	3611	6301	1.342
2028-01-21	3999	1980	5979	0.495
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.