What does the IBM options chain show right now?

As of May 15, 2026, International Business Machines Corporation (IBM) has 425.8K contracts outstanding and 24.8K traded today, with ATM IV of 33.3%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.

What expirations are available for IBM options?

The nearest expiration is 28 days out, followed by 34 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.

How tight are IBM options bid/ask spreads?

Average bid/ask spread across the chain is 22.63%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.

International Business Machines Corporation (IBM) Options Chain

The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.

International Business Machines Corporation (IBM) operates in the Technology sector, specifically the Information Technology Services industry, with a market capitalization near $201.74B, listed on NYSE, employing roughly 270,300 people, carrying a beta of 0.58 to the broader market. International Business Machines Corporation provides integrated solutions and services worldwide. Led by Arvind Krishna, public since 1915-09-24.

Snapshot as of May 15, 2026.

Spot Price: $219.48
Total OI: 425.8K
Total Volume: 24.8K
Front Expiration: 28 days
Second Expiration: 34 days
ATM IV: 33.3%
Avg Bid/Ask Spread: 22.63%

As of May 15, 2026, International Business Machines Corporation (IBM) has 425.8K open contracts and 24.8K contracts traded. The nearest expiration is 28 days out, followed by 34 days. ATM implied volatility is 33.3%. Average bid/ask spread across the chain is 22.63%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How IBM options chain Data Feeds Strategy Selection

Strategy selection on International Business Machines Corporation options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 33.3% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how the options chain is reported and how to read the data →

Frequently asked IBM options chain questions

What does the IBM options chain show right now?: As of May 15, 2026, International Business Machines Corporation (IBM) has 425.8K contracts outstanding and 24.8K traded today, with ATM IV of 33.3%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for IBM options?: The nearest expiration is 28 days out, followed by 34 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are IBM options bid/ask spreads?: Average bid/ask spread across the chain is 22.63%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.