Cboe data shows mixed options sentiment in IBM with shares down 2.86%
Cboe data shows mixed options sentiment in IBM (IBM), with shares down $8.65 near $293.40. Options volume relatively light with 42k contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.41. Implied volatility (IV30) dropped 0.63 near 53.63, in the highest 10% of observations over the past year, suggesting an expected daily move of $9.91. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: IBM (IBM) will report earnings after the close on 2026-07-22.Option markets are pricing in a 50% probability of a move greater than 7.15% or $20.98.
Cboe data shows mixed options sentiment in IBM (IBM), with shares down $8.65 near $293.40.
Options volume relatively light with 42k contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.41.
Implied volatility (IV30) dropped 0.63 near 53.63, in the highest 10% of observations over the past year, suggesting an expected daily move of $9.91.
Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: IBM (IBM) will report earnings after the close on 2026-07-22.Option markets are pricing in a 50% probability of a move greater than 7.15% or $20.98.