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IBM options: IV rank, expected move and trade screens

International Business Machines Corp · Technology

In the app, stock prices are live and options data is refreshed intraday.

IBM last closed at $247.13 with 30-day implied volatility of 33.0%. That is in the lower half of its one-year range (IV rank 26), so premiums are on the modest side for IBM. Measured by IV percentile, IV is higher than 28% of the past year's readings. Options expiring Dec 11 (28 days out) price a one standard deviation move of about $22.44, or 9.1%.

The price is above its 50-day moving average (+3.7%) but still below its 200-day (-0.1%). It is 24.9% below its 52-week high and 20.1% above its 52-week low. The 14-day RSI of 53.2 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $6.44, about 2.6% of the price, a measure of a typical day's range.

Option volume at the close (16.1K contracts) was 0.4x its average, much quieter than usual. A beta of 0.83 means IBM has tended to move about 0.8 times as much as the broad market. 5 of our preset screens found trades on IBM at the close, led by Cash-Secured Put Entries on Mega Caps with 22 trades.

IBM stats at the close

Price
$247.13
Market cap $234B
Implied volatility
33.0%
30-day, at the money
IV rank
26
IV sits 26% of the way from its one-year low to its one-year high.
IV percentile
28
IV is higher than 28% of the past year's readings.
ATR (14-day)
$6.44
2.6% of the price on a typical day
RSI (14-day)
53.2
Between 30 and 70, neutral
52-week range
-24.9% from high
+20.1% from the 52-week low
Moving averages
+3.7% vs 50-day
-0.1% vs the 200-day
Beta
0.83
Sensitivity to the broad market
Option volume
0.4x avg
16.1K contracts vs 36.9K average

IBM expected move by expiration

Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.

ExpirationIVExpected move1 SD rangeStraddle
Nov 20, 20267 days30.9%±$10.59 (4.3%)$236.54 to $257.72$8.45
Dec 11, 202628 days32.8%±$22.44 (9.1%)$224.69 to $269.57$17.95
Jan 15, 202763 days33.1%±$33.97 (13.7%)$213.16 to $281.10$27.05
Feb 19, 202798 days36.2%±$46.42 (18.8%)$200.71 to $293.55$36.82

Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.

Trades that pass our screens as of the close

Counts and ranges for IBM from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.

IBM options FAQ

What is IBM's IV rank?
At the last close, IBM's IV rank was 26 with 30-day implied volatility of 33.0%. IV sits 26% of the way from its one-year low to its one-year high. Its IV percentile was 28: IV is higher than 28% of the past year's readings.
What is the expected move for IBM?
Based on the last close, options expiring Dec 11, 2026 priced a one standard deviation move of $22.44 (9.1%), a range of $224.69 to $269.57. Roughly two times in three, the stock would finish inside that range if the options are priced fairly.
Which option screens have trades on IBM?
At the last close, these OptionClaws preset screens had passing trades on IBM: Cash-Secured Put Entries on Mega Caps (22), Long Call Butterflies for Pinning (7), Bear Put Spreads Below the 200-Day (4), Iron Condor, 2-ATR Profit Zone (3), Married Put Protection (2). Open a screen in the app to see the individual trades, refreshed intraday.
Is IBM option volume above average?
At the last close, IBM option volume was 0.4x its average, much quieter than usual.

Market data as of the prior close, for information and education only. Not investment advice. Options involve substantial risk and are not suitable for every investor. See our Terms of Service.