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IBM
International Business Machines Corporation
stock NYSE

Market Open

Dec 24, 2025 12:20:48 PM EST

304.30USD+0.173%(+0.52)692,386

300.40Bid 319.20Ask 18.80Spread

Pre-market

Dec 24, 2025 9:18:30 AM EST

303.52USD-0.086%(-0.26)152

After-hours

Dec 23, 2025 4:26:30 PM EST

303.78USD-0.005%(-0.02)0

OverviewMax PainHistoricalExchangesShortsMore

IBM Max Pain Summary

The max pain for IBM on December 26th, 2025 is $302.50.

IBM Option Chain Summary

	Calls		Puts		Max	P/C	Price vs.
Exp.	ITM	OTM	ITM	OTM	Pain¹	Ratio²	Max Pain
Dec 26, 2025	1,733	6,050	1,672	7,569	302.50	1.19	+0.60%
Jan 2, 2026	506	2,980	393	3,530	302.50	1.13	+0.60%
Jan 9, 2026	267	1,377	165	588	300.00	0.46	+1.43%
Jan 16, 2026	33,426	25,432	4,020	50,506	270.00	0.93	+12.70%
Jan 23, 2026	83	593	79	369	300.00	0.66	+1.43%
Jan 30, 2026	99	566	129	458	305.00	0.88	-0.23%
Feb 20, 2026	1,330	6,146	4,143	7,810	310.00	1.60	-1.84%
Mar 20, 2026	12,866	18,984	725	19,343	280.00	0.63	+8.68%
Apr 17, 2026	1,251	5,686	638	4,142	295.00	0.69	+3.15%
May 15, 2026	4,046	2,253	367	3,016	220.00	0.54	+38.32%
Jun 18, 2026	6,634	11,064	634	14,327	280.00	0.85	+8.68%
Jul 17, 2026	110	68	5	103	250.00	0.61	+21.72%
Sep 18, 2026	5,254	5,192	597	9,016	280.00	0.92	+8.68%
Dec 18, 2026	677	1,050	149	831	240.00	0.57	+26.79%
Jan 15, 2027	11,036	11,769	1,135	13,844	260.00	0.66	+17.04%
Dec 17, 2027	1,026	1,661	74	3,501	270.00	1.33	+12.70%
Jan 21, 2028	1,963	2,133	394	1,594	230.00	0.49	+32.30%
Totals	82,307 185,311 H	103,004	15,319 155,866 H	140,547		0.84

¹ Maximum pain is the strike price with the most open puts and calls and the price at which the stock would cause financial losses for the largest number of option holders at expiration. Investopedia

² In general, greater than 0.7 suggests bearish sentiment is building in the market; below 0.7 is considered a bullish indicator. Investopedia