IBM

International Business Machines Corp

$287.56 -7.74 (-2.62%) At close · Jul 10

Market Cap

$270.27B

939,885,280

Options Calculator

Theoretical estimate

Estimate what a long-dated option on IBM could return if you hold it and the stock reaches a target price. Premiums are theoretical Black-Scholes-Merton values — tune the inputs to match your broker, then compare each strike's return against simply holding the shares.

Holding period

2.00 years

Implied volatility (%)

1-year realized volatility. Implied vol usually differs — adjust to your broker's number.Market-wide VIX 15.

Risk-free rate (%)

Latest SOFR (2026-07-09) — an overnight rate, a rough proxy over years.

Dividend per share $

Annualizes to a 2.35% yield. Most recent $1.69 ex-date 2026-05-08; frequency detected — adjust if it's wrong.

Recent payouts

2026-05-08 $1.69
2026-02-10 $1.68
2025-11-10 $1.68
2025-08-08 $1.68

Target price at horizon

Spot $287.56 on 2026-07-10.

Best strike

—

Highest estimated return

Return at target

—

— annualized

Breakeven

—

Stock price to break even

Hold the stock

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— annualized, with dividends

Return by strike at your target price

Strike ladder

Strike	Moneyness	Premium	Breakeven	Value at target	Return	Annualized	Max loss

Per share; one contract = 100 shares. Premiums are theoretical Black-Scholes-Merton estimates — real options are American-style and priced off an implied-volatility smile, so use your broker's quote for the actual premium. Not investment advice.

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Key facts CIK 51143 CUSIP 459200101 13F (30d) 341 filings 289 filers Visit website Investor relations