Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
AEE options intelligence
Ameren Corp options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
34
Market data through 12 Aug 2026
Checked 13 Aug 2026 11:41 · complete available chain
Call-side pressure
Bullish pressure
AEE currently carries bullish options pressure with a 34/100 conviction score. The nearest-chain expected move is 3.3%, with volume/open-interest participation at 0.00.
Expected move
3.3%
Near-term move context
Activity / OI
0.00
Current volume is quieter versus prior open interest
Put-call
0.40
Call-side skew
Trend fit
35
Options are not fully confirming trend
Weekly backdrop
-0.7%
RS -7.9
Expected move
3.3%
Put-call volume
0.40
Volume / OI
0.00
Reference IV
0.22
Max pain
100.00
Underlying
108.84
Nearest expiry
21 Aug 2026
Contracts
178
Research Brief
AEE has a bullish chain read with 34/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 105.29–112.39; The largest call open-interest concentration is 120.00; the largest put concentration is 105.00. The most active strike by current volume is 100.00.
Priced range105.29–112.39
Call concentration120.00
Put concentration105.00
Max pain reference100.00
- Price holds or improves while call-side concentration remains elevated.
- Price weakens while call pressure fades or reverses toward puts.
- Options and the weekly trend are not yet giving the same message.
Priced Move
Where the chain says movement becomes exceptional
Options imply 105.29 to 112.39. Max pain at 100.00 lies outside the priced range, so it is a weak near-term anchor.
Spot
Max pain
105.29108.84 ± 3.55112.39
Confirmation level
A close beyond 112.39 or below 105.29 at the 21 Aug expiry would exceed the move currently priced by this chain.
Important limitation
The range is a pricing reference, not a forecast; volatility can reprice sharply after news or as expiry approaches.
Score Construction
Why conviction is 34/100
Pressure is 52/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure52 × 42%
+22.0
How strongly activity leans toward calls or puts.
Participation1 × 22%
+0.2
Volume relative to existing open interest and contract-level activity.
Trend agreement35 × 26%
+9.0
How closely the chain read agrees with the underlying trend backdrop.
Volatility28 × 10%
+2.8
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
The largest call open-interest concentration is 120.00; the largest put concentration is 105.00. The most active strike by current volume is 100.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
55.00-49.5%
0
0
60.00-44.9%
0
0
65.00-40.3%
0
0
70.00-35.7%
0
0
75.00-31.1%
0
0
80.00-26.5%
0
0
85.00-21.9%
0
0
90.00-17.3%
0
13
95.00-12.7%
0
8
100.00-8.1%
72
42
105.00-3.5%
59
11
110.001.1%
91
8
115.005.7%
273
0
120.0010.3%
296
0
125.0014.8%
35
0
130.0019.4%
0
0
135.0024.0%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Gamma Profile by Strike
Positive gamma proxy
Call-side gamma sensitivity outweighs the put-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.
Net profile+$466,029Delta change / 1% move
Positive peak115.00+$273,965
Negative peak105.00-$27,023
Nearest balance105.66Interpolated sign change
StrikeNegativePositiveNet / 1% move
60.00-44.9%
-$29
65.00-40.3%
-$39
70.00-35.7%
-$106
75.00-31.1%
-$191
80.00-26.5%
-$208
85.00-21.9%
-$630
90.00-17.3%
-$1,400
95.00-12.7%
-$504
100.00-8.1%
-$5,539
105.00-3.5%
-$27,023
110.001.1%
+$178,277
115.005.7%
+$273,965
120.0010.3%
+$37,251
125.0014.8%
+$7,459
130.0019.4%
+$4,237
135.0024.0%
+$330
140.0028.6%
+$29
145.0033.2%
+$70
150.0037.8%
+$43
155.0042.4%
+$14
160.0047.0%
+$13
Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike
Scenario proxy = gamma × open interest × 100 shares × spot² × 1%. Calls are positive and puts negative by convention. Missing Greeks use a Black-Scholes estimate from stored IV with zero rate and dividend assumptions. Open interest does not reveal who is long or short, so this is not observed dealer positioning or a forecast.
Volatility Curve
Balanced volatility curve
Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.
0.22
21 Aug
9d
0.19
18 Sep
37d
0.20
18 Dec
128d
0.21
19 Mar
219d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
90
95
100
105
110
115
120
125
130
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
Forward validation is building. The earliest eligible stored read expires 21 Aug 2026; its result will appear after the matched closing reference is stored.
Directional follow-through-
Moves contained by pricing-
Average expiry move-
Validation readiness
- Auditable calculationoriginal version retained
- Independent entryone read per market session
- Point-in-time referencerequired at entry
- Matched expiry closereported only after maturity
Eligible snapshots must have a dated market session, stored signal, and point-in-time market reference. Each observation uses one read per market session and the first stored weekly close on or immediately after expiry; its original calculation version is retained. It is an evidence audit, not an executable strategy or evidence of future performance.
Evidence Quality
Usable with limits
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 12 Aug 2026
- Calculation
- v2.0
- Contracts
- 178 / 178
- No material coverage gap was detected in the retained chain.
Aggregate chain data supports concentration, participation and pricing analysis. It does not identify trade aggressor, opening versus closing activity, multi-leg intent or dealer inventory.
Options Intent Radar
Multi-expiry position-maintenance candidate
Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.
Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.
Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $958 of estimated gross traded notional, calls · 22-45 days · atm, and a bullish flow against weak price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+52
1W price-0.7%
Call premium82%
Put premium18%
Notional split
C 82% / P 18%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.00
Volume divided by open interest across the visible chain.
Trend fit
35/100
Agreement between options pressure and Sharemaestro market context.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.
Calls · 22-45 days · ATM
calls cluster with 4 contracts traded, $720 estimated gross traded notional, and 75% of visible notional.
$720
Puts · 22-45 days · OTM
puts cluster with 1 contracts traded, $145 estimated gross traded notional, and 15% of visible notional.
$145
Calls · 22-45 days · OTM
calls cluster with 1 contracts traded, $68 estimated gross traded notional, and 7% of visible notional.
$68
Puts · 8-21 days · OTM
puts cluster with 1 contracts traded, $25 estimated gross traded notional, and 3% of visible notional.
$25
Setup Classification
Opportunity and risk frame
Options positioning is not confirming the underlying trend context.
Call pressure is building while the stock sits above Sharemaestro fair value.
Activity Anomaly
Quiet tape
Activity is muted versus this ticker's stored history.
Baseline: 11 completed sessions
Volume rank18th
Volume/OI rank18th
IV rank9th
Market Context
Underlying confirmation
Close108.84
1W-0.7%
RS-7.9
Fair value+23.7%
Options pressure52
Speculation1
Volatility28
Trend fit35
Today Versus Normal
Stored-options context
30d avg 4.3% · 11 sessions
0th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
30d avg 0.26 · 11 sessions
9th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
30d avg 1.44 · 10 sessions
50th
90d avg - · 10/30 sessions
-
180d avg - · 10/60 sessions
-
30d avg 0.04 · 11 sessions
18th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:14
Bearish
Pressure -62
Move 5.6%
30 Jul 10:10
Bearish
Pressure -57
Move 5.3%
30 Jul 15:22
Bullish
Pressure 35
Move 6.4%
30 Jul 19:50
Bullish
Pressure 48
Move 6.5%
2 Aug 10:46
Bullish
Pressure 100
Move 4.1%
4 Aug 10:04
Bullish
Pressure 64
Move 3.8%
5 Aug 10:12
Bearish
Pressure -91
Move 3.7%
6 Aug 10:12
Mixed
Pressure -8
Move 3.6%
Strike Map
Where activity is clustering
Strike55.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike60.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike70.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike75.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike80.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike85.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike90.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts46
Avg IV0.22
Put-call-
Expiry18 Sep 2026
Contracts42
Avg IV0.19
Put-call0.20
Expiry18 Dec 2026
Contracts44
Avg IV0.20
Put-call-
Expiry19 Mar 2027
Contracts46
Avg IV0.21
Put-call-
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV0.19
Put IV0.27
Skew0.08
18 Sep 2026Call IV premium
Call IV0.34
Put IV0.23
Skew-0.11
18 Dec 2026Put IV premium
Call IV0.16
Put IV0.26
Skew0.10
19 Mar 2027Put IV premium
Call IV0.19
Put IV0.26
Skew0.07
Contract Tape
Most active contracts
ContractAEE260918C00110000
SideCall
Expiry18 Sep 2026
Strike110.00
Volume4
OI83
IV0.15
ContractAEE260918C00115000
SideCall
Expiry18 Sep 2026
Strike115.00
Volume1
OI432
IV0.18
ContractAEE260918P00105000
SidePut
Expiry18 Sep 2026
Strike105.00
Volume1
OI24
IV0.23
ContractAEE260821P00100000
SidePut
Expiry21 Aug 2026
Strike100.00
Volume1
OI8
IV0.40
ContractAEE260821C00120000
SideCall
Expiry21 Aug 2026
Strike120.00
Volume-
OI296
IV0.25
ContractAEE260821C00115000
SideCall
Expiry21 Aug 2026
Strike115.00
Volume-
OI273
IV0.15
ContractAEE260918C00130000
SideCall
Expiry18 Sep 2026
Strike130.00
Volume-
OI180
IV0.21
ContractAEE260821C00110000
SideCall
Expiry21 Aug 2026
Strike110.00
Volume-
OI91
IV0.19
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
No recent market-watch posts yet.
Earnings
No upcoming matched earnings event.
Plain English Guide
Options context
What usually looks constructive
What usually looks cautious
Options can move quickly and can lose value fast. Treat this as research context, not a buy or sell instruction.