Primary read
Bearish
Put-side pressure
Ticker Options Intelligence
GE options intelligence
GE Aerospace options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
43
Market data through 7 Aug 2026
Checked 8 Aug 2026 02:41 · complete available chain
Put-side pressure
Bearish pressure
GE currently carries bearish options pressure with a 43/100 conviction score. The nearest-chain expected move is 2.8%, with volume/open-interest participation at 0.06.
Expected move
2.8%
Near-term move context
Activity / OI
0.06
Current volume is quieter versus prior open interest
Put-call
1.54
Put-side skew
Trend fit
84
Options agree with trend context
Weekly backdrop
+1.8%
RS 7.3
Expected move
2.8%
Put-call volume
1.54
Volume / OI
0.06
Reference IV
0.22
Max pain
367.50
Underlying
360.07
Nearest expiry
7 Aug 2026
Contracts
1628
Research Brief
GE has a bearish chain read with 43/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 349.88–370.26; The largest call open-interest concentration is 375.00; the largest put concentration is 315.00. The most active strike by current volume is 375.00.
Priced range349.88–370.26
Call concentration375.00
Put concentration315.00
Max pain reference367.50
- Price remains weak while put-side concentration persists.
- The current chain read already agrees with the stored weekly trend context.
- Price recovers while put pressure fades or reverses toward calls.
Priced Move
Where the chain says movement becomes exceptional
Options imply 349.88 to 370.26. Max pain at 367.50 sits inside that range, 2.1% above spot.
Spot
Max pain
349.88360.07 ± 10.19370.26
Confirmation level
A close beyond 370.26 or below 349.88 at the 7 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 43/100
Pressure is 22/100 toward puts; conviction uses its strength, while the signal label carries its direction.
Directional pressure22 × 42%
+9.3
How strongly activity leans toward calls or puts.
Participation41 × 22%
+9.1
Volume relative to existing open interest and contract-level activity.
Trend agreement84 × 26%
+21.8
How closely the chain read agrees with the underlying trend backdrop.
Volatility27 × 10%
+2.7
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 375.00; the largest put concentration is 315.00. The most active strike by current volume is 375.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
494
185.00-48.6%
0
418
200.00-44.5%
2
534
205.00-43.1%
1
474
210.00-41.7%
1
1140
215.00-40.3%
1
5096
315.00-12.5%
2
670
330.00-8.4%
5
1250
350.00-2.8%
100
495
352.50-2.1%
9
399
360.000.0%
200
242
365.001.4%
185
509
367.502.1%
299
108
370.002.8%
512
53
372.503.5%
371
89
375.004.1%
678
326
380.005.5%
372
41
385.006.9%
327
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+$49.9MDelta change / 1% move
Positive peak370.00+$14.0M
Negative peak320.00-$1.2M
Nearest balance361.00Interpolated sign change
StrikeNegativePositiveNet / 1% move
335.00-7.0%
-$751,034
337.50-6.3%
-$12,275
340.00-5.6%
+$2.0M
342.50-4.9%
-$27,696
345.00-4.2%
-$353,549
347.50-3.5%
+$6,969
350.00-2.8%
+$1.9M
352.50-2.1%
-$308,835
355.00-1.4%
+$49,092
357.50-0.7%
-$43,342
360.000.0%
-$291,349
362.500.7%
+$436,796
365.001.4%
-$505,052
367.502.1%
+$1.2M
370.002.8%
+$14.0M
372.503.5%
+$2.4M
375.004.1%
+$2.8M
377.504.8%
+$259,156
380.005.5%
+$4.6M
382.506.2%
+$154,323
385.006.9%
+$986,156
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
Back-loaded volatility
Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.
0.22
7 Aug
0d
0.29
14 Aug
7d
0.30
21 Aug
14d
0.31
28 Aug
21d
0.31
4 Sep
28d
0.31
11 Sep
35d
0.31
18 Sep
42d
0.32
25 Sep
49d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
290
300
308
313
320
325
333
338
345
350
355
363
368
375
380
388
393
400
405
420
430
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
1 stored transitions are available, but none had a directional bullish or bearish label.
Directional follow-through-
Moves contained by pricing100%
Average expiry move1.8%
30 Jul
Mixed · 42
1.8% through expiry
2.0% priced · v2.0
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
High
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 7 Aug 2026
- Calculation
- v2.0
- Contracts
- 1628 / 1628
- 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
Put-heavy activity
Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.
Put-side pressure is building while price is rising, a cautionary divergence.
Put-heavy activity matters because it connects the options headline to the actual evidence: $7.6M of estimated gross traded notional, puts · 22-45 days · itm, and a bearish flow against rising price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure-22
1W price+1.8%
Call premium47%
Put premium53%
Notional split
C 47% / P 53%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.06
Volume divided by open interest across the visible chain.
Trend fit
84/100
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.
Puts · 22-45 days · ITM
puts cluster with 1305 contracts traded, $2.0M estimated gross traded notional, and 26% of visible notional.
$2.0M
Calls · 91+ days · OTM
calls cluster with 374 contracts traded, $818,258 estimated gross traded notional, and 11% of visible notional.
$818,258
Calls · 91+ days · ITM
calls cluster with 62 contracts traded, $708,298 estimated gross traded notional, and 9% of visible notional.
$708,298
Puts · 91+ days · OTM
puts cluster with 913 contracts traded, $436,048 estimated gross traded notional, and 6% of visible notional.
$436,048
Puts · 0-7 days · ITM
puts cluster with 603 contracts traded, $434,548 estimated gross traded notional, and 6% of visible notional.
$434,548
Setup Classification
Opportunity and risk frame
Positioning agrees with the Sharemaestro trend backdrop.
Underlying price is close to the max-pain zone.
Activity Anomaly
Warming up
8 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 8 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close360.07
1W+1.8%
RS7.3
Fair value+71.8%
Options pressure-22
Speculation41
Volatility27
Trend fit84
Today Versus Normal
Stored-options context
30d avg - · 8/10 sessions
-
90d avg - · 8/30 sessions
-
180d avg - · 8/60 sessions
-
30d avg - · 8/10 sessions
-
90d avg - · 8/30 sessions
-
180d avg - · 8/60 sessions
-
30d avg - · 8/10 sessions
-
90d avg - · 8/30 sessions
-
180d avg - · 8/60 sessions
-
30d avg - · 8/10 sessions
-
90d avg - · 8/30 sessions
-
180d avg - · 8/60 sessions
-
Pressure Trail
Recent pressure and volatility
1 Aug 02:00
Mixed
Pressure -14
Move 2.3%
1 Aug 06:45
Mixed
Pressure -14
Move 4.4%
2 Aug 08:23
Mixed
Pressure -14
Move 3.7%
3 Aug 13:40
Bearish
Pressure -20
Move 3.7%
3 Aug 15:00
Bearish
Pressure -22
Move 3.7%
3 Aug 16:30
Bearish
Pressure -25
Move 3.4%
3 Aug 18:00
Bearish
Pressure -34
Move 3.3%
3 Aug 19:20
Bearish
Pressure -29
Move 3.7%
Strike Map
Where activity is clustering
Strike185.00
Calls · V 0 · OI 0
Puts · V 10 · OI 494
Strike190.00
Calls · V 0 · OI 1
Puts · V 0 · OI 353
Strike195.00
Calls · V 0 · OI 0
Puts · V 4 · OI 300
Strike200.00
Calls · V 0 · OI 2
Puts · V 0 · OI 418
Strike205.00
Calls · V 0 · OI 1
Puts · V 1 · OI 534
Strike210.00
Calls · V 0 · OI 1
Puts · V 1 · OI 474
Strike215.00
Calls · V 0 · OI 1
Puts · V 11 · OI 1140
Strike220.00
Calls · V 0 · OI 2
Puts · V 7 · OI 143
Term Structure
Expiration activity
Expiry7 Aug 2026
Contracts150
Avg IV0.22
Put-call0.49
Expiry14 Aug 2026
Contracts152
Avg IV0.29
Put-call2.34
Expiry21 Aug 2026
Contracts134
Avg IV0.30
Put-call1.49
Expiry28 Aug 2026
Contracts110
Avg IV0.31
Put-call0.52
Expiry4 Sep 2026
Contracts110
Avg IV0.31
Put-call7.33
Skew
Call/put IV balance
7 Aug 2026Put IV premium
Call IV0.06
Put IV0.22
Skew0.16
14 Aug 2026Balanced skew
Call IV0.29
Put IV0.29
Skew-
21 Aug 2026Balanced skew
Call IV0.31
Put IV0.31
Skew-
28 Aug 2026Balanced skew
Call IV0.29
Put IV0.32
Skew0.03
4 Sep 2026Balanced skew
Call IV0.29
Put IV0.33
Skew0.04
Contract Tape
Most active contracts
ContractGE260918P00370000
SidePut
Expiry18 Sep 2026
Strike370.00
Volume1280
OI1551
IV0.31
ContractGE260807C00375000
SideCall
Expiry7 Aug 2026
Strike375.00
Volume614
OI678
IV0.11
ContractGE260814P00347500
SidePut
Expiry14 Aug 2026
Strike347.50
Volume459
OI11
IV0.30
ContractGE260814P00350000
SidePut
Expiry14 Aug 2026
Strike350.00
Volume440
OI213
IV0.30
ContractGE260807C00370000
SideCall
Expiry7 Aug 2026
Strike370.00
Volume397
OI512
IV0.10
ContractGE260918P00340000
SidePut
Expiry18 Sep 2026
Strike340.00
Volume264
OI1072
IV0.32
ContractGE270115P00165000
SidePut
Expiry15 Jan 2027
Strike165.00
Volume241
OI429
IV0.53
ContractGE270115P00180000
SidePut
Expiry15 Jan 2027
Strike180.00
Volume241
OI384
IV0.48
Research Graph
Related research and context
Sharemaestro research
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Earnings
Plain English Guide
Options context
What usually looks constructive
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Options can move quickly and can lose value fast. Treat this as research context, not a buy or sell instruction.