Ticker Options Intelligence

BB options intelligence

Name: Sharemaestro BB Options Intent Radar
Creator: Sharemaestro
License: https://sharemaestro.com/data-license/

BlackBerry Ltd options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 51 Market data through 30 Jul 2026 Checked 31 Jul 2026 10:39 · complete available chain

Call-side pressure

Bullish pressure

BB currently carries bullish options pressure with a 51/100 conviction score. The nearest-chain expected move is 3.7%, with volume/open-interest participation at 0.07.

Options Intelligence Opportunities Bullish confirmation Risks Unusual flow Vol expansion Repeated pressure Compare Chart Weekly report

Primary read Bullish

Call-side pressure

Expected move 3.7%

Near-term move context

Activity / OI 0.07

Current volume is quieter versus prior open interest

Put-call 0.63

Call-side skew

Trend fit 84

Options agree with trend context

Weekly backdrop -5.0%

RS 55.9

Expected move 3.7%

Put-call volume 0.63

Volume / OI 0.07

Reference IV 1.10

Max pain 8.00

Underlying 8.54

Nearest expiry 31 Jul 2026

Contracts 646

Research Brief

BB has a bullish chain read with 51/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 8.22–8.86; The largest call open-interest concentration is 9.00; the largest put concentration is 7.00. The most active strike by current volume is 9.00.

Priced range8.22–8.86

Call concentration9.00

Put concentration7.00

Max pain reference8.00

What would confirm it

Price holds or improves while call-side concentration remains elevated.
The current chain read already agrees with the stored weekly trend context.

What would weaken it

Price weakens while call pressure fades or reverses toward puts.
Front-expiry volatility is rich, so the signal may be event-driven and vulnerable to volatility compression.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 31 Jul

Options imply 8.22 to 8.86. Max pain at 8.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain

8.228.54 ± 0.328.86

Confirmation level

A close beyond 8.86 or below 8.22 at the 31 Jul 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 51/100

Evidence alignment, not probability

Pressure is 32/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure32 × 42%

+13.3

How strongly activity leans toward calls or puts.

Participation42 × 22%

+9.2

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.

Volatility71 × 10%

+7.1

The intensity of implied volatility and the priced move.

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 9.00; the largest put concentration is 7.00. The most active strike by current volume is 9.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest

1.00-88.3%

1000

289

2.00-76.6%

553

2365

7.00-18.0%

142

1484

7.50-12.2%

235

1207

8.00-6.3%

2628

888

8.50-0.5%

3289

2002

9.005.4%

5659

679

9.5011.2%

2161

373

10.0017.1%

2451

124

10.5023.0%

1582

271

11.0028.8%

1258

11.5034.7%

1459

12.0040.5%

877

13.5058.1%

913

14.0063.9%

1256

174

15.0075.6%

1556

17.0099.1%

994

Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.29× front/back

Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.

1.10 31 Jul 1d

0.81 7 Aug 8d

0.80 14 Aug 15d

0.78 21 Aug 22d

0.78 28 Aug 29d

0.76 4 Sep 36d

0.66 11 Sep 43d

0.79 18 Sep 50d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.

Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 directional observations

Forward validation is building. The earliest eligible stored read expires 31 Jul 2026; its result will appear after the matched closing reference is stored.

Directional follow-through-

Moves contained by pricing-

Average expiry move-

Validation readiness

Versioned calculationv2 observations only
Independent entryone read per market session
Point-in-time referencerequired at entry
Matched expiry closereported only after maturity

Only v2 snapshots with a point-in-time market reference are eligible. Each observation uses one read per market session and the first weekly close on or immediately after expiry. It is an evidence audit, not an executable strategy or evidence of future performance.

Evidence Quality

High

A100/100

Retained chain100%

Implied volatility100%

Two-sided quotes100%

Open interest100%

Chain status: Complete available chain
Market date: 30 Jul 2026
Calculation: v2.0
Contracts: 646 / 646

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

78/100

Primary intent Multi-expiry position-maintenance candidate

Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.

Flow vs price divergence Bullish flow against weak price

Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.

Why this matters

Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $3.7M of estimated gross traded notional, puts · 0-7 days · itm, 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+32

1W price-5.0%

Call premium51%

Put premium49%

Notional split C 51% / P 49% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.

Freshness 0.07 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. Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.

Conviction clusters Puts · 0-7 days · ITM

Puts · 0-7 days · ITM puts cluster with 3176 contracts traded, $903841 estimated gross traded notional, and 24% of visible notional.

$903841

Puts · 22-45 days · ITM puts cluster with 518 contracts traded, $506388 estimated gross traded notional, and 14% of visible notional.

$506388

Calls · 0-7 days · ITM calls cluster with 2585 contracts traded, $420954 estimated gross traded notional, and 11% of visible notional.

$420954

Calls · 91+ days · OTM calls cluster with 4706 contracts traded, $413418 estimated gross traded notional, and 11% of visible notional.

$413418

Calls · 91+ days · ITM calls cluster with 1191 contracts traded, $332558 estimated gross traded notional, and 9% of visible notional.

$332558

Setup Classification

Opportunity and risk frame

Context, not advice

Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Warning Bullish pressure over fair value

Call pressure is building while the stock sits above Sharemaestro fair value.

Activity Anomaly

Warming up

2 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.

Baseline: 2 completed sessions

Volume rank-

Volume/OI rank-

IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly

Close8.54

1W-5.0%

RS55.9

Fair value+113.7%

Options pressure32

Speculation42

Volatility71

Trend fit84

Today Versus Normal

Stored-options context

View history

Expected move 3.7% history building

30d avg - · 2/10 sessions -

90d avg - · 2/30 sessions -

180d avg - · 2/60 sessions -

IV 1.10 history building

30d avg - · 2/10 sessions -

90d avg - · 2/30 sessions -

180d avg - · 2/60 sessions -

Put-call 0.63 history building

30d avg - · 2/10 sessions -

90d avg - · 2/30 sessions -

180d avg - · 2/60 sessions -

Volume/OI 0.07 history building

30d avg - · 2/10 sessions -

90d avg - · 2/30 sessions -

180d avg - · 2/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail

29 Jul 10:39 Volatility

Pressure 76

Move 7.7%

30 Jul 10:35 Volatility

Pressure 56

Move 8.8%

31 Jul 09:39 Bullish

Pressure 32

Move 3.7%

Strike Map

Where activity is clustering

Full strike map

Strike1.00

Calls · V 121 · OI 1000

Puts · V 0 · OI 11

Strike2.00

Calls · V 142 · OI 553

Puts · V 289 · OI 289

Strike3.00

Calls · V 111 · OI 222

Puts · V 1 · OI 0

Strike4.00

Calls · V 84 · OI 45

Puts · V 0 · OI 2

Strike5.00

Calls · V 19 · OI 34

Puts · V 0 · OI 1

Strike5.50

Calls · V 10 · OI 15

Puts · V 0 · OI 6

Strike6.00

Calls · V 6 · OI 31

Puts · V 5 · OI 71

Strike6.50

Calls · V 21 · OI 58

Puts · V 0 · OI 112

Term Structure

Expiration activity

Volume and IV

Expiry31 Jul 2026

Contracts70

Avg IV1.10

Put-call0.37

Expiry7 Aug 2026

Contracts66

Avg IV0.81

Put-call0.16

Expiry14 Aug 2026

Contracts72

Avg IV0.80

Put-call13.21

Expiry21 Aug 2026

Contracts60

Avg IV0.78

Put-call0.61

Expiry28 Aug 2026

Contracts64

Avg IV0.78

Put-call0.71

Skew

Call/put IV balance

OTM demand

31 Jul 2026Balanced skew

Call IV1.07

Put IV1.06

Skew-0.01

7 Aug 2026Call IV premium

Call IV0.83

Put IV0.75

Skew-0.09

14 Aug 2026Balanced skew

Call IV0.80

Put IV0.80

Skew-

21 Aug 2026Balanced skew

Call IV0.81

Put IV0.81

Skew-

28 Aug 2026Balanced skew

Call IV0.81

Put IV0.79

Skew-0.02

Contract Tape

Most active contracts

Full contract tape

ContractBB260814P00007500

SidePut

Expiry14 Aug 2026

Strike7.50

Volume5061

OI230

IV0.80

ContractBB260814P00007000

SidePut

Expiry14 Aug 2026

Strike7.00

Volume5014

OI91

IV0.79

ContractBB260731C00009000

SideCall

Expiry31 Jul 2026

Strike9.00

Volume4700

OI5659

IV1.07

ContractBB260731C00008500

SideCall

Expiry31 Jul 2026

Strike8.50

Volume4364

OI3289

IV1.07

ContractBB260807C00008500

SideCall

Expiry7 Aug 2026

Strike8.50

Volume1892

OI264

IV0.83

ContractBB261218C00015000

SideCall

Expiry18 Dec 2026

Strike15.00

Volume1845

OI3106

IV0.91

ContractBB260731C00008000

SideCall

Expiry31 Jul 2026

Strike8.00

Volume1814

OI2628

IV1.30

ContractBB260731P00009000

SidePut

Expiry31 Jul 2026

Strike9.00

Volume1283

OI2002

IV0.53

BB options intelligence

Bullish pressure

BB has a bullish chain read with 51/100 evidence alignment.

Where the chain says movement becomes exceptional

Why conviction is 51/100

Where open interest and current activity concentrate

Front-loaded volatility

Downside protection premium

How matured reads behaved through expiry

High

Multi-expiry position-maintenance candidate

Opportunity and risk frame

Warming up

Underlying confirmation

Stored-options context

Recent pressure and volatility

Where activity is clustering

Expiration activity

Call/put IV balance

Most active contracts

Related research and context

Sharemaestro research

Related News

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