Ticker Options Intelligence

BBWI options intelligence

Bath & Body Works Inc. options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 44 Market data through 29 Jul 2026 Checked 30 Jul 2026 05:32 · complete available chain

Speculative participation surge

Bullish pressure

BBWI currently carries bullish options pressure with a 44/100 conviction score. The nearest-chain expected move is 3.1%, with volume/open-interest participation at 5.54.

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

Speculative participation surge

Expected move 3.1%

Near-term move context

Activity / OI 5.54

Current volume is elevated versus prior open interest

Put-call 0.39

Call-side skew

Trend fit 20

Options are not fully confirming trend

Weekly backdrop -4.6%

RS -15.8

Expected move 3.1%
Put-call volume 0.39
Volume / OI 5.54
Reference IV 0.05
Max pain 9.00
Underlying 19.90
Nearest expiry 31 Jul 2026
Contracts 377

Options Intent Radar

Directional flow, confirmation needed

33/100
Primary intent Directional flow, confirmation needed

There is useful activity, but aggregate chain data does not isolate participant intent.

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

Directional flow, confirmation needed matters because it connects the options headline to the actual evidence: $1.1M of estimated gross traded notional, calls · 91+ days · otm, 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+50
1W price-4.6%
Call premium67%
Put premium33%
Notional split C 67% / P 33% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 5.54 Volume divided by open interest across the visible chain.
Trend fit 20/100 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.
Conviction clusters Calls · 91+ days · OTM
Calls · 91+ days · OTM calls cluster with 2197 contracts traded, $335609 estimated gross traded notional, and 30% of visible notional.
$335609
Calls · 91+ days · ITM calls cluster with 238 contracts traded, $245878 estimated gross traded notional, and 22% of visible notional.
$245878
Puts · 91+ days · ITM puts cluster with 139 contracts traded, $144483 estimated gross traded notional, and 13% of visible notional.
$144483
Calls · 8-21 days · OTM calls cluster with 861 contracts traded, $77900 estimated gross traded notional, and 7% of visible notional.
$77900
Puts · 91+ days · ATM puts cluster with 111 contracts traded, $54778 estimated gross traded notional, and 5% of visible notional.
$54778

Setup Classification

Opportunity and risk frame

Context, not advice
Warning Speculative chase

Participation is active enough to treat follow-through risk carefully.

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Activity Anomaly

Above normal

67

Activity is running above the recent historical baseline.

Volume rank100th
Volume/OI rank100th
IV rank0th

Market Context

Underlying confirmation

Sharemaestro weekly
Close19.90
1W-4.6%
RS-15.8
Fair value-33.6%
Options pressure50
Speculation74
Volatility16
Trend fit20

Today Versus Normal

Stored-options context

View history
Expected move 3.1% muted
30d avg 5.8% · 1 read 0th
90d avg 5.8% · 1 read 0th
180d avg 5.8% · 1 read 0th
IV 0.05 muted
30d avg 0.81 · 1 read 0th
90d avg 0.81 · 1 read 0th
180d avg 0.81 · 1 read 0th
Put-call 0.39 elevated
30d avg 0.10 · 1 read 100th
90d avg 0.10 · 1 read 100th
180d avg 0.10 · 1 read 100th
Volume/OI 5.54 elevated
30d avg 0.05 · 1 read 100th
90d avg 0.05 · 1 read 100th
180d avg 0.05 · 1 read 100th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:43 Volatility
Pressure 83
Move 5.8%
30 Jul 04:32 Bullish
Pressure 50
Move 3.1%

Strike Map

Where activity is clustering

Full strike map
Strike9.00
Calls · V 8 · OI 0
Puts · V 1 · OI 0
Strike10.00
Calls · V 8 · OI 0
Puts · V 2 · OI 0
Strike11.00
Calls · V 3 · OI 0
Puts · V 0 · OI 0
Strike12.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike13.00
Calls · V 0 · OI 0
Puts · V 2 · OI 0
Strike14.00
Calls · V 2 · OI 0
Puts · V 0 · OI 0
Strike14.50
Calls · V 0 · OI 0
Puts · V 2 · OI 0
Strike15.00
Calls · V 23 · OI 0
Puts · V 2 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry31 Jul 2026
Contracts54
Avg IV0.05
Put-call1.18
Expiry7 Aug 2026
Contracts31
Avg IV0.03
Put-call2.45
Expiry14 Aug 2026
Contracts23
Avg IV0.04
Put-call0.03
Expiry21 Aug 2026
Contracts47
Avg IV0.02
Put-call2.59
Expiry28 Aug 2026
Contracts15
Avg IV0.05
Put-call0.68

Skew

Call/put IV balance

OTM demand
31 Jul 2026Call IV premium
Call IV0.25
Put IV0.13
Skew-0.12
7 Aug 2026Call IV premium
Call IV0.13
Put IV0.06
Skew-0.06
14 Aug 2026Balanced skew
Call IV0.06
Put IV0.06
Skew-
21 Aug 2026Balanced skew
Call IV0.06
Put IV0.03
Skew-0.03
28 Aug 2026Balanced skew
Call IV0.06
Put IV0.03
Skew-0.03

Contract Tape

Most active contracts

Full contract tape
ContractBBWI260731C00032000
SideCall
Expiry31 Jul 2026
Strike32.00
Volume-
OI-
IV0.50
ContractBBWI270319C00007500
SideCall
Expiry19 Mar 2027
Strike7.50
Volume-
OI13
IV0.00
ContractBBWI270917P00020000
SidePut
Expiry17 Sep 2027
Strike20.00
Volume-
OI10
IV0.60
ContractBBWI270617P00030000
SidePut
Expiry17 Jun 2027
Strike30.00
Volume-
OI3
IV0.46
ContractBBWI270617P00010000
SidePut
Expiry17 Jun 2027
Strike10.00
Volume-
OI2
IV0.70
ContractBBWI270617P00025000
SidePut
Expiry17 Jun 2027
Strike25.00
Volume-
OI1
IV0.66
ContractBBWI260918C00005000
SideCall
Expiry18 Sep 2026
Strike5.00
Volume-
OI1
IV3.26
ContractBBWI270115P00055000
SidePut
Expiry15 Jan 2027
Strike55.00
Volume-
OI1
IV0.00