Ticker Options Intelligence

DBVT options intelligence

DBV Technologies options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 77 Market data through 31 Jul 2026 Checked 2 Aug 2026 01:04 · complete available chain

Volatility expansion watch

Volatility pressure

DBVT currently carries volatility options pressure with a 77/100 conviction score. The nearest-chain expected move is 21.9%, with volume/open-interest participation at 2.13.

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

Volatility expansion watch

Expected move 21.9%

Wider near-term move priced

Activity / OI 2.13

Current volume is elevated versus prior open interest

Put-call 48.67

Put-side skew

Trend fit 51

Options are not fully confirming trend

Weekly backdrop -1.0%

RS -25.9

Expected move 21.9%
Put-call volume 48.67
Volume / OI 2.13
Reference IV 0.72
Max pain 12.50
Underlying 13.50
Nearest expiry 21 Aug 2026
Contracts 72

Research Brief

DBVT has a volatility chain read with 77/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 10.55–16.45; The largest call open-interest concentration is 5.00; the largest put concentration is 12.50. The most active strike by current volume is 12.50.

Priced range10.55–16.45
Call concentration5.00
Put concentration12.50
Max pain reference12.50
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • Options and the weekly trend are not yet giving the same message.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 10.55 to 16.45. Max pain at 12.50 sits inside that range, 7.4% below spot.

Spot Max pain
10.5513.50 ± 2.9516.45
Confirmation level

A close beyond 16.45 or below 10.55 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 77/100

Evidence alignment, not probability

Pressure is 96/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure96 × 42%
+40.3

How strongly activity leans toward calls or puts.

Participation66 × 22%
+14.5

Volume relative to existing open interest and contract-level activity.

Trend agreement51 × 26%
+13.3

How closely the chain read agrees with the underlying trend backdrop.

Volatility91 × 10%
+9.1

The intensity of implied volatility and the priced move.

Reconstructed score77.2Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 5.00; the largest put concentration is 12.50. The most active strike by current volume is 12.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
5.00-63.0%
0
0
7.50-44.4%
0
0
10.00-25.9%
0
140
12.50-7.4%
0
0
15.0011.1%
0
0
17.5029.6%
0
0
20.0048.1%
0
0
22.5066.7%
0
0
25.0085.2%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

0.93× front/back

Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.

0.72 21 Aug 21d
0.58 18 Sep 49d
0.75 20 Nov 112d
0.78 19 Feb 203d

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.

13
15
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 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
  • 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

A97/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
72 / 72
  • 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

Earnings/event positioning

95/100
Primary intent Earnings/event positioning

Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.

Flow vs price divergence Volatility flow versus price

Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $13405 of estimated gross traded notional, puts · 8-21 days · otm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-96
1W price-1.0%
Call premium10%
Put premium90%
Notional split C 10% / P 90% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 2.13 Volume divided by open interest across the visible chain.
Trend fit 51/100 Agreement between options pressure and Sharemaestro market context.
Event window 4 Aug Matched earnings event is 2 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Conviction clusters Puts · 8-21 days · OTM
Puts · 8-21 days · OTM puts cluster with 290 contracts traded, $11600 estimated gross traded notional, and 87% of visible notional.
$11600
Calls · 91+ days · OTM calls cluster with 4 contracts traded, $670 estimated gross traded notional, and 5% of visible notional.
$670
Puts · 91+ days · OTM puts cluster with 2 contracts traded, $525 estimated gross traded notional, and 4% of visible notional.
$525
Calls · 91+ days · ITM calls cluster with 1 contracts traded, $525 estimated gross traded notional, and 4% of visible notional.
$525
Calls · 46-90 days · OTM calls cluster with 1 contracts traded, $85 estimated gross traded notional, and 1% of visible notional.
$85

Setup Classification

Opportunity and risk frame

Context, not advice
Warning Speculative chase

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

Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Warning Event-risk setup

Expected move or upcoming earnings makes the setup more event-sensitive.

Activity Anomaly

Warming up

-

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

Baseline: 3 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close13.50
1W-1.0%
RS-25.9
Fair value+29.9%
Options pressure-96
Speculation66
Volatility91
Trend fit51

Today Versus Normal

Stored-options context

View history
Expected move 21.9% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.72 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 48.67 history building
30d avg - · 0/10 sessions -
90d avg - · 0/30 sessions -
180d avg - · 0/60 sessions -
Volume/OI 2.13 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:12 Mixed
Pressure 0
Move 22.6%
30 Jul 10:59 Mixed
Pressure 0
Move 21.8%
31 Jul 10:55 Bearish
Pressure -100
Move 3.1%
31 Jul 12:20 Mixed
Pressure 0
Move 21.8%
31 Jul 13:42 Bearish
Pressure -100
Move 1.5%
31 Jul 23:04 Volatility
Pressure -100
Move 15.1%
2 Aug 00:04 Volatility
Pressure -96
Move 21.9%

Strike Map

Where activity is clustering

Full strike map
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike7.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike10.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike12.50
Calls · V 0 · OI 0
Puts · V 290 · OI 140
Strike15.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike17.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike20.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike22.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts18
Avg IV0.72
Put-call-
Expiry18 Sep 2026
Contracts18
Avg IV0.58
Put-call-
Expiry20 Nov 2026
Contracts18
Avg IV0.75
Put-call-
Expiry19 Feb 2027
Contracts18
Avg IV0.78
Put-call0.67

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.23
Put IV0.66
Skew0.43
18 Sep 2026Balanced skew
Call IV0.15
Put IV0.13
Skew-0.02
20 Nov 2026Put IV premium
Call IV0.21
Put IV1.10
Skew0.89
19 Feb 2027Call IV premium
Call IV1.25
Put IV0.85
Skew-0.40

Contract Tape

Most active contracts

Full contract tape
ContractDBVT260821P00012500
SidePut
Expiry21 Aug 2026
Strike12.50
Volume290
OI140
IV0.66
ContractDBVT270219C00017500
SideCall
Expiry19 Feb 2027
Strike17.50
Volume2
OI-
IV0.94
ContractDBVT270219P00012500
SidePut
Expiry19 Feb 2027
Strike12.50
Volume2
OI-
IV0.85
ContractDBVT261120C00017500
SideCall
Expiry20 Nov 2026
Strike17.50
Volume1
OI-
IV0.21
ContractDBVT270219C00010000
SideCall
Expiry19 Feb 2027
Strike10.00
Volume1
OI-
IV0.90
ContractDBVT260918C00015000
SideCall
Expiry18 Sep 2026
Strike15.00
Volume1
OI-
IV0.15
ContractDBVT261120C00020000
SideCall
Expiry20 Nov 2026
Strike20.00
Volume1
OI-
IV0.30
ContractDBVT260821C00012500
SideCall
Expiry21 Aug 2026
Strike12.50
Volume-
OI-
IV1.61