Ticker Options Intelligence

BPOP options intelligence

Popular Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 45 Market data through 31 Jul 2026 Checked 1 Aug 2026 20:24 · complete available chain

Call-side pressure

Bullish pressure

BPOP currently carries bullish options pressure with a 45/100 conviction score. The nearest-chain expected move is 4.4%, with volume/open-interest participation at 0.00.

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

Call-side pressure

Expected move 4.4%

Near-term move context

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call 0.00

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop +2.0%

RS 20.0

Expected move 4.4%
Put-call volume -
Volume / OI 0.00
Reference IV 0.21
Max pain 165.00
Underlying 175.21
Nearest expiry 21 Aug 2026
Contracts 202

Research Brief

BPOP has a bullish chain read with 45/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 167.49–182.93; The largest call open-interest concentration is 170.00; the largest put concentration is 140.00. The most active strike by current volume is 170.00.

Priced range167.49–182.93
Call concentration170.00
Put concentration140.00
Max pain reference165.00
What would confirm it
  • Price holds or improves while call-side concentration remains elevated.
What would weaken it
  • 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

Size, not direction · through 21 Aug

Options imply 167.49 to 182.93. Max pain at 165.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
167.49175.21 ± 7.72182.93
Confirmation level

A close beyond 182.93 or below 167.49 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 45/100

Evidence alignment, not probability

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

Directional pressure100 × 42%
+42.0

How strongly activity leans toward calls or puts.

Participation0 × 22%
+0.1

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

Trend agreement0 × 26%
+0.0

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

Volatility33 × 10%
+3.3

The intensity of implied volatility and the priced move.

Reconstructed score45.4Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 170.00; the largest put concentration is 140.00. The most active strike by current volume is 170.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
105.00-40.1%
0
0
110.00-37.2%
0
0
115.00-34.4%
0
0
120.00-31.5%
0
0
125.00-28.7%
0
15
140.00-20.1%
0
14
145.00-17.2%
0
1
150.00-14.4%
0
1
155.00-11.5%
9
1
160.00-8.7%
0
4
165.00-5.8%
2
6
170.00-3.0%
19
0
175.00-0.1%
10
0
180.002.7%
12
0
190.008.4%
1
0
195.0011.3%
2
0
200.0014.1%
2
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Back-loaded volatility

0.82× front/back

Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.

0.21 21 Aug 21d
0.24 18 Sep 49d
0.24 16 Oct 77d
0.26 15 Jan 168d

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.

145
150
155
160
165
170
175
180
185
190
195
200
210
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

A100/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
202 / 202
  • 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

Directional flow, confirmation needed

34/100
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 confirms price

Options pressure and weekly price action are pointing in the same constructive direction.

Why this matters

Directional flow, confirmation needed matters because it connects the options headline to the actual evidence: $830 of estimated gross traded notional, calls · 8-21 days · itm, and a bullish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+100
1W price+2.0%
Call premium100%
Put premium0%
Notional split C 100% / P 0% 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 0/100 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 · 8-21 days · ITM
Calls · 8-21 days · ITM calls cluster with 1 contracts traded, $830 estimated gross traded notional, and 100% of visible notional.
$830

Setup Classification

Opportunity and risk frame

Context, not advice
Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Warning Bullish pressure over fair value

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

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
Close175.21
1W+2.0%
RS20.0
Fair value+72.4%
Options pressure100
Speculation0
Volatility33
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 4.4% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.21 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.00 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.00 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 10:28 Bearish
Pressure -33
Move 5.9%
30 Jul 10:24 Bullish
Pressure 100
Move 5.4%
31 Jul 10:20 Bullish
Pressure 86
Move 5.8%
1 Aug 08:07 Bullish
Pressure 100
Move 6.3%
1 Aug 19:24 Bullish
Pressure 100
Move 4.4%

Strike Map

Where activity is clustering

Full strike map
Strike105.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike110.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike115.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike120.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike125.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike130.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike135.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike140.00
Calls · V 0 · OI 0
Puts · V 0 · OI 15

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts46
Avg IV0.21
Put-call-
Expiry18 Sep 2026
Contracts46
Avg IV0.24
Put-call-
Expiry16 Oct 2026
Contracts58
Avg IV0.24
Put-call-
Expiry15 Jan 2027
Contracts52
Avg IV0.26
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.23
Put IV0.29
Skew0.06
18 Sep 2026Balanced skew
Call IV0.23
Put IV0.27
Skew0.04
16 Oct 2026Balanced skew
Call IV0.22
Put IV0.27
Skew0.05
15 Jan 2027Balanced skew
Call IV0.24
Put IV0.29
Skew0.05

Contract Tape

Most active contracts

Full contract tape
ContractBPOP260821C00170000
SideCall
Expiry21 Aug 2026
Strike170.00
Volume1
OI19
IV0.31
ContractBPOP270115C00170000
SideCall
Expiry15 Jan 2027
Strike170.00
Volume-
OI326
IV0.27
ContractBPOP270115C00160000
SideCall
Expiry15 Jan 2027
Strike160.00
Volume-
OI193
IV0.28
ContractBPOP261016C00145000
SideCall
Expiry16 Oct 2026
Strike145.00
Volume-
OI130
IV0.34
ContractBPOP261016C00165000
SideCall
Expiry16 Oct 2026
Strike165.00
Volume-
OI58
IV0.27
ContractBPOP261016C00175000
SideCall
Expiry16 Oct 2026
Strike175.00
Volume-
OI40
IV0.23
ContractBPOP261016C00110000
SideCall
Expiry16 Oct 2026
Strike110.00
Volume-
OI35
IV0.49
ContractBPOP261016C00150000
SideCall
Expiry16 Oct 2026
Strike150.00
Volume-
OI33
IV0.32