Ticker Options Intelligence

AMT options intelligence

American Tower Corp options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 40 Market data through 31 Jul 2026 Checked 1 Aug 2026 01:25 · complete available chain

Call-side pressure

Bullish pressure

AMT currently carries bullish options pressure with a 40/100 conviction score. The nearest-chain expected move is 7.4%, with volume/open-interest participation at 0.02.

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

Call-side pressure

Expected move 7.4%

Wider near-term move priced

Activity / OI 0.02

Current volume is quieter versus prior open interest

Put-call 0.39

Call-side skew

Trend fit 23

Options are not fully confirming trend

Weekly backdrop +4.0%

RS -11.4

Expected move 7.4%
Put-call volume 0.39
Volume / OI 0.02
Reference IV 0.31
Max pain 170.00
Underlying 166.67
Nearest expiry 21 Aug 2026
Contracts 630

Research Brief

AMT has a bullish chain read with 40/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 154.37–178.97; The largest call open-interest concentration is 210.00; the largest put concentration is 160.00. The most active strike by current volume is 185.00.

Priced range154.37–178.97
Call concentration210.00
Put concentration160.00
Max pain reference170.00
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 154.37 to 178.97. Max pain at 170.00 sits inside that range, 2.0% above spot.

Spot Max pain
154.37166.67 ± 12.30178.97
Confirmation level

A close beyond 178.97 or below 154.37 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 40/100

Evidence alignment, not probability

Pressure is 48/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure48 × 42%
+20.1

How strongly activity leans toward calls or puts.

Participation41 × 22%
+8.9

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

Trend agreement23 × 26%
+6.0

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

Volatility51 × 10%
+5.1

The intensity of implied volatility and the priced move.

Reconstructed score40.1Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 210.00; the largest put concentration is 160.00. The most active strike by current volume is 185.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
50
120.00-28.0%
0
83
140.00-16.0%
2
145
145.00-13.0%
1
465
150.00-10.0%
7
291
155.00-7.0%
1
2002
160.00-4.0%
10
999
165.00-1.0%
233
1429
170.002.0%
420
156
175.005.0%
161
59
180.008.0%
816
21
185.0011.0%
351
8
190.0014.0%
1141
1
195.0017.0%
285
0
200.0020.0%
395
0
210.0026.0%
1572
0
220.0032.0%
63
0
240.0044.0%
43
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

1.00× front/back

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

0.31 21 Aug 21d
0.31 18 Sep 49d
0.31 16 Oct 77d
0.31 18 Dec 140d
0.30 15 Jan 168d
0.31 19 Mar 231d
0.30 17 Jun 321d
0.31 15 Oct 441d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

Comparable upside calls and downside puts carry broadly similar implied volatility.

135
140
145
150
155
160
165
170
175
180
185
190
195
200
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
630 / 630
  • 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

75/100
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 Bullish flow confirms price

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

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $588166 of estimated gross traded notional, calls · 91+ days · otm, 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+48
1W price+4.0%
Call premium91%
Put premium9%
Notional split C 91% / P 9% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.02 Volume divided by open interest across the visible chain.
Trend fit 23/100 Agreement between options pressure and Sharemaestro market context.
Event window 4 Aug Matched earnings event is 3 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 Calls · 91+ days · OTM
Calls · 91+ days · OTM calls cluster with 379 contracts traded, $364182 estimated gross traded notional, and 62% of visible notional.
$364182
Calls · 46-90 days · OTM calls cluster with 148 contracts traded, $58630 estimated gross traded notional, and 10% of visible notional.
$58630
Calls · 8-21 days · OTM calls cluster with 362 contracts traded, $55220 estimated gross traded notional, and 9% of visible notional.
$55220
Calls · 46-90 days · ITM calls cluster with 16 contracts traded, $39470 estimated gross traded notional, and 7% of visible notional.
$39470
Puts · 8-21 days · OTM puts cluster with 200 contracts traded, $13653 estimated gross traded notional, and 2% of visible notional.
$13653

Setup Classification

Opportunity and risk frame

Context, not advice
Warning Event-risk setup

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

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

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
Close173.36
1W+4.0%
RS-11.4
Fair value-6.3%
Options pressure48
Speculation41
Volatility51
Trend fit23

Today Versus Normal

Stored-options context

View history
Expected move 7.4% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.31 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.39 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.02 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 10:03 Bullish
Pressure 34
Move 7.3%
30 Jul 10:02 Mixed
Pressure -11
Move 10.6%
30 Jul 20:02 Bullish
Pressure 35
Move 7.8%
30 Jul 23:58 Bullish
Pressure 37
Move 7.8%
31 Jul 03:45 Bullish
Pressure 100
Move 6.1%
31 Jul 08:38 Bullish
Pressure 33
Move 7.8%
1 Aug 00:25 Bullish
Pressure 48
Move 7.4%

Strike Map

Where activity is clustering

Full strike map
Strike100.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
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 50
Strike125.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike130.00
Calls · V 0 · OI 0
Puts · V 0 · OI 24
Strike135.00
Calls · V 0 · OI 0
Puts · V 0 · OI 37

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts58
Avg IV0.31
Put-call0.72
Expiry18 Sep 2026
Contracts70
Avg IV0.31
Put-call0.49
Expiry16 Oct 2026
Contracts58
Avg IV0.31
Put-call0.23
Expiry18 Dec 2026
Contracts60
Avg IV0.31
Put-call0.19
Expiry15 Jan 2027
Contracts76
Avg IV0.30
Put-call0.09

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.30
Put IV0.31
Skew0.01
18 Sep 2026Balanced skew
Call IV0.28
Put IV0.30
Skew0.02
16 Oct 2026Put IV premium
Call IV0.27
Put IV0.33
Skew0.06
18 Dec 2026Put IV premium
Call IV0.28
Put IV0.34
Skew0.06
15 Jan 2027Put IV premium
Call IV0.28
Put IV0.34
Skew0.06

Contract Tape

Most active contracts

Full contract tape
ContractAMT260821C00185000
SideCall
Expiry21 Aug 2026
Strike185.00
Volume301
OI351
IV0.30
ContractAMT270319C00190000
SideCall
Expiry19 Mar 2027
Strike190.00
Volume200
OI20
IV0.28
ContractAMT260821P00160000
SidePut
Expiry21 Aug 2026
Strike160.00
Volume105
OI2002
IV0.32
ContractAMT260821P00155000
SidePut
Expiry21 Aug 2026
Strike155.00
Volume83
OI291
IV0.34
ContractAMT260918C00185000
SideCall
Expiry18 Sep 2026
Strike185.00
Volume65
OI155
IV0.29
ContractAMT260821P00165000
SidePut
Expiry21 Aug 2026
Strike165.00
Volume46
OI999
IV0.31
ContractAMT260821C00180000
SideCall
Expiry21 Aug 2026
Strike180.00
Volume41
OI816
IV0.30
ContractAMT261016C00185000
SideCall
Expiry16 Oct 2026
Strike185.00
Volume37
OI209
IV0.28