Ticker Options Intelligence

BFLY options intelligence

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

Conviction 56 Market data through 29 Jul 2026 Checked 30 Jul 2026 05:19 · complete available chain

Volatility expansion watch

Volatility pressure

BFLY currently carries volatility options pressure with a 56/100 conviction score. The nearest-chain expected move is 28.5%, with volume/open-interest participation at 0.04.

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

Volatility expansion watch

Expected move 28.5%

Wider near-term move priced

Activity / OI 0.04

Current volume is quieter versus prior open interest

Put-call 0.09

Call-side skew

Trend fit 26

Options are not fully confirming trend

Weekly backdrop -0.6%

RS 64.3

Expected move 28.5%
Put-call volume 0.09
Volume / OI 0.04
Reference IV 1.71
Max pain 7.50
Underlying 6.58
Nearest expiry 21 Aug 2026
Contracts 122

Options Intent Radar

Earnings/event positioning

85/100
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: $439340 of estimated gross traded notional, calls · 46-90 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+94
1W price-0.6%
Call premium97%
Put premium3%
Notional split C 97% / P 3% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.04 Volume divided by open interest across the visible chain.
Trend fit 26/100 Agreement between options pressure and Sharemaestro market context.
Event window 30 Jul Matched earnings event is 0 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 · 46-90 days · OTM
Calls · 46-90 days · OTM calls cluster with 1478 contracts traded, $196118 estimated gross traded notional, and 45% of visible notional.
$196118
Calls · 46-90 days · ITM calls cluster with 292 contracts traded, $73888 estimated gross traded notional, and 17% of visible notional.
$73888
Calls · 22-45 days · ITM calls cluster with 228 contracts traded, $53830 estimated gross traded notional, and 12% of visible notional.
$53830
Calls · 91+ days · ITM calls cluster with 106 contracts traded, $41030 estimated gross traded notional, and 9% of visible notional.
$41030
Calls · 91+ days · OTM calls cluster with 301 contracts traded, $38348 estimated gross traded notional, and 9% of visible notional.
$38348

Setup Classification

Opportunity and risk frame

Context, not advice
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.

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Activity Anomaly

High anomaly

100

Current options activity is unusually hot versus this ticker's stored history.

Volume rank100th
Volume/OI rank100th
IV rank100th

Market Context

Underlying confirmation

Sharemaestro weekly
Close6.58
1W-0.6%
RS64.3
Fair value+166.4%
Options pressure94
Speculation3
Volatility96
Trend fit26

Today Versus Normal

Stored-options context

View history
Expected move 28.5% muted
30d avg 28.9% · 1 read 0th
90d avg 28.9% · 1 read 0th
180d avg 28.9% · 1 read 0th
IV 1.71 elevated
30d avg 1.28 · 1 read 100th
90d avg 1.28 · 1 read 100th
180d avg 1.28 · 1 read 100th
Put-call 0.09 muted
30d avg 0.27 · 1 read 0th
90d avg 0.27 · 1 read 0th
180d avg 0.27 · 1 read 0th
Volume/OI 0.04 elevated
30d avg 0.01 · 1 read 100th
90d avg 0.01 · 1 read 100th
180d avg 0.01 · 1 read 100th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:11 Volatility
Pressure 67
Move 28.9%
30 Jul 04:19 Volatility
Pressure 94
Move 28.5%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 1 · OI 36
Puts · V 0 · OI 7
Strike5.00
Calls · V 227 · OI 1377
Puts · V 102 · OI 1096
Strike7.50
Calls · V 153 · OI 5415
Puts · V 58 · OI 1740
Strike10.00
Calls · V 311 · OI 14706
Puts · V 0 · OI 351
Strike12.50
Calls · V 25 · OI 2453
Puts · V 0 · OI 3
Strike15.00
Calls · V 11 · OI 3114
Puts · V 0 · OI 1
Strike17.50
Calls · V 0 · OI 20
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts14
Avg IV1.71
Put-call0.22
Expiry18 Sep 2026
Contracts12
Avg IV1.35
Put-call0.65
Expiry16 Oct 2026
Contracts32
Avg IV1.25
Put-call0.02
Expiry15 Jan 2027
Contracts32
Avg IV1.15
Put-call0.09
Expiry21 Jan 2028
Contracts32
Avg IV1.18
Put-call0.01

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV1.44
Put IV1.34
Skew-0.10
18 Sep 2026Call IV premium
Call IV1.21
Put IV1.14
Skew-0.08
16 Oct 2026Call IV premium
Call IV1.24
Put IV1.18
Skew-0.07
15 Jan 2027Call IV premium
Call IV1.21
Put IV1.05
Skew-0.16
21 Jan 2028Put IV premium
Call IV1.11
Put IV1.18
Skew0.07

Contract Tape

Most active contracts

Full contract tape
ContractBFLY261016C00007500
SideCall
Expiry16 Oct 2026
Strike7.50
Volume1302
OI6139
IV1.20
ContractBFLY260821C00010000
SideCall
Expiry21 Aug 2026
Strike10.00
Volume311
OI14706
IV1.44
ContractBFLY261016C00005500
SideCall
Expiry16 Oct 2026
Strike5.50
Volume291
OI1358
IV1.37
ContractBFLY260821C00005000
SideCall
Expiry21 Aug 2026
Strike5.00
Volume227
OI1377
IV1.58
ContractBFLY260821C00007500
SideCall
Expiry21 Aug 2026
Strike7.50
Volume153
OI5415
IV1.35
ContractBFLY261016C00010000
SideCall
Expiry16 Oct 2026
Strike10.00
Volume136
OI2871
IV1.08
ContractBFLY270115C00012500
SideCall
Expiry15 Jan 2027
Strike12.50
Volume115
OI493
IV1.13
ContractBFLY270115C00015000
SideCall
Expiry15 Jan 2027
Strike15.00
Volume105
OI1043
IV1.20