Primary read
Volatility
Volatility expansion watch
Ticker Options Intelligence
EBC options intelligence
Eastern Bankshares Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
57
Market data through 29 Jul 2026
Checked 30 Jul 2026 05:19 · complete available chain
Volatility expansion watch
Volatility pressure
EBC currently carries volatility options pressure with a 57/100 conviction score. The nearest-chain expected move is 7.7%, with volume/open-interest participation at 0.87.
Expected move
7.7%
Wider near-term move priced
Activity / OI
0.87
Current volume is elevated versus prior open interest
Put-call
0.01
Call-side skew
Trend fit
0
Options are not fully confirming trend
Weekly backdrop
-0.3%
RS 10.8
Expected move
7.7%
Put-call volume
0.01
Volume / OI
0.87
Reference IV
0.66
Max pain
17.50
Underlying
22.92
Nearest expiry
21 Aug 2026
Contracts
30
Options Intent Radar
Volatility expansion bet
The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.
Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.
Volatility expansion bet matters because it connects the options headline to the actual evidence: $1.3M of estimated gross traded notional, calls · 22-45 days · itm, 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+100
1W price-0.3%
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
0.87
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.
Calls · 22-45 days · ITM
calls cluster with 798 contracts traded, $1.2M estimated gross traded notional, and 92% of visible notional.
$1.2M
Calls · 91+ days · ITM
calls cluster with 89 contracts traded, $67472 estimated gross traded notional, and 5% of visible notional.
$67472
Calls · 91+ days · ATM
calls cluster with 145 contracts traded, $39825 estimated gross traded notional, and 3% of visible notional.
$39825
Calls · 22-45 days · ATM
calls cluster with 27 contracts traded, $2902 estimated gross traded notional, and 0% of visible notional.
$2902
Calls · 46-90 days · ATM
calls cluster with 7 contracts traded, $998 estimated gross traded notional, and 0% of visible notional.
$998
Setup Classification
Opportunity and risk frame
Participation is active enough to treat follow-through risk carefully.
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Options positioning is not confirming the underlying trend context.
Activity Anomaly
High anomaly
Current options activity is unusually hot versus this ticker's stored history.
Volume rank100th
Volume/OI rank100th
IV rank100th
Market Context
Underlying confirmation
Close22.92
1W-0.3%
RS10.8
Fair value+45.6%
Options pressure100
Speculation32
Volatility77
Trend fit0
Today Versus Normal
Stored-options context
30d avg 7.2% · 1 read
100th
90d avg 7.2% · 1 read
100th
180d avg 7.2% · 1 read
100th
30d avg 0.29 · 1 read
100th
90d avg 0.29 · 1 read
100th
180d avg 0.29 · 1 read
100th
30d avg 0.00 · 1 read
100th
90d avg 0.00 · 1 read
100th
180d avg 0.00 · 1 read
100th
30d avg 0.03 · 1 read
100th
90d avg 0.03 · 1 read
100th
180d avg 0.03 · 1 read
100th
Pressure Trail
Recent pressure and volatility
29 Jul 10:43
Bullish
Pressure 100
Move 7.2%
30 Jul 04:19
Volatility
Pressure 100
Move 7.7%
Strike Map
Where activity is clustering
Strike2.50
Calls · V 653 · OI 0
Puts · V 1 · OI 0
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
Strike17.50
Calls · V 70 · OI 106
Puts · V 2 · OI 102
Strike20.00
Calls · V 75 · OI 70
Puts · V 1 · OI 53
Strike22.50
Calls · V 27 · OI 433
Puts · V 1 · OI 2
Strike25.00
Calls · V 1 · OI 22
Puts · V 0 · OI 0
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts12
Avg IV0.66
Put-call0.01
Expiry18 Sep 2026
Contracts3
Avg IV0.50
Put-call-
Expiry20 Nov 2026
Contracts12
Avg IV0.75
Put-call0.02
Expiry19 Feb 2027
Contracts3
Avg IV0.61
Put-call-
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV0.52
Put IV0.64
Skew0.12
18 Sep 2026Incomplete skew
Call IV0.43
Put IV-
Skew-
20 Nov 2026Call IV premium
Call IV0.70
Put IV0.62
Skew-0.08
19 Feb 2027Incomplete skew
Call IV0.62
Put IV-
Skew-
Contract Tape
Most active contracts
ContractEBC261120P00017500
SidePut
Expiry20 Nov 2026
Strike17.50
Volume-
OI70
IV1.00
ContractEBC261120P00020000
SidePut
Expiry20 Nov 2026
Strike20.00
Volume-
OI2
IV0.72
ContractEBC261120P00005000
SidePut
Expiry20 Nov 2026
Strike5.00
Volume-
OI1
IV2.06
ContractEBC261120C00007500
SideCall
Expiry20 Nov 2026
Strike7.50
Volume-
OI-
IV0.00
ContractEBC260821C00010000
SideCall
Expiry21 Aug 2026
Strike10.00
Volume-
OI-
IV0.00
ContractEBC260821C00005000
SideCall
Expiry21 Aug 2026
Strike5.00
Volume-
OI-
IV0.00
ContractEBC260821C00007500
SideCall
Expiry21 Aug 2026
Strike7.50
Volume-
OI-
IV0.00
ContractEBC260821C00002500
SideCall
Expiry21 Aug 2026
Strike2.50
Volume653
OI-
IV0.00
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
No recent market-watch posts yet.
Earnings
Plain English Guide
Options context
What usually looks constructive
What usually looks cautious
Options can move quickly and can lose value fast. Treat this as research context, not a buy or sell instruction.