Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
AVBC options intelligence
Avidia Bancorp, Inc. options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
52
Market data through 12 Aug 2026
Checked 12 Aug 2026 21:50 · complete available chain
Call-side pressure
Bullish pressure
AVBC currently carries bullish options pressure with a 52/100 conviction score. The nearest-chain expected move is 3.7%, with volume/open-interest participation at 0.33.
Expected move
3.7%
Near-term move context
Activity / OI
0.33
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
-3.6%
RS 7.2
Expected move
3.7%
Put-call volume
0.00
Volume / OI
0.33
Reference IV
0.65
Max pain
20.00
Underlying
21.50
Nearest expiry
21 Aug 2026
Contracts
7
Research Brief
AVBC has a bullish chain read with 52/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 20.70–22.30; The largest call open-interest concentration is 22.50; the largest put concentration is 20.00. The most active strike by current volume is 22.50.
Priced range20.70–22.30
Call concentration22.50
Put concentration20.00
Max pain reference20.00
- Price holds or improves while call-side concentration remains elevated.
- Participation is above the ticker's stored normal, which makes the read more noteworthy.
- Price weakens while call pressure fades or reverses toward puts.
- Options and the weekly trend are not yet giving the same message.
- Front-expiry volatility is rich, so the signal may be event-driven and vulnerable to volatility compression.
Priced Move
Where the chain says movement becomes exceptional
Options imply 20.70 to 22.30. Max pain at 20.00 lies outside the priced range, so it is a weak near-term anchor.
Spot
Max pain
20.7021.50 ± 0.8022.30
Confirmation level
A close beyond 22.30 or below 20.70 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 52/100
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.
Participation16 × 22%
+3.5
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.
Volatility61 × 10%
+6.1
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
The largest call open-interest concentration is 22.50; the largest put concentration is 20.00. The most active strike by current volume is 22.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
20.00-7.0%
5
0
22.504.7%
827
0
25.0016.3%
5
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Gamma Profile by Strike
Positive gamma proxy
Call-side gamma sensitivity outweighs the put-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.
Net profile+$112,078Delta change / 1% move
Positive peak22.50+$102,031
Negative peak17.50-$22
Nearest balance17.76Interpolated sign change
StrikeNegativePositiveNet / 1% move
17.50-18.6%
-$22
20.00-7.0%
+$186
22.504.7%
+$102,031
25.0016.3%
+$9,882
Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike
Scenario proxy = gamma × open interest × 100 shares × spot² × 1%. Calls are positive and puts negative by convention. Missing Greeks use a Black-Scholes estimate from stored IV with zero rate and dividend assumptions. Open interest does not reveal who is long or short, so this is not observed dealer positioning or a forecast.
Volatility Curve
Front-loaded volatility
Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.
0.65
21 Aug
9d
0.30
18 Sep
37d
0.33
19 Feb
191d
Volatility by Strike
Smile incomplete
There is not enough comparable OTM call and put volatility to classify the smile.
20
23
25
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
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
- Auditable calculationoriginal version retained
- Independent entryone read per market session
- Point-in-time referencerequired at entry
- Matched expiry closereported only after maturity
Eligible snapshots must have a dated market session, stored signal, and point-in-time market reference. Each observation uses one read per market session and the first stored weekly close on or immediately after expiry; its original calculation version is retained. It is an evidence audit, not an executable strategy or evidence of future performance.
Evidence Quality
Usable with limits
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 12 Aug 2026
- Calculation
- v2.0
- Contracts
- 7 / 7
- 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
Short-dated OTM call concentration
Call activity is concentrated in upside and shorter-dated contracts; trade direction remains unconfirmed without aggressor data.
Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.
Short-dated OTM call concentration matters because it connects the options headline to the actual evidence: $21,280 of estimated gross traded notional, calls · 91+ days · otm, and a bullish flow against weak 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-3.6%
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
0.33
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 · 91+ days · OTM
calls cluster with 178 contracts traded, $15,130 estimated gross traded notional, and 71% of visible notional.
$15,130
Calls · 8-21 days · OTM
calls cluster with 198 contracts traded, $3,965 estimated gross traded notional, and 19% of visible notional.
$3,965
Calls · 22-45 days · OTM
calls cluster with 20 contracts traded, $1,150 estimated gross traded notional, and 5% of visible notional.
$1,150
Calls · 8-21 days · ITM
calls cluster with 5 contracts traded, $975 estimated gross traded notional, and 5% of visible notional.
$975
Puts · 8-21 days · ITM
puts cluster with 1 contracts traded, $60 estimated gross traded notional, and 0% of visible notional.
$60
Setup Classification
Opportunity and risk frame
The tape is pricing or displaying unusually elevated activity.
Options positioning is not confirming the underlying trend context.
Call pressure is building while the stock sits above Sharemaestro fair value.
Activity Anomaly
High anomaly
Current options activity is unusually hot versus this ticker's stored history.
Baseline: 11 completed sessions
Volume rank82th
Volume/OI rank82th
IV rank100th
Market Context
Underlying confirmation
Close21.50
1W-3.6%
RS7.2
Fair value+20.7%
Options pressure100
Speculation16
Volatility61
Trend fit0
Today Versus Normal
Stored-options context
30d avg 6.3% · 11 sessions
0th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
30d avg 0.37 · 11 sessions
100th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
30d avg 0.00 · 11 sessions
82th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
30d avg 1.54 · 11 sessions
82th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 11:35
Bullish
Pressure 100
Move 6.8%
29 Jul 23:02
Bullish
Pressure 100
Move 6.9%
31 Jul 02:03
Bullish
Pressure 100
Move 6.0%
1 Aug 03:26
Bullish
Pressure 100
Move 5.9%
2 Aug 12:00
Bullish
Pressure 100
Move 5.7%
4 Aug 10:30
Bullish
Pressure 100
Move 6.8%
4 Aug 23:46
Bullish
Pressure 100
Move 7.1%
5 Aug 07:44
Bullish
Pressure 100
Move 7.1%
Strike Map
Where activity is clustering
Strike20.00
Calls · V 5 · OI 5
Puts · V 0 · OI 0
Strike22.50
Calls · V 197 · OI 827
Puts · V 1 · OI 0
Strike25.00
Calls · V 1 · OI 5
Puts · V 0 · OI 0
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts4
Avg IV0.65
Put-call0.00
Expiry18 Sep 2026
Contracts1
Avg IV0.30
Put-call-
Expiry19 Feb 2027
Contracts2
Avg IV0.33
Put-call-
Skew
Call/put IV balance
21 Aug 2026Incomplete skew
Call IV0.31
Put IV-
Skew-
18 Sep 2026Incomplete skew
Call IV0.30
Put IV-
Skew-
19 Feb 2027Balanced skew
Call IV0.31
Put IV0.36
Skew0.04
Contract Tape
Most active contracts
ContractAVBC270219P00017500
SidePut
Expiry19 Feb 2027
Strike17.50
Volume-
OI1
IV0.36
ContractAVBC260821C00022500
SideCall
Expiry21 Aug 2026
Strike22.50
Volume197
OI827
IV0.31
ContractAVBC270219C00025000
SideCall
Expiry19 Feb 2027
Strike25.00
Volume178
OI300
IV0.31
ContractAVBC260918C00022500
SideCall
Expiry18 Sep 2026
Strike22.50
Volume20
OI70
IV0.30
ContractAVBC260821C00020000
SideCall
Expiry21 Aug 2026
Strike20.00
Volume5
OI5
IV1.32
ContractAVBC260821C00025000
SideCall
Expiry21 Aug 2026
Strike25.00
Volume1
OI5
IV0.60
ContractAVBC260821P00022500
SidePut
Expiry21 Aug 2026
Strike22.50
Volume1
OI-
IV0.37
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
No upcoming matched earnings event.
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.