Ticker Options Intelligence

HST options intelligence

Host Hotels & Resorts Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 47 Market data through 31 Jul 2026 Checked 1 Aug 2026 16:39 · complete available chain

Put-side pressure

Bearish pressure

HST currently carries bearish options pressure with a 47/100 conviction score. The nearest-chain expected move is 8.8%, with volume/open-interest participation at 0.01.

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

Put-side pressure

Expected move 8.8%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 6.97

Put-side skew

Trend fit 30

Options are not fully confirming trend

Weekly backdrop +2.6%

RS 20.4

Expected move 8.8%
Put-call volume 6.97
Volume / OI 0.01
Reference IV 0.35
Max pain 24.28
Underlying 25.13
Nearest expiry 21 Aug 2026
Contracts 190

Research Brief

HST has a bearish chain read with 47/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 22.93–27.33; The largest call open-interest concentration is 25.28; the largest put concentration is 24.28. The most active strike by current volume is 25.28.

Priced range22.93–27.33
Call concentration25.28
Put concentration24.28
Max pain reference24.28
What would confirm it
  • Price remains weak while put-side concentration persists.
What would weaken it
  • Price recovers while put pressure fades or reverses toward calls.
  • 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

Size, not direction · through 21 Aug

Options imply 22.93 to 27.33. Max pain at 24.28 sits inside that range, 3.4% below spot.

Spot Max pain
22.9325.13 ± 2.2027.33
Confirmation level

A close beyond 27.33 or below 22.93 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 47/100

Evidence alignment, not probability

Pressure is 70/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure70 × 42%
+29.5

How strongly activity leans toward calls or puts.

Participation16 × 22%
+3.6

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

Trend agreement30 × 26%
+7.8

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

Volatility59 × 10%
+5.9

The intensity of implied volatility and the priced move.

Reconstructed score46.8Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 25.28; the largest put concentration is 24.28. The most active strike by current volume is 25.28. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
3
11.28-55.1%
0
10
12.28-51.1%
0
14
13.28-47.2%
0
9
14.28-43.2%
1
18
15.28-39.2%
0
5
17.28-31.2%
0
4
18.28-27.3%
0
3
19.28-23.3%
0
2
20.28-19.3%
1
1
21.28-15.3%
5
1650
22.28-11.3%
31
36
23.28-7.4%
3575
4300
24.28-3.4%
1188
16
25.280.6%
7056
10
26.284.6%
27
0
27.288.6%
28
0
29.2816.5%
2
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.15× front/back

Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.

0.35 21 Aug 21d
0.26 18 Sep 49d
0.26 16 Oct 77d
0.30 15 Jan 168d
0.30 21 Jan 539d

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.

20
21
22
23
24
25
26
27
28
29
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
190 / 190
  • 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

74/100
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 Bearish flow against rising price

Put-side pressure is building while price is rising, a cautionary divergence.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $24615 of estimated gross traded notional, puts · 91+ days · otm, and a bearish flow against rising price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-70
1W price+2.6%
Call premium12%
Put premium88%
Notional split C 12% / P 88% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.01 Volume divided by open interest across the visible chain.
Trend fit 30/100 Agreement between options pressure and Sharemaestro market context.
Event window 5 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 Puts · 91+ days · OTM
Puts · 91+ days · OTM puts cluster with 199 contracts traded, $21392 estimated gross traded notional, and 87% of visible notional.
$21392
Calls · 8-21 days · ATM calls cluster with 20 contracts traded, $1400 estimated gross traded notional, and 6% of visible notional.
$1400
Calls · 8-21 days · ITM calls cluster with 3 contracts traded, $790 estimated gross traded notional, and 3% of visible notional.
$790
Calls · 46-90 days · ITM calls cluster with 3 contracts traded, $572 estimated gross traded notional, and 2% of visible notional.
$572
Calls · 91+ days · OTM calls cluster with 1 contracts traded, $158 estimated gross traded notional, and 1% of visible notional.
$158

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

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
Close25.13
1W+2.6%
RS20.4
Fair value+48.8%
Options pressure-70
Speculation16
Volatility59
Trend fit30

Today Versus Normal

Stored-options context

View history
Expected move 8.8% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.35 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 6.97 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.01 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 10:21 Bullish
Pressure 21
Move 8.4%
30 Jul 10:15 Bullish
Pressure 76
Move 9.4%
31 Jul 10:07 Bearish
Pressure -85
Move 6.0%
1 Aug 05:47 Bearish
Pressure -70
Move 6.7%
1 Aug 15:39 Bearish
Pressure -70
Move 8.8%

Strike Map

Where activity is clustering

Full strike map
Strike11.28
Calls · V 0 · OI 0
Puts · V 1 · OI 3
Strike12.28
Calls · V 0 · OI 0
Puts · V 0 · OI 10
Strike13.28
Calls · V 0 · OI 0
Puts · V 0 · OI 14
Strike14.28
Calls · V 0 · OI 1
Puts · V 0 · OI 9
Strike15.28
Calls · V 0 · OI 0
Puts · V 0 · OI 18
Strike16.28
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike17.28
Calls · V 0 · OI 0
Puts · V 0 · OI 5
Strike18.28
Calls · V 0 · OI 0
Puts · V 0 · OI 4

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts50
Avg IV0.35
Put-call0.13
Expiry18 Sep 2026
Contracts36
Avg IV0.26
Put-call-
Expiry16 Oct 2026
Contracts42
Avg IV0.26
Put-call-
Expiry15 Jan 2027
Contracts36
Avg IV0.30
Put-call199.00
Expiry21 Jan 2028
Contracts26
Avg IV0.30
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.10
Put IV0.30
Skew0.20
18 Sep 2026Put IV premium
Call IV0.27
Put IV0.37
Skew0.10
16 Oct 2026Put IV premium
Call IV0.04
Put IV0.45
Skew0.41
15 Jan 2027Put IV premium
Call IV0.26
Put IV0.37
Skew0.11
21 Jan 2028Put IV premium
Call IV0.31
Put IV0.40
Skew0.09

Contract Tape

Most active contracts

Full contract tape
ContractHST270115P00022280
SidePut
Expiry15 Jan 2027
Strike22.28
Volume199
OI445
IV0.37
ContractHST260821C00025280
SideCall
Expiry21 Aug 2026
Strike25.28
Volume20
OI7056
IV0.31
ContractHST260821C00022280
SideCall
Expiry21 Aug 2026
Strike22.28
Volume2
OI31
IV0.62
ContractHST260918C00024000
SideCall
Expiry18 Sep 2026
Strike24.00
Volume2
OI1
IV0.35
ContractHST260821P00024280
SidePut
Expiry21 Aug 2026
Strike24.28
Volume1
OI4300
IV0.30
ContractHST260821C00024280
SideCall
Expiry21 Aug 2026
Strike24.28
Volume1
OI1188
IV0.33
ContractHST270115C00026130
SideCall
Expiry15 Jan 2027
Strike26.13
Volume1
OI280
IV0.27
ContractHST260821C00026280
SideCall
Expiry21 Aug 2026
Strike26.28
Volume1
OI27
IV0.10