Ticker Options Intelligence

WDS options intelligence

Woodside Energy Group Ltd options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 48 Market data through 5 Aug 2026 Checked 5 Aug 2026 18:42 · complete available chain

Volatility expansion watch

Volatility pressure

WDS currently carries volatility options pressure with a 48/100 conviction score. The nearest-chain expected move is 14.4%, with volume/open-interest participation at 0.05.

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

Volatility expansion watch

Expected move 14.4%

Wider near-term move priced

Activity / OI 0.05

Current volume is quieter versus prior open interest

Put-call 1.76

Put-side skew

Trend fit 84

Options agree with trend context

Weekly backdrop +4.0%

RS 15.5

Expected move 14.4%
Put-call volume 1.76
Volume / OI 0.05
Reference IV 1.18
Max pain 20.00
Underlying 23.46
Nearest expiry 21 Aug 2026
Contracts 63

Research Brief

WDS has a volatility chain read with 48/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 20.08–26.84; The largest call open-interest concentration is 25.00; the largest put concentration is 20.00. The most active strike by current volume is 17.50.

Priced range20.08–26.84
Call concentration25.00
Put concentration20.00
Max pain reference20.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • 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 20.08 to 26.84. Max pain at 20.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
20.0823.46 ± 3.3826.84
Confirmation level

A close beyond 26.84 or below 20.08 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 48/100

Evidence alignment, not probability

Pressure is 18/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure18 × 42%
+7.7

How strongly activity leans toward calls or puts.

Participation41 × 22%
+9.0

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

Trend agreement84 × 26%
+21.9

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

Volatility96 × 10%
+9.6

The intensity of implied volatility and the priced move.

Reconstructed score48.2Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 25.00; the largest put concentration is 20.00. The most active strike by current volume is 17.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
12.50-46.7%
0
1
15.00-36.1%
0
13
17.50-25.4%
1
116
20.00-14.7%
485
0
22.50-4.1%
107
0
25.006.6%
1528
0
30.0027.9%
1
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Positive gamma proxy

Model-estimated Greeks · 100% coverage

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+$309,626Delta change / 1% move
Positive peak25.00+$192,064
Negative peak17.50-$1,861
Nearest balance17.79Interpolated sign change
StrikeNegativePositiveNet / 1% move
5.00-78.7%
+$18
7.50-68.0%
+$4
10.00-57.4%
+$8
12.50-46.7%
-$58
15.00-36.1%
-$22
17.50-25.4%
-$1,861
20.00-14.7%
+$14,030
22.50-4.1%
+$41,573
25.006.6%
+$192,064
30.0027.9%
+$61,958
35.0049.2%
+$1,911
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

1.87× front/back

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

1.18 21 Aug 16d
0.73 18 Sep 44d
0.74 16 Oct 72d
0.53 18 Dec 135d
0.63 15 Jan 163d

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
23
25
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 matured · 0 directional

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

High

A96/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
5 Aug 2026
Calculation
v2.0
Contracts
63 / 63
  • 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

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: $320,534 of estimated gross traded notional, puts · 91+ 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-18
1W price+4.0%
Call premium22%
Put premium78%
Notional split C 22% / P 78% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.05 Volume divided by open interest across the visible chain.
Trend fit 84/100 Agreement between options pressure and Sharemaestro market context.
Event window 25 Aug Matched earnings event is 19 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 · ITM
Puts · 91+ days · ITM puts cluster with 256 contracts traded, $206,340 estimated gross traded notional, and 64% of visible notional.
$206,340
Calls · 91+ days · ITM calls cluster with 84 contracts traded, $43,750 estimated gross traded notional, and 14% of visible notional.
$43,750
Puts · 46-90 days · ITM puts cluster with 44 contracts traded, $35,480 estimated gross traded notional, and 11% of visible notional.
$35,480
Calls · 8-21 days · ITM calls cluster with 42 contracts traded, $13,608 estimated gross traded notional, and 4% of visible notional.
$13,608
Calls · 46-90 days · ITM calls cluster with 33 contracts traded, $11,172 estimated gross traded notional, and 3% of visible notional.
$11,172

Setup Classification

Opportunity and risk frame

Context, not advice
Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

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.

Activity Anomaly

Warming up

-

6 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.

Baseline: 6 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close23.46
1W+4.0%
RS15.5
Fair value+39.2%
Options pressure-18
Speculation41
Volatility96
Trend fit84

Today Versus Normal

Stored-options context

View history
Expected move 14.4% history building
30d avg - · 6/10 sessions -
90d avg - · 6/30 sessions -
180d avg - · 6/60 sessions -
IV 1.18 history building
30d avg - · 6/10 sessions -
90d avg - · 6/30 sessions -
180d avg - · 6/60 sessions -
Put-call 1.76 history building
30d avg - · 6/10 sessions -
90d avg - · 6/30 sessions -
180d avg - · 6/60 sessions -
Volume/OI 0.05 history building
30d avg - · 6/10 sessions -
90d avg - · 6/30 sessions -
180d avg - · 6/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:11 Bullish
Pressure 100
Move 6.5%
30 Jul 10:06 Bullish
Pressure 77
Move 9.4%
30 Jul 15:07 Volatility
Pressure -3
Move 13.7%
30 Jul 15:38 Mixed
Pressure 0
Move 13.5%
30 Jul 19:55 Mixed
Pressure 3
Move 13.5%
31 Jul 03:29 Bullish
Pressure 100
Move 6.7%
31 Jul 14:48 Mixed
Pressure 2
Move 14.4%
4 Aug 00:10 Volatility
Pressure -5
Move 14.6%

Strike Map

Where activity is clustering

Full strike map
Strike12.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike15.00
Calls · V 0 · OI 0
Puts · V 2 · OI 1
Strike17.50
Calls · V 20 · OI 1
Puts · V 1 · OI 13
Strike20.00
Calls · V 5 · OI 485
Puts · V 2 · OI 116
Strike22.50
Calls · V 17 · OI 107
Puts · V 0 · OI 0
Strike25.00
Calls · V 15 · OI 1528
Puts · V 0 · OI 0
Strike30.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts10
Avg IV1.18
Put-call0.09
Expiry18 Sep 2026
Contracts6
Avg IV0.73
Put-call0.67
Expiry16 Oct 2026
Contracts20
Avg IV0.74
Put-call1.41
Expiry18 Dec 2026
Contracts12
Avg IV0.53
Put-call4.02
Expiry15 Jan 2027
Contracts15
Avg IV0.63
Put-call1.07

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.53
Put IV1.22
Skew0.69
18 Sep 2026Put IV premium
Call IV0.46
Put IV0.58
Skew0.12
16 Oct 2026Put IV premium
Call IV0.50
Put IV0.99
Skew0.49
18 Dec 2026Call IV premium
Call IV0.48
Put IV0.00
Skew-0.48
15 Jan 2027Put IV premium
Call IV0.50
Put IV0.71
Skew0.21

Contract Tape

Most active contracts

Full contract tape
ContractWDS270115C00015000
SideCall
Expiry15 Jan 2027
Strike15.00
Volume-
OI50
IV0.67
ContractWDS260918P00012500
SidePut
Expiry18 Sep 2026
Strike12.50
Volume-
OI21
IV1.00
ContractWDS260918P00017500
SidePut
Expiry18 Sep 2026
Strike17.50
Volume-
OI3
IV0.58
ContractWDS261016C00007500
SideCall
Expiry16 Oct 2026
Strike7.50
Volume-
OI3
IV1.80
ContractWDS261218P00035000
SidePut
Expiry18 Dec 2026
Strike35.00
Volume-
OI2
IV1.01
ContractWDS260918C00020000
SideCall
Expiry18 Sep 2026
Strike20.00
Volume-
OI2
IV1.21
ContractWDS261218C00012500
SideCall
Expiry18 Dec 2026
Strike12.50
Volume-
OI1
IV0.93
ContractWDS260821C00030000
SideCall
Expiry21 Aug 2026
Strike30.00
Volume-
OI1
IV1.81

Research Graph

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