Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
AVB options intelligence
AvalonBay Communities Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
36
Market data through 30 Jul 2026
Checked 31 Jul 2026 11:05 · complete available chain
Call-side pressure
Bullish pressure
AVB currently carries bullish options pressure with a 36/100 conviction score. The nearest-chain expected move is 4.4%, with volume/open-interest participation at 0.00.
Expected move
4.4%
Near-term move context
Activity / OI
0.00
Current volume is quieter versus prior open interest
Put-call
0.36
Call-side skew
Trend fit
44
Options are not fully confirming trend
Weekly backdrop
-2.1%
RS -5.1
Expected move
4.4%
Put-call volume
0.36
Volume / OI
0.00
Reference IV
0.22
Max pain
195.00
Underlying
189.61
Nearest expiry
21 Aug 2026
Contracts
192
Research Brief
AVB has a bullish chain read with 36/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 181.26–197.96; The largest call open-interest concentration is 200.00; the largest put concentration is 170.00. The most active strike by current volume is 190.00.
Priced range181.26–197.96
Call concentration200.00
Put concentration170.00
Max pain reference195.00
- Price holds or improves while call-side concentration remains elevated.
- Price weakens while call pressure fades or reverses toward puts.
- Options and the weekly trend are not yet giving the same message.
Priced Move
Where the chain says movement becomes exceptional
Options imply 181.26 to 197.96. Max pain at 195.00 sits inside that range, 2.8% above spot.
Spot
Max pain
181.26189.61 ± 8.35197.96
Confirmation level
A close beyond 197.96 or below 181.26 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 36/100
Pressure is 50/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure50 × 42%
+21.0
How strongly activity leans toward calls or puts.
Participation3 × 22%
+0.6
Volume relative to existing open interest and contract-level activity.
Trend agreement44 × 26%
+11.4
How closely the chain read agrees with the underlying trend backdrop.
Volatility33 × 10%
+3.3
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 200.00; the largest put concentration is 170.00. The most active strike by current volume is 190.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
130.00-31.4%
0
0
135.00-28.8%
0
0
140.00-26.2%
0
2
145.00-23.5%
0
1
150.00-20.9%
0
0
155.00-18.3%
0
6
160.00-15.6%
0
6
165.00-13.0%
0
249
170.00-10.3%
0
14
175.00-7.7%
1
25
180.00-5.1%
2
48
185.00-2.4%
6
107
190.000.2%
105
15
195.002.8%
145
225
200.005.5%
1502
0
210.0010.8%
11
0
220.0016.0%
1
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Balanced volatility curve
Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.
0.22
21 Aug
22d
0.21
18 Sep
50d
0.21
16 Oct
78d
0.20
15 Jan
169d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
155
160
165
170
175
180
185
190
195
200
210
220
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
- 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
Usable with limits
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 30 Jul 2026
- Calculation
- v2.0
- Contracts
- 192 / 192
- 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
Multi-expiry position-maintenance candidate
Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.
Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.
Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $4045 of estimated gross traded notional, calls · 8-21 days · atm, 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+50
1W price-2.1%
Call premium71%
Put premium29%
Notional split
C 71% / P 29%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.00
Volume divided by open interest across the visible chain.
Trend fit
44/100
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.
Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.
Calls · 8-21 days · ATM
calls cluster with 5 contracts traded, $1650 estimated gross traded notional, and 41% of visible notional.
$1650
Calls · 8-21 days · OTM
calls cluster with 5 contracts traded, $1025 estimated gross traded notional, and 25% of visible notional.
$1025
Puts · 8-21 days · ATM
puts cluster with 3 contracts traded, $985 estimated gross traded notional, and 24% of visible notional.
$985
Calls · 46-90 days · OTM
calls cluster with 1 contracts traded, $210 estimated gross traded notional, and 5% of visible notional.
$210
Puts · 8-21 days · OTM
puts cluster with 1 contracts traded, $175 estimated gross traded notional, and 4% of visible notional.
$175
Setup Classification
Opportunity and risk frame
The signal is live, but the strongest framework tags are still developing.
Activity Anomaly
Warming up
2 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 2 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close185.61
1W-2.1%
RS-5.1
Fair value+0.2%
Options pressure50
Speculation3
Volatility33
Trend fit44
Today Versus Normal
Stored-options context
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:15
Bullish
Pressure 28
Move 4.7%
30 Jul 10:11
Bullish
Pressure 50
Move 4.4%
31 Jul 10:05
Bullish
Pressure 50
Move 4.4%
Strike Map
Where activity is clustering
Strike130.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike135.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike140.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike145.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike150.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike155.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike160.00
Calls · V 0 · OI 0
Puts · V 0 · OI 6
Strike165.00
Calls · V 0 · OI 0
Puts · V 0 · OI 6
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts46
Avg IV0.22
Put-call0.40
Expiry18 Sep 2026
Contracts46
Avg IV0.21
Put-call-
Expiry16 Oct 2026
Contracts46
Avg IV0.21
Put-call-
Expiry15 Jan 2027
Contracts54
Avg IV0.20
Put-call-
Skew
Call/put IV balance
21 Aug 2026Balanced skew
Call IV0.25
Put IV0.27
Skew0.02
18 Sep 2026Balanced skew
Call IV0.22
Put IV0.21
Skew-0.01
16 Oct 2026Put IV premium
Call IV0.18
Put IV0.25
Skew0.07
15 Jan 2027Put IV premium
Call IV0.17
Put IV0.24
Skew0.07
Contract Tape
Most active contracts
ContractAVB260821C00195000
SideCall
Expiry21 Aug 2026
Strike195.00
Volume5
OI145
IV0.25
ContractAVB260821C00190000
SideCall
Expiry21 Aug 2026
Strike190.00
Volume5
OI105
IV0.22
ContractAVB260821P00185000
SidePut
Expiry21 Aug 2026
Strike185.00
Volume2
OI48
IV0.21
ContractAVB260821P00190000
SidePut
Expiry21 Aug 2026
Strike190.00
Volume1
OI107
IV0.22
ContractAVB260821P00180000
SidePut
Expiry21 Aug 2026
Strike180.00
Volume1
OI25
IV0.27
ContractAVB260918C00200000
SideCall
Expiry18 Sep 2026
Strike200.00
Volume1
OI3
IV0.22
ContractAVB260821C00200000
SideCall
Expiry21 Aug 2026
Strike200.00
Volume-
OI1502
IV0.10
ContractAVB260821P00170000
SidePut
Expiry21 Aug 2026
Strike170.00
Volume-
OI249
IV0.16
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.