Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
NEE options intelligence
Nextera Energy Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
33
Market data through 29 Jul 2026
Checked 30 Jul 2026 11:00 · complete available chain
Call-side pressure
Bullish pressure
NEE currently carries bullish options pressure with a 33/100 conviction score. The nearest-chain expected move is 2.4%, with volume/open-interest participation at 0.03.
Expected move
2.4%
Near-term move context
Activity / OI
0.03
Current volume is quieter versus prior open interest
Put-call
0.60
Call-side skew
Trend fit
36
Options are not fully confirming trend
Weekly backdrop
+1.1%
RS -0.9
Expected move
2.4%
Put-call volume
0.60
Volume / OI
0.03
Reference IV
0.29
Max pain
89.00
Underlying
89.78
Nearest expiry
31 Jul 2026
Contracts
850
Research Brief
NEE has a bullish chain read with 33/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 87.67–91.89; The largest call open-interest concentration is 95.00; the largest put concentration is 87.00. The most active strike by current volume is 91.00.
Priced range87.67–91.89
Call concentration95.00
Put concentration87.00
Max pain reference89.00
- 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.
- 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 87.67 to 91.89. Max pain at 89.00 sits inside that range, 0.9% below spot.
Spot
Max pain
87.6789.78 ± 2.1191.89
Confirmation level
A close beyond 91.89 or below 87.67 at the 31 Jul 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 33/100
Pressure is 28/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure28 × 42%
+11.9
How strongly activity leans toward calls or puts.
Participation41 × 22%
+8.9
Volume relative to existing open interest and contract-level activity.
Trend agreement36 × 26%
+9.3
How closely the chain read agrees with the underlying trend backdrop.
Volatility29 × 10%
+2.9
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 95.00; the largest put concentration is 87.00. The most active strike by current volume is 91.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
101
55.00-38.7%
0
271
81.00-9.8%
0
156
83.00-7.6%
10
438
84.00-6.4%
2
303
85.00-5.3%
27
907
86.00-4.2%
56
2475
87.00-3.1%
76
490
88.00-2.0%
291
891
89.00-0.9%
925
419
90.000.2%
1635
324
91.001.4%
765
66
92.002.5%
739
2
93.003.6%
674
1
94.004.7%
225
0
95.005.8%
2291
2
96.006.9%
1450
0
98.009.2%
1401
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Front-loaded volatility
Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.
0.29
31 Jul
1d
0.25
7 Aug
8d
0.23
14 Aug
15d
0.23
21 Aug
22d
0.24
28 Aug
29d
0.24
4 Sep
36d
0.22
18 Sep
50d
0.25
18 Dec
141d
Volatility by Strike
Balanced wings
Comparable upside calls and downside puts carry broadly similar implied volatility.
73
75
76
77
79
81
82
83
85
87
88
89
91
93
94
95
97
99
100
101
105
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
No independently verifiable option-expiry outcomes have matured yet. Legacy snapshots without a point-in-time market reference and repeated same-session snapshots are deliberately excluded.
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
- 29 Jul 2026
- Calculation
- v1.x legacy
- Contracts
- 850 / 850
- 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 pressure and weekly price action are pointing in the same constructive direction.
Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $6.0M of estimated gross traded notional, calls · 91+ days · itm, and a bullish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+28
1W price+1.1%
Call premium78%
Put premium22%
Notional split
C 78% / P 22%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.03
Volume divided by open interest across the visible chain.
Trend fit
36/100
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 · 91+ days · ITM
calls cluster with 900 contracts traded, $3.8M estimated gross traded notional, and 63% of visible notional.
$3.8M
Calls · 91+ days · OTM
calls cluster with 3410 contracts traded, $521276 estimated gross traded notional, and 9% of visible notional.
$521276
Puts · 91+ days · OTM
puts cluster with 1521 contracts traded, $469189 estimated gross traded notional, and 8% of visible notional.
$469189
Puts · 22-45 days · ATM
puts cluster with 733 contracts traded, $189264 estimated gross traded notional, and 3% of visible notional.
$189264
Puts · 91+ days · ITM
puts cluster with 182 contracts traded, $178925 estimated gross traded notional, and 3% of visible notional.
$178925
Setup Classification
Opportunity and risk frame
Underlying price is close to the max-pain zone.
Call pressure is building while the stock sits above Sharemaestro fair value.
Activity Anomaly
Warming up
1 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 1 completed session
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close89.78
1W+1.1%
RS-0.9
Fair value+25.4%
Options pressure28
Speculation41
Volatility29
Trend fit36
Today Versus Normal
Stored-options context
30d avg - · 1/10 sessions
-
90d avg - · 1/30 sessions
-
180d avg - · 1/60 sessions
-
30d avg - · 1/10 sessions
-
90d avg - · 1/30 sessions
-
180d avg - · 1/60 sessions
-
30d avg - · 1/10 sessions
-
90d avg - · 1/30 sessions
-
180d avg - · 1/60 sessions
-
30d avg - · 1/10 sessions
-
90d avg - · 1/30 sessions
-
180d avg - · 1/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:00
Mixed
Pressure 9
Move 2.3%
30 Jul 10:00
Bullish
Pressure 28
Move 2.4%
Strike Map
Where activity is clustering
Strike50.00
Calls · V 2 · OI 0
Puts · V 0 · OI 0
Strike55.00
Calls · V 8 · OI 0
Puts · V 1 · OI 101
Strike60.00
Calls · V 6 · OI 0
Puts · V 0 · OI 0
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike70.00
Calls · V 0 · OI 0
Puts · V 0 · OI 3
Strike73.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike74.00
Calls · V 0 · OI 1
Puts · V 0 · OI 3
Strike75.00
Calls · V 0 · OI 5
Puts · V 0 · OI 12
Term Structure
Expiration activity
Expiry31 Jul 2026
Contracts74
Avg IV0.29
Put-call0.43
Expiry7 Aug 2026
Contracts70
Avg IV0.25
Put-call0.84
Expiry14 Aug 2026
Contracts70
Avg IV0.23
Put-call0.27
Expiry21 Aug 2026
Contracts82
Avg IV0.23
Put-call0.28
Expiry28 Aug 2026
Contracts70
Avg IV0.24
Put-call11.70
Skew
Call/put IV balance
31 Jul 2026Balanced skew
Call IV0.33
Put IV0.30
Skew-0.03
7 Aug 2026Balanced skew
Call IV0.26
Put IV0.26
Skew-
14 Aug 2026Balanced skew
Call IV0.25
Put IV0.25
Skew-
21 Aug 2026Balanced skew
Call IV0.23
Put IV0.25
Skew0.02
28 Aug 2026Balanced skew
Call IV0.23
Put IV0.25
Skew0.02
Contract Tape
Most active contracts
ContractNEE280121C00140000
SideCall
Expiry21 Jan 2028
Strike140.00
Volume2202
OI358
IV0.26
ContractNEE270115P00080000
SidePut
Expiry15 Jan 2027
Strike80.00
Volume1159
OI6557
IV0.27
ContractNEE270115C00040000
SideCall
Expiry15 Jan 2027
Strike40.00
Volume736
OI26093
IV0.01
ContractNEE270115C00125000
SideCall
Expiry15 Jan 2027
Strike125.00
Volume631
OI8657
IV0.27
ContractNEE260918C00097500
SideCall
Expiry18 Sep 2026
Strike97.50
Volume482
OI14363
IV0.22
ContractNEE260828P00088000
SidePut
Expiry28 Aug 2026
Strike88.00
Volume459
OI32
IV0.25
ContractNEE260918P00087500
SidePut
Expiry18 Sep 2026
Strike87.50
Volume419
OI4346
IV0.24
ContractNEE260821C00094000
SideCall
Expiry21 Aug 2026
Strike94.00
Volume337
OI186
IV0.23
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.