Ticker Options Intelligence

WAL options intelligence

Western Alliance Bancorporation options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 33 Market data through 29 Jul 2026 Checked 30 Jul 2026 00:19 · complete available chain

Options-market disagreement

Mixed pressure

WAL currently carries mixed options pressure with a 33/100 conviction score. The nearest-chain expected move is 6.9%, with volume/open-interest participation at 0.18.

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

Options-market disagreement

Expected move 6.9%

Wider near-term move priced

Activity / OI 0.18

Current volume is quieter versus prior open interest

Put-call 0.99

Balanced tape

Trend fit 56

Options are not fully confirming trend

Weekly backdrop +1.0%

RS -5.4

Expected move 6.9%
Put-call volume 0.99
Volume / OI 0.18
Reference IV 0.40
Max pain 80.00
Underlying 83.11
Nearest expiry 21 Aug 2026
Contracts 261

Options Intent Radar

Multi-expiry position-maintenance candidate

64/100
Primary intent Multi-expiry position-maintenance candidate

Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.

Flow vs price divergence No clean flow/price divergence

The options read is mixed, so divergence is not strong enough to classify.

Why this matters

Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $1.3M of estimated gross traded notional, calls · 91+ days · otm, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+7
1W price+1.0%
Call premium65%
Put premium35%
Notional split C 65% / P 35% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.18 Volume divided by open interest across the visible chain.
Trend fit 56/100 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.
Conviction clusters Calls · 91+ days · OTM
Calls · 91+ days · OTM calls cluster with 665 contracts traded, $389694 estimated gross traded notional, and 30% of visible notional.
$389694
Calls · 91+ days · ITM calls cluster with 128 contracts traded, $281654 estimated gross traded notional, and 22% of visible notional.
$281654
Puts · 91+ days · OTM puts cluster with 545 contracts traded, $164842 estimated gross traded notional, and 13% of visible notional.
$164842
Calls · 46-90 days · ITM calls cluster with 91 contracts traded, $119420 estimated gross traded notional, and 9% of visible notional.
$119420
Puts · 46-90 days · ITM puts cluster with 102 contracts traded, $101840 estimated gross traded notional, and 8% of visible notional.
$101840

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.

Activity Anomaly

High anomaly

100

Current options activity is unusually hot versus this ticker's stored history.

Volume rank100th
Volume/OI rank100th
IV rank100th

Market Context

Underlying confirmation

Sharemaestro weekly
Close83.11
1W+1.0%
RS-5.4
Fair value+16.0%
Options pressure7
Speculation44
Volatility55
Trend fit56

Today Versus Normal

Stored-options context

View history
Expected move 6.9% muted
30d avg 7.0% · 1 read 0th
90d avg 7.0% · 1 read 0th
180d avg 7.0% · 1 read 0th
IV 0.40 elevated
30d avg 0.34 · 1 read 100th
90d avg 0.34 · 1 read 100th
180d avg 0.34 · 1 read 100th
Put-call 0.99 muted
30d avg 1.62 · 1 read 0th
90d avg 1.62 · 1 read 0th
180d avg 1.62 · 1 read 0th
Volume/OI 0.18 elevated
30d avg 0.01 · 1 read 100th
90d avg 0.01 · 1 read 100th
180d avg 0.01 · 1 read 100th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:30 Mixed
Pressure -17
Move 7.0%
29 Jul 23:19 Mixed
Pressure 7
Move 6.9%

Strike Map

Where activity is clustering

Full strike map
Strike55.00
Calls · V 0 · OI 0
Puts · V 62 · OI 80
Strike60.00
Calls · V 0 · OI 1
Puts · V 0 · OI 115
Strike65.00
Calls · V 0 · OI 0
Puts · V 2 · OI 35
Strike70.00
Calls · V 0 · OI 0
Puts · V 1 · OI 83
Strike72.50
Calls · V 0 · OI 4
Puts · V 16 · OI 477
Strike75.00
Calls · V 0 · OI 1
Puts · V 3 · OI 16
Strike77.50
Calls · V 0 · OI 0
Puts · V 1 · OI 47
Strike80.00
Calls · V 1 · OI 40
Puts · V 25 · OI 85

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts22
Avg IV0.40
Put-call9.63
Expiry18 Sep 2026
Contracts45
Avg IV0.38
Put-call1.06
Expiry20 Nov 2026
Contracts22
Avg IV0.40
Put-call0.66
Expiry18 Dec 2026
Contracts26
Avg IV0.39
Put-call0.78
Expiry15 Jan 2027
Contracts62
Avg IV0.43
Put-call1.39

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.40
Put IV0.39
Skew0.00
18 Sep 2026Balanced skew
Call IV0.38
Put IV0.37
Skew-0.02
20 Nov 2026Balanced skew
Call IV0.40
Put IV0.38
Skew-0.02
18 Dec 2026Balanced skew
Call IV0.39
Put IV0.37
Skew-0.02
15 Jan 2027Call IV premium
Call IV0.45
Put IV0.37
Skew-0.08

Contract Tape

Most active contracts

Full contract tape
ContractWAL260821P00060000
SidePut
Expiry21 Aug 2026
Strike60.00
Volume-
OI115
IV0.70
ContractWAL261120C00080000
SideCall
Expiry20 Nov 2026
Strike80.00
Volume-
OI25
IV0.43
ContractWAL261218C00105000
SideCall
Expiry18 Dec 2026
Strike105.00
Volume-
OI20
IV0.41
ContractWAL280121P00100000
SidePut
Expiry21 Jan 2028
Strike100.00
Volume-
OI20
IV0.33
ContractWAL270115P00042500
SidePut
Expiry15 Jan 2027
Strike42.50
Volume-
OI12
IV0.93
ContractWAL271217P00065000
SidePut
Expiry17 Dec 2027
Strike65.00
Volume-
OI10
IV0.43
ContractWAL261218P00090000
SidePut
Expiry18 Dec 2026
Strike90.00
Volume-
OI9
IV0.48
ContractWAL271217C00092500
SideCall
Expiry17 Dec 2027
Strike92.50
Volume-
OI6
IV0.49