Ticker Options Intelligence

ONC options intelligence

BeiGene, Ltd. options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 41 Market data through 29 Jul 2026 Checked 29 Jul 2026 22:57 · complete available chain

Options-market disagreement

Mixed pressure

ONC currently carries mixed options pressure with a 41/100 conviction score. The nearest-chain expected move is 15.3%, with volume/open-interest participation at 0.14.

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

Options-market disagreement

Expected move 15.3%

Wider near-term move priced

Activity / OI 0.14

Current volume is quieter versus prior open interest

Put-call 1.35

Put-side skew

Trend fit 72

Options agree with trend context

Weekly backdrop +4.4%

RS -5.5

Expected move 15.3%
Put-call volume 1.35
Volume / OI 0.14
Reference IV 0.58
Max pain 300.00
Underlying 325.90
Nearest expiry 21 Aug 2026
Contracts 100

Options Intent Radar

Earnings/event positioning

78/100
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 No clean flow/price divergence

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

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $443154 of estimated gross traded notional, calls · 91+ days · itm, 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-10
1W price+4.4%
Call premium82%
Put premium18%
Notional split C 82% / P 18% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.14 Volume divided by open interest across the visible chain.
Trend fit 72/100 Agreement between options pressure and Sharemaestro market context.
Event window 5 Aug Matched earnings event is 7 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 Calls · 91+ days · ITM
Calls · 91+ days · ITM calls cluster with 34 contracts traded, $198005 estimated gross traded notional, and 45% of visible notional.
$198005
Calls · 22-45 days · ITM calls cluster with 12 contracts traded, $102335 estimated gross traded notional, and 23% of visible notional.
$102335
Puts · 91+ days · OTM puts cluster with 84 contracts traded, $41712 estimated gross traded notional, and 9% of visible notional.
$41712
Calls · 91+ days · OTM calls cluster with 29 contracts traded, $34185 estimated gross traded notional, and 8% of visible notional.
$34185
Puts · 22-45 days · ITM puts cluster with 2 contracts traded, $15525 estimated gross traded notional, and 4% of visible notional.
$15525

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

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
Close325.90
1W+4.4%
RS-5.5
Fair value+38.2%
Options pressure-10
Speculation43
Volatility81
Trend fit72

Today Versus Normal

Stored-options context

View history
Expected move 15.3% elevated
30d avg 9.7% · 1 read 100th
90d avg 9.7% · 1 read 100th
180d avg 9.7% · 1 read 100th
IV 0.58 elevated
30d avg 0.46 · 1 read 100th
90d avg 0.46 · 1 read 100th
180d avg 0.46 · 1 read 100th
Put-call 1.35 muted
30d avg 2.00 · 1 read 0th
90d avg 2.00 · 1 read 0th
180d avg 2.00 · 1 read 0th
Volume/OI 0.14 elevated
30d avg 0.00 · 1 read 100th
90d avg 0.00 · 1 read 100th
180d avg 0.00 · 1 read 100th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:14 Bearish
Pressure -30
Move 9.7%
29 Jul 21:57 Mixed
Pressure -10
Move 15.3%

Strike Map

Where activity is clustering

Full strike map
Strike185.00
Calls · V 0 · OI 0
Puts · V 8 · OI 0
Strike195.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike200.00
Calls · V 4 · OI 3
Puts · V 40 · OI 0
Strike210.00
Calls · V 1 · OI 3
Puts · V 7 · OI 0
Strike220.00
Calls · V 1 · OI 2
Puts · V 1 · OI 17
Strike230.00
Calls · V 0 · OI 0
Puts · V 1 · OI 46
Strike240.00
Calls · V 0 · OI 0
Puts · V 1 · OI 13
Strike250.00
Calls · V 1 · OI 12
Puts · V 1 · OI 12

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts44
Avg IV0.58
Put-call1.44
Expiry18 Sep 2026
Contracts4
Avg IV0.48
Put-call-
Expiry20 Nov 2026
Contracts37
Avg IV0.48
Put-call1.31
Expiry19 Feb 2027
Contracts15
Avg IV0.46
Put-call1.20

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.53
Put IV0.52
Skew-0.01
18 Sep 2026Balanced skew
Call IV0.49
Put IV0.46
Skew-0.03
20 Nov 2026Balanced skew
Call IV0.49
Put IV0.44
Skew-0.04
19 Feb 2027Call IV premium
Call IV0.48
Put IV0.41
Skew-0.07

Contract Tape

Most active contracts

Full contract tape
ContractONC261120C00380000
SideCall
Expiry20 Nov 2026
Strike380.00
Volume-
OI20
IV0.49
ContractONC261120P00185000
SidePut
Expiry20 Nov 2026
Strike185.00
Volume-
OI9
IV0.67
ContractONC261120P00175000
SidePut
Expiry20 Nov 2026
Strike175.00
Volume-
OI8
IV0.68
ContractONC261120P00240000
SidePut
Expiry20 Nov 2026
Strike240.00
Volume-
OI6
IV0.65
ContractONC270219C00350000
SideCall
Expiry19 Feb 2027
Strike350.00
Volume-
OI5
IV0.48
ContractONC270219C00380000
SideCall
Expiry19 Feb 2027
Strike380.00
Volume-
OI5
IV0.48
ContractONC260918C00360000
SideCall
Expiry18 Sep 2026
Strike360.00
Volume-
OI2
IV0.48
ContractONC260918C00330000
SideCall
Expiry18 Sep 2026
Strike330.00
Volume-
OI2
IV0.48