Ticker Options Intelligence

BJ options intelligence

BJs Wholesale Club Holdings Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 44 Market data through 29 Jul 2026 Checked 30 Jul 2026 03:44 · complete available chain

Call-side pressure

Bullish pressure

BJ currently carries bullish options pressure with a 44/100 conviction score. The nearest-chain expected move is 10.3%, with volume/open-interest participation at 0.02.

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

Call-side pressure

Expected move 10.3%

Wider near-term move priced

Activity / OI 0.02

Current volume is quieter versus prior open interest

Put-call 0.23

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop -0.5%

RS -9.1

Expected move 10.3%
Put-call volume 0.23
Volume / OI 0.02
Reference IV 0.45
Max pain 85.00
Underlying 92.94
Nearest expiry 21 Aug 2026
Contracts 302

Options Intent Radar

Earnings/event positioning

76/100
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 Bullish flow before price confirmation

Call-side pressure is building before a meaningful weekly price response.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $332810 of estimated gross traded notional, calls · 91+ days · itm, and a bullish flow before price confirmation backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+66
1W price-0.5%
Call premium92%
Put premium8%
Notional split C 92% / P 8% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.02 Volume divided by open interest across the visible chain.
Trend fit 0/100 Agreement between options pressure and Sharemaestro market context.
Event window 20 Aug Matched earnings event is 21 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 120 contracts traded, $217130 estimated gross traded notional, and 65% of visible notional.
$217130
Calls · 91+ days · OTM calls cluster with 96 contracts traded, $55190 estimated gross traded notional, and 17% of visible notional.
$55190
Calls · 22-45 days · OTM calls cluster with 54 contracts traded, $16612 estimated gross traded notional, and 5% of visible notional.
$16612
Puts · 46-90 days · ITM puts cluster with 24 contracts traded, $12720 estimated gross traded notional, and 4% of visible notional.
$12720
Puts · 91+ days · OTM puts cluster with 36 contracts traded, $11940 estimated gross traded notional, and 4% of visible notional.
$11940

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.

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Activity Anomaly

Normal range

33

Activity is broadly in line with recent stored snapshots.

Volume rank0th
Volume/OI rank0th
IV rank100th

Market Context

Underlying confirmation

Sharemaestro weekly
Close92.94
1W-0.5%
RS-9.1
Fair value+4.4%
Options pressure66
Speculation40
Volatility72
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 10.3% elevated
30d avg 8.4% · 1 read 100th
90d avg 8.4% · 1 read 100th
180d avg 8.4% · 1 read 100th
IV 0.45 elevated
30d avg 0.41 · 1 read 100th
90d avg 0.41 · 1 read 100th
180d avg 0.41 · 1 read 100th
Put-call 0.23 muted
30d avg 1.51 · 1 read 0th
90d avg 1.51 · 1 read 0th
180d avg 1.51 · 1 read 0th
Volume/OI 0.02 muted
30d avg 0.03 · 1 read 0th
90d avg 0.03 · 1 read 0th
180d avg 0.03 · 1 read 0th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:26 Mixed
Pressure -17
Move 8.4%
30 Jul 02:44 Bullish
Pressure 66
Move 10.3%

Strike Map

Where activity is clustering

Full strike map
Strike50.00
Calls · V 0 · OI 5
Puts · V 0 · OI 1
Strike55.00
Calls · V 0 · OI 2
Puts · V 0 · OI 16
Strike60.00
Calls · V 0 · OI 10
Puts · V 0 · OI 17
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 11
Strike70.00
Calls · V 0 · OI 4
Puts · V 0 · OI 54
Strike75.00
Calls · V 0 · OI 1800
Puts · V 1 · OI 177
Strike80.00
Calls · V 0 · OI 4
Puts · V 0 · OI 467
Strike85.00
Calls · V 0 · OI 38
Puts · V 0 · OI 380

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts42
Avg IV0.45
Put-call0.07
Expiry18 Sep 2026
Contracts38
Avg IV0.35
Put-call3.00
Expiry20 Nov 2026
Contracts40
Avg IV0.36
Put-call0.13
Expiry15 Jan 2027
Contracts56
Avg IV0.36
Put-call0.08
Expiry19 Feb 2027
Contracts38
Avg IV0.35
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.39
Put IV0.59
Skew0.20
18 Sep 2026Put IV premium
Call IV0.35
Put IV0.41
Skew0.07
20 Nov 2026Balanced skew
Call IV0.32
Put IV0.37
Skew0.05
15 Jan 2027Balanced skew
Call IV0.33
Put IV0.38
Skew0.05
19 Feb 2027Balanced skew
Call IV0.32
Put IV0.36
Skew0.04

Contract Tape

Most active contracts

Full contract tape
ContractBJ270115C00110000
SideCall
Expiry15 Jan 2027
Strike110.00
Volume90
OI112
IV0.33
ContractBJ261120C00090000
SideCall
Expiry20 Nov 2026
Strike90.00
Volume84
OI1153
IV0.35
ContractBJ260821C00100000
SideCall
Expiry21 Aug 2026
Strike100.00
Volume29
OI228
IV0.39
ContractBJ270115C00070000
SideCall
Expiry15 Jan 2027
Strike70.00
Volume26
OI48
IV0.37
ContractBJ260918P00100000
SidePut
Expiry18 Sep 2026
Strike100.00
Volume24
OI2
IV0.38
ContractBJ260821C00105000
SideCall
Expiry21 Aug 2026
Strike105.00
Volume16
OI1100
IV0.46
ContractBJ270115P00090000
SidePut
Expiry15 Jan 2027
Strike90.00
Volume10
OI57
IV0.38
ContractBJ270219P00090000
SidePut
Expiry19 Feb 2027
Strike90.00
Volume10
OI-
IV0.36