Ticker Options Intelligence

DYN options intelligence

Dyne Therapeutics Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 43 Market data through 29 Jul 2026 Checked 30 Jul 2026 11:43 · complete available chain

Put-side pressure

Bearish pressure

DYN currently carries bearish options pressure with a 43/100 conviction score. The nearest-chain expected move is 15.5%, with volume/open-interest participation at 0.01.

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

Put-side pressure

Expected move 15.5%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 1.49

Put-side skew

Trend fit 65

Options agree with trend context

Weekly backdrop +2.9%

RS 28.6

Expected move 15.5%
Put-call volume 1.49
Volume / OI 0.01
Reference IV 0.63
Max pain 22.00
Underlying 24.44
Nearest expiry 21 Aug 2026
Contracts 286

Research Brief

DYN has a bearish chain read with 43/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 20.66–28.22; The largest call open-interest concentration is 23.00; the largest put concentration is 20.00. The most active strike by current volume is 10.00.

Priced range20.66–28.22
Call concentration23.00
Put concentration20.00
Max pain reference22.00
What would confirm it
  • Price remains weak while put-side concentration persists.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Price recovers while put pressure fades or reverses toward calls.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 20.66 to 28.22. Max pain at 22.00 sits inside that range, 10.0% below spot.

Spot Max pain
20.6624.44 ± 3.7828.22
Confirmation level

A close beyond 28.22 or below 20.66 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 43/100

Evidence alignment, not probability

Pressure is 32/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure32 × 42%
+13.2

How strongly activity leans toward calls or puts.

Participation18 × 22%
+4.0

Volume relative to existing open interest and contract-level activity.

Trend agreement65 × 26%
+16.9

How closely the chain read agrees with the underlying trend backdrop.

Volatility84 × 10%
+8.4

The intensity of implied volatility and the priced move.

Reconstructed score42.6Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 23.00; the largest put concentration is 20.00. The most active strike by current volume is 10.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
10.00-59.1%
9
0
11.00-55.0%
0
0
12.00-50.9%
0
0
15.00-38.6%
4
0
17.00-30.4%
4
0
18.00-26.4%
8
11
19.00-22.3%
0
2039
20.00-18.2%
12
185
21.00-14.1%
11
46
22.00-10.0%
12
33
23.00-5.9%
67
0
24.00-1.8%
25
0
25.002.3%
52
0
26.006.4%
33
0
27.0010.5%
1
0
30.0022.7%
1
0
31.0026.8%
1
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Back-loaded volatility

0.67× front/back

Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.

0.63 21 Aug 22d
0.69 18 Sep 50d
0.80 16 Oct 78d
0.78 18 Dec 141d
0.87 15 Jan 169d
1.06 19 Mar 232d
0.94 17 Dec 505d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

Comparable upside calls and downside puts carry broadly similar implied volatility.

20
21
22
23
24
25
26
27
28
29
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 directional observations

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

C69/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
29 Jul 2026
Calculation
v1.x legacy
Contracts
286 / 286
  • 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

Put-heavy activity

69/100
Primary intent Put-heavy activity

Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.

Flow vs price divergence Bearish flow against rising price

Put-side pressure is building while price is rising, a cautionary divergence.

Why this matters

Put-heavy activity matters because it connects the options headline to the actual evidence: $93805 of estimated gross traded notional, puts · 91+ days · itm, and a bearish flow against rising price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-32
1W price+2.9%
Call premium38%
Put premium62%
Notional split C 38% / P 62% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.01 Volume divided by open interest across the visible chain.
Trend fit 65/100 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.
Conviction clusters Puts · 91+ days · ITM
Puts · 91+ days · ITM puts cluster with 51 contracts traded, $57775 estimated gross traded notional, and 62% of visible notional.
$57775
Calls · 22-45 days · ITM calls cluster with 18 contracts traded, $23040 estimated gross traded notional, and 25% of visible notional.
$23040
Calls · 91+ days · OTM calls cluster with 10 contracts traded, $6495 estimated gross traded notional, and 7% of visible notional.
$6495
Calls · 91+ days · ITM calls cluster with 5 contracts traded, $5610 estimated gross traded notional, and 6% of visible notional.
$5610
Calls · 91+ days · ATM calls cluster with 1 contracts traded, $560 estimated gross traded notional, and 1% of visible notional.
$560

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

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

Sharemaestro weekly
Close24.44
1W+2.9%
RS28.6
Fair value+23.6%
Options pressure-32
Speculation18
Volatility84
Trend fit65

Today Versus Normal

Stored-options context

View history
Expected move 15.5% history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -
IV 0.63 history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -
Put-call 1.49 history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -
Volume/OI 0.01 history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:53 Volatility
Pressure 58
Move 17.2%
30 Jul 10:43 Bearish
Pressure -32
Move 15.5%

Strike Map

Where activity is clustering

Full strike map
Strike10.00
Calls · V 9 · OI 9
Puts · V 0 · OI 0
Strike11.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike12.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike13.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike14.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike15.00
Calls · V 9 · OI 4
Puts · V 0 · OI 0
Strike16.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike17.00
Calls · V 0 · OI 4
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts48
Avg IV0.63
Put-call0.06
Expiry18 Sep 2026
Contracts56
Avg IV0.69
Put-call-
Expiry16 Oct 2026
Contracts30
Avg IV0.80
Put-call-
Expiry18 Dec 2026
Contracts44
Avg IV0.78
Put-call-
Expiry15 Jan 2027
Contracts30
Avg IV0.87
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.14
Put IV0.74
Skew0.60
18 Sep 2026Call IV premium
Call IV1.23
Put IV0.84
Skew-0.39
16 Oct 2026Put IV premium
Call IV0.16
Put IV0.90
Skew0.74
18 Dec 2026Balanced skew
Call IV0.85
Put IV0.88
Skew0.03
15 Jan 2027Balanced skew
Call IV0.81
Put IV0.83
Skew0.02

Contract Tape

Most active contracts

Full contract tape
ContractDYN270319P00029000
SidePut
Expiry19 Mar 2027
Strike29.00
Volume33
OI-
IV1.03
ContractDYN271217P00030000
SidePut
Expiry17 Dec 2027
Strike30.00
Volume12
OI-
IV0.91
ContractDYN260821C00010000
SideCall
Expiry21 Aug 2026
Strike10.00
Volume9
OI9
IV2.08
ContractDYN260821C00015000
SideCall
Expiry21 Aug 2026
Strike15.00
Volume9
OI4
IV1.41
ContractDYN271217P00032000
SidePut
Expiry17 Dec 2027
Strike32.00
Volume5
OI-
IV0.89
ContractDYN271217C00035000
SideCall
Expiry17 Dec 2027
Strike35.00
Volume3
OI13
IV0.91
ContractDYN271217C00032000
SideCall
Expiry17 Dec 2027
Strike32.00
Volume3
OI-
IV0.88
ContractDYN271217C00020000
SideCall
Expiry17 Dec 2027
Strike20.00
Volume2
OI2
IV0.95