Primary read
Bearish
Put-side pressure
Ticker Options Intelligence
AYI options intelligence
Acuity Brands Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
40
Market data through 30 Jul 2026
Checked 31 Jul 2026 08:15 · complete available chain
Put-side pressure
Bearish pressure
AYI currently carries bearish options pressure with a 40/100 conviction score. The nearest-chain expected move is 7.1%, with volume/open-interest participation at 0.00.
Expected move
7.1%
Wider near-term move priced
Activity / OI
0.00
Current volume is quieter versus prior open interest
Put-call
2.00
Put-side skew
Trend fit
82
Options agree with trend context
Weekly backdrop
-1.1%
RS -5.5
Expected move
7.1%
Put-call volume
2.00
Volume / OI
0.00
Reference IV
0.34
Max pain
320.00
Underlying
330.14
Nearest expiry
21 Aug 2026
Contracts
290
Research Brief
AYI has a bearish chain read with 40/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 306.74–353.54; The largest call open-interest concentration is 330.00; the largest put concentration is 220.00. The most active strike by current volume is 350.00.
Priced range306.74–353.54
Call concentration330.00
Put concentration220.00
Max pain reference320.00
- Price remains weak while put-side concentration persists.
- The current chain read already agrees with the stored weekly trend context.
- Price recovers while put pressure fades or reverses toward calls.
Priced Move
Where the chain says movement becomes exceptional
Options imply 306.74 to 353.54. Max pain at 320.00 sits inside that range, 3.1% below spot.
Spot
Max pain
306.74330.14 ± 23.40353.54
Confirmation level
A close beyond 353.54 or below 306.74 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 40/100
Pressure is 30/100 toward puts; conviction uses its strength, while the signal label carries its direction.
Directional pressure30 × 42%
+12.5
How strongly activity leans toward calls or puts.
Participation3 × 22%
+0.6
Volume relative to existing open interest and contract-level activity.
Trend agreement82 × 26%
+21.4
How closely the chain read agrees with the underlying trend backdrop.
Volatility52 × 10%
+5.2
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 330.00; the largest put concentration is 220.00. The most active strike by current volume is 350.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
105
210.00-36.4%
1
119
220.00-33.4%
0
15
230.00-30.3%
1
51
260.00-21.2%
4
21
290.00-12.2%
10
16
300.00-9.1%
6
20
310.00-6.1%
19
30
320.00-3.1%
129
45
330.000.0%
132
24
340.003.0%
40
9
350.006.0%
88
4
360.009.0%
15
5
380.0015.1%
20
7
390.0018.1%
41
0
400.0021.2%
16
0
410.0024.2%
78
0
450.0036.3%
116
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Balanced volatility curve
Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.
0.34
21 Aug
22d
0.34
18 Sep
50d
0.36
20 Nov
113d
0.36
19 Feb
204d
Volatility by Strike
Upside optionality premium
Out-of-the-money calls carry higher implied volatility than comparable puts, indicating richer upside optionality.
270
280
290
300
310
320
330
340
350
360
370
380
390
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
Forward validation is building. The earliest eligible stored read expires 21 Aug 2026; its result will appear after the matched closing reference is stored.
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
High
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 30 Jul 2026
- Calculation
- v2.0
- Contracts
- 290 / 290
- 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
Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.
Options pressure and weekly price action are both cautionary.
Put-heavy activity matters because it connects the options headline to the actual evidence: $1208 of estimated gross traded notional, calls · 8-21 days · otm, and a bearish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure-30
1W price-1.1%
Call premium54%
Put premium46%
Notional split
C 54% / P 46%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.00
Volume divided by open interest across the visible chain.
Trend fit
82/100
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.
Calls · 8-21 days · OTM
calls cluster with 1 contracts traded, $655 estimated gross traded notional, and 54% of visible notional.
$655
Puts · 46-90 days · OTM
puts cluster with 1 contracts traded, $338 estimated gross traded notional, and 28% of visible notional.
$338
Puts · 91+ days · OTM
puts cluster with 1 contracts traded, $215 estimated gross traded notional, and 18% of visible notional.
$215
Setup Classification
Opportunity and risk frame
Positioning agrees with the Sharemaestro trend backdrop.
Expected move or upcoming earnings makes the setup more event-sensitive.
Activity Anomaly
Warming up
2 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 2 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close330.14
1W-1.1%
RS-5.5
Fair value+20.4%
Options pressure-30
Speculation3
Volatility52
Trend fit82
Today Versus Normal
Stored-options context
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:29
Bullish
Pressure 93
Move 8.5%
30 Jul 10:24
Bullish
Pressure 54
Move 7.3%
30 Jul 20:34
Bullish
Pressure 36
Move 7.1%
31 Jul 07:15
Bearish
Pressure -30
Move 7.1%
Strike Map
Where activity is clustering
Strike165.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike170.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike175.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike180.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike185.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike190.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike195.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike200.00
Calls · V 0 · OI 2
Puts · V 0 · OI 1
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts76
Avg IV0.34
Put-call-
Expiry18 Sep 2026
Contracts58
Avg IV0.34
Put-call-
Expiry20 Nov 2026
Contracts80
Avg IV0.36
Put-call-
Expiry19 Feb 2027
Contracts76
Avg IV0.36
Put-call-
Skew
Call/put IV balance
21 Aug 2026Balanced skew
Call IV0.35
Put IV0.37
Skew0.02
18 Sep 2026Balanced skew
Call IV0.34
Put IV0.36
Skew0.02
20 Nov 2026Balanced skew
Call IV0.35
Put IV0.38
Skew0.03
19 Feb 2027Balanced skew
Call IV0.35
Put IV0.38
Skew0.03
Contract Tape
Most active contracts
ContractAYI260821C00350000
SideCall
Expiry21 Aug 2026
Strike350.00
Volume1
OI88
IV0.34
ContractAYI261120P00220000
SidePut
Expiry20 Nov 2026
Strike220.00
Volume1
OI3
IV0.52
ContractAYI260918P00290000
SidePut
Expiry18 Sep 2026
Strike290.00
Volume1
OI-
IV0.40
ContractAYI260821C00330000
SideCall
Expiry21 Aug 2026
Strike330.00
Volume-
OI132
IV0.35
ContractAYI260821C00320000
SideCall
Expiry21 Aug 2026
Strike320.00
Volume-
OI129
IV0.37
ContractAYI260918C00360000
SideCall
Expiry18 Sep 2026
Strike360.00
Volume-
OI123
IV0.34
ContractAYI260821P00220000
SidePut
Expiry21 Aug 2026
Strike220.00
Volume-
OI119
IV0.56
ContractAYI260821C00450000
SideCall
Expiry21 Aug 2026
Strike450.00
Volume-
OI116
IV0.38
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
Acuity Brands Inc (AYI) earnings test follows a steady 52-week setup25 Jun 2026 01:15
Acuity Brands Inc (AYI) enters earnings week with firmer weekly footing24 Jun 2026 06:45
Acuity Brands Inc (AYI) approaches June 25 earnings after 17.9% twelve-week rise22 Jun 2026 17:45
Acuity Brands Inc (AYI) faces earnings with a split weekly setup19 Jun 2026 14:37
Acuity Brands Inc (AYI) carries an 11.0% 12-week gain toward earnings18 Jun 2026 03:52
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.