Ticker Options Intelligence

AON options intelligence

Aon PLC options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 50 Market data through 29 Jul 2026 Checked 30 Jul 2026 06:21 · complete available chain

Call-side pressure

Bullish pressure

AON currently carries bullish options pressure with a 50/100 conviction score. The nearest-chain expected move is 6.4%, with volume/open-interest participation at 0.04.

Primary read Bullish

Call-side pressure

Expected move 6.4%

Wider near-term move priced

Activity / OI 0.04

Current volume is quieter versus prior open interest

Put-call 0.16

Call-side skew

Trend fit 16

Options are not fully confirming trend

Weekly backdrop -1.5%

RS -2.1

Expected move 6.4%
Put-call volume 0.16
Volume / OI 0.04
Reference IV 0.25
Max pain 360.00
Underlying 361.70
Nearest expiry 21 Aug 2026
Contracts 252

Options Intent Radar

Multi-expiry position-maintenance candidate

67/100
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 Bullish flow against weak price

Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.

Why this matters

Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $357247 of estimated gross traded notional, calls · 46-90 days · itm, and a bullish flow against weak price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+77
1W price-1.5%
Call premium91%
Put premium9%
Notional split C 91% / P 9% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.04 Volume divided by open interest across the visible chain.
Trend fit 16/100 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 · 46-90 days · ITM
Calls · 46-90 days · ITM calls cluster with 10 contracts traded, $82660 estimated gross traded notional, and 23% of visible notional.
$82660
Calls · 91+ days · OTM calls cluster with 54 contracts traded, $50810 estimated gross traded notional, and 14% of visible notional.
$50810
Calls · 46-90 days · OTM calls cluster with 54 contracts traded, $49580 estimated gross traded notional, and 14% of visible notional.
$49580
Calls · 22-45 days · OTM calls cluster with 120 contracts traded, $47482 estimated gross traded notional, and 13% of visible notional.
$47482
Calls · 22-45 days · ITM calls cluster with 7 contracts traded, $39355 estimated gross traded notional, and 11% of visible notional.
$39355

Setup Classification

Opportunity and risk frame

Context, not advice
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.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

Activity Anomaly

Quiet tape

0

Activity is muted versus this ticker's stored history.

Volume rank0th
Volume/OI rank0th
IV rank0th

Market Context

Underlying confirmation

Sharemaestro weekly
Close361.70
1W-1.5%
RS-2.1
Fair value+7.8%
Options pressure77
Speculation41
Volatility43
Trend fit16

Today Versus Normal

Stored-options context

View history
Expected move 6.4% muted
30d avg 9.0% · 1 read 0th
90d avg 9.0% · 1 read 0th
180d avg 9.0% · 1 read 0th
IV 0.25 muted
30d avg 0.36 · 1 read 0th
90d avg 0.36 · 1 read 0th
180d avg 0.36 · 1 read 0th
Put-call 0.16 muted
30d avg 2.21 · 1 read 0th
90d avg 2.21 · 1 read 0th
180d avg 2.21 · 1 read 0th
Volume/OI 0.04 muted
30d avg 0.08 · 1 read 0th
90d avg 0.08 · 1 read 0th
180d avg 0.08 · 1 read 0th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:06 Bearish
Pressure -33
Move 9.0%
30 Jul 05:21 Bullish
Pressure 77
Move 6.4%

Strike Map

Where activity is clustering

Full strike map
Strike185.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike190.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike195.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike200.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike210.00
Calls · V 1 · OI 0
Puts · V 0 · OI 0
Strike220.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike230.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike240.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts62
Avg IV0.25
Put-call0.14
Expiry18 Sep 2026
Contracts62
Avg IV0.25
Put-call1.43
Expiry16 Oct 2026
Contracts62
Avg IV0.25
Put-call0.17
Expiry15 Jan 2027
Contracts66
Avg IV0.27
Put-call0.03

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.23
Put IV0.27
Skew0.04
18 Sep 2026Balanced skew
Call IV0.23
Put IV0.27
Skew0.04
16 Oct 2026Balanced skew
Call IV0.24
Put IV0.27
Skew0.03
15 Jan 2027Balanced skew
Call IV0.25
Put IV0.28
Skew0.03

Contract Tape

Most active contracts

Full contract tape
ContractAON260821C00390000
SideCall
Expiry21 Aug 2026
Strike390.00
Volume106
OI152
IV0.23
ContractAON261016C00400000
SideCall
Expiry16 Oct 2026
Strike400.00
Volume51
OI304
IV0.24
ContractAON270115C00440000
SideCall
Expiry15 Jan 2027
Strike440.00
Volume43
OI6
IV0.25
ContractAON270115C00410000
SideCall
Expiry15 Jan 2027
Strike410.00
Volume10
OI90
IV0.25
ContractAON260821C00400000
SideCall
Expiry21 Aug 2026
Strike400.00
Volume9
OI10
IV0.25
ContractAON260821P00320000
SidePut
Expiry21 Aug 2026
Strike320.00
Volume6
OI232
IV0.43
ContractAON260821C00360000
SideCall
Expiry21 Aug 2026
Strike360.00
Volume6
OI150
IV0.21
ContractAON260821C00340000
SideCall
Expiry21 Aug 2026
Strike340.00
Volume6
OI71
IV0.01