Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
BIDU options intelligence
Baidu Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
35
Market data through 31 Jul 2026
Checked 2 Aug 2026 09:19 · complete available chain
Call-side pressure
Bullish pressure
BIDU currently carries bullish options pressure with a 35/100 conviction score. The nearest-chain expected move is 5.1%, with volume/open-interest participation at 0.10.
Expected move
5.1%
Near-term move context
Activity / OI
0.10
Current volume is quieter versus prior open interest
Put-call
0.59
Call-side skew
Trend fit
31
Options are not fully confirming trend
Weekly backdrop
+5.5%
RS -16.9
Expected move
5.1%
Put-call volume
0.59
Volume / OI
0.10
Reference IV
0.46
Max pain
103.00
Underlying
111.11
Nearest expiry
7 Aug 2026
Contracts
1044
Research Brief
BIDU has a bullish chain read with 35/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 105.46–116.76; The largest call open-interest concentration is 120.00; the largest put concentration is 100.00. The most active strike by current volume is 120.00.
Priced range105.46–116.76
Call concentration120.00
Put concentration100.00
Max pain reference103.00
- Price holds or improves while call-side concentration remains elevated.
- Price weakens while call pressure fades or reverses toward puts.
- Options and the weekly trend are not yet giving the same message.
Priced Move
Where the chain says movement becomes exceptional
Options imply 105.46 to 116.76. Max pain at 103.00 lies outside the priced range, so it is a weak near-term anchor.
Spot
Max pain
105.46111.11 ± 5.65116.76
Confirmation level
A close beyond 116.76 or below 105.46 at the 7 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 35/100
Pressure is 30/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure30 × 42%
+12.7
How strongly activity leans toward calls or puts.
Participation42 × 22%
+9.3
Volume relative to existing open interest and contract-level activity.
Trend agreement31 × 26%
+7.9
How closely the chain read agrees with the underlying trend backdrop.
Volatility53 × 10%
+5.3
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 120.00; the largest put concentration is 100.00. The most active strike by current volume is 120.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
341
94.00-15.4%
60
508
95.00-14.5%
176
316
96.00-13.6%
147
548
97.00-12.7%
158
494
99.00-10.9%
27
689
100.00-10.0%
88
38
105.00-5.5%
37
54
107.00-3.7%
83
44
108.00-2.8%
366
46
110.00-1.0%
532
250
113.001.7%
33
37
115.003.5%
260
10
117.005.3%
592
12
118.006.2%
441
21
120.008.0%
1265
0
145.0030.5%
430
0
160.0044.0%
597
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.
0.46
7 Aug
7d
0.47
14 Aug
14d
0.55
21 Aug
21d
0.54
28 Aug
28d
0.52
4 Sep
35d
0.51
11 Sep
42d
0.52
18 Sep
49d
0.51
16 Oct
77d
Volatility by Strike
Balanced wings
Comparable upside calls and downside puts carry broadly similar implied volatility.
90
92
94
96
98
100
103
105
107
109
111
113
115
117
119
122
124
126
128
130
132
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
Forward validation is building. The earliest eligible stored read expires 31 Jul 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
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 1044 / 1044
- 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
Earnings/event positioning
Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.
Options pressure and weekly price action are pointing in the same constructive direction.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $14.1M of estimated gross traded notional, calls · 8-21 days · itm, and a bullish 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+5.5%
Call premium72%
Put premium28%
Notional split
C 72% / P 28%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.10
Volume divided by open interest across the visible chain.
Trend fit
31/100
Agreement between options pressure and Sharemaestro market context.
Event window
19 Aug
Matched earnings event is 17 days away.
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 · ITM
calls cluster with 6463 contracts traded, $5.4M estimated gross traded notional, and 39% of visible notional.
$5.4M
Puts · 8-21 days · OTM
puts cluster with 7424 contracts traded, $2.1M estimated gross traded notional, and 15% of visible notional.
$2.1M
Calls · 8-21 days · OTM
calls cluster with 5082 contracts traded, $979470 estimated gross traded notional, and 7% of visible notional.
$979470
Calls · 91+ days · OTM
calls cluster with 1245 contracts traded, $963940 estimated gross traded notional, and 7% of visible notional.
$963940
Puts · 8-21 days · ITM
puts cluster with 773 contracts traded, $629488 estimated gross traded notional, and 4% of visible notional.
$629488
Setup Classification
Opportunity and risk frame
Expected move or upcoming earnings makes the setup more event-sensitive.
Options positioning is not confirming the underlying trend context.
Activity Anomaly
Warming up
3 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 3 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close111.11
1W+5.5%
RS-16.9
Fair value+4.1%
Options pressure30
Speculation42
Volatility53
Trend fit31
Today Versus Normal
Stored-options context
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:10
Mixed
Pressure -2
Move 3.9%
30 Jul 10:06
Mixed
Pressure 0
Move 3.5%
31 Jul 10:03
Bullish
Pressure 32
Move 3.1%
2 Aug 08:19
Bullish
Pressure 30
Move 5.1%
Strike Map
Where activity is clustering
Strike75.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike80.00
Calls · V 0 · OI 5
Puts · V 0 · OI 262
Strike85.00
Calls · V 0 · OI 0
Puts · V 0 · OI 174
Strike90.00
Calls · V 0 · OI 0
Puts · V 0 · OI 48
Strike91.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike92.00
Calls · V 0 · OI 0
Puts · V 0 · OI 3
Strike93.00
Calls · V 0 · OI 0
Puts · V 0 · OI 5
Strike94.00
Calls · V 0 · OI 60
Puts · V 0 · OI 341
Term Structure
Expiration activity
Expiry7 Aug 2026
Contracts104
Avg IV0.46
Put-call0.30
Expiry14 Aug 2026
Contracts108
Avg IV0.47
Put-call0.64
Expiry21 Aug 2026
Contracts112
Avg IV0.55
Put-call0.72
Expiry28 Aug 2026
Contracts96
Avg IV0.54
Put-call0.84
Expiry4 Sep 2026
Contracts82
Avg IV0.52
Put-call0.44
Skew
Call/put IV balance
7 Aug 2026Balanced skew
Call IV0.45
Put IV0.46
Skew0.01
14 Aug 2026Balanced skew
Call IV0.43
Put IV0.48
Skew0.05
21 Aug 2026Balanced skew
Call IV0.54
Put IV0.55
Skew0.01
28 Aug 2026Call IV premium
Call IV0.61
Put IV0.52
Skew-0.09
4 Sep 2026Balanced skew
Call IV0.53
Put IV0.53
Skew-
Contract Tape
Most active contracts
ContractBIDU260821C00107000
SideCall
Expiry21 Aug 2026
Strike107.00
Volume5123
OI5120
IV0.54
ContractBIDU260821P00107000
SidePut
Expiry21 Aug 2026
Strike107.00
Volume5014
OI5063
IV0.51
ContractBIDU260821C00125000
SideCall
Expiry21 Aug 2026
Strike125.00
Volume1613
OI843
IV0.57
ContractBIDU260918P00080000
SidePut
Expiry18 Sep 2026
Strike80.00
Volume1373
OI647
IV0.56
ContractBIDU260807C00120000
SideCall
Expiry7 Aug 2026
Strike120.00
Volume1114
OI1265
IV0.48
ContractBIDU260821C00120000
SideCall
Expiry21 Aug 2026
Strike120.00
Volume825
OI1164
IV0.56
ContractBIDU260807C00110000
SideCall
Expiry7 Aug 2026
Strike110.00
Volume789
OI532
IV0.45
ContractBIDU260821P00090000
SidePut
Expiry21 Aug 2026
Strike90.00
Volume748
OI3429
IV0.64
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
No recent market-watch posts yet.
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.