Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
DFH options intelligence
Dream Finders Homes Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
29
Market data through 31 Jul 2026
Checked 1 Aug 2026 10:28 · complete available chain
Call-side pressure
Bullish pressure
DFH currently carries bullish options pressure with a 29/100 conviction score. The nearest-chain expected move is 15.4%, with volume/open-interest participation at 0.05.
Expected move
15.4%
Wider near-term move priced
Activity / OI
0.05
Current volume is quieter versus prior open interest
Put-call
0.76
Balanced tape
Trend fit
46
Options are not fully confirming trend
Weekly backdrop
-19.7%
RS -39.2
Expected move
15.4%
Put-call volume
0.76
Volume / OI
0.05
Reference IV
0.39
Max pain
10.00
Underlying
15.92
Nearest expiry
21 Aug 2026
Contracts
104
Research Brief
DFH has a bullish chain read with 29/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 13.48–18.36; The largest call open-interest concentration is 10.00; the largest put concentration is 15.00. The most active strike by current volume is 10.00.
Priced range13.48–18.36
Call concentration10.00
Put concentration15.00
Max pain reference10.00
- 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 13.48 to 18.36. Max pain at 10.00 lies outside the priced range, so it is a weak near-term anchor.
Spot
Max pain
13.4815.92 ± 2.4418.36
Confirmation level
A close beyond 18.36 or below 13.48 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 29/100
Pressure is 21/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure21 × 42%
+8.6
How strongly activity leans toward calls or puts.
Participation9 × 22%
+2.0
Volume relative to existing open interest and contract-level activity.
Trend agreement46 × 26%
+11.9
How closely the chain read agrees with the underlying trend backdrop.
Volatility68 × 10%
+6.8
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 10.00; the largest put concentration is 15.00. 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
2.50-84.3%
0
6
5.00-68.6%
0
6
7.50-52.9%
1
5
10.00-37.2%
365
11
12.50-21.5%
0
78
15.00-5.8%
11
8
17.509.9%
92
0
20.0025.6%
13
0
22.5041.3%
0
0
25.0057.0%
0
0
27.5072.7%
0
0
30.0088.4%
0
0
32.50104.1%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Back-loaded volatility
Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.
0.39
21 Aug
21d
0.46
18 Sep
49d
0.50
16 Oct
77d
0.54
15 Jan
168d
Volatility by Strike
Upside optionality premium
Out-of-the-money calls carry higher implied volatility than comparable puts, indicating richer upside optionality.
15
18
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
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 104 / 104
- 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
Multi-expiry position-maintenance candidate
Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.
Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.
Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $10667 of estimated gross traded notional, calls · 8-21 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+21
1W price-19.7%
Call premium60%
Put premium40%
Notional split
C 60% / P 40%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.05
Volume divided by open interest across the visible chain.
Trend fit
46/100
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.
Calls · 8-21 days · ITM
calls cluster with 15 contracts traded, $4650 estimated gross traded notional, and 44% of visible notional.
$4650
Puts · 46-90 days · OTM
puts cluster with 20 contracts traded, $3050 estimated gross traded notional, and 29% of visible notional.
$3050
Calls · 46-90 days · ITM
calls cluster with 4 contracts traded, $918 estimated gross traded notional, and 9% of visible notional.
$918
Puts · 8-21 days · OTM
puts cluster with 11 contracts traded, $632 estimated gross traded notional, and 6% of visible notional.
$632
Puts · 91+ days · OTM
puts cluster with 3 contracts traded, $608 estimated gross traded notional, and 6% of visible notional.
$608
Setup Classification
Opportunity and risk frame
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
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
Close12.79
1W-19.7%
RS-39.2
Fair value-49.2%
Options pressure21
Speculation9
Volatility68
Trend fit46
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 - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 11:07
Volatility
Pressure -30
Move 20.1%
30 Jul 10:55
Volatility
Pressure -94
Move 17.1%
30 Jul 15:23
Mixed
Pressure -9
Move 12.7%
30 Jul 19:54
Mixed
Pressure -2
Move 10.7%
31 Jul 05:26
Mixed
Pressure -3
Move 7.7%
31 Jul 11:07
Bullish
Pressure 78
Move 11.1%
31 Jul 21:45
Mixed
Pressure 1
Move 15.4%
1 Aug 09:28
Bullish
Pressure 21
Move 15.4%
Strike Map
Where activity is clustering
Strike2.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 6
Strike7.50
Calls · V 0 · OI 1
Puts · V 0 · OI 6
Strike10.00
Calls · V 15 · OI 365
Puts · V 0 · OI 5
Strike12.50
Calls · V 0 · OI 0
Puts · V 11 · OI 11
Strike15.00
Calls · V 0 · OI 11
Puts · V 0 · OI 78
Strike17.50
Calls · V 0 · OI 92
Puts · V 0 · OI 8
Strike20.00
Calls · V 0 · OI 13
Puts · V 0 · OI 0
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts26
Avg IV0.39
Put-call0.73
Expiry18 Sep 2026
Contracts26
Avg IV0.46
Put-call-
Expiry16 Oct 2026
Contracts24
Avg IV0.50
Put-call0.83
Expiry15 Jan 2027
Contracts28
Avg IV0.54
Put-call1.50
Skew
Call/put IV balance
21 Aug 2026Balanced skew
Call IV0.59
Put IV0.59
Skew-
18 Sep 2026Put IV premium
Call IV0.39
Put IV0.51
Skew0.13
16 Oct 2026Put IV premium
Call IV0.30
Put IV0.75
Skew0.45
15 Jan 2027Balanced skew
Call IV0.66
Put IV0.67
Skew0.01
Contract Tape
Most active contracts
ContractDFH261016C00020000
SideCall
Expiry16 Oct 2026
Strike20.00
Volume23
OI95
IV0.41
ContractDFH261016P00012500
SidePut
Expiry16 Oct 2026
Strike12.50
Volume20
OI149
IV0.75
ContractDFH260821C00010000
SideCall
Expiry21 Aug 2026
Strike10.00
Volume15
OI365
IV1.12
ContractDFH260821P00012500
SidePut
Expiry21 Aug 2026
Strike12.50
Volume11
OI11
IV0.59
ContractDFH270115P00012500
SidePut
Expiry15 Jan 2027
Strike12.50
Volume3
OI16
IV0.67
ContractDFH260918C00012500
SideCall
Expiry18 Sep 2026
Strike12.50
Volume3
OI3
IV1.05
ContractDFH261016C00025000
SideCall
Expiry16 Oct 2026
Strike25.00
Volume1
OI9
IV0.58
ContractDFH270115C00010000
SideCall
Expiry15 Jan 2027
Strike10.00
Volume1
OI4
IV0.57
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
No upcoming matched earnings event.
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.