Ticker Options Intelligence

WNEB options intelligence

Western New England Bancorp Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 36 Market data through 12 Aug 2026 Checked 13 Aug 2026 13:05 · complete available chain

Options-market disagreement

Mixed pressure

WNEB currently carries mixed options pressure with a 36/100 conviction score. The nearest-chain expected move is 6.4%, with volume/open-interest participation at 0.00.

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

Options-market disagreement

Expected move 6.4%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call -

Balanced tape

Trend fit 100

Options agree with trend context

Weekly backdrop +6.1%

RS -6.6

Expected move 6.4%
Put-call volume -
Volume / OI -
Reference IV 0.41
Max pain 7.50
Underlying 13.72
Nearest expiry 21 Aug 2026
Contracts 80

Research Brief

WNEB has a mixed chain read with 36/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 12.85–14.59; The largest call open-interest concentration is 7.50; the largest put concentration is 5.00. The most active strike by current volume is 2.50.

Priced range12.85–14.59
Call concentration7.50
Put concentration5.00
Max pain reference7.50
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • Front-expiry volatility is rich, so the signal may be event-driven and vulnerable to volatility compression.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 12.85 to 14.59. Max pain at 7.50 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
12.8513.72 ± 0.8714.59
Confirmation level

A close beyond 14.59 or below 12.85 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 36/100

Evidence alignment, not probability

Pressure is 12/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure12 × 42%
+5.0

How strongly activity leans toward calls or puts.

Participation0 × 22%
+0.0

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

Trend agreement100 × 26%
+25.9

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

Volatility54 × 10%
+5.4

The intensity of implied volatility and the priced move.

Reconstructed score36.3Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 7.50; the largest put concentration is 5.00. The most active strike by current volume is 2.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
2.50-81.8%
0
1
5.00-63.6%
0
0
7.50-45.3%
1
0
10.00-27.1%
0
1
12.50-8.9%
0
0
15.009.3%
0
0
17.5027.6%
0
0
20.0045.8%
0
0
22.5064.0%
0
0
25.0082.2%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Negative gamma proxy

Reported Greeks · 67% coverage

Put-side gamma sensitivity outweighs the call-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.

Net profile-$14Delta change / 1% move
Positive peak-No positive strike
Negative peak12.50-$14
Nearest balance-Interpolated sign change
StrikeNegativePositiveNet / 1% move
5.00-63.6%
-$0
12.50-8.9%
-$14
Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike

Scenario proxy = gamma × open interest × 100 shares × spot² × 1%. Calls are positive and puts negative by convention. Missing Greeks use a Black-Scholes estimate from stored IV with zero rate and dividend assumptions. Open interest does not reveal who is long or short, so this is not observed dealer positioning or a forecast.

Volatility Curve

Front-loaded volatility

3.04× front/back

Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.

0.41 21 Aug 9d
0.28 18 Sep 37d
0.14 20 Nov 100d
0.13 19 Feb 191d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.

13
15
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 matured · 0 directional

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
  • Auditable calculationoriginal version retained
  • Independent entryone read per market session
  • Point-in-time referencerequired at entry
  • Matched expiry closereported only after maturity

Eligible snapshots must have a dated market session, stored signal, and point-in-time market reference. Each observation uses one read per market session and the first stored weekly close on or immediately after expiry; its original calculation version is retained. 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
12 Aug 2026
Calculation
v2.0
Contracts
80 / 80
  • 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

Likely noise

36/100
Primary intent Likely noise

Visible options activity is too thin or mixed to support a strong intent classification.

Flow vs price divergence No clean flow/price divergence

The options read is mixed, so divergence is not strong enough to classify.

Why this matters

Likely noise matters because it connects the options headline to the actual evidence: $0 of estimated gross traded notional, no dominant cluster, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-12
1W price+6.1%
Call premium0%
Put premium0%
Notional split C 0% / P 0% 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 100/100 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 No dominant cluster

No high-conviction option cluster is visible in this snapshot.

Setup Classification

Opportunity and risk frame

Context, not advice
Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

Warning Event-risk setup

Expected move or upcoming earnings makes the setup more event-sensitive.

Activity Anomaly

Normal range

63

Activity is broadly in line with recent stored snapshots.

Baseline: 10 completed sessions

Volume rank70th
Volume/OI rank70th
IV rank50th

Market Context

Underlying confirmation

Sharemaestro weekly
Close13.72
1W+6.1%
RS-6.6
Fair value+43.5%
Options pressure-12
Speculation0
Volatility54
Trend fit100

Today Versus Normal

Stored-options context

View history
Expected move 6.4% muted
30d avg 13.2% · 10 sessions 10th
90d avg - · 10/30 sessions -
180d avg - · 10/60 sessions -
IV 0.41 near normal
30d avg 0.60 · 10 sessions 50th
90d avg - · 10/30 sessions -
180d avg - · 10/60 sessions -
Put-call - history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -
Volume/OI 0.00 near normal
30d avg 1.45 · 10 sessions 70th
90d avg - · 10/30 sessions -
180d avg - · 10/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:38 Mixed
Pressure -12
Move 13.1%
30 Jul 11:17 Bearish
Pressure -100
Move 8.8%
31 Jul 10:52 Mixed
Pressure -12
Move 9.7%
3 Aug 06:18 Bearish
Pressure -100
Move 9.7%
3 Aug 23:50 Volatility
Pressure 24
Move 52.8%
4 Aug 06:07 Mixed
Pressure -12
Move 11.4%
4 Aug 16:48 Volatility
Pressure 24
Move 51.7%
4 Aug 17:23 Volatility
Pressure 24
Move 51.0%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike7.50
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike10.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike12.50
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike15.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike17.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike20.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts20
Avg IV0.41
Put-call-
Expiry18 Sep 2026
Contracts20
Avg IV0.28
Put-call-
Expiry20 Nov 2026
Contracts20
Avg IV0.14
Put-call-
Expiry19 Feb 2027
Contracts20
Avg IV0.13
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.24
Put IV0.41
Skew0.17
18 Sep 2026Put IV premium
Call IV0.11
Put IV0.20
Skew0.09
20 Nov 2026Put IV premium
Call IV0.06
Put IV0.13
Skew0.07
19 Feb 2027Put IV premium
Call IV0.04
Put IV0.10
Skew0.06

Contract Tape

Most active contracts

Full contract tape
ContractWNEB260821P00005000
SidePut
Expiry21 Aug 2026
Strike5.00
Volume-
OI1
IV2.76
ContractWNEB260821C00007500
SideCall
Expiry21 Aug 2026
Strike7.50
Volume-
OI1
IV0.01
ContractWNEB260821P00012500
SidePut
Expiry21 Aug 2026
Strike12.50
Volume-
OI1
IV0.41
ContractWNEB260821C00005000
SideCall
Expiry21 Aug 2026
Strike5.00
Volume-
OI-
IV0.01
ContractWNEB260821P00007500
SidePut
Expiry21 Aug 2026
Strike7.50
Volume-
OI-
IV1.74
ContractWNEB260821C00010000
SideCall
Expiry21 Aug 2026
Strike10.00
Volume-
OI-
IV0.01
ContractWNEB260821C00015000
SideCall
Expiry21 Aug 2026
Strike15.00
Volume-
OI-
IV0.24
ContractWNEB260821C00012500
SideCall
Expiry21 Aug 2026
Strike12.50
Volume-
OI-
IV0.01

Evidence context