Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
BOH options intelligence
Bank of Hawaii Corporation options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
47
Market data through 31 Jul 2026
Checked 2 Aug 2026 03:17 · complete available chain
Call-side pressure
Bullish pressure
BOH currently carries bullish options pressure with a 47/100 conviction score. The nearest-chain expected move is 4.5%, with volume/open-interest participation at 0.00.
Expected move
4.5%
Near-term move context
Activity / OI
0.00
Current volume is quieter versus prior open interest
Put-call
0.00
Call-side skew
Trend fit
0
Options are not fully confirming trend
Weekly backdrop
-4.8%
RS 2.7
Expected move
4.5%
Put-call volume
-
Volume / OI
0.00
Reference IV
0.25
Max pain
80.00
Underlying
79.90
Nearest expiry
21 Aug 2026
Contracts
128
Research Brief
BOH has a bullish chain read with 47/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 76.28–83.52; The largest call open-interest concentration is 90.00; the largest put concentration is 80.00. The most active strike by current volume is 80.00.
Priced range76.28–83.52
Call concentration90.00
Put concentration80.00
Max pain reference80.00
- 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 76.28 to 83.52. Max pain at 80.00 sits inside that range, 0.1% above spot.
Spot
Max pain
76.2879.90 ± 3.6283.52
Confirmation level
A close beyond 83.52 or below 76.28 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 47/100
Pressure is 100/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure100 × 42%
+42.0
How strongly activity leans toward calls or puts.
Participation8 × 22%
+1.8
Volume relative to existing open interest and contract-level activity.
Trend agreement0 × 26%
+0.0
How closely the chain read agrees with the underlying trend backdrop.
Volatility35 × 10%
+3.5
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 90.00; the largest put concentration is 80.00. The most active strike by current volume is 80.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
40.00-49.9%
0
0
45.00-43.7%
0
0
50.00-37.4%
0
0
55.00-31.2%
0
0
60.00-24.9%
0
3
65.00-18.6%
0
2
70.00-12.4%
21
18
75.00-6.1%
10
32
80.000.1%
51
4
85.006.4%
100
0
90.0012.6%
158
0
95.0018.9%
30
0
100.0025.2%
0
0
105.0031.4%
12
0
110.0037.7%
0
0
115.0043.9%
2
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.
0.25
21 Aug
21d
0.23
18 Sep
49d
0.21
16 Oct
77d
0.25
15 Jan
168d
Volatility by Strike
Balanced wings
Comparable upside calls and downside puts carry broadly similar implied volatility.
65
70
75
80
85
90
95
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
- 128 / 128
- 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: $3470 of estimated gross traded notional, calls · 91+ days · atm, 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+100
1W price-4.8%
Call premium100%
Put premium0%
Notional split
C 100% / 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
0/100
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 · 91+ days · ATM
calls cluster with 5 contracts traded, $2525 estimated gross traded notional, and 73% of visible notional.
$2525
Calls · 46-90 days · ATM
calls cluster with 2 contracts traded, $535 estimated gross traded notional, and 15% of visible notional.
$535
Calls · 8-21 days · ATM
calls cluster with 2 contracts traded, $410 estimated gross traded notional, and 12% of visible notional.
$410
Setup Classification
Opportunity and risk frame
Options positioning is not confirming the underlying trend context.
Underlying price is close to the max-pain zone.
Call pressure is building while the stock sits above Sharemaestro fair value.
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
Close79.90
1W-4.8%
RS2.7
Fair value+26.5%
Options pressure100
Speculation8
Volatility35
Trend fit0
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 10:53
Bearish
Pressure -81
Move 7.1%
30 Jul 10:43
Bearish
Pressure -28
Move 7.3%
30 Jul 17:02
Mixed
Pressure -16
Move 6.5%
2 Aug 02:17
Bullish
Pressure 100
Move 4.5%
Strike Map
Where activity is clustering
Strike40.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike45.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike50.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike55.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike60.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 3
Strike70.00
Calls · V 0 · OI 21
Puts · V 0 · OI 2
Strike75.00
Calls · V 0 · OI 10
Puts · V 0 · OI 18
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts32
Avg IV0.25
Put-call-
Expiry18 Sep 2026
Contracts32
Avg IV0.23
Put-call-
Expiry16 Oct 2026
Contracts32
Avg IV0.21
Put-call-
Expiry15 Jan 2027
Contracts32
Avg IV0.25
Put-call-
Skew
Call/put IV balance
21 Aug 2026Balanced skew
Call IV0.11
Put IV0.12
Skew0.01
18 Sep 2026Put IV premium
Call IV0.07
Put IV0.31
Skew0.23
16 Oct 2026Balanced skew
Call IV0.25
Put IV0.23
Skew-0.02
15 Jan 2027Put IV premium
Call IV0.21
Put IV0.29
Skew0.08
Contract Tape
Most active contracts
ContractBOH270115C00080000
SideCall
Expiry15 Jan 2027
Strike80.00
Volume5
OI50
IV0.21
ContractBOH260821C00080000
SideCall
Expiry21 Aug 2026
Strike80.00
Volume2
OI51
IV0.27
ContractBOH260918C00080000
SideCall
Expiry18 Sep 2026
Strike80.00
Volume2
OI2
IV0.22
ContractBOH261016C00065000
SideCall
Expiry16 Oct 2026
Strike65.00
Volume-
OI292
IV0.23
ContractBOH261016C00075000
SideCall
Expiry16 Oct 2026
Strike75.00
Volume-
OI220
IV0.23
ContractBOH270115P00065000
SidePut
Expiry15 Jan 2027
Strike65.00
Volume-
OI207
IV0.31
ContractBOH261016P00060000
SidePut
Expiry16 Oct 2026
Strike60.00
Volume-
OI204
IV0.24
ContractBOH260821C00090000
SideCall
Expiry21 Aug 2026
Strike90.00
Volume-
OI158
IV0.20
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
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.