Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
ABBV options intelligence
AbbVie Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
40
Market data through 31 Jul 2026
Checked 1 Aug 2026 15:05 · complete available chain
Call-side pressure
Bullish pressure
ABBV currently carries bullish options pressure with a 40/100 conviction score. The nearest-chain expected move is 3.2%, with volume/open-interest participation at 0.11.
Expected move
3.2%
Near-term move context
Activity / OI
0.11
Current volume is quieter versus prior open interest
Put-call
0.71
Call-side skew
Trend fit
74
Options agree with trend context
Weekly backdrop
-3.2%
RS 4.4
Expected move
3.2%
Put-call volume
0.71
Volume / OI
0.11
Reference IV
0.28
Max pain
255.00
Underlying
250.94
Nearest expiry
7 Aug 2026
Contracts
1356
Research Brief
ABBV has a bullish chain read with 40/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 243.03–258.85; The largest call open-interest concentration is 262.50; the largest put concentration is 135.00. The most active strike by current volume is 242.50.
Priced range243.03–258.85
Call concentration262.50
Put concentration135.00
Max pain reference255.00
- Price holds or improves while call-side concentration remains elevated.
- The current chain read already agrees with the stored weekly trend context.
- Price weakens while call pressure fades or reverses toward puts.
Priced Move
Where the chain says movement becomes exceptional
Options imply 243.03 to 258.85. Max pain at 255.00 sits inside that range, 1.6% above spot.
Spot
Max pain
243.03250.94 ± 7.91258.85
Confirmation level
A close beyond 258.85 or below 243.03 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 40/100
Pressure is 19/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure19 × 42%
+7.9
How strongly activity leans toward calls or puts.
Participation43 × 22%
+9.4
Volume relative to existing open interest and contract-level activity.
Trend agreement74 × 26%
+19.2
How closely the chain read agrees with the underlying trend backdrop.
Volatility32 × 10%
+3.2
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 262.50; the largest put concentration is 135.00. The most active strike by current volume is 242.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
437
130.00-48.2%
0
1092
135.00-46.2%
0
611
140.00-44.2%
0
924
145.00-42.2%
0
555
165.00-34.2%
0
490
175.00-30.3%
0
315
180.00-28.3%
0
58
235.00-6.4%
8
12
242.50-3.4%
8
329
250.00-0.4%
206
389
255.001.6%
186
140
257.502.6%
26
184
260.003.6%
137
53
262.504.6%
1034
30
267.506.6%
38
52
270.007.6%
578
1
275.009.6%
943
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.
0.28
7 Aug
7d
0.28
14 Aug
14d
0.27
21 Aug
21d
0.27
28 Aug
28d
0.28
4 Sep
35d
0.28
11 Sep
42d
0.28
18 Sep
49d
0.28
16 Oct
77d
Volatility by Strike
Balanced wings
Comparable upside calls and downside puts carry broadly similar implied volatility.
205
215
220
228
233
235
240
245
250
253
258
263
265
270
275
280
283
288
293
295
300
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
- 1356 / 1356
- 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
Short-dated OTM call concentration
Call activity is concentrated in upside and shorter-dated contracts; trade direction remains unconfirmed without aggressor data.
Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.
Short-dated OTM call concentration matters because it connects the options headline to the actual evidence: $9.3M of estimated gross traded notional, calls · 46-90 days · otm, 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+19
1W price-3.2%
Call premium71%
Put premium29%
Notional split
C 71% / P 29%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.11
Volume divided by open interest across the visible chain.
Trend fit
74/100
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.
Calls · 46-90 days · OTM
calls cluster with 9244 contracts traded, $2.5M estimated gross traded notional, and 27% of visible notional.
$2.5M
Calls · 46-90 days · ITM
calls cluster with 423 contracts traded, $985640 estimated gross traded notional, and 11% of visible notional.
$985640
Calls · 91+ days · OTM
calls cluster with 755 contracts traded, $741649 estimated gross traded notional, and 8% of visible notional.
$741649
Calls · 8-21 days · OTM
calls cluster with 4070 contracts traded, $728342 estimated gross traded notional, and 8% of visible notional.
$728342
Puts · 91+ days · OTM
puts cluster with 2081 contracts traded, $655238 estimated gross traded notional, and 7% of visible notional.
$655238
Setup Classification
Opportunity and risk frame
Positioning agrees with the Sharemaestro trend backdrop.
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
Close250.94
1W-3.2%
RS4.4
Fair value+36.7%
Options pressure19
Speculation43
Volatility32
Trend fit74
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 17:00
Mixed
Pressure -5
Move 4.9%
29 Jul 17:20
Mixed
Pressure -6
Move 4.9%
29 Jul 17:43
Bullish
Pressure 43
Move 5.0%
29 Jul 18:11
Bullish
Pressure 40
Move 4.9%
29 Jul 18:34
Bullish
Pressure 38
Move 4.9%
29 Jul 18:51
Bullish
Pressure 38
Move 4.9%
29 Jul 19:18
Bullish
Pressure 37
Move 4.9%
29 Jul 19:40
Bullish
Pressure 36
Move 4.5%
Strike Map
Where activity is clustering
Strike120.00
Calls · V 0 · OI 0
Puts · V 0 · OI 269
Strike125.00
Calls · V 0 · OI 10
Puts · V 0 · OI 3
Strike130.00
Calls · V 0 · OI 0
Puts · V 112 · OI 437
Strike135.00
Calls · V 0 · OI 0
Puts · V 66 · OI 1092
Strike140.00
Calls · V 0 · OI 0
Puts · V 8 · OI 611
Strike145.00
Calls · V 0 · OI 0
Puts · V 0 · OI 924
Strike150.00
Calls · V 0 · OI 0
Puts · V 0 · OI 366
Strike155.00
Calls · V 0 · OI 0
Puts · V 0 · OI 206
Term Structure
Expiration activity
Expiry7 Aug 2026
Contracts118
Avg IV0.28
Put-call1.38
Expiry14 Aug 2026
Contracts116
Avg IV0.28
Put-call3.16
Expiry21 Aug 2026
Contracts110
Avg IV0.27
Put-call0.45
Expiry28 Aug 2026
Contracts84
Avg IV0.27
Put-call0.21
Expiry4 Sep 2026
Contracts84
Avg IV0.28
Put-call2.91
Skew
Call/put IV balance
7 Aug 2026Balanced skew
Call IV0.28
Put IV0.29
Skew0.01
14 Aug 2026Balanced skew
Call IV0.28
Put IV0.27
Skew-0.01
21 Aug 2026Balanced skew
Call IV0.27
Put IV0.27
Skew-
28 Aug 2026Balanced skew
Call IV0.27
Put IV0.28
Skew0.01
4 Sep 2026Balanced skew
Call IV0.28
Put IV0.29
Skew0.01
Contract Tape
Most active contracts
ContractABBV260918C00270000
SideCall
Expiry18 Sep 2026
Strike270.00
Volume4413
OI3767
IV0.28
ContractABBV260918C00290000
SideCall
Expiry18 Sep 2026
Strike290.00
Volume4369
OI8504
IV0.29
ContractABBV260821C00270000
SideCall
Expiry21 Aug 2026
Strike270.00
Volume1250
OI7054
IV0.29
ContractABBV261016P00200000
SidePut
Expiry16 Oct 2026
Strike200.00
Volume1008
OI627
IV0.35
ContractABBV260821C00275000
SideCall
Expiry21 Aug 2026
Strike275.00
Volume820
OI500
IV0.29
ContractABBV260807P00242500
SidePut
Expiry7 Aug 2026
Strike242.50
Volume653
OI12
IV0.28
ContractABBV260814P00135000
SidePut
Expiry14 Aug 2026
Strike135.00
Volume649
OI366
IV1.74
ContractABBV260821C00257500
SideCall
Expiry21 Aug 2026
Strike257.50
Volume486
OI607
IV0.28
Research Graph
Related research and context
Sharemaestro research
Related News
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.