Ticker Options Intelligence

DCO options intelligence

Ducommun Incorporated options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 39 Market data through 31 Jul 2026 Checked 2 Aug 2026 09:15 · complete available chain

Put-side pressure

Bearish pressure

DCO currently carries bearish options pressure with a 39/100 conviction score. The nearest-chain expected move is 12.8%, 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 Bearish

Put-side pressure

Expected move 12.8%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call 2.00

Put-side skew

Trend fit 66

Options agree with trend context

Weekly backdrop +0.9%

RS 37.7

Expected move 12.8%
Put-call volume 2.00
Volume / OI 0.00
Reference IV 0.67
Max pain 175.00
Underlying 179.02
Nearest expiry 21 Aug 2026
Contracts 308

Research Brief

DCO has a bearish chain read with 39/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 156.02–202.02; The largest call open-interest concentration is 190.00; the largest put concentration is 125.00. The most active strike by current volume is 155.00.

Priced range156.02–202.02
Call concentration190.00
Put concentration125.00
Max pain reference175.00
What would confirm it
  • Price remains weak while put-side concentration persists.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Price recovers while put pressure fades or reverses toward calls.
  • 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 156.02 to 202.02. Max pain at 175.00 sits inside that range, 2.2% below spot.

Spot Max pain
156.02179.02 ± 23.00202.02
Confirmation level

A close beyond 202.02 or below 156.02 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 39/100

Evidence alignment, not probability

Pressure is 26/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure26 × 42%
+11.0

How strongly activity leans toward calls or puts.

Participation8 × 22%
+1.8

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

Trend agreement66 × 26%
+17.3

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

Volatility87 × 10%
+8.7

The intensity of implied volatility and the priced move.

Reconstructed score38.7Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 190.00; the largest put concentration is 125.00. The most active strike by current volume is 155.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
3
125.00-30.2%
0
1
130.00-27.4%
0
1
135.00-24.6%
0
3
140.00-21.8%
0
1
145.00-19.0%
0
3
150.00-16.2%
0
1
155.00-13.4%
0
1
160.00-10.6%
0
1
170.00-5.0%
1
1
175.00-2.2%
2
0
180.000.5%
1
0
185.003.3%
1
0
190.006.1%
20
0
195.008.9%
12
2
200.0011.7%
7
0
210.0017.3%
2
0
220.0022.9%
1
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.23× front/back

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

0.67 21 Aug 21d
0.61 18 Sep 49d
0.59 20 Nov 112d
0.57 18 Dec 140d
0.54 19 Mar 231d

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.

145
150
155
160
165
170
175
180
185
190
195
200
210
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 directional observations

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

A100/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
308 / 308
  • 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

81/100
Primary intent Earnings/event positioning

Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.

Flow vs price divergence Bearish flow against rising price

Put-side pressure is building while price is rising, a cautionary divergence.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $1830 of estimated gross traded notional, puts · 46-90 days · otm, and a bearish flow against rising price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-26
1W price+0.9%
Call premium32%
Put premium68%
Notional split C 32% / P 68% 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 66/100 Agreement between options pressure and Sharemaestro market context.
Event window 6 Aug Matched earnings event is 4 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Conviction clusters Puts · 46-90 days · OTM
Puts · 46-90 days · OTM puts cluster with 2 contracts traded, $742 estimated gross traded notional, and 41% of visible notional.
$742
Calls · 46-90 days · OTM calls cluster with 1 contracts traded, $350 estimated gross traded notional, and 19% of visible notional.
$350
Puts · 8-21 days · OTM puts cluster with 1 contracts traded, $300 estimated gross traded notional, and 16% of visible notional.
$300
Calls · 91+ days · OTM calls cluster with 1 contracts traded, $228 estimated gross traded notional, and 12% of visible notional.
$228
Puts · 91+ days · OTM puts cluster with 1 contracts traded, $210 estimated gross traded notional, and 11% of visible notional.
$210

Setup Classification

Opportunity and risk frame

Context, not advice
Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Warning Event-risk setup

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

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

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

Sharemaestro weekly
Close179.02
1W+0.9%
RS37.7
Fair value+124.9%
Options pressure-26
Speculation8
Volatility87
Trend fit66

Today Versus Normal

Stored-options context

View history
Expected move 12.8% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.67 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 2.00 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.00 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:59 Bearish
Pressure -18
Move 12.2%
30 Jul 10:48 Bearish
Pressure -36
Move 12.3%
31 Jul 10:33 Volatility
Pressure 99
Move 13.8%
1 Aug 07:55 Bearish
Pressure -26
Move 12.8%
2 Aug 08:15 Bearish
Pressure -26
Move 12.8%

Strike Map

Where activity is clustering

Full strike map
Strike125.00
Calls · V 0 · OI 0
Puts · V 0 · OI 3
Strike130.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike135.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike140.00
Calls · V 0 · OI 0
Puts · V 0 · OI 3
Strike145.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike150.00
Calls · V 0 · OI 0
Puts · V 0 · OI 3
Strike155.00
Calls · V 0 · OI 0
Puts · V 1 · OI 1
Strike160.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts40
Avg IV0.67
Put-call-
Expiry18 Sep 2026
Contracts68
Avg IV0.61
Put-call2.00
Expiry20 Nov 2026
Contracts72
Avg IV0.59
Put-call1.00
Expiry18 Dec 2026
Contracts70
Avg IV0.57
Put-call-
Expiry19 Mar 2027
Contracts58
Avg IV0.54
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.64
Put IV0.68
Skew0.04
18 Sep 2026Balanced skew
Call IV0.59
Put IV0.62
Skew0.03
20 Nov 2026Put IV premium
Call IV0.55
Put IV0.62
Skew0.07
18 Dec 2026Put IV premium
Call IV0.52
Put IV0.59
Skew0.07
19 Mar 2027Balanced skew
Call IV0.50
Put IV0.55
Skew0.05

Contract Tape

Most active contracts

Full contract tape
ContractDCO260918C00220000
SideCall
Expiry18 Sep 2026
Strike220.00
Volume1
OI3
IV0.56
ContractDCO261120C00280000
SideCall
Expiry20 Nov 2026
Strike280.00
Volume1
OI2
IV0.55
ContractDCO261120P00100000
SidePut
Expiry20 Nov 2026
Strike100.00
Volume1
OI2
IV0.78
ContractDCO260821P00155000
SidePut
Expiry21 Aug 2026
Strike155.00
Volume1
OI1
IV0.71
ContractDCO260918P00150000
SidePut
Expiry18 Sep 2026
Strike150.00
Volume1
OI1
IV0.63
ContractDCO260918P00140000
SidePut
Expiry18 Sep 2026
Strike140.00
Volume1
OI1
IV0.65
ContractDCO260918C00180000
SideCall
Expiry18 Sep 2026
Strike180.00
Volume-
OI301
IV0.61
ContractDCO261120P00180000
SidePut
Expiry20 Nov 2026
Strike180.00
Volume-
OI206
IV0.58