Ticker Options Intelligence

FBK options intelligence

FB Financial Corp options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 59 Market data through 31 Jul 2026 Checked 3 Aug 2026 12:45 · complete available chain

Call-side pressure

Bullish pressure

FBK currently carries bullish options pressure with a 59/100 conviction score. The nearest-chain expected move is 6.0%, with volume/open-interest participation at 2.62.

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

Call-side pressure

Expected move 6.0%

Near-term move context

Activity / OI 2.62

Current volume is elevated versus prior open interest

Put-call 0.00

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop +2.2%

RS 1.3

Expected move 6.0%
Put-call volume -
Volume / OI 2.62
Reference IV 0.30
Max pain 30.00
Underlying 60.38
Nearest expiry 21 Aug 2026
Contracts 92

Research Brief

FBK has a bullish chain read with 59/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 56.78–63.98; The largest call open-interest concentration is 60.00; the largest put concentration is 30.00. The most active strike by current volume is 60.00.

Priced range56.78–63.98
Call concentration60.00
Put concentration30.00
Max pain reference30.00
What would confirm it
  • Price holds or improves while call-side concentration remains elevated.
What would weaken it
  • 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

Size, not direction · through 21 Aug

Options imply 56.78 to 63.98. Max pain at 30.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
56.7860.38 ± 3.6063.98
Confirmation level

A close beyond 63.98 or below 56.78 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 59/100

Evidence alignment, not probability

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.

Participation59 × 22%
+12.9

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.

Volatility45 × 10%
+4.5

The intensity of implied volatility and the priced move.

Reconstructed score59.4Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 60.00; the largest put concentration is 30.00. The most active strike by current volume is 60.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
30.00-50.3%
0
0
35.00-42.0%
0
0
40.00-33.8%
0
0
45.00-25.5%
1
0
50.00-17.2%
0
0
55.00-8.9%
22
0
60.00-0.6%
29
0
65.007.7%
0
0
70.0015.9%
0
0
75.0024.2%
0
0
80.0032.5%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Positive gamma proxy

Reported Greeks · 89% coverage

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

Net profile+$17,831Delta change / 1% move
Positive peak60.00+$13,728
Negative peak75.00-$235
Nearest balance73.53Interpolated sign change
StrikeNegativePositiveNet / 1% move
30.00-50.3%
-$6
35.00-42.0%
-$23
40.00-33.8%
-$4
45.00-25.5%
-$7
55.00-8.9%
+$2,197
60.00-0.6%
+$13,728
65.007.7%
+$1,616
70.0015.9%
+$564
75.0024.2%
-$235
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

Balanced volatility curve

1.03× front/back

Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.

0.30 21 Aug 21d
0.25 18 Sep 49d
0.29 16 Oct 77d
0.29 15 Jan 168d

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.

50
55
60
65
70
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

High

A97/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
92 / 92
  • 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

Directional flow, confirmation needed

44/100
Primary intent Directional flow, confirmation needed

There is useful activity, but aggregate chain data does not isolate participant intent.

Flow vs price divergence Bullish flow confirms price

Options pressure and weekly price action are pointing in the same constructive direction.

Why this matters

Directional flow, confirmation needed matters because it connects the options headline to the actual evidence: $70,312 of estimated gross traded notional, calls · 91+ days · otm, and a bullish flow confirms 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+2.2%
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 2.62 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.
Conviction clusters Calls · 91+ days · OTM
Calls · 91+ days · OTM calls cluster with 250 contracts traded, $66,250 estimated gross traded notional, and 94% of visible notional.
$66,250
Calls · 46-90 days · ITM calls cluster with 4 contracts traded, $2,480 estimated gross traded notional, and 4% of visible notional.
$2,480
Calls · 8-21 days · ITM calls cluster with 2 contracts traded, $1,110 estimated gross traded notional, and 2% of visible notional.
$1,110
Calls · 8-21 days · ATM calls cluster with 3 contracts traded, $472 estimated gross traded notional, and 1% of visible notional.
$472

Setup Classification

Opportunity and risk frame

Context, not advice
Warning Speculative chase

Participation is active enough to treat follow-through risk carefully.

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Warning Bullish pressure over fair value

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

Sharemaestro weekly
Close60.38
1W+2.2%
RS1.3
Fair value+32.8%
Options pressure100
Speculation59
Volatility45
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 6.0% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.30 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.00 history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -
Volume/OI 2.62 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 10:56 Mixed
Pressure 9
Move 7.6%
30 Jul 10:46 Bullish
Pressure 100
Move 6.4%
31 Jul 13:25 Mixed
Pressure 9
Move 6.4%
31 Jul 14:50 Volatility
Pressure 83
Move 14.8%
31 Jul 15:58 Volatility
Pressure 83
Move 20.4%
31 Jul 16:55 Volatility
Pressure 83
Move 20.0%
3 Aug 11:45 Bullish
Pressure 100
Move 6.0%

Strike Map

Where activity is clustering

Full strike map
Strike30.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike35.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike40.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike45.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike50.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike55.00
Calls · V 2 · OI 22
Puts · V 0 · OI 0
Strike60.00
Calls · V 3 · OI 29
Puts · V 0 · OI 0
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts22
Avg IV0.30
Put-call-
Expiry18 Sep 2026
Contracts24
Avg IV0.25
Put-call-
Expiry16 Oct 2026
Contracts26
Avg IV0.29
Put-call-
Expiry15 Jan 2027
Contracts20
Avg IV0.29
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.13
Put IV0.40
Skew0.26
18 Sep 2026Put IV premium
Call IV0.08
Put IV0.34
Skew0.25
16 Oct 2026Put IV premium
Call IV0.30
Put IV0.38
Skew0.08
15 Jan 2027Balanced skew
Call IV0.29
Put IV0.34
Skew0.05

Contract Tape

Most active contracts

Full contract tape
ContractFBK270115C00065000
SideCall
Expiry15 Jan 2027
Strike65.00
Volume250
OI-
IV0.25
ContractFBK260918C00055000
SideCall
Expiry18 Sep 2026
Strike55.00
Volume4
OI-
IV0.29
ContractFBK260821C00060000
SideCall
Expiry21 Aug 2026
Strike60.00
Volume3
OI29
IV0.23
ContractFBK260821C00055000
SideCall
Expiry21 Aug 2026
Strike55.00
Volume2
OI22
IV0.23
ContractFBK261016C00065000
SideCall
Expiry16 Oct 2026
Strike65.00
Volume-
OI10
IV0.30
ContractFBK261016P00035000
SidePut
Expiry16 Oct 2026
Strike35.00
Volume-
OI9
IV0.44
ContractFBK261016C00060000
SideCall
Expiry16 Oct 2026
Strike60.00
Volume-
OI6
IV0.28
ContractFBK270115C00070000
SideCall
Expiry15 Jan 2027
Strike70.00
Volume-
OI5
IV0.29