Ticker Options Intelligence

JBLU options intelligence

JetBlue Airways Corp options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 51 Market data through 31 Jul 2026 Checked 31 Jul 2026 14:57 · complete available chain

Volatility expansion watch

Volatility pressure

JBLU currently carries volatility options pressure with a 51/100 conviction score. The nearest-chain expected move is 12.0%, with volume/open-interest participation at 0.01.

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

Volatility expansion watch

Expected move 12.0%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 3.76

Put-side skew

Trend fit 40

Options are not fully confirming trend

Weekly backdrop +14.4%

RS 10.0

Expected move 12.0%
Put-call volume 3.76
Volume / OI 0.01
Reference IV 2.86
Max pain 5.00
Underlying 5.27
Nearest expiry 31 Jul 2026
Contracts 273

Research Brief

JBLU has a volatility chain read with 51/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 4.64–5.90; The largest call open-interest concentration is 5.50; the largest put concentration is 5.00. The most active strike by current volume is 6.50.

Priced range4.64–5.90
Call concentration5.50
Put concentration5.00
Max pain reference5.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • Options and the weekly trend are not yet giving the same message.
  • 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 31 Jul

Options imply 4.64 to 5.90. Max pain at 5.00 sits inside that range, 5.1% below spot.

Spot Max pain
4.645.27 ± 0.635.90
Confirmation level

A close beyond 5.90 or below 4.64 at the 31 Jul 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 51/100

Evidence alignment, not probability

Pressure is 57/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure57 × 42%
+24.1

How strongly activity leans toward calls or puts.

Participation32 × 22%
+7.1

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

Trend agreement40 × 26%
+10.5

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

Volatility96 × 10%
+9.6

The intensity of implied volatility and the priced move.

Reconstructed score51.3Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 5.50; the largest put concentration is 5.00. The most active strike by current volume is 6.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
4
0.50-90.5%
138
26
1.00-81.0%
2347
0
1.50-71.5%
54
0
2.00-62.0%
24
14
2.50-52.6%
14
0
3.00-43.1%
10
20
3.50-33.6%
113
262
4.00-24.1%
275
2272
4.50-14.6%
102
8204
5.00-5.1%
4329
3370
5.504.4%
13623
651
6.0013.9%
7089
18
6.5023.3%
4520
3
7.0032.8%
729
9
7.5042.3%
188
1
8.0051.8%
116
0
8.5061.3%
8
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

3.77× front/back

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

2.86 31 Jul 0d
1.10 7 Aug 7d
0.83 14 Aug 14d
0.79 21 Aug 21d
0.84 28 Aug 28d
0.96 4 Sep 35d
0.77 18 Sep 49d
0.72 18 Dec 140d

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.

5
5
6
6
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 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

A100/100
Retained chain100%
Implied volatility99%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
273 / 273
  • 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

87/100
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 Volatility flow versus price

Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $913161 of estimated gross traded notional, puts · 91+ days · otm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-57
1W price+14.4%
Call premium33%
Put premium67%
Notional split C 33% / P 67% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.01 Volume divided by open interest across the visible chain.
Trend fit 40/100 Agreement between options pressure and Sharemaestro market context.
Event window 4 Aug Matched earnings event is 3 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 · 91+ days · OTM
Puts · 91+ days · OTM puts cluster with 7270 contracts traded, $495657 estimated gross traded notional, and 54% of visible notional.
$495657
Calls · 91+ days · ITM calls cluster with 453 contracts traded, $133426 estimated gross traded notional, and 15% of visible notional.
$133426
Puts · 91+ days · ITM puts cluster with 194 contracts traded, $58478 estimated gross traded notional, and 6% of visible notional.
$58478
Calls · 91+ days · OTM calls cluster with 569 contracts traded, $44821 estimated gross traded notional, and 5% of visible notional.
$44821
Calls · 22-45 days · ITM calls cluster with 132 contracts traded, $38468 estimated gross traded notional, and 4% of visible notional.
$38468

Setup Classification

Opportunity and risk frame

Context, not advice
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.

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
Close6.03
1W+14.4%
RS10.0
Fair value+10.0%
Options pressure-57
Speculation32
Volatility96
Trend fit40

Today Versus Normal

Stored-options context

View history
Expected move 12.0% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 2.86 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 3.76 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.01 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 11:00 Volatility
Pressure 26
Move 10.9%
30 Jul 10:49 Volatility
Pressure -39
Move 6.2%
31 Jul 10:33 Volatility
Pressure 52
Move 11.4%
31 Jul 13:57 Volatility
Pressure -57
Move 12.0%

Strike Map

Where activity is clustering

Full strike map
Strike0.50
Calls · V 7 · OI 138
Puts · V 1 · OI 4
Strike1.00
Calls · V 10 · OI 2347
Puts · V 7 · OI 26
Strike1.50
Calls · V 5 · OI 54
Puts · V 0 · OI 0
Strike2.00
Calls · V 3 · OI 24
Puts · V 0 · OI 0
Strike2.50
Calls · V 2 · OI 14
Puts · V 3 · OI 14
Strike3.00
Calls · V 7 · OI 10
Puts · V 0 · OI 0
Strike3.50
Calls · V 3 · OI 113
Puts · V 3 · OI 20
Strike4.00
Calls · V 5 · OI 275
Puts · V 10 · OI 262

Term Structure

Expiration activity

Volume and IV
Expiry31 Jul 2026
Contracts35
Avg IV2.86
Put-call0.18
Expiry7 Aug 2026
Contracts30
Avg IV1.10
Put-call1.51
Expiry14 Aug 2026
Contracts27
Avg IV0.83
Put-call4.96
Expiry21 Aug 2026
Contracts26
Avg IV0.79
Put-call1.86
Expiry28 Aug 2026
Contracts21
Avg IV0.84
Put-call1.79

Skew

Call/put IV balance

OTM demand
31 Jul 2026Put IV premium
Call IV1.63
Put IV1.88
Skew0.25
7 Aug 2026Put IV premium
Call IV0.84
Put IV1.25
Skew0.41
14 Aug 2026Balanced skew
Call IV0.80
Put IV0.85
Skew0.05
21 Aug 2026Balanced skew
Call IV0.76
Put IV0.77
Skew0.02
28 Aug 2026Call IV premium
Call IV0.76
Put IV0.67
Skew-0.09

Contract Tape

Most active contracts

Full contract tape
ContractJBLU260807P00008500
SidePut
Expiry7 Aug 2026
Strike8.50
Volume-
OI-
IV2.73
ContractJBLU260821P00003500
SidePut
Expiry21 Aug 2026
Strike3.50
Volume-
OI18
IV1.39
ContractJBLU260828C00002000
SideCall
Expiry28 Aug 2026
Strike2.00
Volume-
OI2
IV2.22
ContractJBLU260821P00001000
SidePut
Expiry21 Aug 2026
Strike1.00
Volume-
OI1
IV3.91
ContractJBLU260814C00003500
SideCall
Expiry14 Aug 2026
Strike3.50
Volume-
OI1
IV1.53
ContractJBLU260821C00010000
SideCall
Expiry21 Aug 2026
Strike10.00
Volume-
OI1
IV1.12
ContractJBLU260807P00009500
SidePut
Expiry7 Aug 2026
Strike9.50
Volume-
OI-
IV3.90
ContractJBLU280616P00003000
SidePut
Expiry16 Jun 2028
Strike3.00
Volume6020
OI6281
IV0.83