Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
WU options intelligence
Western Union Co options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
37
Market data through 29 Jul 2026
Checked 30 Jul 2026 01:58 · complete available chain
Call-side pressure
Bullish pressure
WU currently carries bullish options pressure with a 37/100 conviction score. The nearest-chain expected move is 8.8%, with volume/open-interest participation at 0.02.
Expected move
8.8%
Wider near-term move priced
Activity / OI
0.02
Current volume is quieter versus prior open interest
Put-call
0.27
Call-side skew
Trend fit
8
Options are not fully confirming trend
Weekly backdrop
-7.4%
RS -8.0
Expected move
8.8%
Put-call volume
0.27
Volume / OI
0.02
Reference IV
0.39
Max pain
8.00
Underlying
8.22
Nearest expiry
21 Aug 2026
Contracts
168
Options Intent Radar
Earnings/event positioning
Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.
Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $139125 of estimated gross traded notional, calls · 91+ days · itm, 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+66
1W price-7.4%
Call premium66%
Put premium34%
Notional split
C 66% / P 34%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.02
Volume divided by open interest across the visible chain.
Trend fit
8/100
Agreement between options pressure and Sharemaestro market context.
Event window
30 Jul
Matched earnings event is 0 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Calls · 91+ days · ITM
calls cluster with 289 contracts traded, $45918 estimated gross traded notional, and 33% of visible notional.
$45918
Puts · 46-90 days · ITM
puts cluster with 190 contracts traded, $31775 estimated gross traded notional, and 23% of visible notional.
$31775
Calls · 22-45 days · OTM
calls cluster with 1321 contracts traded, $16370 estimated gross traded notional, and 12% of visible notional.
$16370
Calls · 22-45 days · ITM
calls cluster with 284 contracts traded, $12070 estimated gross traded notional, and 9% of visible notional.
$12070
Calls · 46-90 days · ITM
calls cluster with 181 contracts traded, $10752 estimated gross traded notional, and 8% of visible notional.
$10752
Setup Classification
Opportunity and risk frame
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Options positioning is not confirming the underlying trend context.
Activity Anomaly
Above normal
Activity is running above the recent historical baseline.
Volume rank100th
Volume/OI rank100th
IV rank0th
Market Context
Underlying confirmation
Close8.22
1W-7.4%
RS-8.0
Fair value-9.1%
Options pressure66
Speculation3
Volatility63
Trend fit8
Today Versus Normal
Stored-options context
30d avg 9.7% · 1 read
0th
90d avg 9.7% · 1 read
0th
180d avg 9.7% · 1 read
0th
30d avg 0.47 · 1 read
0th
90d avg 0.47 · 1 read
0th
180d avg 0.47 · 1 read
0th
30d avg 0.58 · 1 read
0th
90d avg 0.58 · 1 read
0th
180d avg 0.58 · 1 read
0th
30d avg 0.02 · 1 read
100th
90d avg 0.02 · 1 read
100th
180d avg 0.02 · 1 read
100th
Pressure Trail
Recent pressure and volatility
29 Jul 10:57
Bullish
Pressure 35
Move 9.7%
30 Jul 00:58
Bullish
Pressure 66
Move 8.8%
Strike Map
Where activity is clustering
Strike2.00
Calls · V 0 · OI 2
Puts · V 0 · OI 0
Strike3.00
Calls · V 0 · OI 1
Puts · V 2 · OI 0
Strike4.00
Calls · V 0 · OI 7
Puts · V 0 · OI 5
Strike5.00
Calls · V 0 · OI 1
Puts · V 0 · OI 6
Strike6.00
Calls · V 0 · OI 1858
Puts · V 1 · OI 81
Strike7.00
Calls · V 0 · OI 1371
Puts · V 24 · OI 1560
Strike8.00
Calls · V 284 · OI 10878
Puts · V 218 · OI 5362
Strike9.00
Calls · V 1306 · OI 24630
Puts · V 7 · OI 1575
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts34
Avg IV0.39
Put-call0.16
Expiry18 Sep 2026
Contracts32
Avg IV0.48
Put-call1.43
Expiry20 Nov 2026
Contracts34
Avg IV0.44
Put-call0.95
Expiry15 Jan 2027
Contracts26
Avg IV0.42
Put-call0.01
Expiry19 Feb 2027
Contracts28
Avg IV0.42
Put-call0.50
Skew
Call/put IV balance
21 Aug 2026Call IV premium
Call IV0.49
Put IV0.43
Skew-0.06
18 Sep 2026Balanced skew
Call IV0.43
Put IV0.43
Skew-
20 Nov 2026Put IV premium
Call IV0.38
Put IV0.46
Skew0.09
15 Jan 2027Put IV premium
Call IV0.37
Put IV0.46
Skew0.10
19 Feb 2027Put IV premium
Call IV0.36
Put IV0.51
Skew0.16
Contract Tape
Most active contracts
ContractWU260821C00009000
SideCall
Expiry21 Aug 2026
Strike9.00
Volume1306
OI24630
IV0.49
ContractWU260821C00008000
SideCall
Expiry21 Aug 2026
Strike8.00
Volume284
OI10878
IV0.46
ContractWU280121C00007000
SideCall
Expiry21 Jan 2028
Strike7.00
Volume258
OI2478
IV0.19
ContractWU260821P00008000
SidePut
Expiry21 Aug 2026
Strike8.00
Volume218
OI5362
IV0.43
ContractWU260918C00008000
SideCall
Expiry18 Sep 2026
Strike8.00
Volume170
OI1603
IV0.41
ContractWU260918P00008000
SidePut
Expiry18 Sep 2026
Strike8.00
Volume141
OI2296
IV0.47
ContractWU270115C00009000
SideCall
Expiry15 Jan 2027
Strike9.00
Volume103
OI7479
IV0.32
ContractWU260918P00010000
SidePut
Expiry18 Sep 2026
Strike10.00
Volume100
OI303
IV0.63
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
No recent market-watch posts yet.
Earnings
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.