Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
ALT options intelligence
Altimmune Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
41
Market data through 29 Jul 2026
Checked 30 Jul 2026 00:30 · complete available chain
Call-side pressure
Bullish pressure
ALT currently carries bullish options pressure with a 41/100 conviction score. The nearest-chain expected move is 5.4%, with volume/open-interest participation at 0.05.
Expected move
5.4%
Near-term move context
Activity / OI
0.05
Current volume is quieter versus prior open interest
Put-call
0.47
Call-side skew
Trend fit
16
Options are not fully confirming trend
Weekly backdrop
-3.5%
RS -32.7
Expected move
5.4%
Put-call volume
0.47
Volume / OI
0.05
Reference IV
2.26
Max pain
0.50
Underlying
2.77
Nearest expiry
31 Jul 2026
Contracts
189
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: $725882 of estimated gross traded notional, puts · 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+47
1W price-3.5%
Call premium59%
Put premium41%
Notional split
C 59% / P 41%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.05
Volume divided by open interest across the visible chain.
Trend fit
16/100
Agreement between options pressure and Sharemaestro market context.
Event window
11 Aug
Matched earnings event is 12 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Puts · 91+ days · ITM
puts cluster with 336 contracts traded, $232954 estimated gross traded notional, and 32% of visible notional.
$232954
Calls · 91+ days · OTM
calls cluster with 3587 contracts traded, $212895 estimated gross traded notional, and 29% of visible notional.
$212895
Calls · 91+ days · ITM
calls cluster with 437 contracts traded, $94084 estimated gross traded notional, and 13% of visible notional.
$94084
Calls · 22-45 days · ITM
calls cluster with 309 contracts traded, $69316 estimated gross traded notional, and 10% of visible notional.
$69316
Calls · 8-21 days · ITM
calls cluster with 140 contracts traded, $23300 estimated gross traded notional, and 3% of visible notional.
$23300
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
Quiet tape
Activity is muted versus this ticker's stored history.
Volume rank0th
Volume/OI rank0th
IV rank0th
Market Context
Underlying confirmation
Close2.77
1W-3.5%
RS-32.7
Fair value-49.7%
Options pressure47
Speculation41
Volatility78
Trend fit16
Today Versus Normal
Stored-options context
30d avg 8.1% · 1 read
0th
90d avg 8.1% · 1 read
0th
180d avg 8.1% · 1 read
0th
30d avg 2.57 · 1 read
0th
90d avg 2.57 · 1 read
0th
180d avg 2.57 · 1 read
0th
30d avg 0.09 · 1 read
100th
90d avg 0.09 · 1 read
100th
180d avg 0.09 · 1 read
100th
30d avg 0.06 · 1 read
0th
90d avg 0.06 · 1 read
0th
180d avg 0.06 · 1 read
0th
Pressure Trail
Recent pressure and volatility
29 Jul 11:22
Volatility
Pressure 96
Move 8.1%
29 Jul 23:30
Bullish
Pressure 47
Move 5.4%
Strike Map
Where activity is clustering
Strike0.50
Calls · V 10 · OI 1668
Puts · V 2 · OI 4
Strike1.00
Calls · V 10 · OI 235
Puts · V 1 · OI 13
Strike1.50
Calls · V 1 · OI 150
Puts · V 2 · OI 31
Strike2.00
Calls · V 1 · OI 61
Puts · V 2 · OI 15
Strike2.50
Calls · V 1 · OI 7
Puts · V 2 · OI 26
Strike3.00
Calls · V 73 · OI 923
Puts · V 200 · OI 51
Strike3.50
Calls · V 3 · OI 597
Puts · V 3 · OI 6
Strike4.00
Calls · V 0 · OI 2
Puts · V 2 · OI 3
Term Structure
Expiration activity
Expiry31 Jul 2026
Contracts21
Avg IV2.26
Put-call2.20
Expiry7 Aug 2026
Contracts20
Avg IV2.99
Put-call1.62
Expiry14 Aug 2026
Contracts11
Avg IV2.78
Put-call5.45
Expiry21 Aug 2026
Contracts21
Avg IV1.29
Put-call1.22
Expiry28 Aug 2026
Contracts7
Avg IV2.66
Put-call0.20
Skew
Call/put IV balance
31 Jul 2026Put IV premium
Call IV0.78
Put IV1.53
Skew0.75
7 Aug 2026Put IV premium
Call IV0.96
Put IV1.06
Skew0.10
14 Aug 2026Put IV premium
Call IV0.63
Put IV5.42
Skew4.79
21 Aug 2026Call IV premium
Call IV0.79
Put IV0.55
Skew-0.24
28 Aug 2026Put IV premium
Call IV0.84
Put IV5.94
Skew5.10
Contract Tape
Most active contracts
ContractALT260807C00004000
SideCall
Expiry7 Aug 2026
Strike4.00
Volume-
OI321
IV1.80
ContractALT261218P00003500
SidePut
Expiry18 Dec 2026
Strike3.50
Volume-
OI15
IV0.75
ContractALT270319P00002000
SidePut
Expiry19 Mar 2027
Strike2.00
Volume-
OI12
IV1.54
ContractALT261218P00006000
SidePut
Expiry18 Dec 2026
Strike6.00
Volume-
OI6
IV0.92
ContractALT261218P00001500
SidePut
Expiry18 Dec 2026
Strike1.50
Volume-
OI5
IV3.72
ContractALT260821P00004500
SidePut
Expiry21 Aug 2026
Strike4.50
Volume-
OI2
IV1.97
ContractALT280121P00001500
SidePut
Expiry21 Jan 2028
Strike1.50
Volume-
OI2
IV-
ContractALT260731C00004000
SideCall
Expiry31 Jul 2026
Strike4.00
Volume-
OI2
IV2.41
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.