Ticker Options Intelligence

AVA options intelligence

Avista Corporation options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 43 Market data through 30 Jul 2026 Checked 30 Jul 2026 17:28 · complete available chain

Call-side pressure

Bullish pressure

AVA currently carries bullish options pressure with a 43/100 conviction score. The nearest-chain expected move is 8.6%, with volume/open-interest participation at 0.09.

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

Call-side pressure

Expected move 8.6%

Wider near-term move priced

Activity / OI 0.09

Current volume is quieter versus prior open interest

Put-call 0.29

Call-side skew

Trend fit 35

Options are not fully confirming trend

Weekly backdrop +0.6%

RS -0.1

Expected move 8.6%
Put-call volume 0.29
Volume / OI 0.09
Reference IV 0.47
Max pain 40.00
Underlying 42.05
Nearest expiry 21 Aug 2026
Contracts 30

Research Brief

AVA has a bullish chain read with 43/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 38.42–45.68; The largest call open-interest concentration is 45.00; the largest put concentration is 40.00. The most active strike by current volume is 45.00.

Priced range38.42–45.68
Call concentration45.00
Put concentration40.00
Max pain reference40.00
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 38.42 to 45.68. Max pain at 40.00 sits inside that range, 4.9% below spot.

Spot Max pain
38.4242.05 ± 3.6345.68
Confirmation level

A close beyond 45.68 or below 38.42 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 43/100

Evidence alignment, not probability

Pressure is 55/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure55 × 42%
+23.2

How strongly activity leans toward calls or puts.

Participation18 × 22%
+4.0

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

Trend agreement35 × 26%
+9.2

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

Volatility68 × 10%
+6.8

The intensity of implied volatility and the priced move.

Reconstructed score43.1Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 45.00; the largest put concentration is 40.00. The most active strike by current volume is 45.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
36
35.00-16.8%
0
68
40.00-4.9%
11
0
45.007.0%
73
0
50.0018.9%
1
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

0.97× front/back

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

0.47 21 Aug 22d
0.52 18 Sep 50d
0.42 18 Dec 141d
0.49 19 Mar 232d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

Comparable upside calls and downside puts carry broadly similar implied volatility.

35
40
45
50
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 directional observations

No independently verifiable option-expiry outcomes have matured yet. Legacy snapshots without a point-in-time market reference and repeated same-session snapshots are deliberately excluded.

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

A96/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
30 Jul 2026
Calculation
v1.x legacy
Contracts
30 / 30
  • 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

75/100
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 Bullish flow before price confirmation

Call-side pressure is building before a meaningful weekly price response.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $28106 of estimated gross traded notional, calls · 91+ days · itm, and a bullish flow before price confirmation backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+55
1W price+0.6%
Call premium75%
Put premium25%
Notional split C 75% / P 25% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.09 Volume divided by open interest across the visible chain.
Trend fit 35/100 Agreement between options pressure and Sharemaestro market context.
Event window 3 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 Calls · 91+ days · ITM
Calls · 91+ days · ITM calls cluster with 27 contracts traded, $12508 estimated gross traded notional, and 45% of visible notional.
$12508
Calls · 46-90 days · ITM calls cluster with 5 contracts traded, $4009 estimated gross traded notional, and 14% of visible notional.
$4009
Puts · 91+ days · ITM puts cluster with 2 contracts traded, $3900 estimated gross traded notional, and 14% of visible notional.
$3900
Calls · 91+ days · OTM calls cluster with 52 contracts traded, $3435 estimated gross traded notional, and 12% of visible notional.
$3435
Puts · 46-90 days · ITM puts cluster with 2 contracts traded, $1700 estimated gross traded notional, and 6% of visible notional.
$1700

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

-

2 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.

Baseline: 2 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close42.05
1W+0.6%
RS-0.1
Fair value+19.6%
Options pressure55
Speculation18
Volatility68
Trend fit35

Today Versus Normal

Stored-options context

View history
Expected move 8.6% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 0.47 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 0.29 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.09 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:51 Bearish
Pressure -28
Move 7.4%
30 Jul 04:30 Bullish
Pressure 98
Move 6.9%
30 Jul 16:28 Bullish
Pressure 55
Move 8.6%

Strike Map

Where activity is clustering

Full strike map
Strike35.00
Calls · V 0 · OI 0
Puts · V 2 · OI 36
Strike40.00
Calls · V 1 · OI 11
Puts · V 1 · OI 68
Strike45.00
Calls · V 7 · OI 73
Puts · V 0 · OI 0
Strike50.00
Calls · V 1 · OI 1
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts5
Avg IV0.47
Put-call0.33
Expiry18 Sep 2026
Contracts10
Avg IV0.52
Put-call0.07
Expiry18 Dec 2026
Contracts11
Avg IV0.42
Put-call0.47
Expiry19 Mar 2027
Contracts4
Avg IV0.49
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.32
Put IV0.30
Skew-0.02
18 Sep 2026Put IV premium
Call IV0.23
Put IV0.72
Skew0.48
18 Dec 2026Put IV premium
Call IV0.23
Put IV0.47
Skew0.24
19 Mar 2027Incomplete skew
Call IV-
Put IV-
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractAVA260918P00045000
SidePut
Expiry18 Sep 2026
Strike45.00
Volume-
OI2
IV0.56
ContractAVA270319P00050000
SidePut
Expiry19 Mar 2027
Strike50.00
Volume-
OI2
IV0.41
ContractAVA270319C00030000
SideCall
Expiry19 Mar 2027
Strike30.00
Volume-
OI2
IV0.63
ContractAVA261218C00022500
SideCall
Expiry18 Dec 2026
Strike22.50
Volume-
OI-
IV0.00
ContractAVA260918P00030000
SidePut
Expiry18 Sep 2026
Strike30.00
Volume-
OI-
IV0.67
ContractAVA261218C00030000
SideCall
Expiry18 Dec 2026
Strike30.00
Volume-
OI-
IV0.00
ContractAVA260918C00045000
SideCall
Expiry18 Sep 2026
Strike45.00
Volume50
OI445
IV0.23
ContractAVA261218C00045000
SideCall
Expiry18 Dec 2026
Strike45.00
Volume50
OI316
IV0.23