Primary read
Volatility
Volatility expansion watch
Ticker Options Intelligence
BILL options intelligence
Bill Com Holdings Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
51
Market data through 29 Jul 2026
Checked 29 Jul 2026 22:56 · complete available chain
Volatility expansion watch
Volatility pressure
BILL currently carries volatility options pressure with a 51/100 conviction score. The nearest-chain expected move is 9.7%, with volume/open-interest participation at 0.19.
Expected move
9.7%
Wider near-term move priced
Activity / OI
0.19
Current volume is quieter versus prior open interest
Put-call
0.18
Call-side skew
Trend fit
0
Options are not fully confirming trend
Weekly backdrop
-2.7%
RS -10.6
Expected move
9.7%
Put-call volume
0.18
Volume / OI
0.19
Reference IV
1.10
Max pain
42.00
Underlying
43.51
Nearest expiry
31 Jul 2026
Contracts
450
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 pricing movement more than direction; compare expected move with the stock's actual weekly change.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $3.9M of estimated gross traded notional, calls · 46-90 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+76
1W price-2.7%
Call premium83%
Put premium17%
Notional split
C 83% / P 17%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.19
Volume divided by open interest across the visible chain.
Trend fit
0/100
Agreement between options pressure and Sharemaestro market context.
Event window
19 Aug
Matched earnings event is 21 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 · 46-90 days · OTM
calls cluster with 3605 contracts traded, $963295 estimated gross traded notional, and 25% of visible notional.
$963295
Calls · 0-7 days · ITM
calls cluster with 722 contracts traded, $863275 estimated gross traded notional, and 22% of visible notional.
$863275
Puts · 91+ days · ITM
puts cluster with 233 contracts traded, $386091 estimated gross traded notional, and 10% of visible notional.
$386091
Calls · 91+ days · ITM
calls cluster with 208 contracts traded, $324435 estimated gross traded notional, and 8% of visible notional.
$324435
Calls · 0-7 days · OTM
calls cluster with 4539 contracts traded, $296520 estimated gross traded notional, and 8% of visible notional.
$296520
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
High anomaly
Current options activity is unusually hot versus this ticker's stored history.
Volume rank100th
Volume/OI rank100th
IV rank100th
Market Context
Underlying confirmation
Close43.51
1W-2.7%
RS-10.6
Fair value-26.8%
Options pressure76
Speculation44
Volatility95
Trend fit0
Today Versus Normal
Stored-options context
30d avg 8.4% · 1 read
100th
90d avg 8.4% · 1 read
100th
180d avg 8.4% · 1 read
100th
30d avg 0.73 · 1 read
100th
90d avg 0.73 · 1 read
100th
180d avg 0.73 · 1 read
100th
30d avg 0.30 · 1 read
0th
90d avg 0.30 · 1 read
0th
180d avg 0.30 · 1 read
0th
30d avg 0.06 · 1 read
100th
90d avg 0.06 · 1 read
100th
180d avg 0.06 · 1 read
100th
Pressure Trail
Recent pressure and volatility
29 Jul 10:50
Volatility
Pressure 61
Move 8.4%
29 Jul 21:56
Volatility
Pressure 76
Move 9.7%
Strike Map
Where activity is clustering
Strike21.00
Calls · V 8 · OI 4
Puts · V 0 · OI 0
Strike26.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike29.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike30.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike32.00
Calls · V 0 · OI 0
Puts · V 10 · OI 10
Strike33.00
Calls · V 172 · OI 3
Puts · V 0 · OI 0
Strike34.00
Calls · V 202 · OI 9
Puts · V 10 · OI 2
Strike35.00
Calls · V 7 · OI 8
Puts · V 0 · OI 0
Term Structure
Expiration activity
Expiry31 Jul 2026
Contracts61
Avg IV1.10
Put-call0.10
Expiry7 Aug 2026
Contracts40
Avg IV0.79
Put-call2.28
Expiry14 Aug 2026
Contracts28
Avg IV0.67
Put-call2.63
Expiry21 Aug 2026
Contracts63
Avg IV0.85
Put-call0.27
Expiry28 Aug 2026
Contracts28
Avg IV0.81
Put-call8.44
Skew
Call/put IV balance
31 Jul 2026Put IV premium
Call IV1.03
Put IV1.12
Skew0.09
7 Aug 2026Put IV premium
Call IV0.64
Put IV1.15
Skew0.51
14 Aug 2026Put IV premium
Call IV0.60
Put IV0.99
Skew0.38
21 Aug 2026Put IV premium
Call IV0.87
Put IV1.03
Skew0.16
28 Aug 2026Balanced skew
Call IV0.81
Put IV0.84
Skew0.02
Contract Tape
Most active contracts
ContractBILL260814P00038000
SidePut
Expiry14 Aug 2026
Strike38.00
Volume-
OI-
IV1.21
ContractBILL260814P00037000
SidePut
Expiry14 Aug 2026
Strike37.00
Volume-
OI-
IV1.25
ContractBILL260918P00050000
SidePut
Expiry18 Sep 2026
Strike50.00
Volume-
OI151
IV0.69
ContractBILL280616C00055000
SideCall
Expiry16 Jun 2028
Strike55.00
Volume-
OI90
IV0.66
ContractBILL281215C00055000
SideCall
Expiry15 Dec 2028
Strike55.00
Volume-
OI90
IV0.66
ContractBILL260814P00048000
SidePut
Expiry14 Aug 2026
Strike48.00
Volume-
OI46
IV0.60
ContractBILL280616P00032500
SidePut
Expiry16 Jun 2028
Strike32.50
Volume-
OI21
IV0.63
ContractBILL261016C00047500
SideCall
Expiry16 Oct 2026
Strike47.50
Volume-
OI12
IV0.55
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.