Ticker Options Intelligence

WAB options intelligence

Westinghouse Air Brake Technologies Corp options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 43 Market data through 29 Jul 2026 Checked 30 Jul 2026 00:26 · complete available chain

Call-side pressure

Bullish pressure

WAB currently carries bullish options pressure with a 43/100 conviction score. The nearest-chain expected move is 5.3%, with volume/open-interest participation at 0.21.

Primary read Bullish

Call-side pressure

Expected move 5.3%

Near-term move context

Activity / OI 0.21

Current volume is quieter versus prior open interest

Put-call 0.47

Call-side skew

Trend fit 57

Options are not fully confirming trend

Weekly backdrop +15.4%

RS 21.7

Expected move 5.3%
Put-call volume 0.47
Volume / OI 0.21
Reference IV 0.29
Max pain 280.00
Underlying 302.50
Nearest expiry 21 Aug 2026
Contracts 127

Options Intent Radar

Call-heavy activity with trend alignment

82/100
Primary intent Call-heavy activity with trend alignment

Call concentration and the underlying trend align, but aggregate volume cannot establish whether calls were bought or sold.

Flow vs price divergence Bullish flow confirms price

Options pressure and weekly price action are pointing in the same constructive direction.

Why this matters

Call-heavy activity with trend alignment matters because it connects the options headline to the actual evidence: $690954 of estimated gross traded notional, calls · 91+ days · itm, and a bullish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+43
1W price+15.4%
Call premium84%
Put premium16%
Notional split C 84% / P 16% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.21 Volume divided by open interest across the visible chain.
Trend fit 57/100 Agreement between options pressure and Sharemaestro market context.
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 68 contracts traded, $303070 estimated gross traded notional, and 44% of visible notional.
$303070
Calls · 46-90 days · ITM calls cluster with 37 contracts traded, $117495 estimated gross traded notional, and 17% of visible notional.
$117495
Calls · 22-45 days · ITM calls cluster with 39 contracts traded, $107265 estimated gross traded notional, and 16% of visible notional.
$107265
Puts · 91+ days · ATM puts cluster with 23 contracts traded, $52430 estimated gross traded notional, and 8% of visible notional.
$52430
Puts · 46-90 days · OTM puts cluster with 34 contracts traded, $18324 estimated gross traded notional, and 3% of visible notional.
$18324

Setup Classification

Opportunity and risk frame

Context, not advice
Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Warning Bullish pressure over fair value

Call pressure is building while the stock sits above Sharemaestro fair value.

Activity Anomaly

High anomaly

100

Current options activity is unusually hot versus this ticker's stored history.

Volume rank100th
Volume/OI rank100th
IV rank100th

Market Context

Underlying confirmation

Sharemaestro weekly
Close302.50
1W+15.4%
RS21.7
Fair value+64.6%
Options pressure43
Speculation27
Volatility42
Trend fit57

Today Versus Normal

Stored-options context

View history
Expected move 5.3% muted
30d avg 5.3% · 1 read 0th
90d avg 5.3% · 1 read 0th
180d avg 5.3% · 1 read 0th
IV 0.29 elevated
30d avg 0.25 · 1 read 100th
90d avg 0.25 · 1 read 100th
180d avg 0.25 · 1 read 100th
Put-call 0.47 elevated
30d avg 0.29 · 1 read 100th
90d avg 0.29 · 1 read 100th
180d avg 0.29 · 1 read 100th
Volume/OI 0.21 elevated
30d avg 0.10 · 1 read 100th
90d avg 0.10 · 1 read 100th
180d avg 0.10 · 1 read 100th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:10 Bullish
Pressure 62
Move 5.3%
29 Jul 23:26 Bullish
Pressure 43
Move 5.3%

Strike Map

Where activity is clustering

Full strike map
Strike190.00
Calls · V 0 · OI 0
Puts · V 1 · OI 1
Strike200.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike220.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike230.00
Calls · V 0 · OI 0
Puts · V 1 · OI 43
Strike240.00
Calls · V 4 · OI 7
Puts · V 12 · OI 18
Strike250.00
Calls · V 6 · OI 24
Puts · V 1 · OI 11
Strike260.00
Calls · V 8 · OI 26
Puts · V 10 · OI 31
Strike270.00
Calls · V 2 · OI 23
Puts · V 6 · OI 23

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts25
Avg IV0.29
Put-call0.58
Expiry18 Sep 2026
Contracts15
Avg IV0.29
Put-call0.48
Expiry16 Oct 2026
Contracts44
Avg IV0.29
Put-call0.23
Expiry15 Jan 2027
Contracts43
Avg IV0.29
Put-call0.66

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.29
Put IV0.27
Skew-0.01
18 Sep 2026Balanced skew
Call IV0.28
Put IV0.27
Skew-0.01
16 Oct 2026Balanced skew
Call IV0.28
Put IV0.26
Skew-0.02
15 Jan 2027Balanced skew
Call IV0.29
Put IV0.26
Skew-0.03

Contract Tape

Most active contracts

Full contract tape
ContractWAB260918C00280000
SideCall
Expiry18 Sep 2026
Strike280.00
Volume-
OI6
IV0.35
ContractWAB261016C00175000
SideCall
Expiry16 Oct 2026
Strike175.00
Volume-
OI5
IV0.00
ContractWAB261016C00180000
SideCall
Expiry16 Oct 2026
Strike180.00
Volume-
OI4
IV0.00
ContractWAB260918C00240000
SideCall
Expiry18 Sep 2026
Strike240.00
Volume-
OI3
IV0.50
ContractWAB261016P00290000
SidePut
Expiry16 Oct 2026
Strike290.00
Volume-
OI2
IV0.26
ContractWAB270115P00220000
SidePut
Expiry15 Jan 2027
Strike220.00
Volume-
OI2
IV0.37
ContractWAB270115P00200000
SidePut
Expiry15 Jan 2027
Strike200.00
Volume-
OI2
IV0.43
ContractWAB260821P00220000
SidePut
Expiry21 Aug 2026
Strike220.00
Volume-
OI1
IV0.69