Primary read
Bearish
Put-side pressure
Ticker Options Intelligence
IBP options intelligence
Installed Building Products Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
59
Market data through 31 Jul 2026
Checked 31 Jul 2026 14:35 · complete available chain
Put-side pressure
Bearish pressure
IBP currently carries bearish options pressure with a 59/100 conviction score. The nearest-chain expected move is 14.2%, with volume/open-interest participation at 0.66.
Expected move
14.2%
Wider near-term move priced
Activity / OI
0.66
Current volume is elevated versus prior open interest
Put-call
3.07
Put-side skew
Trend fit
81
Options agree with trend context
Weekly backdrop
-0.5%
RS -19.5
Expected move
14.2%
Put-call volume
3.07
Volume / OI
0.66
Reference IV
0.04
Max pain
200.00
Underlying
227.43
Nearest expiry
21 Aug 2026
Contracts
111
Research Brief
IBP has a bearish chain read with 59/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 195.03–259.83; The largest call open-interest concentration is 260.00; the largest put concentration is 190.00. The most active strike by current volume is 190.00.
Priced range195.03–259.83
Call concentration260.00
Put concentration190.00
Max pain reference200.00
- Price remains weak while put-side concentration persists.
- The current chain read already agrees with the stored weekly trend context.
- Price recovers while put pressure fades or reverses toward calls.
- Front-expiry volatility is rich, so the signal may be event-driven and vulnerable to volatility compression.
Priced Move
Where the chain says movement becomes exceptional
Options imply 195.03 to 259.83. Max pain at 200.00 sits inside that range, 12.1% below spot.
Spot
Max pain
195.03227.43 ± 32.40259.83
Confirmation level
A close beyond 259.83 or below 195.03 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 59/100
Pressure is 61/100 toward puts; conviction uses its strength, while the signal label carries its direction.
Directional pressure61 × 42%
+25.5
How strongly activity leans toward calls or puts.
Participation39 × 22%
+8.6
Volume relative to existing open interest and contract-level activity.
Trend agreement81 × 26%
+20.9
How closely the chain read agrees with the underlying trend backdrop.
Volatility43 × 10%
+4.3
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
The largest call open-interest concentration is 260.00; the largest put concentration is 190.00. The most active strike by current volume is 190.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
4
155.00-31.8%
0
4
160.00-29.6%
0
2
165.00-27.5%
0
2
170.00-25.3%
0
6
175.00-23.1%
0
2
185.00-18.7%
0
28
190.00-16.5%
0
28
195.00-14.3%
0
1
200.00-12.1%
10
1
210.00-7.7%
2
2
220.00-3.3%
1
0
230.001.1%
10
0
240.005.5%
2
0
250.009.9%
8
0
260.0014.3%
33
0
270.0018.7%
26
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Front-loaded volatility
Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.
0.04
21 Aug
21d
0.12
18 Sep
49d
0.40
18 Dec
140d
0.03
19 Mar
231d
Volatility by Strike
Balanced wings
Comparable upside calls and downside puts carry broadly similar implied volatility.
185
190
195
200
210
220
230
240
250
260
270
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
Forward validation is building. The earliest eligible stored read expires 21 Aug 2026; its result will appear after the matched closing reference is stored.
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
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 111 / 111
- 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
Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.
Put-side pressure is present before a decisive weekly price breakdown.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $1.3M of estimated gross traded notional, puts · 91+ days · itm, and a bearish 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-61
1W price-0.5%
Call premium10%
Put premium90%
Notional split
C 10% / P 90%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.66
Volume divided by open interest across the visible chain.
Trend fit
81/100
Agreement between options pressure and Sharemaestro market context.
Event window
6 Aug
Matched earnings event is 6 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 203 contracts traded, $750637 estimated gross traded notional, and 60% of visible notional.
$750637
Puts · 46-90 days · ITM
puts cluster with 33 contracts traded, $298168 estimated gross traded notional, and 24% of visible notional.
$298168
Calls · 46-90 days · OTM
calls cluster with 40 contracts traded, $48920 estimated gross traded notional, and 4% of visible notional.
$48920
Calls · 91+ days · OTM
calls cluster with 34 contracts traded, $40391 estimated gross traded notional, and 3% of visible notional.
$40391
Puts · 8-21 days · OTM
puts cluster with 56 contracts traded, $30640 estimated gross traded notional, and 2% of visible notional.
$30640
Setup Classification
Opportunity and risk frame
Positioning agrees with the Sharemaestro trend backdrop.
Participation is active enough to treat follow-through risk carefully.
Expected move or upcoming earnings makes the setup more event-sensitive.
Activity Anomaly
Warming up
3 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 3 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close227.43
1W-0.5%
RS-19.5
Fair value+7.9%
Options pressure-61
Speculation39
Volatility43
Trend fit81
Today Versus Normal
Stored-options context
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 1/10 sessions
-
90d avg - · 1/30 sessions
-
180d avg - · 1/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:37
Mixed
Pressure -8
Move 14.4%
30 Jul 10:34
Volatility
Pressure -100
Move 13.9%
31 Jul 11:59
Mixed
Pressure -8
Move 13.2%
31 Jul 13:35
Bearish
Pressure -61
Move 14.2%
Strike Map
Where activity is clustering
Strike155.00
Calls · V 0 · OI 0
Puts · V 0 · OI 4
Strike160.00
Calls · V 0 · OI 0
Puts · V 0 · OI 4
Strike165.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike170.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike175.00
Calls · V 0 · OI 0
Puts · V 1 · OI 6
Strike185.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike190.00
Calls · V 0 · OI 0
Puts · V 26 · OI 28
Strike195.00
Calls · V 0 · OI 0
Puts · V 26 · OI 28
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts19
Avg IV0.04
Put-call1.70
Expiry18 Sep 2026
Contracts54
Avg IV0.12
Put-call1.58
Expiry18 Dec 2026
Contracts37
Avg IV0.40
Put-call6.03
Expiry19 Mar 2027
Contracts1
Avg IV0.03
Put-call-
Skew
Call/put IV balance
21 Aug 2026Balanced skew
Call IV0.06
Put IV0.03
Skew-0.03
18 Sep 2026Balanced skew
Call IV0.03
Put IV0.02
Skew-0.02
18 Dec 2026Put IV premium
Call IV0.56
Put IV0.78
Skew0.22
19 Mar 2027Incomplete skew
Call IV-
Put IV0.03
Skew-
Contract Tape
Most active contracts
ContractIBP260821C00270000
SideCall
Expiry21 Aug 2026
Strike270.00
Volume-
OI26
IV0.13
ContractIBP261218P00300000
SidePut
Expiry18 Dec 2026
Strike300.00
Volume-
OI11
IV0.91
ContractIBP261218C00310000
SideCall
Expiry18 Dec 2026
Strike310.00
Volume-
OI10
IV0.54
ContractIBP261218P00310000
SidePut
Expiry18 Dec 2026
Strike310.00
Volume-
OI10
IV0.93
ContractIBP260821C00200000
SideCall
Expiry21 Aug 2026
Strike200.00
Volume-
OI10
IV0.00
ContractIBP260918P00230000
SidePut
Expiry18 Sep 2026
Strike230.00
Volume-
OI6
IV0.85
ContractIBP260918P00155000
SidePut
Expiry18 Sep 2026
Strike155.00
Volume-
OI5
IV1.01
ContractIBP260821P00160000
SidePut
Expiry21 Aug 2026
Strike160.00
Volume-
OI4
IV1.06
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.