Ticker Options Intelligence

MAA options intelligence

Mid-America Apartment Communities Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 42 Market data through 31 Jul 2026 Checked 31 Jul 2026 18:48 · complete available chain

Put-side pressure

Bearish pressure

MAA currently carries bearish options pressure with a 42/100 conviction score. The nearest-chain expected move is 4.9%, with volume/open-interest participation at 0.07.

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

Put-side pressure

Expected move 4.9%

Near-term move context

Activity / OI 0.07

Current volume is quieter versus prior open interest

Put-call 2.28

Put-side skew

Trend fit 64

Options agree with trend context

Weekly backdrop -1.2%

RS -7.8

Expected move 4.9%
Put-call volume 2.28
Volume / OI 0.07
Reference IV 0.35
Max pain 130.00
Underlying 133.88
Nearest expiry 21 Aug 2026
Contracts 81

Research Brief

MAA has a bearish chain read with 42/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 127.38–140.38; The largest call open-interest concentration is 145.00; the largest put concentration is 120.00. The most active strike by current volume is 145.00.

Priced range127.38–140.38
Call concentration145.00
Put concentration120.00
Max pain reference130.00
What would confirm it
  • Price remains weak while put-side concentration persists.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • 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

Size, not direction · through 21 Aug

Options imply 127.38 to 140.38. Max pain at 130.00 sits inside that range, 2.9% below spot.

Spot Max pain
127.38133.88 ± 6.50140.38
Confirmation level

A close beyond 140.38 or below 127.38 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 42/100

Evidence alignment, not probability

Pressure is 43/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure43 × 42%
+18.0

How strongly activity leans toward calls or puts.

Participation14 × 22%
+3.0

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

Trend agreement64 × 26%
+16.8

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

Volatility44 × 10%
+4.4

The intensity of implied volatility and the priced move.

Reconstructed score42.1Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 145.00; the largest put concentration is 120.00. The most active strike by current volume is 145.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
5
110.00-17.8%
0
8
115.00-14.1%
0
117
120.00-10.4%
3
37
125.00-6.6%
0
57
130.00-2.9%
28
19
135.000.8%
109
8
140.004.6%
82
0
145.008.3%
319
0
150.0012.0%
59
0
155.0015.8%
57
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.36× front/back

Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.

0.35 21 Aug 21d
0.30 18 Sep 49d
0.28 18 Dec 140d
0.26 19 Mar 231d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.

110
115
120
125
130
135
140
145
150
155
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 directional observations

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

A96/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
81 / 81
  • 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

Put-heavy activity

75/100
Primary intent Put-heavy activity

Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.

Flow vs price divergence Bearish flow confirms price

Options pressure and weekly price action are both cautionary.

Why this matters

Put-heavy activity matters because it connects the options headline to the actual evidence: $239918 of estimated gross traded notional, puts · 91+ days · atm, and a bearish 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-1.2%
Call premium28%
Put premium72%
Notional split C 28% / P 72% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.07 Volume divided by open interest across the visible chain.
Trend fit 64/100 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 Puts · 91+ days · ATM
Puts · 91+ days · ATM puts cluster with 81 contracts traded, $67635 estimated gross traded notional, and 28% of visible notional.
$67635
Puts · 91+ days · OTM puts cluster with 145 contracts traded, $57186 estimated gross traded notional, and 24% of visible notional.
$57186
Calls · 91+ days · ITM calls cluster with 14 contracts traded, $23820 estimated gross traded notional, and 10% of visible notional.
$23820
Calls · 46-90 days · ITM calls cluster with 12 contracts traded, $21080 estimated gross traded notional, and 9% of visible notional.
$21080
Puts · 46-90 days · ITM puts cluster with 10 contracts traded, $20920 estimated gross traded notional, and 9% of visible notional.
$20920

Setup Classification

Opportunity and risk frame

Context, not advice
Neutral Context building

The signal is live, but the strongest framework tags are still developing.

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

Sharemaestro weekly
Close132.34
1W-1.2%
RS-7.8
Fair value-0.7%
Options pressure-43
Speculation14
Volatility44
Trend fit64

Today Versus Normal

Stored-options context

View history
Expected move 4.9% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.35 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 2.28 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.07 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:22 Bullish
Pressure 94
Move 5.1%
30 Jul 10:16 Bullish
Pressure 97
Move 5.3%
30 Jul 22:21 Mixed
Pressure 12
Move 3.9%
31 Jul 13:15 Mixed
Pressure -8
Move 3.9%
31 Jul 14:30 Mixed
Pressure 13
Move 4.9%
31 Jul 15:36 Mixed
Pressure 14
Move 4.9%
31 Jul 17:48 Bearish
Pressure -43
Move 4.9%

Strike Map

Where activity is clustering

Full strike map
Strike110.00
Calls · V 0 · OI 0
Puts · V 0 · OI 5
Strike115.00
Calls · V 0 · OI 0
Puts · V 1 · OI 8
Strike120.00
Calls · V 3 · OI 3
Puts · V 5 · OI 117
Strike125.00
Calls · V 0 · OI 0
Puts · V 3 · OI 37
Strike130.00
Calls · V 3 · OI 28
Puts · V 5 · OI 57
Strike135.00
Calls · V 14 · OI 109
Puts · V 10 · OI 19
Strike140.00
Calls · V 1 · OI 82
Puts · V 1 · OI 8
Strike145.00
Calls · V 26 · OI 319
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts15
Avg IV0.35
Put-call0.45
Expiry18 Sep 2026
Contracts28
Avg IV0.30
Put-call1.47
Expiry18 Dec 2026
Contracts32
Avg IV0.28
Put-call5.33
Expiry19 Mar 2027
Contracts6
Avg IV0.26
Put-call2.00

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.40
Put IV0.39
Skew-0.01
18 Sep 2026Balanced skew
Call IV0.27
Put IV0.32
Skew0.05
18 Dec 2026Balanced skew
Call IV0.27
Put IV0.29
Skew0.02
19 Mar 2027Balanced skew
Call IV0.25
Put IV0.26
Skew0.00

Contract Tape

Most active contracts

Full contract tape
ContractMAA260918P00090000
SidePut
Expiry18 Sep 2026
Strike90.00
Volume-
OI25
IV0.75
ContractMAA270319P00120000
SidePut
Expiry19 Mar 2027
Strike120.00
Volume-
OI10
IV0.26
ContractMAA260821P00110000
SidePut
Expiry21 Aug 2026
Strike110.00
Volume-
OI5
IV0.66
ContractMAA270319C00145000
SideCall
Expiry19 Mar 2027
Strike145.00
Volume-
OI5
IV0.24
ContractMAA270319C00135000
SideCall
Expiry19 Mar 2027
Strike135.00
Volume-
OI3
IV0.25
ContractMAA260918C00165000
SideCall
Expiry18 Sep 2026
Strike165.00
Volume-
OI2
IV0.54
ContractMAA261218P00075000
SidePut
Expiry18 Dec 2026
Strike75.00
Volume-
OI1
IV0.61
ContractMAA261218P00090000
SidePut
Expiry18 Dec 2026
Strike90.00
Volume-
OI1
IV0.47