Ticker Options Intelligence

BCBP options intelligence

BCB Bancorp Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 40 Market data through 31 Jul 2026 Checked 1 Aug 2026 01:06 · complete available chain

Options-market disagreement

Mixed pressure

BCBP currently carries mixed options pressure with a 40/100 conviction score. The nearest-chain expected move is 12.3%, with volume/open-interest participation at 0.16.

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

Options-market disagreement

Expected move 12.3%

Wider near-term move priced

Activity / OI 0.16

Current volume is quieter versus prior open interest

Put-call 0.84

Balanced tape

Trend fit 80

Options agree with trend context

Weekly backdrop -1.5%

RS 4.7

Expected move 12.3%
Put-call volume 0.84
Volume / OI 0.16
Reference IV 1.52
Max pain 10.00
Underlying 10.14
Nearest expiry 21 Aug 2026
Contracts 15

Research Brief

BCBP has a mixed chain read with 40/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 8.89–11.39; The largest call open-interest concentration is 12.50; the largest put concentration is 10.00. The most active strike by current volume is 10.00.

Priced range8.89–11.39
Call concentration12.50
Put concentration10.00
Max pain reference10.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • 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 8.89 to 11.39. Max pain at 10.00 sits inside that range, 1.4% below spot.

Spot Max pain
8.8910.14 ± 1.2511.39
Confirmation level

A close beyond 11.39 or below 8.89 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 40/100

Evidence alignment, not probability

Pressure is 17/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure17 × 42%
+7.1

How strongly activity leans toward calls or puts.

Participation12 × 22%
+2.6

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

Trend agreement80 × 26%
+20.7

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

Volatility96 × 10%
+9.6

The intensity of implied volatility and the priced move.

Reconstructed score40.0Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 12.50; the largest put concentration is 10.00. The most active strike by current volume is 10.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
5.00-50.7%
2
79
10.00-1.4%
5
0
12.5023.3%
21
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

3.63× front/back

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

1.52 21 Aug 21d
1.65 16 Oct 77d
0.42 15 Jan 168d

Volatility by Strike

Smile incomplete

Nearest expiry, within 20% of spot

There is not enough comparable OTM call and put volatility to classify the smile.

10
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

A92/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
15 / 15
  • 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

88/100
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 No clean flow/price divergence

The options read is mixed, so divergence is not strong enough to classify.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $13388 of estimated gross traded notional, calls · 46-90 days · itm, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+17
1W price-1.5%
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 0.16 Volume divided by open interest across the visible chain.
Trend fit 80/100 Agreement between options pressure and Sharemaestro market context.
Event window 3 Aug Matched earnings event is 2 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 · 46-90 days · ITM
Calls · 46-90 days · ITM calls cluster with 18 contracts traded, $5035 estimated gross traded notional, and 38% of visible notional.
$5035
Calls · 91+ days · ITM calls cluster with 7 contracts traded, $3605 estimated gross traded notional, and 27% of visible notional.
$3605
Puts · 8-21 days · ATM puts cluster with 30 contracts traded, $1800 estimated gross traded notional, and 13% of visible notional.
$1800
Calls · 46-90 days · ATM calls cluster with 10 contracts traded, $1250 estimated gross traded notional, and 9% of visible notional.
$1250
Calls · 8-21 days · ITM calls cluster with 2 contracts traded, $1070 estimated gross traded notional, and 8% of visible notional.
$1070

Setup Classification

Opportunity and risk frame

Context, not advice
Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

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.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

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
Close9.99
1W-1.5%
RS4.7
Fair value+6.3%
Options pressure17
Speculation12
Volatility96
Trend fit80

Today Versus Normal

Stored-options context

View history
Expected move 12.3% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 1.52 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.84 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.16 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 11:42 Volatility
Pressure -58
Move 8.6%
30 Jul 11:20 Volatility
Pressure 100
Move 19.3%
30 Jul 18:42 Volatility
Pressure 72
Move 9.1%
31 Jul 11:38 Volatility
Pressure -95
Move 20.5%
31 Jul 13:48 Bullish
Pressure 72
Move 10.8%
31 Jul 15:07 Volatility
Pressure 72
Move 10.8%
31 Jul 21:16 Mixed
Pressure 17
Move 12.3%
1 Aug 00:06 Mixed
Pressure 17
Move 12.3%

Strike Map

Where activity is clustering

Full strike map
Strike5.00
Calls · V 2 · OI 2
Puts · V 0 · OI 0
Strike10.00
Calls · V 2 · OI 5
Puts · V 30 · OI 79
Strike12.50
Calls · V 2 · OI 21
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts4
Avg IV1.52
Put-call5.00
Expiry16 Oct 2026
Contracts8
Avg IV1.65
Put-call0.21
Expiry15 Jan 2027
Contracts3
Avg IV0.42
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV1.33
Put IV1.41
Skew0.09
16 Oct 2026Balanced skew
Call IV0.52
Put IV0.54
Skew0.02
15 Jan 2027Incomplete skew
Call IV-
Put IV-
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractBCBP261016C00002500
SideCall
Expiry16 Oct 2026
Strike2.50
Volume-
OI1
IV4.73
ContractBCBP261016P00005000
SidePut
Expiry16 Oct 2026
Strike5.00
Volume-
OI1
IV2.37
ContractBCBP270115P00012500
SidePut
Expiry15 Jan 2027
Strike12.50
Volume-
OI-
IV0.00
ContractBCBP261016P00007500
SidePut
Expiry16 Oct 2026
Strike7.50
Volume-
OI-
IV0.13
ContractBCBP260821P00010000
SidePut
Expiry21 Aug 2026
Strike10.00
Volume30
OI79
IV1.41
ContractBCBP261016C00007500
SideCall
Expiry16 Oct 2026
Strike7.50
Volume14
OI42
IV0.73
ContractBCBP261016C00010000
SideCall
Expiry16 Oct 2026
Strike10.00
Volume10
OI64
IV0.69
ContractBCBP270115C00005000
SideCall
Expiry15 Jan 2027
Strike5.00
Volume7
OI16
IV0.78