Ticker Options Intelligence

MMM options intelligence

3M Company options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 36 Market data through 29 Jul 2026 Checked 30 Jul 2026 03:50 · complete available chain

Call-side pressure

Bullish pressure

MMM currently carries bullish options pressure with a 36/100 conviction score. The nearest-chain expected move is 3.9%, with volume/open-interest participation at 0.07.

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

Call-side pressure

Expected move 3.9%

Near-term move context

Activity / OI 0.07

Current volume is quieter versus prior open interest

Put-call 0.51

Call-side skew

Trend fit 30

Options are not fully confirming trend

Weekly backdrop +8.0%

RS 1.9

Expected move 3.9%
Put-call volume 0.51
Volume / OI 0.07
Reference IV 0.36
Max pain 177.50
Underlying 172.62
Nearest expiry 31 Jul 2026
Contracts 934

Options Intent Radar

Multi-expiry position-maintenance candidate

75/100
Primary intent Multi-expiry position-maintenance candidate

Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.

Flow vs price divergence Bullish flow confirms price

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

Why this matters

Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $5.5M of estimated gross traded notional, calls · 22-45 days · atm, 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+36
1W price+8.0%
Call premium80%
Put premium20%
Notional split C 80% / P 20% 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 30/100 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. Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.
Conviction clusters Calls · 22-45 days · ATM
Calls · 22-45 days · ATM calls cluster with 3055 contracts traded, $3.0M estimated gross traded notional, and 54% of visible notional.
$3.0M
Puts · 46-90 days · ITM puts cluster with 408 contracts traded, $442452 estimated gross traded notional, and 8% of visible notional.
$442452
Calls · 46-90 days · OTM calls cluster with 760 contracts traded, $333548 estimated gross traded notional, and 6% of visible notional.
$333548
Calls · 22-45 days · ITM calls cluster with 134 contracts traded, $207298 estimated gross traded notional, and 4% of visible notional.
$207298
Calls · 22-45 days · OTM calls cluster with 570 contracts traded, $199137 estimated gross traded notional, and 4% of visible notional.
$199137

Setup Classification

Opportunity and risk frame

Context, not advice
Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Warning Bullish pressure over fair value

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

Activity Anomaly

Normal range

33

Activity is broadly in line with recent stored snapshots.

Volume rank0th
Volume/OI rank0th
IV rank100th

Market Context

Underlying confirmation

Sharemaestro weekly
Close172.62
1W+8.0%
RS1.9
Fair value+37.6%
Options pressure36
Speculation42
Volatility41
Trend fit30

Today Versus Normal

Stored-options context

View history
Expected move 3.9% muted
30d avg 5.7% · 1 read 0th
90d avg 5.7% · 1 read 0th
180d avg 5.7% · 1 read 0th
IV 0.36 elevated
30d avg 0.26 · 1 read 100th
90d avg 0.26 · 1 read 100th
180d avg 0.26 · 1 read 100th
Put-call 0.51 muted
30d avg 0.60 · 1 read 0th
90d avg 0.60 · 1 read 0th
180d avg 0.60 · 1 read 0th
Volume/OI 0.07 muted
30d avg 0.16 · 1 read 0th
90d avg 0.16 · 1 read 0th
180d avg 0.16 · 1 read 0th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:04 Bullish
Pressure 29
Move 5.7%
30 Jul 02:50 Bullish
Pressure 36
Move 3.9%

Strike Map

Where activity is clustering

Full strike map
Strike80.00
Calls · V 0 · OI 2
Puts · V 0 · OI 4
Strike85.00
Calls · V 0 · OI 3
Puts · V 1 · OI 8
Strike90.00
Calls · V 0 · OI 1
Puts · V 5 · OI 11
Strike95.00
Calls · V 0 · OI 1
Puts · V 14 · OI 7
Strike100.00
Calls · V 0 · OI 20
Puts · V 1 · OI 22
Strike105.00
Calls · V 0 · OI 19
Puts · V 6 · OI 43
Strike110.00
Calls · V 0 · OI 2
Puts · V 30 · OI 15
Strike115.00
Calls · V 0 · OI 2
Puts · V 4 · OI 1

Term Structure

Expiration activity

Volume and IV
Expiry31 Jul 2026
Contracts106
Avg IV0.36
Put-call0.61
Expiry7 Aug 2026
Contracts86
Avg IV0.28
Put-call1.78
Expiry14 Aug 2026
Contracts84
Avg IV0.29
Put-call2.66
Expiry21 Aug 2026
Contracts90
Avg IV0.27
Put-call0.36
Expiry28 Aug 2026
Contracts64
Avg IV0.27
Put-call0.45

Skew

Call/put IV balance

OTM demand
31 Jul 2026Put IV premium
Call IV0.35
Put IV0.59
Skew0.24
7 Aug 2026Balanced skew
Call IV0.27
Put IV0.31
Skew0.04
14 Aug 2026Balanced skew
Call IV0.26
Put IV0.31
Skew0.05
21 Aug 2026Balanced skew
Call IV0.25
Put IV0.29
Skew0.04
28 Aug 2026Balanced skew
Call IV0.25
Put IV0.30
Skew0.05

Contract Tape

Most active contracts

Full contract tape
ContractMMM260821C00170000
SideCall
Expiry21 Aug 2026
Strike170.00
Volume3015
OI5936
IV0.26
ContractMMM260821P00165000
SidePut
Expiry21 Aug 2026
Strike165.00
Volume765
OI1319
IV0.36
ContractMMM260731C00190000
SideCall
Expiry31 Jul 2026
Strike190.00
Volume507
OI4188
IV0.45
ContractMMM260821C00180000
SideCall
Expiry21 Aug 2026
Strike180.00
Volume337
OI2430
IV0.26
ContractMMM260731P00175000
SidePut
Expiry31 Jul 2026
Strike175.00
Volume265
OI803
IV0.32
ContractMMM261016C00195000
SideCall
Expiry16 Oct 2026
Strike195.00
Volume231
OI205
IV0.25
ContractMMM261016P00185000
SidePut
Expiry16 Oct 2026
Strike185.00
Volume221
OI12
IV0.28
ContractMMM260821P00172500
SidePut
Expiry21 Aug 2026
Strike172.50
Volume187
OI222
IV0.29