Ticker Options Intelligence

BCC options intelligence

Boise Cascad Llc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 34 Market data through 31 Jul 2026 Checked 31 Jul 2026 20:02 · complete available chain

Call-side pressure

Bullish pressure

BCC currently carries bullish options pressure with a 34/100 conviction score. The nearest-chain expected move is 10.7%, with volume/open-interest participation at 0.15.

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

Call-side pressure

Expected move 10.7%

Wider near-term move priced

Activity / OI 0.15

Current volume is quieter versus prior open interest

Put-call 0.69

Call-side skew

Trend fit 52

Options are not fully confirming trend

Weekly backdrop +0.8%

RS -6.7

Expected move 10.7%
Put-call volume 0.69
Volume / OI 0.15
Reference IV 0.57
Max pain 75.00
Underlying 77.84
Nearest expiry 21 Aug 2026
Contracts 86

Research Brief

BCC has a bullish chain read with 34/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 69.49–86.19; The largest call open-interest concentration is 85.00; the largest put concentration is 60.00. The most active strike by current volume is 90.00.

Priced range69.49–86.19
Call concentration85.00
Put concentration60.00
Max pain reference75.00
What would confirm it
  • Price holds or improves while call-side concentration remains elevated.
What would weaken it
  • Price weakens while call pressure fades or reverses toward puts.
  • Options and the weekly trend are not yet giving the same message.
  • 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 69.49 to 86.19. Max pain at 75.00 sits inside that range, 3.6% below spot.

Spot Max pain
69.4977.84 ± 8.3586.19
Confirmation level

A close beyond 86.19 or below 69.49 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 34/100

Evidence alignment, not probability

Pressure is 22/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure22 × 42%
+9.3

How strongly activity leans toward calls or puts.

Participation14 × 22%
+3.1

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

Trend agreement52 × 26%
+13.6

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

Volatility80 × 10%
+8.0

The intensity of implied volatility and the priced move.

Reconstructed score34.0Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 85.00; the largest put concentration is 60.00. The most active strike by current volume is 90.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
1
50.00-35.8%
0
7
55.00-29.3%
0
58
60.00-22.9%
0
3
62.50-19.7%
0
18
65.00-16.5%
0
5
67.50-13.3%
0
30
70.00-10.1%
0
55
72.50-6.9%
0
40
75.00-3.6%
6
1
77.50-0.4%
8
0
80.002.8%
54
0
82.506.0%
7
0
85.009.2%
357
0
87.5012.4%
1
0
90.0015.6%
21
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.26× front/back

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

0.57 21 Aug 21d
0.59 18 Sep 49d
0.46 16 Oct 77d
0.45 15 Jan 168d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

Comparable upside calls and downside puts carry broadly similar implied volatility.

63
65
68
70
73
75
78
80
83
85
88
90
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
86 / 86
  • 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

79/100
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 Bullish flow before price confirmation

Call-side pressure is building before a meaningful weekly price response.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $107120 of estimated gross traded notional, puts · 46-90 days · itm, and a bullish 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+22
1W price+0.8%
Call premium35%
Put premium65%
Notional split C 35% / P 65% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.15 Volume divided by open interest across the visible chain.
Trend fit 52/100 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 Puts · 46-90 days · ITM
Puts · 46-90 days · ITM puts cluster with 22 contracts traded, $39540 estimated gross traded notional, and 37% of visible notional.
$39540
Calls · 91+ days · OTM calls cluster with 55 contracts traded, $16014 estimated gross traded notional, and 15% of visible notional.
$16014
Puts · 46-90 days · ATM puts cluster with 10 contracts traded, $12420 estimated gross traded notional, and 12% of visible notional.
$12420
Calls · 46-90 days · OTM calls cluster with 34 contracts traded, $8616 estimated gross traded notional, and 8% of visible notional.
$8616
Puts · 91+ days · ITM puts cluster with 5 contracts traded, $7175 estimated gross traded notional, and 7% of visible notional.
$7175

Setup Classification

Opportunity and risk frame

Context, not advice
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.

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
Close77.84
1W+0.8%
RS-6.7
Fair value-23.3%
Options pressure22
Speculation14
Volatility80
Trend fit52

Today Versus Normal

Stored-options context

View history
Expected move 10.7% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.57 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.69 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.15 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 10:57 Volatility
Pressure -43
Move 11.9%
30 Jul 10:47 Volatility
Pressure -97
Move 10.5%
31 Jul 13:17 Volatility
Pressure -92
Move 10.8%
31 Jul 17:01 Bullish
Pressure 23
Move 10.8%
31 Jul 18:01 Bullish
Pressure 23
Move 10.7%
31 Jul 19:02 Bullish
Pressure 22
Move 10.7%

Strike Map

Where activity is clustering

Full strike map
Strike50.00
Calls · V 0 · OI 0
Puts · V 1 · OI 1
Strike55.00
Calls · V 0 · OI 0
Puts · V 7 · OI 7
Strike60.00
Calls · V 0 · OI 0
Puts · V 1 · OI 58
Strike62.50
Calls · V 0 · OI 0
Puts · V 1 · OI 3
Strike65.00
Calls · V 0 · OI 0
Puts · V 1 · OI 18
Strike67.50
Calls · V 0 · OI 0
Puts · V 0 · OI 5
Strike70.00
Calls · V 0 · OI 0
Puts · V 2 · OI 30
Strike72.50
Calls · V 0 · OI 0
Puts · V 2 · OI 55

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts17
Avg IV0.57
Put-call0.73
Expiry18 Sep 2026
Contracts5
Avg IV0.59
Put-call4.00
Expiry16 Oct 2026
Contracts37
Avg IV0.46
Put-call1.20
Expiry15 Jan 2027
Contracts27
Avg IV0.45
Put-call0.28

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.55
Put IV0.63
Skew0.08
18 Sep 2026Balanced skew
Call IV0.60
Put IV0.58
Skew-0.01
16 Oct 2026Balanced skew
Call IV0.57
Put IV0.56
Skew-0.01
15 Jan 2027Balanced skew
Call IV0.54
Put IV0.50
Skew-0.03

Contract Tape

Most active contracts

Full contract tape
ContractBCC270115P00062500
SidePut
Expiry15 Jan 2027
Strike62.50
Volume-
OI14
IV0.50
ContractBCC260918P00075000
SidePut
Expiry18 Sep 2026
Strike75.00
Volume-
OI10
IV0.58
ContractBCC260821P00067500
SidePut
Expiry21 Aug 2026
Strike67.50
Volume-
OI5
IV0.57
ContractBCC260918C00090000
SideCall
Expiry18 Sep 2026
Strike90.00
Volume-
OI3
IV0.63
ContractBCC270115P00080000
SidePut
Expiry15 Jan 2027
Strike80.00
Volume-
OI2
IV0.50
ContractBCC261016P00062500
SidePut
Expiry16 Oct 2026
Strike62.50
Volume-
OI2
IV0.79
ContractBCC270115P00047500
SidePut
Expiry15 Jan 2027
Strike47.50
Volume-
OI1
IV0.57
ContractBCC260821C00087500
SideCall
Expiry21 Aug 2026
Strike87.50
Volume-
OI1
IV0.66