Ticker Options Intelligence

OBIO options intelligence

Orchestra BioMed Holdings Inc. options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 46 Market data through 29 Jul 2026 Checked 30 Jul 2026 00:19 · complete available chain

Volatility expansion watch

Volatility pressure

OBIO currently carries volatility options pressure with a 46/100 conviction score. The nearest-chain expected move is 55.2%, with volume/open-interest participation at 0.02.

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

Volatility expansion watch

Expected move 55.2%

Wider near-term move priced

Activity / OI 0.02

Current volume is quieter versus prior open interest

Put-call 0.15

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop +1.6%

RS -9.9

Expected move 55.2%
Put-call volume 0.15
Volume / OI 0.02
Reference IV 2.75
Max pain 2.50
Underlying 3.74
Nearest expiry 21 Aug 2026
Contracts 13

Options Intent Radar

Earnings/event positioning

83/100
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 Volatility flow versus price

Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $1903 of estimated gross traded notional, calls · 91+ days · otm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+82
1W price+1.6%
Call premium75%
Put premium25%
Notional split C 75% / P 25% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.02 Volume divided by open interest across the visible chain.
Trend fit 0/100 Agreement between options pressure and Sharemaestro market context.
Event window 6 Aug Matched earnings event is 7 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 · 91+ days · OTM
Calls · 91+ days · OTM calls cluster with 18 contracts traded, $808 estimated gross traded notional, and 42% of visible notional.
$808
Calls · 22-45 days · ITM calls cluster with 3 contracts traded, $518 estimated gross traded notional, and 27% of visible notional.
$518
Puts · 22-45 days · ITM puts cluster with 2 contracts traded, $280 estimated gross traded notional, and 15% of visible notional.
$280
Puts · 91+ days · ITM puts cluster with 1 contracts traded, $158 estimated gross traded notional, and 8% of visible notional.
$158
Calls · 22-45 days · OTM calls cluster with 5 contracts traded, $106 estimated gross traded notional, and 6% of visible notional.
$106

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.

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Activity Anomaly

High anomaly

100

Current options activity is unusually hot versus this ticker's stored history.

Volume rank100th
Volume/OI rank100th
IV rank100th

Market Context

Underlying confirmation

Sharemaestro weekly
Close3.74
1W+1.6%
RS-9.9
Fair value-25.3%
Options pressure82
Speculation8
Volatility96
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 55.2% elevated
30d avg 36.9% · 1 read 100th
90d avg 36.9% · 1 read 100th
180d avg 36.9% · 1 read 100th
IV 2.75 elevated
30d avg 1.47 · 1 read 100th
90d avg 1.47 · 1 read 100th
180d avg 1.47 · 1 read 100th
Put-call 0.15 normal building
30d avg - · 0 reads -
90d avg - · 0 reads -
180d avg - · 0 reads -
Volume/OI 0.02 elevated
30d avg 0.00 · 1 read 100th
90d avg 0.00 · 1 read 100th
180d avg 0.00 · 1 read 100th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:39 Mixed
Pressure 9
Move 36.9%
29 Jul 23:19 Volatility
Pressure 82
Move 55.2%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 3 · OI 208
Puts · V 1 · OI 1
Strike5.00
Calls · V 2 · OI 168
Puts · V 2 · OI 104
Strike7.50
Calls · V 3 · OI 165
Puts · V 0 · OI 4

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts6
Avg IV2.75
Put-call0.38
Expiry20 Nov 2026
Contracts4
Avg IV0.86
Put-call0.07
Expiry19 Feb 2027
Contracts3
Avg IV1.04
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV1.63
Put IV2.09
Skew0.46
20 Nov 2026Incomplete skew
Call IV1.49
Put IV-
Skew-
19 Feb 2027Incomplete skew
Call IV1.23
Put IV-
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractOBIO270219P00005000
SidePut
Expiry19 Feb 2027
Strike5.00
Volume-
OI30
IV0.90
ContractOBIO260821P00007500
SidePut
Expiry21 Aug 2026
Strike7.50
Volume-
OI4
IV6.72
ContractOBIO270219C00002500
SideCall
Expiry19 Feb 2027
Strike2.50
Volume-
OI2
IV1.00
ContractOBIO261120C00002500
SideCall
Expiry20 Nov 2026
Strike2.50
Volume-
OI-
IV0.00
ContractOBIO261120C00005000
SideCall
Expiry20 Nov 2026
Strike5.00
Volume14
OI364
IV1.49
ContractOBIO260821C00002500
SideCall
Expiry21 Aug 2026
Strike2.50
Volume3
OI208
IV3.02
ContractOBIO260821C00007500
SideCall
Expiry21 Aug 2026
Strike7.50
Volume3
OI165
IV1.64
ContractOBIO270219C00005000
SideCall
Expiry19 Feb 2027
Strike5.00
Volume3
OI3
IV1.23