Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
WEC options intelligence
WEC Energy Group Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
54
Market data through 12 Aug 2026
Checked 12 Aug 2026 23:05 · complete available chain
Call-side pressure
Bullish pressure
WEC currently carries bullish options pressure with a 54/100 conviction score. The nearest-chain expected move is 2.5%, with volume/open-interest participation at 0.36.
Expected move
2.5%
Near-term move context
Activity / OI
0.36
Current volume is quieter versus prior open interest
Put-call
0.04
Call-side skew
Trend fit
0
Options are not fully confirming trend
Weekly backdrop
-1.6%
RS -13.4
Expected move
2.5%
Put-call volume
0.04
Volume / OI
0.36
Reference IV
0.36
Max pain
110.00
Underlying
107.63
Nearest expiry
21 Aug 2026
Contracts
108
Research Brief
WEC has a bullish chain read with 54/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 104.91–110.35; The largest call open-interest concentration is 120.00; the largest put concentration is 100.00. The most active strike by current volume is 110.00.
Priced range104.91–110.35
Call concentration120.00
Put concentration100.00
Max pain reference110.00
- Price holds or improves while call-side concentration remains elevated.
- Participation is above the ticker's stored normal, which makes the read more noteworthy.
- 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
Options imply 104.91 to 110.35. Max pain at 110.00 sits inside that range, 2.2% above spot.
Spot
Max pain
104.91107.63 ± 2.72110.35
Confirmation level
A close beyond 110.35 or below 104.91 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 54/100
Pressure is 100/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure100 × 42%
+42.0
How strongly activity leans toward calls or puts.
Participation40 × 22%
+8.9
Volume relative to existing open interest and contract-level activity.
Trend agreement0 × 26%
+0.0
How closely the chain read agrees with the underlying trend backdrop.
Volatility35 × 10%
+3.5
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
The largest call open-interest concentration is 120.00; the largest put concentration is 100.00. The most active strike by current volume is 110.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
1
60.00-44.3%
0
1
65.00-39.6%
0
1
70.00-35.0%
0
5
80.00-25.7%
0
3
85.00-21.0%
2
11
90.00-16.4%
0
38
95.00-11.7%
0
141
100.00-7.1%
28
98
105.00-2.4%
14
70
110.002.2%
703
120
115.006.8%
246
79
120.0011.5%
928
0
125.0016.1%
694
0
130.0020.8%
139
0
135.0025.4%
24
3
140.0030.1%
10
0
160.0048.7%
1
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Gamma Profile by Strike
Positive gamma proxy
Call-side gamma sensitivity outweighs the put-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.
Net profile+$2.8MDelta change / 1% move
Positive peak110.00+$2.0M
Negative peak105.00-$106,296
Nearest balance105.26Interpolated sign change
StrikeNegativePositiveNet / 1% move
60.00-44.3%
-$116
65.00-39.6%
-$34
70.00-35.0%
-$342
75.00-30.3%
-$59
80.00-25.7%
-$208
85.00-21.0%
-$241
90.00-16.4%
-$5,219
95.00-11.7%
-$9,059
97.50-9.4%
-$82
100.00-7.1%
-$32,023
105.00-2.4%
-$106,296
110.002.2%
+$2.0M
115.006.8%
+$108,148
120.0011.5%
+$550,945
125.0016.1%
+$268,377
130.0020.8%
+$30,767
135.0025.4%
+$9,510
140.0030.1%
+$12,024
145.0034.7%
+$1,203
155.0044.0%
+$68
160.0048.7%
+$91
Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike
Scenario proxy = gamma × open interest × 100 shares × spot² × 1%. Calls are positive and puts negative by convention. Missing Greeks use a Black-Scholes estimate from stored IV with zero rate and dividend assumptions. Open interest does not reveal who is long or short, so this is not observed dealer positioning or a forecast.
Volatility Curve
Front-loaded volatility
Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.
0.36
21 Aug
9d
0.24
18 Sep
37d
0.24
16 Oct
65d
0.25
20 Nov
100d
0.23
15 Jan
156d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
90
95
98
100
105
110
115
120
125
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
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
- Auditable calculationoriginal version retained
- Independent entryone read per market session
- Point-in-time referencerequired at entry
- Matched expiry closereported only after maturity
Eligible snapshots must have a dated market session, stored signal, and point-in-time market reference. Each observation uses one read per market session and the first stored weekly close on or immediately after expiry; its original calculation version is retained. It is an evidence audit, not an executable strategy or evidence of future performance.
Evidence Quality
Usable with limits
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 12 Aug 2026
- Calculation
- v2.0
- Contracts
- 108 / 108
- 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
Directional flow, confirmation needed
There is useful activity, but aggregate chain data does not isolate participant intent.
Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.
Directional flow, confirmation needed matters because it connects the options headline to the actual evidence: $654,380 of estimated gross traded notional, calls · 91+ days · atm, and a bullish flow against weak price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+100
1W price-1.6%
Call premium92%
Put premium8%
Notional split
C 92% / P 8%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.36
Volume divided by open interest across the visible chain.
Trend fit
0/100
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.
Calls · 91+ days · ATM
calls cluster with 1031 contracts traded, $382,165 estimated gross traded notional, and 58% of visible notional.
$382,165
Calls · 8-21 days · ATM
calls cluster with 1184 contracts traded, $53,650 estimated gross traded notional, and 8% of visible notional.
$53,650
Calls · 91+ days · OTM
calls cluster with 1094 contracts traded, $51,478 estimated gross traded notional, and 8% of visible notional.
$51,478
Calls · 46-90 days · OTM
calls cluster with 1022 contracts traded, $49,128 estimated gross traded notional, and 8% of visible notional.
$49,128
Calls · 91+ days · ITM
calls cluster with 33 contracts traded, $41,588 estimated gross traded notional, and 6% of visible notional.
$41,588
Setup Classification
Opportunity and risk frame
The tape is pricing or displaying unusually elevated activity.
Options positioning is not confirming the underlying trend context.
Underlying price is close to the max-pain zone.
Activity Anomaly
High anomaly
Current options activity is unusually hot versus this ticker's stored history.
Baseline: 11 completed sessions
Volume rank91th
Volume/OI rank91th
IV rank100th
Market Context
Underlying confirmation
Close107.63
1W-1.6%
RS-13.4
Fair value+14.1%
Options pressure100
Speculation40
Volatility35
Trend fit0
Today Versus Normal
Stored-options context
30d avg 4.3% · 11 sessions
0th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
30d avg 0.23 · 11 sessions
100th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
30d avg 2.99 · 11 sessions
18th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
30d avg 0.13 · 11 sessions
91th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:12
Mixed
Pressure 14
Move 4.6%
30 Jul 10:07
Bearish
Pressure -84
Move 5.9%
31 Jul 10:04
Bullish
Pressure 73
Move 5.6%
2 Aug 11:25
Bullish
Pressure 74
Move 3.9%
4 Aug 10:04
Bullish
Pressure 99
Move 3.4%
5 Aug 10:12
Bullish
Pressure 32
Move 3.9%
6 Aug 07:12
Bullish
Pressure 20
Move 4.3%
7 Aug 10:42
Bullish
Pressure 56
Move 3.8%
Strike Map
Where activity is clustering
Strike60.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike70.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike80.00
Calls · V 2 · OI 0
Puts · V 0 · OI 5
Strike85.00
Calls · V 0 · OI 2
Puts · V 8 · OI 3
Strike90.00
Calls · V 0 · OI 0
Puts · V 1 · OI 11
Strike95.00
Calls · V 0 · OI 0
Puts · V 4 · OI 38
Strike97.50
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts26
Avg IV0.36
Put-call0.03
Expiry18 Sep 2026
Contracts15
Avg IV0.24
Put-call0.30
Expiry16 Oct 2026
Contracts16
Avg IV0.24
Put-call0.01
Expiry20 Nov 2026
Contracts30
Avg IV0.25
Put-call0.02
Expiry15 Jan 2027
Contracts21
Avg IV0.23
Put-call0.63
Skew
Call/put IV balance
21 Aug 2026Balanced skew
Call IV0.30
Put IV0.34
Skew0.04
18 Sep 2026Put IV premium
Call IV0.19
Put IV0.27
Skew0.08
16 Oct 2026Put IV premium
Call IV0.21
Put IV0.27
Skew0.07
20 Nov 2026Balanced skew
Call IV0.22
Put IV0.26
Skew0.05
15 Jan 2027Put IV premium
Call IV0.20
Put IV0.26
Skew0.06
Contract Tape
Most active contracts
ContractWEC260918P00115000
SidePut
Expiry18 Sep 2026
Strike115.00
Volume-
OI8
IV0.30
ContractWEC261016P00120000
SidePut
Expiry16 Oct 2026
Strike120.00
Volume-
OI6
IV0.29
ContractWEC270115P00070000
SidePut
Expiry15 Jan 2027
Strike70.00
Volume-
OI6
IV0.52
ContractWEC260821P00080000
SidePut
Expiry21 Aug 2026
Strike80.00
Volume-
OI5
IV1.14
ContractWEC261120C00145000
SideCall
Expiry20 Nov 2026
Strike145.00
Volume-
OI4
IV0.41
ContractWEC260918P00090000
SidePut
Expiry18 Sep 2026
Strike90.00
Volume-
OI4
IV0.44
ContractWEC260821C00085000
SideCall
Expiry21 Aug 2026
Strike85.00
Volume-
OI2
IV2.09
ContractWEC261120C00085000
SideCall
Expiry20 Nov 2026
Strike85.00
Volume-
OI2
IV0.77
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
No recent market-watch posts yet.
Earnings
No upcoming matched earnings event.
Plain English Guide
Options context
What usually looks constructive
What usually looks cautious
Options can move quickly and can lose value fast. Treat this as research context, not a buy or sell instruction.