Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
ABT options intelligence
Abbott Laboratories options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
34
Market data through 30 Jul 2026
Checked 31 Jul 2026 07:25 · complete available chain
Call-side pressure
Bullish pressure
ABT currently carries bullish options pressure with a 34/100 conviction score. The nearest-chain expected move is 1.7%, with volume/open-interest participation at 0.04.
Expected move
1.7%
Near-term move context
Activity / OI
0.04
Current volume is quieter versus prior open interest
Put-call
0.63
Call-side skew
Trend fit
44
Options are not fully confirming trend
Weekly backdrop
+2.6%
RS -14.0
Expected move
1.7%
Put-call volume
0.63
Volume / OI
0.04
Reference IV
0.33
Max pain
102.00
Underlying
103.06
Nearest expiry
31 Jul 2026
Contracts
1272
Research Brief
ABT 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 101.28–104.84; The largest call open-interest concentration is 105.00; the largest put concentration is 103.00. The most active strike by current volume is 105.00.
Priced range101.28–104.84
Call concentration105.00
Put concentration103.00
Max pain reference102.00
- Price holds or improves while call-side concentration remains elevated.
- 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 101.28 to 104.84. Max pain at 102.00 sits inside that range, 1.0% below spot.
Spot
Max pain
101.28103.06 ± 1.78104.84
Confirmation level
A close beyond 104.84 or below 101.28 at the 31 Jul 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
Pressure is 26/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure26 × 42%
+10.9
How strongly activity leans toward calls or puts.
Participation41 × 22%
+9.0
Volume relative to existing open interest and contract-level activity.
Trend agreement44 × 26%
+11.5
How closely the chain read agrees with the underlying trend backdrop.
Volatility30 × 10%
+3.0
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 105.00; the largest put concentration is 103.00. The most active strike by current volume is 105.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
26
90.00-12.7%
369
70
95.00-7.8%
134
42
97.00-5.9%
75
70
98.00-4.9%
140
65
99.00-3.9%
180
125
100.00-3.0%
474
65
101.00-2.0%
53
651
102.00-1.0%
203
909
103.00-0.1%
615
35
104.000.9%
347
737
105.001.9%
2086
23
106.002.9%
85
25
107.003.8%
458
9
108.004.8%
109
36
109.005.8%
165
2
110.006.7%
464
0
111.007.7%
394
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Front-loaded volatility
Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.
0.33
31 Jul
1d
0.28
7 Aug
8d
0.26
14 Aug
15d
0.28
21 Aug
22d
0.28
28 Aug
29d
0.28
4 Sep
36d
0.26
11 Sep
43d
0.28
18 Sep
50d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
83
85
87
89
90
92
94
96
98
100
101
103
105
107
109
111
113
114
116
118
120
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
Forward validation is building. The earliest eligible stored read expires 31 Jul 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
Usable with limits
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 30 Jul 2026
- Calculation
- v2.0
- Contracts
- 1272 / 1272
- 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
Multi-expiry position-maintenance candidate
Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.
Options pressure and weekly price action are pointing in the same constructive direction.
Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $5.3M of estimated gross traded notional, puts · 46-90 days · itm, 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+26
1W price+2.6%
Call premium45%
Put premium55%
Notional split
C 45% / P 55%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.04
Volume divided by open interest across the visible chain.
Trend fit
44/100
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.
Puts · 46-90 days · ITM
puts cluster with 870 contracts traded, $2.4M estimated gross traded notional, and 45% of visible notional.
$2.4M
Calls · 91+ days · OTM
calls cluster with 1033 contracts traded, $547805 estimated gross traded notional, and 10% of visible notional.
$547805
Calls · 91+ days · ITM
calls cluster with 168 contracts traded, $348870 estimated gross traded notional, and 7% of visible notional.
$348870
Calls · 8-21 days · ATM
calls cluster with 1043 contracts traded, $333290 estimated gross traded notional, and 6% of visible notional.
$333290
Calls · 8-21 days · ITM
calls cluster with 345 contracts traded, $285240 estimated gross traded notional, and 5% of visible notional.
$285240
Setup Classification
Opportunity and risk frame
Underlying price is close to the max-pain zone.
Activity Anomaly
Warming up
2 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 2 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close105.70
1W+2.6%
RS-14.0
Fair value-4.9%
Options pressure26
Speculation41
Volatility30
Trend fit44
Today Versus Normal
Stored-options context
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:00
Bullish
Pressure 52
Move 4.5%
30 Jul 10:00
Bullish
Pressure 22
Move 5.3%
31 Jul 06:25
Bullish
Pressure 26
Move 1.7%
Strike Map
Where activity is clustering
Strike65.00
Calls · V 0 · OI 2
Puts · V 0 · OI 0
Strike70.00
Calls · V 0 · OI 2
Puts · V 8 · OI 2
Strike75.00
Calls · V 0 · OI 2
Puts · V 0 · OI 53
Strike77.00
Calls · V 0 · OI 2
Puts · V 0 · OI 22
Strike78.00
Calls · V 0 · OI 2
Puts · V 11 · OI 4
Strike79.00
Calls · V 0 · OI 0
Puts · V 0 · OI 19
Strike80.00
Calls · V 0 · OI 5
Puts · V 1 · OI 21
Strike81.00
Calls · V 0 · OI 0
Puts · V 0 · OI 29
Term Structure
Expiration activity
Expiry31 Jul 2026
Contracts98
Avg IV0.33
Put-call0.39
Expiry7 Aug 2026
Contracts96
Avg IV0.28
Put-call0.49
Expiry14 Aug 2026
Contracts94
Avg IV0.26
Put-call1.00
Expiry21 Aug 2026
Contracts116
Avg IV0.28
Put-call0.56
Expiry28 Aug 2026
Contracts90
Avg IV0.28
Put-call0.04
Skew
Call/put IV balance
31 Jul 2026Call IV premium
Call IV0.31
Put IV0.24
Skew-0.07
7 Aug 2026Balanced skew
Call IV0.27
Put IV0.31
Skew0.04
14 Aug 2026Balanced skew
Call IV0.25
Put IV0.28
Skew0.03
21 Aug 2026Balanced skew
Call IV0.26
Put IV0.28
Skew0.02
28 Aug 2026Balanced skew
Call IV0.26
Put IV0.28
Skew0.02
Contract Tape
Most active contracts
ContractABT260821C00105000
SideCall
Expiry21 Aug 2026
Strike105.00
Volume1017
OI3661
IV0.27
ContractABT260821P00085000
SidePut
Expiry21 Aug 2026
Strike85.00
Volume692
OI2240
IV0.34
ContractABT260918P00140000
SidePut
Expiry18 Sep 2026
Strike140.00
Volume443
OI200
IV0.54
ContractABT280121C00150000
SideCall
Expiry21 Jan 2028
Strike150.00
Volume367
OI1239
IV0.27
ContractABT260918P00125000
SidePut
Expiry18 Sep 2026
Strike125.00
Volume338
OI111
IV0.38
ContractABT261218P00105000
SidePut
Expiry18 Dec 2026
Strike105.00
Volume236
OI386
IV0.30
ContractABT260821C00097500
SideCall
Expiry21 Aug 2026
Strike97.50
Volume226
OI2296
IV0.28
ContractABT280121C00135000
SideCall
Expiry21 Jan 2028
Strike135.00
Volume208
OI210
IV0.27
Research Graph
Related research and context
Sharemaestro research
Related News
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Earnings
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.