Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
SNDQ options intelligence
SNDQ options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
46
Market data through 30 Jul 2026
Checked 31 Jul 2026 14:05 · complete available chain
Call-side pressure
Bullish pressure
SNDQ currently carries bullish options pressure with a 46/100 conviction score. The nearest-chain expected move is unavailable, with volume/open-interest participation at 0.57.
Expected move
-
Near-term move context
Activity / OI
0.57
Current volume is elevated versus prior open interest
Put-call
0.65
Call-side skew
Trend fit
63
Options agree with trend context
Weekly backdrop
-
Sharemaestro weekly context
Expected move
-
Put-call volume
0.65
Volume / OI
0.57
Reference IV
2.73
Max pain
30.00
Underlying
-
Nearest expiry
21 Aug 2026
Contracts
472
Research Brief
SNDQ has a bullish chain read with 46/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of not available; The largest call open-interest concentration is 38.00; the largest put concentration is 15.00. The most active strike by current volume is 32.00.
Priced rangenot available
Call concentration38.00
Put concentration15.00
Max pain reference30.00
- Price holds or improves while call-side concentration remains elevated.
- The current chain read already agrees with the stored weekly trend context.
- Price weakens while call pressure fades or reverses toward puts.
Priced Move
Where the chain says movement becomes exceptional
A matched underlying price and expected move are required to build the implied range.
Score Construction
Why conviction is 46/100
Pressure is 29/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure29 × 42%
+12.1
How strongly activity leans toward calls or puts.
Participation53 × 22%
+11.7
Volume relative to existing open interest and contract-level activity.
Trend agreement63 × 26%
+16.4
How closely the chain read agrees with the underlying trend backdrop.
Volatility56 × 10%
+5.6
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 38.00; the largest put concentration is 15.00. The most active strike by current volume is 32.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
89
15.00
4
65
20.00
2
69
25.00
0
63
30.00
68
1
31.00
1
0
32.00
49
9
35.00
80
0
36.00
86
6
37.00
73
4
38.00
201
10
40.00
175
3
42.00
63
4
45.00
17
2
51.00
58
21
52.00
27
1
55.00
42
0
63.00
133
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Insufficient term structure
At least two expirations with usable near-the-money implied volatility are required.
-
21 Aug
22d
-
18 Sep
50d
-
18 Dec
141d
-
19 Mar
232d
Volatility by Strike
A matched underlying price is required for strike-relative volatility analysis.
Comparable strike volatility is unavailable.
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
No independently verifiable option-expiry outcomes have matured yet. Legacy snapshots without a point-in-time market reference and repeated same-session snapshots are deliberately excluded.
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
Limited
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 30 Jul 2026
- Calculation
- v2.0
- Contracts
- 472 / 472
- No matched underlying price; price-relative measures are unavailable.
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
Call-heavy activity with trend alignment
Call concentration and the underlying trend align, but aggregate volume cannot establish whether calls were bought or sold.
Call-side pressure is building before a meaningful weekly price response.
Call-heavy activity with trend alignment matters because it connects the options headline to the actual evidence: $990458 of estimated gross traded notional, puts · 8-21 days · unpriced, 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+29
1W price-
Call premium57%
Put premium43%
Notional split
C 57% / P 43%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.57
Volume divided by open interest across the visible chain.
Trend fit
63/100
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.
Puts · 8-21 days · Unpriced
puts cluster with 454 contracts traded, $362522 estimated gross traded notional, and 37% of visible notional.
$362522
Calls · 91+ days · Unpriced
calls cluster with 228 contracts traded, $254085 estimated gross traded notional, and 26% of visible notional.
$254085
Calls · 8-21 days · Unpriced
calls cluster with 484 contracts traded, $246952 estimated gross traded notional, and 25% of visible notional.
$246952
Calls · 46-90 days · Unpriced
calls cluster with 94 contracts traded, $60500 estimated gross traded notional, and 6% of visible notional.
$60500
Puts · 46-90 days · Unpriced
puts cluster with 44 contracts traded, $33588 estimated gross traded notional, and 3% of visible notional.
$33588
Setup Classification
Opportunity and risk frame
The tape is pricing or displaying unusually elevated activity.
Activity Anomaly
Warming up
0 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 0 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close-
1W-
RS-
Fair value-
Options pressure29
Speculation53
Volatility56
Trend fit63
Today Versus Normal
Stored-options context
30d avg - · 0/10 sessions
-
90d avg - · 0/30 sessions
-
180d avg - · 0/60 sessions
-
30d avg - · 0/10 sessions
-
90d avg - · 0/30 sessions
-
180d avg - · 0/60 sessions
-
30d avg - · 0/10 sessions
-
90d avg - · 0/30 sessions
-
180d avg - · 0/60 sessions
-
30d avg - · 0/10 sessions
-
90d avg - · 0/30 sessions
-
180d avg - · 0/60 sessions
-
Pressure Trail
Recent pressure and volatility
31 Jul 13:05
Bullish
Pressure 29
Move -
Strike Map
Where activity is clustering
Strike15.00
Calls · V 53 · OI 4
Puts · V 25 · OI 89
Strike20.00
Calls · V 2 · OI 2
Puts · V 84 · OI 65
Strike24.00
Calls · V 0 · OI 10
Puts · V 6 · OI 21
Strike25.00
Calls · V 0 · OI 0
Puts · V 76 · OI 69
Strike26.00
Calls · V 0 · OI 3
Puts · V 0 · OI 5
Strike27.00
Calls · V 2 · OI 34
Puts · V 2 · OI 4
Strike28.00
Calls · V 0 · OI 9
Puts · V 1 · OI 2
Strike29.00
Calls · V 0 · OI 14
Puts · V 0 · OI 1
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts118
Avg IV-
Put-call0.94
Expiry18 Sep 2026
Contracts118
Avg IV-
Put-call0.47
Expiry18 Dec 2026
Contracts118
Avg IV-
Put-call0.25
Expiry19 Mar 2027
Contracts118
Avg IV-
Put-call0.01
Skew
Call/put IV balance
Skew context is warming up for this ticker.
Contract Tape
Most active contracts
ContractSNDQ260821P00032000
SidePut
Expiry21 Aug 2026
Strike32.00
Volume142
OI-
IV2.69
ContractSNDQ260821C00063000
SideCall
Expiry21 Aug 2026
Strike63.00
Volume98
OI133
IV3.13
ContractSNDQ260821P00020000
SidePut
Expiry21 Aug 2026
Strike20.00
Volume84
OI65
IV2.55
ContractSNDQ260821P00025000
SidePut
Expiry21 Aug 2026
Strike25.00
Volume76
OI69
IV2.85
ContractSNDQ260821C00040000
SideCall
Expiry21 Aug 2026
Strike40.00
Volume66
OI175
IV2.67
ContractSNDQ261218C00080000
SideCall
Expiry18 Dec 2026
Strike80.00
Volume65
OI16
IV2.10
ContractSNDQ260821C00015000
SideCall
Expiry21 Aug 2026
Strike15.00
Volume53
OI4
IV2.76
ContractSNDQ260821C00051000
SideCall
Expiry21 Aug 2026
Strike51.00
Volume46
OI58
IV2.82
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.