Ticker Options Intelligence

ALC options intelligence

Alcon AG options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 37 Market data through 29 Jul 2026 Checked 30 Jul 2026 03:44 · complete available chain

Options-market disagreement

Mixed pressure

ALC currently carries mixed options pressure with a 37/100 conviction score. The nearest-chain expected move is 8.5%, with volume/open-interest participation at 0.16.

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

Options-market disagreement

Expected move 8.5%

Wider near-term move priced

Activity / OI 0.16

Current volume is quieter versus prior open interest

Put-call 0.66

Call-side skew

Trend fit 53

Options are not fully confirming trend

Weekly backdrop -3.3%

RS -16.9

Expected move 8.5%
Put-call volume 0.66
Volume / OI 0.16
Reference IV 0.47
Max pain 70.00
Underlying 67.91
Nearest expiry 21 Aug 2026
Contracts 276

Options Intent Radar

Earnings/event positioning

74/100
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 No clean flow/price divergence

The options read is mixed, so divergence is not strong enough to classify.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $2.1M of estimated gross traded notional, calls · 91+ days · itm, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+17
1W price-3.3%
Call premium67%
Put premium33%
Notional split C 67% / P 33% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.16 Volume divided by open interest across the visible chain.
Trend fit 53/100 Agreement between options pressure and Sharemaestro market context.
Event window 10 Aug Matched earnings event is 11 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 · ITM
Calls · 91+ days · ITM calls cluster with 739 contracts traded, $947090 estimated gross traded notional, and 45% of visible notional.
$947090
Puts · 91+ days · ITM puts cluster with 382 contracts traded, $510835 estimated gross traded notional, and 24% of visible notional.
$510835
Calls · 91+ days · OTM calls cluster with 700 contracts traded, $292041 estimated gross traded notional, and 14% of visible notional.
$292041
Calls · 91+ days · ATM calls cluster with 119 contracts traded, $100045 estimated gross traded notional, and 5% of visible notional.
$100045
Puts · 91+ days · OTM puts cluster with 473 contracts traded, $89778 estimated gross traded notional, and 4% of visible notional.
$89778

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

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
Close67.91
1W-3.3%
RS-16.9
Fair value-16.4%
Options pressure17
Speculation44
Volatility67
Trend fit53

Today Versus Normal

Stored-options context

View history
Expected move 8.5% elevated
30d avg 8.1% · 1 read 100th
90d avg 8.1% · 1 read 100th
180d avg 8.1% · 1 read 100th
IV 0.47 elevated
30d avg 0.38 · 1 read 100th
90d avg 0.38 · 1 read 100th
180d avg 0.38 · 1 read 100th
Put-call 0.66 elevated
30d avg 0.11 · 1 read 100th
90d avg 0.11 · 1 read 100th
180d avg 0.11 · 1 read 100th
Volume/OI 0.16 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 10:13 Bullish
Pressure 77
Move 8.1%
30 Jul 02:44 Mixed
Pressure 17
Move 8.5%

Strike Map

Where activity is clustering

Full strike map
Strike45.00
Calls · V 4 · OI 4
Puts · V 5 · OI 6
Strike50.00
Calls · V 0 · OI 0
Puts · V 30 · OI 48
Strike55.00
Calls · V 0 · OI 2
Puts · V 1 · OI 7
Strike57.50
Calls · V 0 · OI 0
Puts · V 3 · OI 29
Strike60.00
Calls · V 3 · OI 20
Puts · V 1 · OI 54
Strike62.50
Calls · V 25 · OI 16
Puts · V 12 · OI 172
Strike65.00
Calls · V 1 · OI 87
Puts · V 3 · OI 157
Strike67.50
Calls · V 17 · OI 117
Puts · V 17 · OI 63

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts36
Avg IV0.47
Put-call1.34
Expiry18 Sep 2026
Contracts11
Avg IV0.36
Put-call6.56
Expiry20 Nov 2026
Contracts29
Avg IV0.36
Put-call0.10
Expiry18 Dec 2026
Contracts42
Avg IV0.33
Put-call1.74
Expiry15 Jan 2027
Contracts42
Avg IV0.32
Put-call0.59

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.47
Put IV0.48
Skew0.02
18 Sep 2026Balanced skew
Call IV0.37
Put IV0.37
Skew0.00
20 Nov 2026Put IV premium
Call IV0.35
Put IV0.42
Skew0.07
18 Dec 2026Balanced skew
Call IV0.35
Put IV0.32
Skew-0.03
15 Jan 2027Balanced skew
Call IV0.34
Put IV0.30
Skew-0.04

Contract Tape

Most active contracts

Full contract tape
ContractALC270115C00105000
SideCall
Expiry15 Jan 2027
Strike105.00
Volume-
OI95
IV0.59
ContractALC261120C00062500
SideCall
Expiry20 Nov 2026
Strike62.50
Volume-
OI82
IV0.41
ContractALC270115C00057500
SideCall
Expiry15 Jan 2027
Strike57.50
Volume-
OI47
IV0.44
ContractALC270617C00060000
SideCall
Expiry17 Jun 2027
Strike60.00
Volume-
OI45
IV0.36
ContractALC280121C00092500
SideCall
Expiry21 Jan 2028
Strike92.50
Volume-
OI33
IV0.36
ContractALC261120C00060000
SideCall
Expiry20 Nov 2026
Strike60.00
Volume-
OI31
IV0.43
ContractALC271217P00037500
SidePut
Expiry17 Dec 2027
Strike37.50
Volume-
OI30
IV0.49
ContractALC261218C00062500
SideCall
Expiry18 Dec 2026
Strike62.50
Volume-
OI28
IV0.40