Primary read
Volatility
Volatility expansion watch
Ticker Options Intelligence
GSHD options intelligence
Goosehead Insurance Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
52
Market data through 29 Jul 2026
Checked 30 Jul 2026 11:57 · complete available chain
Volatility expansion watch
Volatility pressure
GSHD currently carries volatility options pressure with a 52/100 conviction score. The nearest-chain expected move is 22.0%, with volume/open-interest participation at 0.14.
Expected move
22.0%
Wider near-term move priced
Activity / OI
0.14
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
+8.2%
RS -13.2
Expected move
22.0%
Put-call volume
0.04
Volume / OI
0.14
Reference IV
0.48
Max pain
55.00
Underlying
58.75
Nearest expiry
21 Aug 2026
Contracts
126
Research Brief
GSHD has a volatility chain read with 52/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 45.85–71.65; The largest call open-interest concentration is 60.00; the largest put concentration is 50.00. The most active strike by current volume is 60.00.
Priced range45.85–71.65
Call concentration60.00
Put concentration50.00
Max pain reference55.00
- A clear directional pressure reading develops and price begins to agree.
- Volatility falls and the chain remains directionally mixed.
- Options and the weekly trend are not yet giving the same message.
Priced Move
Where the chain says movement becomes exceptional
Options imply 45.85 to 71.65. Max pain at 55.00 sits inside that range, 6.4% below spot.
Spot
Max pain
45.8558.75 ± 12.9071.65
Confirmation level
A close beyond 71.65 or below 45.85 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 52/100
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.
Participation11 × 22%
+2.5
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.
Volatility73 × 10%
+7.3
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 60.00; the largest put concentration is 50.00. The most active strike by current volume is 60.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
20.00-66.0%
0
0
22.50-61.7%
0
0
25.00-57.4%
0
10
30.00-48.9%
0
0
35.00-40.4%
0
13
40.00-31.9%
0
15
45.00-23.4%
4
18
50.00-14.9%
7
7
55.00-6.4%
12
5
60.002.1%
78
3
65.0010.6%
4
0
70.0019.1%
10
0
75.0027.7%
0
7
80.0036.2%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Back-loaded volatility
Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.
0.48
21 Aug
22d
0.67
18 Sep
50d
0.71
18 Dec
141d
0.70
19 Mar
232d
Volatility by Strike
Upside optionality premium
Out-of-the-money calls carry higher implied volatility than comparable puts, indicating richer upside optionality.
50
55
60
65
70
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
Usable with limits
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 29 Jul 2026
- Calculation
- v1.x legacy
- Contracts
- 126 / 126
- 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
Volatility expansion bet
The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.
Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.
Volatility expansion bet matters because it connects the options headline to the actual evidence: $188370 of estimated gross traded notional, calls · 91+ days · atm, 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+100
1W price+8.2%
Call premium96%
Put premium4%
Notional split
C 96% / P 4%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.14
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 35 contracts traded, $72450 estimated gross traded notional, and 38% of visible notional.
$72450
Calls · 91+ days · OTM
calls cluster with 32 contracts traded, $41845 estimated gross traded notional, and 22% of visible notional.
$41845
Calls · 22-45 days · ATM
calls cluster with 30 contracts traded, $34350 estimated gross traded notional, and 18% of visible notional.
$34350
Calls · 46-90 days · OTM
calls cluster with 144 contracts traded, $29900 estimated gross traded notional, and 16% of visible notional.
$29900
Puts · 22-45 days · ITM
puts cluster with 7 contracts traded, $7455 estimated gross traded notional, and 4% of visible notional.
$7455
Setup Classification
Opportunity and risk frame
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Options positioning is not confirming the underlying trend context.
Activity Anomaly
Warming up
1 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 1 completed session
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close58.75
1W+8.2%
RS-13.2
Fair value-22.7%
Options pressure100
Speculation11
Volatility73
Trend fit0
Today Versus Normal
Stored-options context
30d avg - · 1/10 sessions
-
90d avg - · 1/30 sessions
-
180d avg - · 1/60 sessions
-
30d avg - · 1/10 sessions
-
90d avg - · 1/30 sessions
-
180d avg - · 1/60 sessions
-
30d avg - · 1/10 sessions
-
90d avg - · 1/30 sessions
-
180d avg - · 1/60 sessions
-
30d avg - · 1/10 sessions
-
90d avg - · 1/30 sessions
-
180d avg - · 1/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 11:10
Volatility
Pressure -18
Move 21.4%
30 Jul 10:57
Volatility
Pressure 100
Move 22.0%
Strike Map
Where activity is clustering
Strike20.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike22.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike25.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike30.00
Calls · V 0 · OI 0
Puts · V 1 · OI 10
Strike35.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike40.00
Calls · V 0 · OI 0
Puts · V 0 · OI 13
Strike45.00
Calls · V 0 · OI 4
Puts · V 0 · OI 15
Strike50.00
Calls · V 0 · OI 7
Puts · V 0 · OI 18
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts28
Avg IV0.48
Put-call0.25
Expiry18 Sep 2026
Contracts40
Avg IV0.67
Put-call0.01
Expiry18 Dec 2026
Contracts32
Avg IV0.71
Put-call-
Expiry19 Mar 2027
Contracts26
Avg IV0.70
Put-call-
Skew
Call/put IV balance
21 Aug 2026Call IV premium
Call IV0.58
Put IV0.40
Skew-0.19
18 Sep 2026Put IV premium
Call IV0.53
Put IV0.89
Skew0.36
18 Dec 2026Put IV premium
Call IV0.60
Put IV0.76
Skew0.16
19 Mar 2027Put IV premium
Call IV0.60
Put IV0.73
Skew0.13
Contract Tape
Most active contracts
ContractGSHD260918C00085000
SideCall
Expiry18 Sep 2026
Strike85.00
Volume110
OI671
IV0.53
ContractGSHD270319C00060000
SideCall
Expiry19 Mar 2027
Strike60.00
Volume35
OI41
IV0.68
ContractGSHD260821C00060000
SideCall
Expiry21 Aug 2026
Strike60.00
Volume30
OI78
IV0.58
ContractGSHD260918C00075000
SideCall
Expiry18 Sep 2026
Strike75.00
Volume23
OI52
IV0.57
ContractGSHD270319C00075000
SideCall
Expiry19 Mar 2027
Strike75.00
Volume12
OI-
IV0.64
ContractGSHD260918C00080000
SideCall
Expiry18 Sep 2026
Strike80.00
Volume10
OI135
IV0.50
ContractGSHD270319C00070000
SideCall
Expiry19 Mar 2027
Strike70.00
Volume8
OI-
IV0.64
ContractGSHD260821P00080000
SidePut
Expiry21 Aug 2026
Strike80.00
Volume7
OI7
IV0.64
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
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.