Ticker Options Intelligence

ARIS options intelligence

Aris Mining Corporation options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 60 Market data through 31 Jul 2026 Checked 2 Aug 2026 16:28 · complete available chain

Volatility expansion watch

Volatility pressure

ARIS currently carries volatility options pressure with a 60/100 conviction score. The nearest-chain expected move is 15.1%, with volume/open-interest participation at 0.18.

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

Volatility expansion watch

Expected move 15.1%

Wider near-term move priced

Activity / OI 0.18

Current volume is quieter versus prior open interest

Put-call 0.03

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop -8.9%

RS -8.4

Expected move 15.1%
Put-call volume 0.03
Volume / OI 0.18
Reference IV 0.63
Max pain 15.00
Underlying 13.36
Nearest expiry 21 Aug 2026
Contracts 92

Research Brief

ARIS has a volatility chain read with 60/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 11.35–15.37; The largest call open-interest concentration is 17.50; the largest put concentration is 15.00. The most active strike by current volume is 12.50.

Priced range11.35–15.37
Call concentration17.50
Put concentration15.00
Max pain reference15.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
What would weaken it
  • 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

Size, not direction · through 21 Aug

Options imply 11.35 to 15.37. Max pain at 15.00 sits inside that range, 12.3% above spot.

Spot Max pain
11.3513.36 ± 2.0115.37
Confirmation level

A close beyond 15.37 or below 11.35 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 60/100

Evidence alignment, not probability

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.

Participation44 × 22%
+9.7

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.

Volatility84 × 10%
+8.4

The intensity of implied volatility and the priced move.

Reconstructed score60.1Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 17.50; the largest put concentration is 15.00. The most active strike by current volume is 12.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
2.50-81.3%
0
0
5.00-62.6%
0
130
7.50-43.9%
0
1
10.00-25.1%
2
48
12.50-6.4%
165
176
15.0012.3%
386
58
17.5031.0%
424
0
20.0049.7%
242
0
22.5068.4%
114
0
25.0087.1%
0
0
30.00124.6%
0
0
35.00162.0%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Positive gamma proxy

Reported Greeks · 93% coverage

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+$50,715Delta change / 1% move
Positive peak17.50+$27,147
Negative peak15.00-$948
Nearest balance14.80Interpolated sign change
StrikeNegativePositiveNet / 1% move
5.00-62.6%
+$61
7.50-43.9%
-$136
10.00-25.1%
+$2,023
12.50-6.4%
+$11,140
15.0012.3%
-$948
17.5031.0%
+$27,147
20.0049.7%
+$7,136
22.5068.4%
+$749
25.0087.1%
+$2,206
30.00124.6%
+$1,018
35.00162.0%
+$320
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

Balanced volatility curve

0.91× front/back

Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.

0.63 21 Aug 21d
0.76 18 Sep 49d
0.71 18 Dec 140d
0.69 19 Mar 231d

Volatility by Strike

Upside optionality premium

Nearest expiry, within 20% of spot

Out-of-the-money calls carry higher implied volatility than comparable puts, indicating richer upside optionality.

13
15
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 matured · 0 directional

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

C69/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
92 / 92
  • 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

Earnings/event positioning

87/100
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 Volatility flow versus price

Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $240,660 of estimated gross traded notional, calls · 91+ days · otm, 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-8.9%
Call premium90%
Put premium10%
Notional split C 90% / P 10% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.18 Volume divided by open interest across the visible chain.
Trend fit 0/100 Agreement between options pressure and Sharemaestro market context.
Event window 6 Aug Matched earnings event is 3 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 · OTM
Calls · 91+ days · OTM calls cluster with 660 contracts traded, $81,050 estimated gross traded notional, and 34% of visible notional.
$81,050
Calls · 8-21 days · ITM calls cluster with 736 contracts traded, $77,280 estimated gross traded notional, and 32% of visible notional.
$77,280
Calls · 91+ days · ITM calls cluster with 100 contracts traded, $30,000 estimated gross traded notional, and 12% of visible notional.
$30,000
Calls · 46-90 days · OTM calls cluster with 628 contracts traded, $26,782 estimated gross traded notional, and 11% of visible notional.
$26,782
Puts · 46-90 days · ITM puts cluster with 28 contracts traded, $11,528 estimated gross traded notional, and 5% of visible notional.
$11,528

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.

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Activity Anomaly

Warming up

-

3 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.

Baseline: 3 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close13.36
1W-8.9%
RS-8.4
Fair value+90.1%
Options pressure100
Speculation44
Volatility84
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 15.1% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.63 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.03 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.18 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:51 Bullish
Pressure 100
Move 14.5%
30 Jul 10:42 Bullish
Pressure 60
Move 13.3%
30 Jul 15:07 Bullish
Pressure 34
Move 15.9%
30 Jul 15:32 Bullish
Pressure 34
Move 15.7%
30 Jul 16:25 Bullish
Pressure 34
Move 15.7%
30 Jul 19:45 Bullish
Pressure 37
Move 12.8%
31 Jul 11:09 Volatility
Pressure 100
Move 12.1%
31 Jul 14:40 Bullish
Pressure 57
Move 16.9%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike7.50
Calls · V 0 · OI 0
Puts · V 0 · OI 130
Strike10.00
Calls · V 0 · OI 2
Puts · V 0 · OI 1
Strike12.50
Calls · V 736 · OI 165
Puts · V 0 · OI 48
Strike15.00
Calls · V 31 · OI 386
Puts · V 4 · OI 176
Strike17.50
Calls · V 0 · OI 424
Puts · V 23 · OI 58
Strike20.00
Calls · V 0 · OI 242
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts24
Avg IV0.63
Put-call0.04
Expiry18 Sep 2026
Contracts24
Avg IV0.76
Put-call0.07
Expiry18 Dec 2026
Contracts22
Avg IV0.71
Put-call-
Expiry19 Mar 2027
Contracts22
Avg IV0.69
Put-call1.00

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV0.25
Put IV0.17
Skew-0.08
18 Sep 2026Balanced skew
Call IV0.66
Put IV0.61
Skew-0.05
18 Dec 2026Balanced skew
Call IV0.68
Put IV0.71
Skew0.03
19 Mar 2027Put IV premium
Call IV0.59
Put IV0.85
Skew0.26

Contract Tape

Most active contracts

Full contract tape
ContractARIS260821C00012500
SideCall
Expiry21 Aug 2026
Strike12.50
Volume736
OI165
IV0.40
ContractARIS261218C00017500
SideCall
Expiry18 Dec 2026
Strike17.50
Volume500
OI1360
IV0.70
ContractARIS260918C00020000
SideCall
Expiry18 Sep 2026
Strike20.00
Volume318
OI1244
IV0.47
ContractARIS260918C00015000
SideCall
Expiry18 Sep 2026
Strike15.00
Volume301
OI419
IV0.66
ContractARIS261218C00015000
SideCall
Expiry18 Dec 2026
Strike15.00
Volume155
OI264
IV0.65
ContractARIS261218C00012500
SideCall
Expiry18 Dec 2026
Strike12.50
Volume100
OI273
IV0.78
ContractARIS260821C00015000
SideCall
Expiry21 Aug 2026
Strike15.00
Volume31
OI386
IV0.25
ContractARIS260918P00017500
SidePut
Expiry18 Sep 2026
Strike17.50
Volume23
OI109
IV0.83