Ticker Options Intelligence

ORBS options intelligence

Eightco Holdings Inc. options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 34 Market data through 31 Jul 2026 Checked 2 Aug 2026 00:06 · complete available chain

Call-side pressure

Bullish pressure

ORBS currently carries bullish options pressure with a 34/100 conviction score. The nearest-chain expected move is 21.5%, with volume/open-interest participation at 0.01.

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

Call-side pressure

Expected move 21.5%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 0.40

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop -0.1%

RS -80.0

Expected move 21.5%
Put-call volume 0.40
Volume / OI 0.01
Reference IV 2.69
Max pain 0.50
Underlying 0.60
Nearest expiry 7 Aug 2026
Contracts 96

Research Brief

ORBS 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 0.47–0.73; The largest call open-interest concentration is 1.00; the largest put concentration is 1.00. The most active strike by current volume is 0.50.

Priced range0.47–0.73
Call concentration1.00
Put concentration1.00
Max pain reference0.50
What would confirm it
  • Price holds or improves while call-side concentration remains elevated.
What would weaken it
  • 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

Size, not direction · through 7 Aug

Options imply 0.47 to 0.73. Max pain at 0.50 sits inside that range, 17.1% below spot.

Spot Max pain
0.470.60 ± 0.130.73
Confirmation level

A close beyond 0.73 or below 0.47 at the 7 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 34/100

Evidence alignment, not probability

Pressure is 50/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure50 × 42%
+20.9

How strongly activity leans toward calls or puts.

Participation16 × 22%
+3.6

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.

Volatility96 × 10%
+9.6

The intensity of implied volatility and the priced move.

Reconstructed score34.1Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 1.00; the largest put concentration is 1.00. The most active strike by current volume is 0.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
31
0.50-17.1%
141
39
1.0065.8%
5819
0
1.50148.6%
12
0
2.00231.5%
6
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.61× front/back

Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.

2.69 7 Aug 7d
2.54 14 Aug 14d
2.13 21 Aug 21d
1.76 28 Aug 28d
1.58 4 Sep 35d
1.21 11 Sep 42d
1.83 18 Sep 49d
1.76 16 Oct 77d

Volatility by Strike

Smile incomplete

Nearest expiry, within 20% of spot

There is not enough comparable OTM call and put volatility to classify the smile.

1
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 directional observations

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

High

A97/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
96 / 96
  • 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

81/100
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 Bullish flow before price confirmation

Call-side pressure is building before a meaningful weekly price response.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $23800 of estimated gross traded notional, puts · 91+ days · itm, 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+50
1W price-0.1%
Call premium41%
Put premium59%
Notional split C 41% / P 59% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.01 Volume divided by open interest across the visible chain.
Trend fit 0/100 Agreement between options pressure and Sharemaestro market context.
Event window 18 Aug Matched earnings event is 16 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 Puts · 91+ days · ITM
Puts · 91+ days · ITM puts cluster with 200 contracts traded, $11000 estimated gross traded notional, and 46% of visible notional.
$11000
Calls · 46-90 days · ITM calls cluster with 234 contracts traded, $5225 estimated gross traded notional, and 22% of visible notional.
$5225
Calls · 46-90 days · OTM calls cluster with 364 contracts traded, $3445 estimated gross traded notional, and 14% of visible notional.
$3445
Puts · 46-90 days · ITM puts cluster with 17 contracts traded, $2065 estimated gross traded notional, and 9% of visible notional.
$2065
Calls · 91+ days · OTM calls cluster with 54 contracts traded, $665 estimated gross traded notional, and 3% of visible notional.
$665

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
Close0.60
1W-0.1%
RS-80.0
Fair value-75.0%
Options pressure50
Speculation16
Volatility96
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 21.5% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 2.69 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.40 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.01 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 11:30 Bullish
Pressure 54
Move 28.7%
30 Jul 11:14 Volatility
Pressure 81
Move 22.6%
31 Jul 10:51 Volatility
Pressure 100
Move 26.6%
1 Aug 09:48 Bullish
Pressure 50
Move 21.5%
1 Aug 23:06 Bullish
Pressure 50
Move 21.5%

Strike Map

Where activity is clustering

Full strike map
Strike0.50
Calls · V 4 · OI 141
Puts · V 1 · OI 31
Strike1.00
Calls · V 0 · OI 5819
Puts · V 0 · OI 39
Strike1.50
Calls · V 0 · OI 12
Puts · V 0 · OI 0
Strike2.00
Calls · V 0 · OI 6
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry7 Aug 2026
Contracts8
Avg IV2.69
Put-call0.25
Expiry14 Aug 2026
Contracts8
Avg IV2.54
Put-call0.11
Expiry21 Aug 2026
Contracts14
Avg IV2.13
Put-call-
Expiry28 Aug 2026
Contracts8
Avg IV1.76
Put-call-
Expiry4 Sep 2026
Contracts8
Avg IV1.58
Put-call10.00

Skew

Call/put IV balance

OTM demand
7 Aug 2026Call IV premium
Call IV2.59
Put IV1.44
Skew-1.15
14 Aug 2026Call IV premium
Call IV1.83
Put IV1.02
Skew-0.81
21 Aug 2026Call IV premium
Call IV1.50
Put IV0.83
Skew-0.66
28 Aug 2026Call IV premium
Call IV1.29
Put IV0.73
Skew-0.57
4 Sep 2026Call IV premium
Call IV1.16
Put IV0.65
Skew-0.51

Contract Tape

Most active contracts

Full contract tape
ContractORBS261016C00001000
SideCall
Expiry16 Oct 2026
Strike1.00
Volume286
OI15305
IV1.77
ContractORBS261016C00000500
SideCall
Expiry16 Oct 2026
Strike0.50
Volume226
OI11917
IV1.64
ContractORBS270115P00001000
SidePut
Expiry15 Jan 2027
Strike1.00
Volume200
OI993
IV1.62
ContractORBS261016C00001500
SideCall
Expiry16 Oct 2026
Strike1.50
Volume55
OI3570
IV2.10
ContractORBS270115C00001500
SideCall
Expiry15 Jan 2027
Strike1.50
Volume41
OI1878
IV1.67
ContractORBS260918C00001000
SideCall
Expiry18 Sep 2026
Strike1.00
Volume23
OI531
IV2.00
ContractORBS260918P00000500
SidePut
Expiry18 Sep 2026
Strike0.50
Volume20
OI17
IV1.60
ContractORBS261016P00001000
SidePut
Expiry16 Oct 2026
Strike1.00
Volume15
OI6842
IV1.40