Ticker Options Intelligence

OXSQ options intelligence

Oxford Square Capital Corp options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 45 Market data through 3 Aug 2026 Checked 3 Aug 2026 22:37 · complete available chain

Call-side pressure

Bullish pressure

OXSQ currently carries bullish options pressure with a 45/100 conviction score. The nearest-chain expected move is 8.1%, with volume/open-interest participation at 0.07.

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

Call-side pressure

Expected move 8.1%

Wider near-term move priced

Activity / OI 0.07

Current volume is quieter versus prior open interest

Put-call 0.14

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop +7.6%

RS -11.4

Expected move 8.1%
Put-call volume 0.14
Volume / OI 0.07
Reference IV 1.36
Max pain 1.00
Underlying 1.55
Nearest expiry 21 Aug 2026
Contracts 30

Research Brief

OXSQ has a bullish chain read with 45/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 1.42–1.68; The largest call open-interest concentration is 1.50; the largest put concentration is 1.00. The most active strike by current volume is 1.50.

Priced range1.42–1.68
Call concentration1.50
Put concentration1.00
Max pain reference1.00
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 21 Aug

Options imply 1.42 to 1.68. Max pain at 1.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
1.421.55 ± 0.131.68
Confirmation level

A close beyond 1.68 or below 1.42 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 45/100

Evidence alignment, not probability

Pressure is 82/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure82 × 42%
+34.4

How strongly activity leans toward calls or puts.

Participation8 × 22%
+1.8

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.

Volatility88 × 10%
+8.8

The intensity of implied volatility and the priced move.

Reconstructed score45.0Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 1.50; the largest put concentration is 1.00. The most active strike by current volume is 1.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
0.50-67.7%
5
17
1.00-35.5%
83
14
1.50-3.2%
371
0
2.0029.0%
71
0
2.5061.3%
233
0
5.00222.6%
0
0
7.50383.9%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Positive gamma proxy

Model-estimated Greeks · 100% 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+$3,663Delta change / 1% move
Positive peak1.50+$3,352
Negative peak2.00-$4
Nearest balance2.00Interpolated sign change
StrikeNegativePositiveNet / 1% move
0.50-67.7%
+$0
1.00-35.5%
+$111
1.50-3.2%
+$3,352
2.0029.0%
-$4
2.5061.3%
+$202
5.00222.6%
+$1
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

Front-loaded volatility

1.89× front/back

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

1.36 21 Aug 18d
1.97 18 Sep 46d
0.85 20 Nov 109d
0.72 19 Feb 200d

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.

2
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

High

A96/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
3 Aug 2026
Calculation
v2.0
Contracts
30 / 30
  • 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

85/100
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 confirms price

Options pressure and weekly price action are pointing in the same constructive direction.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $7,382 of estimated gross traded notional, calls · 46-90 days · itm, and a bullish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+82
1W price+7.6%
Call premium65%
Put premium35%
Notional split C 65% / P 35% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.07 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 2 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 · 46-90 days · ITM
Calls · 46-90 days · ITM calls cluster with 39 contracts traded, $2,785 estimated gross traded notional, and 38% of visible notional.
$2,785
Puts · 8-21 days · ITM puts cluster with 6 contracts traded, $1,706 estimated gross traded notional, and 23% of visible notional.
$1,706
Calls · 91+ days · ITM calls cluster with 90 contracts traded, $1,154 estimated gross traded notional, and 16% of visible notional.
$1,154
Calls · 8-21 days · ITM calls cluster with 59 contracts traded, $860 estimated gross traded notional, and 12% of visible notional.
$860
Puts · 91+ days · ITM puts cluster with 7 contracts traded, $735 estimated gross traded notional, and 10% of visible notional.
$735

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

-

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

Baseline: 4 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close1.55
1W+7.6%
RS-11.4
Fair value-15.5%
Options pressure82
Speculation8
Volatility88
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 8.1% history building
30d avg - · 4/10 sessions -
90d avg - · 4/30 sessions -
180d avg - · 4/60 sessions -
IV 1.36 history building
30d avg - · 4/10 sessions -
90d avg - · 4/30 sessions -
180d avg - · 4/60 sessions -
Put-call 0.14 history building
30d avg - · 4/10 sessions -
90d avg - · 4/30 sessions -
180d avg - · 4/60 sessions -
Volume/OI 0.07 history building
30d avg - · 4/10 sessions -
90d avg - · 4/30 sessions -
180d avg - · 4/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:44 Bullish
Pressure 64
Move 34.0%
30 Jul 11:22 Volatility
Pressure 95
Move 18.4%
30 Jul 23:22 Bullish
Pressure 57
Move 22.6%
31 Jul 09:25 Bullish
Pressure 36
Move 22.6%
31 Jul 23:18 Volatility
Pressure 82
Move 8.7%
2 Aug 01:30 Volatility
Pressure 84
Move 8.1%
3 Aug 21:37 Bullish
Pressure 82
Move 8.1%

Strike Map

Where activity is clustering

Full strike map
Strike0.50
Calls · V 4 · OI 5
Puts · V 1 · OI 0
Strike1.00
Calls · V 1 · OI 83
Puts · V 3 · OI 17
Strike1.50
Calls · V 54 · OI 371
Puts · V 5 · OI 14
Strike2.00
Calls · V 4 · OI 71
Puts · V 0 · OI 0
Strike2.50
Calls · V 1 · OI 233
Puts · V 4 · OI 0
Strike5.00
Calls · V 1 · OI 0
Puts · V 0 · OI 0
Strike7.50
Calls · V 0 · OI 0
Puts · V 2 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts11
Avg IV1.36
Put-call0.23
Expiry18 Sep 2026
Contracts4
Avg IV1.97
Put-call0.03
Expiry20 Nov 2026
Contracts11
Avg IV0.85
Put-call0.13
Expiry19 Feb 2027
Contracts4
Avg IV0.72
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV1.03
Put IV1.91
Skew0.87
18 Sep 2026Put IV premium
Call IV0.66
Put IV3.98
Skew3.33
20 Nov 2026Put IV premium
Call IV0.55
Put IV0.95
Skew0.40
19 Feb 2027Incomplete skew
Call IV0.54
Put IV-
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractOXSQ260918C00002000
SideCall
Expiry18 Sep 2026
Strike2.00
Volume-
OI180
IV0.66
ContractOXSQ270219C00002500
SideCall
Expiry19 Feb 2027
Strike2.50
Volume-
OI1
IV0.66
ContractOXSQ270219C00002000
SideCall
Expiry19 Feb 2027
Strike2.00
Volume-
OI1
IV0.54
ContractOXSQ261120P00000500
SidePut
Expiry20 Nov 2026
Strike0.50
Volume-
OI-
IV0.50
ContractOXSQ261120C00001500
SideCall
Expiry20 Nov 2026
Strike1.50
Volume84
OI691
IV0.42
ContractOXSQ260821C00001500
SideCall
Expiry21 Aug 2026
Strike1.50
Volume54
OI371
IV0.66
ContractOXSQ260918C00001000
SideCall
Expiry18 Sep 2026
Strike1.00
Volume37
OI152
IV2.58
ContractOXSQ260821P00001500
SidePut
Expiry21 Aug 2026
Strike1.50
Volume5
OI14
IV1.91