Ticker Options Intelligence

KMX options intelligence

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

Conviction 42 Market data through 29 Jul 2026 Checked 30 Jul 2026 04:40 · complete available chain

Options-market disagreement

Mixed pressure

KMX currently carries mixed options pressure with a 42/100 conviction score. The nearest-chain expected move is 9.0%, with volume/open-interest participation at 0.05.

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

Options-market disagreement

Expected move 9.0%

Wider near-term move priced

Activity / OI 0.05

Current volume is quieter versus prior open interest

Put-call 1.60

Put-side skew

Trend fit 72

Options agree with trend context

Weekly backdrop +1.7%

RS 17.1

Expected move 9.0%
Put-call volume 1.60
Volume / OI 0.05
Reference IV 0.43
Max pain 57.50
Underlying 58.29
Nearest expiry 21 Aug 2026
Contracts 314

Options Intent Radar

Multi-expiry position-maintenance candidate

70/100
Primary intent Multi-expiry position-maintenance candidate

Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.

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

Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $1.7M 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+1.7%
Call premium69%
Put premium31%
Notional split C 69% / P 31% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.05 Volume divided by open interest across the visible chain.
Trend fit 72/100 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. Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.
Conviction clusters Calls · 91+ days · ITM
Calls · 91+ days · ITM calls cluster with 292 contracts traded, $814570 estimated gross traded notional, and 49% of visible notional.
$814570
Puts · 91+ days · ITM puts cluster with 165 contracts traded, $199000 estimated gross traded notional, and 12% of visible notional.
$199000
Puts · 22-45 days · ATM puts cluster with 857 contracts traded, $147832 estimated gross traded notional, and 9% of visible notional.
$147832
Puts · 22-45 days · ITM puts cluster with 287 contracts traded, $89035 estimated gross traded notional, and 5% of visible notional.
$89035
Calls · 46-90 days · OTM calls cluster with 352 contracts traded, $73822 estimated gross traded notional, and 4% of visible notional.
$73822

Setup Classification

Opportunity and risk frame

Context, not advice
Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

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.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

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
Close58.29
1W+1.7%
RS17.1
Fair value-10.2%
Options pressure-17
Speculation41
Volatility66
Trend fit72

Today Versus Normal

Stored-options context

View history
Expected move 9.0% elevated
30d avg 8.8% · 1 read 100th
90d avg 8.8% · 1 read 100th
180d avg 8.8% · 1 read 100th
IV 0.43 elevated
30d avg 0.43 · 1 read 100th
90d avg 0.43 · 1 read 100th
180d avg 0.43 · 1 read 100th
Put-call 1.60 elevated
30d avg 1.14 · 1 read 100th
90d avg 1.14 · 1 read 100th
180d avg 1.14 · 1 read 100th
Volume/OI 0.05 elevated
30d avg 0.01 · 1 read 100th
90d avg 0.01 · 1 read 100th
180d avg 0.01 · 1 read 100th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:36 Mixed
Pressure -1
Move 8.8%
30 Jul 03:40 Mixed
Pressure -17
Move 9.0%

Strike Map

Where activity is clustering

Full strike map
Strike30.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike32.50
Calls · V 0 · OI 2
Puts · V 0 · OI 2
Strike35.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike37.50
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike40.00
Calls · V 0 · OI 10
Puts · V 1 · OI 37
Strike42.50
Calls · V 0 · OI 10
Puts · V 3 · OI 258
Strike45.00
Calls · V 0 · OI 0
Puts · V 4 · OI 312
Strike47.50
Calls · V 0 · OI 12
Puts · V 4 · OI 44

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts36
Avg IV0.43
Put-call4.17
Expiry18 Sep 2026
Contracts50
Avg IV0.43
Put-call0.30
Expiry16 Oct 2026
Contracts46
Avg IV0.52
Put-call0.18
Expiry15 Jan 2027
Contracts80
Avg IV0.51
Put-call4.61
Expiry21 Jan 2028
Contracts52
Avg IV0.52
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.42
Put IV0.44
Skew0.02
18 Sep 2026Balanced skew
Call IV0.42
Put IV0.43
Skew0.01
16 Oct 2026Balanced skew
Call IV0.49
Put IV0.52
Skew0.03
15 Jan 2027Balanced skew
Call IV0.50
Put IV0.51
Skew0.01
21 Jan 2028Balanced skew
Call IV0.50
Put IV0.55
Skew0.05

Contract Tape

Most active contracts

Full contract tape
ContractKMX260821P00057500
SidePut
Expiry21 Aug 2026
Strike57.50
Volume857
OI298
IV0.43
ContractKMX260821P00055000
SidePut
Expiry21 Aug 2026
Strike55.00
Volume254
OI227
IV0.44
ContractKMX260821P00060000
SidePut
Expiry21 Aug 2026
Strike60.00
Volume252
OI745
IV0.42
ContractKMX280121C00040000
SideCall
Expiry21 Jan 2028
Strike40.00
Volume195
OI914
IV0.60
ContractKMX260821C00065000
SideCall
Expiry21 Aug 2026
Strike65.00
Volume109
OI361
IV0.42
ContractKMX261016C00070000
SideCall
Expiry16 Oct 2026
Strike70.00
Volume103
OI5160
IV0.49
ContractKMX261016C00075000
SideCall
Expiry16 Oct 2026
Strike75.00
Volume99
OI887
IV0.50
ContractKMX270115P00065000
SidePut
Expiry15 Jan 2027
Strike65.00
Volume90
OI52
IV0.48