Ticker Options Intelligence

INVX options intelligence

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

Conviction 27 Market data through 31 Jul 2026 Checked 31 Jul 2026 14:44 · complete available chain

Options-market disagreement

Mixed pressure

INVX currently carries mixed options pressure with a 27/100 conviction score. The nearest-chain expected move is 15.5%, with volume/open-interest participation at 0.24.

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

Options-market disagreement

Expected move 15.5%

Wider near-term move priced

Activity / OI 0.24

Current volume is quieter versus prior open interest

Put-call 1.28

Put-side skew

Trend fit 70

Options agree with trend context

Weekly backdrop +4.6%

RS 11.3

Expected move 15.5%
Put-call volume 1.28
Volume / OI 0.24
Reference IV 0.18
Max pain 25.00
Underlying 26.84
Nearest expiry 21 Aug 2026
Contracts 22

Research Brief

INVX has a mixed chain read with 27/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 22.69–30.99; The largest call open-interest concentration is 30.00; the largest put concentration is 25.00. The most active strike by current volume is 25.00.

Priced range22.69–30.99
Call concentration30.00
Put concentration25.00
Max pain reference25.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • 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 22.69 to 30.99. Max pain at 25.00 sits inside that range, 6.9% below spot.

Spot Max pain
22.6926.84 ± 4.1530.99
Confirmation level

A close beyond 30.99 or below 22.69 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 27/100

Evidence alignment, not probability

Pressure is 2/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure2 × 42%
+0.9

How strongly activity leans toward calls or puts.

Participation13 × 22%
+3.0

Volume relative to existing open interest and contract-level activity.

Trend agreement70 × 26%
+18.3

How closely the chain read agrees with the underlying trend backdrop.

Volatility52 × 10%
+5.2

The intensity of implied volatility and the priced move.

Reconstructed score27.4Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 30.00; the largest put concentration is 25.00. The most active strike by current volume is 25.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
8
20.00-25.5%
0
11
22.50-16.2%
0
20
25.00-6.9%
17
0
30.0011.8%
48
0
40.0049.0%
1
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.13× front/back

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

0.18 21 Aug 21d
0.15 18 Sep 49d
0.16 18 Dec 140d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

Comparable upside calls and downside puts carry broadly similar implied volatility.

23
25
30
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 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
  • 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

A96/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
22 / 22
  • 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

76/100
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 No clean flow/price divergence

The options read is mixed, so divergence is not strong enough to classify.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $13319 of estimated gross traded notional, calls · 46-90 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-2
1W price+4.6%
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 0.24 Volume divided by open interest across the visible chain.
Trend fit 70/100 Agreement between options pressure and Sharemaestro market context.
Event window 3 Aug Matched earnings event is 1 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 6 contracts traded, $5955 estimated gross traded notional, and 45% of visible notional.
$5955
Puts · 8-21 days · OTM puts cluster with 31 contracts traded, $2660 estimated gross traded notional, and 20% of visible notional.
$2660
Puts · 46-90 days · OTM puts cluster with 6 contracts traded, $1498 estimated gross traded notional, and 11% of visible notional.
$1498
Calls · 91+ days · ITM calls cluster with 2 contracts traded, $1188 estimated gross traded notional, and 9% of visible notional.
$1188
Calls · 8-21 days · OTM calls cluster with 13 contracts traded, $650 estimated gross traded notional, and 5% of visible notional.
$650

Setup Classification

Opportunity and risk frame

Context, not advice
Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

Warning Event-risk setup

Expected move or upcoming earnings makes the setup more event-sensitive.

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
Close28.08
1W+4.6%
RS11.3
Fair value+37.8%
Options pressure-2
Speculation13
Volatility52
Trend fit70

Today Versus Normal

Stored-options context

View history
Expected move 15.5% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.18 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 1.28 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.24 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 11:02 Volatility
Pressure 100
Move 12.4%
30 Jul 10:51 Volatility
Pressure 100
Move 12.0%
30 Jul 15:25 Mixed
Pressure 9
Move 11.7%
30 Jul 17:07 Mixed
Pressure -7
Move 11.5%
31 Jul 13:44 Mixed
Pressure -2
Move 15.5%

Strike Map

Where activity is clustering

Full strike map
Strike20.00
Calls · V 0 · OI 0
Puts · V 1 · OI 8
Strike22.50
Calls · V 0 · OI 0
Puts · V 10 · OI 11
Strike25.00
Calls · V 1 · OI 17
Puts · V 20 · OI 20
Strike30.00
Calls · V 13 · OI 48
Puts · V 0 · OI 0
Strike40.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts6
Avg IV0.18
Put-call2.21
Expiry18 Sep 2026
Contracts11
Avg IV0.15
Put-call0.60
Expiry18 Dec 2026
Contracts5
Avg IV0.16
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV0.13
Put IV0.06
Skew-0.06
18 Sep 2026Balanced skew
Call IV0.06
Put IV0.06
Skew-
18 Dec 2026Incomplete skew
Call IV0.06
Put IV-
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractINVX260821C00040000
SideCall
Expiry21 Aug 2026
Strike40.00
Volume-
OI1
IV0.50
ContractINVX261218C00025000
SideCall
Expiry18 Dec 2026
Strike25.00
Volume-
OI1
IV0.60
ContractINVX260918P00020000
SidePut
Expiry18 Sep 2026
Strike20.00
Volume-
OI-
IV0.25
ContractINVX260918P00012500
SidePut
Expiry18 Sep 2026
Strike12.50
Volume-
OI-
IV0.50
ContractINVX260918C00040000
SideCall
Expiry18 Sep 2026
Strike40.00
Volume-
OI-
IV0.25
ContractINVX260821P00025000
SidePut
Expiry21 Aug 2026
Strike25.00
Volume20
OI20
IV0.06
ContractINVX260821C00030000
SideCall
Expiry21 Aug 2026
Strike30.00
Volume13
OI48
IV0.13
ContractINVX260821P00022500
SidePut
Expiry21 Aug 2026
Strike22.50
Volume10
OI11
IV0.13