Ticker Options Intelligence

SMHI options intelligence

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

Conviction 43 Market data through 31 Jul 2026 Checked 2 Aug 2026 01:11 · complete available chain

Call-side pressure

Bullish pressure

SMHI currently carries bullish options pressure with a 43/100 conviction score. The nearest-chain expected move is 10.8%, with volume/open-interest participation at 0.20.

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

Call-side pressure

Expected move 10.8%

Wider near-term move priced

Activity / OI 0.20

Current volume is quieter versus prior open interest

Put-call 0.33

Call-side skew

Trend fit 65

Options agree with trend context

Weekly backdrop +17.9%

RS 23.8

Expected move 10.8%
Put-call volume 0.33
Volume / OI 0.20
Reference IV 0.45
Max pain 10.00
Underlying 9.43
Nearest expiry 21 Aug 2026
Contracts 40

Research Brief

SMHI has a bullish chain read with 43/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 8.41–10.45; The largest call open-interest concentration is 2.50; the largest put concentration is 5.00. The most active strike by current volume is 5.00.

Priced range8.41–10.45
Call concentration2.50
Put concentration5.00
Max pain reference10.00
What would confirm it
  • Price holds or improves while call-side concentration remains elevated.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Price weakens while call pressure fades or reverses toward puts.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 8.41 to 10.45. Max pain at 10.00 sits inside that range, 6.0% above spot.

Spot Max pain
8.419.43 ± 1.0210.45
Confirmation level

A close beyond 10.45 or below 8.41 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 43/100

Evidence alignment, not probability

Pressure is 40/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure40 × 42%
+16.8

How strongly activity leans toward calls or puts.

Participation13 × 22%
+2.8

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

Trend agreement65 × 26%
+16.8

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

Volatility72 × 10%
+7.2

The intensity of implied volatility and the priced move.

Reconstructed score43.5Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 2.50; the largest put concentration is 5.00. The most active strike by current volume is 5.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
2.50-73.5%
0
80
5.00-47.0%
0
45
7.50-20.5%
0
1
10.006.0%
0
0
12.5032.6%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Back-loaded volatility

0.82× front/back

Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.

0.45 21 Aug 21d
0.48 18 Sep 49d
0.39 16 Oct 77d
0.55 15 Jan 168d

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.

10
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

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
40 / 40
  • 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

Call activity against legacy put OI

74/100
Primary intent Call activity against legacy put OI

Call activity is dominant while put open interest remains large but current put volume is not leading.

Flow vs price divergence Bullish flow confirms price

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

Why this matters

Call activity against legacy put OI matters because it connects the options headline to the actual evidence: $8675 of estimated gross traded notional, calls · 91+ 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+40
1W price+17.9%
Call premium99%
Put premium1%
Notional split C 99% / P 1% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.20 Volume divided by open interest across the visible chain.
Trend fit 65/100 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. Do not infer a hedge unwind without next-session open-interest changes and opening/closing data.
Conviction clusters Calls · 91+ days · ITM
Calls · 91+ days · ITM calls cluster with 30 contracts traded, $8625 estimated gross traded notional, and 99% of visible notional.
$8625
Puts · 8-21 days · OTM puts cluster with 10 contracts traded, $50 estimated gross traded notional, and 1% of visible notional.
$50

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.

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
Close9.43
1W+17.9%
RS23.8
Fair value+7.1%
Options pressure40
Speculation13
Volatility72
Trend fit65

Today Versus Normal

Stored-options context

View history
Expected move 10.8% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.45 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.33 history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -
Volume/OI 0.20 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 11:41 Volatility
Pressure -100
Move 22.0%
30 Jul 11:19 Mixed
Pressure -10
Move 21.4%
31 Jul 10:53 Bearish
Pressure -60
Move 18.8%
31 Jul 15:52 Volatility
Pressure 89
Move 37.0%
31 Jul 18:02 Volatility
Pressure 98
Move 37.6%
1 Aug 05:48 Bullish
Pressure 40
Move 10.8%
2 Aug 00:11 Bullish
Pressure 40
Move 10.8%

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 10 · OI 80
Strike7.50
Calls · V 0 · OI 0
Puts · V 0 · OI 45
Strike10.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike12.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts10
Avg IV0.45
Put-call-
Expiry18 Sep 2026
Contracts10
Avg IV0.48
Put-call-
Expiry16 Oct 2026
Contracts10
Avg IV0.39
Put-call-
Expiry15 Jan 2027
Contracts10
Avg IV0.55
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.15
Put IV0.49
Skew0.34
18 Sep 2026Put IV premium
Call IV0.09
Put IV0.33
Skew0.23
16 Oct 2026Put IV premium
Call IV0.07
Put IV0.27
Skew0.20
15 Jan 2027Balanced skew
Call IV0.19
Put IV0.18
Skew-0.01

Contract Tape

Most active contracts

Full contract tape
ContractSMHI270115C00007500
SideCall
Expiry15 Jan 2027
Strike7.50
Volume30
OI30
IV0.74
ContractSMHI260821P00005000
SidePut
Expiry21 Aug 2026
Strike5.00
Volume10
OI80
IV1.21
ContractSMHI260821P00007500
SidePut
Expiry21 Aug 2026
Strike7.50
Volume-
OI45
IV0.49
ContractSMHI261016C00010000
SideCall
Expiry16 Oct 2026
Strike10.00
Volume-
OI36
IV0.07
ContractSMHI261016C00002500
SideCall
Expiry16 Oct 2026
Strike2.50
Volume-
OI3
IV0.01
ContractSMHI270115P00012500
SidePut
Expiry15 Jan 2027
Strike12.50
Volume-
OI1
IV0.62
ContractSMHI270115C00005000
SideCall
Expiry15 Jan 2027
Strike5.00
Volume-
OI1
IV0.72
ContractSMHI260821P00010000
SidePut
Expiry21 Aug 2026
Strike10.00
Volume-
OI1
IV0.01