Ticker Options Intelligence

GLRE options intelligence

Greenlight Capital Re Ltd options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 31 Market data through 30 Jul 2026 Checked 31 Jul 2026 14:34 · complete available chain

Options-market disagreement

Mixed pressure

GLRE currently carries mixed options pressure with a 31/100 conviction score. The nearest-chain expected move is 7.6%, with volume/open-interest participation at 0.00.

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

Options-market disagreement

Expected move 7.6%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call -

Balanced tape

Trend fit 82

Options agree with trend context

Weekly backdrop -0.5%

RS 6.2

Expected move 7.6%
Put-call volume -
Volume / OI -
Reference IV 0.31
Max pain 2.50
Underlying 16.99
Nearest expiry 21 Aug 2026
Contracts 92

Research Brief

GLRE has a mixed chain read with 31/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 15.71–18.27; The largest call open-interest concentration is 17.50; the largest put concentration is 15.00. The most active strike by current volume is 2.50.

Priced range15.71–18.27
Call concentration17.50
Put concentration15.00
Max pain reference2.50
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.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 15.71 to 18.27. Max pain at 2.50 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
15.7116.99 ± 1.2818.27
Confirmation level

A close beyond 18.27 or below 15.71 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 31/100

Evidence alignment, not probability

Pressure is 12/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure12 × 42%
+4.9

How strongly activity leans toward calls or puts.

Participation0 × 22%
+0.0

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

Trend agreement82 × 26%
+21.2

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 score31.3Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 17.50; the largest put concentration is 15.00. The most active strike by current volume is 2.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
2.50-85.3%
6
0
5.00-70.6%
0
0
7.50-55.9%
0
0
10.00-41.1%
0
0
12.50-26.4%
1
1
15.00-11.7%
24
0
17.503.0%
164
0
20.0017.7%
6
0
22.5032.4%
0
0
25.0047.1%
0
0
30.0076.6%
0
0
35.00106.0%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

1.00× front/back

Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.

0.31 21 Aug 22d
0.42 18 Sep 50d
0.31 20 Nov 113d
0.31 19 Feb 204d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

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

15
18
20
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

Usable with limits

C69/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
30 Jul 2026
Calculation
v2.0
Contracts
92 / 92
  • 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

Likely noise

31/100
Primary intent Likely noise

Visible options activity is too thin or mixed to support a strong intent classification.

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

Likely noise matters because it connects the options headline to the actual evidence: $0 of estimated gross traded notional, no dominant cluster, 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+12
1W price-0.5%
Call premium0%
Put premium0%
Notional split C 0% / P 0% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.00 Volume divided by open interest across the visible chain.
Trend fit 82/100 Agreement between options pressure and Sharemaestro market context.
Event window 3 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 No dominant cluster

No high-conviction option cluster is visible in this snapshot.

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

-

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

Baseline: 2 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close16.99
1W-0.5%
RS6.2
Fair value+26.5%
Options pressure12
Speculation0
Volatility52
Trend fit82

Today Versus Normal

Stored-options context

View history
Expected move 7.6% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 0.31 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call - history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -
Volume/OI 0.00 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:25 Mixed
Pressure 12
Move 11.4%
30 Jul 11:11 Bullish
Pressure 100
Move 11.1%
30 Jul 21:11 Bullish
Pressure 100
Move 16.9%
31 Jul 13:34 Mixed
Pressure 12
Move 7.6%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 6
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike7.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike10.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike12.50
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike15.00
Calls · V 0 · OI 24
Puts · V 0 · OI 1
Strike17.50
Calls · V 0 · OI 164
Puts · V 0 · OI 0
Strike20.00
Calls · V 0 · OI 6
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts24
Avg IV0.31
Put-call-
Expiry18 Sep 2026
Contracts22
Avg IV0.42
Put-call-
Expiry20 Nov 2026
Contracts24
Avg IV0.31
Put-call-
Expiry19 Feb 2027
Contracts22
Avg IV0.31
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.11
Put IV0.23
Skew0.12
18 Sep 2026Put IV premium
Call IV0.07
Put IV0.15
Skew0.08
20 Nov 2026Put IV premium
Call IV0.04
Put IV0.11
Skew0.07
19 Feb 2027Balanced skew
Call IV0.10
Put IV0.08
Skew-0.02

Contract Tape

Most active contracts

Full contract tape
ContractGLRE260821C00017500
SideCall
Expiry21 Aug 2026
Strike17.50
Volume-
OI164
IV0.11
ContractGLRE261120C00020000
SideCall
Expiry20 Nov 2026
Strike20.00
Volume-
OI29
IV0.15
ContractGLRE260821C00015000
SideCall
Expiry21 Aug 2026
Strike15.00
Volume-
OI24
IV0.01
ContractGLRE261120C00012500
SideCall
Expiry20 Nov 2026
Strike12.50
Volume-
OI11
IV0.61
ContractGLRE261120C00017500
SideCall
Expiry20 Nov 2026
Strike17.50
Volume-
OI7
IV0.04
ContractGLRE260821C00002500
SideCall
Expiry21 Aug 2026
Strike2.50
Volume-
OI6
IV7.42
ContractGLRE260821C00020000
SideCall
Expiry21 Aug 2026
Strike20.00
Volume-
OI6
IV0.35
ContractGLRE270219P00015000
SidePut
Expiry19 Feb 2027
Strike15.00
Volume-
OI2
IV0.08