Ticker Options Intelligence

MFC options intelligence

Name: Sharemaestro MFC Options Intent Radar
Creator: Sharemaestro
License: https://sharemaestro.com/data-license/

Manulife Financial Corp options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 32 Market data through 17 Sep 2026 Checked 18 Sep 2026 13:26 · complete available chain

Options-market disagreement

Mixed pressure

MFC currently carries mixed options pressure with a 32/100 conviction score. The nearest-chain expected move is 1.6%, with volume/open-interest participation at 0.01.

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

Primary read Mixed

Options-market disagreement

Expected move 1.6%

Near-term move context

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 0.76

Balanced tape

Trend fit 77

Options agree with trend context

Weekly backdrop -1.9%

RS 8.2

Expected move 1.6%

Put-call volume 0.76

Volume / OI 0.01

Reference IV 0.31

Max pain 41.00

Underlying 43.49

Nearest expiry 18 Sep 2026

Contracts 244

Research Brief

MFC has a mixed chain read with 32/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 42.78–44.20; The largest call open-interest concentration is 40.00; the largest put concentration is 38.00. The most active strike by current volume is 44.00.

Priced range42.78–44.20

Call concentration40.00

Put concentration38.00

Max pain reference41.00

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 18 Sep

Options imply 42.78 to 44.20. Max pain at 41.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain

42.7843.49 ± 0.7144.20

Confirmation level

A close beyond 44.20 or below 42.78 at the 18 Sep 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 32/100

Evidence alignment, not probability

Pressure is 18/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure18 × 42%

+7.4

How strongly activity leans toward calls or puts.

Participation8 × 22%

+1.8

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

Trend agreement77 × 26%

+19.9

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

Volatility28 × 10%

+2.8

The intensity of implied volatility and the priced move.

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 40.00; the largest put concentration is 38.00. The most active strike by current volume is 44.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest

29.00-33.3%

30.00-31.0%

32.00-26.4%

35.00-19.5%

133

37.00-14.9%

439

38.00-12.6%

384

39.00-10.3%

40.00-8.0%

602

324

41.00-5.7%

42.00-3.4%

541

184

43.00-1.1%

207

103

44.001.2%

224

45.003.5%

154

46.005.8%

47.008.1%

48.0010.4%

49.0012.7%

180

Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Balanced gamma proxy

Reported + model-estimated Greeks · 99% coverage

Call- and put-side gamma sensitivity is broadly balanced across the retained chain. Individual strike concentrations may still matter more than the chain-wide net.

Net profile-$49,896Delta change / 1% move

Positive peak40.00+$138,294

Negative peak44.00-$459,738

Nearest balance43.07Interpolated sign change

StrikeNegativePositiveNet / 1% move

31.00-28.7%

+$95

32.00-26.4%

-$142

33.00-24.1%

+$424

34.00-21.8%

-$146

35.00-19.5%

+$4,594

36.00-17.2%

-$245

37.00-14.9%

+$1,085

38.00-12.6%

-$7,348

39.00-10.3%

-$8,240

40.00-8.0%

+$138,294

41.00-5.7%

-$1,132

42.00-3.4%

+$50,398

43.00-1.1%

+$32,070

44.001.2%

-$459,738

45.003.5%

+$109,937

46.005.8%

+$28,315

47.008.1%

+$34,760

48.0010.4%

+$10,025

49.0012.7%

+$6,552

50.0015.0%

+$10,603

55.0026.5%

+$113

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

1.43× front/back

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

0.31 18 Sep 1d

0.20 16 Oct 29d

0.24 20 Nov 64d

0.22 18 Dec 92d

0.22 19 Mar 183d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.

Put IV Call IV

Historical Replay

How matured reads behaved through expiry

16 matured · 14 directional

Across 14 stored directional transitions, the next stored price moved in the labelled direction 0% of the time.

Directional follow-through0%

Moves contained by pricing38%

Average expiry move4.2%

20 Aug Bullish · 57 -4.4% through expiry 4.5% priced · v2.0

19 Aug Mixed · 42 -4.4% through expiry 2.4% priced · v2.0

18 Aug Bullish · 38 -4.4% through expiry 1.9% priced · v2.0

17 Aug Bullish · 39 -4.4% through expiry 1.7% priced · v2.0

14 Aug Bullish · 54 -4.4% through expiry 2.8% priced · v2.0

13 Aug Bullish · 51 -4.1% through expiry 2.1% priced · v2.0

12 Aug Bullish · 37 -4.1% through expiry 3.0% priced · v2.0

11 Aug Bullish · 52 -4.1% through expiry 2.9% priced · v2.0

10 Aug Bullish · 42 -4.1% through expiry 3.4% priced · v2.0

7 Aug Bullish · 38 -4.1% through expiry 3.6% priced · v2.0

6 Aug Bullish · 40 -4.3% through expiry 3.9% priced · v2.0

5 Aug Mixed · 42 -4.3% through expiry 5.3% priced · v2.0

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

Usable with limits

C69/100

Retained chain100%

Implied volatility100%

Two-sided quotes100%

Open interest100%

Chain status: Complete available chain
Market date: 17 Sep 2026
Calculation: v2.0
Contracts: 244 / 244

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

Multi-expiry position-maintenance candidate

64/100

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: $19,746 of estimated gross traded notional, calls · 0-7 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+18

1W price-1.9%

Call premium78%

Put premium22%

Notional split C 78% / P 22% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.

Freshness 0.01 Volume divided by open interest across the visible chain.

Trend fit 77/100 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 · 0-7 days · ITM

Calls · 0-7 days · ITM calls cluster with 7 contracts traded, $10,780 estimated gross traded notional, and 55% of visible notional.

$10,780

Puts · 91+ days · ATM puts cluster with 10 contracts traded, $2,400 estimated gross traded notional, and 12% of visible notional.

$2,400

Calls · 91+ days · OTM calls cluster with 25 contracts traded, $2,000 estimated gross traded notional, and 10% of visible notional.

$2,000

Calls · 91+ days · ITM calls cluster with 2 contracts traded, $1,010 estimated gross traded notional, and 5% of visible notional.

$1,010

Calls · 46-90 days · ATM calls cluster with 4 contracts traded, $908 estimated gross traded notional, and 5% of visible notional.

$908

Setup Classification

Opportunity and risk frame

Context, not advice

Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

Activity Anomaly

Normal range

Activity is broadly in line with recent stored snapshots.

Baseline: 29 completed sessions

Volume rank28th

Volume/OI rank28th

IV rank90th

Market Context

Underlying confirmation

Sharemaestro weekly

Close43.49

1W-1.9%

RS8.2

Fair value+49.5%

Options pressure18

Speculation8

Volatility28

Trend fit77

Today Versus Normal

Stored-options context

View history

Expected move 1.6% muted

30d avg 3.3% · 14 sessions 0th

90d avg - · 29/30 sessions -

180d avg - · 29/60 sessions -

IV 0.31 elevated

30d avg 0.25 · 14 sessions 86th

90d avg - · 29/30 sessions -

180d avg - · 29/60 sessions -

Put-call 0.76 near normal

30d avg 1.26 · 14 sessions 57th

90d avg - · 29/30 sessions -

180d avg - · 29/60 sessions -

Volume/OI 0.01 near normal

30d avg 0.05 · 14 sessions 36th

90d avg - · 29/30 sessions -

180d avg - · 29/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail

31 Jul 23:47 Bullish

Pressure 64

Move 5.4%

1 Aug 00:29 Bullish

Pressure 82

Move 5.4%

3 Aug 09:16 Bullish

Pressure 82

Move 5.3%

4 Aug 12:10 Bullish

Pressure 65

Move 5.7%

5 Aug 10:06 Bullish

Pressure 67

Move 5.0%

5 Aug 16:19 Mixed

Pressure 17

Move 5.3%

7 Aug 10:25 Bullish

Pressure 54

Move 3.9%

10 Aug 10:23 Bullish

Pressure 60

Move 3.6%

Strike Map

Where activity is clustering

Full strike map

Strike20.00

Calls · V 0 · OI 0

Puts · V 0 · OI 0

Strike25.00

Calls · V 0 · OI 0

Puts · V 0 · OI 0

Strike26.00

Calls · V 0 · OI 0

Puts · V 0 · OI 0

Strike27.00

Calls · V 0 · OI 0

Puts · V 0 · OI 13

Strike28.00

Calls · V 0 · OI 0

Puts · V 0 · OI 1

Strike29.00

Calls · V 7 · OI 7

Puts · V 0 · OI 12

Strike30.00

Calls · V 0 · OI 0

Puts · V 0 · OI 53

Strike31.00

Calls · V 0 · OI 0

Puts · V 0 · OI 5

Term Structure

Expiration activity

Volume and IV

Expiry18 Sep 2026

Contracts56

Avg IV0.31

Put-call0.79

Expiry16 Oct 2026

Contracts56

Avg IV0.20

Put-call1.50

Expiry20 Nov 2026

Contracts48

Avg IV0.24

Put-call1.00

Expiry18 Dec 2026

Contracts46

Avg IV0.22

Put-call-

Expiry19 Mar 2027

Contracts38

Avg IV0.22

Put-call-

Skew

Call/put IV balance

OTM demand

18 Sep 2026Balanced skew

Call IV0.24

Put IV0.27

Skew0.03

16 Oct 2026Balanced skew

Call IV0.19

Put IV0.23

Skew0.04

20 Nov 2026Balanced skew

Call IV0.22

Put IV0.26

Skew0.04

18 Dec 2026Balanced skew

Call IV0.20

Put IV0.25

Skew0.05

19 Mar 2027Balanced skew

Call IV0.20

Put IV0.24

Skew0.04

Contract Tape

Most active contracts

Full contract tape

ContractMFC261218C00047000

SideCall

Expiry18 Dec 2026

Strike47.00

Volume25

OI31

IV0.20

ContractMFC260918P00044000

SidePut

Expiry18 Sep 2026

Strike44.00

Volume11

OI103

IV0.03

ContractMFC261016C00046000

SideCall

Expiry16 Oct 2026

Strike46.00

Volume11

OI57

IV0.19

ContractMFC261016P00043000

SidePut

Expiry16 Oct 2026

Strike43.00

Volume11

OI28

IV0.20

ContractMFC270319P00044000

SidePut

Expiry19 Mar 2027

Strike44.00

Volume10

OI20

IV0.23

ContractMFC260918C00029000

SideCall

Expiry18 Sep 2026

Strike29.00

Volume7

OI7

IV5.56

ContractMFC260918C00045000

SideCall

Expiry18 Sep 2026

Strike45.00

Volume6

OI154

IV0.24

ContractMFC261016P00042000

SidePut

Expiry16 Oct 2026

Strike42.00

Volume6

OI46

IV0.23

MFC options intelligence

Mixed pressure

MFC has a mixed chain read with 32/100 evidence alignment.

Where the chain says movement becomes exceptional

Why conviction is 32/100

Where open interest and current activity concentrate

Balanced gamma proxy

Front-loaded volatility

Downside protection premium

How matured reads behaved through expiry

Usable with limits

Multi-expiry position-maintenance candidate

Opportunity and risk frame

Normal range

Underlying confirmation

Stored-options context

Recent pressure and volatility

Where activity is clustering

Expiration activity

Call/put IV balance

Most active contracts

Send a message

Evidence context

MFC options intelligence

Mixed pressure

MFC has a mixed chain read with 32/100 evidence alignment.

Where the chain says movement becomes exceptional

Why conviction is 32/100

Where open interest and current activity concentrate

Balanced gamma proxy

Front-loaded volatility

Downside protection premium

How matured reads behaved through expiry

Usable with limits

Multi-expiry position-maintenance candidate

Opportunity and risk frame

Normal range

Underlying confirmation

Stored-options context

Recent pressure and volatility

Where activity is clustering

Expiration activity

Call/put IV balance

Most active contracts

Related research and context

Sharemaestro research

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