Ticker Options Intelligence

KC options intelligence

Kingsoft Cloud Holdings Ltd options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 33 Market data through 31 Jul 2026 Checked 1 Aug 2026 12:49 · complete available chain

Options-market disagreement

Mixed pressure

KC currently carries mixed options pressure with a 33/100 conviction score. The nearest-chain expected move is 15.7%, with volume/open-interest participation at 0.08.

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

Options-market disagreement

Expected move 15.7%

Wider near-term move priced

Activity / OI 0.08

Current volume is quieter versus prior open interest

Put-call 1.14

Balanced tape

Trend fit 56

Options are not fully confirming trend

Weekly backdrop +17.7%

RS -21.5

Expected move 15.7%
Put-call volume 1.14
Volume / OI 0.08
Reference IV 0.79
Max pain 15.00
Underlying 11.15
Nearest expiry 21 Aug 2026
Contracts 126

Research Brief

KC has a mixed chain read with 33/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 9.40–12.90; The largest call open-interest concentration is 15.00; the largest put concentration is 15.00. The most active strike by current volume is 10.00.

Priced range9.40–12.90
Call concentration15.00
Put concentration15.00
Max pain reference15.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • Options and the weekly trend are not yet giving the same message.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 9.40 to 12.90. Max pain at 15.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
9.4011.15 ± 1.7512.90
Confirmation level

A close beyond 12.90 or below 9.40 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 33/100

Evidence alignment, not probability

Pressure is 1/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure1 × 42%
+0.3

How strongly activity leans toward calls or puts.

Participation42 × 22%
+9.2

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

Trend agreement56 × 26%
+14.4

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

Volatility95 × 10%
+9.5

The intensity of implied volatility and the priced move.

Reconstructed score33.4Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 15.00; the largest put concentration is 15.00. The most active strike by current volume is 10.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
2.50-77.6%
1
16
5.00-55.2%
0
457
7.50-32.7%
66
165
10.00-10.3%
653
877
12.5012.1%
875
1889
15.0034.5%
2540
58
17.5057.0%
188
66
20.0079.4%
839
0
22.50101.8%
302
0
25.00124.2%
90
0
30.00169.1%
1
0
35.00213.9%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

0.92× front/back

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

0.79 21 Aug 21d
0.71 18 Sep 49d
0.82 20 Nov 112d
0.82 15 Jan 168d
0.83 19 Feb 203d
0.85 21 Jan 539d

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.

10
13
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

A100/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
126 / 126
  • 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

89/100
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: $124342 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-1
1W price+17.7%
Call premium73%
Put premium27%
Notional split C 73% / P 27% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.08 Volume divided by open interest across the visible chain.
Trend fit 56/100 Agreement between options pressure and Sharemaestro market context.
Event window 19 Aug Matched earnings event is 17 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 · 91+ days · ITM
Calls · 91+ days · ITM calls cluster with 158 contracts traded, $44932 estimated gross traded notional, and 36% of visible notional.
$44932
Puts · 8-21 days · OTM puts cluster with 687 contracts traded, $30880 estimated gross traded notional, and 25% of visible notional.
$30880
Calls · 8-21 days · ITM calls cluster with 113 contracts traded, $17220 estimated gross traded notional, and 14% of visible notional.
$17220
Calls · 46-90 days · OTM calls cluster with 161 contracts traded, $14892 estimated gross traded notional, and 12% of visible notional.
$14892
Calls · 91+ days · OTM calls cluster with 65 contracts traded, $9855 estimated gross traded notional, and 8% of visible notional.
$9855

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
Close11.15
1W+17.7%
RS-21.5
Fair value+25.4%
Options pressure-1
Speculation42
Volatility95
Trend fit56

Today Versus Normal

Stored-options context

View history
Expected move 15.7% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.79 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 1.14 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.08 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 10:50 Bullish
Pressure 31
Move 21.1%
30 Jul 10:41 Bullish
Pressure 18
Move 18.5%
31 Jul 05:08 Bullish
Pressure 33
Move 16.9%
31 Jul 10:55 Bullish
Pressure 26
Move 16.9%
31 Jul 11:11 Bullish
Pressure 38
Move 17.4%
1 Aug 11:49 Mixed
Pressure -1
Move 15.7%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 16
Strike7.50
Calls · V 11 · OI 66
Puts · V 1 · OI 457
Strike10.00
Calls · V 102 · OI 653
Puts · V 686 · OI 165
Strike12.50
Calls · V 62 · OI 875
Puts · V 1 · OI 877
Strike15.00
Calls · V 47 · OI 2540
Puts · V 0 · OI 1889
Strike17.50
Calls · V 0 · OI 188
Puts · V 0 · OI 58
Strike20.00
Calls · V 0 · OI 839
Puts · V 0 · OI 66

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts24
Avg IV0.79
Put-call3.09
Expiry18 Sep 2026
Contracts16
Avg IV0.71
Put-call-
Expiry20 Nov 2026
Contracts24
Avg IV0.82
Put-call0.02
Expiry15 Jan 2027
Contracts22
Avg IV0.82
Put-call0.01
Expiry19 Feb 2027
Contracts16
Avg IV0.83
Put-call0.01

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.81
Put IV0.91
Skew0.10
18 Sep 2026Put IV premium
Call IV0.86
Put IV0.92
Skew0.06
20 Nov 2026Put IV premium
Call IV0.82
Put IV0.92
Skew0.10
15 Jan 2027Put IV premium
Call IV0.83
Put IV0.89
Skew0.06
19 Feb 2027Put IV premium
Call IV0.82
Put IV0.92
Skew0.10

Contract Tape

Most active contracts

Full contract tape
ContractKC260821P00010000
SidePut
Expiry21 Aug 2026
Strike10.00
Volume686
OI165
IV0.91
ContractKC260918C00012500
SideCall
Expiry18 Sep 2026
Strike12.50
Volume161
OI61
IV0.86
ContractKC260821C00010000
SideCall
Expiry21 Aug 2026
Strike10.00
Volume102
OI653
IV0.51
ContractKC270219C00010000
SideCall
Expiry19 Feb 2027
Strike10.00
Volume100
OI19
IV0.75
ContractKC260821C00012500
SideCall
Expiry21 Aug 2026
Strike12.50
Volume62
OI875
IV0.81
ContractKC270115C00012500
SideCall
Expiry15 Jan 2027
Strike12.50
Volume56
OI725
IV0.69
ContractKC260821C00015000
SideCall
Expiry21 Aug 2026
Strike15.00
Volume47
OI2540
IV0.98
ContractKC261120C00010000
SideCall
Expiry20 Nov 2026
Strike10.00
Volume39
OI1125
IV0.75