Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
AMPX options intelligence
Amprius Technologies Inc. options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
24
Market data through 31 Jul 2026
Checked 31 Jul 2026 14:39 · complete available chain
Options-market disagreement
Mixed pressure
AMPX currently carries mixed options pressure with a 24/100 conviction score. The nearest-chain expected move is 6.4%, with volume/open-interest participation at 0.04.
Expected move
6.4%
Wider near-term move priced
Activity / OI
0.04
Current volume is quieter versus prior open interest
Put-call
1.05
Balanced tape
Trend fit
49
Options are not fully confirming trend
Weekly backdrop
+3.9%
RS -30.4
Expected move
6.4%
Put-call volume
1.05
Volume / OI
0.04
Reference IV
0.17
Max pain
10.50
Underlying
9.24
Nearest expiry
31 Jul 2026
Contracts
664
Research Brief
AMPX has a mixed chain read with 24/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 8.65–9.83; The largest call open-interest concentration is 17.00; the largest put concentration is 9.00. The most active strike by current volume is 10.00.
Priced range8.65–9.83
Call concentration17.00
Put concentration9.00
Max pain reference10.50
- A clear directional pressure reading develops and price begins to agree.
- Volatility falls and the chain remains directionally mixed.
- Options and the weekly trend are not yet giving the same message.
- 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
Options imply 8.65 to 9.83. Max pain at 10.50 lies outside the priced range, so it is a weak near-term anchor.
Spot
Max pain
8.659.24 ± 0.599.83
Confirmation level
A close beyond 9.83 or below 8.65 at the 31 Jul 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 24/100
Pressure is 1/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure1 × 42%
+0.5
How strongly activity leans toward calls or puts.
Participation32 × 22%
+7.0
Volume relative to existing open interest and contract-level activity.
Trend agreement49 × 26%
+12.7
How closely the chain read agrees with the underlying trend backdrop.
Volatility38 × 10%
+3.8
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
The largest call open-interest concentration is 17.00; the largest put concentration is 9.00. 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
108
8.00-13.4%
34
158
8.50-8.0%
41
411
9.00-2.6%
54
190
9.502.8%
176
267
10.008.2%
239
93
10.5013.6%
412
97
11.0019.0%
109
24
12.0029.9%
447
50
12.5035.3%
287
46
13.0040.7%
182
76
14.0051.5%
93
45
14.5056.9%
30
118
15.0062.3%
455
30
16.0073.2%
61
6
17.0084.0%
651
0
18.0094.8%
106
0
20.00116.5%
279
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Front-loaded volatility
Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.
0.17
31 Jul
0d
0.07
7 Aug
7d
0.06
14 Aug
14d
0.04
21 Aug
21d
0.04
28 Aug
28d
0.25
4 Sep
35d
0.03
18 Sep
49d
0.03
16 Oct
77d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
8
8
9
9
10
10
11
11
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
Forward validation is building. The earliest eligible stored read expires 31 Jul 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
Retained chain100%
Implied volatility100%
Two-sided quotes99%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 664 / 664
- 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
Visible options activity is too thin or mixed to support a strong intent classification.
The options read is mixed, so divergence is not strong enough to classify.
Likely noise matters because it connects the options headline to the actual evidence: $4.9M of estimated gross traded notional, puts · 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+3.9%
Call premium19%
Put premium81%
Notional split
C 19% / P 81%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.04
Volume divided by open interest across the visible chain.
Trend fit
49/100
Agreement between options pressure and Sharemaestro market context.
Event window
5 Aug
Matched earnings event is 3 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Puts · 91+ days · ITM
puts cluster with 3013 contracts traded, $2.7M estimated gross traded notional, and 54% of visible notional.
$2.7M
Puts · 46-90 days · ITM
puts cluster with 520 contracts traded, $485801 estimated gross traded notional, and 10% of visible notional.
$485801
Calls · 91+ days · OTM
calls cluster with 1802 contracts traded, $354732 estimated gross traded notional, and 7% of visible notional.
$354732
Calls · 91+ days · ITM
calls cluster with 625 contracts traded, $341294 estimated gross traded notional, and 7% of visible notional.
$341294
Puts · 0-7 days · ITM
puts cluster with 738 contracts traded, $307465 estimated gross traded notional, and 6% of visible notional.
$307465
Setup Classification
Opportunity and risk frame
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
Close9.60
1W+3.9%
RS-30.4
Fair value+55.0%
Options pressure1
Speculation32
Volatility38
Trend fit49
Today Versus Normal
Stored-options context
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:55
Bullish
Pressure 40
Move 7.6%
30 Jul 10:45
Bullish
Pressure 48
Move 8.9%
31 Jul 10:31
Bullish
Pressure 31
Move 7.3%
31 Jul 13:39
Mixed
Pressure 1
Move 6.4%
Strike Map
Where activity is clustering
Strike5.00
Calls · V 5 · OI 4
Puts · V 4 · OI 4
Strike7.00
Calls · V 2 · OI 8
Puts · V 10 · OI 6
Strike7.50
Calls · V 2 · OI 8
Puts · V 0 · OI 1
Strike8.00
Calls · V 1 · OI 34
Puts · V 1 · OI 108
Strike8.50
Calls · V 8 · OI 41
Puts · V 58 · OI 158
Strike9.00
Calls · V 18 · OI 54
Puts · V 25 · OI 411
Strike9.50
Calls · V 38 · OI 176
Puts · V 20 · OI 190
Strike10.00
Calls · V 144 · OI 239
Puts · V 15 · OI 267
Term Structure
Expiration activity
Expiry31 Jul 2026
Contracts70
Avg IV0.17
Put-call0.77
Expiry7 Aug 2026
Contracts55
Avg IV0.07
Put-call0.57
Expiry14 Aug 2026
Contracts56
Avg IV0.06
Put-call0.14
Expiry21 Aug 2026
Contracts71
Avg IV0.04
Put-call0.78
Expiry28 Aug 2026
Contracts42
Avg IV0.04
Put-call1.33
Skew
Call/put IV balance
31 Jul 2026Put IV premium
Call IV0.00
Put IV0.50
Skew0.50
7 Aug 2026Put IV premium
Call IV0.00
Put IV0.25
Skew0.25
14 Aug 2026Put IV premium
Call IV0.00
Put IV0.13
Skew0.12
21 Aug 2026Put IV premium
Call IV0.00
Put IV0.13
Skew0.12
28 Aug 2026Put IV premium
Call IV0.00
Put IV0.13
Skew0.12
Contract Tape
Most active contracts
ContractAMPX270319P00022000
SidePut
Expiry19 Mar 2027
Strike22.00
Volume-
OI149
IV0.00
ContractAMPX260821P00012500
SidePut
Expiry21 Aug 2026
Strike12.50
Volume-
OI75
IV0.00
ContractAMPX260814C00008500
SideCall
Expiry14 Aug 2026
Strike8.50
Volume-
OI61
IV0.00
ContractAMPX261120P00028000
SidePut
Expiry20 Nov 2026
Strike28.00
Volume-
OI28
IV0.00
ContractAMPX260904P00015000
SidePut
Expiry4 Sep 2026
Strike15.00
Volume-
OI24
IV0.00
ContractAMPX260821C00015500
SideCall
Expiry21 Aug 2026
Strike15.50
Volume-
OI21
IV0.50
ContractAMPX260904C00018000
SideCall
Expiry4 Sep 2026
Strike18.00
Volume-
OI18
IV0.50
ContractAMPX270115P00037000
SidePut
Expiry15 Jan 2027
Strike37.00
Volume-
OI15
IV0.00
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
No recent market-watch posts yet.
Earnings
Plain English Guide
Options context
What usually looks constructive
What usually looks cautious
Options can move quickly and can lose value fast. Treat this as research context, not a buy or sell instruction.