Primary read
Volatility
Volatility expansion watch
Ticker Options Intelligence
FLY options intelligence
Firefly Aerospace Inc. Common Stock options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
49
Market data through 29 Jul 2026
Checked 30 Jul 2026 00:25 · complete available chain
Volatility expansion watch
Volatility pressure
FLY currently carries volatility options pressure with a 49/100 conviction score. The nearest-chain expected move is 11.0%, with volume/open-interest participation at 0.06.
Expected move
11.0%
Wider near-term move priced
Activity / OI
0.06
Current volume is quieter versus prior open interest
Put-call
0.66
Call-side skew
Trend fit
72
Options agree with trend context
Weekly backdrop
+2.2%
Sharemaestro weekly context
Expected move
11.0%
Put-call volume
0.66
Volume / OI
0.06
Reference IV
1.23
Max pain
19.00
Underlying
19.69
Nearest expiry
31 Jul 2026
Contracts
704
Options Intent Radar
Earnings/event positioning
Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.
Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $6.0M of estimated gross traded notional, puts · 91+ days · itm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+28
1W price+2.2%
Call premium17%
Put premium83%
Notional split
C 17% / P 83%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.06
Volume divided by open interest across the visible chain.
Trend fit
72/100
Agreement between options pressure and Sharemaestro market context.
Event window
11 Aug
Matched earnings event is 12 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 1111 contracts traded, $2.6M estimated gross traded notional, and 43% of visible notional.
$2.6M
Puts · 46-90 days · ITM
puts cluster with 440 contracts traded, $975795 estimated gross traded notional, and 16% of visible notional.
$975795
Puts · 0-7 days · ITM
puts cluster with 285 contracts traded, $695340 estimated gross traded notional, and 12% of visible notional.
$695340
Puts · 22-45 days · ITM
puts cluster with 180 contracts traded, $348510 estimated gross traded notional, and 6% of visible notional.
$348510
Calls · 91+ days · ITM
calls cluster with 519 contracts traded, $323950 estimated gross traded notional, and 5% of visible notional.
$323950
Setup Classification
Opportunity and risk frame
Positioning agrees with the Sharemaestro trend backdrop.
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Activity Anomaly
Quiet tape
Activity is muted versus this ticker's stored history.
Volume rank0th
Volume/OI rank0th
IV rank0th
Market Context
Underlying confirmation
Close19.69
1W+2.2%
RS-
Fair value-35.1%
Options pressure28
Speculation41
Volatility96
Trend fit72
Today Versus Normal
Stored-options context
30d avg 11.2% · 1 read
0th
90d avg 11.2% · 1 read
0th
180d avg 11.2% · 1 read
0th
30d avg 1.40 · 1 read
0th
90d avg 1.40 · 1 read
0th
180d avg 1.40 · 1 read
0th
30d avg 0.15 · 1 read
100th
90d avg 0.15 · 1 read
100th
180d avg 0.15 · 1 read
100th
30d avg 0.07 · 1 read
0th
90d avg 0.07 · 1 read
0th
180d avg 0.07 · 1 read
0th
Pressure Trail
Recent pressure and volatility
29 Jul 10:31
Volatility
Pressure 82
Move 11.2%
29 Jul 23:25
Volatility
Pressure 28
Move 11.0%
Strike Map
Where activity is clustering
Strike11.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike13.50
Calls · V 0 · OI 0
Puts · V 14 · OI 49
Strike14.00
Calls · V 8 · OI 4
Puts · V 2 · OI 1
Strike14.50
Calls · V 0 · OI 0
Puts · V 2 · OI 3
Strike15.00
Calls · V 4 · OI 7
Puts · V 20 · OI 47
Strike16.00
Calls · V 1 · OI 5
Puts · V 5 · OI 136
Strike16.50
Calls · V 0 · OI 0
Puts · V 19 · OI 180
Strike17.00
Calls · V 1 · OI 5
Puts · V 141 · OI 275
Term Structure
Expiration activity
Expiry31 Jul 2026
Contracts92
Avg IV1.23
Put-call1.18
Expiry7 Aug 2026
Contracts60
Avg IV1.10
Put-call0.35
Expiry14 Aug 2026
Contracts48
Avg IV1.35
Put-call0.54
Expiry21 Aug 2026
Contracts103
Avg IV1.19
Put-call0.53
Expiry28 Aug 2026
Contracts40
Avg IV1.21
Put-call1.56
Skew
Call/put IV balance
31 Jul 2026Call IV premium
Call IV1.28
Put IV1.14
Skew-0.14
7 Aug 2026Balanced skew
Call IV1.08
Put IV1.12
Skew0.04
14 Aug 2026Call IV premium
Call IV1.38
Put IV1.33
Skew-0.05
21 Aug 2026Call IV premium
Call IV1.24
Put IV1.18
Skew-0.07
28 Aug 2026Call IV premium
Call IV1.23
Put IV1.15
Skew-0.08
Contract Tape
Most active contracts
ContractFLY260821C00014000
SideCall
Expiry21 Aug 2026
Strike14.00
Volume-
OI-
IV1.46
ContractFLY260904P00014000
SidePut
Expiry4 Sep 2026
Strike14.00
Volume-
OI-
IV1.10
ContractFLY260731P00011000
SidePut
Expiry31 Jul 2026
Strike11.00
Volume-
OI-
IV4.17
ContractFLY260828P00022000
SidePut
Expiry28 Aug 2026
Strike22.00
Volume-
OI34
IV1.22
ContractFLY270115P00024000
SidePut
Expiry15 Jan 2027
Strike24.00
Volume-
OI30
IV0.96
ContractFLY260904P00019000
SidePut
Expiry4 Sep 2026
Strike19.00
Volume-
OI16
IV1.09
ContractFLY260821P00022000
SidePut
Expiry21 Aug 2026
Strike22.00
Volume-
OI12
IV1.23
ContractFLY261120P00044000
SidePut
Expiry20 Nov 2026
Strike44.00
Volume-
OI12
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.