Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
GPOR options intelligence
Gulfport Energy Operating Corp options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
24
Market data through 30 Jul 2026
Checked 31 Jul 2026 11:30 · complete available chain
Options-market disagreement
Mixed pressure
GPOR currently carries mixed options pressure with a 24/100 conviction score. The nearest-chain expected move is 7.3%, with volume/open-interest participation at 0.00.
Expected move
7.3%
Wider near-term move priced
Activity / OI
0.00
Current volume is quieter versus prior open interest
Put-call
1.00
Balanced tape
Trend fit
60
Options agree with trend context
Weekly backdrop
+2.9%
RS -22.4
Expected move
7.3%
Put-call volume
1.00
Volume / OI
0.00
Reference IV
0.37
Max pain
150.00
Underlying
157.27
Nearest expiry
21 Aug 2026
Contracts
280
Research Brief
GPOR 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 145.82–168.72; The largest call open-interest concentration is 160.00; the largest put concentration is 150.00. The most active strike by current volume is 110.00.
Priced range145.82–168.72
Call concentration160.00
Put concentration150.00
Max pain reference150.00
- A clear directional pressure reading develops and price begins to agree.
- The current chain read already agrees with the stored weekly trend context.
- Volatility falls and the chain remains directionally mixed.
Priced Move
Where the chain says movement becomes exceptional
Options imply 145.82 to 168.72. Max pain at 150.00 sits inside that range, 4.6% below spot.
Spot
Max pain
145.82157.27 ± 11.45168.72
Confirmation level
A close beyond 168.72 or below 145.82 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 24/100
Pressure is 7/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure7 × 42%
+3.0
How strongly activity leans toward calls or puts.
Participation0 × 22%
+0.0
Volume relative to existing open interest and contract-level activity.
Trend agreement60 × 26%
+15.7
How closely the chain read agrees with the underlying trend backdrop.
Volatility55 × 10%
+5.5
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 160.00; the largest put concentration is 150.00. The most active strike by current volume is 110.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
110.00-30.1%
0
0
115.00-26.9%
0
0
120.00-23.7%
0
1
125.00-20.5%
0
3
130.00-17.3%
0
3
135.00-14.2%
0
4
140.00-11.0%
0
45
145.00-7.8%
12
149
150.00-4.6%
0
1
155.00-1.4%
102
6
160.001.7%
103
0
165.004.9%
44
0
170.008.1%
4
0
180.0014.5%
1
0
185.0017.6%
3
0
190.0020.8%
3
0
200.0027.2%
31
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Balanced volatility curve
Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.
0.37
21 Aug
22d
0.34
18 Sep
50d
0.33
16 Oct
78d
0.35
18 Dec
141d
0.34
15 Jan
169d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
130
135
140
145
150
155
160
165
170
175
180
185
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
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
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 30 Jul 2026
- Calculation
- v2.0
- Contracts
- 280 / 280
- 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: $2155 of estimated gross traded notional, puts · 91+ days · atm, 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+7
1W price+2.9%
Call premium40%
Put premium60%
Notional split
C 40% / P 60%
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
60/100
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.
Puts · 91+ days · ATM
puts cluster with 1 contracts traded, $1285 estimated gross traded notional, and 60% of visible notional.
$1285
Calls · 91+ days · OTM
calls cluster with 1 contracts traded, $870 estimated gross traded notional, and 40% of visible notional.
$870
Setup Classification
Opportunity and risk frame
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
Close157.27
1W+2.9%
RS-22.4
Fair value-4.8%
Options pressure7
Speculation0
Volatility55
Trend fit60
Today Versus Normal
Stored-options context
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 1/10 sessions
-
90d avg - · 1/30 sessions
-
180d avg - · 1/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:53
Bullish
Pressure 27
Move 7.6%
30 Jul 10:43
Mixed
Pressure 7
Move 7.6%
31 Jul 10:30
Mixed
Pressure 7
Move 7.3%
Strike Map
Where activity is clustering
Strike110.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike115.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike120.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike125.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike130.00
Calls · V 0 · OI 0
Puts · V 0 · OI 3
Strike135.00
Calls · V 0 · OI 0
Puts · V 0 · OI 3
Strike140.00
Calls · V 0 · OI 0
Puts · V 0 · OI 4
Strike145.00
Calls · V 0 · OI 12
Puts · V 0 · OI 45
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts46
Avg IV0.37
Put-call-
Expiry18 Sep 2026
Contracts46
Avg IV0.34
Put-call-
Expiry16 Oct 2026
Contracts66
Avg IV0.33
Put-call-
Expiry18 Dec 2026
Contracts66
Avg IV0.35
Put-call-
Expiry15 Jan 2027
Contracts56
Avg IV0.34
Put-call1.00
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV0.35
Put IV0.47
Skew0.13
18 Sep 2026Put IV premium
Call IV0.30
Put IV0.37
Skew0.07
16 Oct 2026Balanced skew
Call IV0.32
Put IV0.34
Skew0.02
18 Dec 2026Balanced skew
Call IV0.33
Put IV0.35
Skew0.02
15 Jan 2027Balanced skew
Call IV0.33
Put IV0.36
Skew0.03
Contract Tape
Most active contracts
ContractGPOR270115P00155000
SidePut
Expiry15 Jan 2027
Strike155.00
Volume1
OI-
IV0.36
ContractGPOR270115C00175000
SideCall
Expiry15 Jan 2027
Strike175.00
Volume1
OI-
IV0.34
ContractGPOR260918C00190000
SideCall
Expiry18 Sep 2026
Strike190.00
Volume-
OI300
IV0.18
ContractGPOR260821P00150000
SidePut
Expiry21 Aug 2026
Strike150.00
Volume-
OI149
IV0.38
ContractGPOR261016C00155000
SideCall
Expiry16 Oct 2026
Strike155.00
Volume-
OI141
IV0.34
ContractGPOR260821C00160000
SideCall
Expiry21 Aug 2026
Strike160.00
Volume-
OI103
IV0.36
ContractGPOR261016C00170000
SideCall
Expiry16 Oct 2026
Strike170.00
Volume-
OI102
IV0.33
ContractGPOR260821C00155000
SideCall
Expiry21 Aug 2026
Strike155.00
Volume-
OI102
IV0.36
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.