Primary read
Volatility
Volatility expansion watch
Ticker Options Intelligence
FRO options intelligence
Frontline Ltd options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
51
Market data through 29 Jul 2026
Checked 30 Jul 2026 05:19 · complete available chain
Volatility expansion watch
Volatility pressure
FRO currently carries volatility options pressure with a 51/100 conviction score. The nearest-chain expected move is 10.1%, with volume/open-interest participation at 0.03.
Expected move
10.1%
Wider near-term move priced
Activity / OI
0.03
Current volume is quieter versus prior open interest
Put-call
0.06
Call-side skew
Trend fit
18
Options are not fully confirming trend
Weekly backdrop
+7.7%
RS 32.7
Expected move
10.1%
Put-call volume
0.06
Volume / OI
0.03
Reference IV
0.48
Max pain
40.00
Underlying
39.29
Nearest expiry
21 Aug 2026
Contracts
252
Options Intent Radar
Volatility expansion bet
The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.
Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.
Volatility expansion bet matters because it connects the options headline to the actual evidence: $416878 of estimated gross traded notional, calls · 22-45 days · atm, 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+87
1W price+7.7%
Call premium93%
Put premium7%
Notional split
C 93% / P 7%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.03
Volume divided by open interest across the visible chain.
Trend fit
18/100
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.
Calls · 22-45 days · ATM
calls cluster with 1983 contracts traded, $302408 estimated gross traded notional, and 73% of visible notional.
$302408
Calls · 22-45 days · OTM
calls cluster with 1351 contracts traded, $53545 estimated gross traded notional, and 13% of visible notional.
$53545
Calls · 91+ days · ATM
calls cluster with 45 contracts traded, $16750 estimated gross traded notional, and 4% of visible notional.
$16750
Puts · 22-45 days · ATM
puts cluster with 41 contracts traded, $10045 estimated gross traded notional, and 2% of visible notional.
$10045
Puts · 46-90 days · OTM
puts cluster with 82 contracts traded, $9535 estimated gross traded notional, and 2% of visible notional.
$9535
Setup Classification
Opportunity and risk frame
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Options positioning is not confirming the underlying trend context.
Underlying price is close to the max-pain zone.
Activity Anomaly
Above normal
Activity is running above the recent historical baseline.
Volume rank100th
Volume/OI rank100th
IV rank0th
Market Context
Underlying confirmation
Close39.29
1W+7.7%
RS32.7
Fair value+90.2%
Options pressure87
Speculation13
Volatility74
Trend fit18
Today Versus Normal
Stored-options context
30d avg 10.6% · 1 read
0th
90d avg 10.6% · 1 read
0th
180d avg 10.6% · 1 read
0th
30d avg 0.53 · 1 read
0th
90d avg 0.53 · 1 read
0th
180d avg 0.53 · 1 read
0th
30d avg 0.11 · 1 read
0th
90d avg 0.11 · 1 read
0th
180d avg 0.11 · 1 read
0th
30d avg 0.02 · 1 read
100th
90d avg 0.02 · 1 read
100th
180d avg 0.02 · 1 read
100th
Pressure Trail
Recent pressure and volatility
29 Jul 10:32
Volatility
Pressure 79
Move 10.6%
30 Jul 04:19
Volatility
Pressure 87
Move 10.1%
Strike Map
Where activity is clustering
Strike14.00
Calls · V 0 · OI 0
Puts · V 0 · OI 4
Strike15.00
Calls · V 0 · OI 0
Puts · V 0 · OI 9
Strike16.00
Calls · V 0 · OI 0
Puts · V 0 · OI 12
Strike17.00
Calls · V 0 · OI 0
Puts · V 0 · OI 14
Strike18.00
Calls · V 0 · OI 0
Puts · V 0 · OI 8
Strike19.00
Calls · V 0 · OI 0
Puts · V 0 · OI 4
Strike20.00
Calls · V 0 · OI 0
Puts · V 0 · OI 41
Strike21.00
Calls · V 0 · OI 0
Puts · V 0 · OI 34
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts52
Avg IV0.48
Put-call0.02
Expiry18 Sep 2026
Contracts40
Avg IV0.61
Put-call10.50
Expiry20 Nov 2026
Contracts52
Avg IV0.51
Put-call7.33
Expiry15 Jan 2027
Contracts30
Avg IV0.50
Put-call0.06
Expiry19 Feb 2027
Contracts48
Avg IV0.51
Put-call-
Skew
Call/put IV balance
21 Aug 2026Balanced skew
Call IV0.51
Put IV0.53
Skew0.02
18 Sep 2026Put IV premium
Call IV0.53
Put IV0.61
Skew0.08
20 Nov 2026Balanced skew
Call IV0.47
Put IV0.50
Skew0.03
15 Jan 2027Put IV premium
Call IV0.42
Put IV0.53
Skew0.11
19 Feb 2027Put IV premium
Call IV0.41
Put IV0.64
Skew0.23
Contract Tape
Most active contracts
ContractFRO260821C00040000
SideCall
Expiry21 Aug 2026
Strike40.00
Volume1983
OI8068
IV0.47
ContractFRO260821C00045000
SideCall
Expiry21 Aug 2026
Strike45.00
Volume1333
OI5239
IV0.51
ContractFRO270115C00040000
SideCall
Expiry15 Jan 2027
Strike40.00
Volume43
OI1931
IV0.37
ContractFRO260821P00040000
SidePut
Expiry21 Aug 2026
Strike40.00
Volume41
OI10461
IV0.51
ContractFRO260918P00034000
SidePut
Expiry18 Sep 2026
Strike34.00
Volume25
OI44
IV0.63
ContractFRO261120P00035000
SidePut
Expiry20 Nov 2026
Strike35.00
Volume20
OI644
IV0.61
ContractFRO260918P00035000
SidePut
Expiry18 Sep 2026
Strike35.00
Volume19
OI108
IV0.61
ContractFRO260821C00050000
SideCall
Expiry21 Aug 2026
Strike50.00
Volume18
OI6973
IV0.57
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.