Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
PNR options intelligence
Pentair PLC options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
24
Market data through 31 Jul 2026
Checked 1 Aug 2026 09:54 · complete available chain
Options-market disagreement
Mixed pressure
PNR currently carries mixed options pressure with a 24/100 conviction score. The nearest-chain expected move is 9.1%, with volume/open-interest participation at 0.01.
Expected move
9.1%
Wider near-term move priced
Activity / OI
0.01
Current volume is quieter versus prior open interest
Put-call
0.95
Balanced tape
Trend fit
52
Options are not fully confirming trend
Weekly backdrop
+4.1%
RS -36.5
Expected move
9.1%
Put-call volume
0.95
Volume / OI
0.01
Reference IV
0.39
Max pain
62.50
Underlying
62.88
Nearest expiry
21 Aug 2026
Contracts
408
Research Brief
PNR 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 57.15–68.61; The largest call open-interest concentration is 62.50; the largest put concentration is 60.00. The most active strike by current volume is 70.00.
Priced range57.15–68.61
Call concentration62.50
Put concentration60.00
Max pain reference62.50
- 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.
Priced Move
Where the chain says movement becomes exceptional
Options imply 57.15 to 68.61. Max pain at 62.50 sits inside that range, 0.6% below spot.
Spot
Max pain
57.1562.88 ± 5.7368.61
Confirmation level
A close beyond 68.61 or below 57.15 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 8/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure8 × 42%
+3.3
How strongly activity leans toward calls or puts.
Participation3 × 22%
+0.6
Volume relative to existing open interest and contract-level activity.
Trend agreement52 × 26%
+13.5
How closely the chain read agrees with the underlying trend backdrop.
Volatility64 × 10%
+6.4
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 62.50; the largest put concentration is 60.00. The most active strike by current volume is 70.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
26
40.00-36.4%
0
54
50.00-20.5%
0
83
55.00-12.5%
11
137
57.50-8.6%
0
395
60.00-4.6%
28
384
62.50-0.6%
916
296
65.003.4%
206
35
67.507.3%
451
77
70.0011.3%
126
39
72.5015.3%
33
75
75.0019.3%
73
6
77.5023.3%
31
6
80.0027.2%
58
0
82.5031.2%
45
0
100.0059.0%
30
0
105.0067.0%
100
0
130.00106.7%
35
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.
0.39
21 Aug
21d
0.37
18 Sep
49d
0.41
20 Nov
112d
0.40
15 Jan
168d
0.40
19 Feb
203d
0.37
21 Jan
539d
Volatility by Strike
Upside optionality premium
Out-of-the-money calls carry higher implied volatility than comparable puts, indicating richer upside optionality.
55
58
60
63
65
68
70
73
75
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
High
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 408 / 408
- 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: $23644 of estimated gross traded notional, calls · 8-21 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+8
1W price+4.1%
Call premium57%
Put premium43%
Notional split
C 57% / P 43%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.01
Volume divided by open interest across the visible chain.
Trend fit
52/100
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 · 8-21 days · ITM
calls cluster with 8 contracts traded, $8990 estimated gross traded notional, and 38% of visible notional.
$8990
Puts · 46-90 days · ITM
puts cluster with 20 contracts traded, $6190 estimated gross traded notional, and 26% of visible notional.
$6190
Calls · 8-21 days · OTM
calls cluster with 24 contracts traded, $2938 estimated gross traded notional, and 12% of visible notional.
$2938
Puts · 91+ days · ITM
puts cluster with 2 contracts traded, $1270 estimated gross traded notional, and 5% of visible notional.
$1270
Calls · 91+ days · OTM
calls cluster with 5 contracts traded, $1150 estimated gross traded notional, and 5% of visible notional.
$1150
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.
Underlying price is close to the max-pain zone.
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
Close65.44
1W+4.1%
RS-36.5
Fair value-24.8%
Options pressure8
Speculation3
Volatility64
Trend fit52
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 10:26
Mixed
Pressure 2
Move 10.0%
30 Jul 06:12
Bullish
Pressure 71
Move 9.6%
31 Jul 10:28
Bullish
Pressure 27
Move 9.3%
31 Jul 19:46
Bullish
Pressure 25
Move 8.2%
31 Jul 22:45
Bullish
Pressure 25
Move 9.1%
1 Aug 08:54
Mixed
Pressure 8
Move 9.1%
Strike Map
Where activity is clustering
Strike40.00
Calls · V 2 · OI 0
Puts · V 0 · OI 26
Strike42.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike45.00
Calls · V 0 · OI 0
Puts · V 0 · OI 6
Strike47.50
Calls · V 0 · OI 0
Puts · V 0 · OI 7
Strike50.00
Calls · V 0 · OI 0
Puts · V 0 · OI 54
Strike55.00
Calls · V 0 · OI 11
Puts · V 0 · OI 83
Strike57.50
Calls · V 0 · OI 0
Puts · V 6 · OI 137
Strike60.00
Calls · V 6 · OI 28
Puts · V 2 · OI 395
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts72
Avg IV0.39
Put-call0.47
Expiry18 Sep 2026
Contracts60
Avg IV0.37
Put-call3.83
Expiry20 Nov 2026
Contracts66
Avg IV0.41
Put-call0.40
Expiry15 Jan 2027
Contracts78
Avg IV0.40
Put-call-
Expiry19 Feb 2027
Contracts52
Avg IV0.40
Put-call-
Skew
Call/put IV balance
21 Aug 2026Balanced skew
Call IV0.43
Put IV0.43
Skew-
18 Sep 2026Balanced skew
Call IV0.41
Put IV0.37
Skew-0.05
20 Nov 2026Balanced skew
Call IV0.40
Put IV0.42
Skew0.03
15 Jan 2027Balanced skew
Call IV0.38
Put IV0.41
Skew0.04
19 Feb 2027Balanced skew
Call IV0.37
Put IV0.41
Skew0.05
Contract Tape
Most active contracts
ContractPNR260821C00070000
SideCall
Expiry21 Aug 2026
Strike70.00
Volume21
OI126
IV0.43
ContractPNR260918P00065000
SidePut
Expiry18 Sep 2026
Strike65.00
Volume19
OI624
IV0.35
ContractPNR260821P00057500
SidePut
Expiry21 Aug 2026
Strike57.50
Volume6
OI137
IV0.23
ContractPNR260821C00060000
SideCall
Expiry21 Aug 2026
Strike60.00
Volume6
OI28
IV0.47
ContractPNR261120C00075000
SideCall
Expiry20 Nov 2026
Strike75.00
Volume5
OI16
IV0.37
ContractPNR260918C00082500
SideCall
Expiry18 Sep 2026
Strike82.50
Volume4
OI12
IV0.38
ContractPNR260821P00062500
SidePut
Expiry21 Aug 2026
Strike62.50
Volume3
OI384
IV0.48
ContractPNR260821P00065000
SidePut
Expiry21 Aug 2026
Strike65.00
Volume3
OI296
IV0.29
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
Earnings
No upcoming matched earnings event.
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.