Ticker Options Intelligence

NX options intelligence

Quanex Building Products options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 59 Market data through 29 Jul 2026 Checked 30 Jul 2026 02:49 · complete available chain

Put-side pressure

Bearish pressure

NX currently carries bearish options pressure with a 59/100 conviction score. The nearest-chain expected move is 10.6%, with volume/open-interest participation at 0.03.

Primary read Bearish

Put-side pressure

Expected move 10.6%

Wider near-term move priced

Activity / OI 0.03

Current volume is quieter versus prior open interest

Put-call 8.00

Put-side skew

Trend fit 43

Options are not fully confirming trend

Weekly backdrop +2.4%

RS 0.1

Expected move 10.6%
Put-call volume 8.00
Volume / OI 0.03
Reference IV 0.42
Max pain 7.50
Underlying 18.60
Nearest expiry 21 Aug 2026
Contracts 94

Options Intent Radar

Put-heavy activity

79/100
Primary intent Put-heavy activity

Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.

Flow vs price divergence Bearish flow against rising price

Put-side pressure is building while price is rising, a cautionary divergence.

Why this matters

Put-heavy activity matters because it connects the options headline to the actual evidence: $242 of estimated gross traded notional, calls · 22-45 days · itm, and a bearish flow against rising price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-80
1W price+2.4%
Call premium79%
Put premium21%
Notional split C 79% / P 21% 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 43/100 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.
Conviction clusters Calls · 22-45 days · ITM
Calls · 22-45 days · ITM calls cluster with 1 contracts traded, $192 estimated gross traded notional, and 79% of visible notional.
$192
Puts · 22-45 days · OTM puts cluster with 4 contracts traded, $30 estimated gross traded notional, and 12% of visible notional.
$30
Puts · 46-90 days · OTM puts cluster with 4 contracts traded, $20 estimated gross traded notional, and 8% of visible notional.
$20

Setup Classification

Opportunity and risk frame

Context, not advice
Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Warning Event-risk setup

Expected move or upcoming earnings makes the setup more event-sensitive.

Warning Bearish pressure under fair value

Put pressure is building after the stock has already moved below fair value.

Activity Anomaly

High anomaly

100

Current options activity is unusually hot versus this ticker's stored history.

Volume rank100th
Volume/OI rank100th
IV rank100th

Market Context

Underlying confirmation

Sharemaestro weekly
Close18.60
1W+2.4%
RS0.1
Fair value-20.1%
Options pressure-80
Speculation33
Volatility70
Trend fit43

Today Versus Normal

Stored-options context

View history
Expected move 10.6% elevated
30d avg 8.5% · 1 read 100th
90d avg 8.5% · 1 read 100th
180d avg 8.5% · 1 read 100th
IV 0.42 elevated
30d avg 0.34 · 1 read 100th
90d avg 0.34 · 1 read 100th
180d avg 0.34 · 1 read 100th
Put-call 8.00 normal building
30d avg - · 0 reads -
90d avg - · 0 reads -
180d avg - · 0 reads -
Volume/OI 0.03 elevated
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

Open trail
29 Jul 11:17 Bearish
Pressure -100
Move 8.5%
30 Jul 01:49 Bearish
Pressure -80
Move 10.6%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 0
Puts · V 2 · OI 2
Strike7.50
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike10.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike12.50
Calls · V 0 · OI 0
Puts · V 2 · OI 0
Strike15.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike17.50
Calls · V 1 · OI 1
Puts · V 0 · OI 0
Strike20.00
Calls · V 0 · OI 2
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts22
Avg IV0.42
Put-call4.00
Expiry18 Sep 2026
Contracts24
Avg IV0.57
Put-call-
Expiry18 Dec 2026
Contracts24
Avg IV0.52
Put-call-
Expiry19 Mar 2027
Contracts24
Avg IV0.62
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV0.22
Put IV0.07
Skew-0.15
18 Sep 2026Call IV premium
Call IV0.89
Put IV0.71
Skew-0.19
18 Dec 2026Call IV premium
Call IV0.67
Put IV0.44
Skew-0.22
19 Mar 2027Balanced skew
Call IV0.65
Put IV0.67
Skew0.02

Contract Tape

Most active contracts

Full contract tape
ContractNX260918P00005000
SidePut
Expiry18 Sep 2026
Strike5.00
Volume4
OI1
IV1.38
ContractNX260821P00005000
SidePut
Expiry21 Aug 2026
Strike5.00
Volume2
OI2
IV2.05
ContractNX260821P00012500
SidePut
Expiry21 Aug 2026
Strike12.50
Volume2
OI-
IV0.64
ContractNX260821C00017500
SideCall
Expiry21 Aug 2026
Strike17.50
Volume1
OI1
IV0.94
ContractNX261218P00015000
SidePut
Expiry18 Dec 2026
Strike15.00
Volume-
OI86
IV0.15
ContractNX260918P00010000
SidePut
Expiry18 Sep 2026
Strike10.00
Volume-
OI54
IV1.36
ContractNX260918C00022500
SideCall
Expiry18 Sep 2026
Strike22.50
Volume-
OI33
IV0.27
ContractNX260918C00017500
SideCall
Expiry18 Sep 2026
Strike17.50
Volume-
OI25
IV0.75