Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
TTMI options intelligence
TTM Technologies Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
43
Market data through 31 Jul 2026
Checked 1 Aug 2026 22:00 · complete available chain
Call-side pressure
Bullish pressure
TTMI currently carries bullish options pressure with a 43/100 conviction score. The nearest-chain expected move is 23.0%, with volume/open-interest participation at 0.01.
Expected move
23.0%
Wider near-term move priced
Activity / OI
0.01
Current volume is quieter versus prior open interest
Put-call
0.48
Call-side skew
Trend fit
25
Options are not fully confirming trend
Weekly backdrop
-12.2%
RS 8.3
Expected move
23.0%
Put-call volume
0.48
Volume / OI
0.01
Reference IV
1.21
Max pain
110.00
Underlying
115.44
Nearest expiry
21 Aug 2026
Contracts
588
Research Brief
TTMI has a bullish chain read with 43/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 88.94–141.94; The largest call open-interest concentration is 110.00; the largest put concentration is 90.00. The most active strike by current volume is 115.00.
Priced range88.94–141.94
Call concentration110.00
Put concentration90.00
Max pain reference110.00
- Price holds or improves while call-side concentration remains elevated.
- Price weakens while call pressure fades or reverses toward puts.
- Options and the weekly trend are not yet giving the same message.
- Front-expiry volatility is rich, so the signal may be event-driven and vulnerable to volatility compression.
Priced Move
Where the chain says movement becomes exceptional
Options imply 88.94 to 141.94. Max pain at 110.00 sits inside that range, 4.7% below spot.
Spot
Max pain
88.94115.44 ± 26.50141.94
Confirmation level
A close beyond 141.94 or below 88.94 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 43/100
Pressure is 43/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure43 × 42%
+18.0
How strongly activity leans toward calls or puts.
Participation40 × 22%
+8.9
Volume relative to existing open interest and contract-level activity.
Trend agreement25 × 26%
+6.6
How closely the chain read agrees with the underlying trend backdrop.
Volatility96 × 10%
+9.6
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 110.00; the largest put concentration is 90.00. The most active strike by current volume is 115.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
738
75.00-35.0%
6
1634
90.00-22.0%
3
587
100.00-13.4%
134
425
105.00-9.0%
34
508
110.00-4.7%
5132
495
115.00-0.4%
9
458
125.008.3%
4315
439
135.0016.9%
768
306
140.0021.3%
186
151
145.0025.6%
2208
150
150.0029.9%
883
22
160.0038.6%
2454
44
175.0051.6%
489
228
180.0055.9%
1558
11
200.0073.3%
1338
0
220.0090.6%
899
0
230.0099.2%
1820
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Front-loaded volatility
Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.
1.21
21 Aug
21d
1.06
18 Sep
49d
1.03
16 Oct
77d
0.99
18 Dec
140d
0.98
15 Jan
168d
0.97
19 Mar
231d
0.95
21 Jan
539d
Volatility by Strike
Balanced wings
Comparable upside calls and downside puts carry broadly similar implied volatility.
95
100
105
110
115
120
125
130
135
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
- 588 / 588
- 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
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 leaning call-side while the stock is down on the week, a divergence that needs price confirmation.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $970624 of estimated gross traded notional, calls · 46-90 days · otm, and a bullish flow against weak price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+43
1W price-12.2%
Call premium65%
Put premium35%
Notional split
C 65% / P 35%
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
25/100
Agreement between options pressure and Sharemaestro market context.
Event window
5 Aug
Matched earnings event is 3 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Calls · 46-90 days · OTM
calls cluster with 199 contracts traded, $259848 estimated gross traded notional, and 27% of visible notional.
$259848
Puts · 46-90 days · OTM
puts cluster with 119 contracts traded, $196630 estimated gross traded notional, and 20% of visible notional.
$196630
Calls · 91+ days · OTM
calls cluster with 64 contracts traded, $148035 estimated gross traded notional, and 15% of visible notional.
$148035
Calls · 8-21 days · ATM
calls cluster with 48 contracts traded, $66480 estimated gross traded notional, and 7% of visible notional.
$66480
Calls · 46-90 days · ITM
calls cluster with 12 contracts traded, $66320 estimated gross traded notional, and 7% of visible notional.
$66320
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.
Call pressure is building while the stock sits above Sharemaestro fair value.
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
Close115.44
1W-12.2%
RS8.3
Fair value+143.9%
Options pressure43
Speculation40
Volatility96
Trend fit25
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 10:19
Volatility
Pressure 83
Move 25.6%
30 Jul 10:14
Volatility
Pressure -8
Move 27.0%
30 Jul 17:24
Mixed
Pressure 15
Move 22.9%
30 Jul 18:23
Mixed
Pressure 15
Move 22.9%
30 Jul 18:55
Mixed
Pressure 15
Move 22.9%
31 Jul 17:02
Volatility
Pressure 8
Move 22.6%
1 Aug 02:04
Volatility
Pressure 43
Move 22.8%
1 Aug 21:00
Bullish
Pressure 43
Move 23.0%
Strike Map
Where activity is clustering
Strike55.00
Calls · V 0 · OI 0
Puts · V 0 · OI 27
Strike60.00
Calls · V 0 · OI 2
Puts · V 0 · OI 1
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 3
Strike70.00
Calls · V 0 · OI 2
Puts · V 0 · OI 3
Strike75.00
Calls · V 0 · OI 6
Puts · V 1 · OI 738
Strike80.00
Calls · V 0 · OI 3
Puts · V 2 · OI 60
Strike85.00
Calls · V 1 · OI 0
Puts · V 11 · OI 269
Strike90.00
Calls · V 1 · OI 3
Puts · V 2 · OI 1634
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts84
Avg IV1.21
Put-call0.30
Expiry18 Sep 2026
Contracts86
Avg IV1.06
Put-call0.31
Expiry16 Oct 2026
Contracts98
Avg IV1.03
Put-call0.75
Expiry18 Dec 2026
Contracts86
Avg IV0.99
Put-call0.16
Expiry15 Jan 2027
Contracts86
Avg IV0.98
Put-call-
Skew
Call/put IV balance
21 Aug 2026Balanced skew
Call IV1.24
Put IV1.23
Skew-0.01
18 Sep 2026Balanced skew
Call IV1.07
Put IV1.06
Skew-0.01
16 Oct 2026Balanced skew
Call IV1.04
Put IV1.02
Skew-0.02
18 Dec 2026Balanced skew
Call IV1.00
Put IV0.98
Skew-0.02
15 Jan 2027Balanced skew
Call IV0.98
Put IV0.98
Skew-
Contract Tape
Most active contracts
ContractTTMI261016C00140000
SideCall
Expiry16 Oct 2026
Strike140.00
Volume118
OI128
IV1.02
ContractTTMI261016P00110000
SidePut
Expiry16 Oct 2026
Strike110.00
Volume103
OI10
IV1.01
ContractTTMI260821C00115000
SideCall
Expiry21 Aug 2026
Strike115.00
Volume48
OI9
IV1.23
ContractTTMI260821C00150000
SideCall
Expiry21 Aug 2026
Strike150.00
Volume23
OI883
IV1.24
ContractTTMI260918C00135000
SideCall
Expiry18 Sep 2026
Strike135.00
Volume20
OI327
IV1.07
ContractTTMI270319P00070000
SidePut
Expiry19 Mar 2027
Strike70.00
Volume20
OI15
IV0.97
ContractTTMI260821C00125000
SideCall
Expiry21 Aug 2026
Strike125.00
Volume19
OI4315
IV1.23
ContractTTMI260918C00140000
SideCall
Expiry18 Sep 2026
Strike140.00
Volume19
OI129
IV1.07
Research Graph
Related research and context
Sharemaestro research
Related News
Market Watch
TTM Technologies Inc (TTMI) suffers sharp weekly reset after 12-week run7 Jul 2026 01:54
TTM Technologies Inc (TTMI) takes -18.5% weekly hit as short-term returns turn negative6 Jul 2026 07:10
TTM Technologies Inc (TTMI) sees heavy weekly turnover during -11.5% pullback3 Jul 2026 06:25
TTM Technologies Inc (TTMI) shows Relative Strength at 108.5 in weekly setup26 Jun 2026 11:40
TTM Technologies Inc (TTMI) leads weekly screen with 126.7% twelve-week gain24 Jun 2026 13:16
TTM Technologies Inc (TTMI) adds 11.5% as 12-week advance reaches 126.7%23 Jun 2026 17:00
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.