Ticker Options Intelligence

CNVS options intelligence

Cineverse Corp. options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 41 Market data through 30 Jul 2026 Checked 31 Jul 2026 12:00 · complete available chain

Call-side pressure

Bullish pressure

CNVS currently carries bullish options pressure with a 41/100 conviction score. The nearest-chain expected move is 28.7%, with volume/open-interest participation at 0.01.

Options Intelligence Opportunities Bullish confirmation Risks Unusual flow Vol expansion Repeated pressure Compare Chart Weekly report
Primary read Bullish

Call-side pressure

Expected move 28.7%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 0.53

Call-side skew

Trend fit 49

Options are not fully confirming trend

Weekly backdrop +2.1%

RS -23.8

Expected move 28.7%
Put-call volume 0.53
Volume / OI 0.01
Reference IV 1.72
Max pain 2.50
Underlying 2.35
Nearest expiry 21 Aug 2026
Contracts 24

Research Brief

CNVS has a bullish chain read with 41/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 1.67–3.03; The largest call open-interest concentration is 2.50; the largest put concentration is 2.50. The most active strike by current volume is 2.50.

Priced range1.67–3.03
Call concentration2.50
Put concentration2.50
Max pain reference2.50
What would confirm it
  • Price holds or improves while call-side concentration remains elevated.
What would weaken it
  • 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

Size, not direction · through 21 Aug

Options imply 1.67 to 3.03. Max pain at 2.50 sits inside that range, 6.4% above spot.

Spot Max pain
1.672.35 ± 0.683.03
Confirmation level

A close beyond 3.03 or below 1.67 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 41/100

Evidence alignment, not probability

Pressure is 42/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure42 × 42%
+17.7

How strongly activity leans toward calls or puts.

Participation3 × 22%
+0.7

Volume relative to existing open interest and contract-level activity.

Trend agreement49 × 26%
+12.8

How closely the chain read agrees with the underlying trend backdrop.

Volatility96 × 10%
+9.6

The intensity of implied volatility and the priced move.

Reconstructed score40.9Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 2.50; the largest put concentration is 2.50. The most active strike by current volume is 2.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
20
2.506.4%
717
3
5.00112.8%
682
0
7.50219.1%
43
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.94× front/back

Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.

1.72 21 Aug 22d
1.21 18 Sep 50d
1.01 20 Nov 113d
0.88 19 Feb 204d

Volatility by Strike

Smile incomplete

Nearest expiry, within 20% of spot

There is not enough comparable OTM call and put volatility to classify the smile.

3
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 directional observations

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

C69/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
30 Jul 2026
Calculation
v2.0
Contracts
24 / 24
  • 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

94/100
Primary intent Earnings/event positioning

Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.

Flow vs price divergence Bullish flow confirms price

Options pressure and weekly price action are pointing in the same constructive direction.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $715 of estimated gross traded notional, calls · 8-21 days · otm, and a bullish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+42
1W price+2.1%
Call premium52%
Put premium48%
Notional split C 52% / P 48% 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 49/100 Agreement between options pressure and Sharemaestro market context.
Event window 13 Aug Matched earnings event is 11 days away.
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 · 8-21 days · OTM
Calls · 8-21 days · OTM calls cluster with 15 contracts traded, $375 estimated gross traded notional, and 52% of visible notional.
$375
Puts · 8-21 days · ITM puts cluster with 8 contracts traded, $340 estimated gross traded notional, and 48% of visible notional.
$340

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.

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

Sharemaestro weekly
Close2.40
1W+2.1%
RS-23.8
Fair value-0.2%
Options pressure42
Speculation3
Volatility96
Trend fit49

Today Versus Normal

Stored-options context

View history
Expected move 28.7% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 1.72 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 0.53 history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -
Volume/OI 0.01 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:48 Mixed
Pressure 12
Move 41.9%
30 Jul 11:25 Volatility
Pressure 100
Move 33.0%
31 Jul 11:00 Bullish
Pressure 42
Move 28.7%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 15 · OI 717
Puts · V 8 · OI 20
Strike5.00
Calls · V 0 · OI 682
Puts · V 0 · OI 3
Strike7.50
Calls · V 0 · OI 43
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts6
Avg IV1.72
Put-call0.53
Expiry18 Sep 2026
Contracts6
Avg IV1.21
Put-call-
Expiry20 Nov 2026
Contracts6
Avg IV1.01
Put-call-
Expiry19 Feb 2027
Contracts6
Avg IV0.88
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Incomplete skew
Call IV0.18
Put IV-
Skew-
18 Sep 2026Incomplete skew
Call IV0.11
Put IV-
Skew-
20 Nov 2026Incomplete skew
Call IV1.53
Put IV-
Skew-
19 Feb 2027Incomplete skew
Call IV0.47
Put IV-
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractCNVS260821C00002500
SideCall
Expiry21 Aug 2026
Strike2.50
Volume15
OI717
IV0.18
ContractCNVS260821P00002500
SidePut
Expiry21 Aug 2026
Strike2.50
Volume8
OI20
IV1.58
ContractCNVS261120C00005000
SideCall
Expiry20 Nov 2026
Strike5.00
Volume-
OI864
IV1.53
ContractCNVS260821C00005000
SideCall
Expiry21 Aug 2026
Strike5.00
Volume-
OI682
IV1.49
ContractCNVS261120C00002500
SideCall
Expiry20 Nov 2026
Strike2.50
Volume-
OI340
IV1.41
ContractCNVS270219C00005000
SideCall
Expiry19 Feb 2027
Strike5.00
Volume-
OI134
IV0.47
ContractCNVS270219C00002500
SideCall
Expiry19 Feb 2027
Strike2.50
Volume-
OI46
IV1.01
ContractCNVS260821C00007500
SideCall
Expiry21 Aug 2026
Strike7.50
Volume-
OI43
IV2.10