Ticker Options Intelligence

TSSI options intelligence

TSS, Inc. Common Stock options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 61 Market data through 30 Jul 2026 Checked 31 Jul 2026 11:51 · complete available chain

Volatility expansion watch

Volatility pressure

TSSI currently carries volatility options pressure with a 61/100 conviction score. The nearest-chain expected move is 29.9%, with volume/open-interest participation at 0.09.

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

Volatility expansion watch

Expected move 29.9%

Wider near-term move priced

Activity / OI 0.09

Current volume is quieter versus prior open interest

Put-call 0.04

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop +2.3%

RS -27.4

Expected move 29.9%
Put-call volume 0.04
Volume / OI 0.09
Reference IV 1.26
Max pain 10.00
Underlying 9.70
Nearest expiry 21 Aug 2026
Contracts 130

Research Brief

TSSI has a volatility chain read with 61/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 6.80–12.60; The largest call open-interest concentration is 12.50; the largest put concentration is 7.50. The most active strike by current volume is 20.00.

Priced range6.80–12.60
Call concentration12.50
Put concentration7.50
Max pain reference10.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • 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 6.80 to 12.60. Max pain at 10.00 sits inside that range, 3.1% above spot.

Spot Max pain
6.809.70 ± 2.9012.60
Confirmation level

A close beyond 12.60 or below 6.80 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 61/100

Evidence alignment, not probability

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

Directional pressure100 × 42%
+42.0

How strongly activity leans toward calls or puts.

Participation42 × 22%
+9.2

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

Trend agreement0 × 26%
+0.0

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 score60.8Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 12.50; the largest put concentration is 7.50. The most active strike by current volume is 20.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
2.50-74.2%
3
100
5.00-48.5%
1
650
7.50-22.7%
149
392
10.003.1%
819
88
12.5028.9%
1125
58
15.0054.6%
966
1
17.5080.4%
519
0
20.00106.2%
70
1
22.50132.0%
5
2
25.00157.7%
18
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.14× front/back

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

1.26 21 Aug 22d
1.10 18 Sep 50d
1.13 18 Dec 141d
1.10 15 Jan 169d
1.12 19 Mar 232d
1.10 21 Jan 540d

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.

10
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
130 / 130
  • 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

90/100
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 Volatility flow versus price

Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $251670 of estimated gross traded notional, calls · 91+ days · otm, 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+100
1W price+2.3%
Call premium97%
Put premium3%
Notional split C 97% / P 3% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.09 Volume divided by open interest across the visible chain.
Trend fit 0/100 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.
Conviction clusters Calls · 91+ days · OTM
Calls · 91+ days · OTM calls cluster with 1241 contracts traded, $202322 estimated gross traded notional, and 80% of visible notional.
$202322
Calls · 46-90 days · OTM calls cluster with 227 contracts traded, $21155 estimated gross traded notional, and 8% of visible notional.
$21155
Calls · 8-21 days · OTM calls cluster with 779 contracts traded, $17360 estimated gross traded notional, and 7% of visible notional.
$17360
Puts · 8-21 days · ITM puts cluster with 21 contracts traded, $3202 estimated gross traded notional, and 1% of visible notional.
$3202
Calls · 91+ days · ITM calls cluster with 5 contracts traded, $2700 estimated gross traded notional, and 1% of visible notional.
$2700

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.

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

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
Close9.92
1W+2.3%
RS-27.4
Fair value+18.3%
Options pressure100
Speculation42
Volatility96
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 29.9% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 1.26 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 0.04 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.09 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 11:35 Bullish
Pressure 46
Move 28.1%
30 Jul 11:15 Volatility
Pressure 87
Move 28.9%
31 Jul 10:51 Volatility
Pressure 100
Move 29.9%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 3
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 1
Puts · V 0 · OI 100
Strike7.50
Calls · V 3 · OI 149
Puts · V 22 · OI 650
Strike10.00
Calls · V 60 · OI 819
Puts · V 21 · OI 392
Strike12.50
Calls · V 34 · OI 1125
Puts · V 0 · OI 88
Strike15.00
Calls · V 3 · OI 966
Puts · V 0 · OI 58
Strike17.50
Calls · V 13 · OI 519
Puts · V 0 · OI 1
Strike20.00
Calls · V 669 · OI 70
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts20
Avg IV1.26
Put-call0.05
Expiry18 Sep 2026
Contracts22
Avg IV1.10
Put-call0.14
Expiry18 Dec 2026
Contracts22
Avg IV1.13
Put-call0.00
Expiry15 Jan 2027
Contracts24
Avg IV1.10
Put-call-
Expiry19 Mar 2027
Contracts18
Avg IV1.12
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV1.52
Put IV1.42
Skew-0.10
18 Sep 2026Call IV premium
Call IV1.38
Put IV1.07
Skew-0.31
18 Dec 2026Balanced skew
Call IV1.14
Put IV1.15
Skew0.01
15 Jan 2027Call IV premium
Call IV1.26
Put IV1.09
Skew-0.18
19 Mar 2027Put IV premium
Call IV0.96
Put IV1.40
Skew0.44

Contract Tape

Most active contracts

Full contract tape
ContractTSSI261218C00015000
SideCall
Expiry18 Dec 2026
Strike15.00
Volume1029
OI49
IV1.22
ContractTSSI260821C00020000
SideCall
Expiry21 Aug 2026
Strike20.00
Volume669
OI70
IV1.21
ContractTSSI260918C00012500
SideCall
Expiry18 Sep 2026
Strike12.50
Volume109
OI835
IV1.32
ContractTSSI270319C00022500
SideCall
Expiry19 Mar 2027
Strike22.50
Volume100
OI-
IV1.16
ContractTSSI270319C00017500
SideCall
Expiry19 Mar 2027
Strike17.50
Volume75
OI1
IV1.17
ContractTSSI260821C00010000
SideCall
Expiry21 Aug 2026
Strike10.00
Volume60
OI819
IV1.56
ContractTSSI260918C00015000
SideCall
Expiry18 Sep 2026
Strike15.00
Volume46
OI1295
IV1.38
ContractTSSI260918C00017500
SideCall
Expiry18 Sep 2026
Strike17.50
Volume40
OI392
IV1.29