Ticker Options Intelligence

IAG options intelligence

IAMGold Corporation options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 54 Market data through 31 Jul 2026 Checked 1 Aug 2026 09:01 · complete available chain

Volatility expansion watch

Volatility pressure

IAG currently carries volatility options pressure with a 54/100 conviction score. The nearest-chain expected move is 14.3%, 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 Volatility

Volatility expansion watch

Expected move 14.3%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 0.13

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop -3.2%

RS -16.7

Expected move 14.3%
Put-call volume 0.13
Volume / OI 0.01
Reference IV 0.72
Max pain 15.00
Underlying 14.66
Nearest expiry 21 Aug 2026
Contracts 450

Research Brief

IAG has a volatility chain read with 54/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 12.56–16.76; The largest call open-interest concentration is 16.00; the largest put concentration is 15.00. The most active strike by current volume is 13.00.

Priced range12.56–16.76
Call concentration16.00
Put concentration15.00
Max pain reference15.00
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 12.56 to 16.76. Max pain at 15.00 sits inside that range, 2.3% above spot.

Spot Max pain
12.5614.66 ± 2.1016.76
Confirmation level

A close beyond 16.76 or below 12.56 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 54/100

Evidence alignment, not probability

Pressure is 87/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure87 × 42%
+36.6

How strongly activity leans toward calls or puts.

Participation40 × 22%
+8.8

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.

Volatility90 × 10%
+9.0

The intensity of implied volatility and the priced move.

Reconstructed score54.5Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 16.00; the largest put concentration is 15.00. The most active strike by current volume is 13.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
1
3.00-79.5%
1645
0
5.00-65.9%
335
438
13.00-11.3%
39
162
14.00-4.5%
211
2047
15.002.3%
273
63
16.009.1%
3375
307
17.0016.0%
553
382
18.0022.8%
938
150
19.0029.6%
218
28
20.0036.4%
3334
10
21.0043.2%
409
1
22.0050.1%
2518
3
27.0084.2%
102
42
30.00104.6%
89
51
31.00111.5%
58
0
38.00159.2%
106
0
39.00166.0%
149
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.13× front/back

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

0.72 21 Aug 21d
0.64 18 Sep 49d
0.67 20 Nov 112d
0.62 18 Dec 140d
0.66 15 Jan 168d
0.62 19 Mar 231d
0.59 21 May 294d
0.57 20 Aug 385d

Volatility by Strike

Upside optionality premium

Nearest expiry, within 20% of spot

Out-of-the-money calls carry higher implied volatility than comparable puts, indicating richer upside optionality.

12
13
14
15
16
17
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

High

A100/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
450 / 450
  • 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

86/100
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: $128902 of estimated gross traded notional, calls · 91+ days · itm, 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+87
1W price-3.2%
Call premium93%
Put premium7%
Notional split C 93% / P 7% 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 0/100 Agreement between options pressure and Sharemaestro market context.
Event window 6 Aug Matched earnings event is 4 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 · ITM
Calls · 91+ days · ITM calls cluster with 142 contracts traded, $79435 estimated gross traded notional, and 62% of visible notional.
$79435
Calls · 91+ days · OTM calls cluster with 154 contracts traded, $23765 estimated gross traded notional, and 18% of visible notional.
$23765
Calls · 8-21 days · ITM calls cluster with 58 contracts traded, $10440 estimated gross traded notional, and 8% of visible notional.
$10440
Calls · 91+ days · ATM calls cluster with 25 contracts traded, $6160 estimated gross traded notional, and 5% of visible notional.
$6160
Puts · 8-21 days · ITM puts cluster with 11 contracts traded, $2282 estimated gross traded notional, and 2% of visible notional.
$2282

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.

Warning Crowded strike risk

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

Sharemaestro weekly
Close14.19
1W-3.2%
RS-16.7
Fair value+72.4%
Options pressure87
Speculation40
Volatility90
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 14.3% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.72 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.13 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.01 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:27 Volatility
Pressure 100
Move 13.0%
30 Jul 10:23 Volatility
Pressure 84
Move 13.6%
30 Jul 15:25 Bullish
Pressure 21
Move 13.0%
30 Jul 15:47 Mixed
Pressure 14
Move 13.0%
30 Jul 19:38 Mixed
Pressure 10
Move 12.4%
31 Jul 17:06 Mixed
Pressure 13
Move 13.6%
31 Jul 23:07 Mixed
Pressure 13
Move 14.3%
1 Aug 08:01 Volatility
Pressure 87
Move 14.3%

Strike Map

Where activity is clustering

Full strike map
Strike3.00
Calls · V 0 · OI 1645
Puts · V 0 · OI 1
Strike5.00
Calls · V 0 · OI 335
Puts · V 0 · OI 0
Strike8.00
Calls · V 0 · OI 15
Puts · V 0 · OI 11
Strike10.00
Calls · V 0 · OI 19
Puts · V 0 · OI 47
Strike11.00
Calls · V 0 · OI 4
Puts · V 0 · OI 8
Strike12.00
Calls · V 0 · OI 19
Puts · V 0 · OI 49
Strike13.00
Calls · V 58 · OI 39
Puts · V 12 · OI 438
Strike14.00
Calls · V 0 · OI 211
Puts · V 7 · OI 162

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts66
Avg IV0.72
Put-call0.49
Expiry18 Sep 2026
Contracts62
Avg IV0.64
Put-call1.50
Expiry20 Nov 2026
Contracts66
Avg IV0.67
Put-call0.09
Expiry18 Dec 2026
Contracts56
Avg IV0.62
Put-call-
Expiry15 Jan 2027
Contracts68
Avg IV0.66
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.74
Put IV0.71
Skew-0.03
18 Sep 2026Put IV premium
Call IV0.63
Put IV0.69
Skew0.06
20 Nov 2026Call IV premium
Call IV0.75
Put IV0.62
Skew-0.13
18 Dec 2026Balanced skew
Call IV0.64
Put IV0.61
Skew-0.03
15 Jan 2027Balanced skew
Call IV0.65
Put IV0.61
Skew-0.04

Contract Tape

Most active contracts

Full contract tape
ContractIAG280121C00012000
SideCall
Expiry21 Jan 2028
Strike12.00
Volume141
OI908
IV0.67
ContractIAG270115C00017000
SideCall
Expiry15 Jan 2027
Strike17.00
Volume60
OI599
IV0.61
ContractIAG260821C00013000
SideCall
Expiry21 Aug 2026
Strike13.00
Volume58
OI39
IV0.83
ContractIAG280121C00020000
SideCall
Expiry21 Jan 2028
Strike20.00
Volume17
OI322
IV0.74
ContractIAG270319C00015000
SideCall
Expiry19 Mar 2027
Strike15.00
Volume14
OI37
IV0.61
ContractIAG260821P00013000
SidePut
Expiry21 Aug 2026
Strike13.00
Volume12
OI438
IV0.71
ContractIAG260821P00016000
SidePut
Expiry21 Aug 2026
Strike16.00
Volume11
OI63
IV0.65
ContractIAG270115C00015000
SideCall
Expiry15 Jan 2027
Strike15.00
Volume10
OI1080
IV0.62