Ticker Options Intelligence

AMN options intelligence

AMN Healthcare Services Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 42 Market data through 31 Jul 2026 Checked 2 Aug 2026 04:52 · complete available chain

Put-side pressure

Bearish pressure

AMN currently carries bearish options pressure with a 42/100 conviction score. The nearest-chain expected move is 15.2%, with volume/open-interest participation at 0.02.

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

Put-side pressure

Expected move 15.2%

Wider near-term move priced

Activity / OI 0.02

Current volume is quieter versus prior open interest

Put-call 1.75

Put-side skew

Trend fit 38

Options are not fully confirming trend

Weekly backdrop +2.2%

RS 42.9

Expected move 15.2%
Put-call volume 1.75
Volume / OI 0.02
Reference IV 0.80
Max pain 30.00
Underlying 33.63
Nearest expiry 21 Aug 2026
Contracts 112

Research Brief

AMN has a bearish chain read with 42/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 28.51–38.75; The largest call open-interest concentration is 35.00; the largest put concentration is 17.50. The most active strike by current volume is 30.00.

Priced range28.51–38.75
Call concentration35.00
Put concentration17.50
Max pain reference30.00
What would confirm it
  • Price remains weak while put-side concentration persists.
What would weaken it
  • Price recovers while put pressure fades or reverses toward calls.
  • 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 28.51 to 38.75. Max pain at 30.00 sits inside that range, 10.8% below spot.

Spot Max pain
28.5133.63 ± 5.1238.75
Confirmation level

A close beyond 38.75 or below 28.51 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 42/100

Evidence alignment, not probability

Pressure is 39/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure39 × 42%
+16.5

How strongly activity leans toward calls or puts.

Participation28 × 22%
+6.1

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

Trend agreement38 × 26%
+9.8

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 score42.0Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 35.00; the largest put concentration is 17.50. The most active strike by current volume is 30.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
700
17.50-48.0%
0
301
20.00-40.5%
0
154
22.50-33.1%
2
69
25.00-25.7%
5
57
30.00-10.8%
16
11
35.004.1%
44
0
40.0018.9%
35
0
45.0033.8%
11
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.

0.80 21 Aug 21d
0.68 18 Sep 49d
0.61 16 Oct 77d
0.70 18 Dec 140d
0.70 15 Jan 168d

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.

30
35
40
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
112 / 112
  • 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

91/100
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 Bearish flow against rising price

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

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $92392 of estimated gross traded notional, calls · 91+ 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-39
1W price+2.2%
Call premium89%
Put premium11%
Notional split C 89% / P 11% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.02 Volume divided by open interest across the visible chain.
Trend fit 38/100 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 44 contracts traded, $74495 estimated gross traded notional, and 81% of visible notional.
$74495
Puts · 8-21 days · OTM puts cluster with 113 contracts traded, $10452 estimated gross traded notional, and 11% of visible notional.
$10452
Calls · 46-90 days · ITM calls cluster with 5 contracts traded, $5000 estimated gross traded notional, and 5% of visible notional.
$5000
Calls · 8-21 days · OTM calls cluster with 15 contracts traded, $2050 estimated gross traded notional, and 2% of visible notional.
$2050
Calls · 46-90 days · OTM calls cluster with 1 contracts traded, $290 estimated gross traded notional, and 0% of visible notional.
$290

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

-

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
Close33.63
1W+2.2%
RS42.9
Fair value-14.5%
Options pressure-39
Speculation28
Volatility96
Trend fit38

Today Versus Normal

Stored-options context

View history
Expected move 15.2% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.80 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 1.75 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.02 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 11:13 Mixed
Pressure 17
Move 16.1%
30 Jul 11:00 Bearish
Pressure -56
Move 16.5%
31 Jul 10:41 Bearish
Pressure -58
Move 16.5%
2 Aug 03:52 Bearish
Pressure -39
Move 15.2%

Strike Map

Where activity is clustering

Full strike map
Strike17.50
Calls · V 0 · OI 0
Puts · V 0 · OI 700
Strike20.00
Calls · V 0 · OI 0
Puts · V 0 · OI 301
Strike22.50
Calls · V 0 · OI 2
Puts · V 0 · OI 154
Strike25.00
Calls · V 0 · OI 5
Puts · V 0 · OI 69
Strike30.00
Calls · V 0 · OI 16
Puts · V 113 · OI 57
Strike35.00
Calls · V 7 · OI 44
Puts · V 0 · OI 11
Strike40.00
Calls · V 8 · OI 35
Puts · V 0 · OI 0
Strike45.00
Calls · V 0 · OI 11
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts16
Avg IV0.80
Put-call7.53
Expiry18 Sep 2026
Contracts18
Avg IV0.68
Put-call-
Expiry16 Oct 2026
Contracts30
Avg IV0.61
Put-call-
Expiry18 Dec 2026
Contracts28
Avg IV0.70
Put-call-
Expiry15 Jan 2027
Contracts20
Avg IV0.70
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.81
Put IV0.77
Skew-0.04
18 Sep 2026Balanced skew
Call IV0.68
Put IV0.69
Skew0.01
16 Oct 2026Balanced skew
Call IV0.64
Put IV0.60
Skew-0.04
18 Dec 2026Balanced skew
Call IV0.70
Put IV0.71
Skew0.01
15 Jan 2027Put IV premium
Call IV0.64
Put IV0.70
Skew0.06

Contract Tape

Most active contracts

Full contract tape
ContractAMN260821P00030000
SidePut
Expiry21 Aug 2026
Strike30.00
Volume113
OI57
IV0.77
ContractAMN270115C00017500
SideCall
Expiry15 Jan 2027
Strike17.50
Volume22
OI37
IV0.93
ContractAMN270115C00020000
SideCall
Expiry15 Jan 2027
Strike20.00
Volume17
OI5
IV0.85
ContractAMN260821C00040000
SideCall
Expiry21 Aug 2026
Strike40.00
Volume8
OI35
IV0.81
ContractAMN260821C00035000
SideCall
Expiry21 Aug 2026
Strike35.00
Volume7
OI44
IV0.82
ContractAMN270115C00015000
SideCall
Expiry15 Jan 2027
Strike15.00
Volume5
OI12
IV1.05
ContractAMN260918C00025000
SideCall
Expiry18 Sep 2026
Strike25.00
Volume5
OI-
IV1.01
ContractAMN261218P00017500
SidePut
Expiry18 Dec 2026
Strike17.50
Volume1
OI333
IV1.00