Ticker Options Intelligence

PAAU options intelligence

Name: Sharemaestro PAAU Options Intent Radar
Creator: Sharemaestro
License: https://sharemaestro.com/data-license/

T-REX 2X LONG PAAS DAILY TARGET ETF options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 56 Market data through 3 Aug 2026 Checked 3 Aug 2026 18:12 · complete available chain

Call-side pressure

Bullish pressure

PAAU currently carries bullish options pressure with a 56/100 conviction score. The nearest-chain expected move is 94.2%, with volume/open-interest participation at 0.47.

Options Intelligence Opportunities Bullish confirmation Risks Unusual flow Vol expansion Repeated pressure Compare Chart

Primary read Bullish

Call-side pressure

Expected move 94.2%

Wider near-term move priced

Activity / OI 0.47

Current volume is quieter versus prior open interest

Put-call 0.05

Call-side skew

Trend fit 9

Options are not fully confirming trend

Weekly backdrop -11.3%

Sharemaestro weekly context

Expected move 94.2%

Put-call volume 0.05

Volume / OI 0.47

Reference IV 0.06

Max pain 11.00

Underlying 5.57

Nearest expiry 21 Aug 2026

Contracts 14

Research Brief

PAAU has a bullish chain read with 56/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 0.32–10.82; The largest call open-interest concentration is 12.00; the largest put concentration is 10.00. The most active strike by current volume is 8.00.

Priced range0.32–10.82

Call concentration12.00

Put concentration10.00

Max pain reference11.00

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.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 0.32 to 10.82. Max pain at 11.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain

0.325.57 ± 5.2510.82

Confirmation level

A close beyond 10.82 or below 0.32 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 56/100

Evidence alignment, not probability

Pressure is 91/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure91 × 42%

+38.2

How strongly activity leans toward calls or puts.

Participation51 × 22%

+11.2

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

Trend agreement9 × 26%

+2.3

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

Volatility44 × 10%

+4.4

The intensity of implied volatility and the priced move.

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 12.00; the largest put concentration is 10.00. The most active strike by current volume is 8.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest

8.0043.5%

9.0061.5%

10.0079.4%

11.0097.3%

12.00115.3%

14.00151.2%

25.00348.5%

26.00366.4%

35.00527.9%

Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Positive gamma proxy

Model-estimated Greeks · 62% coverage

Call-side gamma sensitivity outweighs the put-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.

Net profile+$16Delta change / 1% move

Positive peak23.00+$15

Negative peak10.00-$0

Nearest balance12.00Interpolated sign change

StrikeNegativePositiveNet / 1% move

10.0079.4%

-$0

12.00115.3%

+$0

14.00151.2%

+$0

20.00258.8%

+$1

23.00312.6%

+$15

25.00348.5%

+$0

26.00366.4%

+$0

35.00527.9%

+$0

Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike

Scenario proxy = gamma × open interest × 100 shares × spot² × 1%. Calls are positive and puts negative by convention. Missing Greeks use a Black-Scholes estimate from stored IV with zero rate and dividend assumptions. Open interest does not reveal who is long or short, so this is not observed dealer positioning or a forecast.

Volatility Curve

Back-loaded volatility

0.07× front/back

Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.

0.06 21 Aug 18d

6.44 18 Sep 46d

0.87 18 Dec 137d

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.

Comparable strike volatility is unavailable.

Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 matured · 0 directional

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

Auditable calculationoriginal version retained
Independent entryone read per market session
Point-in-time referencerequired at entry
Matched expiry closereported only after maturity

Eligible snapshots must have a dated market session, stored signal, and point-in-time market reference. Each observation uses one read per market session and the first stored weekly close on or immediately after expiry; its original calculation version is retained. It is an evidence audit, not an executable strategy or evidence of future performance.

Evidence Quality

High

A90/100

Retained chain100%

Implied volatility100%

Two-sided quotes93%

Open interest100%

Chain status: Complete available chain
Market date: 3 Aug 2026
Calculation: v2.0
Contracts: 14 / 14

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

Short-dated OTM call concentration

94/100

Primary intent Short-dated OTM call concentration

Call activity is concentrated in upside and shorter-dated contracts; trade direction remains unconfirmed without aggressor data.

Flow vs price divergence Bullish flow against weak price

Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.

Why this matters

Short-dated OTM call concentration matters because it connects the options headline to the actual evidence: $13,176 of estimated gross traded notional, calls · 8-21 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+91

1W price-11.3%

Call premium96%

Put premium4%

Notional split C 96% / P 4% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.

Freshness 0.47 Volume divided by open interest across the visible chain.

Trend fit 9/100 Agreement between options pressure and Sharemaestro market context.

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 39 contracts traded, $10,516 estimated gross traded notional, and 80% of visible notional.

$10,516

Calls · 91+ days · OTM calls cluster with 4 contracts traded, $1,445 estimated gross traded notional, and 11% of visible notional.

$1,445

Calls · 46-90 days · OTM calls cluster with 1 contracts traded, $735 estimated gross traded notional, and 6% of visible notional.

$735

Puts · 8-21 days · ITM puts cluster with 2 contracts traded, $480 estimated gross traded notional, and 4% of visible notional.

$480

Setup Classification

Opportunity and risk frame

Context, not advice

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

4 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.

Baseline: 4 completed sessions

Volume rank-

Volume/OI rank-

IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly

Close5.57

1W-11.3%

RS-

Fair value-64.0%

Options pressure91

Speculation51

Volatility44

Trend fit9

Today Versus Normal

Stored-options context

View history

Expected move 94.2% history building

30d avg - · 4/10 sessions -

90d avg - · 4/30 sessions -

180d avg - · 4/60 sessions -

IV 0.06 history building

30d avg - · 4/10 sessions -

90d avg - · 4/30 sessions -

180d avg - · 4/60 sessions -

Put-call 0.05 history building

30d avg - · 4/10 sessions -

90d avg - · 4/30 sessions -

180d avg - · 4/60 sessions -

Volume/OI 0.47 history building

30d avg - · 4/10 sessions -

90d avg - · 4/30 sessions -

180d avg - · 4/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail

29 Jul 12:53 Bullish

Pressure 89

Move 94.2%

3 Aug 17:12 Bullish

Pressure 91

Move 94.2%

Strike Map

Where activity is clustering

Full strike map

Strike8.00

Calls · V 29 · OI 2

Puts · V 0 · OI 0

Strike9.00

Calls · V 0 · OI 1

Puts · V 0 · OI 0

Strike10.00

Calls · V 1 · OI 1

Puts · V 0 · OI 39

Strike11.00

Calls · V 0 · OI 0

Puts · V 1 · OI 9

Strike12.00

Calls · V 0 · OI 22

Puts · V 1 · OI 1

Strike14.00

Calls · V 1 · OI 2

Puts · V 0 · OI 0

Strike25.00

Calls · V 5 · OI 5

Puts · V 0 · OI 0

Strike26.00

Calls · V 0 · OI 1

Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV

Expiry21 Aug 2026

Contracts11

Avg IV0.06

Put-call0.05

Expiry18 Sep 2026

Contracts1

Avg IV6.44

Put-call-

Expiry18 Dec 2026

Contracts2

Avg IV0.87

Put-call-

Skew

Call/put IV balance

OTM demand

21 Aug 2026Incomplete skew

Call IV0.00

Put IV-

Skew-

18 Sep 2026Incomplete skew

Call IV6.44

Put IV-

Skew-

18 Dec 2026Incomplete skew

Call IV0.00

Put IV-

Skew-

Contract Tape

Most active contracts

Full contract tape

ContractPAAU260918P00010000

SidePut

Expiry21 Aug 2026

Strike10.00

Volume-

OI39

IV0.13

ContractPAAU261218C00012000

SideCall

Expiry21 Aug 2026

Strike12.00

Volume-

OI22

IV0.13

ContractPAAU261218C00026000

SideCall

Expiry21 Aug 2026

Strike26.00

Volume-

OI1

IV0.50

ContractPAAU261218C00009000

SideCall

Expiry21 Aug 2026

Strike9.00

Volume-

OI1

IV0.00

ContractPAAU261218C00008000

SideCall

Expiry21 Aug 2026

Strike8.00

Volume29

OI2

IV0.00

ContractPAAU261218C00025000

SideCall

Expiry21 Aug 2026

Strike25.00

Volume5

OI5

IV0.50

ContractPAAU261218C00023000

SideCall

Expiry18 Dec 2026

Strike23.00

Volume3

OI10

IV1.73

ContractPAAU261218C00035000

SideCall

Expiry21 Aug 2026

Strike35.00

Volume3

OI3

IV0.50

PAAU options intelligence

Bullish pressure

PAAU has a bullish chain read with 56/100 evidence alignment.

Where the chain says movement becomes exceptional

Why conviction is 56/100

Where open interest and current activity concentrate

Positive gamma proxy

Back-loaded volatility

Smile incomplete

How matured reads behaved through expiry

High

Short-dated OTM call concentration

Opportunity and risk frame

Warming up

Underlying confirmation

Stored-options context

Recent pressure and volatility

Where activity is clustering

Expiration activity

Call/put IV balance

Most active contracts

Related research and context

Sharemaestro research

Related News

Market Watch

Earnings