Ticker Options Intelligence

SABR options intelligence

Sabre Corpo options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 53 Market data through 31 Jul 2026 Checked 2 Aug 2026 06:34 · complete available chain

Volatility expansion watch

Volatility pressure

SABR currently carries volatility options pressure with a 53/100 conviction score. The nearest-chain expected move is 24.3%, with volume/open-interest participation at 0.00.

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

Volatility expansion watch

Expected move 24.3%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call 0.00

Call-side skew

Trend fit 5

Options are not fully confirming trend

Weekly backdrop +11.4%

RS 2.7

Expected move 24.3%
Put-call volume -
Volume / OI 0.00
Reference IV 1.04
Max pain 2.00
Underlying 1.85
Nearest expiry 21 Aug 2026
Contracts 116

Research Brief

SABR has a volatility chain read with 53/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 1.40–2.30; The largest call open-interest concentration is 2.00; the largest put concentration is 1.50. The most active strike by current volume is 2.00.

Priced range1.40–2.30
Call concentration2.00
Put concentration1.50
Max pain reference2.00
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.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 1.40 to 2.30. Max pain at 2.00 sits inside that range, 8.1% above spot.

Spot Max pain
1.401.85 ± 0.452.30
Confirmation level

A close beyond 2.30 or below 1.40 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 53/100

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.

Participation0 × 22%
+0.1

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

Trend agreement5 × 26%
+1.2

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 score52.9Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 2.00; the largest put concentration is 1.50. The most active strike by current volume is 2.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
10
0.50-73.0%
0
12
1.00-45.9%
1
287
1.50-18.9%
9
106
2.008.1%
1586
31
2.5035.1%
608
40
3.0062.2%
56
0
3.5089.2%
2
0
4.00116.2%
2
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Back-loaded volatility

0.66× front/back

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

1.04 21 Aug 21d
1.10 18 Sep 49d
0.98 16 Oct 77d
0.96 18 Dec 140d
1.00 15 Jan 168d
1.57 21 Jan 539d

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.

2
2
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
116 / 116
  • 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

85/100
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: $1668 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+11.4%
Call premium100%
Put premium0%
Notional split C 100% / P 0% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.00 Volume divided by open interest across the visible chain.
Trend fit 5/100 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 · OTM
Calls · 91+ days · OTM calls cluster with 40 contracts traded, $1450 estimated gross traded notional, and 87% of visible notional.
$1450
Calls · 91+ days · ITM calls cluster with 1 contracts traded, $135 estimated gross traded notional, and 8% of visible notional.
$135
Calls · 46-90 days · OTM calls cluster with 3 contracts traded, $45 estimated gross traded notional, and 3% of visible notional.
$45
Calls · 8-21 days · OTM calls cluster with 3 contracts traded, $38 estimated gross traded notional, and 2% of visible notional.
$38

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

-

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
Close1.85
1W+11.4%
RS2.7
Fair value-34.2%
Options pressure100
Speculation0
Volatility96
Trend fit5

Today Versus Normal

Stored-options context

View history
Expected move 24.3% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 1.04 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.00 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.00 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 11:20 Volatility
Pressure 72
Move 28.6%
30 Jul 11:05 Volatility
Pressure 81
Move 31.6%
31 Jul 10:43 Volatility
Pressure 100
Move 29.3%
2 Aug 05:34 Volatility
Pressure 100
Move 24.3%

Strike Map

Where activity is clustering

Full strike map
Strike0.50
Calls · V 0 · OI 0
Puts · V 0 · OI 10
Strike1.00
Calls · V 0 · OI 1
Puts · V 0 · OI 12
Strike1.50
Calls · V 0 · OI 9
Puts · V 0 · OI 287
Strike2.00
Calls · V 3 · OI 1586
Puts · V 0 · OI 106
Strike2.50
Calls · V 0 · OI 608
Puts · V 0 · OI 31
Strike3.00
Calls · V 0 · OI 56
Puts · V 0 · OI 40
Strike3.50
Calls · V 0 · OI 2
Puts · V 0 · OI 0
Strike4.00
Calls · V 0 · OI 2
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts16
Avg IV1.04
Put-call-
Expiry18 Sep 2026
Contracts14
Avg IV1.10
Put-call-
Expiry16 Oct 2026
Contracts20
Avg IV0.98
Put-call-
Expiry18 Dec 2026
Contracts24
Avg IV0.96
Put-call-
Expiry15 Jan 2027
Contracts24
Avg IV1.00
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV1.00
Put IV0.64
Skew-0.36
18 Sep 2026Put IV premium
Call IV1.04
Put IV1.22
Skew0.19
16 Oct 2026Put IV premium
Call IV0.99
Put IV1.06
Skew0.07
18 Dec 2026Put IV premium
Call IV0.93
Put IV1.10
Skew0.17
15 Jan 2027Balanced skew
Call IV1.02
Put IV1.01
Skew-0.01

Contract Tape

Most active contracts

Full contract tape
ContractSABR270115C00002000
SideCall
Expiry15 Jan 2027
Strike2.00
Volume20
OI1771
IV0.94
ContractSABR270115C00002500
SideCall
Expiry15 Jan 2027
Strike2.50
Volume20
OI1633
IV0.97
ContractSABR260821C00002000
SideCall
Expiry21 Aug 2026
Strike2.00
Volume3
OI1586
IV1.00
ContractSABR261016C00002500
SideCall
Expiry16 Oct 2026
Strike2.50
Volume3
OI632
IV0.99
ContractSABR261218C00000500
SideCall
Expiry18 Dec 2026
Strike0.50
Volume1
OI20
IV0.01
ContractSABR270115C00001500
SideCall
Expiry15 Jan 2027
Strike1.50
Volume-
OI27006
IV0.92
ContractSABR280121C00002000
SideCall
Expiry21 Jan 2028
Strike2.00
Volume-
OI21606
IV0.65
ContractSABR261218P00002000
SidePut
Expiry18 Dec 2026
Strike2.00
Volume-
OI20287
IV1.00