Ticker Options Intelligence

SCSC options intelligence

ScanSource Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 51 Market data through 31 Jul 2026 Checked 31 Jul 2026 14:55 · complete available chain

Volatility expansion watch

Volatility pressure

SCSC currently carries volatility options pressure with a 51/100 conviction score. The nearest-chain expected move is 11.9%, with volume/open-interest participation at 0.74.

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

Volatility expansion watch

Expected move 11.9%

Wider near-term move priced

Activity / OI 0.74

Current volume is elevated versus prior open interest

Put-call 2.85

Put-side skew

Trend fit 44

Options are not fully confirming trend

Weekly backdrop +0.2%

RS 18.9

Expected move 11.9%
Put-call volume 2.85
Volume / OI 0.74
Reference IV 0.67
Max pain 50.00
Underlying 54.88
Nearest expiry 21 Aug 2026
Contracts 20

Research Brief

SCSC has a volatility chain read with 51/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 48.33–61.43; The largest call open-interest concentration is 50.00; the largest put concentration is 55.00. The most active strike by current volume is 50.00.

Priced range48.33–61.43
Call concentration50.00
Put concentration55.00
Max pain reference50.00
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 48.33 to 61.43. Max pain at 50.00 sits inside that range, 8.9% below spot.

Spot Max pain
48.3354.88 ± 6.5561.43
Confirmation level

A close beyond 61.43 or below 48.33 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 51/100

Evidence alignment, not probability

Pressure is 57/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure57 × 42%
+23.9

How strongly activity leans toward calls or puts.

Participation33 × 22%
+7.3

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

Trend agreement44 × 26%
+11.5

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

Volatility87 × 10%
+8.7

The intensity of implied volatility and the priced move.

Reconstructed score51.3Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 50.00; the largest put concentration is 55.00. The most active strike by current volume is 50.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
4
50.00-8.9%
20
10
55.000.2%
5
0
60.009.3%
8
0
65.0018.4%
1
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.63× front/back

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

0.67 21 Aug 21d
0.28 18 Sep 49d
0.41 18 Dec 140d

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.

50
55
60
65
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

A95/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
20 / 20
  • 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

84/100
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: $38361 of estimated gross traded notional, calls · 8-21 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-57
1W price+0.2%
Call premium72%
Put premium28%
Notional split C 72% / P 28% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.74 Volume divided by open interest across the visible chain.
Trend fit 44/100 Agreement between options pressure and Sharemaestro market context.
Event window 20 Aug Matched earnings event is 20 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 · 8-21 days · ITM
Calls · 8-21 days · ITM calls cluster with 20 contracts traded, $15300 estimated gross traded notional, and 40% of visible notional.
$15300
Puts · 46-90 days · OTM puts cluster with 87 contracts traded, $9101 estimated gross traded notional, and 24% of visible notional.
$9101
Calls · 91+ days · ITM calls cluster with 2 contracts traded, $5720 estimated gross traded notional, and 15% of visible notional.
$5720
Calls · 46-90 days · ITM calls cluster with 5 contracts traded, $5495 estimated gross traded notional, and 14% of visible notional.
$5495
Puts · 8-21 days · ATM puts cluster with 5 contracts traded, $1275 estimated gross traded notional, and 3% of visible notional.
$1275

Setup Classification

Opportunity and risk frame

Context, not advice
Warning Speculative chase

Participation is active enough to treat follow-through risk carefully.

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
Close54.88
1W+0.2%
RS18.9
Fair value+32.4%
Options pressure-57
Speculation33
Volatility87
Trend fit44

Today Versus Normal

Stored-options context

View history
Expected move 11.9% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.67 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 2.85 history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -
Volume/OI 0.74 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 11:14 Mixed
Pressure -6
Move 11.7%
30 Jul 11:01 Bullish
Pressure 44
Move 12.4%
31 Jul 10:36 Mixed
Pressure -6
Move 11.2%
31 Jul 13:55 Volatility
Pressure -57
Move 11.9%

Strike Map

Where activity is clustering

Full strike map
Strike50.00
Calls · V 20 · OI 20
Puts · V 1 · OI 4
Strike55.00
Calls · V 1 · OI 5
Puts · V 5 · OI 10
Strike60.00
Calls · V 0 · OI 8
Puts · V 0 · OI 0
Strike65.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts6
Avg IV0.67
Put-call0.29
Expiry18 Sep 2026
Contracts10
Avg IV0.28
Put-call9.67
Expiry18 Dec 2026
Contracts4
Avg IV0.41
Put-call0.33

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV0.78
Put IV0.51
Skew-0.27
18 Sep 2026Put IV premium
Call IV0.54
Put IV0.60
Skew0.06
18 Dec 2026Call IV premium
Call IV0.60
Put IV0.51
Skew-0.09

Contract Tape

Most active contracts

Full contract tape
ContractSCSC260821C00060000
SideCall
Expiry21 Aug 2026
Strike60.00
Volume-
OI8
IV0.78
ContractSCSC260918C00060000
SideCall
Expiry18 Sep 2026
Strike60.00
Volume-
OI4
IV0.54
ContractSCSC260918P00045000
SidePut
Expiry18 Sep 2026
Strike45.00
Volume-
OI4
IV0.13
ContractSCSC261218C00050000
SideCall
Expiry18 Dec 2026
Strike50.00
Volume-
OI1
IV0.54
ContractSCSC260821C00065000
SideCall
Expiry21 Aug 2026
Strike65.00
Volume-
OI1
IV0.68
ContractSCSC260918P00025000
SidePut
Expiry18 Sep 2026
Strike25.00
Volume-
OI-
IV0.50
ContractSCSC260918C00030000
SideCall
Expiry18 Sep 2026
Strike30.00
Volume-
OI-
IV0.00
ContractSCSC260918P00030000
SidePut
Expiry18 Sep 2026
Strike30.00
Volume86
OI86
IV1.35