Ticker Options Intelligence

RNW options intelligence

Renew Energy Global PLC options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 41 Market data through 31 Jul 2026 Checked 2 Aug 2026 08:14 · complete available chain

Call-side pressure

Bullish pressure

RNW currently carries bullish options pressure with a 41/100 conviction score. The nearest-chain expected move is 11.7%, 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 Bullish

Call-side pressure

Expected move 11.7%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call 0.40

Call-side skew

Trend fit 51

Options are not fully confirming trend

Weekly backdrop +1.1%

RS -10.8

Expected move 11.7%
Put-call volume 0.40
Volume / OI 0.00
Reference IV 0.50
Max pain 6.00
Underlying 6.22
Nearest expiry 21 Aug 2026
Contracts 92

Research Brief

RNW has a bullish chain read with 41/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 5.49–6.95; The largest call open-interest concentration is 6.00; the largest put concentration is 6.00. The most active strike by current volume is 5.00.

Priced range5.49–6.95
Call concentration6.00
Put concentration6.00
Max pain reference6.00
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.
  • 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 5.49 to 6.95. Max pain at 6.00 sits inside that range, 3.5% below spot.

Spot Max pain
5.496.22 ± 0.736.95
Confirmation level

A close beyond 6.95 or below 5.49 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 41/100

Evidence alignment, not probability

Pressure is 48/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure48 × 42%
+20.0

How strongly activity leans toward calls or puts.

Participation0 × 22%
+0.0

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

Trend agreement51 × 26%
+13.2

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

Volatility75 × 10%
+7.5

The intensity of implied volatility and the priced move.

Reconstructed score40.8Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 6.00; the largest put concentration is 6.00. The most active strike by current volume is 5.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
1.00-83.9%
1
0
2.00-67.8%
0
0
3.00-51.8%
0
0
4.00-35.7%
0
85
5.00-19.6%
0
2008
6.00-3.5%
1515
0
7.0012.5%
34
0
8.0028.6%
0
0
9.0044.7%
0
0
10.0060.8%
0
0
11.0076.8%
0
0
12.0092.9%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

3.43× front/back

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

0.50 21 Aug 21d
0.45 18 Sep 49d
0.15 16 Oct 77d
0.15 15 Jan 168d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

Comparable upside calls and downside puts carry broadly similar implied volatility.

5
6
7
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

A97/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
92 / 92
  • 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

80/100
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 Bullish flow confirms price

Options pressure and weekly price action are pointing in the same constructive direction.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $498 of estimated gross traded notional, calls · 91+ days · itm, and a bullish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+48
1W price+1.1%
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 0.00 Volume divided by open interest across the visible chain.
Trend fit 51/100 Agreement between options pressure and Sharemaestro market context.
Event window 12 Aug Matched earnings event is 10 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 5 contracts traded, $462 estimated gross traded notional, and 93% of visible notional.
$462
Puts · 8-21 days · OTM puts cluster with 2 contracts traded, $35 estimated gross traded notional, and 7% of visible notional.
$35

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
Close6.22
1W+1.1%
RS-10.8
Fair value-1.4%
Options pressure48
Speculation0
Volatility75
Trend fit51

Today Versus Normal

Stored-options context

View history
Expected move 11.7% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.50 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.40 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 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 10:58 Volatility
Pressure -95
Move 22.0%
30 Jul 10:48 Bearish
Pressure -91
Move 11.9%
31 Jul 10:32 Volatility
Pressure 71
Move 11.9%
2 Aug 07:14 Bullish
Pressure 48
Move 11.7%

Strike Map

Where activity is clustering

Full strike map
Strike1.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike2.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike3.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike4.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 0
Puts · V 1 · OI 85
Strike6.00
Calls · V 0 · OI 1515
Puts · V 1 · OI 2008
Strike7.00
Calls · V 0 · OI 34
Puts · V 0 · OI 0
Strike8.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts24
Avg IV0.50
Put-call-
Expiry18 Sep 2026
Contracts24
Avg IV0.45
Put-call-
Expiry16 Oct 2026
Contracts22
Avg IV0.15
Put-call-
Expiry15 Jan 2027
Contracts22
Avg IV0.15
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV0.30
Put IV0.13
Skew-0.17
18 Sep 2026Call IV premium
Call IV0.19
Put IV0.09
Skew-0.10
16 Oct 2026Call IV premium
Call IV0.15
Put IV0.07
Skew-0.08
15 Jan 2027Call IV premium
Call IV0.24
Put IV0.05
Skew-0.19

Contract Tape

Most active contracts

Full contract tape
ContractRNW270115C00006000
SideCall
Expiry15 Jan 2027
Strike6.00
Volume5
OI736
IV0.46
ContractRNW260821P00006000
SidePut
Expiry21 Aug 2026
Strike6.00
Volume1
OI2008
IV0.13
ContractRNW260821P00005000
SidePut
Expiry21 Aug 2026
Strike5.00
Volume1
OI85
IV0.51
ContractRNW260821C00006000
SideCall
Expiry21 Aug 2026
Strike6.00
Volume-
OI1515
IV0.01
ContractRNW261016C00006000
SideCall
Expiry16 Oct 2026
Strike6.00
Volume-
OI744
IV0.35
ContractRNW270115C00007000
SideCall
Expiry15 Jan 2027
Strike7.00
Volume-
OI736
IV0.24
ContractRNW261016C00007000
SideCall
Expiry16 Oct 2026
Strike7.00
Volume-
OI434
IV0.15
ContractRNW270115P00005000
SidePut
Expiry15 Jan 2027
Strike5.00
Volume-
OI152
IV0.19