Primary read
Volatility
Volatility expansion watch
Ticker Options Intelligence
ENLT options intelligence
Enlight Renewable Energy Ltd. Ordinary Shares options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
59
Market data through 29 Jul 2026
Checked 30 Jul 2026 02:13 · complete available chain
Volatility expansion watch
Volatility pressure
ENLT currently carries volatility options pressure with a 59/100 conviction score. The nearest-chain expected move is 14.0%, with volume/open-interest participation at 0.06.
Expected move
14.0%
Wider near-term move priced
Activity / OI
0.06
Current volume is quieter versus prior open interest
Put-call
0.14
Call-side skew
Trend fit
27
Options are not fully confirming trend
Weekly backdrop
-4.2%
RS 40.5
Expected move
14.0%
Put-call volume
0.14
Volume / OI
0.06
Reference IV
0.70
Max pain
75.00
Underlying
87.00
Nearest expiry
21 Aug 2026
Contracts
180
Options Intent Radar
Earnings/event positioning
Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.
Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $671017 of estimated gross traded notional, calls · 91+ days · atm, 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+82
1W price-4.2%
Call premium95%
Put premium5%
Notional split
C 95% / P 5%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.06
Volume divided by open interest across the visible chain.
Trend fit
27/100
Agreement between options pressure and Sharemaestro market context.
Event window
4 Aug
Matched earnings event is 5 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Calls · 91+ days · ATM
calls cluster with 171 contracts traded, $196200 estimated gross traded notional, and 29% of visible notional.
$196200
Calls · 91+ days · ITM
calls cluster with 102 contracts traded, $141100 estimated gross traded notional, and 21% of visible notional.
$141100
Calls · 22-45 days · ITM
calls cluster with 154 contracts traded, $137040 estimated gross traded notional, and 20% of visible notional.
$137040
Calls · 22-45 days · ATM
calls cluster with 180 contracts traded, $83700 estimated gross traded notional, and 12% of visible notional.
$83700
Calls · 91+ days · OTM
calls cluster with 102 contracts traded, $76515 estimated gross traded notional, and 11% of visible notional.
$76515
Setup Classification
Opportunity and risk frame
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Options positioning is not confirming the underlying trend context.
Activity Anomaly
Above normal
Activity is running above the recent historical baseline.
Volume rank100th
Volume/OI rank100th
IV rank0th
Market Context
Underlying confirmation
Close87.00
1W-4.2%
RS40.5
Fair value+182.8%
Options pressure82
Speculation41
Volatility89
Trend fit27
Today Versus Normal
Stored-options context
30d avg 15.9% · 1 read
0th
90d avg 15.9% · 1 read
0th
180d avg 15.9% · 1 read
0th
30d avg 0.76 · 1 read
0th
90d avg 0.76 · 1 read
0th
180d avg 0.76 · 1 read
0th
30d avg 0.10 · 1 read
100th
90d avg 0.10 · 1 read
100th
180d avg 0.10 · 1 read
100th
30d avg 0.02 · 1 read
100th
90d avg 0.02 · 1 read
100th
180d avg 0.02 · 1 read
100th
Pressure Trail
Recent pressure and volatility
29 Jul 10:22
Volatility
Pressure 89
Move 15.9%
30 Jul 01:13
Volatility
Pressure 82
Move 14.0%
Strike Map
Where activity is clustering
Strike20.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike22.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike25.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike30.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike35.00
Calls · V 0 · OI 0
Puts · V 0 · OI 15
Strike40.00
Calls · V 0 · OI 5
Puts · V 0 · OI 69
Strike45.00
Calls · V 0 · OI 64
Puts · V 0 · OI 136
Strike50.00
Calls · V 0 · OI 183
Puts · V 0 · OI 177
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts56
Avg IV0.70
Put-call0.29
Expiry18 Sep 2026
Contracts38
Avg IV0.66
Put-call-
Expiry20 Nov 2026
Contracts48
Avg IV0.66
Put-call0.00
Expiry19 Feb 2027
Contracts38
Avg IV0.64
Put-call0.01
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV0.75
Put IV0.82
Skew0.08
18 Sep 2026Balanced skew
Call IV0.65
Put IV0.69
Skew0.04
20 Nov 2026Balanced skew
Call IV0.66
Put IV0.68
Skew0.02
19 Feb 2027Put IV premium
Call IV0.62
Put IV0.68
Skew0.06
Contract Tape
Most active contracts
ContractENLT260821C00085000
SideCall
Expiry21 Aug 2026
Strike85.00
Volume180
OI1008
IV0.77
ContractENLT261120C00085000
SideCall
Expiry20 Nov 2026
Strike85.00
Volume151
OI79
IV0.68
ContractENLT261120C00080000
SideCall
Expiry20 Nov 2026
Strike80.00
Volume101
OI1309
IV0.73
ContractENLT260821C00075000
SideCall
Expiry21 Aug 2026
Strike75.00
Volume101
OI1138
IV0.82
ContractENLT270219C00110000
SideCall
Expiry19 Feb 2027
Strike110.00
Volume101
OI6
IV0.64
ContractENLT260821P00075000
SidePut
Expiry21 Aug 2026
Strike75.00
Volume100
OI685
IV0.75
ContractENLT260821C00080000
SideCall
Expiry21 Aug 2026
Strike80.00
Volume53
OI1012
IV0.77
ContractENLT270219C00085000
SideCall
Expiry19 Feb 2027
Strike85.00
Volume20
OI21
IV0.67
Research Graph
Related research and context
Sharemaestro research
Related News
Market Watch
No recent market-watch posts yet.
Earnings
Plain English Guide
Options context
What usually looks constructive
What usually looks cautious
Options can move quickly and can lose value fast. Treat this as research context, not a buy or sell instruction.