Primary read
Volatility
Volatility expansion watch
Ticker Options Intelligence
SLDE options intelligence
Slide Insurance Holdings, Inc. Common Stock options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
46
Market data through 11 Aug 2026
Checked 12 Aug 2026 12:42 · complete available chain
Volatility expansion watch
Volatility pressure
SLDE currently carries volatility options pressure with a 46/100 conviction score. The nearest-chain expected move is 7.6%, with volume/open-interest participation at 0.01.
Expected move
7.6%
Wider near-term move priced
Activity / OI
0.01
Current volume is quieter versus prior open interest
Put-call
1.52
Put-side skew
Trend fit
92
Options agree with trend context
Weekly backdrop
+5.8%
RS 6.8
Expected move
7.6%
Put-call volume
1.52
Volume / OI
0.01
Reference IV
0.65
Max pain
17.50
Underlying
21.13
Nearest expiry
21 Aug 2026
Contracts
84
Research Brief
SLDE has a volatility chain read with 46/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 19.53–22.73; The largest call open-interest concentration is 17.50; the largest put concentration is 20.00. The most active strike by current volume is 20.00.
Priced range19.53–22.73
Call concentration17.50
Put concentration20.00
Max pain reference17.50
- A clear directional pressure reading develops and price begins to agree.
- The current chain read already agrees with the stored weekly trend context.
- Volatility falls and the chain remains directionally mixed.
- 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
Options imply 19.53 to 22.73. Max pain at 17.50 lies outside the priced range, so it is a weak near-term anchor.
Spot
Max pain
19.5321.13 ± 1.6022.73
Confirmation level
A close beyond 22.73 or below 19.53 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 46/100
Pressure is 14/100 toward puts; conviction uses its strength, while the signal label carries its direction.
Directional pressure14 × 42%
+5.9
How strongly activity leans toward calls or puts.
Participation40 × 22%
+8.9
Volume relative to existing open interest and contract-level activity.
Trend agreement92 × 26%
+24.0
How closely the chain read agrees with the underlying trend backdrop.
Volatility76 × 10%
+7.6
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
The largest call open-interest concentration is 17.50; the largest put concentration is 20.00. The most active strike by current volume is 20.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
1
2.50-88.2%
1
0
5.00-76.3%
0
0
7.50-64.5%
0
0
10.00-52.7%
0
3
12.50-40.8%
3
1
15.00-29.0%
4
25
17.50-17.2%
1809
39
20.00-5.3%
441
2
22.506.5%
268
0
25.0018.3%
79
0
30.0042.0%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Gamma Profile by Strike
Positive gamma proxy
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+$42,124Delta change / 1% move
Positive peak20.00+$28,746
Negative peak25.00-$9,324
Nearest balance24.28Interpolated sign change
StrikeNegativePositiveNet / 1% move
2.50-88.2%
+$0
10.00-52.7%
-$156
12.50-40.8%
+$87
15.00-29.0%
-$2,522
17.50-17.2%
+$1,750
20.00-5.3%
+$28,746
22.506.5%
+$23,234
25.0018.3%
-$9,324
30.0042.0%
+$276
35.0065.6%
+$34
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
Front-loaded volatility
Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.
0.65
21 Aug
10d
0.42
18 Sep
38d
0.44
16 Oct
66d
0.42
15 Jan
157d
Volatility by Strike
Upside optionality premium
Out-of-the-money calls carry higher implied volatility than comparable puts, indicating richer upside optionality.
18
20
23
25
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
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
Usable with limits
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 11 Aug 2026
- Calculation
- v2.0
- Contracts
- 84 / 84
- 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
Volatility expansion bet
The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.
Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.
Volatility expansion bet matters because it connects the options headline to the actual evidence: $13,502 of estimated gross traded notional, calls · 22-45 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-14
1W price+5.8%
Call premium81%
Put premium19%
Notional split
C 81% / P 19%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.01
Volume divided by open interest across the visible chain.
Trend fit
92/100
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.
Calls · 22-45 days · ITM
calls cluster with 15 contracts traded, $5,175 estimated gross traded notional, and 38% of visible notional.
$5,175
Calls · 91+ days · ITM
calls cluster with 4 contracts traded, $3,010 estimated gross traded notional, and 22% of visible notional.
$3,010
Calls · 8-21 days · ITM
calls cluster with 1 contracts traded, $1,840 estimated gross traded notional, and 14% of visible notional.
$1,840
Puts · 91+ days · OTM
puts cluster with 10 contracts traded, $1,150 estimated gross traded notional, and 9% of visible notional.
$1,150
Puts · 22-45 days · OTM
puts cluster with 12 contracts traded, $1,080 estimated gross traded notional, and 8% of visible notional.
$1,080
Setup Classification
Opportunity and risk frame
Positioning agrees with the Sharemaestro trend backdrop.
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Activity Anomaly
Warming up
9 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 9 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close21.13
1W+5.8%
RS6.8
Fair value+19.6%
Options pressure-14
Speculation40
Volatility76
Trend fit92
Today Versus Normal
Stored-options context
30d avg - · 9/10 sessions
-
90d avg - · 9/30 sessions
-
180d avg - · 9/60 sessions
-
30d avg - · 9/10 sessions
-
90d avg - · 9/30 sessions
-
180d avg - · 9/60 sessions
-
30d avg - · 9/10 sessions
-
90d avg - · 9/30 sessions
-
180d avg - · 9/60 sessions
-
30d avg - · 9/10 sessions
-
90d avg - · 9/30 sessions
-
180d avg - · 9/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 11:00
Volatility
Pressure 95
Move 13.2%
30 Jul 10:49
Volatility
Pressure 100
Move 20.0%
31 Jul 03:30
Volatility
Pressure 87
Move 10.7%
31 Jul 04:55
Bullish
Pressure 100
Move 10.7%
3 Aug 10:32
Volatility
Pressure 84
Move 12.5%
3 Aug 14:19
Volatility
Pressure 72
Move 8.1%
3 Aug 15:47
Volatility
Pressure 67
Move 10.9%
3 Aug 20:40
Volatility
Pressure 91
Move 9.8%
Strike Map
Where activity is clustering
Strike2.50
Calls · V 1 · OI 1
Puts · V 0 · OI 1
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike7.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike10.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike12.50
Calls · V 0 · OI 3
Puts · V 0 · OI 3
Strike15.00
Calls · V 0 · OI 4
Puts · V 1 · OI 1
Strike17.50
Calls · V 0 · OI 1809
Puts · V 0 · OI 25
Strike20.00
Calls · V 0 · OI 441
Puts · V 15 · OI 39
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts22
Avg IV0.65
Put-call16.00
Expiry18 Sep 2026
Contracts14
Avg IV0.42
Put-call0.80
Expiry16 Oct 2026
Contracts24
Avg IV0.44
Put-call-
Expiry15 Jan 2027
Contracts24
Avg IV0.42
Put-call1.11
Skew
Call/put IV balance
21 Aug 2026Call IV premium
Call IV0.67
Put IV0.38
Skew-0.29
18 Sep 2026Balanced skew
Call IV0.47
Put IV0.46
Skew-0.01
16 Oct 2026Put IV premium
Call IV0.10
Put IV0.61
Skew0.51
15 Jan 2027Put IV premium
Call IV0.43
Put IV0.50
Skew0.07
Contract Tape
Most active contracts
ContractSLDE260918C00017500
SideCall
Expiry18 Sep 2026
Strike17.50
Volume15
OI40
IV0.52
ContractSLDE260821P00020000
SidePut
Expiry21 Aug 2026
Strike20.00
Volume15
OI39
IV0.38
ContractSLDE260918P00020000
SidePut
Expiry18 Sep 2026
Strike20.00
Volume12
OI1
IV0.46
ContractSLDE270115P00017500
SidePut
Expiry15 Jan 2027
Strike17.50
Volume10
OI9
IV0.50
ContractSLDE270115C00022500
SideCall
Expiry15 Jan 2027
Strike22.50
Volume5
OI40
IV0.43
ContractSLDE270115C00017500
SideCall
Expiry15 Jan 2027
Strike17.50
Volume2
OI68
IV0.41
ContractSLDE270115C00010000
SideCall
Expiry15 Jan 2027
Strike10.00
Volume2
OI14
IV0.68
ContractSLDE260821P00015000
SidePut
Expiry21 Aug 2026
Strike15.00
Volume1
OI1
IV0.85
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
No recent market-watch posts yet.
Earnings
No upcoming matched earnings event.
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.