Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
TME options intelligence
Tencent Music Entertainment Group options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
33
Market data through 29 Jul 2026
Checked 30 Jul 2026 00:19 · complete available chain
Options-market disagreement
Mixed pressure
TME currently carries mixed options pressure with a 33/100 conviction score. The nearest-chain expected move is 13.3%, with volume/open-interest participation at 0.06.
Expected move
13.3%
Wider near-term move priced
Activity / OI
0.06
Current volume is quieter versus prior open interest
Put-call
0.89
Balanced tape
Trend fit
49
Options are not fully confirming trend
Weekly backdrop
-2.9%
RS -48.2
Expected move
13.3%
Put-call volume
0.89
Volume / OI
0.06
Reference IV
0.68
Max pain
9.00
Underlying
8.86
Nearest expiry
21 Aug 2026
Contracts
133
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.
The options read is mixed, so divergence is not strong enough to classify.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $560407 of estimated gross traded notional, puts · 91+ days · itm, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+7
1W price-2.9%
Call premium27%
Put premium73%
Notional split
C 27% / P 73%
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
49/100
Agreement between options pressure and Sharemaestro market context.
Event window
11 Aug
Matched earnings event is 12 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Puts · 91+ days · ITM
puts cluster with 776 contracts traded, $301238 estimated gross traded notional, and 54% of visible notional.
$301238
Puts · 46-90 days · ITM
puts cluster with 235 contracts traded, $76724 estimated gross traded notional, and 14% of visible notional.
$76724
Calls · 91+ days · OTM
calls cluster with 1289 contracts traded, $57249 estimated gross traded notional, and 10% of visible notional.
$57249
Calls · 91+ days · ITM
calls cluster with 118 contracts traded, $30400 estimated gross traded notional, and 5% of visible notional.
$30400
Calls · 46-90 days · OTM
calls cluster with 525 contracts traded, $27012 estimated gross traded notional, and 5% of visible notional.
$27012
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.
Underlying price is close to the max-pain zone.
Activity Anomaly
High anomaly
Current options activity is unusually hot versus this ticker's stored history.
Volume rank100th
Volume/OI rank100th
IV rank100th
Market Context
Underlying confirmation
Close8.86
1W-2.9%
RS-48.2
Fair value-30.5%
Options pressure7
Speculation41
Volatility87
Trend fit49
Today Versus Normal
Stored-options context
30d avg 13.3% · 1 read
100th
90d avg 13.3% · 1 read
100th
180d avg 13.3% · 1 read
100th
30d avg 0.52 · 1 read
100th
90d avg 0.52 · 1 read
100th
180d avg 0.52 · 1 read
100th
30d avg 0.52 · 1 read
100th
90d avg 0.52 · 1 read
100th
180d avg 0.52 · 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
Bullish
Pressure 32
Move 13.3%
29 Jul 23:19
Mixed
Pressure 7
Move 13.3%
Strike Map
Where activity is clustering
Strike1.00
Calls · V 6 · OI 2
Puts · V 0 · OI 0
Strike2.00
Calls · V 0 · OI 0
Puts · V 1 · OI 5
Strike5.00
Calls · V 1 · OI 1
Puts · V 7 · OI 10
Strike6.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike7.00
Calls · V 0 · OI 0
Puts · V 1 · OI 637
Strike8.00
Calls · V 5 · OI 56
Puts · V 79 · OI 1833
Strike9.00
Calls · V 39 · OI 3003
Puts · V 268 · OI 3029
Strike10.00
Calls · V 154 · OI 2904
Puts · V 17 · OI 39
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts16
Avg IV0.68
Put-call1.65
Expiry18 Sep 2026
Contracts12
Avg IV0.58
Put-call2.08
Expiry16 Oct 2026
Contracts40
Avg IV0.56
Put-call0.76
Expiry15 Jan 2027
Contracts42
Avg IV0.58
Put-call0.70
Expiry21 Jan 2028
Contracts23
Avg IV0.57
Put-call0.42
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV0.54
Put IV0.67
Skew0.13
18 Sep 2026Call IV premium
Call IV0.60
Put IV0.55
Skew-0.05
16 Oct 2026Balanced skew
Call IV0.58
Put IV0.53
Skew-0.04
15 Jan 2027Balanced skew
Call IV0.58
Put IV0.53
Skew-0.04
21 Jan 2028Balanced skew
Call IV0.55
Put IV0.51
Skew-0.05
Contract Tape
Most active contracts
ContractTME260918P00007000
SidePut
Expiry18 Sep 2026
Strike7.00
Volume-
OI400
IV0.68
ContractTME260918C00014000
SideCall
Expiry18 Sep 2026
Strike14.00
Volume-
OI17
IV0.81
ContractTME261016C00022000
SideCall
Expiry16 Oct 2026
Strike22.00
Volume-
OI4
IV1.32
ContractTME261016C00019000
SideCall
Expiry16 Oct 2026
Strike19.00
Volume-
OI3
IV1.18
ContractTME261016C00004000
SideCall
Expiry16 Oct 2026
Strike4.00
Volume-
OI2
IV1.22
ContractTME260821C00013000
SideCall
Expiry21 Aug 2026
Strike13.00
Volume-
OI1
IV0.72
ContractTME280121P00032000
SidePut
Expiry21 Jan 2028
Strike32.00
Volume-
OI1
IV0.00
ContractTME260918P00005000
SidePut
Expiry18 Sep 2026
Strike5.00
Volume-
OI1
IV1.76
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
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.