Ticker Options Intelligence

IBTA options intelligence

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

Conviction 47 Market data through 31 Jul 2026 Checked 31 Jul 2026 20:08 · complete available chain

Volatility expansion watch

Volatility pressure

IBTA currently carries volatility options pressure with a 47/100 conviction score. The nearest-chain expected move is 22.2%, with volume/open-interest participation at 0.35.

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

Volatility expansion watch

Expected move 22.2%

Wider near-term move priced

Activity / OI 0.35

Current volume is quieter versus prior open interest

Put-call 0.99

Balanced tape

Trend fit 88

Options agree with trend context

Weekly backdrop -16.8%

RS -13.4

Expected move 22.2%
Put-call volume 0.99
Volume / OI 0.35
Reference IV 1.44
Max pain 25.00
Underlying 26.25
Nearest expiry 21 Aug 2026
Contracts 74

Research Brief

IBTA has a volatility chain read with 47/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 20.43–32.07; The largest call open-interest concentration is 35.00; the largest put concentration is 15.00. The most active strike by current volume is 20.00.

Priced range20.43–32.07
Call concentration35.00
Put concentration15.00
Max pain reference25.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • 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

Size, not direction · through 21 Aug

Options imply 20.43 to 32.07. Max pain at 25.00 sits inside that range, 4.8% below spot.

Spot Max pain
20.4326.25 ± 5.8232.07
Confirmation level

A close beyond 32.07 or below 20.43 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 47/100

Evidence alignment, not probability

Pressure is 9/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure9 × 42%
+3.8

How strongly activity leans toward calls or puts.

Participation48 × 22%
+10.6

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

Trend agreement88 × 26%
+23.0

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

Volatility96 × 10%
+9.6

The intensity of implied volatility and the priced move.

Reconstructed score47.0Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 35.00; the largest put concentration is 15.00. 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
30
15.00-42.9%
0
1
20.00-23.8%
0
1
25.00-4.8%
7
6
30.0014.3%
16
0
35.0033.3%
88
0
40.0052.4%
6
0
45.0071.4%
1
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.91× front/back

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

1.44 21 Aug 21d
1.59 18 Sep 49d
0.87 18 Dec 140d
1.26 15 Jan 168d
0.75 19 Mar 231d

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.

25
30
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

A96/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
74 / 74
  • 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

86/100
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: $295464 of estimated gross traded notional, puts · 91+ 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+9
1W price-16.8%
Call premium19%
Put premium81%
Notional split C 19% / P 81% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.35 Volume divided by open interest across the visible chain.
Trend fit 88/100 Agreement between options pressure and Sharemaestro market context.
Event window 3 Aug Matched earnings event is 2 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 Puts · 91+ days · ITM
Puts · 91+ days · ITM puts cluster with 106 contracts traded, $217170 estimated gross traded notional, and 74% of visible notional.
$217170
Calls · 91+ days · ITM calls cluster with 17 contracts traded, $20450 estimated gross traded notional, and 7% of visible notional.
$20450
Calls · 91+ days · OTM calls cluster with 144 contracts traded, $19038 estimated gross traded notional, and 6% of visible notional.
$19038
Calls · 46-90 days · OTM calls cluster with 49 contracts traded, $12878 estimated gross traded notional, and 4% of visible notional.
$12878
Puts · 91+ days · OTM puts cluster with 26 contracts traded, $11474 estimated gross traded notional, and 4% of visible notional.
$11474

Setup Classification

Opportunity and risk frame

Context, not advice
Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

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
Close26.25
1W-16.8%
RS-13.4
Fair value-45.1%
Options pressure9
Speculation48
Volatility96
Trend fit88

Today Versus Normal

Stored-options context

View history
Expected move 22.2% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 1.44 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.99 history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -
Volume/OI 0.35 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 11:18 Mixed
Pressure 9
Move 25.1%
30 Jul 11:03 Bearish
Pressure -24
Move 23.6%
31 Jul 02:33 Volatility
Pressure -91
Move 26.1%
31 Jul 19:08 Volatility
Pressure 9
Move 22.2%

Strike Map

Where activity is clustering

Full strike map
Strike15.00
Calls · V 0 · OI 0
Puts · V 2 · OI 30
Strike20.00
Calls · V 0 · OI 0
Puts · V 83 · OI 1
Strike25.00
Calls · V 5 · OI 7
Puts · V 1 · OI 1
Strike30.00
Calls · V 2 · OI 16
Puts · V 1 · OI 6
Strike35.00
Calls · V 6 · OI 88
Puts · V 0 · OI 0
Strike40.00
Calls · V 2 · OI 6
Puts · V 0 · OI 0
Strike45.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts9
Avg IV1.44
Put-call5.80
Expiry18 Sep 2026
Contracts12
Avg IV1.59
Put-call0.10
Expiry18 Dec 2026
Contracts11
Avg IV0.87
Put-call0.08
Expiry15 Jan 2027
Contracts38
Avg IV1.26
Put-call0.96
Expiry19 Mar 2027
Contracts4
Avg IV0.75
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV1.30
Put IV1.04
Skew-0.27
18 Sep 2026Call IV premium
Call IV0.96
Put IV0.76
Skew-0.20
18 Dec 2026Call IV premium
Call IV0.89
Put IV0.73
Skew-0.16
15 Jan 2027Call IV premium
Call IV0.88
Put IV0.69
Skew-0.18
19 Mar 2027Call IV premium
Call IV0.82
Put IV0.67
Skew-0.15

Contract Tape

Most active contracts

Full contract tape
ContractIBTA260918C00015000
SideCall
Expiry18 Sep 2026
Strike15.00
Volume-
OI105
IV7.42
ContractIBTA261218C00050000
SideCall
Expiry18 Dec 2026
Strike50.00
Volume-
OI35
IV1.17
ContractIBTA260918P00007500
SidePut
Expiry18 Sep 2026
Strike7.50
Volume-
OI20
IV2.21
ContractIBTA270319P00022500
SidePut
Expiry19 Mar 2027
Strike22.50
Volume-
OI15
IV0.67
ContractIBTA270319C00030000
SideCall
Expiry19 Mar 2027
Strike30.00
Volume-
OI5
IV0.82
ContractIBTA270115C00005000
SideCall
Expiry15 Jan 2027
Strike5.00
Volume-
OI2
IV1.83
ContractIBTA270319P00020000
SidePut
Expiry19 Mar 2027
Strike20.00
Volume-
OI1
IV0.71
ContractIBTA261218P00035000
SidePut
Expiry18 Dec 2026
Strike35.00
Volume-
OI1
IV0.00