Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
IR options intelligence
Ingersoll Rand Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
55
Market data through 12 Aug 2026
Checked 13 Aug 2026 08:23 · complete available chain
Call-side pressure
Bullish pressure
IR currently carries bullish options pressure with a 55/100 conviction score. The nearest-chain expected move is 3.8%, with volume/open-interest participation at 0.08.
Expected move
3.8%
Near-term move context
Activity / OI
0.08
Current volume is quieter versus prior open interest
Put-call
0.00
Call-side skew
Trend fit
0
Options are not fully confirming trend
Weekly backdrop
+4.3%
RS -5.0
Expected move
3.8%
Put-call volume
0.00
Volume / OI
0.08
Reference IV
0.34
Max pain
85.00
Underlying
86.97
Nearest expiry
21 Aug 2026
Contracts
244
Research Brief
IR has a bullish chain read with 55/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 83.65–90.29; The largest call open-interest concentration is 85.00; the largest put concentration is 55.00. The most active strike by current volume is 85.00.
Priced range83.65–90.29
Call concentration85.00
Put concentration55.00
Max pain reference85.00
- Price holds or improves while call-side concentration remains elevated.
- Participation is above the ticker's stored normal, which makes the read more noteworthy.
- Price weakens while call pressure fades or reverses toward puts.
- Options and the weekly trend are not yet giving the same message.
Priced Move
Where the chain says movement becomes exceptional
Options imply 83.65 to 90.29. Max pain at 85.00 sits inside that range, 2.3% below spot.
Spot
Max pain
83.6586.97 ± 3.3290.29
Confirmation level
A close beyond 90.29 or below 83.65 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 55/100
Pressure is 100/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure100 × 42%
+42.0
How strongly activity leans toward calls or puts.
Participation42 × 22%
+9.2
Volume relative to existing open interest and contract-level activity.
Trend agreement0 × 26%
+0.0
How closely the chain read agrees with the underlying trend backdrop.
Volatility39 × 10%
+3.9
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 85.00; the largest put concentration is 55.00. The most active strike by current volume is 85.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
40
40.00-54.0%
10
0
45.00-48.3%
0
0
50.00-42.5%
0
250
55.00-36.8%
0
0
60.00-31.0%
0
109
65.00-25.3%
0
20
70.00-19.5%
5
206
75.00-13.8%
17
67
80.00-8.0%
35
158
85.00-2.3%
122
2
90.003.5%
68
0
95.009.2%
92
0
100.0015.0%
31
0
105.0020.7%
1
0
110.0026.5%
0
0
115.0032.2%
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+$2.3MDelta change / 1% move
Positive peak95.00+$1.5M
Negative peak75.00-$232,919
Nearest balance80.72Interpolated sign change
StrikeNegativePositiveNet / 1% move
40.00-54.0%
+$2,738
45.00-48.3%
-$560
50.00-42.5%
+$259
55.00-36.8%
-$1,130
60.00-31.0%
-$7,870
65.00-25.3%
-$41,888
70.00-19.5%
-$1,903
75.00-13.8%
-$232,919
80.00-8.0%
-$74,393
85.00-2.3%
+$445,245
90.003.5%
+$592,784
95.009.2%
+$1.5M
100.0015.0%
+$56,208
105.0020.7%
+$8,920
110.0026.5%
+$71,932
115.0032.2%
+$1,565
120.0038.0%
+$8,690
125.0043.7%
+$264
130.0049.5%
+$120
135.0055.2%
+$931
145.0066.7%
+$156
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
Balanced volatility curve
Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.
0.34
21 Aug
9d
0.32
18 Sep
37d
0.33
18 Dec
128d
0.33
15 Jan
156d
0.34
19 Mar
219d
0.35
17 Jun
309d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
70
75
80
85
90
95
100
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
- 12 Aug 2026
- Calculation
- v2.0
- Contracts
- 244 / 244
- 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
Multi-expiry position-maintenance candidate
Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.
Options pressure and weekly price action are pointing in the same constructive direction.
Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $409,265 of estimated gross traded notional, calls · 91+ days · otm, 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+100
1W price+4.3%
Call premium100%
Put premium0%
Notional split
C 100% / P 0%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.08
Volume divided by open interest across the visible chain.
Trend fit
0/100
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.
Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.
Calls · 91+ days · OTM
calls cluster with 1175 contracts traded, $334,565 estimated gross traded notional, and 82% of visible notional.
$334,565
Calls · 22-45 days · OTM
calls cluster with 1087 contracts traded, $54,552 estimated gross traded notional, and 13% of visible notional.
$54,552
Calls · 91+ days · ITM
calls cluster with 6 contracts traded, $16,350 estimated gross traded notional, and 4% of visible notional.
$16,350
Calls · 22-45 days · ATM
calls cluster with 5 contracts traded, $1,700 estimated gross traded notional, and 0% of visible notional.
$1,700
Puts · 91+ days · OTM
puts cluster with 10 contracts traded, $1,470 estimated gross traded notional, and 0% of visible notional.
$1,470
Setup Classification
Opportunity and risk frame
Options positioning is not confirming the underlying trend context.
Underlying price is close to the max-pain zone.
Activity Anomaly
Above normal
Activity is running above the recent historical baseline.
Baseline: 11 completed sessions
Volume rank100th
Volume/OI rank100th
IV rank36th
Market Context
Underlying confirmation
Close86.97
1W+4.3%
RS-5.0
Fair value+4.0%
Options pressure100
Speculation42
Volatility39
Trend fit0
Today Versus Normal
Stored-options context
30d avg 6.6% · 11 sessions
9th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
30d avg 0.37 · 11 sessions
36th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
30d avg 1.01 · 11 sessions
0th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
30d avg 0.02 · 11 sessions
100th
90d avg - · 11/30 sessions
-
180d avg - · 11/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:14
Bullish
Pressure 86
Move 8.6%
30 Jul 10:11
Bullish
Pressure 66
Move 8.0%
31 Jul 08:01
Bullish
Pressure 32
Move 8.4%
1 Aug 00:15
Mixed
Pressure 15
Move 7.1%
1 Aug 11:08
Bullish
Pressure 19
Move 7.1%
3 Aug 04:43
Bullish
Pressure 19
Move 7.2%
3 Aug 21:25
Bullish
Pressure 24
Move 7.2%
4 Aug 15:39
Mixed
Pressure 12
Move 7.2%
Strike Map
Where activity is clustering
Strike40.00
Calls · V 0 · OI 10
Puts · V 0 · OI 40
Strike45.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike50.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike55.00
Calls · V 0 · OI 0
Puts · V 0 · OI 250
Strike60.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 109
Strike70.00
Calls · V 0 · OI 5
Puts · V 0 · OI 20
Strike75.00
Calls · V 0 · OI 17
Puts · V 0 · OI 206
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts32
Avg IV0.34
Put-call0.33
Expiry18 Sep 2026
Contracts42
Avg IV0.32
Put-call-
Expiry18 Dec 2026
Contracts44
Avg IV0.33
Put-call-
Expiry15 Jan 2027
Contracts48
Avg IV0.33
Put-call-
Expiry19 Mar 2027
Contracts42
Avg IV0.34
Put-call-
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV0.37
Put IV0.43
Skew0.07
18 Sep 2026Balanced skew
Call IV0.27
Put IV0.32
Skew0.05
18 Dec 2026Balanced skew
Call IV0.30
Put IV0.35
Skew0.05
15 Jan 2027Balanced skew
Call IV0.33
Put IV0.34
Skew0.01
19 Mar 2027Put IV premium
Call IV0.31
Put IV0.37
Skew0.06
Contract Tape
Most active contracts
ContractIR270115C00100000
SideCall
Expiry15 Jan 2027
Strike100.00
Volume1087
OI140
IV0.33
ContractIR260918C00100000
SideCall
Expiry18 Sep 2026
Strike100.00
Volume1084
OI1323
IV0.20
ContractIR270115C00095000
SideCall
Expiry15 Jan 2027
Strike95.00
Volume88
OI9277
IV0.33
ContractIR270617P00050000
SidePut
Expiry17 Jun 2027
Strike50.00
Volume6
OI-
IV0.48
ContractIR260918C00085000
SideCall
Expiry18 Sep 2026
Strike85.00
Volume5
OI101
IV0.32
ContractIR260918C00090000
SideCall
Expiry18 Sep 2026
Strike90.00
Volume3
OI336
IV0.27
ContractIR260821C00085000
SideCall
Expiry21 Aug 2026
Strike85.00
Volume3
OI122
IV0.30
ContractIR261218P00055000
SidePut
Expiry18 Dec 2026
Strike55.00
Volume2
OI108
IV0.51
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.