Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
TOI options intelligence
Oncology Institute Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
37
Market data through 4 Aug 2026
Checked 5 Aug 2026 01:58 · complete available chain
Options-market disagreement
Mixed pressure
TOI currently carries mixed options pressure with a 37/100 conviction score. The nearest-chain expected move is 54.7%, with volume/open-interest participation at 0.00.
Expected move
54.7%
Wider near-term move priced
Activity / OI
0.00
Current volume is quieter versus prior open interest
Put-call
-
Balanced tape
Trend fit
88
Options agree with trend context
Weekly backdrop
-2.4%
RS 18.2
Expected move
54.7%
Put-call volume
-
Volume / OI
-
Reference IV
2.53
Max pain
3.00
Underlying
4.86
Nearest expiry
21 Aug 2026
Contracts
82
Research Brief
TOI has a mixed chain read with 37/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 2.20–7.52; No strike-level positioning is available.
Priced range2.20–7.52
Call concentration-
Put concentration-
Max pain reference3.00
- 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.
Priced Move
Where the chain says movement becomes exceptional
Options imply 2.20 to 7.52. Max pain at 3.00 sits inside that range, 38.3% below spot.
Spot
Max pain
2.204.86 ± 2.667.52
Confirmation level
A close beyond 7.52 or below 2.20 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 37/100
Pressure is 11/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure11 × 42%
+4.6
How strongly activity leans toward calls or puts.
Participation0 × 22%
+0.0
Volume relative to existing open interest and contract-level activity.
Trend agreement88 × 26%
+22.8
How closely the chain read agrees with the underlying trend backdrop.
Volatility96 × 10%
+9.6
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
No strike-level positioning is available.
No strike-level positioning is available.
Gamma Profile by Strike
Gamma profile unavailable
The retained chain has no contracts with both open interest and usable gamma or implied volatility.
Gamma exposure will appear when the retained chain has usable open interest plus reported gamma or implied volatility.
Volatility Curve
Insufficient term structure
At least two expirations with usable near-the-money implied volatility are required.
Volatility by Strike
Smile incomplete
There is not enough comparable OTM call and put volatility to classify the smile.
Comparable strike volatility is unavailable.
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
1 matured expiry is waiting for a matched weekly closing reference.
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
Limited
Retained chain100%
Implied volatility0%
Two-sided quotes0%
Open interest0%
- Chain status
- Complete available chain
- Market date
- 4 Aug 2026
- Calculation
- v2.0
- Contracts
- 82 / 82
- Implied volatility is available for 0% of retained contracts.
- Two-sided bid/ask quotes are available for 0% of retained contracts.
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
Likely noise
Visible options activity is too thin or mixed to support a strong intent classification.
The options read is mixed, so divergence is not strong enough to classify.
Likely noise matters because it connects the options headline to the actual evidence: $0 of estimated gross traded notional, no dominant cluster, 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+11
1W price-2.4%
Call premium0%
Put premium0%
Notional split
C 0% / P 0%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.00
Volume divided by open interest across the visible chain.
Trend fit
88/100
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.
No high-conviction option cluster is visible in this snapshot.
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
5 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 5 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close4.86
1W-2.4%
RS18.2
Fair value+127.3%
Options pressure11
Speculation0
Volatility96
Trend fit88
Today Versus Normal
Stored-options context
30d avg - · 5/10 sessions
-
90d avg - · 5/30 sessions
-
180d avg - · 5/60 sessions
-
30d avg - · 5/10 sessions
-
90d avg - · 5/30 sessions
-
180d avg - · 5/60 sessions
-
30d avg - · 5/10 sessions
-
90d avg - · 5/30 sessions
-
180d avg - · 5/60 sessions
-
30d avg - · 5/10 sessions
-
90d avg - · 5/30 sessions
-
180d avg - · 5/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 11:26
Mixed
Pressure 12
Move 15.1%
30 Jul 11:12
Bearish
Pressure -21
Move 17.6%
31 Jul 10:45
Volatility
Pressure 100
Move 17.6%
31 Jul 15:36
Bullish
Pressure 31
Move 18.1%
3 Aug 03:03
Volatility
Pressure 90
Move 17.5%
3 Aug 16:56
Bullish
Pressure 27
Move 18.0%
5 Aug 00:58
Mixed
Pressure 11
Move 54.7%
Strike Map
Where activity is clustering
No strike map available for this snapshot.
Term Structure
Expiration activity
No expiration activity available.
Skew
Call/put IV balance
Skew context is warming up for this ticker.
Contract Tape
Most active contracts
No active contracts available.
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.