Ticker Options Intelligence

FPS options intelligence

Name: Sharemaestro FPS Options Intent Radar
Creator: Sharemaestro
License: https://sharemaestro.com/data-license/

Forgent Power Solutions, Inc. options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 51 Market data through 11 Aug 2026 Checked 12 Aug 2026 12:01 · complete available chain

Volatility expansion watch

Volatility pressure

FPS currently carries volatility options pressure with a 51/100 conviction score. The nearest-chain expected move is 10.1%, with volume/open-interest participation at 0.08.

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

Primary read Volatility

Volatility expansion watch

Expected move 10.1%

Wider near-term move priced

Activity / OI 0.08

Current volume is quieter versus prior open interest

Put-call 0.50

Call-side skew

Trend fit 59

Options are not fully confirming trend

Weekly backdrop +16.4%

Sharemaestro weekly context

Expected move 10.1%

Put-call volume 0.50

Volume / OI 0.08

Reference IV 0.83

Max pain 35.00

Underlying 38.71

Nearest expiry 21 Aug 2026

Contracts 264

Research Brief

FPS has a volatility chain read with 51/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 34.78–42.64; The largest call open-interest concentration is 35.00; the largest put concentration is 35.00. The most active strike by current volume is 45.00.

Priced range34.78–42.64

Call concentration35.00

Put concentration35.00

Max pain reference35.00

What would confirm it

A clear directional pressure reading develops and price begins to agree.

What would weaken it

Volatility falls and the chain remains directionally mixed.
Options and the weekly trend are not yet giving the same message.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 34.78 to 42.64. Max pain at 35.00 sits inside that range, 9.6% below spot.

Spot Max pain

34.7838.71 ± 3.9342.64

Confirmation level

A close beyond 42.64 or below 34.78 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 51/100

Evidence alignment, not probability

Pressure is 41/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure41 × 42%

+17.1

How strongly activity leans toward calls or puts.

Participation42 × 22%

+9.2

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

Trend agreement59 × 26%

+15.4

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

Full strike map

The largest call open-interest concentration is 35.00; the largest put concentration is 35.00. The most active strike by current volume is 45.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest

22.50-41.9%

283

25.00-35.4%

845

27.50-29.0%

349

1933

30.00-22.5%

543

157

32.50-16.0%

278

3296

35.00-9.6%

2995

315

37.50-3.1%

1711

2134

40.003.3%

2992

42.509.8%

2353

479

45.0016.2%

1114

47.5022.7%

157

303

50.0029.2%

2683

288

55.0042.1%

1031

60.0055.0%

1694

65.0067.9%

143

70.0080.8%

975

75.0093.7%

1096

Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Positive gamma proxy

Reported Greeks · 98% coverage

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+$903,577Delta change / 1% move

Positive peak42.50+$201,318

Negative peak35.00-$17,153

Nearest balance35.24Interpolated sign change

StrikeNegativePositiveNet / 1% move

15.00-61.3%

+$131

17.50-54.8%

+$923

20.00-48.3%

+$12,552

22.50-41.9%

+$39

25.00-35.4%

+$11,535

27.50-29.0%

-$877

30.00-22.5%

+$41,235

32.50-16.0%

+$7,378

35.00-9.6%

-$17,153

37.50-3.1%

+$161,073

40.003.3%

+$155,016

42.509.8%

+$201,318

45.0016.2%

+$80,371

47.5022.7%

+$7,606

50.0029.2%

+$107,164

55.0042.1%

+$16,700

60.0055.0%

+$47,617

65.0067.9%

+$11,354

70.0080.8%

+$32,526

75.0093.7%

+$7,967

80.00106.7%

+$7,093

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

1.00× front/back

Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.

0.83 21 Aug 10d

0.86 18 Sep 38d

0.86 20 Nov 101d

0.85 15 Jan 157d

0.82 19 Feb 192d

0.83 21 Jan 528d

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.

Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 matured · 0 directional

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

C69/100

Retained chain100%

Implied volatility100%

Two-sided quotes100%

Open interest100%

Chain status: Complete available chain
Market date: 11 Aug 2026
Calculation: v2.0
Contracts: 264 / 264

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

89/100

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: $839,704 of estimated gross traded notional, calls · 22-45 days · otm, 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+41

1W price+16.4%

Call premium56%

Put premium44%

Notional split C 56% / P 44% 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 59/100 Agreement between options pressure and Sharemaestro market context.

Event window 2 Sep Matched earnings event is 20 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 Calls · 22-45 days · OTM

Calls · 22-45 days · OTM calls cluster with 1799 contracts traded, $338,745 estimated gross traded notional, and 40% of visible notional.

$338,745

Puts · 22-45 days · OTM puts cluster with 1136 contracts traded, $205,692 estimated gross traded notional, and 24% of visible notional.

$205,692

Puts · 91+ days · ITM puts cluster with 57 contracts traded, $64,620 estimated gross traded notional, and 8% of visible notional.

$64,620

Calls · 91+ days · OTM calls cluster with 88 contracts traded, $60,942 estimated gross traded notional, and 7% of visible notional.

$60,942

Puts · 8-21 days · ITM puts cluster with 67 contracts traded, $48,485 estimated gross traded notional, and 6% of visible notional.

$48,485

Setup Classification

Opportunity and risk frame

Context, not advice

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

Normal range

Activity is broadly in line with recent stored snapshots.

Baseline: 10 completed sessions

Volume rank40th

Volume/OI rank40th

IV rank0th

Market Context

Underlying confirmation

Sharemaestro weekly

Close38.71

1W+16.4%

RS-

Fair value-4.6%

Options pressure41

Speculation42

Volatility96

Trend fit59

Today Versus Normal

Stored-options context

View history

Expected move 10.1% muted

30d avg 19.2% · 10 sessions 0th

90d avg - · 10/30 sessions -

180d avg - · 10/60 sessions -

IV 0.83 muted

30d avg 0.97 · 10 sessions 0th

90d avg - · 10/30 sessions -

180d avg - · 10/60 sessions -

Put-call 0.50 near normal

30d avg 1.06 · 10 sessions 60th

90d avg - · 10/30 sessions -

180d avg - · 10/60 sessions -

Volume/OI 0.08 near normal

30d avg 0.13 · 10 sessions 40th

90d avg - · 10/30 sessions -

180d avg - · 10/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail

29 Jul 10:22 Volatility

Pressure 55

Move 20.2%

30 Jul 10:19 Volatility

Pressure 77

Move 21.0%

31 Jul 12:16 Volatility

Pressure 63

Move 19.3%

2 Aug 08:15 Volatility

Pressure 77

Move 18.6%

2 Aug 08:35 Volatility

Pressure 45

Move 18.6%

4 Aug 10:04 Volatility

Pressure 66

Move 17.9%

5 Aug 10:12 Volatility

Pressure 57

Move 26.8%

6 Aug 10:12 Volatility

Pressure 1

Move 23.4%

Strike Map

Where activity is clustering

Full strike map

Strike15.00

Calls · V 0 · OI 0

Puts · V 0 · OI 8

Strike17.50

Calls · V 0 · OI 12

Puts · V 0 · OI 74

Strike20.00

Calls · V 0 · OI 26

Puts · V 0 · OI 33

Strike22.50

Calls · V 0 · OI 32

Puts · V 0 · OI 68

Strike25.00

Calls · V 0 · OI 44

Puts · V 0 · OI 283

Strike27.50

Calls · V 0 · OI 349

Puts · V 2 · OI 845

Strike30.00

Calls · V 0 · OI 543

Puts · V 5 · OI 1933

Strike32.50

Calls · V 0 · OI 278

Puts · V 26 · OI 157

Term Structure

Expiration activity

Volume and IV

Expiry21 Aug 2026

Contracts48

Avg IV0.83

Put-call0.28

Expiry18 Sep 2026

Contracts34

Avg IV0.86

Put-call0.63

Expiry20 Nov 2026

Contracts48

Avg IV0.86

Put-call4.81

Expiry15 Jan 2027

Contracts48

Avg IV0.85

Put-call0.51

Expiry19 Feb 2027

Contracts48

Avg IV0.82

Put-call-

Skew

Call/put IV balance

OTM demand

21 Aug 2026Balanced skew

Call IV0.87

Put IV0.86

Skew-0.01

18 Sep 2026Balanced skew

Call IV0.86

Put IV0.87

Skew0.01

20 Nov 2026Call IV premium

Call IV0.93

Put IV0.85

Skew-0.08

15 Jan 2027Balanced skew

Call IV0.83

Put IV0.85

Skew0.02

19 Feb 2027Balanced skew

Call IV0.81

Put IV0.79

Skew-0.02

Contract Tape

Most active contracts

Full contract tape

ContractFPS260821C00045000

SideCall

Expiry21 Aug 2026

Strike45.00

Volume1362

OI1114

IV0.85

ContractFPS260918C00050000

SideCall

Expiry18 Sep 2026

Strike50.00

Volume1125

OI186

IV0.88

ContractFPS260918P00032500

SidePut

Expiry18 Sep 2026

Strike32.50

Volume1121

OI47

IV0.87

ContractFPS260918C00040000

SideCall

Expiry18 Sep 2026

Strike40.00

Volume565

OI1275

IV0.89

ContractFPS260821P00035000

SidePut

Expiry21 Aug 2026

Strike35.00

Volume307

OI3296

IV0.86

ContractFPS260918C00045000

SideCall

Expiry18 Sep 2026

Strike45.00

Volume64

OI297

IV0.88

ContractFPS260821P00045000

SidePut

Expiry21 Aug 2026

Strike45.00

Volume56

OI479

IV0.01

ContractFPS261120P00045000

SidePut

Expiry20 Nov 2026

Strike45.00

Volume50

OI282

IV0.81

FPS options intelligence

Volatility pressure

FPS has a volatility chain read with 51/100 evidence alignment.

Where the chain says movement becomes exceptional

Why conviction is 51/100

Where open interest and current activity concentrate

Positive gamma proxy

Balanced volatility curve

Upside optionality premium

How matured reads behaved through expiry

Usable with limits

Earnings/event positioning

Opportunity and risk frame

Normal range

Underlying confirmation

Stored-options context

Recent pressure and volatility

Where activity is clustering

Expiration activity

Call/put IV balance

Most active contracts

Send a message

Evidence context

FPS options intelligence

Volatility pressure

FPS has a volatility chain read with 51/100 evidence alignment.

Where the chain says movement becomes exceptional

Why conviction is 51/100

Where open interest and current activity concentrate

Positive gamma proxy

Balanced volatility curve

Upside optionality premium

How matured reads behaved through expiry

Usable with limits

Earnings/event positioning

Opportunity and risk frame

Normal range

Underlying confirmation

Stored-options context

Recent pressure and volatility

Where activity is clustering

Expiration activity

Call/put IV balance

Most active contracts

Related research and context

Sharemaestro research

Related News

Market Watch

Earnings