Ticker Options Intelligence

KRMN options intelligence

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

Conviction 50 Market data through 31 Jul 2026 Checked 2 Aug 2026 12:12 · complete available chain

Volatility expansion watch

Volatility pressure

KRMN currently carries volatility options pressure with a 50/100 conviction score. The nearest-chain expected move is 17.5%, with volume/open-interest participation at 0.00.

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

Volatility expansion watch

Expected move 17.5%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call 0.03

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop +1.5%

RS -38.1

Expected move 17.5%
Put-call volume 0.03
Volume / OI 0.00
Reference IV 0.92
Max pain 45.00
Underlying 48.15
Nearest expiry 21 Aug 2026
Contracts 276

Research Brief

KRMN has a volatility chain read with 50/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 39.72–56.58; The largest call open-interest concentration is 60.00; the largest put concentration is 45.00. The most active strike by current volume is 60.00.

Priced range39.72–56.58
Call concentration60.00
Put concentration45.00
Max pain reference45.00
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.
  • 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 39.72 to 56.58. Max pain at 45.00 sits inside that range, 6.5% below spot.

Spot Max pain
39.7248.15 ± 8.4356.58
Confirmation level

A close beyond 56.58 or below 39.72 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 50/100

Evidence alignment, not probability

Pressure is 93/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure93 × 42%
+39.1

How strongly activity leans toward calls or puts.

Participation4 × 22%
+0.9

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.

Volatility96 × 10%
+9.6

The intensity of implied volatility and the priced move.

Reconstructed score49.7Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 60.00; the largest put concentration is 45.00. The most active strike by current volume is 60.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
25.00-48.1%
0
1
30.00-37.7%
0
85
35.00-27.3%
0
86
40.00-16.9%
14
543
45.00-6.5%
476
57
50.003.8%
610
23
55.0014.2%
616
31
60.0024.6%
1281
2
65.0035.0%
128
5
70.0045.4%
15
0
75.0055.8%
110
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.21× front/back

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

0.92 21 Aug 21d
0.84 18 Sep 49d
0.78 18 Dec 140d
0.75 19 Mar 231d
0.78 17 Jun 321d
0.76 21 Jan 539d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.

40
45
50
55
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

A100/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
276 / 276
  • 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

92/100
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: $12122 of estimated gross traded notional, calls · 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+93
1W price+1.5%
Call premium99%
Put premium1%
Notional split C 99% / P 1% 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 0/100 Agreement between options pressure and Sharemaestro market context.
Event window 6 Aug Matched earnings event is 3 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 · 91+ days · ITM
Calls · 91+ days · ITM calls cluster with 3 contracts traded, $5845 estimated gross traded notional, and 48% of visible notional.
$5845
Calls · 91+ days · OTM calls cluster with 7 contracts traded, $5132 estimated gross traded notional, and 42% of visible notional.
$5132
Calls · 8-21 days · OTM calls cluster with 20 contracts traded, $1060 estimated gross traded notional, and 9% of visible notional.
$1060
Puts · 91+ days · OTM puts cluster with 1 contracts traded, $85 estimated gross traded notional, and 1% of visible notional.
$85

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.

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

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
Close48.15
1W+1.5%
RS-38.1
Fair value-21.1%
Options pressure93
Speculation4
Volatility96
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 17.5% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.92 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.03 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.00 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 10:30 Volatility
Pressure 81
Move 21.0%
30 Jul 10:25 Bullish
Pressure 56
Move 18.3%
31 Jul 10:20 Volatility
Pressure 87
Move 17.8%
2 Aug 11:12 Volatility
Pressure 93
Move 17.5%

Strike Map

Where activity is clustering

Full strike map
Strike25.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike30.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike35.00
Calls · V 0 · OI 0
Puts · V 0 · OI 85
Strike40.00
Calls · V 0 · OI 14
Puts · V 0 · OI 86
Strike45.00
Calls · V 0 · OI 476
Puts · V 0 · OI 543
Strike50.00
Calls · V 0 · OI 610
Puts · V 0 · OI 57
Strike55.00
Calls · V 0 · OI 616
Puts · V 0 · OI 23
Strike60.00
Calls · V 12 · OI 1281
Puts · V 0 · OI 31

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts22
Avg IV0.92
Put-call-
Expiry18 Sep 2026
Contracts62
Avg IV0.84
Put-call-
Expiry18 Dec 2026
Contracts54
Avg IV0.78
Put-call0.20
Expiry19 Mar 2027
Contracts46
Avg IV0.75
Put-call-
Expiry17 Jun 2027
Contracts46
Avg IV0.78
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.83
Put IV1.01
Skew0.18
18 Sep 2026Put IV premium
Call IV0.78
Put IV0.91
Skew0.14
18 Dec 2026Balanced skew
Call IV0.75
Put IV0.75
Skew-
19 Mar 2027Balanced skew
Call IV0.72
Put IV0.76
Skew0.04
17 Jun 2027Balanced skew
Call IV0.74
Put IV0.78
Skew0.04

Contract Tape

Most active contracts

Full contract tape
ContractKRMN260821C00060000
SideCall
Expiry21 Aug 2026
Strike60.00
Volume12
OI1281
IV0.83
ContractKRMN260821C00070000
SideCall
Expiry21 Aug 2026
Strike70.00
Volume8
OI15
IV0.58
ContractKRMN270319C00050000
SideCall
Expiry19 Mar 2027
Strike50.00
Volume3
OI412
IV0.76
ContractKRMN261218C00070000
SideCall
Expiry18 Dec 2026
Strike70.00
Volume3
OI56
IV0.74
ContractKRMN280121C00045000
SideCall
Expiry21 Jan 2028
Strike45.00
Volume2
OI50
IV0.77
ContractKRMN261218C00050000
SideCall
Expiry18 Dec 2026
Strike50.00
Volume1
OI110
IV0.76
ContractKRMN261218P00025000
SidePut
Expiry18 Dec 2026
Strike25.00
Volume1
OI48
IV0.84
ContractKRMN261218C00030000
SideCall
Expiry18 Dec 2026
Strike30.00
Volume1
OI16
IV0.81