Ticker Options Intelligence

FISV options intelligence

Fiserv, Inc. Common Stock options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 40 Market data through 31 Jul 2026 Checked 1 Aug 2026 21:25 · complete available chain

Call-side pressure

Bullish pressure

FISV currently carries bullish options pressure with a 40/100 conviction score. The nearest-chain expected move is 9.3%, with volume/open-interest participation at 0.03.

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

Call-side pressure

Expected move 9.3%

Wider near-term move priced

Activity / OI 0.03

Current volume is quieter versus prior open interest

Put-call 0.52

Call-side skew

Trend fit 24

Options are not fully confirming trend

Weekly backdrop +5.7%

RS -36.4

Expected move 9.3%
Put-call volume 0.52
Volume / OI 0.03
Reference IV 0.83
Max pain 54.00
Underlying 53.94
Nearest expiry 7 Aug 2026
Contracts 820

Research Brief

FISV has a bullish chain read with 40/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 48.94–58.94; The largest call open-interest concentration is 56.00; the largest put concentration is 48.00. The most active strike by current volume is 45.00.

Priced range48.94–58.94
Call concentration56.00
Put concentration48.00
Max pain reference54.00
What would confirm it
  • Price holds or improves while call-side concentration remains elevated.
What would weaken it
  • Price weakens while call pressure fades or reverses toward puts.
  • 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 7 Aug

Options imply 48.94 to 58.94. Max pain at 54.00 sits inside that range, 0.1% above spot.

Spot Max pain
48.9453.94 ± 5.0058.94
Confirmation level

A close beyond 58.94 or below 48.94 at the 7 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 40/100

Evidence alignment, not probability

Pressure is 37/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure37 × 42%
+15.5

How strongly activity leans toward calls or puts.

Participation41 × 22%
+9.0

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

Trend agreement24 × 26%
+6.3

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

Volatility93 × 10%
+9.3

The intensity of implied volatility and the priced move.

Reconstructed score40.1Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 56.00; the largest put concentration is 48.00. 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
63
42.00-22.1%
0
86
45.00-16.6%
22
236
46.00-14.7%
0
116
47.00-12.9%
11
835
48.00-11.0%
16
510
50.00-7.3%
28
281
51.00-5.5%
200
183
52.00-3.6%
185
378
53.00-1.7%
137
610
54.000.1%
737
82
55.002.0%
1234
21
56.003.8%
1409
215
57.005.7%
905
0
58.007.5%
267
1
59.009.4%
413
1
60.0011.2%
700
1
65.0020.5%
1127
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.71× front/back

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

0.83 7 Aug 7d
0.66 14 Aug 14d
0.58 21 Aug 21d
0.56 28 Aug 28d
0.53 4 Sep 35d
0.50 11 Sep 42d
0.49 18 Sep 49d
0.48 18 Dec 140d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

Comparable upside calls and downside puts carry broadly similar implied volatility.

44
44
45
46
46
47
48
48
49
50
51
52
53
55
56
57
59
60
61
63
64
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 31 Jul 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
820 / 820
  • 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 Bullish flow confirms price

Options pressure and weekly price action are pointing in the same constructive direction.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $1.6M 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+37
1W price+5.7%
Call premium73%
Put premium27%
Notional split C 73% / P 27% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.03 Volume divided by open interest across the visible chain.
Trend fit 24/100 Agreement between options pressure and Sharemaestro market context.
Event window 6 Aug Matched earnings event is 5 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 · OTM
Calls · 91+ days · OTM calls cluster with 1550 contracts traded, $395552 estimated gross traded notional, and 25% of visible notional.
$395552
Calls · 0-7 days · OTM calls cluster with 2199 contracts traded, $220212 estimated gross traded notional, and 14% of visible notional.
$220212
Puts · 0-7 days · ITM puts cluster with 272 contracts traded, $99280 estimated gross traded notional, and 6% of visible notional.
$99280
Calls · 0-7 days · ITM calls cluster with 93 contracts traded, $98185 estimated gross traded notional, and 6% of visible notional.
$98185
Calls · 0-7 days · ATM calls cluster with 398 contracts traded, $92278 estimated gross traded notional, and 6% of visible notional.
$92278

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.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

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
Close53.94
1W+5.7%
RS-36.4
Fair value-60.2%
Options pressure37
Speculation41
Volatility93
Trend fit24

Today Versus Normal

Stored-options context

View history
Expected move 9.3% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.83 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.52 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.03 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 10:14 Bullish
Pressure 64
Move 8.6%
30 Jul 10:10 Bullish
Pressure 44
Move 10.0%
31 Jul 10:04 Bullish
Pressure 53
Move 7.1%
1 Aug 20:25 Bullish
Pressure 37
Move 9.3%

Strike Map

Where activity is clustering

Full strike map
Strike25.00
Calls · V 0 · OI 1
Puts · V 3 · OI 1
Strike30.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike35.00
Calls · V 0 · OI 0
Puts · V 0 · OI 11
Strike38.00
Calls · V 0 · OI 0
Puts · V 0 · OI 10
Strike39.00
Calls · V 0 · OI 0
Puts · V 0 · OI 11
Strike40.00
Calls · V 60 · OI 15
Puts · V 0 · OI 60
Strike41.00
Calls · V 0 · OI 4
Puts · V 0 · OI 30
Strike42.00
Calls · V 0 · OI 0
Puts · V 125 · OI 63

Term Structure

Expiration activity

Volume and IV
Expiry7 Aug 2026
Contracts88
Avg IV0.83
Put-call0.73
Expiry14 Aug 2026
Contracts82
Avg IV0.66
Put-call0.58
Expiry21 Aug 2026
Contracts78
Avg IV0.58
Put-call0.23
Expiry28 Aug 2026
Contracts68
Avg IV0.56
Put-call0.52
Expiry4 Sep 2026
Contracts68
Avg IV0.53
Put-call8.00

Skew

Call/put IV balance

OTM demand
7 Aug 2026Balanced skew
Call IV0.82
Put IV0.82
Skew-
14 Aug 2026Balanced skew
Call IV0.67
Put IV0.66
Skew-0.01
21 Aug 2026Balanced skew
Call IV0.60
Put IV0.64
Skew0.04
28 Aug 2026Balanced skew
Call IV0.55
Put IV0.55
Skew-
4 Sep 2026Balanced skew
Call IV0.49
Put IV0.53
Skew0.04

Contract Tape

Most active contracts

Full contract tape
ContractFISV260807P00045000
SidePut
Expiry7 Aug 2026
Strike45.00
Volume998
OI86
IV0.95
ContractFISV260807C00059000
SideCall
Expiry7 Aug 2026
Strike59.00
Volume792
OI413
IV0.82
ContractFISV280121C00180000
SideCall
Expiry21 Jan 2028
Strike180.00
Volume681
OI378
IV0.31
ContractFISV260807C00057000
SideCall
Expiry7 Aug 2026
Strike57.00
Volume609
OI905
IV0.83
ContractFISV260814C00065000
SideCall
Expiry14 Aug 2026
Strike65.00
Volume407
OI59
IV0.67
ContractFISV260918C00060000
SideCall
Expiry18 Sep 2026
Strike60.00
Volume389
OI2521
IV0.50
ContractFISV260807C00056000
SideCall
Expiry7 Aug 2026
Strike56.00
Volume318
OI1409
IV0.83
ContractFISV280121C00100000
SideCall
Expiry21 Jan 2028
Strike100.00
Volume292
OI2986
IV0.48