Ticker Options Intelligence

CRSP options intelligence

Crispr Therapeutics AG options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 34 Market data through 31 Jul 2026 Checked 1 Aug 2026 01:53 · complete available chain

Call-side pressure

Bullish pressure

CRSP currently carries bullish options pressure with a 34/100 conviction score. The nearest-chain expected move is 1.7%, with volume/open-interest participation at 0.04.

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

Call-side pressure

Expected move 1.7%

Near-term move context

Activity / OI 0.04

Current volume is quieter versus prior open interest

Put-call 0.69

Call-side skew

Trend fit 44

Options are not fully confirming trend

Weekly backdrop +3.1%

RS -20.1

Expected move 1.7%
Put-call volume 0.69
Volume / OI 0.04
Reference IV 0.46
Max pain 47.00
Underlying 46.54
Nearest expiry 31 Jul 2026
Contracts 734

Research Brief

CRSP has a bullish chain read with 34/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 45.76–47.32; The largest call open-interest concentration is 48.00; the largest put concentration is 45.00. The most active strike by current volume is 48.00.

Priced range45.76–47.32
Call concentration48.00
Put concentration45.00
Max pain reference47.00
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.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 31 Jul

Options imply 45.76 to 47.32. Max pain at 47.00 sits inside that range, 1.0% above spot.

Spot Max pain
45.7646.54 ± 0.7847.32
Confirmation level

A close beyond 47.32 or below 45.76 at the 31 Jul 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 34/100

Evidence alignment, not probability

Pressure is 23/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure23 × 42%
+9.9

How strongly activity leans toward calls or puts.

Participation41 × 22%
+9.0

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

Trend agreement44 × 26%
+11.4

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

Volatility39 × 10%
+3.9

The intensity of implied volatility and the priced move.

Reconstructed score34.1Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 48.00; the largest put concentration is 45.00. The most active strike by current volume is 48.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
209
40.00-14.1%
10
68
42.00-9.8%
46
177
44.00-5.5%
4
645
45.00-3.3%
6
164
46.00-1.2%
9
86
47.001.0%
66
41
48.003.1%
242
28
49.005.3%
213
86
50.007.4%
221
5
51.009.6%
142
9
52.0011.7%
104
4
53.0013.9%
66
0
55.0018.2%
211
0
56.0020.3%
128
0
60.0028.9%
113
0
70.0050.4%
155
0
75.0061.2%
106
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Back-loaded volatility

0.71× front/back

Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.

0.46 31 Jul 0d
0.59 7 Aug 7d
0.65 14 Aug 14d
0.63 21 Aug 21d
0.66 28 Aug 28d
0.68 4 Sep 35d
0.65 11 Sep 42d
0.62 18 Sep 49d

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.

38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
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 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
734 / 734
  • 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

74/100
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: $437023 of estimated gross traded notional, puts · 0-7 days · itm, 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+23
1W price+3.1%
Call premium43%
Put premium57%
Notional split C 43% / P 57% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.04 Volume divided by open interest across the visible chain.
Trend fit 44/100 Agreement between options pressure and Sharemaestro market context.
Event window 3 Aug Matched earnings event is 2 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 Puts · 0-7 days · ITM
Puts · 0-7 days · ITM puts cluster with 161 contracts traded, $147486 estimated gross traded notional, and 34% of visible notional.
$147486
Puts · 46-90 days · OTM puts cluster with 298 contracts traded, $51220 estimated gross traded notional, and 12% of visible notional.
$51220
Calls · 0-7 days · OTM calls cluster with 766 contracts traded, $50387 estimated gross traded notional, and 12% of visible notional.
$50387
Calls · 8-21 days · OTM calls cluster with 363 contracts traded, $47651 estimated gross traded notional, and 11% of visible notional.
$47651
Calls · 91+ days · OTM calls cluster with 105 contracts traded, $33135 estimated gross traded notional, and 8% of visible notional.
$33135

Setup Classification

Opportunity and risk frame

Context, not advice
Warning Event-risk setup

Expected move or upcoming earnings makes the setup more event-sensitive.

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
Close47.99
1W+3.1%
RS-20.1
Fair value-9.3%
Options pressure23
Speculation41
Volatility39
Trend fit44

Today Versus Normal

Stored-options context

View history
Expected move 1.7% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.46 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.69 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.04 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 10:39 Bullish
Pressure 32
Move 5.5%
30 Jul 10:35 Bullish
Pressure 50
Move 5.1%
30 Jul 15:12 Mixed
Pressure 9
Move 5.1%
31 Jul 03:44 Bullish
Pressure 21
Move 5.6%
31 Jul 09:51 Bullish
Pressure 42
Move 5.6%
1 Aug 00:53 Bullish
Pressure 23
Move 1.7%

Strike Map

Where activity is clustering

Full strike map
Strike30.00
Calls · V 0 · OI 0
Puts · V 0 · OI 3
Strike35.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike37.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike38.00
Calls · V 6 · OI 4
Puts · V 0 · OI 16
Strike39.00
Calls · V 6 · OI 9
Puts · V 0 · OI 16
Strike40.00
Calls · V 1 · OI 10
Puts · V 0 · OI 209
Strike41.00
Calls · V 1 · OI 40
Puts · V 0 · OI 11
Strike42.00
Calls · V 0 · OI 46
Puts · V 0 · OI 68

Term Structure

Expiration activity

Volume and IV
Expiry31 Jul 2026
Contracts78
Avg IV0.46
Put-call0.52
Expiry7 Aug 2026
Contracts78
Avg IV0.59
Put-call0.53
Expiry14 Aug 2026
Contracts78
Avg IV0.65
Put-call0.10
Expiry21 Aug 2026
Contracts78
Avg IV0.63
Put-call0.93
Expiry28 Aug 2026
Contracts78
Avg IV0.66
Put-call0.38

Skew

Call/put IV balance

OTM demand
31 Jul 2026Put IV premium
Call IV0.23
Put IV0.41
Skew0.19
7 Aug 2026Balanced skew
Call IV0.75
Put IV0.78
Skew0.03
14 Aug 2026Call IV premium
Call IV0.84
Put IV0.71
Skew-0.14
21 Aug 2026Balanced skew
Call IV0.69
Put IV0.69
Skew-
28 Aug 2026Balanced skew
Call IV0.83
Put IV0.81
Skew-0.03

Contract Tape

Most active contracts

Full contract tape
ContractCRSP260807C00050000
SideCall
Expiry7 Aug 2026
Strike50.00
Volume216
OI253
IV0.79
ContractCRSP260731C00048000
SideCall
Expiry31 Jul 2026
Strike48.00
Volume196
OI242
IV0.36
ContractCRSP260814C00050000
SideCall
Expiry14 Aug 2026
Strike50.00
Volume139
OI59
IV0.66
ContractCRSP260918P00035000
SidePut
Expiry18 Sep 2026
Strike35.00
Volume111
OI196
IV0.70
ContractCRSP260821P00040000
SidePut
Expiry21 Aug 2026
Strike40.00
Volume110
OI370
IV0.69
ContractCRSP260821C00055000
SideCall
Expiry21 Aug 2026
Strike55.00
Volume81
OI419
IV0.69
ContractCRSP260918P00045000
SidePut
Expiry18 Sep 2026
Strike45.00
Volume81
OI317
IV0.58
ContractCRSP260731C00049000
SideCall
Expiry31 Jul 2026
Strike49.00
Volume72
OI213
IV0.23