Ticker Options Intelligence

AORT options intelligence

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

Conviction 34 Market data through 30 Jul 2026 Checked 30 Jul 2026 18:21 · complete available chain

Call-side pressure

Bullish pressure

AORT currently carries bullish options pressure with a 34/100 conviction score. The nearest-chain expected move is 21.9%, with volume/open-interest participation at 0.14.

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

Call-side pressure

Expected move 21.9%

Wider near-term move priced

Activity / OI 0.14

Current volume is quieter versus prior open interest

Put-call 0.52

Call-side skew

Trend fit 20

Options are not fully confirming trend

Weekly backdrop +6.1%

RS -33.8

Expected move 21.9%
Put-call volume 0.52
Volume / OI 0.14
Reference IV 1.59
Max pain 22.50
Underlying 25.28
Nearest expiry 21 Aug 2026
Contracts 37

Research Brief

AORT 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 19.75–30.81; The largest call open-interest concentration is 22.50; the largest put concentration is 20.00. The most active strike by current volume is 22.50.

Priced range19.75–30.81
Call concentration22.50
Put concentration20.00
Max pain reference22.50
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 21 Aug

Options imply 19.75 to 30.81. Max pain at 22.50 sits inside that range, 11.0% below spot.

Spot Max pain
19.7525.28 ± 5.5330.81
Confirmation level

A close beyond 30.81 or below 19.75 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 34/100

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.

Participation11 × 22%
+2.5

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

Trend agreement20 × 26%
+5.2

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 score34.4Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 22.50; the largest put concentration is 20.00. The most active strike by current volume is 22.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
2
17.50-30.8%
0
7
20.00-20.9%
0
4
22.50-11.0%
14
1
25.00-1.1%
2
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

2.90× front/back

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

1.59 21 Aug 22d
1.06 18 Sep 50d
0.56 16 Oct 78d
0.55 15 Jan 169d

Volatility by Strike

Smile incomplete

Nearest expiry, within 20% of spot

There is not enough comparable OTM call and put volatility to classify the smile.

23
25
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

Usable with limits

C69/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
30 Jul 2026
Calculation
v2.0
Contracts
37 / 37
  • 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

81/100
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: $21495 of estimated gross traded notional, calls · 91+ 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+41
1W price+6.1%
Call premium76%
Put premium24%
Notional split C 76% / P 24% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.14 Volume divided by open interest across the visible chain.
Trend fit 20/100 Agreement between options pressure and Sharemaestro market context.
Event window 6 Aug Matched earnings event is 4 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 7 contracts traded, $6560 estimated gross traded notional, and 31% of visible notional.
$6560
Calls · 22-45 days · ITM calls cluster with 11 contracts traded, $6050 estimated gross traded notional, and 28% of visible notional.
$6050
Puts · 46-90 days · ITM puts cluster with 2 contracts traded, $2110 estimated gross traded notional, and 10% of visible notional.
$2110
Calls · 46-90 days · OTM calls cluster with 9 contracts traded, $1202 estimated gross traded notional, and 6% of visible notional.
$1202
Puts · 91+ days · ITM puts cluster with 2 contracts traded, $1180 estimated gross traded notional, and 5% of visible notional.
$1180

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

-

2 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.

Baseline: 2 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close26.83
1W+6.1%
RS-33.8
Fair value-3.8%
Options pressure41
Speculation11
Volatility96
Trend fit20

Today Versus Normal

Stored-options context

View history
Expected move 21.9% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 1.59 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 0.52 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.14 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:12 Volatility
Pressure 100
Move 23.4%
29 Jul 18:55 Volatility
Pressure 85
Move 21.7%
30 Jul 17:21 Bullish
Pressure 41
Move 21.9%

Strike Map

Where activity is clustering

Full strike map
Strike17.50
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike20.00
Calls · V 0 · OI 0
Puts · V 0 · OI 7
Strike22.50
Calls · V 11 · OI 14
Puts · V 1 · OI 4
Strike25.00
Calls · V 1 · OI 2
Puts · V 0 · OI 1

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts6
Avg IV1.59
Put-call0.08
Expiry18 Sep 2026
Contracts2
Avg IV1.06
Put-call1.00
Expiry16 Oct 2026
Contracts16
Avg IV0.56
Put-call0.55
Expiry15 Jan 2027
Contracts13
Avg IV0.55
Put-call1.00

Skew

Call/put IV balance

OTM demand
21 Aug 2026Incomplete skew
Call IV-
Put IV1.01
Skew-
18 Sep 2026Incomplete skew
Call IV-
Put IV1.55
Skew-
16 Oct 2026Put IV premium
Call IV0.67
Put IV0.84
Skew0.17
15 Jan 2027Balanced skew
Call IV0.54
Put IV0.51
Skew-0.03

Contract Tape

Most active contracts

Full contract tape
ContractAORT260821P00020000
SidePut
Expiry21 Aug 2026
Strike20.00
Volume-
OI7
IV2.30
ContractAORT260821P00017500
SidePut
Expiry21 Aug 2026
Strike17.50
Volume-
OI2
IV2.84
ContractAORT261016P00015000
SidePut
Expiry16 Oct 2026
Strike15.00
Volume-
OI2
IV1.58
ContractAORT260821P00025000
SidePut
Expiry21 Aug 2026
Strike25.00
Volume-
OI1
IV1.01
ContractAORT270115C00012500
SideCall
Expiry15 Jan 2027
Strike12.50
Volume-
OI1
IV0.79
ContractAORT261016C00017500
SideCall
Expiry16 Oct 2026
Strike17.50
Volume-
OI1
IV0.00
ContractAORT261016P00055000
SidePut
Expiry16 Oct 2026
Strike55.00
Volume-
OI-
IV2.52
ContractAORT261016C00022500
SideCall
Expiry16 Oct 2026
Strike22.50
Volume-
OI-
IV0.00