Ticker Options Intelligence

ISSC options intelligence

Innovative Solutions and Support options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 30 Market data through 30 Jul 2026 Checked 31 Jul 2026 08:21 · complete available chain

Options-market disagreement

Mixed pressure

ISSC currently carries mixed options pressure with a 30/100 conviction score. The nearest-chain expected move is 21.6%, with volume/open-interest participation at 0.01.

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

Options-market disagreement

Expected move 21.6%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 1.25

Balanced tape

Trend fit 70

Options agree with trend context

Weekly backdrop -4.4%

RS -2.2

Expected move 21.6%
Put-call volume 1.25
Volume / OI 0.01
Reference IV 0.97
Max pain 17.50
Underlying 19.14
Nearest expiry 21 Aug 2026
Contracts 98

Research Brief

ISSC has a mixed chain read with 30/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 15.01–23.27; The largest call open-interest concentration is 20.00; the largest put concentration is 17.50. The most active strike by current volume is 22.50.

Priced range15.01–23.27
Call concentration20.00
Put concentration17.50
Max pain reference17.50
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • 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 15.01 to 23.27. Max pain at 17.50 sits inside that range, 8.6% below spot.

Spot Max pain
15.0119.14 ± 4.1323.27
Confirmation level

A close beyond 23.27 or below 15.01 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 30/100

Evidence alignment, not probability

Pressure is 4/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure4 × 42%
+1.8

How strongly activity leans toward calls or puts.

Participation3 × 22%
+0.6

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

Trend agreement70 × 26%
+18.2

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 score30.2Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 20.00; the largest put concentration is 17.50. 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
0
2.50-86.9%
0
3
5.00-73.9%
0
10
7.50-60.8%
0
1
10.00-47.8%
3
38
12.50-34.7%
0
61
15.00-21.6%
10
90
17.50-8.6%
38
23
20.004.5%
364
13
22.5017.6%
278
3
25.0030.6%
98
0
30.0056.7%
1
0
35.0082.9%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.28× front/back

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

0.97 21 Aug 22d
0.79 18 Sep 50d
0.65 16 Oct 78d
0.76 15 Jan 169d

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.

18
20
23
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
98 / 98
  • 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

88/100
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 No clean flow/price divergence

The options read is mixed, so divergence is not strong enough to classify.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $5592 of estimated gross traded notional, puts · 46-90 days · otm, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-4
1W price-4.4%
Call premium50%
Put premium50%
Notional split C 50% / P 50% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.01 Volume divided by open interest across the visible chain.
Trend fit 70/100 Agreement between options pressure and Sharemaestro market context.
Event window 13 Aug Matched earnings event is 12 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 · 46-90 days · OTM
Puts · 46-90 days · OTM puts cluster with 16 contracts traded, $1720 estimated gross traded notional, and 31% of visible notional.
$1720
Calls · 8-21 days · OTM calls cluster with 21 contracts traded, $1575 estimated gross traded notional, and 28% of visible notional.
$1575
Puts · 8-21 days · OTM puts cluster with 13 contracts traded, $1008 estimated gross traded notional, and 18% of visible notional.
$1008
Calls · 91+ days · ITM calls cluster with 1 contracts traded, $900 estimated gross traded notional, and 16% of visible notional.
$900
Calls · 91+ days · OTM calls cluster with 1 contracts traded, $300 estimated gross traded notional, and 5% of visible notional.
$300

Setup Classification

Opportunity and risk frame

Context, not advice
Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

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

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
Close18.29
1W-4.4%
RS-2.2
Fair value+65.1%
Options pressure-4
Speculation3
Volatility96
Trend fit70

Today Versus Normal

Stored-options context

View history
Expected move 21.6% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 0.97 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 1.25 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.01 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 11:37 Volatility
Pressure -69
Move 19.5%
30 Jul 11:16 Volatility
Pressure -17
Move 20.0%
31 Jul 07:21 Mixed
Pressure -4
Move 21.6%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 3
Strike7.50
Calls · V 0 · OI 0
Puts · V 0 · OI 10
Strike10.00
Calls · V 0 · OI 3
Puts · V 0 · OI 1
Strike12.50
Calls · V 0 · OI 0
Puts · V 0 · OI 38
Strike15.00
Calls · V 0 · OI 10
Puts · V 13 · OI 61
Strike17.50
Calls · V 0 · OI 38
Puts · V 0 · OI 90
Strike20.00
Calls · V 6 · OI 364
Puts · V 0 · OI 23

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts24
Avg IV0.97
Put-call0.62
Expiry18 Sep 2026
Contracts24
Avg IV0.79
Put-call16.00
Expiry16 Oct 2026
Contracts26
Avg IV0.65
Put-call-
Expiry15 Jan 2027
Contracts24
Avg IV0.76
Put-call0.50

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV1.18
Put IV1.11
Skew-0.07
18 Sep 2026Balanced skew
Call IV0.86
Put IV0.89
Skew0.03
16 Oct 2026Call IV premium
Call IV0.87
Put IV0.69
Skew-0.19
15 Jan 2027Balanced skew
Call IV0.80
Put IV0.82
Skew0.03

Contract Tape

Most active contracts

Full contract tape
ContractISSC260918P00015000
SidePut
Expiry18 Sep 2026
Strike15.00
Volume16
OI51
IV0.89
ContractISSC260821C00022500
SideCall
Expiry21 Aug 2026
Strike22.50
Volume15
OI278
IV1.18
ContractISSC260821P00015000
SidePut
Expiry21 Aug 2026
Strike15.00
Volume13
OI61
IV1.11
ContractISSC260821C00020000
SideCall
Expiry21 Aug 2026
Strike20.00
Volume6
OI364
IV1.18
ContractISSC270115P00010000
SidePut
Expiry15 Jan 2027
Strike10.00
Volume1
OI38
IV0.36
ContractISSC270115C00020000
SideCall
Expiry15 Jan 2027
Strike20.00
Volume1
OI35
IV0.81
ContractISSC270115C00010000
SideCall
Expiry15 Jan 2027
Strike10.00
Volume1
OI25
IV1.17
ContractISSC260918C00025000
SideCall
Expiry18 Sep 2026
Strike25.00
Volume1
OI17
IV0.41