Ticker Options Intelligence

NXRT options intelligence

Nexpoint Residential Trust Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 48 Market data through 31 Jul 2026 Checked 31 Jul 2026 15:48 · complete available chain

Volatility expansion watch

Volatility pressure

NXRT currently carries volatility options pressure with a 48/100 conviction score. The nearest-chain expected move is 20.9%, with volume/open-interest participation at 0.91.

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

Volatility expansion watch

Expected move 20.9%

Wider near-term move priced

Activity / OI 0.91

Current volume is elevated versus prior open interest

Put-call 0.20

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop +0.2%

RS -15.6

Expected move 20.9%
Put-call volume 0.20
Volume / OI 0.91
Reference IV 1.22
Max pain 25.00
Underlying 26.07
Nearest expiry 21 Aug 2026
Contracts 17

Research Brief

NXRT has a volatility chain read with 48/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 20.62–31.52; The largest call open-interest concentration is 30.00; the largest put concentration is 22.50. The most active strike by current volume is 30.00.

Priced range20.62–31.52
Call concentration30.00
Put concentration22.50
Max pain reference25.00
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 20.62 to 31.52. Max pain at 25.00 sits inside that range, 4.1% below spot.

Spot Max pain
20.6226.07 ± 5.4531.52
Confirmation level

A close beyond 31.52 or below 20.62 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 48/100

Evidence alignment, not probability

Pressure is 76/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure76 × 42%
+32.1

How strongly activity leans toward calls or puts.

Participation29 × 22%
+6.4

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 score48.1Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 30.00; the largest put concentration is 22.50. The most active strike by current volume is 30.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
20.00-23.3%
1
46
22.50-13.7%
6
25
25.00-4.1%
10
4
30.0015.1%
568
0
35.0034.3%
0
2
40.0053.4%
4
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.53× front/back

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

1.22 21 Aug 21d
0.51 20 Nov 112d
0.79 19 Feb 203d

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.

23
25
30
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

A91/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
17 / 17
  • 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

94/100
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: $61985 of estimated gross traded notional, calls · 8-21 days · otm, 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+76
1W price+0.2%
Call premium87%
Put premium13%
Notional split C 87% / P 13% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.91 Volume divided by open interest across the visible chain.
Trend fit 0/100 Agreement between options pressure and Sharemaestro market context.
Event window 4 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 Calls · 8-21 days · OTM
Calls · 8-21 days · OTM calls cluster with 556 contracts traded, $49970 estimated gross traded notional, and 81% of visible notional.
$49970
Puts · 8-21 days · OTM puts cluster with 60 contracts traded, $3400 estimated gross traded notional, and 5% of visible notional.
$3400
Puts · 91+ days · OTM puts cluster with 50 contracts traded, $3375 estimated gross traded notional, and 5% of visible notional.
$3375
Calls · 91+ days · ITM calls cluster with 4 contracts traded, $2440 estimated gross traded notional, and 4% of visible notional.
$2440
Puts · 8-21 days · ITM puts cluster with 2 contracts traded, $1550 estimated gross traded notional, and 3% of visible notional.
$1550

Setup Classification

Opportunity and risk frame

Context, not advice
Warning Speculative chase

Participation is active enough to treat follow-through risk carefully.

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
Close26.11
1W+0.2%
RS-15.6
Fair value-16.5%
Options pressure76
Speculation29
Volatility96
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 20.9% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 1.22 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.20 history building
30d avg - · 0/10 sessions -
90d avg - · 0/30 sessions -
180d avg - · 0/60 sessions -
Volume/OI 0.91 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 11:06 Mixed
Pressure 11
Move 10.5%
30 Jul 10:54 Volatility
Pressure -89
Move 12.3%
31 Jul 11:08 Volatility
Pressure -90
Move 11.2%
31 Jul 13:36 Volatility
Pressure 76
Move 20.9%
31 Jul 14:48 Volatility
Pressure 76
Move 20.9%

Strike Map

Where activity is clustering

Full strike map
Strike20.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike22.50
Calls · V 0 · OI 6
Puts · V 35 · OI 46
Strike25.00
Calls · V 1 · OI 10
Puts · V 25 · OI 25
Strike30.00
Calls · V 555 · OI 568
Puts · V 0 · OI 4
Strike35.00
Calls · V 0 · OI 0
Puts · V 2 · OI 0
Strike40.00
Calls · V 1 · OI 4
Puts · V 0 · OI 2

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts10
Avg IV1.22
Put-call0.11
Expiry20 Nov 2026
Contracts6
Avg IV0.51
Put-call8.33
Expiry19 Feb 2027
Contracts1
Avg IV0.79
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV1.09
Put IV0.65
Skew-0.44
20 Nov 2026Call IV premium
Call IV0.63
Put IV0.41
Skew-0.22
19 Feb 2027Incomplete skew
Call IV0.79
Put IV-
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractNXRT260821C00022500
SideCall
Expiry21 Aug 2026
Strike22.50
Volume-
OI6
IV1.39
ContractNXRT260821P00030000
SidePut
Expiry21 Aug 2026
Strike30.00
Volume-
OI4
IV0.88
ContractNXRT260821P00040000
SidePut
Expiry21 Aug 2026
Strike40.00
Volume-
OI2
IV0.00
ContractNXRT261120P00035000
SidePut
Expiry20 Nov 2026
Strike35.00
Volume-
OI2
IV0.73
ContractNXRT261120C00035000
SideCall
Expiry20 Nov 2026
Strike35.00
Volume-
OI1
IV0.53
ContractNXRT260821C00020000
SideCall
Expiry21 Aug 2026
Strike20.00
Volume-
OI1
IV1.81
ContractNXRT261120C00012500
SideCall
Expiry20 Nov 2026
Strike12.50
Volume-
OI-
IV0.00
ContractNXRT260821C00030000
SideCall
Expiry21 Aug 2026
Strike30.00
Volume555
OI568
IV1.09