Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
CSL options intelligence
Carlisle Companies Incorporated options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
28
Market data through 31 Jul 2026
Checked 2 Aug 2026 02:09 · complete available chain
Options-market disagreement
Mixed pressure
CSL currently carries mixed options pressure with a 28/100 conviction score. The nearest-chain expected move is 8.2%, with volume/open-interest participation at 0.01.
Expected move
8.2%
Wider near-term move priced
Activity / OI
0.01
Current volume is quieter versus prior open interest
Put-call
0.70
Call-side skew
Trend fit
49
Options are not fully confirming trend
Weekly backdrop
+7.1%
RS -5.0
Expected move
8.2%
Put-call volume
0.70
Volume / OI
0.01
Reference IV
0.43
Max pain
340.00
Underlying
359.92
Nearest expiry
21 Aug 2026
Contracts
308
Research Brief
CSL has a mixed chain read with 28/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 330.52–389.32; The largest call open-interest concentration is 360.00; the largest put concentration is 290.00. The most active strike by current volume is 310.00.
Priced range330.52–389.32
Call concentration360.00
Put concentration290.00
Max pain reference340.00
- A clear directional pressure reading develops and price begins to agree.
- Volatility falls and the chain remains directionally mixed.
- Options and the weekly trend are not yet giving the same message.
Priced Move
Where the chain says movement becomes exceptional
Options imply 330.52 to 389.32. Max pain at 340.00 sits inside that range, 5.5% below spot.
Spot
Max pain
330.52359.92 ± 29.40389.32
Confirmation level
A close beyond 389.32 or below 330.52 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 28/100
Pressure is 18/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure18 × 42%
+7.4
How strongly activity leans toward calls or puts.
Participation6 × 22%
+1.3
Volume relative to existing open interest and contract-level activity.
Trend agreement49 × 26%
+12.8
How closely the chain read agrees with the underlying trend backdrop.
Volatility62 × 10%
+6.2
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
The largest call open-interest concentration is 360.00; the largest put concentration is 290.00. The most active strike by current volume is 310.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
220.00-38.9%
8
4
280.00-22.2%
0
29
290.00-19.4%
0
29
300.00-16.6%
0
7
310.00-13.9%
0
23
320.00-11.1%
0
5
330.00-8.3%
1
9
340.00-5.5%
0
3
350.00-2.8%
4
2
360.000.0%
41
2
370.002.8%
6
1
380.005.6%
5
0
390.008.4%
5
0
400.0011.1%
38
0
410.0013.9%
4
0
420.0016.7%
5
0
450.0025.0%
11
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Balanced volatility curve
Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.
0.43
21 Aug
21d
0.41
18 Sep
49d
0.42
18 Dec
140d
0.41
19 Mar
231d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
290
300
310
320
330
340
350
360
370
380
390
400
410
420
430
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
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
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 308 / 308
- 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
Multi-expiry position-maintenance candidate
Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.
The options read is mixed, so divergence is not strong enough to classify.
Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $15195 of estimated gross traded notional, calls · 91+ 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+18
1W price+7.1%
Call premium63%
Put premium37%
Notional split
C 63% / P 37%
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
49/100
Agreement between options pressure and Sharemaestro market context.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.
Calls · 91+ days · OTM
calls cluster with 4 contracts traded, $6040 estimated gross traded notional, and 40% of visible notional.
$6040
Puts · 46-90 days · ITM
puts cluster with 1 contracts traded, $3460 estimated gross traded notional, and 23% of visible notional.
$3460
Puts · 8-21 days · OTM
puts cluster with 6 contracts traded, $2200 estimated gross traded notional, and 14% of visible notional.
$2200
Calls · 46-90 days · OTM
calls cluster with 4 contracts traded, $1540 estimated gross traded notional, and 10% of visible notional.
$1540
Calls · 8-21 days · ATM
calls cluster with 1 contracts traded, $1325 estimated gross traded notional, and 9% of visible notional.
$1325
Setup Classification
Opportunity and risk frame
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
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
Close359.92
1W+7.1%
RS-5.0
Fair value+1.6%
Options pressure18
Speculation6
Volatility62
Trend fit49
Today Versus Normal
Stored-options context
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:23
Mixed
Pressure -12
Move 11.1%
30 Jul 10:20
Volatility
Pressure -35
Move 10.4%
31 Jul 10:10
Mixed
Pressure -10
Move 12.0%
31 Jul 19:37
Mixed
Pressure -1
Move 9.0%
2 Aug 01:09
Mixed
Pressure 18
Move 8.2%
Strike Map
Where activity is clustering
Strike220.00
Calls · V 0 · OI 8
Puts · V 0 · OI 0
Strike230.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike240.00
Calls · V 0 · OI 2
Puts · V 0 · OI 0
Strike250.00
Calls · V 0 · OI 2
Puts · V 0 · OI 0
Strike260.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike270.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike280.00
Calls · V 0 · OI 0
Puts · V 0 · OI 4
Strike290.00
Calls · V 0 · OI 0
Puts · V 0 · OI 29
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts58
Avg IV0.43
Put-call3.00
Expiry18 Sep 2026
Contracts78
Avg IV0.41
Put-call0.25
Expiry18 Dec 2026
Contracts98
Avg IV0.42
Put-call-
Expiry19 Mar 2027
Contracts74
Avg IV0.41
Put-call-
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV0.39
Put IV0.50
Skew0.12
18 Sep 2026Put IV premium
Call IV0.37
Put IV0.43
Skew0.07
18 Dec 2026Put IV premium
Call IV0.39
Put IV0.44
Skew0.06
19 Mar 2027Put IV premium
Call IV0.37
Put IV0.43
Skew0.07
Contract Tape
Most active contracts
ContractCSL260821P00310000
SidePut
Expiry21 Aug 2026
Strike310.00
Volume5
OI7
IV0.55
ContractCSL261218C00420000
SideCall
Expiry18 Dec 2026
Strike420.00
Volume4
OI34
IV0.38
ContractCSL260918C00420000
SideCall
Expiry18 Sep 2026
Strike420.00
Volume4
OI8
IV0.38
ContractCSL260918P00380000
SidePut
Expiry18 Sep 2026
Strike380.00
Volume1
OI67
IV0.45
ContractCSL260821C00360000
SideCall
Expiry21 Aug 2026
Strike360.00
Volume1
OI41
IV0.38
ContractCSL260821P00340000
SidePut
Expiry21 Aug 2026
Strike340.00
Volume1
OI9
IV0.50
ContractCSL260821C00380000
SideCall
Expiry21 Aug 2026
Strike380.00
Volume1
OI5
IV0.40
ContractCSL260918C00380000
SideCall
Expiry18 Sep 2026
Strike380.00
Volume-
OI205
IV0.39
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
No recent market-watch posts yet.
Earnings
No upcoming matched earnings event.
Plain English Guide
Options context
What usually looks constructive
What usually looks cautious
Options can move quickly and can lose value fast. Treat this as research context, not a buy or sell instruction.