Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
AIFU options intelligence
Fanhua Inc. options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
23
Market data through 12 Aug 2026
Checked 13 Aug 2026 12:21 · complete available chain
Call-side pressure
Bullish pressure
AIFU currently carries bullish options pressure with a 23/100 conviction score. The nearest-chain expected move is 0.0%, with volume/open-interest participation at 0.15.
Expected move
0.0%
Near-term move context
Activity / OI
0.15
Current volume is quieter versus prior open interest
Put-call
0.43
Call-side skew
Trend fit
23
Options are not fully confirming trend
Weekly backdrop
+7.6%
RS -45.4
Expected move
0.0%
Put-call volume
0.43
Volume / OI
0.15
Reference IV
0.00
Max pain
5.00
Underlying
37.35
Nearest expiry
16 Oct 2026
Contracts
5
Research Brief
AIFU has a bullish chain read with 23/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 37.35–37.35; The largest call open-interest concentration is 7.50; the largest put concentration is 5.00. The most active strike by current volume is 7.50.
Priced range37.35–37.35
Call concentration7.50
Put concentration5.00
Max pain reference5.00
- Price holds or improves while call-side concentration remains elevated.
- 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
Options imply 37.35 to 37.35. Max pain at 5.00 lies outside the priced range, so it is a weak near-term anchor.
Spot
Max pain
37.3537.35 ± 0.0037.35
Confirmation level
A close beyond 37.35 or below 37.35 at the 16 Oct 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 23/100
Pressure is 34/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure34 × 42%
+14.4
How strongly activity leans toward calls or puts.
Participation11 × 22%
+2.5
Volume relative to existing open interest and contract-level activity.
Trend agreement23 × 26%
+5.9
How closely the chain read agrees with the underlying trend backdrop.
Volatility0 × 10%
+0.0
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 7.50; the largest put concentration is 5.00. The most active strike by current volume is 7.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
5.00-86.6%
1
0
7.50-79.9%
16
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Gamma Profile by Strike
Negative gamma proxy
Put-side gamma sensitivity outweighs the call-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.
Net profile-$0Delta change / 1% move
Positive peak-No positive strike
Negative peak2.50-$0
Nearest balance-Interpolated sign change
StrikeNegativePositiveNet / 1% move
2.50-93.3%
-$0
Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike
Scenario proxy = gamma × open interest × 100 shares × spot² × 1%. Calls are positive and puts negative by convention. Missing Greeks use a Black-Scholes estimate from stored IV with zero rate and dividend assumptions. Open interest does not reveal who is long or short, so this is not observed dealer positioning or a forecast.
Volatility Curve
Back-loaded volatility
Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.
0.00
16 Oct
65d
0.17
15 Jan
156d
Volatility by Strike
Smile incomplete
There is not enough comparable OTM call and put volatility to classify the smile.
Comparable strike volatility is unavailable.
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
Forward validation is building. The earliest eligible stored read expires 16 Oct 2026; its result will appear after the matched closing reference is stored.
Directional follow-through-
Moves contained by pricing-
Average expiry move-
Validation readiness
- Auditable calculationoriginal version retained
- Independent entryone read per market session
- Point-in-time referencerequired at entry
- Matched expiry closereported only after maturity
Eligible snapshots must have a dated market session, stored signal, and point-in-time market reference. Each observation uses one read per market session and the first stored weekly close on or immediately after expiry; its original calculation version is retained. 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
- 12 Aug 2026
- Calculation
- v2.0
- Contracts
- 5 / 5
- 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
Likely noise
Visible options activity is too thin or mixed to support a strong intent classification.
Options pressure and weekly price action are pointing in the same constructive direction.
Likely noise matters because it connects the options headline to the actual evidence: $615 of estimated gross traded notional, puts · 91+ days · otm, 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+34
1W price+7.6%
Call premium48%
Put premium52%
Notional split
C 48% / P 52%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.15
Volume divided by open interest across the visible chain.
Trend fit
23/100
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.
Puts · 91+ days · OTM
puts cluster with 3 contracts traded, $321 estimated gross traded notional, and 52% of visible notional.
$321
Calls · 91+ days · ITM
calls cluster with 4 contracts traded, $210 estimated gross traded notional, and 34% of visible notional.
$210
Calls · 46-90 days · ITM
calls cluster with 3 contracts traded, $84 estimated gross traded notional, and 14% of visible notional.
$84
Setup Classification
Opportunity and risk frame
Options positioning is not confirming the underlying trend context.
Activity Anomaly
Warming up
9 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 9 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close37.35
1W+7.6%
RS-45.4
Fair value-44.7%
Options pressure34
Speculation11
Volatility0
Trend fit23
Today Versus Normal
Stored-options context
30d avg - · 9/10 sessions
-
90d avg - · 9/30 sessions
-
180d avg - · 9/60 sessions
-
30d avg - · 9/10 sessions
-
90d avg - · 9/30 sessions
-
180d avg - · 9/60 sessions
-
30d avg - · 9/10 sessions
-
90d avg - · 9/30 sessions
-
180d avg - · 9/60 sessions
-
30d avg - · 9/10 sessions
-
90d avg - · 9/30 sessions
-
180d avg - · 9/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 11:38
Bullish
Pressure 34
Move 0.0%
31 Jul 07:14
Bullish
Pressure 34
Move 0.0%
1 Aug 01:17
Bullish
Pressure 34
Move 0.0%
2 Aug 16:35
Bullish
Pressure 34
Move 0.0%
4 Aug 10:35
Bullish
Pressure 34
Move 0.0%
5 Aug 11:06
Bullish
Pressure 34
Move 0.0%
6 Aug 11:13
Bullish
Pressure 34
Move 0.0%
10 Aug 11:03
Bullish
Pressure 34
Move 0.0%
Strike Map
Where activity is clustering
Strike5.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike7.50
Calls · V 3 · OI 16
Puts · V 0 · OI 0
Term Structure
Expiration activity
Expiry16 Oct 2026
Contracts2
Avg IV0.00
Put-call-
Expiry15 Jan 2027
Contracts3
Avg IV0.17
Put-call0.75
Skew
Call/put IV balance
16 Oct 2026Incomplete skew
Call IV-
Put IV-
Skew-
15 Jan 2027Incomplete skew
Call IV-
Put IV0.50
Skew-
Contract Tape
Most active contracts
ContractAIFU261016C00005000
SideCall
Expiry16 Oct 2026
Strike5.00
Volume-
OI1
IV0.00
ContractAIFU270115P00002500
SidePut
Expiry15 Jan 2027
Strike2.50
Volume3
OI40
IV0.50
ContractAIFU261016C00007500
SideCall
Expiry16 Oct 2026
Strike7.50
Volume3
OI16
IV0.00
ContractAIFU270115C00002500
SideCall
Expiry15 Jan 2027
Strike2.50
Volume2
OI8
IV0.00
ContractAIFU270115C00005000
SideCall
Expiry15 Jan 2027
Strike5.00
Volume2
OI2
IV0.00
Research Graph
Related research and context
Sharemaestro research
Related News
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Market Watch
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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.