Ticker Options Intelligence

PRM options intelligence

Perimeter Solutions SA options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 45 Market data through 31 Jul 2026 Checked 1 Aug 2026 06:53 · complete available chain

Call-side pressure

Bullish pressure

PRM currently carries bullish options pressure with a 45/100 conviction score. The nearest-chain expected move is 14.2%, with volume/open-interest participation at 0.18.

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

Call-side pressure

Expected move 14.2%

Wider near-term move priced

Activity / OI 0.18

Current volume is quieter versus prior open interest

Put-call 0.46

Call-side skew

Trend fit 52

Options are not fully confirming trend

Weekly backdrop -9.2%

RS 5.1

Expected move 14.2%
Put-call volume 0.46
Volume / OI 0.18
Reference IV 0.49
Max pain 35.00
Underlying 33.73
Nearest expiry 21 Aug 2026
Contracts 98

Research Brief

PRM has a bullish chain read with 45/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 28.95–38.51; The largest call open-interest concentration is 35.00; the largest put concentration is 35.00. The most active strike by current volume is 35.00.

Priced range28.95–38.51
Call concentration35.00
Put concentration35.00
Max pain reference35.00
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.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 28.95 to 38.51. Max pain at 35.00 sits inside that range, 3.8% above spot.

Spot Max pain
28.9533.73 ± 4.7838.51
Confirmation level

A close beyond 38.51 or below 28.95 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 45/100

Evidence alignment, not probability

Pressure is 46/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure46 × 42%
+19.5

How strongly activity leans toward calls or puts.

Participation20 × 22%
+4.4

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

Trend agreement52 × 26%
+13.6

How closely the chain read agrees with the underlying trend backdrop.

Volatility75 × 10%
+7.5

The intensity of implied volatility and the priced move.

Reconstructed score44.9Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 35.00; the largest put concentration is 35.00. The most active strike by current volume is 35.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
20.00-40.7%
0
0
22.50-33.3%
0
4
25.00-25.9%
0
37
30.00-11.1%
1
121
35.003.8%
228
1
40.0018.6%
17
0
45.0033.4%
1
0
50.0048.2%
0
0
55.0063.1%
1
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

0.99× front/back

Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.

0.49 21 Aug 21d
0.44 18 Sep 49d
0.50 16 Oct 77d
0.49 18 Dec 140d
0.50 15 Jan 168d

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.

30
35
40
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

A97/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 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

85/100
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 against weak price

Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $86927 of estimated gross traded notional, puts · 91+ days · otm, and a bullish flow against weak price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+46
1W price-9.2%
Call premium56%
Put premium44%
Notional split C 56% / P 44% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.18 Volume divided by open interest across the visible chain.
Trend fit 52/100 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 Puts · 91+ days · OTM
Puts · 91+ days · OTM puts cluster with 101 contracts traded, $29430 estimated gross traded notional, and 34% of visible notional.
$29430
Calls · 8-21 days · OTM calls cluster with 261 contracts traded, $24043 estimated gross traded notional, and 28% of visible notional.
$24043
Calls · 91+ days · ITM calls cluster with 21 contracts traded, $14795 estimated gross traded notional, and 17% of visible notional.
$14795
Calls · 46-90 days · OTM calls cluster with 31 contracts traded, $5494 estimated gross traded notional, and 6% of visible notional.
$5494
Puts · 8-21 days · ITM puts cluster with 12 contracts traded, $4590 estimated gross traded notional, and 5% of visible notional.
$4590

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.

Warning Bullish pressure over fair value

Call pressure is building while the stock sits above Sharemaestro fair value.

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
Close30.61
1W-9.2%
RS5.1
Fair value+103.4%
Options pressure46
Speculation20
Volatility75
Trend fit52

Today Versus Normal

Stored-options context

View history
Expected move 14.2% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.49 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.46 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.18 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 10:38 Volatility
Pressure 100
Move 15.5%
30 Jul 10:35 Bullish
Pressure 47
Move 13.3%
30 Jul 22:53 Volatility
Pressure 100
Move 14.2%
31 Jul 11:07 Bullish
Pressure 30
Move 14.2%
31 Jul 15:54 Volatility
Pressure 100
Move 14.5%
31 Jul 17:18 Volatility
Pressure 100
Move 14.7%
31 Jul 18:12 Volatility
Pressure 100
Move 14.7%
31 Jul 18:35 Volatility
Pressure 100
Move 14.7%

Strike Map

Where activity is clustering

Full strike map
Strike20.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike22.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike25.00
Calls · V 0 · OI 0
Puts · V 8 · OI 4
Strike30.00
Calls · V 0 · OI 1
Puts · V 38 · OI 37
Strike35.00
Calls · V 253 · OI 228
Puts · V 12 · OI 121
Strike40.00
Calls · V 8 · OI 17
Puts · V 0 · OI 1
Strike45.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike50.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts18
Avg IV0.49
Put-call0.22
Expiry18 Sep 2026
Contracts18
Avg IV0.44
Put-call0.14
Expiry16 Oct 2026
Contracts22
Avg IV0.50
Put-call-
Expiry18 Dec 2026
Contracts22
Avg IV0.49
Put-call3.00
Expiry15 Jan 2027
Contracts18
Avg IV0.50
Put-call0.48

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV0.81
Put IV0.41
Skew-0.41
18 Sep 2026Balanced skew
Call IV0.54
Put IV0.52
Skew-0.02
16 Oct 2026Call IV premium
Call IV0.68
Put IV0.48
Skew-0.20
18 Dec 2026Put IV premium
Call IV0.49
Put IV0.71
Skew0.21
15 Jan 2027Balanced skew
Call IV0.51
Put IV0.52
Skew0.01

Contract Tape

Most active contracts

Full contract tape
ContractPRM260821C00035000
SideCall
Expiry21 Aug 2026
Strike35.00
Volume253
OI228
IV0.81
ContractPRM261218P00030000
SidePut
Expiry18 Dec 2026
Strike30.00
Volume70
OI55
IV0.50
ContractPRM260821P00030000
SidePut
Expiry21 Aug 2026
Strike30.00
Volume38
OI37
IV0.41
ContractPRM261016C00035000
SideCall
Expiry16 Oct 2026
Strike35.00
Volume21
OI623
IV0.65
ContractPRM261218C00045000
SideCall
Expiry18 Dec 2026
Strike45.00
Volume20
OI34
IV0.49
ContractPRM261218P00025000
SidePut
Expiry18 Dec 2026
Strike25.00
Volume20
OI34
IV0.71
ContractPRM260821P00035000
SidePut
Expiry21 Aug 2026
Strike35.00
Volume12
OI121
IV0.01
ContractPRM261218C00030000
SideCall
Expiry18 Dec 2026
Strike30.00
Volume10
OI302
IV0.50