Ticker Options Intelligence

SBS options intelligence

Companhia de Saneamento Basico do Estado de Sao Paulo SABESP ADR options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 28 Market data through 29 Jul 2026 Checked 30 Jul 2026 02:55 · complete available chain

Options-market disagreement

Mixed pressure

SBS currently carries mixed options pressure with a 28/100 conviction score. The nearest-chain expected move is 39.7%, with volume/open-interest participation at 0.00.

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

Options-market disagreement

Expected move 39.7%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call -

Balanced tape

Trend fit 54

Options are not fully confirming trend

Weekly backdrop -2.4%

RS -0.0

Expected move 39.7%
Put-call volume -
Volume / OI -
Reference IV 1.58
Max pain 5.00
Underlying 5.61
Nearest expiry 21 Aug 2026
Contracts 42

Options Intent Radar

Likely noise

28/100
Primary intent Likely noise

Visible options activity is too thin or mixed to support a strong intent classification.

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

Likely noise matters because it connects the options headline to the actual evidence: $0 of estimated gross traded notional, no dominant cluster, 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+10
1W price-2.4%
Call premium0%
Put premium0%
Notional split C 0% / P 0% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.00 Volume divided by open interest across the visible chain.
Trend fit 54/100 Agreement between options pressure and Sharemaestro market context.
Event window 10 Aug Matched earnings event is 11 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 No dominant cluster

No high-conviction option cluster is visible in this snapshot.

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.

Activity Anomaly

Normal range

33

Activity is broadly in line with recent stored snapshots.

Volume rank0th
Volume/OI rank0th
IV rank100th

Market Context

Underlying confirmation

Sharemaestro weekly
Close5.61
1W-2.4%
RS0.0
Fair value+52.8%
Options pressure10
Speculation0
Volatility96
Trend fit54

Today Versus Normal

Stored-options context

View history
Expected move 39.7% elevated
30d avg 24.5% · 1 read 100th
90d avg 24.5% · 1 read 100th
180d avg 24.5% · 1 read 100th
IV 1.58 elevated
30d avg 0.98 · 1 read 100th
90d avg 0.98 · 1 read 100th
180d avg 0.98 · 1 read 100th
Put-call - normal building
30d avg 0.00 · 1 read -
90d avg 0.00 · 1 read -
180d avg 0.00 · 1 read -
Volume/OI 0.00 muted
30d avg 0.20 · 1 read 0th
90d avg 0.20 · 1 read 0th
180d avg 0.20 · 1 read 0th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:19 Volatility
Pressure 100
Move 24.5%
30 Jul 01:55 Mixed
Pressure 10
Move 39.7%

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 65
Puts · V 0 · OI 1
Strike7.50
Calls · V 0 · OI 5
Puts · V 0 · OI 0
Strike10.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts8
Avg IV1.58
Put-call-
Expiry18 Sep 2026
Contracts8
Avg IV0.83
Put-call-
Expiry16 Oct 2026
Contracts18
Avg IV0.33
Put-call-
Expiry15 Jan 2027
Contracts8
Avg IV0.61
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV0.71
Put IV0.16
Skew-0.55
18 Sep 2026Call IV premium
Call IV0.47
Put IV0.11
Skew-0.36
16 Oct 2026Call IV premium
Call IV0.16
Put IV0.09
Skew-0.07
15 Jan 2027Call IV premium
Call IV0.25
Put IV0.07
Skew-0.18

Contract Tape

Most active contracts

Full contract tape
ContractSBS260821C00005000
SideCall
Expiry21 Aug 2026
Strike5.00
Volume-
OI65
IV1.19
ContractSBS261016C00007000
SideCall
Expiry16 Oct 2026
Strike7.00
Volume-
OI26
IV0.32
ContractSBS261016C00006000
SideCall
Expiry16 Oct 2026
Strike6.00
Volume-
OI23
IV0.16
ContractSBS261016C00005000
SideCall
Expiry16 Oct 2026
Strike5.00
Volume-
OI14
IV0.43
ContractSBS261016P00008000
SidePut
Expiry16 Oct 2026
Strike8.00
Volume-
OI10
IV0.74
ContractSBS270115C00005000
SideCall
Expiry15 Jan 2027
Strike5.00
Volume-
OI8
IV0.65
ContractSBS270115C00002500
SideCall
Expiry15 Jan 2027
Strike2.50
Volume-
OI7
IV1.08
ContractSBS261016C00008000
SideCall
Expiry16 Oct 2026
Strike8.00
Volume-
OI6
IV0.43