Ticker Options Intelligence

CIM options intelligence

Chimera Investment Corporation options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 37 Market data through 31 Jul 2026 Checked 31 Jul 2026 22:41 · complete available chain

Options-market disagreement

Mixed pressure

CIM currently carries mixed options pressure with a 37/100 conviction score. The nearest-chain expected move is 7.2%, with volume/open-interest participation at 0.10.

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

Options-market disagreement

Expected move 7.2%

Wider near-term move priced

Activity / OI 0.10

Current volume is quieter versus prior open interest

Put-call 1.29

Put-side skew

Trend fit 71

Options agree with trend context

Weekly backdrop -3.1%

RS -8.3

Expected move 7.2%
Put-call volume 1.29
Volume / OI 0.10
Reference IV 0.53
Max pain 13.00
Underlying 12.50
Nearest expiry 21 Aug 2026
Contracts 59

Research Brief

CIM has a mixed chain read with 37/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 11.60–13.40; The largest call open-interest concentration is 14.00; the largest put concentration is 13.00. The most active strike by current volume is 12.00.

Priced range11.60–13.40
Call concentration14.00
Put concentration13.00
Max pain reference13.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • 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 11.60 to 13.40. Max pain at 13.00 sits inside that range, 4.0% above spot.

Spot Max pain
11.6012.50 ± 0.9013.40
Confirmation level

A close beyond 13.40 or below 11.60 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 37/100

Evidence alignment, not probability

Pressure is 6/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure6 × 42%
+2.7

How strongly activity leans toward calls or puts.

Participation42 × 22%
+9.3

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

Trend agreement71 × 26%
+18.5

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

Volatility66 × 10%
+6.6

The intensity of implied volatility and the priced move.

Reconstructed score37.1Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 14.00; the largest put concentration is 13.00. The most active strike by current volume is 12.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
2
5.00-60.0%
0
0
6.00-52.0%
0
0
8.00-36.0%
1
0
9.00-28.0%
1
0
10.00-20.0%
1
13
11.00-12.0%
0
214
12.00-4.0%
0
694
13.004.0%
152
21
14.0012.0%
1692
0
15.0020.0%
150
0
17.0036.0%
2
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.15× front/back

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

0.53 21 Aug 21d
0.39 18 Sep 49d
0.50 18 Dec 140d
0.46 19 Mar 231d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

Comparable upside calls and downside puts carry broadly similar implied volatility.

10
11
12
13
14
15
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

A96/100
Retained chain100%
Implied volatility100%
Two-sided quotes98%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
59 / 59
  • 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

74/100
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 No clean flow/price divergence

The options read is mixed, so divergence is not strong enough to classify.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $220588 of estimated gross traded notional, puts · 46-90 days · itm, 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-6
1W price-3.1%
Call premium32%
Put premium68%
Notional split C 32% / P 68% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.10 Volume divided by open interest across the visible chain.
Trend fit 71/100 Agreement between options pressure and Sharemaestro market context.
Event window 5 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 · 46-90 days · ITM
Puts · 46-90 days · ITM puts cluster with 249 contracts traded, $109640 estimated gross traded notional, and 50% of visible notional.
$109640
Calls · 46-90 days · ITM calls cluster with 294 contracts traded, $58005 estimated gross traded notional, and 26% of visible notional.
$58005
Puts · 91+ days · ITM puts cluster with 95 contracts traded, $19825 estimated gross traded notional, and 9% of visible notional.
$19825
Puts · 91+ days · OTM puts cluster with 200 contracts traded, $18000 estimated gross traded notional, and 8% of visible notional.
$18000
Calls · 91+ days · ITM calls cluster with 18 contracts traded, $7920 estimated gross traded notional, and 4% of visible notional.
$7920

Setup Classification

Opportunity and risk frame

Context, not advice
Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

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

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
Close12.50
1W-3.1%
RS-8.3
Fair value+3.9%
Options pressure-6
Speculation42
Volatility66
Trend fit71

Today Versus Normal

Stored-options context

View history
Expected move 7.2% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.53 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 1.29 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.10 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 11:12 Bearish
Pressure -83
Move 11.2%
30 Jul 10:59 Bullish
Pressure 85
Move 15.8%
30 Jul 16:29 Mixed
Pressure 3
Move 7.2%
31 Jul 11:41 Bearish
Pressure -49
Move 8.6%
31 Jul 21:41 Mixed
Pressure -6
Move 7.2%

Strike Map

Where activity is clustering

Full strike map
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike6.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike8.00
Calls · V 2 · OI 1
Puts · V 0 · OI 0
Strike9.00
Calls · V 2 · OI 1
Puts · V 0 · OI 0
Strike10.00
Calls · V 2 · OI 1
Puts · V 0 · OI 0
Strike11.00
Calls · V 0 · OI 0
Puts · V 3 · OI 13
Strike12.00
Calls · V 0 · OI 0
Puts · V 35 · OI 214
Strike13.00
Calls · V 8 · OI 152
Puts · V 1 · OI 694

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts14
Avg IV0.53
Put-call0.67
Expiry18 Sep 2026
Contracts21
Avg IV0.39
Put-call0.78
Expiry18 Dec 2026
Contracts21
Avg IV0.50
Put-call4.25
Expiry19 Mar 2027
Contracts3
Avg IV0.46
Put-call125.00

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.33
Put IV0.38
Skew0.05
18 Sep 2026Put IV premium
Call IV0.28
Put IV0.34
Skew0.06
18 Dec 2026Put IV premium
Call IV0.25
Put IV0.37
Skew0.12
19 Mar 2027Put IV premium
Call IV0.22
Put IV0.39
Skew0.18

Contract Tape

Most active contracts

Full contract tape
ContractCIM260821P00014000
SidePut
Expiry21 Aug 2026
Strike14.00
Volume-
OI21
IV0.74
ContractCIM261218P00010000
SidePut
Expiry18 Dec 2026
Strike10.00
Volume-
OI20
IV0.80
ContractCIM261218P00011000
SidePut
Expiry18 Dec 2026
Strike11.00
Volume-
OI19
IV0.35
ContractCIM261218P00009000
SidePut
Expiry18 Dec 2026
Strike9.00
Volume-
OI10
IV0.58
ContractCIM261218C00011000
SideCall
Expiry18 Dec 2026
Strike11.00
Volume-
OI4
IV0.94
ContractCIM260821P00005000
SidePut
Expiry21 Aug 2026
Strike5.00
Volume-
OI2
IV3.45
ContractCIM260821C00017000
SideCall
Expiry21 Aug 2026
Strike17.00
Volume-
OI2
IV1.50
ContractCIM261218C00021000
SideCall
Expiry18 Dec 2026
Strike21.00
Volume-
OI1
IV0.44