Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
KB options intelligence
KB Financial Group Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
37
Market data through 30 Jul 2026
Checked 31 Jul 2026 11:04 · complete available chain
Call-side pressure
Bullish pressure
KB currently carries bullish options pressure with a 37/100 conviction score. The nearest-chain expected move is 8.0%, with volume/open-interest participation at 0.02.
Expected move
8.0%
Wider near-term move priced
Activity / OI
0.02
Current volume is quieter versus prior open interest
Put-call
0.56
Call-side skew
Trend fit
65
Options agree with trend context
Weekly backdrop
-1.6%
RS 15.1
Expected move
8.0%
Put-call volume
0.56
Volume / OI
0.02
Reference IV
0.28
Max pain
120.00
Underlying
117.43
Nearest expiry
21 Aug 2026
Contracts
236
Research Brief
KB has a bullish 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 108.03–126.83; The largest call open-interest concentration is 125.00; the largest put concentration is 110.00. The most active strike by current volume is 110.00.
Priced range108.03–126.83
Call concentration125.00
Put concentration110.00
Max pain reference120.00
- Price holds or improves while call-side concentration remains elevated.
- The current chain read already agrees with the stored weekly trend context.
- Price weakens while call pressure fades or reverses toward puts.
Priced Move
Where the chain says movement becomes exceptional
Options imply 108.03 to 126.83. Max pain at 120.00 sits inside that range, 2.2% above spot.
Spot
Max pain
108.03117.43 ± 9.40126.83
Confirmation level
A close beyond 126.83 or below 108.03 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
Pressure is 32/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure32 × 42%
+13.4
How strongly activity leans toward calls or puts.
Participation9 × 22%
+1.9
Volume relative to existing open interest and contract-level activity.
Trend agreement65 × 26%
+17.0
How closely the chain read agrees with the underlying trend backdrop.
Volatility52 × 10%
+5.2
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 125.00; the largest put concentration is 110.00. The most active strike by current volume is 110.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
55.00-53.2%
0
0
60.00-48.9%
0
0
65.00-44.6%
0
0
70.00-40.4%
0
0
75.00-36.1%
0
0
80.00-31.9%
0
0
85.00-27.6%
0
0
90.00-23.4%
0
1
95.00-19.1%
0
0
100.00-14.8%
0
0
105.00-10.6%
1
10
110.00-6.3%
0
3
115.00-2.1%
0
4
120.002.2%
64
0
125.006.4%
143
0
130.0010.7%
43
1
135.0015.0%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Back-loaded volatility
Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.
0.28
21 Aug
22d
0.35
18 Sep
50d
0.36
20 Nov
113d
0.35
18 Dec
141d
0.35
19 Mar
232d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
95
100
105
110
115
120
125
130
135
140
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
- 30 Jul 2026
- Calculation
- v2.0
- Contracts
- 236 / 236
- 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
Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.
Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $17920 of estimated gross traded notional, calls · 91+ days · atm, 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+32
1W price-1.6%
Call premium77%
Put premium23%
Notional split
C 77% / P 23%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.02
Volume divided by open interest across the visible chain.
Trend fit
65/100
Agreement between options pressure and Sharemaestro market context.
Event window
13 Aug
Matched earnings event is 13 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Calls · 91+ days · ATM
calls cluster with 8 contracts traded, $8680 estimated gross traded notional, and 48% of visible notional.
$8680
Calls · 91+ days · OTM
calls cluster with 8 contracts traded, $5080 estimated gross traded notional, and 28% of visible notional.
$5080
Puts · 91+ days · OTM
puts cluster with 5 contracts traded, $2030 estimated gross traded notional, and 11% of visible notional.
$2030
Puts · 46-90 days · ITM
puts cluster with 2 contracts traded, $1690 estimated gross traded notional, and 9% of visible notional.
$1690
Puts · 8-21 days · ATM
puts cluster with 1 contracts traded, $250 estimated gross traded notional, and 1% of visible notional.
$250
Setup Classification
Opportunity and risk frame
Positioning agrees with the Sharemaestro trend backdrop.
Expected move or upcoming earnings makes the setup more event-sensitive.
Underlying price is close to the max-pain zone.
Call pressure is building while the stock sits above Sharemaestro fair value.
Activity Anomaly
Warming up
2 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 2 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close117.43
1W-1.6%
RS15.1
Fair value+75.2%
Options pressure32
Speculation9
Volatility52
Trend fit65
Today Versus Normal
Stored-options context
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 1/10 sessions
-
90d avg - · 1/30 sessions
-
180d avg - · 1/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:12
Bullish
Pressure 100
Move 6.4%
30 Jul 10:07
Mixed
Pressure 4
Move 6.3%
31 Jul 10:04
Bullish
Pressure 32
Move 8.0%
Strike Map
Where activity is clustering
Strike55.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike60.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike70.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike75.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike80.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike85.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike90.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts46
Avg IV0.28
Put-call-
Expiry18 Sep 2026
Contracts50
Avg IV0.35
Put-call-
Expiry20 Nov 2026
Contracts42
Avg IV0.36
Put-call-
Expiry18 Dec 2026
Contracts50
Avg IV0.35
Put-call0.31
Expiry19 Mar 2027
Contracts48
Avg IV0.35
Put-call-
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV0.30
Put IV0.43
Skew0.14
18 Sep 2026Put IV premium
Call IV0.30
Put IV0.41
Skew0.12
20 Nov 2026Put IV premium
Call IV0.32
Put IV0.41
Skew0.10
18 Dec 2026Put IV premium
Call IV0.30
Put IV0.41
Skew0.11
19 Mar 2027Put IV premium
Call IV0.31
Put IV0.41
Skew0.10
Contract Tape
Most active contracts
ContractKB261218C00120000
SideCall
Expiry18 Dec 2026
Strike120.00
Volume8
OI46
IV0.32
ContractKB261218C00130000
SideCall
Expiry18 Dec 2026
Strike130.00
Volume8
OI10
IV0.31
ContractKB261218P00105000
SidePut
Expiry18 Dec 2026
Strike105.00
Volume2
OI2
IV0.41
ContractKB261218P00090000
SidePut
Expiry18 Dec 2026
Strike90.00
Volume2
OI2
IV0.48
ContractKB260918P00125000
SidePut
Expiry18 Sep 2026
Strike125.00
Volume2
OI2
IV0.37
ContractKB260821P00110000
SidePut
Expiry21 Aug 2026
Strike110.00
Volume1
OI10
IV0.16
ContractKB260821P00115000
SidePut
Expiry21 Aug 2026
Strike115.00
Volume1
OI3
IV0.43
ContractKB261218P00110000
SidePut
Expiry18 Dec 2026
Strike110.00
Volume1
OI-
IV0.41
Research Graph
Related research and context
Sharemaestro research
Related News
Market Watch
Earnings
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.