Ticker Options Intelligence

CTSO options intelligence

Cytosorbents Crp options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 41 Market data through 16 Sep 2026 Checked 16 Sep 2026 22:09 · partial chain

Put-side pressure

Bearish pressure

CTSO currently carries bearish options pressure with a 41/100 conviction score. The nearest-chain expected move is 73.6%, with volume/open-interest participation at 0.03.

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

Put-side pressure

Expected move 73.6%

Wider near-term move priced

Activity / OI 0.03

Current volume is quieter versus prior open interest

Put-call 2.00

Put-side skew

Trend fit 77

Options agree with trend context

Weekly backdrop -8.5%

RS -53.2

Expected move 73.6%
Put-call volume 2.00
Volume / OI 0.03
Reference IV 10.45
Max pain 7.50
Underlying 6.41
Nearest expiry 18 Sep 2026
Contracts 12

Research Brief

CTSO has a bearish chain read with 41/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 1.69–11.13; The largest call open-interest concentration is 2.50; the largest put concentration is 2.50. The most active strike by current volume is 7.50.

Priced range1.69–11.13
Call concentration2.50
Put concentration2.50
Max pain reference7.50
What would confirm it
  • Price remains weak while put-side concentration persists.
  • The current chain read already agrees with the stored weekly trend context.
  • Participation is above the ticker's stored normal, which makes the read more noteworthy.
What would weaken it
  • Price recovers while put pressure fades or reverses toward calls.
  • 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 18 Sep

Options imply 1.69 to 11.13. Max pain at 7.50 sits inside that range, 17.0% above spot.

Spot Max pain
1.696.41 ± 4.7211.13
Confirmation level

A close beyond 11.13 or below 1.69 at the 18 Sep 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 41/100

Evidence alignment, not probability

Pressure is 24/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure24 × 42%
+9.9

How strongly activity leans toward calls or puts.

Participation5 × 22%
+1.0

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

Trend agreement77 × 26%
+20.1

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

Volatility96 × 10%
+9.6

The intensity of implied volatility and the priced move.

Reconstructed score40.6Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 2.50; the largest put concentration is 2.50. 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
10
2.50-61.0%
1
10
5.00-22.0%
1
4
7.5017.0%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Positive gamma proxy

Model-estimated Greeks · 50% coverage

Call-side gamma sensitivity outweighs the put-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.

Net profile+$5Delta change / 1% move
Positive peak5.00+$3
Negative peak7.50-$0
Nearest balance7.25Interpolated sign change
StrikeNegativePositiveNet / 1% move
2.50-61.0%
+$2
5.00-22.0%
+$3
7.5017.0%
-$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

Front-loaded volatility

2.22× front/back

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

10.45 18 Sep 2d
8.71 16 Oct 30d
0.00 20 Nov 65d
4.70 19 Feb 156d

Volatility by Strike

Smile incomplete

Nearest expiry, within 20% of spot

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

11 matured · 1 directional

Across 1 stored directional transitions, the next stored price moved in the labelled direction 100% of the time.

Directional follow-through100%
Moves contained by pricing0%
Average expiry move1935.0%
17 Aug Volatility · 63 1750.5% through expiry 531.4% priced · v2.0
14 Aug Mixed · 25 1955.6% through expiry 604.2% priced · v2.0
13 Aug Mixed · 27 1955.6% through expiry 652.8% priced · v2.0
12 Aug Volatility · 56 1955.6% through expiry 652.8% priced · v2.0
10 Aug Volatility · 62 1955.6% through expiry 604.2% priced · v2.0
7 Aug Mixed · 25 1955.6% through expiry 604.2% priced · v2.0
5 Aug Mixed · 26 1950.4% through expiry 617.9% priced · v2.0
4 Aug Mixed · 26 1950.4% through expiry 611.0% priced · v2.0
3 Aug Bullish · 39 1950.4% through expiry 624.8% priced · v2.0
31 Jul Volatility · 62 1950.4% through expiry 630.4% priced · v2.0
30 Jul Volatility · 62 1955.6% through expiry 652.8% priced · v2.0

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

Usable with limits

C69/100
Retained chain100%
Implied volatility75%
Two-sided quotes100%
Open interest100%
Chain status
Retained chain subset
Market date
16 Sep 2026
Calculation
v2.0
Contracts
12 / 12
  • 100% of provider contracts were retained for this snapshot.

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

Put-heavy activity

75/100
Primary intent Put-heavy activity

Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.

Flow vs price divergence Bearish flow confirms price

Options pressure and weekly price action are both cautionary.

Why this matters

Put-heavy activity matters because it connects the options headline to the actual evidence: $2,118 of estimated gross traded notional, puts · 0-7 days · itm, and a bearish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-24
1W price-8.5%
Call premium0%
Put premium100%
Notional split C 0% / P 100% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.03 Volume divided by open interest across the visible chain.
Trend fit 77/100 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.
Conviction clusters Puts · 0-7 days · ITM
Puts · 0-7 days · ITM puts cluster with 2 contracts traded, $1,430 estimated gross traded notional, and 68% of visible notional.
$1,430
Puts · 0-7 days · OTM puts cluster with 2 contracts traded, $678 estimated gross traded notional, and 32% of visible notional.
$678
Calls · 46-90 days · ITM calls cluster with 1 contracts traded, $5 estimated gross traded notional, and 0% of visible notional.
$5
Calls · 91+ days · ITM calls cluster with 1 contracts traded, $5 estimated gross traded notional, and 0% of visible notional.
$5

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.

Warning Bearish pressure under fair value

Put pressure is building after the stock has already moved below fair value.

Activity Anomaly

High anomaly

91

Current options activity is unusually hot versus this ticker's stored history.

Baseline: 23 completed sessions

Volume rank87th
Volume/OI rank87th
IV rank100th

Market Context

Underlying confirmation

Sharemaestro weekly
Close6.41
1W-8.5%
RS-53.2
Fair value-65.0%
Options pressure-24
Speculation5
Volatility96
Trend fit77

Today Versus Normal

Stored-options context

View history
Expected move 73.6% muted
30d avg 489.5% · 11 sessions 18th
90d avg - · 23/30 sessions -
180d avg - · 23/60 sessions -
IV 10.45 elevated
30d avg 5.30 · 11 sessions 100th
90d avg - · 23/30 sessions -
180d avg - · 23/60 sessions -
Put-call 2.00 history building
30d avg - · 6/10 sessions -
90d avg - · 11/30 sessions -
180d avg - · 11/60 sessions -
Volume/OI 0.03 elevated
30d avg 0.03 · 11 sessions 82th
90d avg - · 23/30 sessions -
180d avg - · 23/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:50 Volatility
Pressure 100
Move 708.3%
29 Jul 18:55 Bullish
Pressure 100
Move 708.3%
29 Jul 23:03 Volatility
Pressure 100
Move 625.0%
31 Jul 03:43 Volatility
Pressure -88
Move 652.8%
3 Aug 03:58 Volatility
Pressure -88
Move 630.4%
3 Aug 15:30 Bullish
Pressure 36
Move 624.8%
4 Aug 08:16 Bullish
Pressure 62
Move 624.8%
5 Aug 08:10 Mixed
Pressure 12
Move 611.0%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 1
Puts · V 1 · OI 10
Strike5.00
Calls · V 0 · OI 1
Puts · V 1 · OI 10
Strike7.50
Calls · V 0 · OI 0
Puts · V 2 · OI 4

Term Structure

Expiration activity

Volume and IV
Expiry18 Sep 2026
Contracts5
Avg IV10.45
Put-call-
Expiry16 Oct 2026
Contracts3
Avg IV8.71
Put-call-
Expiry20 Nov 2026
Contracts1
Avg IV0.00
Put-call-
Expiry19 Feb 2027
Contracts3
Avg IV4.70
Put-call-

Skew

Call/put IV balance

OTM demand
18 Sep 2026Incomplete skew
Call IV-
Put IV-
Skew-
16 Oct 2026Incomplete skew
Call IV-
Put IV12.88
Skew-
20 Nov 2026Incomplete skew
Call IV-
Put IV-
Skew-
19 Feb 2027Incomplete skew
Call IV-
Put IV5.83
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractCTSO261016P00007500
SidePut
Expiry16 Oct 2026
Strike7.50
Volume-
OI3
IV13.25
ContractCTSO260918C00005000
SideCall
Expiry18 Sep 2026
Strike5.00
Volume-
OI1
IV7.95
ContractCTSO260918C00002500
SideCall
Expiry18 Sep 2026
Strike2.50
Volume-
OI1
IV12.95
ContractCTSO261016P00002500
SidePut
Expiry16 Oct 2026
Strike2.50
Volume-
OI1
IV-
ContractCTSO261016P00005000
SidePut
Expiry16 Oct 2026
Strike5.00
Volume-
OI1
IV12.88
ContractCTSO270219P00002500
SidePut
Expiry19 Feb 2027
Strike2.50
Volume-
OI-
IV4.80
ContractCTSO270219P00005000
SidePut
Expiry19 Feb 2027
Strike5.00
Volume-
OI-
IV5.83
ContractCTSO260918P00007500
SidePut
Expiry18 Sep 2026
Strike7.50
Volume2
OI4
IV-

Evidence context