Ticker Options Intelligence

TIMB options intelligence

TIM Participacoes SA options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 41 Market data through 11 Aug 2026 Checked 12 Aug 2026 12:01 · complete available chain

Call-side pressure

Bullish pressure

TIMB currently carries bullish options pressure with a 41/100 conviction score. The nearest-chain expected move is 7.8%, 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 Bullish

Call-side pressure

Expected move 7.8%

Wider near-term move priced

Activity / OI 0.10

Current volume is quieter versus prior open interest

Put-call 0.13

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop -3.9%

RS -25.6

Expected move 7.8%
Put-call volume 0.13
Volume / OI 0.10
Reference IV 0.47
Max pain 25.00
Underlying 18.43
Nearest expiry 21 Aug 2026
Contracts 70

Research Brief

TIMB has a bullish 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 16.99–19.87; The largest call open-interest concentration is 25.00; the largest put concentration is 25.00. The most active strike by current volume is 12.50.

Priced range16.99–19.87
Call concentration25.00
Put concentration25.00
Max pain reference25.00
What would confirm it
  • Price holds or improves while call-side concentration remains elevated.
  • Participation is above the ticker's stored normal, which makes the read more noteworthy.
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.
  • 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 16.99 to 19.87. Max pain at 25.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
16.9918.43 ± 1.4419.87
Confirmation level

A close beyond 19.87 or below 16.99 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 41/100

Evidence alignment, not probability

Pressure is 75/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure75 × 42%
+31.4

How strongly activity leans toward calls or puts.

Participation16 × 22%
+3.6

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

Trend agreement0 × 26%
+0.0

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

Volatility64 × 10%
+6.4

The intensity of implied volatility and the priced move.

Reconstructed score41.4Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 25.00; the largest put concentration is 25.00. The most active strike by current volume is 12.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
1
12.50-32.2%
0
8
15.00-18.6%
0
0
17.50-5.0%
3
83
20.008.5%
8
23
22.5022.1%
22
458
25.0035.6%
206
0
30.0062.8%
80
0
35.0089.9%
8
0
40.00117.0%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Balanced gamma proxy

Reported Greeks · 92% coverage

Call- and put-side gamma sensitivity is broadly balanced across the retained chain. Individual strike concentrations may still matter more than the chain-wide net.

Net profile+$2,288Delta change / 1% move
Positive peak20.00+$4,817
Negative peak25.00-$1,534
Nearest balance17.90Interpolated sign change
StrikeNegativePositiveNet / 1% move
12.50-32.2%
-$1
15.00-18.6%
-$110
17.50-5.0%
-$905
20.008.5%
+$4,817
22.5022.1%
+$71
25.0035.6%
-$1,534
30.0062.8%
-$75
35.0089.9%
+$14
40.00117.0%
+$11
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

1.74× front/back

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

0.47 21 Aug 10d
0.32 18 Sep 38d
0.31 20 Nov 101d
0.27 19 Feb 192d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

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

15
18
20
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 matured · 0 directional

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
  • Auditable calculationoriginal version retained
  • Independent entryone read per market session
  • Point-in-time referencerequired at entry
  • Matched expiry closereported only after maturity

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 volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
11 Aug 2026
Calculation
v2.0
Contracts
70 / 70
  • 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

Call activity against legacy put OI

58/100
Primary intent Call activity against legacy put OI

Call activity is dominant while put open interest remains large but current put volume is not leading.

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

Call activity against legacy put OI matters because it connects the options headline to the actual evidence: $6,120 of estimated gross traded notional, calls · 22-45 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+75
1W price-3.9%
Call premium88%
Put premium12%
Notional split C 88% / P 12% 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 0/100 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. Do not infer a hedge unwind without next-session open-interest changes and opening/closing data.
Conviction clusters Calls · 22-45 days · OTM
Calls · 22-45 days · OTM calls cluster with 120 contracts traded, $3,300 estimated gross traded notional, and 54% of visible notional.
$3,300
Calls · 22-45 days · ITM calls cluster with 5 contracts traded, $2,088 estimated gross traded notional, and 34% of visible notional.
$2,088
Puts · 22-45 days · OTM puts cluster with 14 contracts traded, $525 estimated gross traded notional, and 9% of visible notional.
$525
Puts · 91+ days · OTM puts cluster with 2 contracts traded, $208 estimated gross traded notional, and 3% of visible notional.
$208

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.

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Activity Anomaly

Above normal

80

Activity is running above the recent historical baseline.

Baseline: 10 completed sessions

Volume rank80th
Volume/OI rank80th
IV rank80th

Market Context

Underlying confirmation

Sharemaestro weekly
Close18.43
1W-3.9%
RS-25.6
Fair value+11.0%
Options pressure75
Speculation16
Volatility64
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 7.8% muted
30d avg 11.5% · 10 sessions 20th
90d avg - · 10/30 sessions -
180d avg - · 10/60 sessions -
IV 0.47 elevated
30d avg 0.46 · 10 sessions 80th
90d avg - · 10/30 sessions -
180d avg - · 10/60 sessions -
Put-call 0.13 history building
30d avg - · 8/10 sessions -
90d avg - · 8/30 sessions -
180d avg - · 8/60 sessions -
Volume/OI 0.10 elevated
30d avg 0.04 · 10 sessions 80th
90d avg - · 10/30 sessions -
180d avg - · 10/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:27 Bearish
Pressure -97
Move 12.2%
30 Jul 10:23 Bearish
Pressure -100
Move 19.2%
30 Jul 15:34 Bullish
Pressure 72
Move 21.8%
1 Aug 14:02 Bullish
Pressure 58
Move 16.7%
1 Aug 23:33 Bullish
Pressure 58
Move 6.8%
4 Aug 10:03 Bearish
Pressure -68
Move 7.9%
5 Aug 10:11 Mixed
Pressure 16
Move 10.6%
6 Aug 10:11 Mixed
Pressure -8
Move 10.5%

Strike Map

Where activity is clustering

Full strike map
Strike12.50
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike15.00
Calls · V 0 · OI 0
Puts · V 0 · OI 8
Strike17.50
Calls · V 0 · OI 3
Puts · V 0 · OI 0
Strike20.00
Calls · V 0 · OI 8
Puts · V 0 · OI 83
Strike22.50
Calls · V 0 · OI 22
Puts · V 0 · OI 23
Strike25.00
Calls · V 0 · OI 206
Puts · V 0 · OI 458
Strike30.00
Calls · V 0 · OI 80
Puts · V 0 · OI 0
Strike35.00
Calls · V 0 · OI 8
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts18
Avg IV0.47
Put-call-
Expiry18 Sep 2026
Contracts14
Avg IV0.32
Put-call0.11
Expiry20 Nov 2026
Contracts18
Avg IV0.31
Put-call-
Expiry19 Feb 2027
Contracts20
Avg IV0.27
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV0.32
Put IV0.12
Skew-0.20
18 Sep 2026Call IV premium
Call IV0.39
Put IV0.28
Skew-0.11
20 Nov 2026Balanced skew
Call IV0.09
Put IV0.04
Skew-0.05
19 Feb 2027Put IV premium
Call IV0.06
Put IV0.40
Skew0.33

Contract Tape

Most active contracts

Full contract tape
ContractTIMB260918C00020000
SideCall
Expiry18 Sep 2026
Strike20.00
Volume120
OI180
IV0.39
ContractTIMB260918P00017500
SidePut
Expiry18 Sep 2026
Strike17.50
Volume14
OI8
IV0.28
ContractTIMB260918C00015000
SideCall
Expiry18 Sep 2026
Strike15.00
Volume5
OI-
IV1.09
ContractTIMB270219P00017500
SidePut
Expiry19 Feb 2027
Strike17.50
Volume1
OI16
IV0.40
ContractTIMB270219P00015000
SidePut
Expiry19 Feb 2027
Strike15.00
Volume1
OI4
IV0.13
ContractTIMB260821P00025000
SidePut
Expiry21 Aug 2026
Strike25.00
Volume-
OI458
IV0.89
ContractTIMB260821C00025000
SideCall
Expiry21 Aug 2026
Strike25.00
Volume-
OI206
IV0.84
ContractTIMB260821P00020000
SidePut
Expiry21 Aug 2026
Strike20.00
Volume-
OI83
IV0.46

Research Graph

Related research and context

Ticker deep links

Related News

No recent ticker-specific news yet.

Market Watch

No recent market-watch posts yet.

Earnings

No upcoming matched earnings event.

Evidence context