Ticker Options Intelligence

FOX options intelligence

Fox Corp Class B options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 50 Market data through 30 Jul 2026 Checked 31 Jul 2026 11:05 · complete available chain

Call-side pressure

Bullish pressure

FOX currently carries bullish options pressure with a 50/100 conviction score. The nearest-chain expected move is 8.7%, with volume/open-interest participation at 0.01.

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

Call-side pressure

Expected move 8.7%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 0.00

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop +5.1%

RS -15.2

Expected move 8.7%
Put-call volume -
Volume / OI 0.01
Reference IV 0.38
Max pain 45.00
Underlying 49.41
Nearest expiry 21 Aug 2026
Contracts 88

Research Brief

FOX has a bullish chain read with 50/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 45.11–53.71; The largest call open-interest concentration is 50.00; the largest put concentration is 25.00. The most active strike by current volume is 60.00.

Priced range45.11–53.71
Call concentration50.00
Put concentration25.00
Max pain reference45.00
What would confirm it
  • Price holds or improves while call-side concentration remains elevated.
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.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 45.11 to 53.71. Max pain at 45.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
45.1149.41 ± 4.3053.71
Confirmation level

A close beyond 53.71 or below 45.11 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 50/100

Evidence alignment, not probability

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

Directional pressure100 × 42%
+42.0

How strongly activity leans toward calls or puts.

Participation8 × 22%
+1.8

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.

Volatility62 × 10%
+6.2

The intensity of implied volatility and the priced move.

Reconstructed score50.0Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 50.00; the largest put concentration is 25.00. The most active strike by current volume is 60.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
35
25.00-49.4%
0
0
30.00-39.3%
0
0
35.00-29.2%
5
16
40.00-19.0%
36
23
45.00-8.9%
35
23
50.001.2%
196
4
55.0011.3%
30
6
60.0021.4%
21
0
65.0031.6%
1
0
70.0041.7%
3
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

0.98× front/back

Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.

0.38 21 Aug 22d
0.29 18 Sep 50d
0.30 16 Oct 78d
0.39 15 Jan 169d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.

40
45
50
55
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

Usable with limits

C69/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
30 Jul 2026
Calculation
v2.0
Contracts
88 / 88
  • 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

81/100
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 Bullish flow confirms price

Options pressure and weekly price action are pointing in the same constructive direction.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $7878 of estimated gross traded notional, calls · 91+ days · itm, and a bullish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+100
1W price+5.1%
Call premium100%
Put premium0%
Notional split C 100% / P 0% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.01 Volume divided by open interest across the visible chain.
Trend fit 0/100 Agreement between options pressure and Sharemaestro market context.
Event window 4 Aug Matched earnings event is 3 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 Calls · 91+ days · ITM
Calls · 91+ days · ITM calls cluster with 3 contracts traded, $4340 estimated gross traded notional, and 55% of visible notional.
$4340
Calls · 91+ days · OTM calls cluster with 4 contracts traded, $1430 estimated gross traded notional, and 18% of visible notional.
$1430
Calls · 91+ days · ATM calls cluster with 2 contracts traded, $1330 estimated gross traded notional, and 17% of visible notional.
$1330
Calls · 8-21 days · OTM calls cluster with 10 contracts traded, $350 estimated gross traded notional, and 4% of visible notional.
$350
Calls · 8-21 days · ATM calls cluster with 1 contracts traded, $315 estimated gross traded notional, and 4% of visible notional.
$315

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.

Warning Bullish pressure over fair value

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

Sharemaestro weekly
Close51.94
1W+5.1%
RS-15.2
Fair value+20.2%
Options pressure100
Speculation8
Volatility62
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 8.7% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 0.38 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 0.00 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.01 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:16 Bullish
Pressure 27
Move 9.9%
30 Jul 10:12 Bullish
Pressure 98
Move 11.0%
31 Jul 10:05 Bullish
Pressure 100
Move 8.7%

Strike Map

Where activity is clustering

Full strike map
Strike25.00
Calls · V 0 · OI 0
Puts · V 0 · OI 35
Strike30.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike35.00
Calls · V 0 · OI 5
Puts · V 0 · OI 0
Strike40.00
Calls · V 0 · OI 36
Puts · V 0 · OI 16
Strike45.00
Calls · V 0 · OI 35
Puts · V 0 · OI 23
Strike50.00
Calls · V 1 · OI 196
Puts · V 0 · OI 23
Strike55.00
Calls · V 0 · OI 30
Puts · V 0 · OI 4
Strike60.00
Calls · V 10 · OI 21
Puts · V 0 · OI 6

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts20
Avg IV0.38
Put-call-
Expiry18 Sep 2026
Contracts22
Avg IV0.29
Put-call-
Expiry16 Oct 2026
Contracts20
Avg IV0.30
Put-call-
Expiry15 Jan 2027
Contracts26
Avg IV0.39
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.41
Put IV0.56
Skew0.16
18 Sep 2026Call IV premium
Call IV0.39
Put IV0.18
Skew-0.20
16 Oct 2026Put IV premium
Call IV0.36
Put IV0.43
Skew0.08
15 Jan 2027Balanced skew
Call IV0.36
Put IV0.41
Skew0.05

Contract Tape

Most active contracts

Full contract tape
ContractFOX260821C00060000
SideCall
Expiry21 Aug 2026
Strike60.00
Volume10
OI21
IV0.45
ContractFOX270115C00055000
SideCall
Expiry15 Jan 2027
Strike55.00
Volume2
OI243
IV0.38
ContractFOX270115C00050000
SideCall
Expiry15 Jan 2027
Strike50.00
Volume2
OI216
IV0.36
ContractFOX270115C00045000
SideCall
Expiry15 Jan 2027
Strike45.00
Volume2
OI97
IV0.41
ContractFOX270115C00060000
SideCall
Expiry15 Jan 2027
Strike60.00
Volume2
OI82
IV0.35
ContractFOX260821C00050000
SideCall
Expiry21 Aug 2026
Strike50.00
Volume1
OI196
IV0.33
ContractFOX261016C00060000
SideCall
Expiry16 Oct 2026
Strike60.00
Volume1
OI104
IV0.36
ContractFOX270115C00030000
SideCall
Expiry15 Jan 2027
Strike30.00
Volume1
OI1
IV0.01