Ticker Options Intelligence

INSW options intelligence

International Seaways Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 62 Market data through 30 Jul 2026 Checked 30 Jul 2026 20:53 · complete available chain

Volatility expansion watch

Volatility pressure

INSW currently carries volatility options pressure with a 62/100 conviction score. The nearest-chain expected move is 12.4%, with volume/open-interest participation at 0.30.

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

Volatility expansion watch

Expected move 12.4%

Wider near-term move priced

Activity / OI 0.30

Current volume is quieter versus prior open interest

Put-call 0.07

Call-side skew

Trend fit 21

Options are not fully confirming trend

Weekly backdrop +6.4%

RS 46.5

Expected move 12.4%
Put-call volume 0.07
Volume / OI 0.30
Reference IV 0.59
Max pain 90.00
Underlying 92.28
Nearest expiry 21 Aug 2026
Contracts 111

Research Brief

INSW has a volatility chain read with 62/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 80.81–103.75; The largest call open-interest concentration is 100.00; the largest put concentration is 90.00. The most active strike by current volume is 100.00.

Priced range80.81–103.75
Call concentration100.00
Put concentration90.00
Max pain reference90.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • 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 80.81 to 103.75. Max pain at 90.00 sits inside that range, 2.5% below spot.

Spot Max pain
80.8192.28 ± 11.47103.75
Confirmation level

A close beyond 103.75 or below 80.81 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 62/100

Evidence alignment, not probability

Pressure is 90/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure90 × 42%
+37.8

How strongly activity leans toward calls or puts.

Participation47 × 22%
+10.3

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

Trend agreement21 × 26%
+5.6

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

Volatility81 × 10%
+8.1

The intensity of implied volatility and the priced move.

Reconstructed score61.8Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 100.00; the largest put concentration is 90.00. The most active strike by current volume is 100.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
23
65.00-29.6%
4
83
70.00-24.1%
2
36
75.00-18.7%
4
85
80.00-13.3%
18
77
85.00-7.9%
36
118
90.00-2.5%
490
76
95.002.9%
1054
0
100.008.4%
3503
0
105.0013.8%
136
0
110.0019.2%
71
0
115.0024.6%
3
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.

0.59 21 Aug 22d
0.66 18 Sep 50d
0.51 18 Dec 141d
0.51 19 Mar 232d

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.

75
80
85
90
95
100
105
110
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

A99/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest99%
Chain status
Complete available chain
Market date
30 Jul 2026
Calculation
v2.0
Contracts
111 / 111
  • 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

82/100
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 Volatility flow versus price

Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $3.0M of estimated gross traded notional, calls · 22-45 days · otm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+90
1W price+6.4%
Call premium89%
Put premium11%
Notional split C 89% / P 11% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.30 Volume divided by open interest across the visible chain.
Trend fit 21/100 Agreement between options pressure and Sharemaestro market context.
Event window 5 Aug Matched earnings event is 5 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 · 22-45 days · OTM
Calls · 22-45 days · OTM calls cluster with 3520 contracts traded, $1.4M estimated gross traded notional, and 45% of visible notional.
$1.4M
Calls · 91+ days · ITM calls cluster with 265 contracts traded, $1.1M estimated gross traded notional, and 35% of visible notional.
$1.1M
Calls · 46-90 days · ITM calls cluster with 70 contracts traded, $208915 estimated gross traded notional, and 7% of visible notional.
$208915
Puts · 46-90 days · ITM puts cluster with 49 contracts traded, $171120 estimated gross traded notional, and 6% of visible notional.
$171120
Puts · 91+ days · ITM puts cluster with 58 contracts traded, $117775 estimated gross traded notional, and 4% of visible notional.
$117775

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 Crowded strike risk

Underlying price is close to the max-pain zone.

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
Close92.28
1W+6.4%
RS46.5
Fair value+109.2%
Options pressure90
Speculation47
Volatility81
Trend fit21

Today Versus Normal

Stored-options context

View history
Expected move 12.4% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 0.59 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 0.07 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.30 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 10:44 Volatility
Pressure 68
Move 13.1%
30 Jul 10:40 Volatility
Pressure 99
Move 13.5%
30 Jul 19:53 Volatility
Pressure 90
Move 12.4%

Strike Map

Where activity is clustering

Full strike map
Strike65.00
Calls · V 4 · OI 4
Puts · V 11 · OI 23
Strike70.00
Calls · V 1 · OI 2
Puts · V 5 · OI 83
Strike75.00
Calls · V 1 · OI 4
Puts · V 2 · OI 36
Strike80.00
Calls · V 4 · OI 18
Puts · V 4 · OI 85
Strike85.00
Calls · V 2 · OI 36
Puts · V 1 · OI 77
Strike90.00
Calls · V 4 · OI 490
Puts · V 56 · OI 118
Strike95.00
Calls · V 7 · OI 1054
Puts · V 9 · OI 76
Strike100.00
Calls · V 3500 · OI 3503
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts18
Avg IV0.59
Put-call0.02
Expiry18 Sep 2026
Contracts36
Avg IV0.66
Put-call0.63
Expiry18 Dec 2026
Contracts42
Avg IV0.51
Put-call0.36
Expiry19 Mar 2027
Contracts15
Avg IV0.51
Put-call3.00

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.57
Put IV0.57
Skew0.01
18 Sep 2026Balanced skew
Call IV0.60
Put IV0.65
Skew0.04
18 Dec 2026Put IV premium
Call IV0.47
Put IV0.56
Skew0.09
19 Mar 2027Put IV premium
Call IV0.47
Put IV0.54
Skew0.07

Contract Tape

Most active contracts

Full contract tape
ContractINSW270319C00100000
SideCall
Expiry19 Mar 2027
Strike100.00
Volume-
OI-
IV0.47
ContractINSW270319C00085000
SideCall
Expiry19 Mar 2027
Strike85.00
Volume-
OI9
IV0.46
ContractINSW261218P00030000
SidePut
Expiry18 Dec 2026
Strike30.00
Volume-
OI4
IV0.50
ContractINSW260918C00125000
SideCall
Expiry18 Sep 2026
Strike125.00
Volume-
OI3
IV0.59
ContractINSW270319P00120000
SidePut
Expiry19 Mar 2027
Strike120.00
Volume-
OI2
IV0.55
ContractINSW270319C00050000
SideCall
Expiry19 Mar 2027
Strike50.00
Volume-
OI1
IV0.66
ContractINSW261218P00130000
SidePut
Expiry18 Dec 2026
Strike130.00
Volume-
OI1
IV1.21
ContractINSW270319P00090000
SidePut
Expiry19 Mar 2027
Strike90.00
Volume-
OI1
IV0.54