Ticker Options Intelligence

PSMT options intelligence

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

Conviction 52 Market data through 31 Jul 2026 Checked 1 Aug 2026 00:45 · complete available chain

Call-side pressure

Bullish pressure

PSMT currently carries bullish options pressure with a 52/100 conviction score. The nearest-chain expected move is 7.4%, with volume/open-interest participation at 0.48.

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

Call-side pressure

Expected move 7.4%

Wider near-term move priced

Activity / OI 0.48

Current volume is quieter versus prior open interest

Put-call 0.29

Call-side skew

Trend fit 48

Options are not fully confirming trend

Weekly backdrop +4.1%

RS 24.3

Expected move 7.4%
Put-call volume 0.29
Volume / OI 0.48
Reference IV 0.45
Max pain 190.00
Underlying 186.24
Nearest expiry 21 Aug 2026
Contracts 50

Research Brief

PSMT has a bullish chain read with 52/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 172.47–200.01; The largest call open-interest concentration is 190.00; the largest put concentration is 175.00. The most active strike by current volume is 190.00.

Priced range172.47–200.01
Call concentration190.00
Put concentration175.00
Max pain reference190.00
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 172.47 to 200.01. Max pain at 190.00 sits inside that range, 2.0% above spot.

Spot Max pain
172.47186.24 ± 13.77200.01
Confirmation level

A close beyond 200.01 or below 172.47 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 52/100

Evidence alignment, not probability

Pressure is 52/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure52 × 42%
+21.9

How strongly activity leans toward calls or puts.

Participation51 × 22%
+11.2

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

Trend agreement48 × 26%
+12.4

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

Volatility61 × 10%
+6.1

The intensity of implied volatility and the priced move.

Reconstructed score51.6Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 190.00; the largest put concentration is 175.00. The most active strike by current volume is 190.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
10
175.00-6.0%
0
0
180.00-3.4%
2
1
185.00-0.7%
2
0
190.002.0%
132
0
195.004.7%
8
2
200.007.4%
1
7
210.0012.8%
3
0
240.0028.9%
2
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

1.09× front/back

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

0.45 21 Aug 21d
0.38 18 Sep 49d
0.29 16 Oct 77d
0.41 15 Jan 168d

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.

175
180
185
190
195
200
210
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

A95/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
50 / 50
  • 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

69/100
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 confirms price

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

Why this matters

Call activity against legacy put OI matters because it connects the options headline to the actual evidence: $388670 of estimated gross traded notional, calls · 46-90 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+52
1W price+4.1%
Call premium86%
Put premium14%
Notional split C 86% / P 14% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.48 Volume divided by open interest across the visible chain.
Trend fit 48/100 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 · 46-90 days · ITM
Calls · 46-90 days · ITM calls cluster with 32 contracts traded, $153280 estimated gross traded notional, and 39% of visible notional.
$153280
Calls · 8-21 days · ATM calls cluster with 138 contracts traded, $107910 estimated gross traded notional, and 28% of visible notional.
$107910
Calls · 91+ days · ITM calls cluster with 14 contracts traded, $59290 estimated gross traded notional, and 15% of visible notional.
$59290
Puts · 8-21 days · ITM puts cluster with 32 contracts traded, $42880 estimated gross traded notional, and 11% of visible notional.
$42880
Puts · 91+ days · OTM puts cluster with 15 contracts traded, $7090 estimated gross traded notional, and 2% of visible notional.
$7090

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.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

Warning Bullish pressure over fair value

Call pressure is building while the stock sits above Sharemaestro fair value.

Activity Anomaly

Warming up

-

3 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.

Baseline: 3 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close193.91
1W+4.1%
RS24.3
Fair value+86.3%
Options pressure52
Speculation51
Volatility61
Trend fit48

Today Versus Normal

Stored-options context

View history
Expected move 7.4% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.45 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.29 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.48 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:39 Bullish
Pressure 96
Move 7.3%
30 Jul 10:35 Mixed
Pressure -3
Move 7.6%
31 Jul 02:48 Mixed
Pressure -3
Move 7.5%
31 Jul 23:45 Bullish
Pressure 52
Move 7.4%

Strike Map

Where activity is clustering

Full strike map
Strike175.00
Calls · V 0 · OI 0
Puts · V 1 · OI 10
Strike180.00
Calls · V 0 · OI 2
Puts · V 0 · OI 0
Strike185.00
Calls · V 6 · OI 2
Puts · V 2 · OI 1
Strike190.00
Calls · V 132 · OI 132
Puts · V 0 · OI 0
Strike195.00
Calls · V 2 · OI 8
Puts · V 10 · OI 0
Strike200.00
Calls · V 3 · OI 1
Puts · V 2 · OI 2
Strike210.00
Calls · V 1 · OI 3
Puts · V 20 · OI 7
Strike240.00
Calls · V 0 · OI 2
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts12
Avg IV0.45
Put-call0.24
Expiry18 Sep 2026
Contracts2
Avg IV0.38
Put-call1.00
Expiry16 Oct 2026
Contracts21
Avg IV0.29
Put-call0.18
Expiry15 Jan 2027
Contracts15
Avg IV0.41
Put-call0.83

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.41
Put IV0.67
Skew0.26
18 Sep 2026Incomplete skew
Call IV-
Put IV-
Skew-
16 Oct 2026Balanced skew
Call IV0.37
Put IV0.41
Skew0.04
15 Jan 2027Balanced skew
Call IV0.41
Put IV0.39
Skew-0.02

Contract Tape

Most active contracts

Full contract tape
ContractPSMT270115C00250000
SideCall
Expiry15 Jan 2027
Strike250.00
Volume-
OI15
IV0.38
ContractPSMT261016P00185000
SidePut
Expiry16 Oct 2026
Strike185.00
Volume-
OI7
IV0.37
ContractPSMT270115C00230000
SideCall
Expiry15 Jan 2027
Strike230.00
Volume-
OI6
IV0.40
ContractPSMT270115C00240000
SideCall
Expiry15 Jan 2027
Strike240.00
Volume-
OI5
IV0.39
ContractPSMT261016C00200000
SideCall
Expiry16 Oct 2026
Strike200.00
Volume-
OI2
IV0.37
ContractPSMT260821C00180000
SideCall
Expiry21 Aug 2026
Strike180.00
Volume-
OI2
IV0.48
ContractPSMT270115C00280000
SideCall
Expiry15 Jan 2027
Strike280.00
Volume-
OI2
IV0.48
ContractPSMT261016C00240000
SideCall
Expiry16 Oct 2026
Strike240.00
Volume-
OI2
IV0.50