Ticker Options Intelligence

CNXC options intelligence

Concentrix Corporation options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 49 Market data through 30 Jul 2026 Checked 30 Jul 2026 21:18 · complete available chain

Volatility expansion watch

Volatility pressure

CNXC currently carries volatility options pressure with a 49/100 conviction score. The nearest-chain expected move is 21.1%, with volume/open-interest participation at 0.07.

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

Volatility expansion watch

Expected move 21.1%

Wider near-term move priced

Activity / OI 0.07

Current volume is quieter versus prior open interest

Put-call 1.57

Put-side skew

Trend fit 81

Options agree with trend context

Weekly backdrop -7.4%

RS -43.7

Expected move 21.1%
Put-call volume 1.57
Volume / OI 0.07
Reference IV 0.84
Max pain 22.50
Underlying 22.25
Nearest expiry 21 Aug 2026
Contracts 77

Research Brief

CNXC has a volatility chain read with 49/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 17.55–26.95; The largest call open-interest concentration is 25.00; the largest put concentration is 22.50. The most active strike by current volume is 25.00.

Priced range17.55–26.95
Call concentration25.00
Put concentration22.50
Max pain reference22.50
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • 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 17.55 to 26.95. Max pain at 22.50 sits inside that range, 1.1% above spot.

Spot Max pain
17.5522.25 ± 4.7026.95
Confirmation level

A close beyond 26.95 or below 17.55 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 49/100

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.

Participation39 × 22%
+8.5

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

Trend agreement81 × 26%
+21.2

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 score49.1Matches 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 22.50. The most active strike by current volume is 25.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
218
15.00-32.6%
0
178
17.50-21.3%
1
326
20.00-10.1%
39
353
22.501.1%
179
71
25.0012.4%
683
6
30.0034.8%
536
10
35.0057.3%
149
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.17× front/back

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

0.84 21 Aug 22d
0.87 18 Sep 50d
0.88 16 Oct 78d
0.81 18 Dec 141d
0.72 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.

20
23
25
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

A96/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
30 Jul 2026
Calculation
v2.0
Contracts
77 / 77
  • 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

Volatility expansion bet

92/100
Primary intent Volatility expansion bet

The strongest message is movement risk: expected move and implied volatility are carrying more signal than 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

Volatility expansion bet matters because it connects the options headline to the actual evidence: $375524 of estimated gross traded notional, calls · 46-90 days · itm, 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-24
1W price-7.4%
Call premium54%
Put premium46%
Notional split C 54% / P 46% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.07 Volume divided by open interest across the visible chain.
Trend fit 81/100 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 Calls · 46-90 days · ITM
Calls · 46-90 days · ITM calls cluster with 89 contracts traded, $82470 estimated gross traded notional, and 22% of visible notional.
$82470
Calls · 91+ days · ITM calls cluster with 65 contracts traded, $58325 estimated gross traded notional, and 16% of visible notional.
$58325
Puts · 46-90 days · ITM puts cluster with 109 contracts traded, $57560 estimated gross traded notional, and 15% of visible notional.
$57560
Puts · 91+ days · ITM puts cluster with 62 contracts traded, $52220 estimated gross traded notional, and 14% of visible notional.
$52220
Puts · 91+ days · ATM puts cluster with 97 contracts traded, $31768 estimated gross traded notional, and 8% of visible notional.
$31768

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 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
Close22.25
1W-7.4%
RS-43.7
Fair value-57.2%
Options pressure-24
Speculation39
Volatility96
Trend fit81

Today Versus Normal

Stored-options context

View history
Expected move 21.1% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 0.84 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 1.57 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.07 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 11:05 Mixed
Pressure 9
Move 23.1%
30 Jul 10:53 Volatility
Pressure 86
Move 24.6%
30 Jul 17:26 Volatility
Pressure -24
Move 21.6%
30 Jul 20:18 Volatility
Pressure -24
Move 21.1%

Strike Map

Where activity is clustering

Full strike map
Strike15.00
Calls · V 27 · OI 0
Puts · V 14 · OI 218
Strike17.50
Calls · V 0 · OI 1
Puts · V 1 · OI 178
Strike20.00
Calls · V 6 · OI 39
Puts · V 34 · OI 326
Strike22.50
Calls · V 2 · OI 179
Puts · V 26 · OI 353
Strike25.00
Calls · V 6 · OI 683
Puts · V 54 · OI 71
Strike30.00
Calls · V 21 · OI 536
Puts · V 2 · OI 6
Strike35.00
Calls · V 5 · OI 149
Puts · V 10 · OI 10

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts14
Avg IV0.84
Put-call2.10
Expiry18 Sep 2026
Contracts10
Avg IV0.87
Put-call0.08
Expiry16 Oct 2026
Contracts19
Avg IV0.88
Put-call1.81
Expiry18 Dec 2026
Contracts16
Avg IV0.81
Put-call11.73
Expiry15 Jan 2027
Contracts18
Avg IV0.72
Put-call0.23

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV1.08
Put IV0.81
Skew-0.27
18 Sep 2026Call IV premium
Call IV0.88
Put IV0.82
Skew-0.06
16 Oct 2026Call IV premium
Call IV0.97
Put IV0.81
Skew-0.16
18 Dec 2026Call IV premium
Call IV0.86
Put IV0.77
Skew-0.09
15 Jan 2027Balanced skew
Call IV0.81
Put IV0.83
Skew0.02

Contract Tape

Most active contracts

Full contract tape
ContractCNXC260918C00020000
SideCall
Expiry18 Sep 2026
Strike20.00
Volume-
OI11
IV0.94
ContractCNXC261218P00015000
SidePut
Expiry18 Dec 2026
Strike15.00
Volume-
OI6
IV0.92
ContractCNXC261218P00035000
SidePut
Expiry18 Dec 2026
Strike35.00
Volume-
OI5
IV0.67
ContractCNXC270115P00035000
SidePut
Expiry15 Jan 2027
Strike35.00
Volume-
OI5
IV0.67
ContractCNXC260918P00022500
SidePut
Expiry18 Sep 2026
Strike22.50
Volume-
OI3
IV0.78
ContractCNXC261218C00012500
SideCall
Expiry18 Dec 2026
Strike12.50
Volume-
OI2
IV1.19
ContractCNXC270115P00040000
SidePut
Expiry15 Jan 2027
Strike40.00
Volume-
OI2
IV0.76
ContractCNXC260918C00022500
SideCall
Expiry18 Sep 2026
Strike22.50
Volume-
OI1
IV0.88