Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
EFOR options intelligence
Everforth, Inc. options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
30
Market data through 30 Jul 2026
Checked 30 Jul 2026 18:29 · complete available chain
Options-market disagreement
Mixed pressure
EFOR currently carries mixed options pressure with a 30/100 conviction score. The nearest-chain expected move is 37.9%, with volume/open-interest participation at 0.14.
Expected move
37.9%
Wider near-term move priced
Activity / OI
0.14
Current volume is quieter versus prior open interest
Put-call
0.80
Balanced tape
Trend fit
39
Options are not fully confirming trend
Weekly backdrop
+38.1%
RS -33.5
Expected move
37.9%
Put-call volume
0.80
Volume / OI
0.14
Reference IV
1.02
Max pain
17.50
Underlying
20.60
Nearest expiry
21 Aug 2026
Contracts
72
Research Brief
EFOR has a mixed chain read with 30/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 12.80–28.40; The largest call open-interest concentration is 17.50; the largest put concentration is 17.50. The most active strike by current volume is 20.00.
Priced range12.80–28.40
Call concentration17.50
Put concentration17.50
Max pain reference17.50
- A clear directional pressure reading develops and price begins to agree.
- 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
Options imply 12.80 to 28.40. Max pain at 17.50 sits inside that range, 15.0% below spot.
Spot
Max pain
12.8020.60 ± 7.8028.40
Confirmation level
A close beyond 28.40 or below 12.80 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 30/100
Pressure is 16/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure16 × 42%
+6.5
How strongly activity leans toward calls or puts.
Participation19 × 22%
+4.3
Volume relative to existing open interest and contract-level activity.
Trend agreement39 × 26%
+10.0
How closely the chain read agrees with the underlying trend backdrop.
Volatility96 × 10%
+9.6
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
The largest call open-interest concentration is 17.50; the largest put concentration is 17.50. The most active strike by current volume is 20.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
113
10.00-51.5%
0
17
12.50-39.3%
1
39
15.00-27.2%
0
851
17.50-15.0%
294
50
20.00-2.9%
152
2
22.509.2%
94
0
25.0021.4%
53
0
30.0045.6%
99
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Front-loaded volatility
Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.
1.02
21 Aug
22d
0.81
18 Sep
50d
0.81
18 Dec
141d
0.85
19 Mar
232d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
18
20
23
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
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
Retained chain100%
Implied volatility100%
Two-sided quotes88%
Open interest90%
- Chain status
- Complete available chain
- Market date
- 30 Jul 2026
- Calculation
- v2.0
- Contracts
- 72 / 72
- 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
Multi-expiry position-maintenance candidate
Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.
The options read is mixed, so divergence is not strong enough to classify.
Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $305343 of estimated gross traded notional, calls · 91+ days · itm, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+16
1W price+38.1%
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
0.14
Volume divided by open interest across the visible chain.
Trend fit
39/100
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.
Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.
Calls · 91+ days · ITM
calls cluster with 120 contracts traded, $150840 estimated gross traded notional, and 49% of visible notional.
$150840
Calls · 46-90 days · OTM
calls cluster with 202 contracts traded, $50303 estimated gross traded notional, and 16% of visible notional.
$50303
Calls · 91+ days · OTM
calls cluster with 56 contracts traded, $28052 estimated gross traded notional, and 9% of visible notional.
$28052
Puts · 46-90 days · ITM
puts cluster with 110 contracts traded, $19118 estimated gross traded notional, and 6% of visible notional.
$19118
Calls · 22-45 days · ITM
calls cluster with 21 contracts traded, $16990 estimated gross traded notional, and 6% of visible notional.
$16990
Setup Classification
Opportunity and risk frame
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
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
Close28.44
1W+38.1%
RS-33.5
Fair value-58.3%
Options pressure16
Speculation19
Volatility96
Trend fit39
Today Versus Normal
Stored-options context
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 11:15
Bullish
Pressure 56
Move 25.7%
30 Jul 11:02
Bullish
Pressure 30
Move 26.9%
30 Jul 17:29
Mixed
Pressure 16
Move 37.9%
Strike Map
Where activity is clustering
Strike10.00
Calls · V 0 · OI 0
Puts · V 10 · OI 113
Strike12.50
Calls · V 1 · OI 1
Puts · V 1 · OI 17
Strike15.00
Calls · V 0 · OI 0
Puts · V 10 · OI 39
Strike17.50
Calls · V 1 · OI 294
Puts · V 12 · OI 851
Strike20.00
Calls · V 19 · OI 152
Puts · V 11 · OI 50
Strike22.50
Calls · V 11 · OI 94
Puts · V 2 · OI 2
Strike25.00
Calls · V 3 · OI 53
Puts · V 0 · OI 0
Strike30.00
Calls · V 7 · OI 99
Puts · V 0 · OI 0
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts12
Avg IV1.02
Put-call1.10
Expiry18 Sep 2026
Contracts33
Avg IV0.81
Put-call1.05
Expiry18 Dec 2026
Contracts24
Avg IV0.81
Put-call0.41
Expiry19 Mar 2027
Contracts3
Avg IV0.85
Put-call-
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV0.63
Put IV0.85
Skew0.22
18 Sep 2026Put IV premium
Call IV0.65
Put IV1.09
Skew0.44
18 Dec 2026Balanced skew
Call IV0.78
Put IV0.83
Skew0.05
19 Mar 2027Incomplete skew
Call IV-
Put IV0.78
Skew-
Contract Tape
Most active contracts
ContractEFOR260918P00075000
SidePut
Expiry18 Sep 2026
Strike75.00
Volume-
OI-
IV-
ContractEFOR260918P00065000
SidePut
Expiry18 Sep 2026
Strike65.00
Volume-
OI-
IV-
ContractEFOR260918C00070000
SideCall
Expiry18 Sep 2026
Strike70.00
Volume-
OI-
IV-
ContractEFOR260918C00065000
SideCall
Expiry18 Sep 2026
Strike65.00
Volume-
OI-
IV-
ContractEFOR260918C00060000
SideCall
Expiry18 Sep 2026
Strike60.00
Volume-
OI-
IV-
ContractEFOR260918P00055000
SidePut
Expiry18 Sep 2026
Strike55.00
Volume-
OI-
IV-
ContractEFOR260918C00075000
SideCall
Expiry18 Sep 2026
Strike75.00
Volume-
OI-
IV-
ContractEFOR261218P00005000
SidePut
Expiry18 Dec 2026
Strike5.00
Volume-
OI15
IV2.42
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
No recent market-watch posts yet.
Earnings
No upcoming matched earnings event.
Plain English Guide
Options context
What usually looks constructive
What usually looks cautious
Options can move quickly and can lose value fast. Treat this as research context, not a buy or sell instruction.