Ticker Options Intelligence

KEP options intelligence

Korea Electric Power Corp ADR options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 30 Market data through 30 Jul 2026 Checked 30 Jul 2026 20:50 · complete available chain

Options-market disagreement

Mixed pressure

KEP currently carries mixed options pressure with a 30/100 conviction score. The nearest-chain expected move is 13.1%, with volume/open-interest participation at 0.10.

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

Options-market disagreement

Expected move 13.1%

Wider near-term move priced

Activity / OI 0.10

Current volume is quieter versus prior open interest

Put-call 0.88

Balanced tape

Trend fit 42

Options are not fully confirming trend

Weekly backdrop +6.1%

RS -26.6

Expected move 13.1%
Put-call volume 0.88
Volume / OI 0.10
Reference IV 1.21
Max pain 10.00
Underlying 12.06
Nearest expiry 21 Aug 2026
Contracts 50

Research Brief

KEP 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 10.49–13.63; The largest call open-interest concentration is 10.00; the largest put concentration is 10.00. The most active strike by current volume is 10.00.

Priced range10.49–13.63
Call concentration10.00
Put concentration10.00
Max pain reference10.00
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 10.49 to 13.63. Max pain at 10.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
10.4912.06 ± 1.5713.63
Confirmation level

A close beyond 13.63 or below 10.49 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

Evidence alignment, not probability

Pressure is 11/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure11 × 42%
+4.6

How strongly activity leans toward calls or puts.

Participation22 × 22%
+4.9

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

Trend agreement42 × 26%
+10.9

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 score30.0Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 10.00; the largest put concentration is 10.00. The most active strike by current volume is 10.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
4
2.50-79.3%
0
3
5.00-58.5%
0
1
7.50-37.8%
0
92
10.00-17.1%
50
9
12.503.6%
43
0
15.0024.4%
47
0
17.5045.1%
0
1
20.0065.8%
0
1
22.5086.6%
0
0
25.00107.3%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.87× front/back

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

1.21 21 Aug 22d
0.82 18 Sep 50d
0.69 18 Dec 141d
0.65 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.

10
13
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 quotes96%
Open interest100%
Chain status
Complete available chain
Market date
30 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

Earnings/event positioning

80/100
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 No clean flow/price divergence

The options read is mixed, so divergence is not strong enough to classify.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $63362 of estimated gross traded notional, puts · 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+11
1W price+6.1%
Call premium32%
Put premium68%
Notional split C 32% / P 68% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.10 Volume divided by open interest across the visible chain.
Trend fit 42/100 Agreement between options pressure and Sharemaestro market context.
Event window 12 Aug Matched earnings event is 12 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 Puts · 91+ days · ITM
Puts · 91+ days · ITM puts cluster with 48 contracts traded, $22222 estimated gross traded notional, and 35% of visible notional.
$22222
Puts · 46-90 days · ITM puts cluster with 19 contracts traded, $19528 estimated gross traded notional, and 31% of visible notional.
$19528
Calls · 91+ days · ITM calls cluster with 22 contracts traded, $10395 estimated gross traded notional, and 16% of visible notional.
$10395
Calls · 46-90 days · ITM calls cluster with 13 contracts traded, $4711 estimated gross traded notional, and 7% of visible notional.
$4711
Calls · 46-90 days · OTM calls cluster with 47 contracts traded, $3541 estimated gross traded notional, and 6% of visible notional.
$3541

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.

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
Close12.06
1W+6.1%
RS-26.6
Fair value+18.4%
Options pressure11
Speculation22
Volatility96
Trend fit42

Today Versus Normal

Stored-options context

View history
Expected move 13.1% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 1.21 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 0.88 history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -
Volume/OI 0.10 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 10:20 Volatility
Pressure -54
Move 11.8%
30 Jul 10:15 Volatility
Pressure -94
Move 15.3%
30 Jul 14:59 Mixed
Pressure 8
Move 13.1%
30 Jul 15:18 Mixed
Pressure 2
Move 13.1%
30 Jul 19:50 Mixed
Pressure 11
Move 13.1%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 0
Puts · V 1 · OI 4
Strike5.00
Calls · V 0 · OI 0
Puts · V 1 · OI 3
Strike7.50
Calls · V 0 · OI 0
Puts · V 1 · OI 1
Strike10.00
Calls · V 1 · OI 50
Puts · V 3 · OI 92
Strike12.50
Calls · V 3 · OI 43
Puts · V 1 · OI 9
Strike15.00
Calls · V 1 · OI 47
Puts · V 0 · OI 0
Strike17.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike20.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts12
Avg IV1.21
Put-call1.40
Expiry18 Sep 2026
Contracts21
Avg IV0.82
Put-call0.45
Expiry18 Dec 2026
Contracts15
Avg IV0.69
Put-call1.18
Expiry19 Mar 2027
Contracts2
Avg IV0.65
Put-call3.20

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.76
Put IV1.02
Skew0.26
18 Sep 2026Balanced skew
Call IV1.10
Put IV1.06
Skew-0.04
18 Dec 2026Balanced skew
Call IV0.81
Put IV0.81
Skew0.00
19 Mar 2027Incomplete skew
Call IV-
Put IV-
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractKEP260821P00020000
SidePut
Expiry21 Aug 2026
Strike20.00
Volume-
OI1
IV1.84
ContractKEP260918C00005000
SideCall
Expiry18 Sep 2026
Strike5.00
Volume-
OI1
IV11.47
ContractKEP260821P00022500
SidePut
Expiry21 Aug 2026
Strike22.50
Volume-
OI1
IV2.16
ContractKEP261218P00017500
SidePut
Expiry18 Dec 2026
Strike17.50
Volume-
OI1
IV0.76
ContractKEP260821P00017500
SidePut
Expiry21 Aug 2026
Strike17.50
Volume-
OI-
IV1.53
ContractKEP260821P00025000
SidePut
Expiry21 Aug 2026
Strike25.00
Volume-
OI-
IV2.25
ContractKEP261218P00012500
SidePut
Expiry18 Dec 2026
Strike12.50
Volume30
OI99
IV0.71
ContractKEP260918C00012500
SideCall
Expiry18 Sep 2026
Strike12.50
Volume16
OI75
IV1.10