Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
NVYY options intelligence
GraniteShares YieldBOOST NVDA ETF options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
25
Market data through 4 Aug 2026
Checked 5 Aug 2026 12:45 · complete available chain
Options-market disagreement
Mixed pressure
NVYY currently carries mixed options pressure with a 25/100 conviction score. The nearest-chain expected move is 8.5%, with volume/open-interest participation at 0.00.
Expected move
8.5%
Wider near-term move priced
Activity / OI
0.00
Current volume is quieter versus prior open interest
Put-call
-
Balanced tape
Trend fit
72
Options agree with trend context
Weekly backdrop
-1.7%
RS -11.8
Expected move
8.5%
Put-call volume
-
Volume / OI
-
Reference IV
0.39
Max pain
13.00
Underlying
12.19
Nearest expiry
21 Aug 2026
Contracts
172
Research Brief
NVYY has a mixed chain read with 25/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 11.15–13.22; The largest call open-interest concentration is 13.00; the largest put concentration is 15.00. The most active strike by current volume is 5.00.
Priced range11.15–13.22
Call concentration13.00
Put concentration15.00
Max pain reference13.00
- A clear directional pressure reading develops and price begins to agree.
- The current chain read already agrees with the stored weekly trend context.
- Volatility falls and the chain remains directionally mixed.
Priced Move
Where the chain says movement becomes exceptional
Options imply 11.15 to 13.22. Max pain at 13.00 sits inside that range, 6.7% above spot.
Spot
Max pain
11.1512.19 ± 1.0313.22
Confirmation level
A close beyond 13.22 or below 11.15 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 25/100
Pressure is 0/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure0 × 42%
+0.2
How strongly activity leans toward calls or puts.
Participation0 × 22%
+0.0
Volume relative to existing open interest and contract-level activity.
Trend agreement72 × 26%
+18.6
How closely the chain read agrees with the underlying trend backdrop.
Volatility61 × 10%
+6.1
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 13.00; the largest put concentration is 15.00. The most active strike by current volume is 5.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
5.00-59.0%
0
2
9.00-26.1%
0
10
12.00-1.5%
0
14
13.006.7%
100
10
14.0014.9%
0
15
15.0023.1%
10
11
16.0031.3%
0
1
17.0039.5%
3
0
19.0055.9%
1
1
20.0064.1%
1
0
21.0072.3%
1
0
22.0080.5%
1
0
23.0088.7%
1
0
25.00105.2%
1
0
26.00113.4%
1
0
27.00121.6%
1
0
29.00138.0%
6
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Gamma Profile by Strike
Positive gamma proxy
Call-side gamma sensitivity outweighs the put-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.
Net profile+$1,189Delta change / 1% move
Positive peak13.00+$3,560
Negative peak12.00-$1,695
Nearest balance12.32Interpolated sign change
StrikeNegativePositiveNet / 1% move
6.00-50.8%
-$2
7.00-42.6%
-$5
9.00-26.1%
-$15
10.00-17.9%
-$26
11.00-9.7%
-$89
12.00-1.5%
-$1,695
13.006.7%
+$3,560
14.0014.9%
-$217
15.0023.1%
-$171
16.0031.3%
-$134
17.0039.5%
-$0
19.0055.9%
+$2
20.0064.1%
-$11
21.0072.3%
-$4
22.0080.5%
-$10
23.0088.7%
-$4
25.00105.2%
+$1
26.00113.4%
+$1
27.00121.6%
+$1
29.00138.0%
+$5
Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike
Scenario proxy = gamma × open interest × 100 shares × spot² × 1%. Calls are positive and puts negative by convention. Missing Greeks use a Black-Scholes estimate from stored IV with zero rate and dividend assumptions. Open interest does not reveal who is long or short, so this is not observed dealer positioning or a forecast.
Volatility Curve
Balanced volatility curve
Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.
0.39
21 Aug
17d
0.17
18 Sep
45d
0.27
20 Nov
108d
0.42
19 Feb
199d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
10
11
12
13
14
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
- Auditable calculationoriginal version retained
- Independent entryone read per market session
- Point-in-time referencerequired at entry
- Matched expiry closereported only after maturity
Eligible snapshots must have a dated market session, stored signal, and point-in-time market reference. Each observation uses one read per market session and the first stored weekly close on or immediately after expiry; its original calculation version is retained. 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 quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 4 Aug 2026
- Calculation
- v2.0
- Contracts
- 172 / 172
- 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
Likely noise
Visible options activity is too thin or mixed to support a strong intent classification.
The options read is mixed, so divergence is not strong enough to classify.
Likely noise matters because it connects the options headline to the actual evidence: $0 of estimated gross traded notional, no dominant cluster, 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+0
1W price-1.7%
Call premium0%
Put premium0%
Notional split
C 0% / P 0%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.00
Volume divided by open interest across the visible chain.
Trend fit
72/100
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.
No high-conviction option cluster is visible in this snapshot.
Setup Classification
Opportunity and risk frame
Positioning agrees with the Sharemaestro trend backdrop.
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Activity Anomaly
Warming up
5 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 5 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close12.19
1W-1.7%
RS-11.8
Fair value-0.6%
Options pressure0
Speculation0
Volatility61
Trend fit72
Today Versus Normal
Stored-options context
30d avg - · 5/10 sessions
-
90d avg - · 5/30 sessions
-
180d avg - · 5/60 sessions
-
30d avg - · 5/10 sessions
-
90d avg - · 5/30 sessions
-
180d avg - · 5/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 5/10 sessions
-
90d avg - · 5/30 sessions
-
180d avg - · 5/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 12:52
Bullish
Pressure 99
Move 5.8%
30 Jul 12:45
Bearish
Pressure -100
Move 5.5%
31 Jul 12:13
Bearish
Pressure -100
Move 5.8%
3 Aug 00:44
Bearish
Pressure -100
Move 5.6%
4 Aug 11:16
Bullish
Pressure 100
Move 7.6%
5 Aug 11:45
Mixed
Pressure 0
Move 8.5%
Strike Map
Where activity is clustering
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike9.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike10.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike11.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike12.00
Calls · V 0 · OI 0
Puts · V 0 · OI 10
Strike13.00
Calls · V 0 · OI 100
Puts · V 0 · OI 14
Strike14.00
Calls · V 0 · OI 0
Puts · V 0 · OI 10
Strike15.00
Calls · V 0 · OI 10
Puts · V 0 · OI 15
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts44
Avg IV0.39
Put-call-
Expiry18 Sep 2026
Contracts42
Avg IV0.17
Put-call-
Expiry20 Nov 2026
Contracts44
Avg IV0.27
Put-call-
Expiry19 Feb 2027
Contracts42
Avg IV0.42
Put-call-
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV0.17
Put IV1.18
Skew1.00
18 Sep 2026Balanced skew
Call IV0.10
Put IV0.05
Skew-0.05
20 Nov 2026Balanced skew
Call IV0.06
Put IV0.04
Skew-0.02
19 Feb 2027Put IV premium
Call IV0.03
Put IV0.95
Skew0.92
Contract Tape
Most active contracts
ContractNVYY260821C00013000
SideCall
Expiry21 Aug 2026
Strike13.00
Volume-
OI100
IV0.17
ContractNVYY261120C00015000
SideCall
Expiry20 Nov 2026
Strike15.00
Volume-
OI21
IV0.17
ContractNVYY261120P00015000
SidePut
Expiry20 Nov 2026
Strike15.00
Volume-
OI20
IV1.08
ContractNVYY261120P00012000
SidePut
Expiry20 Nov 2026
Strike12.00
Volume-
OI16
IV0.04
ContractNVYY260821P00015000
SidePut
Expiry21 Aug 2026
Strike15.00
Volume-
OI15
IV1.43
ContractNVYY260821P00013000
SidePut
Expiry21 Aug 2026
Strike13.00
Volume-
OI14
IV0.01
ContractNVYY260821P00016000
SidePut
Expiry21 Aug 2026
Strike16.00
Volume-
OI11
IV1.61
ContractNVYY260821P00014000
SidePut
Expiry21 Aug 2026
Strike14.00
Volume-
OI10
IV1.15
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.