Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
GRAL options intelligence
GRAIL, LLC options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
39
Market data through 29 Jul 2026
Checked 30 Jul 2026 00:30 · complete available chain
Options-market disagreement
Mixed pressure
GRAL currently carries mixed options pressure with a 39/100 conviction score. The nearest-chain expected move is 17.8%, with volume/open-interest participation at 0.09.
Expected move
17.8%
Wider near-term move priced
Activity / OI
0.09
Current volume is quieter versus prior open interest
Put-call
1.48
Put-side skew
Trend fit
75
Options agree with trend context
Weekly backdrop
-6.6%
RS -7.1
Expected move
17.8%
Put-call volume
1.48
Volume / OI
0.09
Reference IV
0.81
Max pain
70.00
Underlying
67.84
Nearest expiry
21 Aug 2026
Contracts
208
Options Intent Radar
Earnings/event positioning
Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.
The options read is mixed, so divergence is not strong enough to classify.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $3.5M 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-14
1W price-6.6%
Call premium35%
Put premium65%
Notional split
C 35% / P 65%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.09
Volume divided by open interest across the visible chain.
Trend fit
75/100
Agreement between options pressure and Sharemaestro market context.
Event window
11 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.
Puts · 91+ days · ITM
puts cluster with 558 contracts traded, $2.0M estimated gross traded notional, and 57% of visible notional.
$2.0M
Calls · 91+ days · ITM
calls cluster with 167 contracts traded, $802539 estimated gross traded notional, and 23% of visible notional.
$802539
Calls · 91+ days · OTM
calls cluster with 224 contracts traded, $194670 estimated gross traded notional, and 6% of visible notional.
$194670
Calls · 46-90 days · ITM
calls cluster with 63 contracts traded, $187050 estimated gross traded notional, and 5% of visible notional.
$187050
Puts · 91+ days · OTM
puts cluster with 177 contracts traded, $96038 estimated gross traded notional, and 3% of visible notional.
$96038
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
Above normal
Activity is running above the recent historical baseline.
Volume rank100th
Volume/OI rank100th
IV rank0th
Market Context
Underlying confirmation
Close67.84
1W-6.6%
RS-7.1
Fair value+49.3%
Options pressure-14
Speculation21
Volatility96
Trend fit75
Today Versus Normal
Stored-options context
30d avg 19.3% · 1 read
0th
90d avg 19.3% · 1 read
0th
180d avg 19.3% · 1 read
0th
30d avg 0.89 · 1 read
0th
90d avg 0.89 · 1 read
0th
180d avg 0.89 · 1 read
0th
30d avg 6.56 · 1 read
0th
90d avg 6.56 · 1 read
0th
180d avg 6.56 · 1 read
0th
30d avg 0.06 · 1 read
100th
90d avg 0.06 · 1 read
100th
180d avg 0.06 · 1 read
100th
Pressure Trail
Recent pressure and volatility
29 Jul 10:53
Volatility
Pressure -67
Move 19.3%
29 Jul 23:30
Mixed
Pressure -14
Move 17.8%
Strike Map
Where activity is clustering
Strike30.00
Calls · V 0 · OI 0
Puts · V 2 · OI 2
Strike40.00
Calls · V 0 · OI 0
Puts · V 3 · OI 55
Strike45.00
Calls · V 0 · OI 2
Puts · V 5 · OI 16
Strike50.00
Calls · V 0 · OI 1
Puts · V 2 · OI 302
Strike55.00
Calls · V 1 · OI 24
Puts · V 12 · OI 1119
Strike60.00
Calls · V 5 · OI 25
Puts · V 11 · OI 102
Strike65.00
Calls · V 3 · OI 8
Puts · V 1 · OI 48
Strike70.00
Calls · V 2 · OI 124
Puts · V 1 · OI 141
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts27
Avg IV0.81
Put-call1.04
Expiry18 Sep 2026
Contracts12
Avg IV0.78
Put-call4.93
Expiry16 Oct 2026
Contracts44
Avg IV0.75
Put-call0.36
Expiry15 Jan 2027
Contracts71
Avg IV0.77
Put-call3.13
Expiry21 Jan 2028
Contracts54
Avg IV0.76
Put-call0.53
Skew
Call/put IV balance
21 Aug 2026Call IV premium
Call IV0.87
Put IV0.76
Skew-0.11
18 Sep 2026Balanced skew
Call IV0.79
Put IV0.77
Skew-0.03
16 Oct 2026Call IV premium
Call IV0.81
Put IV0.73
Skew-0.08
15 Jan 2027Call IV premium
Call IV0.82
Put IV0.71
Skew-0.11
21 Jan 2028Call IV premium
Call IV0.93
Put IV0.78
Skew-0.15
Contract Tape
Most active contracts
ContractGRAL260918C00100000
SideCall
Expiry18 Sep 2026
Strike100.00
Volume-
OI43
IV0.97
ContractGRAL260918C00095000
SideCall
Expiry18 Sep 2026
Strike95.00
Volume-
OI13
IV0.93
ContractGRAL270115P00130000
SidePut
Expiry15 Jan 2027
Strike130.00
Volume-
OI10
IV0.62
ContractGRAL280121P00022500
SidePut
Expiry21 Jan 2028
Strike22.50
Volume-
OI4
IV1.04
ContractGRAL260821C00045000
SideCall
Expiry21 Aug 2026
Strike45.00
Volume-
OI2
IV1.12
ContractGRAL260918C00110000
SideCall
Expiry18 Sep 2026
Strike110.00
Volume-
OI1
IV1.07
ContractGRAL261016C00030000
SideCall
Expiry16 Oct 2026
Strike30.00
Volume-
OI1
IV0.00
ContractGRAL260821C00050000
SideCall
Expiry21 Aug 2026
Strike50.00
Volume-
OI1
IV1.17
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
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.