Ticker Options Intelligence

KRNT options intelligence

Kornit Digital Ltd options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 35 Market data through 31 Jul 2026 Checked 3 Aug 2026 07:58 · complete available chain

Options-market disagreement

Mixed pressure

KRNT currently carries mixed options pressure with a 35/100 conviction score. The nearest-chain expected move is 11.0%, with volume/open-interest participation at 0.00.

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

Options-market disagreement

Expected move 11.0%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call -

Balanced tape

Trend fit 92

Options agree with trend context

Weekly backdrop -0.1%

RS -5.4

Expected move 11.0%
Put-call volume -
Volume / OI -
Reference IV 0.46
Max pain 17.50
Underlying 15.22
Nearest expiry 21 Aug 2026
Contracts 90

Research Brief

KRNT has a mixed chain read with 35/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 13.55–16.89; The largest call open-interest concentration is 17.50; the largest put concentration is 25.00. The most active strike by current volume is 2.50.

Priced range13.55–16.89
Call concentration17.50
Put concentration25.00
Max pain reference17.50
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.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 13.55 to 16.89. Max pain at 17.50 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
13.5515.22 ± 1.6716.89
Confirmation level

A close beyond 16.89 or below 13.55 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 35/100

Evidence alignment, not probability

Pressure is 9/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure9 × 42%
+3.8

How strongly activity leans toward calls or puts.

Participation0 × 22%
+0.0

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

Trend agreement92 × 26%
+23.9

How closely the chain read agrees with the underlying trend backdrop.

Volatility72 × 10%
+7.2

The intensity of implied volatility and the priced move.

Reconstructed score34.9Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 17.50; the largest put concentration is 25.00. The most active strike by current volume is 2.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
2.50-83.6%
2
0
5.00-67.1%
0
4
7.50-50.7%
0
0
10.00-34.3%
2
10
12.50-17.9%
2
11
15.00-1.4%
4
0
17.5015.0%
105
0
20.0031.4%
13
0
22.5047.8%
3
15
25.0064.3%
9
0
30.0097.1%
0
0
35.00130.0%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Balanced gamma proxy

Reported Greeks · 84% coverage

Call- and put-side gamma sensitivity is broadly balanced across the retained chain. Individual strike concentrations may still matter more than the chain-wide net.

Net profile-$583Delta change / 1% move
Positive peak17.50+$1,430
Negative peak15.00-$1,941
Nearest balance16.44Interpolated sign change
StrikeNegativePositiveNet / 1% move
7.50-50.7%
-$3
12.50-17.9%
-$57
15.00-1.4%
-$1,941
17.5015.0%
+$1,430
20.0031.4%
+$79
22.5047.8%
+$9
25.0064.3%
-$100
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

Back-loaded volatility

0.71× front/back

Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.

0.46 21 Aug 21d
0.38 18 Sep 49d
0.48 20 Nov 112d
0.65 19 Feb 203d

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.

13
15
18
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 matured · 0 directional

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

C69/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
90 / 90
  • 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

35/100
Primary intent Likely noise

Visible options activity is too thin or mixed to support a strong intent classification.

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

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+9
1W price-0.1%
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 92/100 Agreement between options pressure and Sharemaestro market context.
Event window 5 Aug Matched earnings event is 2 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 No dominant cluster

No high-conviction option cluster is visible in this snapshot.

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.

Activity Anomaly

Warming up

-

3 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.

Baseline: 3 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close15.22
1W-0.1%
RS-5.4
Fair value-18.2%
Options pressure9
Speculation0
Volatility72
Trend fit92

Today Versus Normal

Stored-options context

View history
Expected move 11.0% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.46 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call - history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.00 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:18 Volatility
Pressure 79
Move 14.3%
30 Jul 11:03 Volatility
Pressure 100
Move 18.2%
31 Jul 10:43 Volatility
Pressure -90
Move 17.1%
31 Jul 15:51 Volatility
Pressure 79
Move 21.2%
31 Jul 19:55 Volatility
Pressure 79
Move 21.2%
3 Aug 06:58 Mixed
Pressure 9
Move 11.0%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 2
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike7.50
Calls · V 0 · OI 0
Puts · V 0 · OI 4
Strike10.00
Calls · V 0 · OI 2
Puts · V 0 · OI 0
Strike12.50
Calls · V 0 · OI 2
Puts · V 0 · OI 10
Strike15.00
Calls · V 0 · OI 4
Puts · V 0 · OI 11
Strike17.50
Calls · V 0 · OI 105
Puts · V 0 · OI 0
Strike20.00
Calls · V 0 · OI 13
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts24
Avg IV0.46
Put-call-
Expiry18 Sep 2026
Contracts22
Avg IV0.38
Put-call-
Expiry20 Nov 2026
Contracts22
Avg IV0.48
Put-call-
Expiry19 Feb 2027
Contracts22
Avg IV0.65
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV0.29
Put IV0.05
Skew-0.23
18 Sep 2026Put IV premium
Call IV0.19
Put IV0.59
Skew0.40
20 Nov 2026Call IV premium
Call IV0.80
Put IV0.49
Skew-0.30
19 Feb 2027Put IV premium
Call IV0.69
Put IV0.77
Skew0.08

Contract Tape

Most active contracts

Full contract tape
ContractKRNT260821C00017500
SideCall
Expiry21 Aug 2026
Strike17.50
Volume-
OI105
IV0.29
ContractKRNT260821P00025000
SidePut
Expiry21 Aug 2026
Strike25.00
Volume-
OI15
IV1.43
ContractKRNT260821C00020000
SideCall
Expiry21 Aug 2026
Strike20.00
Volume-
OI13
IV0.51
ContractKRNT260821P00015000
SidePut
Expiry21 Aug 2026
Strike15.00
Volume-
OI11
IV0.05
ContractKRNT260918C00015000
SideCall
Expiry18 Sep 2026
Strike15.00
Volume-
OI11
IV0.01
ContractKRNT260821P00012500
SidePut
Expiry21 Aug 2026
Strike12.50
Volume-
OI10
IV0.41
ContractKRNT260821C00025000
SideCall
Expiry21 Aug 2026
Strike25.00
Volume-
OI9
IV0.85
ContractKRNT261120C00015000
SideCall
Expiry20 Nov 2026
Strike15.00
Volume-
OI7
IV0.49