Ticker Options Intelligence

IRS options intelligence

IRSA Inversiones Y Representaciones options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 45 Market data through 29 Jul 2026 Checked 30 Jul 2026 11:56 · complete available chain

Put-side pressure

Bearish pressure

IRS currently carries bearish options pressure with a 45/100 conviction score. The nearest-chain expected move is 9.0%, 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 Bearish

Put-side pressure

Expected move 9.0%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call 1.50

Put-side skew

Trend fit 94

Options agree with trend context

Weekly backdrop -1.1%

RS -4.7

Expected move 9.0%
Put-call volume 1.50
Volume / OI 0.00
Reference IV 0.34
Max pain 15.00
Underlying 14.92
Nearest expiry 21 Aug 2026
Contracts 86

Research Brief

IRS has a bearish chain read with 45/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 13.57–16.27; The largest call open-interest concentration is 15.00; the largest put concentration is 15.00. The most active strike by current volume is 15.00.

Priced range13.57–16.27
Call concentration15.00
Put concentration15.00
Max pain reference15.00
What would confirm it
  • Price remains weak while put-side concentration persists.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Price recovers while put pressure fades or reverses toward calls.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 13.57 to 16.27. Max pain at 15.00 sits inside that range, 0.5% above spot.

Spot Max pain
13.5714.92 ± 1.3516.27
Confirmation level

A close beyond 16.27 or below 13.57 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 45/100

Evidence alignment, not probability

Pressure is 32/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure32 × 42%
+13.4

How strongly activity leans toward calls or puts.

Participation3 × 22%
+0.7

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

Trend agreement94 × 26%
+24.5

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

Volatility60 × 10%
+6.0

The intensity of implied volatility and the priced move.

Reconstructed score44.7Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 15.00; the largest put concentration is 15.00. The most active strike by current volume is 15.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
1
2.50-83.2%
0
0
5.00-66.5%
0
0
7.50-49.7%
0
0
10.00-33.0%
0
0
12.50-16.2%
0
3592
15.000.5%
10
2
17.5017.3%
2
0
20.0034.0%
0
0
22.5050.8%
0
0
25.0067.6%
0
0
30.00101.1%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Back-loaded volatility

0.80× front/back

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

0.34 21 Aug 22d
0.33 18 Sep 50d
0.63 16 Oct 78d
0.42 15 Jan 169d

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 directional observations

No independently verifiable option-expiry outcomes have matured yet. Legacy snapshots without a point-in-time market reference and repeated same-session snapshots are deliberately excluded.

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

C69/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
29 Jul 2026
Calculation
v1.x legacy
Contracts
86 / 86
  • 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

Put-heavy activity

65/100
Primary intent Put-heavy activity

Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.

Flow vs price divergence Bearish flow confirms price

Options pressure and weekly price action are both cautionary.

Why this matters

Put-heavy activity matters because it connects the options headline to the actual evidence: $620 of estimated gross traded notional, calls · 22-45 days · atm, and a bearish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-32
1W price-1.1%
Call premium61%
Put premium39%
Notional split C 61% / P 39% 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 94/100 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.
Conviction clusters Calls · 22-45 days · ATM
Calls · 22-45 days · ATM calls cluster with 4 contracts traded, $380 estimated gross traded notional, and 61% of visible notional.
$380
Puts · 22-45 days · ATM puts cluster with 6 contracts traded, $240 estimated gross traded notional, and 39% of visible notional.
$240

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.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

Activity Anomaly

Warming up

-

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

Baseline: 1 completed session

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close14.92
1W-1.1%
RS-4.7
Fair value+34.9%
Options pressure-32
Speculation3
Volatility60
Trend fit94

Today Versus Normal

Stored-options context

View history
Expected move 9.0% history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -
IV 0.34 history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -
Put-call 1.50 history building
30d avg - · 0/10 sessions -
90d avg - · 0/30 sessions -
180d avg - · 0/60 sessions -
Volume/OI 0.00 history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:10 Mixed
Pressure -12
Move 10.7%
30 Jul 10:56 Bearish
Pressure -32
Move 9.0%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike7.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike10.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike12.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike15.00
Calls · V 4 · OI 10
Puts · V 6 · OI 3592
Strike17.50
Calls · V 0 · OI 2
Puts · V 0 · OI 2
Strike20.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts22
Avg IV0.34
Put-call1.50
Expiry18 Sep 2026
Contracts22
Avg IV0.33
Put-call-
Expiry16 Oct 2026
Contracts22
Avg IV0.63
Put-call-
Expiry15 Jan 2027
Contracts20
Avg IV0.42
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.25
Put IV0.41
Skew0.17
18 Sep 2026Put IV premium
Call IV0.16
Put IV0.28
Skew0.12
16 Oct 2026Put IV premium
Call IV0.81
Put IV1.52
Skew0.71
15 Jan 2027Put IV premium
Call IV0.08
Put IV0.51
Skew0.43

Contract Tape

Most active contracts

Full contract tape
ContractIRS260821P00015000
SidePut
Expiry21 Aug 2026
Strike15.00
Volume6
OI3592
IV0.41
ContractIRS260821C00015000
SideCall
Expiry21 Aug 2026
Strike15.00
Volume4
OI10
IV0.01
ContractIRS270115C00015000
SideCall
Expiry15 Jan 2027
Strike15.00
Volume-
OI395
IV0.51
ContractIRS270115C00012500
SideCall
Expiry15 Jan 2027
Strike12.50
Volume-
OI310
IV0.46
ContractIRS270115P00012500
SidePut
Expiry15 Jan 2027
Strike12.50
Volume-
OI240
IV0.51
ContractIRS261016C00015000
SideCall
Expiry16 Oct 2026
Strike15.00
Volume-
OI185
IV0.39
ContractIRS261016C00012500
SideCall
Expiry16 Oct 2026
Strike12.50
Volume-
OI185
IV0.01
ContractIRS261016C00020000
SideCall
Expiry16 Oct 2026
Strike20.00
Volume-
OI145
IV0.25