Ticker Options Intelligence

SUNC options intelligence

SunocoCorp LLC options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 32 Market data through 31 Jul 2026 Checked 2 Aug 2026 06:03 · complete available chain

Options-market disagreement

Mixed pressure

SUNC currently carries mixed options pressure with a 32/100 conviction score. The nearest-chain expected move is 6.9%, with volume/open-interest participation at 0.05.

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

Options-market disagreement

Expected move 6.9%

Wider near-term move priced

Activity / OI 0.05

Current volume is quieter versus prior open interest

Put-call 1.00

Balanced tape

Trend fit 91

Options agree with trend context

Weekly backdrop +0.2%

Sharemaestro weekly context

Expected move 6.9%
Put-call volume 1.00
Volume / OI 0.05
Reference IV 0.28
Max pain 75.00
Underlying 76.44
Nearest expiry 21 Aug 2026
Contracts 114

Research Brief

SUNC has a mixed chain read with 32/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 71.14–81.74; The largest call open-interest concentration is 75.00; the largest put concentration is 75.00. The most active strike by current volume is 70.00.

Priced range71.14–81.74
Call concentration75.00
Put concentration75.00
Max pain reference75.00
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 71.14 to 81.74. Max pain at 75.00 sits inside that range, 1.9% below spot.

Spot Max pain
71.1476.44 ± 5.3081.74
Confirmation level

A close beyond 81.74 or below 71.14 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 32/100

Evidence alignment, not probability

Pressure is 4/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure4 × 42%
+1.8

How strongly activity leans toward calls or puts.

Participation9 × 22%
+2.0

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

Trend agreement91 × 26%
+23.7

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

Volatility47 × 10%
+4.7

The intensity of implied volatility and the priced move.

Reconstructed score32.3Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 75.00; the largest put concentration is 75.00. The most active strike by current volume is 70.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
35.00-54.2%
0
0
40.00-47.7%
0
0
45.00-41.1%
0
0
50.00-34.6%
0
0
55.00-28.0%
0
0
60.00-21.5%
0
0
65.00-15.0%
0
0
70.00-8.4%
0
10
75.00-1.9%
11
2
80.004.7%
10
0
85.0011.2%
0
0
90.0017.7%
0
0
95.0024.3%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Positive gamma proxy

Reported Greeks · 91% coverage

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+$5,476Delta change / 1% move
Positive peak80.00+$5,994
Negative peak75.00-$518
Nearest balance75.40Interpolated sign change
StrikeNegativePositiveNet / 1% move
75.00-1.9%
-$518
80.004.7%
+$5,994
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

1.01× front/back

Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.

0.28 21 Aug 21d
0.25 18 Sep 49d
0.27 16 Oct 77d
0.28 15 Jan 168d

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.

65
70
75
80
85
90
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
114 / 114
  • 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

73/100
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: $2,120 of estimated gross traded notional, calls · 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+4
1W price+0.2%
Call premium91%
Put premium9%
Notional split C 91% / P 9% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.05 Volume divided by open interest across the visible chain.
Trend fit 91/100 Agreement between options pressure and Sharemaestro market context.
Event window 4 Aug Matched earnings event is 0 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 Calls · 91+ days · ITM
Calls · 91+ days · ITM calls cluster with 1 contracts traded, $1,285 estimated gross traded notional, and 61% of visible notional.
$1,285
Calls · 91+ days · ATM calls cluster with 1 contracts traded, $635 estimated gross traded notional, and 30% of visible notional.
$635
Puts · 8-21 days · OTM puts cluster with 2 contracts traded, $200 estimated gross traded notional, and 9% of visible notional.
$200

Setup Classification

Opportunity and risk frame

Context, not advice
Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

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

-

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
Close76.44
1W+0.2%
RS-
Fair value+28.5%
Options pressure4
Speculation9
Volatility47
Trend fit91

Today Versus Normal

Stored-options context

View history
Expected move 6.9% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.28 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 1.00 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.05 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 10:51 Bullish
Pressure 100
Move 7.4%
30 Jul 10:42 Mixed
Pressure 4
Move 7.1%
31 Jul 10:30 Bullish
Pressure 100
Move 7.1%
2 Aug 05:03 Mixed
Pressure 4
Move 6.9%

Strike Map

Where activity is clustering

Full strike map
Strike35.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike40.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike45.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike50.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike55.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike60.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike70.00
Calls · V 0 · OI 0
Puts · V 2 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts26
Avg IV0.28
Put-call-
Expiry18 Sep 2026
Contracts30
Avg IV0.25
Put-call-
Expiry16 Oct 2026
Contracts30
Avg IV0.27
Put-call-
Expiry15 Jan 2027
Contracts28
Avg IV0.28
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.08
Put IV0.45
Skew0.37
18 Sep 2026Balanced skew
Call IV0.35
Put IV0.32
Skew-0.03
16 Oct 2026Call IV premium
Call IV0.38
Put IV0.31
Skew-0.07
15 Jan 2027Put IV premium
Call IV0.25
Put IV0.33
Skew0.08

Contract Tape

Most active contracts

Full contract tape
ContractSUNC260821P00070000
SidePut
Expiry21 Aug 2026
Strike70.00
Volume2
OI-
IV0.16
ContractSUNC270115C00075000
SideCall
Expiry15 Jan 2027
Strike75.00
Volume1
OI1
IV0.24
ContractSUNC270115C00065000
SideCall
Expiry15 Jan 2027
Strike65.00
Volume1
OI-
IV0.19
ContractSUNC260918C00080000
SideCall
Expiry18 Sep 2026
Strike80.00
Volume-
OI12
IV0.35
ContractSUNC260821C00075000
SideCall
Expiry21 Aug 2026
Strike75.00
Volume-
OI11
IV0.26
ContractSUNC261016C00080000
SideCall
Expiry16 Oct 2026
Strike80.00
Volume-
OI10
IV0.27
ContractSUNC261016P00075000
SidePut
Expiry16 Oct 2026
Strike75.00
Volume-
OI10
IV0.31
ContractSUNC260918P00075000
SidePut
Expiry18 Sep 2026
Strike75.00
Volume-
OI10
IV0.32