Ticker Options Intelligence

GBX options intelligence

Greenbrier Companies Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 52 Market data through 31 Jul 2026 Checked 1 Aug 2026 22:56 · complete available chain

Put-side pressure

Bearish pressure

GBX currently carries bearish options pressure with a 52/100 conviction score. The nearest-chain expected move is 6.6%, 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 6.6%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call 7.00

Put-side skew

Trend fit 67

Options agree with trend context

Weekly backdrop -5.5%

RS -5.8

Expected move 6.6%
Put-call volume 7.00
Volume / OI 0.00
Reference IV 0.38
Max pain 47.50
Underlying 49.25
Nearest expiry 21 Aug 2026
Contracts 202

Research Brief

GBX has a bearish chain read with 52/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 45.98–52.52; The largest call open-interest concentration is 55.00; the largest put concentration is 40.00. The most active strike by current volume is 32.50.

Priced range45.98–52.52
Call concentration55.00
Put concentration40.00
Max pain reference47.50
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 45.98 to 52.52. Max pain at 47.50 sits inside that range, 3.6% below spot.

Spot Max pain
45.9849.25 ± 3.2752.52
Confirmation level

A close beyond 52.52 or below 45.98 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 52/100

Evidence alignment, not probability

Pressure is 67/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure67 × 42%
+28.3

How strongly activity leans toward calls or puts.

Participation4 × 22%
+0.9

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

Trend agreement67 × 26%
+17.3

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

Volatility53 × 10%
+5.3

The intensity of implied volatility and the priced move.

Reconstructed score51.8Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 55.00; the largest put concentration is 40.00. The most active strike by current volume is 32.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
2
32.50-34.0%
0
9
35.00-28.9%
0
0
37.50-23.9%
0
57
40.00-18.8%
0
7
42.50-13.7%
1
10
45.00-8.6%
1
24
47.50-3.6%
2
1
50.001.5%
26
0
52.506.6%
26
2
55.0011.7%
75
0
57.5016.8%
7
0
60.0021.8%
23
0
65.0032.0%
3
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

0.97× front/back

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

0.38 21 Aug 21d
0.35 18 Sep 49d
0.41 20 Nov 112d
0.39 18 Dec 140d
0.39 19 Mar 231d
0.39 16 Apr 259d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

Comparable upside calls and downside puts carry broadly similar implied volatility.

40
43
45
48
50
53
55
58
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 directional observations

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
  • 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

High

A100/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
202 / 202
  • 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

89/100
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: $3165 of estimated gross traded notional, puts · 91+ days · itm, 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-67
1W price-5.5%
Call premium10%
Put premium90%
Notional split C 10% / P 90% 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 67/100 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 Puts · 91+ days · ITM
Puts · 91+ days · ITM puts cluster with 3 contracts traded, $1740 estimated gross traded notional, and 55% of visible notional.
$1740
Puts · 91+ days · OTM puts cluster with 4 contracts traded, $1095 estimated gross traded notional, and 35% of visible notional.
$1095
Calls · 91+ days · OTM calls cluster with 1 contracts traded, $330 estimated gross traded notional, and 10% of visible notional.
$330

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.

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
Close49.25
1W-5.5%
RS-5.8
Fair value+3.2%
Options pressure-67
Speculation4
Volatility53
Trend fit67

Today Versus Normal

Stored-options context

View history
Expected move 6.6% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.38 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 7.00 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 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 11:06 Bullish
Pressure 88
Move 7.5%
30 Jul 10:54 Bullish
Pressure 100
Move 7.1%
31 Jul 10:36 Bullish
Pressure 45
Move 8.3%
1 Aug 11:02 Bearish
Pressure -67
Move 7.9%
1 Aug 21:56 Bearish
Pressure -67
Move 6.6%

Strike Map

Where activity is clustering

Full strike map
Strike32.50
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike35.00
Calls · V 0 · OI 0
Puts · V 0 · OI 9
Strike37.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike40.00
Calls · V 0 · OI 0
Puts · V 0 · OI 57
Strike42.50
Calls · V 0 · OI 1
Puts · V 0 · OI 7
Strike45.00
Calls · V 0 · OI 1
Puts · V 0 · OI 10
Strike47.50
Calls · V 0 · OI 2
Puts · V 0 · OI 24
Strike50.00
Calls · V 0 · OI 26
Puts · V 0 · OI 1

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts26
Avg IV0.38
Put-call-
Expiry18 Sep 2026
Contracts42
Avg IV0.35
Put-call-
Expiry20 Nov 2026
Contracts30
Avg IV0.41
Put-call3.00
Expiry18 Dec 2026
Contracts36
Avg IV0.39
Put-call-
Expiry19 Mar 2027
Contracts34
Avg IV0.39
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.36
Put IV0.36
Skew-
18 Sep 2026Balanced skew
Call IV0.34
Put IV0.38
Skew0.04
20 Nov 2026Put IV premium
Call IV0.37
Put IV0.44
Skew0.08
18 Dec 2026Put IV premium
Call IV0.36
Put IV0.42
Skew0.07
19 Mar 2027Put IV premium
Call IV0.36
Put IV0.42
Skew0.07

Contract Tape

Most active contracts

Full contract tape
ContractGBX261120P00052500
SidePut
Expiry20 Nov 2026
Strike52.50
Volume3
OI-
IV0.39
ContractGBX270319P00032500
SidePut
Expiry19 Mar 2027
Strike32.50
Volume2
OI5
IV0.47
ContractGBX270319P00047500
SidePut
Expiry19 Mar 2027
Strike47.50
Volume2
OI4
IV0.40
ContractGBX261120C00052500
SideCall
Expiry20 Nov 2026
Strike52.50
Volume1
OI-
IV0.41
ContractGBX260918C00055000
SideCall
Expiry18 Sep 2026
Strike55.00
Volume-
OI654
IV0.34
ContractGBX260918C00047500
SideCall
Expiry18 Sep 2026
Strike47.50
Volume-
OI167
IV0.38
ContractGBX260918C00057500
SideCall
Expiry18 Sep 2026
Strike57.50
Volume-
OI113
IV0.36
ContractGBX260918P00052500
SidePut
Expiry18 Sep 2026
Strike52.50
Volume-
OI98
IV0.29