Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
ROL options intelligence
Rollins Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
31
Market data through 31 Jul 2026
Checked 1 Aug 2026 03:07 · complete available chain
Options-market disagreement
Mixed pressure
ROL currently carries mixed options pressure with a 31/100 conviction score. The nearest-chain expected move is 5.4%, with volume/open-interest participation at 0.04.
Expected move
5.4%
Near-term move context
Activity / OI
0.04
Current volume is quieter versus prior open interest
Put-call
0.86
Balanced tape
Trend fit
49
Options are not fully confirming trend
Weekly backdrop
-1.5%
RS -36.8
Expected move
5.4%
Put-call volume
0.86
Volume / OI
0.04
Reference IV
0.33
Max pain
42.50
Underlying
38.56
Nearest expiry
21 Aug 2026
Contracts
136
Research Brief
ROL has a mixed chain read with 31/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 36.46–40.66; The largest call open-interest concentration is 47.50; the largest put concentration is 35.00. The most active strike by current volume is 40.00.
Priced range36.46–40.66
Call concentration47.50
Put concentration35.00
Max pain reference42.50
- A clear directional pressure reading develops and price begins to agree.
- Volatility falls and the chain remains directionally mixed.
- Options and the weekly trend are not yet giving the same message.
Priced Move
Where the chain says movement becomes exceptional
Options imply 36.46 to 40.66. Max pain at 42.50 lies outside the priced range, so it is a weak near-term anchor.
Spot
Max pain
36.4638.56 ± 2.1040.66
Confirmation level
A close beyond 40.66 or below 36.46 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 31/100
Pressure is 12/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure12 × 42%
+5.0
How strongly activity leans toward calls or puts.
Participation41 × 22%
+9.0
Volume relative to existing open interest and contract-level activity.
Trend agreement49 × 26%
+12.8
How closely the chain read agrees with the underlying trend backdrop.
Volatility45 × 10%
+4.5
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
The largest call open-interest concentration is 47.50; the largest put concentration is 35.00. The most active strike by current volume is 40.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
17
32.50-15.7%
1
875
35.00-9.2%
0
659
37.50-2.7%
70
342
40.003.7%
675
338
42.5010.2%
632
235
45.0016.7%
710
84
47.5023.2%
1096
89
50.0029.7%
96
7
52.5036.2%
129
1
55.0042.6%
532
0
57.5049.1%
274
0
60.0055.6%
270
1
62.5062.1%
459
0
65.0068.6%
39
0
67.5075.1%
44
0
70.0081.5%
10
0
72.5088.0%
8
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Balanced volatility curve
Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.
0.33
21 Aug
21d
0.28
18 Sep
49d
0.31
20 Nov
112d
0.32
19 Feb
203d
Volatility by Strike
Balanced wings
Comparable upside calls and downside puts carry broadly similar implied volatility.
33
35
38
40
43
45
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
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
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 136 / 136
- 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
Multi-expiry position-maintenance candidate
Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.
The options read is mixed, so divergence is not strong enough to classify.
Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $83998 of estimated gross traded notional, puts · 46-90 days · otm, 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+12
1W price-1.5%
Call premium45%
Put premium55%
Notional split
C 45% / P 55%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.04
Volume divided by open interest across the visible chain.
Trend fit
49/100
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.
Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.
Puts · 46-90 days · OTM
puts cluster with 301 contracts traded, $29678 estimated gross traded notional, and 35% of visible notional.
$29678
Puts · 8-21 days · ITM
puts cluster with 32 contracts traded, $13095 estimated gross traded notional, and 16% of visible notional.
$13095
Calls · 46-90 days · ITM
calls cluster with 64 contracts traded, $12480 estimated gross traded notional, and 15% of visible notional.
$12480
Calls · 91+ days · OTM
calls cluster with 104 contracts traded, $12455 estimated gross traded notional, and 15% of visible notional.
$12455
Calls · 46-90 days · OTM
calls cluster with 116 contracts traded, $5770 estimated gross traded notional, and 7% of visible notional.
$5770
Setup Classification
Opportunity and risk frame
The signal is live, but the strongest framework tags are still developing.
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
Close37.97
1W-1.5%
RS-36.8
Fair value-22.8%
Options pressure12
Speculation41
Volatility45
Trend fit49
Today Versus Normal
Stored-options context
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:16
Bullish
Pressure 66
Move 6.5%
30 Jul 10:12
Mixed
Pressure -5
Move 6.4%
31 Jul 10:05
Bullish
Pressure 48
Move 5.2%
31 Jul 18:33
Bullish
Pressure 63
Move 5.3%
31 Jul 23:21
Bullish
Pressure 62
Move 5.4%
1 Aug 00:11
Bullish
Pressure 62
Move 5.4%
1 Aug 02:07
Mixed
Pressure 12
Move 5.4%
Strike Map
Where activity is clustering
Strike32.50
Calls · V 0 · OI 1
Puts · V 0 · OI 17
Strike35.00
Calls · V 0 · OI 0
Puts · V 30 · OI 875
Strike37.50
Calls · V 13 · OI 70
Puts · V 15 · OI 659
Strike40.00
Calls · V 131 · OI 675
Puts · V 10 · OI 342
Strike42.50
Calls · V 0 · OI 632
Puts · V 22 · OI 338
Strike45.00
Calls · V 1 · OI 710
Puts · V 0 · OI 235
Strike47.50
Calls · V 2 · OI 1096
Puts · V 0 · OI 84
Strike50.00
Calls · V 11 · OI 96
Puts · V 0 · OI 89
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts42
Avg IV0.33
Put-call0.49
Expiry18 Sep 2026
Contracts26
Avg IV0.28
Put-call1.67
Expiry20 Nov 2026
Contracts38
Avg IV0.31
Put-call0.06
Expiry19 Feb 2027
Contracts30
Avg IV0.32
Put-call-
Skew
Call/put IV balance
21 Aug 2026Balanced skew
Call IV0.28
Put IV0.32
Skew0.04
18 Sep 2026Call IV premium
Call IV0.44
Put IV0.31
Skew-0.14
20 Nov 2026Put IV premium
Call IV0.30
Put IV0.36
Skew0.06
19 Feb 2027Balanced skew
Call IV0.34
Put IV0.37
Skew0.03
Contract Tape
Most active contracts
ContractROL260918P00037500
SidePut
Expiry18 Sep 2026
Strike37.50
Volume185
OI3037
IV0.29
ContractROL260821C00040000
SideCall
Expiry21 Aug 2026
Strike40.00
Volume131
OI675
IV0.28
ContractROL260918P00035000
SidePut
Expiry18 Sep 2026
Strike35.00
Volume116
OI360
IV0.31
ContractROL261120C00042500
SideCall
Expiry20 Nov 2026
Strike42.50
Volume90
OI21
IV0.30
ContractROL260918C00042500
SideCall
Expiry18 Sep 2026
Strike42.50
Volume76
OI495
IV0.29
ContractROL260918C00037500
SideCall
Expiry18 Sep 2026
Strike37.50
Volume58
OI1628
IV0.27
ContractROL260918C00040000
SideCall
Expiry18 Sep 2026
Strike40.00
Volume40
OI381
IV0.28
ContractROL260821P00035000
SidePut
Expiry21 Aug 2026
Strike35.00
Volume30
OI875
IV0.32
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.