Ticker Options Intelligence

PEW options intelligence

GrabAGun Digital Holdings Inc. options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 46 Market data through 31 Jul 2026 Checked 1 Aug 2026 19:37 · complete available chain

Volatility expansion watch

Volatility pressure

PEW currently carries volatility options pressure with a 46/100 conviction score. The nearest-chain expected move is 16.1%, 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 Volatility

Volatility expansion watch

Expected move 16.1%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call 2.15

Put-side skew

Trend fit 90

Options agree with trend context

Weekly backdrop +6.4%

RS -36.5

Expected move 16.1%
Put-call volume 2.15
Volume / OI 0.00
Reference IV 1.12
Max pain 2.50
Underlying 2.48
Nearest expiry 21 Aug 2026
Contracts 36

Research Brief

PEW has a volatility chain read with 46/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 2.08–2.88; The largest call open-interest concentration is 2.50; the largest put concentration is 2.50. The most active strike by current volume is 2.50.

Priced range2.08–2.88
Call concentration2.50
Put concentration2.50
Max pain reference2.50
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.
  • Front-expiry volatility is rich, so the signal may be event-driven and vulnerable to volatility compression.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 2.08 to 2.88. Max pain at 2.50 sits inside that range, 0.8% above spot.

Spot Max pain
2.082.48 ± 0.402.88
Confirmation level

A close beyond 2.88 or below 2.08 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 46/100

Evidence alignment, not probability

Pressure is 29/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure29 × 42%
+12.3

How strongly activity leans toward calls or puts.

Participation2 × 22%
+0.4

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

Trend agreement90 × 26%
+23.5

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

Volatility96 × 10%
+9.6

The intensity of implied volatility and the priced move.

Reconstructed score45.8Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 2.50; the largest put concentration is 2.50. 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
570
2.500.8%
11193
1
5.00101.6%
2284
0
7.50202.4%
44
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.50× front/back

Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.

1.12 21 Aug 21d
1.11 18 Sep 49d
0.97 16 Oct 77d
0.99 15 Jan 168d
0.74 21 Jan 539d

Volatility by Strike

Smile incomplete

Nearest expiry, within 20% of spot

There is not enough comparable OTM call and put volatility to classify the smile.

3
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

A97/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
36 / 36
  • 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

92/100
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 Volatility flow versus price

Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $6858 of estimated gross traded notional, calls · 91+ days · atm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-29
1W price+6.4%
Call premium55%
Put premium45%
Notional split C 55% / P 45% 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 90/100 Agreement between options pressure and Sharemaestro market context.
Event window 12 Aug Matched earnings event is 10 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 · ATM
Calls · 91+ days · ATM calls cluster with 34 contracts traded, $3085 estimated gross traded notional, and 45% of visible notional.
$3085
Puts · 8-21 days · ATM puts cluster with 132 contracts traded, $2640 estimated gross traded notional, and 38% of visible notional.
$2640
Calls · 8-21 days · ATM calls cluster with 17 contracts traded, $340 estimated gross traded notional, and 5% of visible notional.
$340
Calls · 46-90 days · ATM calls cluster with 8 contracts traded, $242 estimated gross traded notional, and 4% of visible notional.
$242
Puts · 46-90 days · ATM puts cluster with 8 contracts traded, $240 estimated gross traded notional, and 3% 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

-

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
Close2.48
1W+6.4%
RS-36.5
Fair value-34.3%
Options pressure-29
Speculation2
Volatility96
Trend fit90

Today Versus Normal

Stored-options context

View history
Expected move 16.1% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 1.12 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 2.15 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 11:47 Volatility
Pressure 91
Move 20.4%
30 Jul 11:24 Bullish
Pressure 35
Move 19.3%
31 Jul 13:31 Bullish
Pressure 21
Move 17.2%
1 Aug 18:37 Volatility
Pressure -29
Move 16.1%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 17 · OI 11193
Puts · V 132 · OI 570
Strike5.00
Calls · V 0 · OI 2284
Puts · V 0 · OI 1
Strike7.50
Calls · V 0 · OI 44
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts6
Avg IV1.12
Put-call7.76
Expiry18 Sep 2026
Contracts6
Avg IV1.11
Put-call1.33
Expiry16 Oct 2026
Contracts6
Avg IV0.97
Put-call-
Expiry15 Jan 2027
Contracts8
Avg IV0.99
Put-call-
Expiry21 Jan 2028
Contracts10
Avg IV0.74
Put-call0.07

Skew

Call/put IV balance

OTM demand
21 Aug 2026Incomplete skew
Call IV1.45
Put IV-
Skew-
18 Sep 2026Incomplete skew
Call IV0.94
Put IV-
Skew-
16 Oct 2026Incomplete skew
Call IV0.76
Put IV-
Skew-
15 Jan 2027Incomplete skew
Call IV0.93
Put IV-
Skew-
21 Jan 2028Incomplete skew
Call IV0.86
Put IV-
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractPEW260821P00002500
SidePut
Expiry21 Aug 2026
Strike2.50
Volume132
OI570
IV0.81
ContractPEW280121C00002500
SideCall
Expiry21 Jan 2028
Strike2.50
Volume27
OI1371
IV0.83
ContractPEW260821C00002500
SideCall
Expiry21 Aug 2026
Strike2.50
Volume17
OI11193
IV0.87
ContractPEW260918P00002500
SidePut
Expiry18 Sep 2026
Strike2.50
Volume8
OI-
IV0.81
ContractPEW270115C00002500
SideCall
Expiry15 Jan 2027
Strike2.50
Volume7
OI1216
IV0.81
ContractPEW260918C00002500
SideCall
Expiry18 Sep 2026
Strike2.50
Volume5
OI83
IV0.79
ContractPEW270115C00005000
SideCall
Expiry15 Jan 2027
Strike5.00
Volume4
OI2040
IV0.93
ContractPEW261016C00002500
SideCall
Expiry16 Oct 2026
Strike2.50
Volume3
OI1599
IV0.78