Ticker Options Intelligence

CXDO options intelligence

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

Conviction 46 Market data through 31 Jul 2026 Checked 1 Aug 2026 00:48 · complete available chain

Volatility expansion watch

Volatility pressure

CXDO currently carries volatility options pressure with a 46/100 conviction score. The nearest-chain expected move is 24.5%, with volume/open-interest participation at 0.02.

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

Volatility expansion watch

Expected move 24.5%

Wider near-term move priced

Activity / OI 0.02

Current volume is quieter versus prior open interest

Put-call 2.37

Put-side skew

Trend fit 83

Options agree with trend context

Weekly backdrop +3.9%

RS -8.5

Expected move 24.5%
Put-call volume 2.37
Volume / OI 0.02
Reference IV 1.43
Max pain 7.50
Underlying 6.62
Nearest expiry 21 Aug 2026
Contracts 37

Research Brief

CXDO 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 5.00–8.24; The largest call open-interest concentration is 7.50; the largest put concentration is 7.50. The most active strike by current volume is 10.00.

Priced range5.00–8.24
Call concentration7.50
Put concentration7.50
Max pain reference7.50
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 5.00 to 8.24. Max pain at 7.50 sits inside that range, 13.3% above spot.

Spot Max pain
5.006.62 ± 1.628.24
Confirmation level

A close beyond 8.24 or below 5.00 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 32/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure32 × 42%
+13.3

How strongly activity leans toward calls or puts.

Participation9 × 22%
+2.0

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

Trend agreement83 × 26%
+21.6

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 score46.5Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 7.50; the largest put concentration is 7.50. The most active strike by current volume is 10.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
284
5.00-24.5%
48
369
7.5013.3%
584
5
10.0051.1%
414
0
12.5088.8%
45
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.68× front/back

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

1.43 21 Aug 21d
1.08 18 Sep 49d
1.40 16 Oct 77d
0.85 15 Jan 168d

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.

8
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

A96/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
37 / 37
  • 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

84/100
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: $65206 of estimated gross traded notional, puts · 46-90 days · itm, 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-32
1W price+3.9%
Call premium22%
Put premium78%
Notional split C 22% / P 78% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.02 Volume divided by open interest across the visible chain.
Trend fit 83/100 Agreement between options pressure and Sharemaestro market context.
Event window 4 Aug Matched earnings event is 3 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 Puts · 46-90 days · ITM
Puts · 46-90 days · ITM puts cluster with 129 contracts traded, $40882 estimated gross traded notional, and 63% of visible notional.
$40882
Calls · 46-90 days · ITM calls cluster with 16 contracts traded, $8172 estimated gross traded notional, and 13% of visible notional.
$8172
Puts · 91+ days · ITM puts cluster with 8 contracts traded, $4010 estimated gross traded notional, and 6% of visible notional.
$4010
Puts · 91+ days · OTM puts cluster with 81 contracts traded, $3848 estimated gross traded notional, and 6% of visible notional.
$3848
Calls · 46-90 days · OTM calls cluster with 66 contracts traded, $2975 estimated gross traded notional, and 5% of visible notional.
$2975

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.

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
Close6.88
1W+3.9%
RS-8.5
Fair value+29.1%
Options pressure-32
Speculation9
Volatility96
Trend fit83

Today Versus Normal

Stored-options context

View history
Expected move 24.5% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 1.43 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 2.37 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.02 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 11:36 Volatility
Pressure 100
Move 23.0%
30 Jul 08:40 Volatility
Pressure 83
Move 24.5%
31 Jul 06:38 Volatility
Pressure 92
Move 23.0%
31 Jul 15:26 Volatility
Pressure -43
Move 25.3%
31 Jul 23:48 Volatility
Pressure -32
Move 24.5%

Strike Map

Where activity is clustering

Full strike map
Strike5.00
Calls · V 1 · OI 48
Puts · V 1 · OI 284
Strike7.50
Calls · V 1 · OI 584
Puts · V 4 · OI 369
Strike10.00
Calls · V 40 · OI 414
Puts · V 0 · OI 5
Strike12.50
Calls · V 1 · OI 45
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts7
Avg IV1.43
Put-call0.12
Expiry18 Sep 2026
Contracts5
Avg IV1.08
Put-call5.00
Expiry16 Oct 2026
Contracts13
Avg IV1.40
Put-call3.26
Expiry15 Jan 2027
Contracts12
Avg IV0.85
Put-call3.07

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV1.17
Put IV1.13
Skew-0.04
18 Sep 2026Call IV premium
Call IV1.05
Put IV0.95
Skew-0.11
16 Oct 2026Put IV premium
Call IV0.90
Put IV0.98
Skew0.08
15 Jan 2027Call IV premium
Call IV0.85
Put IV0.75
Skew-0.10

Contract Tape

Most active contracts

Full contract tape
ContractCXDO260918P00007500
SidePut
Expiry18 Sep 2026
Strike7.50
Volume-
OI20
IV0.83
ContractCXDO260918C00002500
SideCall
Expiry18 Sep 2026
Strike2.50
Volume-
OI12
IV1.41
ContractCXDO260821P00010000
SidePut
Expiry21 Aug 2026
Strike10.00
Volume-
OI5
IV1.98
ContractCXDO261016P00020000
SidePut
Expiry16 Oct 2026
Strike20.00
Volume-
OI-
IV1.61
ContractCXDO261016P00002500
SidePut
Expiry16 Oct 2026
Strike2.50
Volume120
OI120
IV2.32
ContractCXDO270115P00005000
SidePut
Expiry15 Jan 2027
Strike5.00
Volume81
OI1018
IV0.75
ContractCXDO261016P00007500
SidePut
Expiry16 Oct 2026
Strike7.50
Volume75
OI226
IV0.87
ContractCXDO261016P00012500
SidePut
Expiry16 Oct 2026
Strike12.50
Volume51
OI47
IV0.67