Ticker Options Intelligence

JBTM options intelligence

JBTMarel Corp options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 60 Market data through 30 Jul 2026 Checked 31 Jul 2026 11:21 · complete available chain

Volatility expansion watch

Volatility pressure

JBTM currently carries volatility options pressure with a 60/100 conviction score. The nearest-chain expected move is 12.7%, with volume/open-interest participation at 0.01.

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

Volatility expansion watch

Expected move 12.7%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 3.00

Put-side skew

Trend fit 99

Options agree with trend context

Weekly backdrop +2.3%

RS -9.3

Expected move 12.7%
Put-call volume 3.00
Volume / OI 0.01
Reference IV 0.61
Max pain 125.00
Underlying 137.14
Nearest expiry 21 Aug 2026
Contracts 290

Research Brief

JBTM has a volatility chain read with 60/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 119.74–154.54; The largest call open-interest concentration is 150.00; the largest put concentration is 115.00. The most active strike by current volume is 160.00.

Priced range119.74–154.54
Call concentration150.00
Put concentration115.00
Max pain reference125.00
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.
  • 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 119.74 to 154.54. Max pain at 125.00 sits inside that range, 8.9% below spot.

Spot Max pain
119.74137.14 ± 17.40154.54
Confirmation level

A close beyond 154.54 or below 119.74 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 60/100

Evidence alignment, not probability

Pressure is 40/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure40 × 42%
+16.8

How strongly activity leans toward calls or puts.

Participation40 × 22%
+8.8

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

Trend agreement99 × 26%
+25.7

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

Volatility83 × 10%
+8.3

The intensity of implied volatility and the priced move.

Reconstructed score59.6Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 150.00; the largest put concentration is 115.00. The most active strike by current volume is 160.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
75.00-45.3%
0
0
80.00-41.7%
0
0
85.00-38.0%
0
0
90.00-34.4%
0
0
95.00-30.7%
0
1
105.00-23.4%
0
0
110.00-19.8%
0
5
115.00-16.1%
0
1
125.00-8.9%
0
0
140.002.1%
45
0
145.005.7%
27
0
150.009.4%
169
0
155.0013.0%
35
0
160.0016.7%
6
0
165.0020.3%
1
0
170.0024.0%
1
0
185.0034.9%
1
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.35× front/back

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

0.61 21 Aug 22d
0.50 18 Sep 50d
0.47 16 Oct 78d
0.46 18 Dec 141d
0.46 15 Jan 169d

Volatility by Strike

Upside optionality premium

Nearest expiry, within 20% of spot

Out-of-the-money calls carry higher implied volatility than comparable puts, indicating richer upside optionality.

110
115
120
125
130
135
140
145
150
155
160
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

Usable with limits

C69/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
30 Jul 2026
Calculation
v2.0
Contracts
290 / 290
  • 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

85/100
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: $3415 of estimated gross traded notional, puts · 46-90 days · otm, 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-40
1W price+2.3%
Call premium25%
Put premium75%
Notional split C 25% / P 75% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.01 Volume divided by open interest across the visible chain.
Trend fit 99/100 Agreement between options pressure and Sharemaestro market context.
Event window 3 Aug Matched earnings event is 2 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 · OTM
Puts · 46-90 days · OTM puts cluster with 10 contracts traded, $2425 estimated gross traded notional, and 71% of visible notional.
$2425
Calls · 8-21 days · OTM calls cluster with 2 contracts traded, $435 estimated gross traded notional, and 13% of visible notional.
$435
Calls · 91+ days · OTM calls cluster with 2 contracts traded, $420 estimated gross traded notional, and 12% of visible notional.
$420
Puts · 8-21 days · OTM puts cluster with 2 contracts traded, $135 estimated gross traded notional, and 4% of visible notional.
$135

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

-

2 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.

Baseline: 2 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close137.14
1W+2.3%
RS-9.3
Fair value+16.4%
Options pressure-40
Speculation40
Volatility83
Trend fit99

Today Versus Normal

Stored-options context

View history
Expected move 12.7% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 0.61 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 3.00 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.01 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:33 Bullish
Pressure 70
Move 14.0%
30 Jul 10:31 Bullish
Pressure 81
Move 12.4%
31 Jul 10:21 Volatility
Pressure -40
Move 12.7%
1 Aug 09:54 Volatility
Pressure 100
Move 12.2%

Strike Map

Where activity is clustering

Full strike map
Strike75.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike80.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike85.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike90.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike95.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike100.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike105.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike110.00
Calls · V 0 · OI 0
Puts · V 1 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts48
Avg IV0.61
Put-call1.00
Expiry18 Sep 2026
Contracts54
Avg IV0.50
Put-call-
Expiry16 Oct 2026
Contracts64
Avg IV0.47
Put-call-
Expiry18 Dec 2026
Contracts66
Avg IV0.46
Put-call-
Expiry15 Jan 2027
Contracts58
Avg IV0.46
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.58
Put IV0.61
Skew0.03
18 Sep 2026Balanced skew
Call IV0.47
Put IV0.52
Skew0.05
16 Oct 2026Balanced skew
Call IV0.43
Put IV0.48
Skew0.05
18 Dec 2026Balanced skew
Call IV0.43
Put IV0.47
Skew0.04
15 Jan 2027Balanced skew
Call IV0.42
Put IV0.46
Skew0.04

Contract Tape

Most active contracts

Full contract tape
ContractJBTM260918P00115000
SidePut
Expiry18 Sep 2026
Strike115.00
Volume10
OI2
IV0.57
ContractJBTM260821C00160000
SideCall
Expiry21 Aug 2026
Strike160.00
Volume2
OI6
IV0.58
ContractJBTM261218C00200000
SideCall
Expiry18 Dec 2026
Strike200.00
Volume1
OI327
IV0.44
ContractJBTM260821P00115000
SidePut
Expiry21 Aug 2026
Strike115.00
Volume1
OI5
IV0.31
ContractJBTM260821P00110000
SidePut
Expiry21 Aug 2026
Strike110.00
Volume1
OI-
IV0.37
ContractJBTM270115C00210000
SideCall
Expiry15 Jan 2027
Strike210.00
Volume1
OI-
IV0.41
ContractJBTM261218C00220000
SideCall
Expiry18 Dec 2026
Strike220.00
Volume-
OI401
IV0.23
ContractJBTM270115C00135000
SideCall
Expiry15 Jan 2027
Strike135.00
Volume-
OI190
IV0.45