Ticker Options Intelligence

SNPS options intelligence

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

Conviction 33 Market data through 29 Jul 2026 Checked 30 Jul 2026 09:43 · complete available chain

Options-market disagreement

Mixed pressure

SNPS currently carries mixed options pressure with a 33/100 conviction score. The nearest-chain expected move is 3.5%, with volume/open-interest participation at 0.03.

Primary read Mixed

Options-market disagreement

Expected move 3.5%

Near-term move context

Activity / OI 0.03

Current volume is quieter versus prior open interest

Put-call 0.80

Balanced tape

Trend fit 55

Options are not fully confirming trend

Weekly backdrop -2.8%

RS -27.3

Expected move 3.5%
Put-call volume 0.80
Volume / OI 0.03
Reference IV 0.59
Max pain 385.00
Underlying 373.47
Nearest expiry 31 Jul 2026
Contracts 1914

Options Intent Radar

Put-heavy activity

61/100
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 No clean flow/price divergence

The options read is mixed, so divergence is not strong enough to classify.

Why this matters

Put-heavy activity matters because it connects the options headline to the actual evidence: $4.7M of estimated gross traded notional, puts · 46-90 days · itm, 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+10
1W price-2.8%
Call premium36%
Put premium64%
Notional split C 36% / P 64% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.03 Volume divided by open interest across the visible chain.
Trend fit 55/100 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 · 46-90 days · ITM
Puts · 46-90 days · ITM puts cluster with 88 contracts traded, $873800 estimated gross traded notional, and 19% of visible notional.
$873800
Puts · 91+ days · ITM puts cluster with 71 contracts traded, $821160 estimated gross traded notional, and 17% of visible notional.
$821160
Calls · 91+ days · OTM calls cluster with 247 contracts traded, $642414 estimated gross traded notional, and 14% of visible notional.
$642414
Calls · 22-45 days · OTM calls cluster with 408 contracts traded, $273109 estimated gross traded notional, and 6% of visible notional.
$273109
Puts · 8-21 days · ATM puts cluster with 159 contracts traded, $201455 estimated gross traded notional, and 4% of visible notional.
$201455

Setup Classification

Opportunity and risk frame

Context, not advice
Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Activity Anomaly

Normal range

33

Activity is broadly in line with recent stored snapshots.

Volume rank0th
Volume/OI rank0th
IV rank100th

Market Context

Underlying confirmation

Sharemaestro weekly
Close373.47
1W-2.8%
RS-27.3
Fair value-25.3%
Options pressure10
Speculation41
Volatility55
Trend fit55

Today Versus Normal

Stored-options context

View history
Expected move 3.5% muted
30d avg 4.8% · 1 read 0th
90d avg 4.8% · 1 read 0th
180d avg 4.8% · 1 read 0th
IV 0.59 elevated
30d avg 0.55 · 1 read 100th
90d avg 0.55 · 1 read 100th
180d avg 0.55 · 1 read 100th
Put-call 0.80 muted
30d avg 1.23 · 1 read 0th
90d avg 1.23 · 1 read 0th
180d avg 1.23 · 1 read 0th
Volume/OI 0.03 muted
30d avg 0.04 · 1 read 0th
90d avg 0.04 · 1 read 0th
180d avg 0.04 · 1 read 0th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:03 Mixed
Pressure -11
Move 4.8%
30 Jul 08:43 Mixed
Pressure 10
Move 3.5%

Strike Map

Where activity is clustering

Full strike map
Strike255.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike260.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike265.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike270.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike275.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike280.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike285.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike290.00
Calls · V 0 · OI 0
Puts · V 0 · OI 4

Term Structure

Expiration activity

Volume and IV
Expiry31 Jul 2026
Contracts258
Avg IV0.59
Put-call1.07
Expiry7 Aug 2026
Contracts224
Avg IV0.54
Put-call4.74
Expiry14 Aug 2026
Contracts176
Avg IV0.56
Put-call5.57
Expiry21 Aug 2026
Contracts136
Avg IV0.54
Put-call0.26
Expiry28 Aug 2026
Contracts152
Avg IV0.60
Put-call2.00

Skew

Call/put IV balance

OTM demand
31 Jul 2026Balanced skew
Call IV0.82
Put IV0.86
Skew0.04
7 Aug 2026Put IV premium
Call IV0.53
Put IV0.63
Skew0.10
14 Aug 2026Balanced skew
Call IV0.56
Put IV0.53
Skew-0.03
21 Aug 2026Balanced skew
Call IV0.51
Put IV0.55
Skew0.04
28 Aug 2026Balanced skew
Call IV0.62
Put IV0.63
Skew0.01

Contract Tape

Most active contracts

Full contract tape
ContractSNPS260821C00392500
SideCall
Expiry21 Aug 2026
Strike392.50
Volume112
OI27
IV0.55
ContractSNPS260821C00430000
SideCall
Expiry21 Aug 2026
Strike430.00
Volume109
OI459
IV0.48
ContractSNPS260918C00450000
SideCall
Expiry18 Sep 2026
Strike450.00
Volume103
OI267
IV0.54
ContractSNPS260731P00375000
SidePut
Expiry31 Jul 2026
Strike375.00
Volume103
OI44
IV0.54
ContractSNPS260807P00372500
SidePut
Expiry7 Aug 2026
Strike372.50
Volume92
OI4
IV0.53
ContractSNPS260731P00377500
SidePut
Expiry31 Jul 2026
Strike377.50
Volume75
OI34
IV0.56
ContractSNPS260731C00380000
SideCall
Expiry31 Jul 2026
Strike380.00
Volume55
OI50
IV0.64
ContractSNPS260731P00380000
SidePut
Expiry31 Jul 2026
Strike380.00
Volume45
OI47
IV0.55