Ticker Options Intelligence

ALKT options intelligence

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

Conviction 53 Market data through 12 Aug 2026 Checked 13 Aug 2026 12:22 · complete available chain

Put-side pressure

Bearish pressure

ALKT currently carries bearish options pressure with a 53/100 conviction score. The nearest-chain expected move is 6.0%, with volume/open-interest participation at 0.37.

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

Put-side pressure

Expected move 6.0%

Near-term move context

Activity / OI 0.37

Current volume is quieter versus prior open interest

Put-call 1.83

Put-side skew

Trend fit 98

Options agree with trend context

Weekly backdrop +8.6%

RS -13.4

Expected move 6.0%
Put-call volume 1.83
Volume / OI 0.37
Reference IV 0.63
Max pain 17.50
Underlying 19.73
Nearest expiry 21 Aug 2026
Contracts 104

Research Brief

ALKT has a bearish chain read with 53/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 18.56–20.90; The largest call open-interest concentration is 20.00; the largest put concentration is 15.00. The most active strike by current volume is 17.50.

Priced range18.56–20.90
Call concentration20.00
Put concentration15.00
Max pain reference17.50
What would confirm it
  • Price remains weak while put-side concentration persists.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Price recovers while put pressure fades or reverses toward calls.
  • 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 18.56 to 20.90. Max pain at 17.50 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
18.5619.73 ± 1.1720.90
Confirmation level

A close beyond 20.90 or below 18.56 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 53/100

Evidence alignment, not probability

Pressure is 27/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure27 × 42%
+11.3

How strongly activity leans toward calls or puts.

Participation45 × 22%
+9.8

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

Trend agreement98 × 26%
+25.6

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

Volatility68 × 10%
+6.8

The intensity of implied volatility and the priced move.

Reconstructed score53.4Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 20.00; the largest put concentration is 15.00. The most active strike by current volume is 17.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
2.50-87.3%
0
0
5.00-74.7%
0
0
7.50-62.0%
0
3
10.00-49.3%
2
8
12.50-36.6%
0
4001
15.00-24.0%
50
1200
17.50-11.3%
199
1
20.001.4%
1277
0
22.5014.0%
73
0
25.0026.7%
2
0
27.5039.4%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Positive gamma proxy

Reported Greeks · 95% coverage

Call-side gamma sensitivity outweighs the put-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.

Net profile+$336,789Delta change / 1% move
Positive peak20.00+$286,167
Negative peak17.50-$25,156
Nearest balance17.70Interpolated sign change
StrikeNegativePositiveNet / 1% move
5.00-74.7%
-$0
7.50-62.0%
+$2
10.00-49.3%
+$29
12.50-36.6%
-$1,121
15.00-24.0%
-$14,333
17.50-11.3%
-$25,156
20.001.4%
+$286,167
22.5014.0%
+$21,185
25.0026.7%
+$69,668
27.5039.4%
+$182
30.0052.1%
+$72
32.5064.7%
+$27
35.0077.4%
+$67
Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike

Scenario proxy = gamma × open interest × 100 shares × spot² × 1%. Calls are positive and puts negative by convention. Missing Greeks use a Black-Scholes estimate from stored IV with zero rate and dividend assumptions. Open interest does not reveal who is long or short, so this is not observed dealer positioning or a forecast.

Volatility Curve

Front-loaded volatility

1.33× front/back

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

0.63 21 Aug 9d
0.54 18 Sep 37d
0.50 18 Dec 128d
0.47 19 Mar 219d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

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

18
20
23
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 matured · 0 directional

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
  • Auditable calculationoriginal version retained
  • Independent entryone read per market session
  • Point-in-time referencerequired at entry
  • Matched expiry closereported only after maturity

Eligible snapshots must have a dated market session, stored signal, and point-in-time market reference. Each observation uses one read per market session and the first stored weekly close on or immediately after expiry; its original calculation version is retained. It is an evidence audit, not an executable strategy or evidence of future performance.

Evidence Quality

High

A100/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
12 Aug 2026
Calculation
v2.0
Contracts
104 / 104
  • 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

Put-heavy activity

62/100
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 Bearish flow against rising price

Put-side pressure is building while price is rising, a cautionary divergence.

Why this matters

Put-heavy activity matters because it connects the options headline to the actual evidence: $363,188 of estimated gross traded notional, calls · 22-45 days · atm, and a bearish flow against rising price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-27
1W price+8.6%
Call premium72%
Put premium28%
Notional split C 72% / P 28% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.37 Volume divided by open interest across the visible chain.
Trend fit 98/100 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 Calls · 22-45 days · ATM
Calls · 22-45 days · ATM calls cluster with 1048 contracts traded, $149,340 estimated gross traded notional, and 41% of visible notional.
$149,340
Calls · 22-45 days · OTM calls cluster with 1002 contracts traded, $105,065 estimated gross traded notional, and 29% of visible notional.
$105,065
Puts · 22-45 days · OTM puts cluster with 3741 contracts traded, $102,878 estimated gross traded notional, and 28% of visible notional.
$102,878
Calls · 91+ days · ITM calls cluster with 5 contracts traded, $2,925 estimated gross traded notional, and 1% of visible notional.
$2,925
Calls · 91+ days · ATM calls cluster with 5 contracts traded, $1,312 estimated gross traded notional, and 0% of visible notional.
$1,312

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 Bearish pressure under fair value

Put pressure is building after the stock has already moved below fair value.

Activity Anomaly

Warming up

-

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

Baseline: 9 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close19.73
1W+8.6%
RS-13.4
Fair value-21.3%
Options pressure-27
Speculation45
Volatility68
Trend fit98

Today Versus Normal

Stored-options context

View history
Expected move 6.0% history building
30d avg - · 9/10 sessions -
90d avg - · 9/30 sessions -
180d avg - · 9/60 sessions -
IV 0.63 history building
30d avg - · 9/10 sessions -
90d avg - · 9/30 sessions -
180d avg - · 9/60 sessions -
Put-call 1.83 history building
30d avg - · 9/10 sessions -
90d avg - · 9/30 sessions -
180d avg - · 9/60 sessions -
Volume/OI 0.37 history building
30d avg - · 9/10 sessions -
90d avg - · 9/30 sessions -
180d avg - · 9/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:02 Volatility
Pressure 88
Move 13.8%
30 Jul 10:50 Volatility
Pressure 83
Move 10.3%
31 Jul 10:34 Bullish
Pressure 72
Move 11.2%
2 Aug 18:33 Mixed
Pressure 6
Move 11.1%
4 Aug 10:42 Volatility
Pressure 84
Move 12.4%
5 Aug 11:12 Bullish
Pressure 69
Move 11.4%
6 Aug 11:15 Bullish
Pressure 88
Move 10.3%
10 Aug 11:04 Volatility
Pressure 100
Move 10.8%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike7.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike10.00
Calls · V 0 · OI 2
Puts · V 0 · OI 3
Strike12.50
Calls · V 0 · OI 0
Puts · V 0 · OI 8
Strike15.00
Calls · V 0 · OI 50
Puts · V 0 · OI 4001
Strike17.50
Calls · V 0 · OI 199
Puts · V 56 · OI 1200
Strike20.00
Calls · V 15 · OI 1277
Puts · V 0 · OI 1

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts22
Avg IV0.63
Put-call3.73
Expiry18 Sep 2026
Contracts28
Avg IV0.54
Put-call1.82
Expiry18 Dec 2026
Contracts28
Avg IV0.50
Put-call-
Expiry19 Mar 2027
Contracts26
Avg IV0.47
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.34
Put IV0.45
Skew0.12
18 Sep 2026Put IV premium
Call IV0.41
Put IV0.49
Skew0.09
18 Dec 2026Put IV premium
Call IV0.39
Put IV0.57
Skew0.19
19 Mar 2027Put IV premium
Call IV0.37
Put IV0.59
Skew0.22

Contract Tape

Most active contracts

Full contract tape
ContractALKT260918P00017500
SidePut
Expiry18 Sep 2026
Strike17.50
Volume3741
OI832
IV0.49
ContractALKT260918C00020000
SideCall
Expiry18 Sep 2026
Strike20.00
Volume1048
OI2502
IV0.50
ContractALKT260918C00025000
SideCall
Expiry18 Sep 2026
Strike25.00
Volume1000
OI2054
IV0.98
ContractALKT260821P00017500
SidePut
Expiry21 Aug 2026
Strike17.50
Volume56
OI1200
IV0.45
ContractALKT260821C00020000
SideCall
Expiry21 Aug 2026
Strike20.00
Volume15
OI1277
IV0.38
ContractALKT261218C00020000
SideCall
Expiry18 Dec 2026
Strike20.00
Volume5
OI193
IV0.50
ContractALKT261218C00015000
SideCall
Expiry18 Dec 2026
Strike15.00
Volume5
OI72
IV0.53
ContractALKT260918C00022500
SideCall
Expiry18 Sep 2026
Strike22.50
Volume2
OI343
IV0.41

Evidence context