Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
MEOH options intelligence
Methanex Corporation options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
37
Market data through 30 Jul 2026
Checked 31 Jul 2026 04:42 · complete available chain
Options-market disagreement
Mixed pressure
MEOH currently carries mixed options pressure with a 37/100 conviction score. The nearest-chain expected move is 10.7%, with volume/open-interest participation at 0.00.
Expected move
10.7%
Wider near-term move priced
Activity / OI
0.00
Current volume is quieter versus prior open interest
Put-call
1.15
Balanced tape
Trend fit
74
Options agree with trend context
Weekly backdrop
+1.9%
RS 11.2
Expected move
10.7%
Put-call volume
1.15
Volume / OI
0.00
Reference IV
0.53
Max pain
55.00
Underlying
55.86
Nearest expiry
21 Aug 2026
Contracts
174
Research Brief
MEOH has a mixed chain read with 37/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 49.86–61.86; The largest call open-interest concentration is 75.00; the largest put concentration is 55.00. The most active strike by current volume is 60.00.
Priced range49.86–61.86
Call concentration75.00
Put concentration55.00
Max pain reference55.00
- A clear directional pressure reading develops and price begins to agree.
- The current chain read already agrees with the stored weekly trend context.
- Volatility falls and the chain remains directionally mixed.
Priced Move
Where the chain says movement becomes exceptional
Options imply 49.86 to 61.86. Max pain at 55.00 sits inside that range, 1.5% below spot.
Spot
Max pain
49.8655.86 ± 6.0061.86
Confirmation level
A close beyond 61.86 or below 49.86 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 37/100
Pressure is 4/100 toward puts; conviction uses its strength, while the signal label carries its direction.
Directional pressure4 × 42%
+1.7
How strongly activity leans toward calls or puts.
Participation40 × 22%
+8.8
Volume relative to existing open interest and contract-level activity.
Trend agreement74 × 26%
+19.1
How closely the chain read agrees with the underlying trend backdrop.
Volatility77 × 10%
+7.7
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
The largest call open-interest concentration is 75.00; the largest put concentration is 55.00. The most active strike by current volume is 60.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
17.50-68.7%
0
0
20.00-64.2%
0
0
22.50-59.7%
0
0
25.00-55.2%
0
21
35.00-37.3%
5
439
40.00-28.4%
2
54
45.00-19.4%
8
25
50.00-10.5%
275
1021
55.00-1.5%
110
46
60.007.4%
536
3
65.0016.4%
358
0
70.0025.3%
1095
0
75.0034.3%
40653
0
80.0043.2%
246
0
85.0052.2%
6054
0
90.0061.1%
78
0
95.0070.1%
13
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Balanced volatility curve
Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.
0.53
21 Aug
22d
0.52
18 Sep
50d
0.51
16 Oct
78d
0.53
18 Dec
141d
0.51
15 Jan
169d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
45
50
55
60
65
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
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
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 30 Jul 2026
- Calculation
- v2.0
- Contracts
- 174 / 174
- 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
Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.
The options read is mixed, so divergence is not strong enough to classify.
Put-heavy activity matters because it connects the options headline to the actual evidence: $75505 of estimated gross traded notional, puts · 46-90 days · atm, 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-4
1W price+1.9%
Call premium21%
Put premium79%
Notional split
C 21% / P 79%
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
74/100
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.
Puts · 46-90 days · ATM
puts cluster with 86 contracts traded, $42570 estimated gross traded notional, and 56% of visible notional.
$42570
Calls · 8-21 days · OTM
calls cluster with 77 contracts traded, $8182 estimated gross traded notional, and 11% of visible notional.
$8182
Puts · 91+ days · ITM
puts cluster with 8 contracts traded, $8040 estimated gross traded notional, and 11% of visible notional.
$8040
Puts · 91+ days · ATM
puts cluster with 10 contracts traded, $6800 estimated gross traded notional, and 9% of visible notional.
$6800
Calls · 8-21 days · ATM
calls cluster with 11 contracts traded, $3245 estimated gross traded notional, and 4% of visible notional.
$3245
Setup Classification
Opportunity and risk frame
Positioning agrees with the Sharemaestro trend backdrop.
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Underlying price is close to the max-pain zone.
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
Close55.86
1W+1.9%
RS11.2
Fair value+29.4%
Options pressure-4
Speculation40
Volatility77
Trend fit74
Today Versus Normal
Stored-options context
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:41
Bullish
Pressure 50
Move 10.4%
30 Jul 10:38
Volatility
Pressure 100
Move 11.5%
31 Jul 03:42
Mixed
Pressure -4
Move 10.7%
Strike Map
Where activity is clustering
Strike17.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike20.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike22.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike25.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike30.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike35.00
Calls · V 0 · OI 5
Puts · V 0 · OI 21
Strike40.00
Calls · V 0 · OI 2
Puts · V 0 · OI 439
Strike45.00
Calls · V 0 · OI 8
Puts · V 1 · OI 54
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts36
Avg IV0.53
Put-call0.03
Expiry18 Sep 2026
Contracts36
Avg IV0.52
Put-call-
Expiry16 Oct 2026
Contracts36
Avg IV0.51
Put-call29.67
Expiry18 Dec 2026
Contracts36
Avg IV0.53
Put-call-
Expiry15 Jan 2027
Contracts30
Avg IV0.51
Put-call4.00
Skew
Call/put IV balance
21 Aug 2026Balanced skew
Call IV0.51
Put IV0.50
Skew-0.01
18 Sep 2026Balanced skew
Call IV0.52
Put IV0.55
Skew0.03
16 Oct 2026Balanced skew
Call IV0.50
Put IV0.51
Skew0.01
18 Dec 2026Balanced skew
Call IV0.52
Put IV0.57
Skew0.05
15 Jan 2027Put IV premium
Call IV0.48
Put IV0.56
Skew0.08
Contract Tape
Most active contracts
ContractMEOH261016P00055000
SidePut
Expiry16 Oct 2026
Strike55.00
Volume86
OI12
IV0.52
ContractMEOH260821C00060000
SideCall
Expiry21 Aug 2026
Strike60.00
Volume71
OI536
IV0.51
ContractMEOH260821C00055000
SideCall
Expiry21 Aug 2026
Strike55.00
Volume11
OI110
IV0.52
ContractMEOH261218P00055000
SidePut
Expiry18 Dec 2026
Strike55.00
Volume10
OI4
IV0.54
ContractMEOH270115P00060000
SidePut
Expiry15 Jan 2027
Strike60.00
Volume8
OI12
IV0.52
ContractMEOH260821C00065000
SideCall
Expiry21 Aug 2026
Strike65.00
Volume6
OI358
IV0.50
ContractMEOH261016C00055000
SideCall
Expiry16 Oct 2026
Strike55.00
Volume3
OI59
IV0.49
ContractMEOH261016P00060000
SidePut
Expiry16 Oct 2026
Strike60.00
Volume3
OI3
IV0.48
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
No recent market-watch posts yet.
Earnings
No upcoming matched earnings event.
Plain English Guide
Options context
What usually looks constructive
What usually looks cautious
Options can move quickly and can lose value fast. Treat this as research context, not a buy or sell instruction.