Ticker Options Intelligence

CVCO options intelligence

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

Conviction 36 Market data through 31 Jul 2026 Checked 2 Aug 2026 02:13 · complete available chain

Call-side pressure

Bullish pressure

CVCO currently carries bullish options pressure with a 36/100 conviction score. The nearest-chain expected move is 8.0%, 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 Bullish

Call-side pressure

Expected move 8.0%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 0.60

Call-side skew

Trend fit 24

Options are not fully confirming trend

Weekly backdrop -4.0%

RS -9.7

Expected move 8.0%
Put-call volume 0.60
Volume / OI 0.01
Reference IV 0.42
Max pain 560.00
Underlying 547.03
Nearest expiry 21 Aug 2026
Contracts 506

Research Brief

CVCO has a bullish chain read with 36/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 503.53–590.53; The largest call open-interest concentration is 630.00; the largest put concentration is 520.00. The most active strike by current volume is 580.00.

Priced range503.53–590.53
Call concentration630.00
Put concentration520.00
Max pain reference560.00
What would confirm it
  • Price holds or improves while call-side concentration remains elevated.
What would weaken it
  • Price weakens while call pressure fades or reverses toward puts.
  • Options and the weekly trend are not yet giving the same message.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 503.53 to 590.53. Max pain at 560.00 sits inside that range, 2.4% above spot.

Spot Max pain
503.53547.03 ± 43.50590.53
Confirmation level

A close beyond 590.53 or below 503.53 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 36/100

Evidence alignment, not probability

Pressure is 36/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure37 × 42%
+15.3

How strongly activity leans toward calls or puts.

Participation40 × 22%
+8.9

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

Trend agreement24 × 26%
+6.1

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

Volatility61 × 10%
+6.1

The intensity of implied volatility and the priced move.

Reconstructed score36.5Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 630.00; the largest put concentration is 520.00. The most active strike by current volume is 580.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
1
480.00-12.3%
0
2
500.00-8.6%
0
1
510.00-6.8%
0
18
520.00-4.9%
0
1
530.00-3.1%
0
1
540.00-1.3%
0
3
560.002.4%
0
0
570.004.2%
2
0
580.006.0%
1
0
600.009.7%
1
0
610.0011.5%
3
0
620.0013.3%
4
0
630.0015.2%
6
0
650.0018.8%
1
0
680.0024.3%
0
0
690.0026.1%
0
0
700.0028.0%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

0.98× front/back

Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.

0.42 21 Aug 21d
0.41 18 Sep 49d
0.43 18 Dec 140d
0.42 15 Jan 168d
0.43 19 Mar 231d

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.

460
470
480
490
500
510
520
530
540
550
560
570
580
590
600
610
620
630
640
650
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

A100/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
506 / 506
  • 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

71/100
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 Bullish flow against weak price

Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.

Why this matters

Put-heavy activity matters because it connects the options headline to the actual evidence: $151945 of estimated gross traded notional, puts · 8-21 days · itm, and a bullish flow against weak price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+36
1W price-4.0%
Call premium35%
Put premium65%
Notional split C 35% / P 65% 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 24/100 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 · 8-21 days · ITM
Puts · 8-21 days · ITM puts cluster with 5 contracts traded, $76700 estimated gross traded notional, and 50% of visible notional.
$76700
Calls · 91+ days · ATM calls cluster with 6 contracts traded, $45850 estimated gross traded notional, and 30% of visible notional.
$45850
Puts · 46-90 days · ITM puts cluster with 1 contracts traded, $17330 estimated gross traded notional, and 11% of visible notional.
$17330
Calls · 8-21 days · OTM calls cluster with 8 contracts traded, $6595 estimated gross traded notional, and 4% of visible notional.
$6595
Puts · 8-21 days · ATM puts cluster with 1 contracts traded, $2800 estimated gross traded notional, and 2% of visible notional.
$2800

Setup Classification

Opportunity and risk frame

Context, not advice
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.

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

Warning Bullish pressure over fair value

Call pressure is building while the stock sits above Sharemaestro fair value.

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
Close547.03
1W-4.0%
RS-9.7
Fair value+21.9%
Options pressure37
Speculation40
Volatility61
Trend fit24

Today Versus Normal

Stored-options context

View history
Expected move 8.0% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.42 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.60 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.01 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 10:43 Volatility
Pressure 100
Move 11.5%
30 Jul 06:59 Bullish
Pressure 86
Move 11.4%
30 Jul 15:23 Bullish
Pressure 53
Move 13.9%
30 Jul 19:53 Bullish
Pressure 56
Move 14.4%
2 Aug 01:13 Bullish
Pressure 37
Move 8.0%

Strike Map

Where activity is clustering

Full strike map
Strike460.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike470.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike480.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike490.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike500.00
Calls · V 0 · OI 0
Puts · V 1 · OI 2
Strike510.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike520.00
Calls · V 0 · OI 0
Puts · V 0 · OI 18
Strike530.00
Calls · V 0 · OI 0
Puts · V 1 · OI 1

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts58
Avg IV0.42
Put-call1.00
Expiry18 Sep 2026
Contracts130
Avg IV0.41
Put-call1.00
Expiry18 Dec 2026
Contracts118
Avg IV0.43
Put-call-
Expiry15 Jan 2027
Contracts118
Avg IV0.42
Put-call-
Expiry19 Mar 2027
Contracts82
Avg IV0.43
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.43
Put IV0.44
Skew0.01
18 Sep 2026Balanced skew
Call IV0.40
Put IV0.43
Skew0.04
18 Dec 2026Balanced skew
Call IV0.41
Put IV0.44
Skew0.03
15 Jan 2027Balanced skew
Call IV0.41
Put IV0.43
Skew0.02
19 Mar 2027Balanced skew
Call IV0.41
Put IV0.44
Skew0.03

Contract Tape

Most active contracts

Full contract tape
ContractCVCO260821C00580000
SideCall
Expiry21 Aug 2026
Strike580.00
Volume6
OI1
IV0.41
ContractCVCO270319C00550000
SideCall
Expiry19 Mar 2027
Strike550.00
Volume4
OI3
IV0.43
ContractCVCO270115C00550000
SideCall
Expiry15 Jan 2027
Strike550.00
Volume1
OI15
IV0.42
ContractCVCO260918C00700000
SideCall
Expiry18 Sep 2026
Strike700.00
Volume1
OI7
IV0.50
ContractCVCO270319C00560000
SideCall
Expiry19 Mar 2027
Strike560.00
Volume1
OI6
IV0.43
ContractCVCO260821C00630000
SideCall
Expiry21 Aug 2026
Strike630.00
Volume1
OI6
IV0.19
ContractCVCO260821P00560000
SidePut
Expiry21 Aug 2026
Strike560.00
Volume1
OI3
IV0.41
ContractCVCO260821C00610000
SideCall
Expiry21 Aug 2026
Strike610.00
Volume1
OI3
IV0.46