Ticker Options Intelligence

MITK options intelligence

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

Conviction 54 Market data through 30 Jul 2026 Checked 31 Jul 2026 11:43 · complete available chain

Volatility expansion watch

Volatility pressure

MITK currently carries volatility options pressure with a 54/100 conviction score. The nearest-chain expected move is 18.2%, with volume/open-interest participation at 0.02.

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

Volatility expansion watch

Expected move 18.2%

Wider near-term move priced

Activity / OI 0.02

Current volume is quieter versus prior open interest

Put-call 0.01

Call-side skew

Trend fit 2

Options are not fully confirming trend

Weekly backdrop -1.0%

RS 22.4

Expected move 18.2%
Put-call volume 0.01
Volume / OI 0.02
Reference IV 0.91
Max pain 17.50
Underlying 16.87
Nearest expiry 21 Aug 2026
Contracts 116

Research Brief

MITK has a volatility chain read with 54/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 13.79–19.95; The largest call open-interest concentration is 17.50; the largest put concentration is 15.00. The most active strike by current volume is 17.50.

Priced range13.79–19.95
Call concentration17.50
Put concentration15.00
Max pain reference17.50
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • Options and the weekly trend are not yet giving the same message.
  • 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 13.79 to 19.95. Max pain at 17.50 sits inside that range, 3.7% above spot.

Spot Max pain
13.7916.87 ± 3.0819.95
Confirmation level

A close beyond 19.95 or below 13.79 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 54/100

Evidence alignment, not probability

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

Directional pressure100 × 42%
+42.0

How strongly activity leans toward calls or puts.

Participation9 × 22%
+1.9

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

Trend agreement2 × 26%
+0.5

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

Volatility96 × 10%
+9.6

The intensity of implied volatility and the priced move.

Reconstructed score54.0Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 17.50; 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
2.50-85.2%
0
0
5.00-70.4%
0
0
7.50-55.5%
0
5
10.00-40.7%
12
51
12.50-25.9%
0
232
15.00-11.1%
30
231
17.503.7%
500
13
20.0018.6%
249
1
22.5033.4%
131
2
25.0048.2%
157
0
30.0077.8%
9
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.25× front/back

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

0.91 21 Aug 22d
0.80 18 Sep 50d
0.73 16 Oct 78d
0.74 20 Nov 113d
0.73 15 Jan 169d

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.

15
18
20
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
116 / 116
  • 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: $170032 of estimated gross traded notional, calls · 91+ days · itm, 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+100
1W price-1.0%
Call premium99%
Put premium1%
Notional split C 99% / P 1% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.02 Volume divided by open interest across the visible chain.
Trend fit 2/100 Agreement between options pressure and Sharemaestro market context.
Event window 6 Aug Matched earnings event is 4 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 Calls · 91+ days · ITM
Calls · 91+ days · ITM calls cluster with 137 contracts traded, $74190 estimated gross traded notional, and 44% of visible notional.
$74190
Calls · 46-90 days · OTM calls cluster with 279 contracts traded, $50388 estimated gross traded notional, and 30% of visible notional.
$50388
Calls · 91+ days · OTM calls cluster with 123 contracts traded, $37498 estimated gross traded notional, and 22% of visible notional.
$37498
Calls · 8-21 days · OTM calls cluster with 44 contracts traded, $4235 estimated gross traded notional, and 2% of visible notional.
$4235
Calls · 46-90 days · ITM calls cluster with 7 contracts traded, $2450 estimated gross traded notional, and 1% of visible notional.
$2450

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.

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
Close16.70
1W-1.0%
RS22.4
Fair value+47.9%
Options pressure100
Speculation9
Volatility96
Trend fit2

Today Versus Normal

Stored-options context

View history
Expected move 18.2% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 0.91 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 0.01 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.02 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 11:18 Volatility
Pressure 67
Move 17.8%
30 Jul 11:03 Volatility
Pressure 85
Move 17.9%
31 Jul 10:43 Volatility
Pressure 100
Move 18.2%

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 12
Puts · V 0 · OI 5
Strike12.50
Calls · V 0 · OI 0
Puts · V 0 · OI 51
Strike15.00
Calls · V 0 · OI 30
Puts · V 0 · OI 232
Strike17.50
Calls · V 22 · OI 500
Puts · V 0 · OI 231
Strike20.00
Calls · V 22 · OI 249
Puts · V 0 · OI 13

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts22
Avg IV0.91
Put-call-
Expiry18 Sep 2026
Contracts24
Avg IV0.80
Put-call0.00
Expiry16 Oct 2026
Contracts22
Avg IV0.73
Put-call0.05
Expiry20 Nov 2026
Contracts24
Avg IV0.74
Put-call0.01
Expiry15 Jan 2027
Contracts24
Avg IV0.73
Put-call0.02

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.88
Put IV0.96
Skew0.08
18 Sep 2026Balanced skew
Call IV0.80
Put IV0.79
Skew-0.01
16 Oct 2026Balanced skew
Call IV0.72
Put IV0.75
Skew0.03
20 Nov 2026Balanced skew
Call IV0.72
Put IV0.70
Skew-0.02
15 Jan 2027Balanced skew
Call IV0.76
Put IV0.74
Skew-0.02

Contract Tape

Most active contracts

Full contract tape
ContractMITK260918C00017500
SideCall
Expiry18 Sep 2026
Strike17.50
Volume266
OI-
IV0.79
ContractMITK270115C00017500
SideCall
Expiry15 Jan 2027
Strike17.50
Volume109
OI3733
IV0.72
ContractMITK261120C00012500
SideCall
Expiry20 Nov 2026
Strike12.50
Volume60
OI4846
IV0.79
ContractMITK270115C00012500
SideCall
Expiry15 Jan 2027
Strike12.50
Volume50
OI1020
IV0.78
ContractMITK260821C00017500
SideCall
Expiry21 Aug 2026
Strike17.50
Volume22
OI500
IV0.93
ContractMITK260821C00020000
SideCall
Expiry21 Aug 2026
Strike20.00
Volume22
OI249
IV0.88
ContractMITK261120C00015000
SideCall
Expiry20 Nov 2026
Strike15.00
Volume21
OI881
IV0.75
ContractMITK261016C00020000
SideCall
Expiry16 Oct 2026
Strike20.00
Volume10
OI1886
IV0.72