Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
RAMP options intelligence
Liveramp Holdings Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
37
Market data through 31 Jul 2026
Checked 31 Jul 2026 18:03 · complete available chain
Call-side pressure
Bullish pressure
RAMP currently carries bullish options pressure with a 37/100 conviction score. The nearest-chain expected move is 2.7%, with volume/open-interest participation at 0.03.
Expected move
2.7%
Near-term move context
Activity / OI
0.03
Current volume is quieter versus prior open interest
Put-call
0.58
Call-side skew
Trend fit
64
Options agree with trend context
Weekly backdrop
+0.5%
RS 17.3
Expected move
2.7%
Put-call volume
0.58
Volume / OI
0.03
Reference IV
0.44
Max pain
35.00
Underlying
37.67
Nearest expiry
21 Aug 2026
Contracts
46
Research Brief
RAMP has a bullish 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 36.67–38.67; The largest call open-interest concentration is 40.00; the largest put concentration is 35.00. The most active strike by current volume is 40.00.
Priced range36.67–38.67
Call concentration40.00
Put concentration35.00
Max pain reference35.00
- Price holds or improves while call-side concentration remains elevated.
- The current chain read already agrees with the stored weekly trend context.
- Price weakens while call pressure fades or reverses toward puts.
- 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
Options imply 36.67 to 38.67. Max pain at 35.00 lies outside the priced range, so it is a weak near-term anchor.
Spot
Max pain
36.6737.67 ± 1.0038.67
Confirmation level
A close beyond 38.67 or below 36.67 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 34/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure34 × 42%
+14.3
How strongly activity leans toward calls or puts.
Participation9 × 22%
+1.9
Volume relative to existing open interest and contract-level activity.
Trend agreement64 × 26%
+16.8
How closely the chain read agrees with the underlying trend backdrop.
Volatility41 × 10%
+4.1
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 40.00; the largest put concentration is 35.00. The most active strike by current volume is 40.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
12.50-66.8%
0
0
15.00-60.2%
1
0
17.50-53.5%
33
3
20.00-46.9%
0
2
22.50-40.3%
0
0
25.00-33.6%
0
0
27.50-27.0%
0
0
30.00-20.4%
114
10
32.50-13.7%
66
321
35.00-7.1%
416
244
37.50-0.5%
413
0
40.006.2%
1048
0
42.5012.8%
0
0
45.0019.5%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Front-loaded volatility
Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.
0.44
21 Aug
21d
0.18
20 Nov
112d
0.16
18 Dec
140d
0.21
15 Jan
168d
0.12
19 Feb
203d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
33
35
38
40
43
45
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
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 46 / 46
- 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
Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.
Call-side pressure is building before a meaningful weekly price response.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $85676 of estimated gross traded notional, calls · 91+ days · itm, and a bullish flow before price confirmation backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+34
1W price+0.5%
Call premium84%
Put premium16%
Notional split
C 84% / P 16%
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
64/100
Agreement between options pressure and Sharemaestro market context.
Event window
5 Aug
Matched earnings event is 3 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Calls · 91+ days · ITM
calls cluster with 30 contracts traded, $39294 estimated gross traded notional, and 46% of visible notional.
$39294
Calls · 8-21 days · ITM
calls cluster with 23 contracts traded, $28972 estimated gross traded notional, and 34% of visible notional.
$28972
Puts · 91+ days · ITM
puts cluster with 10 contracts traded, $7200 estimated gross traded notional, and 8% of visible notional.
$7200
Puts · 8-21 days · OTM
puts cluster with 244 contracts traded, $6090 estimated gross traded notional, and 7% of visible notional.
$6090
Calls · 8-21 days · OTM
calls cluster with 297 contracts traded, $1735 estimated gross traded notional, and 2% of visible notional.
$1735
Setup Classification
Opportunity and risk frame
Expected move or upcoming earnings makes the setup more event-sensitive.
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
Close37.87
1W+0.5%
RS17.3
Fair value+24.0%
Options pressure34
Speculation9
Volatility41
Trend fit64
Today Versus Normal
Stored-options context
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 1/10 sessions
-
90d avg - · 1/30 sessions
-
180d avg - · 1/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:59
Bearish
Pressure -93
Move 3.7%
30 Jul 10:48
Mixed
Pressure 7
Move 4.3%
31 Jul 10:32
Bullish
Pressure 100
Move 4.0%
31 Jul 13:59
Bullish
Pressure 34
Move 2.7%
31 Jul 15:35
Bullish
Pressure 34
Move 2.7%
31 Jul 17:03
Bullish
Pressure 34
Move 2.7%
Strike Map
Where activity is clustering
Strike12.50
Calls · V 8 · OI 0
Puts · V 0 · OI 0
Strike15.00
Calls · V 1 · OI 1
Puts · V 0 · OI 0
Strike17.50
Calls · V 1 · OI 33
Puts · V 20 · OI 0
Strike20.00
Calls · V 1 · OI 0
Puts · V 1 · OI 3
Strike22.50
Calls · V 2 · OI 0
Puts · V 2 · OI 2
Strike25.00
Calls · V 1 · OI 0
Puts · V 1 · OI 0
Strike27.50
Calls · V 1 · OI 0
Puts · V 10 · OI 0
Strike30.00
Calls · V 2 · OI 114
Puts · V 0 · OI 0
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts22
Avg IV0.44
Put-call0.76
Expiry20 Nov 2026
Contracts16
Avg IV0.18
Put-call0.19
Expiry18 Dec 2026
Contracts3
Avg IV0.16
Put-call-
Expiry15 Jan 2027
Contracts4
Avg IV0.21
Put-call-
Expiry19 Feb 2027
Contracts1
Avg IV0.12
Put-call-
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV0.19
Put IV0.32
Skew0.14
20 Nov 2026Balanced skew
Call IV0.12
Put IV0.14
Skew0.02
18 Dec 2026Incomplete skew
Call IV0.12
Put IV-
Skew-
15 Jan 2027Incomplete skew
Call IV0.11
Put IV-
Skew-
19 Feb 2027Incomplete skew
Call IV0.12
Put IV-
Skew-
Contract Tape
Most active contracts
ContractRAMP270219C00040000
SideCall
Expiry19 Feb 2027
Strike40.00
Volume-
OI1
IV0.12
ContractRAMP260821C00045000
SideCall
Expiry21 Aug 2026
Strike45.00
Volume-
OI-
IV0.13
ContractRAMP270115P00050000
SidePut
Expiry15 Jan 2027
Strike50.00
Volume-
OI-
IV0.00
ContractRAMP261218C00020000
SideCall
Expiry18 Dec 2026
Strike20.00
Volume-
OI-
IV0.00
ContractRAMP260821C00040000
SideCall
Expiry21 Aug 2026
Strike40.00
Volume272
OI1048
IV0.19
ContractRAMP260821P00035000
SidePut
Expiry21 Aug 2026
Strike35.00
Volume200
OI321
IV0.32
ContractRAMP261120C00045000
SideCall
Expiry20 Nov 2026
Strike45.00
Volume93
OI-
IV0.06
ContractRAMP260821C00042500
SideCall
Expiry21 Aug 2026
Strike42.50
Volume25
OI-
IV0.13
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
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.