Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
XPEV options intelligence
Xpeng Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
42
Market data through 31 Jul 2026
Checked 31 Jul 2026 23:48 · complete available chain
Call-side pressure
Bullish pressure
XPEV currently carries bullish options pressure with a 42/100 conviction score. The nearest-chain expected move is 5.4%, with volume/open-interest participation at 0.03.
Expected move
5.4%
Near-term move context
Activity / OI
0.03
Current volume is quieter versus prior open interest
Put-call
0.32
Call-side skew
Trend fit
1
Options are not fully confirming trend
Weekly backdrop
+5.4%
RS -35.8
Expected move
5.4%
Put-call volume
0.32
Volume / OI
0.03
Reference IV
1.59
Max pain
13.00
Underlying
12.33
Nearest expiry
31 Jul 2026
Contracts
407
Research Brief
XPEV has a bullish chain read with 42/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 11.66–13.00; The largest call open-interest concentration is 13.00; the largest put concentration is 12.00. The most active strike by current volume is 13.00.
Priced range11.66–13.00
Call concentration13.00
Put concentration12.00
Max pain reference13.00
- Price holds or improves while call-side concentration remains elevated.
- Price weakens while call pressure fades or reverses toward puts.
- 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
Options imply 11.66 to 13.00. Max pain at 13.00 lies outside the priced range, so it is a weak near-term anchor.
Spot
Max pain
11.6612.33 ± 0.6713.00
Confirmation level
A close beyond 13.00 or below 11.66 at the 31 Jul 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 42/100
Pressure is 59/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure59 × 42%
+24.7
How strongly activity leans toward calls or puts.
Participation41 × 22%
+8.9
Volume relative to existing open interest and contract-level activity.
Trend agreement1 × 26%
+0.3
How closely the chain read agrees with the underlying trend backdrop.
Volatility78 × 10%
+7.8
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 13.00; the largest put concentration is 12.00. The most active strike by current volume is 13.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
33
10.00-18.9%
100
353
10.50-14.8%
23
389
11.00-10.8%
17
339
11.50-6.7%
6
1718
12.00-2.7%
199
427
12.501.4%
279
767
13.005.4%
2540
588
13.509.5%
1986
27
14.0013.5%
949
6
14.5017.6%
896
8
15.0021.7%
562
7
15.5025.7%
205
3
16.0029.8%
306
1
16.5033.8%
219
4
20.0062.2%
398
2
24.0094.6%
125
0
25.00102.8%
77
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.
1.59
31 Jul
0d
0.68
7 Aug
7d
0.57
14 Aug
14d
0.63
21 Aug
21d
0.63
28 Aug
28d
0.68
4 Sep
35d
0.61
18 Sep
49d
0.63
16 Oct
77d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
10
11
11
12
12
13
13
14
14
15
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
Forward validation is building. The earliest eligible stored read expires 31 Jul 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
- 407 / 407
- 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.
Options pressure and weekly price action are pointing in the same constructive direction.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $2.6M of estimated gross traded notional, puts · 8-21 days · itm, and a bullish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+59
1W price+5.4%
Call premium24%
Put premium76%
Notional split
C 24% / P 76%
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
1/100
Agreement between options pressure and Sharemaestro market context.
Event window
18 Aug
Matched earnings event is 16 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Puts · 8-21 days · ITM
puts cluster with 1167 contracts traded, $1.1M estimated gross traded notional, and 43% of visible notional.
$1.1M
Puts · 46-90 days · ITM
puts cluster with 377 contracts traded, $419746 estimated gross traded notional, and 16% of visible notional.
$419746
Puts · 91+ days · ITM
puts cluster with 509 contracts traded, $299214 estimated gross traded notional, and 12% of visible notional.
$299214
Calls · 91+ days · OTM
calls cluster with 1065 contracts traded, $265875 estimated gross traded notional, and 10% of visible notional.
$265875
Calls · 46-90 days · OTM
calls cluster with 3636 contracts traded, $99746 estimated gross traded notional, and 4% of visible notional.
$99746
Setup Classification
Opportunity and risk frame
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Options positioning is not confirming the underlying trend context.
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
Close13.00
1W+5.4%
RS-35.8
Fair value-14.4%
Options pressure59
Speculation41
Volatility78
Trend fit1
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 - · 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
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:22
Volatility
Pressure 73
Move 4.9%
30 Jul 10:16
Volatility
Pressure 83
Move 7.1%
31 Jul 10:07
Bullish
Pressure 68
Move 4.1%
31 Jul 22:48
Bullish
Pressure 59
Move 5.4%
Strike Map
Where activity is clustering
Strike7.50
Calls · V 3 · OI 25
Puts · V 0 · OI 0
Strike8.00
Calls · V 4 · OI 57
Puts · V 0 · OI 0
Strike8.50
Calls · V 3 · OI 10
Puts · V 0 · OI 0
Strike9.00
Calls · V 3 · OI 31
Puts · V 0 · OI 0
Strike9.50
Calls · V 1 · OI 4
Puts · V 0 · OI 0
Strike10.00
Calls · V 4 · OI 100
Puts · V 6 · OI 33
Strike10.50
Calls · V 2 · OI 23
Puts · V 1 · OI 353
Strike11.00
Calls · V 1 · OI 17
Puts · V 1 · OI 389
Term Structure
Expiration activity
Expiry31 Jul 2026
Contracts52
Avg IV1.59
Put-call0.09
Expiry7 Aug 2026
Contracts45
Avg IV0.68
Put-call0.22
Expiry14 Aug 2026
Contracts49
Avg IV0.57
Put-call6.49
Expiry21 Aug 2026
Contracts51
Avg IV0.63
Put-call0.38
Expiry28 Aug 2026
Contracts33
Avg IV0.63
Put-call0.16
Skew
Call/put IV balance
31 Jul 2026Put IV premium
Call IV0.52
Put IV2.11
Skew1.59
7 Aug 2026Put IV premium
Call IV0.52
Put IV0.68
Skew0.15
14 Aug 2026Put IV premium
Call IV0.57
Put IV0.62
Skew0.05
21 Aug 2026Balanced skew
Call IV0.66
Put IV0.64
Skew-0.02
28 Aug 2026Balanced skew
Call IV0.63
Put IV0.65
Skew0.02
Contract Tape
Most active contracts
ContractXPEV260731C00020000
SideCall
Expiry31 Jul 2026
Strike20.00
Volume-
OI398
IV3.88
ContractXPEV260807C00021000
SideCall
Expiry7 Aug 2026
Strike21.00
Volume-
OI200
IV2.72
ContractXPEV260731C00024000
SideCall
Expiry31 Jul 2026
Strike24.00
Volume-
OI125
IV12.57
ContractXPEV260807C00010500
SideCall
Expiry7 Aug 2026
Strike10.50
Volume-
OI40
IV2.50
ContractXPEV260807C00009500
SideCall
Expiry7 Aug 2026
Strike9.50
Volume-
OI14
IV2.82
ContractXPEV260828C00019000
SideCall
Expiry28 Aug 2026
Strike19.00
Volume-
OI6
IV1.23
ContractXPEV280121P00035000
SidePut
Expiry21 Jan 2028
Strike35.00
Volume-
OI5
IV0.00
ContractXPEV260814P00018000
SidePut
Expiry14 Aug 2026
Strike18.00
Volume-
OI4
IV0.50
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.