Ticker Options Intelligence

FTI options intelligence

TechnipFMC PLC options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 47 Market data through 30 Jul 2026 Checked 30 Jul 2026 20:38 · complete available chain

Volatility expansion watch

Volatility pressure

FTI currently carries volatility options pressure with a 47/100 conviction score. The nearest-chain expected move is 10.1%, with volume/open-interest participation at 0.06.

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

Volatility expansion watch

Expected move 10.1%

Wider near-term move priced

Activity / OI 0.06

Current volume is quieter versus prior open interest

Put-call 2.59

Put-side skew

Trend fit 60

Options are not fully confirming trend

Weekly backdrop +6.5%

RS 30.5

Expected move 10.1%
Put-call volume 2.59
Volume / OI 0.06
Reference IV 0.48
Max pain 70.00
Underlying 76.75
Nearest expiry 21 Aug 2026
Contracts 96

Research Brief

FTI has a volatility chain read with 47/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 69.02–84.48; The largest call open-interest concentration is 80.00; the largest put concentration is 65.00. The most active strike by current volume is 75.00.

Priced range69.02–84.48
Call concentration80.00
Put concentration65.00
Max pain reference70.00
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 69.02 to 84.48. Max pain at 70.00 sits inside that range, 8.8% below spot.

Spot Max pain
69.0276.75 ± 7.7384.48
Confirmation level

A close beyond 84.48 or below 69.02 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 47/100

Evidence alignment, not probability

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

Directional pressure36 × 42%
+15.1

How strongly activity leans toward calls or puts.

Participation41 × 22%
+9.1

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

Trend agreement60 × 26%
+15.5

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

Volatility74 × 10%
+7.4

The intensity of implied volatility and the priced move.

Reconstructed score47.1Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 80.00; the largest put concentration is 65.00. The most active strike by current volume is 75.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
8
50.00-34.9%
0
10
55.00-28.3%
0
40
60.00-21.8%
11
384
65.00-15.3%
57
148
70.00-8.8%
70
85
75.00-2.3%
158
0
80.004.2%
585
1
85.0010.7%
276
0
90.0017.3%
12
0
95.0023.8%
7
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.31× front/back

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

0.48 21 Aug 22d
0.44 18 Sep 50d
0.43 16 Oct 78d
0.37 15 Jan 169d

Volatility by Strike

Upside optionality premium

Nearest expiry, within 20% of spot

Out-of-the-money calls carry higher implied volatility than comparable puts, indicating richer upside optionality.

65
70
75
80
85
90
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

A97/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
30 Jul 2026
Calculation
v2.0
Contracts
96 / 96
  • 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

Volatility expansion bet

90/100
Primary intent Volatility expansion bet

The strongest message is movement risk: expected move and implied volatility are carrying more signal than 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

Volatility expansion bet matters because it connects the options headline to the actual evidence: $1.2M 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-36
1W price+6.5%
Call premium62%
Put premium38%
Notional split C 62% / P 38% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.06 Volume divided by open interest across the visible chain.
Trend fit 60/100 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 Calls · 91+ days · ITM
Calls · 91+ days · ITM calls cluster with 249 contracts traded, $607795 estimated gross traded notional, and 51% of visible notional.
$607795
Puts · 91+ days · OTM puts cluster with 1064 contracts traded, $298125 estimated gross traded notional, and 25% of visible notional.
$298125
Calls · 46-90 days · ITM calls cluster with 42 contracts traded, $104160 estimated gross traded notional, and 9% of visible notional.
$104160
Puts · 91+ days · ITM puts cluster with 31 contracts traded, $65685 estimated gross traded notional, and 6% of visible notional.
$65685
Puts · 22-45 days · ATM puts cluster with 83 contracts traded, $58100 estimated gross traded notional, and 5% of visible notional.
$58100

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.

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
Close76.75
1W+6.5%
RS30.5
Fair value+116.7%
Options pressure-36
Speculation41
Volatility74
Trend fit60

Today Versus Normal

Stored-options context

View history
Expected move 10.1% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 0.48 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 2.59 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.06 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 10:15 Bullish
Pressure 67
Move 9.3%
30 Jul 10:11 Bullish
Pressure 48
Move 9.3%
30 Jul 15:22 Bearish
Pressure -28
Move 9.9%
30 Jul 15:42 Volatility
Pressure -39
Move 9.9%
30 Jul 19:38 Volatility
Pressure -36
Move 10.1%

Strike Map

Where activity is clustering

Full strike map
Strike50.00
Calls · V 0 · OI 0
Puts · V 3 · OI 8
Strike55.00
Calls · V 0 · OI 0
Puts · V 4 · OI 10
Strike60.00
Calls · V 10 · OI 11
Puts · V 1 · OI 40
Strike65.00
Calls · V 1 · OI 57
Puts · V 5 · OI 384
Strike70.00
Calls · V 15 · OI 70
Puts · V 2 · OI 148
Strike75.00
Calls · V 27 · OI 158
Puts · V 83 · OI 85
Strike80.00
Calls · V 48 · OI 585
Puts · V 0 · OI 0
Strike85.00
Calls · V 1 · OI 276
Puts · V 0 · OI 1

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts15
Avg IV0.48
Put-call0.95
Expiry18 Sep 2026
Contracts7
Avg IV0.44
Put-call0.19
Expiry16 Oct 2026
Contracts25
Avg IV0.43
Put-call0.49
Expiry15 Jan 2027
Contracts49
Avg IV0.37
Put-call3.94

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.42
Put IV0.59
Skew0.17
18 Sep 2026Balanced skew
Call IV0.42
Put IV0.46
Skew0.04
16 Oct 2026Balanced skew
Call IV0.41
Put IV0.45
Skew0.04
15 Jan 2027Balanced skew
Call IV0.41
Put IV0.40
Skew-0.01

Contract Tape

Most active contracts

Full contract tape
ContractFTI260821C00095000
SideCall
Expiry21 Aug 2026
Strike95.00
Volume-
OI7
IV0.77
ContractFTI260918P00055000
SidePut
Expiry18 Sep 2026
Strike55.00
Volume-
OI4
IV0.50
ContractFTI270115P00013000
SidePut
Expiry15 Jan 2027
Strike13.00
Volume-
OI1
IV1.62
ContractFTI260821P00085000
SidePut
Expiry21 Aug 2026
Strike85.00
Volume-
OI1
IV0.59
ContractFTI270115P00060000
SidePut
Expiry15 Jan 2027
Strike60.00
Volume1000
OI200
IV0.39
ContractFTI270115C00022000
SideCall
Expiry15 Jan 2027
Strike22.00
Volume150
OI156
IV0.00
ContractFTI260821P00075000
SidePut
Expiry21 Aug 2026
Strike75.00
Volume83
OI85
IV0.59
ContractFTI260821C00080000
SideCall
Expiry21 Aug 2026
Strike80.00
Volume48
OI585
IV0.42