Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
GPN options intelligence
Global Payments Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
39
Market data through 29 Jul 2026
Checked 29 Jul 2026 22:12 · complete available chain
Options-market disagreement
Mixed pressure
GPN currently carries mixed options pressure with a 39/100 conviction score. The nearest-chain expected move is 14.9%, with volume/open-interest participation at 0.05.
Expected move
14.9%
Wider near-term move priced
Activity / OI
0.05
Current volume is quieter versus prior open interest
Put-call
0.87
Balanced tape
Trend fit
67
Options agree with trend context
Weekly backdrop
+4.0%
RS -1.8
Expected move
14.9%
Put-call volume
0.87
Volume / OI
0.05
Reference IV
0.59
Max pain
80.00
Underlying
80.92
Nearest expiry
21 Aug 2026
Contracts
360
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.
The options read is mixed, so divergence is not strong enough to classify.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $5.0M of estimated gross traded notional, calls · 91+ days · otm, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+10
1W price+4.0%
Call premium63%
Put premium37%
Notional split
C 63% / P 37%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.05
Volume divided by open interest across the visible chain.
Trend fit
67/100
Agreement between options pressure and Sharemaestro market context.
Event window
5 Aug
Matched earnings event is 7 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 · OTM
calls cluster with 1419 contracts traded, $1.5M estimated gross traded notional, and 30% of visible notional.
$1.5M
Puts · 91+ days · ITM
puts cluster with 647 contracts traded, $1.4M estimated gross traded notional, and 27% of visible notional.
$1.4M
Calls · 91+ days · ITM
calls cluster with 317 contracts traded, $860984 estimated gross traded notional, and 17% of visible notional.
$860984
Calls · 46-90 days · ITM
calls cluster with 212 contracts traded, $339500 estimated gross traded notional, and 7% of visible notional.
$339500
Puts · 46-90 days · ITM
puts cluster with 396 contracts traded, $197906 estimated gross traded notional, and 4% of visible notional.
$197906
Setup Classification
Opportunity and risk frame
Positioning agrees with the Sharemaestro trend backdrop.
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Underlying price is close to the max-pain zone.
Activity Anomaly
Normal range
Activity is broadly in line with recent stored snapshots.
Volume rank0th
Volume/OI rank0th
IV rank100th
Market Context
Underlying confirmation
Close80.92
1W+4.0%
RS-1.8
Fair value-15.4%
Options pressure10
Speculation41
Volatility81
Trend fit67
Today Versus Normal
Stored-options context
30d avg 14.8% · 1 read
100th
90d avg 14.8% · 1 read
100th
180d avg 14.8% · 1 read
100th
30d avg 0.58 · 1 read
100th
90d avg 0.58 · 1 read
100th
180d avg 0.58 · 1 read
100th
30d avg 2.58 · 1 read
0th
90d avg 2.58 · 1 read
0th
180d avg 2.58 · 1 read
0th
30d avg 0.06 · 1 read
0th
90d avg 0.06 · 1 read
0th
180d avg 0.06 · 1 read
0th
Pressure Trail
Recent pressure and volatility
29 Jul 10:19
Volatility
Pressure -42
Move 14.8%
29 Jul 21:12
Mixed
Pressure 10
Move 14.9%
Strike Map
Where activity is clustering
Strike35.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike40.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike45.00
Calls · V 2 · OI 0
Puts · V 1 · OI 13
Strike50.00
Calls · V 2 · OI 3
Puts · V 8 · OI 15724
Strike55.00
Calls · V 2 · OI 0
Puts · V 1 · OI 299
Strike60.00
Calls · V 4 · OI 129
Puts · V 8 · OI 411
Strike62.50
Calls · V 9 · OI 15
Puts · V 4 · OI 447
Strike65.00
Calls · V 1 · OI 513
Puts · V 3 · OI 413
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts38
Avg IV0.59
Put-call0.66
Expiry18 Sep 2026
Contracts41
Avg IV0.53
Put-call2.29
Expiry16 Oct 2026
Contracts25
Avg IV0.53
Put-call0.26
Expiry20 Nov 2026
Contracts34
Avg IV0.51
Put-call0.29
Expiry18 Dec 2026
Contracts41
Avg IV0.50
Put-call1.03
Skew
Call/put IV balance
21 Aug 2026Balanced skew
Call IV0.57
Put IV0.59
Skew0.02
18 Sep 2026Balanced skew
Call IV0.54
Put IV0.55
Skew0.01
16 Oct 2026Balanced skew
Call IV0.54
Put IV0.55
Skew0.00
20 Nov 2026Balanced skew
Call IV0.51
Put IV0.53
Skew0.03
18 Dec 2026Balanced skew
Call IV0.52
Put IV0.50
Skew-0.02
Contract Tape
Most active contracts
ContractGPN270319P00085000
SidePut
Expiry19 Mar 2027
Strike85.00
Volume-
OI604
IV0.91
ContractGPN270617P00050000
SidePut
Expiry17 Jun 2027
Strike50.00
Volume-
OI28
IV0.51
ContractGPN270219P00060000
SidePut
Expiry19 Feb 2027
Strike60.00
Volume-
OI5
IV0.51
ContractGPN280616C00077500
SideCall
Expiry16 Jun 2028
Strike77.50
Volume-
OI5
IV0.51
ContractGPN270319P00100000
SidePut
Expiry19 Mar 2027
Strike100.00
Volume-
OI3
IV1.02
ContractGPN270617C00067500
SideCall
Expiry17 Jun 2027
Strike67.50
Volume-
OI3
IV0.54
ContractGPN261218C00067500
SideCall
Expiry18 Dec 2026
Strike67.50
Volume-
OI3
IV0.57
ContractGPN270219P00057500
SidePut
Expiry19 Feb 2027
Strike57.50
Volume-
OI3
IV0.60
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.