Ticker Options Intelligence

RBA options intelligence

RB Global Inc. options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 48 Market data through 31 Jul 2026 Checked 1 Aug 2026 15:38 · complete available chain

Call-side pressure

Bullish pressure

RBA currently carries bullish options pressure with a 48/100 conviction score. The nearest-chain expected move is 6.9%, with volume/open-interest participation at 0.00.

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

Call-side pressure

Expected move 6.9%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call 0.00

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop -1.7%

RS -4.9

Expected move 6.9%
Put-call volume -
Volume / OI 0.00
Reference IV 0.34
Max pain 110.00
Underlying 109.74
Nearest expiry 21 Aug 2026
Contracts 202

Research Brief

RBA has a bullish chain read with 48/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 102.19–117.29; The largest call open-interest concentration is 120.00; the largest put concentration is 110.00. The most active strike by current volume is 110.00.

Priced range102.19–117.29
Call concentration120.00
Put concentration110.00
Max pain reference110.00
What would confirm it
  • Price holds or improves while call-side concentration remains elevated.
What would weaken it
  • Price weakens while call pressure fades or reverses toward puts.
  • Options and the weekly trend are not yet giving the same message.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 102.19 to 117.29. Max pain at 110.00 sits inside that range, 0.2% above spot.

Spot Max pain
102.19109.74 ± 7.55117.29
Confirmation level

A close beyond 117.29 or below 102.19 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 48/100

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.

Participation3 × 22%
+0.6

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

Trend agreement0 × 26%
+0.0

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

Volatility51 × 10%
+5.1

The intensity of implied volatility and the priced move.

Reconstructed score47.7Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 120.00; the largest put concentration is 110.00. The most active strike by current volume is 110.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
65.00-40.8%
0
0
70.00-36.2%
0
0
75.00-31.7%
0
0
80.00-27.1%
0
1
100.00-8.9%
0
2
105.00-4.3%
4
4
110.000.2%
6
3
115.004.8%
27
0
120.009.3%
686
0
125.0013.9%
4
0
130.0018.5%
1
0
140.0027.6%
10
0
145.0032.1%
4
0
150.0036.7%
8
0
155.0041.2%
8
0
160.0045.8%
14
0
165.0050.4%
16
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

1.06× front/back

Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.

0.34 21 Aug 21d
0.35 18 Sep 49d
0.31 18 Dec 140d
0.32 19 Mar 231d

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.

90
95
98
100
105
110
115
120
125
130
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

A100/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
202 / 202
  • 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

83/100
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 Bullish flow against weak price

Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $710 of estimated gross traded notional, calls · 8-21 days · atm, and a bullish flow against weak 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-1.7%
Call premium100%
Put premium0%
Notional split C 100% / P 0% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.00 Volume divided by open interest across the visible chain.
Trend fit 0/100 Agreement between options pressure and Sharemaestro market context.
Event window 4 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.
Conviction clusters Calls · 8-21 days · ATM
Calls · 8-21 days · ATM calls cluster with 2 contracts traded, $710 estimated gross traded notional, and 100% of visible notional.
$710

Setup Classification

Opportunity and risk frame

Context, not advice
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.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

Warning Bullish pressure over fair value

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

Sharemaestro weekly
Close109.74
1W-1.7%
RS-4.9
Fair value+23.3%
Options pressure100
Speculation3
Volatility51
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 6.9% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.34 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.00 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.00 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:19 Bullish
Pressure 100
Move 9.1%
30 Jul 10:14 Mixed
Pressure -4
Move 9.6%
31 Jul 10:06 Bullish
Pressure 100
Move 6.9%
1 Aug 14:38 Bullish
Pressure 100
Move 6.9%

Strike Map

Where activity is clustering

Full strike map
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike70.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike75.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike80.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike85.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike90.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike95.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike97.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts44
Avg IV0.34
Put-call-
Expiry18 Sep 2026
Contracts56
Avg IV0.35
Put-call-
Expiry18 Dec 2026
Contracts58
Avg IV0.31
Put-call-
Expiry19 Mar 2027
Contracts44
Avg IV0.32
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.44
Put IV0.41
Skew-0.04
18 Sep 2026Balanced skew
Call IV0.34
Put IV0.39
Skew0.05
18 Dec 2026Balanced skew
Call IV0.30
Put IV0.33
Skew0.03
19 Mar 2027Put IV premium
Call IV0.28
Put IV0.34
Skew0.06

Contract Tape

Most active contracts

Full contract tape
ContractRBA260821C00110000
SideCall
Expiry21 Aug 2026
Strike110.00
Volume2
OI6
IV0.34
ContractRBA260821C00120000
SideCall
Expiry21 Aug 2026
Strike120.00
Volume-
OI686
IV0.44
ContractRBA261218P00100000
SidePut
Expiry18 Dec 2026
Strike100.00
Volume-
OI508
IV0.33
ContractRBA261218C00115000
SideCall
Expiry18 Dec 2026
Strike115.00
Volume-
OI489
IV0.31
ContractRBA261218C00125000
SideCall
Expiry18 Dec 2026
Strike125.00
Volume-
OI428
IV0.30
ContractRBA260918C00115000
SideCall
Expiry18 Sep 2026
Strike115.00
Volume-
OI257
IV0.33
ContractRBA260918C00110000
SideCall
Expiry18 Sep 2026
Strike110.00
Volume-
OI206
IV0.34
ContractRBA260918P00105000
SidePut
Expiry18 Sep 2026
Strike105.00
Volume-
OI200
IV0.36