Ticker Options Intelligence

VLN options intelligence

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

Conviction 35 Market data through 31 Jul 2026 Checked 2 Aug 2026 05:17 · complete available chain

Call-side pressure

Bullish pressure

VLN currently carries bullish options pressure with a 35/100 conviction score. The nearest-chain expected move is 28.7%, with volume/open-interest participation at 0.01.

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

Call-side pressure

Expected move 28.7%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 0.51

Call-side skew

Trend fit 27

Options are not fully confirming trend

Weekly backdrop -3.7%

RS -22.1

Expected move 28.7%
Put-call volume 0.51
Volume / OI 0.01
Reference IV 1.61
Max pain 2.00
Underlying 1.57
Nearest expiry 21 Aug 2026
Contracts 56

Research Brief

VLN has a bullish chain read with 35/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 1.12–2.02; The largest call open-interest concentration is 2.50; the largest put concentration is 1.50. The most active strike by current volume is 2.00.

Priced range1.12–2.02
Call concentration2.50
Put concentration1.50
Max pain reference2.00
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 1.12 to 2.02. Max pain at 2.00 sits inside that range, 27.4% above spot.

Spot Max pain
1.121.57 ± 0.452.02
Confirmation level

A close beyond 2.02 or below 1.12 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 35/100

Evidence alignment, not probability

Pressure is 40/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure40 × 42%
+16.8

How strongly activity leans toward calls or puts.

Participation8 × 22%
+1.8

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

Trend agreement27 × 26%
+7.1

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

Volatility96 × 10%
+9.6

The intensity of implied volatility and the priced move.

Reconstructed score35.4Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 2.50; the largest put concentration is 1.50. The most active strike by current volume is 2.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
3
0.50-68.2%
31
58
1.00-36.3%
44
1826
1.50-4.5%
203
1578
2.0027.4%
1439
1196
2.5059.2%
6032
52
5.00218.5%
2474
11
7.50377.7%
520
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

1.08× front/back

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

1.61 21 Aug 21d
1.33 18 Sep 49d
1.60 20 Nov 112d
1.49 19 Feb 203d

Volatility by Strike

Smile incomplete

Nearest expiry, within 20% of spot

There is not enough comparable OTM call and put volatility to classify the smile.

2
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
31 Jul 2026
Calculation
v2.0
Contracts
56 / 56
  • 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

90/100
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: $5638 of estimated gross traded notional, puts · 8-21 days · itm, 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+40
1W price-3.7%
Call premium44%
Put premium56%
Notional split C 44% / P 56% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.01 Volume divided by open interest across the visible chain.
Trend fit 27/100 Agreement between options pressure and Sharemaestro market context.
Event window 5 Aug Matched earnings event is 2 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 Puts · 8-21 days · ITM
Puts · 8-21 days · ITM puts cluster with 50 contracts traded, $2625 estimated gross traded notional, and 47% of visible notional.
$2625
Calls · 91+ days · OTM calls cluster with 57 contracts traded, $1185 estimated gross traded notional, and 21% of visible notional.
$1185
Calls · 8-21 days · OTM calls cluster with 80 contracts traded, $995 estimated gross traded notional, and 18% of visible notional.
$995
Puts · 8-21 days · OTM puts cluster with 20 contracts traded, $350 estimated gross traded notional, and 6% of visible notional.
$350
Puts · 91+ days · OTM puts cluster with 4 contracts traded, $210 estimated gross traded notional, and 4% of visible notional.
$210

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.

Negative Options disagreement

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

Sharemaestro weekly
Close1.57
1W-3.7%
RS-22.1
Fair value-28.9%
Options pressure40
Speculation8
Volatility96
Trend fit27

Today Versus Normal

Stored-options context

View history
Expected move 28.7% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 1.61 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.51 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.01 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 11:30 Bullish
Pressure 26
Move 30.7%
30 Jul 11:14 Volatility
Pressure -34
Move 38.3%
31 Jul 10:51 Volatility
Pressure 100
Move 41.4%
2 Aug 04:17 Bullish
Pressure 40
Move 28.7%

Strike Map

Where activity is clustering

Full strike map
Strike0.50
Calls · V 0 · OI 31
Puts · V 0 · OI 3
Strike1.00
Calls · V 0 · OI 44
Puts · V 0 · OI 58
Strike1.50
Calls · V 0 · OI 203
Puts · V 20 · OI 1826
Strike2.00
Calls · V 79 · OI 1439
Puts · V 50 · OI 1578
Strike2.50
Calls · V 1 · OI 6032
Puts · V 0 · OI 1196
Strike5.00
Calls · V 0 · OI 2474
Puts · V 0 · OI 52
Strike7.50
Calls · V 0 · OI 520
Puts · V 0 · OI 11

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts14
Avg IV1.61
Put-call0.88
Expiry18 Sep 2026
Contracts14
Avg IV1.33
Put-call-
Expiry20 Nov 2026
Contracts14
Avg IV1.60
Put-call-
Expiry19 Feb 2027
Contracts14
Avg IV1.49
Put-call0.40

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV1.98
Put IV1.40
Skew-0.58
18 Sep 2026Call IV premium
Call IV0.75
Put IV0.16
Skew-0.59
20 Nov 2026Call IV premium
Call IV1.77
Put IV1.66
Skew-0.11
19 Feb 2027Call IV premium
Call IV1.73
Put IV1.33
Skew-0.40

Contract Tape

Most active contracts

Full contract tape
ContractVLN260821C00002000
SideCall
Expiry21 Aug 2026
Strike2.00
Volume79
OI1439
IV1.68
ContractVLN260821P00002000
SidePut
Expiry21 Aug 2026
Strike2.00
Volume50
OI1578
IV1.49
ContractVLN261120C00005000
SideCall
Expiry20 Nov 2026
Strike5.00
Volume36
OI7360
IV1.77
ContractVLN260821P00001500
SidePut
Expiry21 Aug 2026
Strike1.50
Volume20
OI1826
IV1.40
ContractVLN261120C00002500
SideCall
Expiry20 Nov 2026
Strike2.50
Volume12
OI3231
IV1.68
ContractVLN270219C00007500
SideCall
Expiry19 Feb 2027
Strike7.50
Volume9
OI114
IV0.93
ContractVLN270219P00001500
SidePut
Expiry19 Feb 2027
Strike1.50
Volume4
OI125
IV1.33
ContractVLN260918C00002000
SideCall
Expiry18 Sep 2026
Strike2.00
Volume3
OI6
IV1.81