Ticker Options Intelligence

HOOD options intelligence

Robinhood Markets Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 47 Market data through 31 Jul 2026 Checked 31 Jul 2026 20:02 · complete available chain

Volatility expansion watch

Volatility pressure

HOOD currently carries volatility options pressure with a 47/100 conviction score. The nearest-chain expected move is 7.4%, with volume/open-interest participation at 0.11.

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

Volatility expansion watch

Expected move 7.4%

Wider near-term move priced

Activity / OI 0.11

Current volume is quieter versus prior open interest

Put-call 0.42

Call-side skew

Trend fit 39

Options are not fully confirming trend

Weekly backdrop -8.8%

RS -23.2

Expected move 7.4%
Put-call volume 0.42
Volume / OI 0.11
Reference IV 0.86
Max pain 90.00
Underlying 94.91
Nearest expiry 31 Jul 2026
Contracts 1729

Research Brief

HOOD 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 87.88–101.94; The largest call open-interest concentration is 100.00; the largest put concentration is 90.00. The most active strike by current volume is 88.00.

Priced range87.88–101.94
Call concentration100.00
Put concentration90.00
Max pain reference90.00
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 31 Jul

Options imply 87.88 to 101.94. Max pain at 90.00 sits inside that range, 5.2% below spot.

Spot Max pain
87.8894.91 ± 7.03101.94
Confirmation level

A close beyond 101.94 or below 87.88 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 47/100

Evidence alignment, not probability

Pressure is 45/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure45 × 42%
+18.8

How strongly activity leans toward calls or puts.

Participation43 × 22%
+9.4

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

Trend agreement39 × 26%
+10.0

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

Volatility86 × 10%
+8.6

The intensity of implied volatility and the priced move.

Reconstructed score46.8Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 100.00; the largest put concentration is 90.00. The most active strike by current volume is 88.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
5811
55.00-42.1%
2
5447
70.00-26.2%
56
6657
80.00-15.7%
138
861
84.00-11.5%
92
3566
85.00-10.4%
617
4157
86.00-9.4%
292
2103
87.00-8.3%
640
1768
88.00-7.3%
5956
2065
89.00-6.2%
1986
12309
90.00-5.2%
4415
829
92.00-3.1%
3021
4856
93.00-2.0%
3220
1427
95.000.1%
5846
398
100.005.4%
7382
214
110.0015.9%
5487
10
115.0021.2%
6398
231
120.0026.4%
6358
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.25× front/back

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

0.86 31 Jul 0d
0.65 7 Aug 7d
0.65 14 Aug 14d
0.65 21 Aug 21d
0.65 28 Aug 28d
0.66 4 Sep 35d
0.66 18 Sep 49d
0.66 16 Oct 77d

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.

76
78
80
82
83
85
87
89
91
93
94
96
98
100
102
104
106
107
109
111
113
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 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

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
1729 / 1729
  • 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: $92.4M of estimated gross traded notional, puts · 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+45
1W price-8.8%
Call premium42%
Put premium58%
Notional split C 42% / P 58% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.11 Volume divided by open interest across the visible chain.
Trend fit 39/100 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 Puts · 91+ days · ITM
Puts · 91+ days · ITM puts cluster with 4456 contracts traded, $27.2M estimated gross traded notional, and 29% of visible notional.
$27.2M
Calls · 0-7 days · ITM calls cluster with 69820 contracts traded, $12.2M estimated gross traded notional, and 13% of visible notional.
$12.2M
Calls · 91+ days · ITM calls cluster with 2589 contracts traded, $8.8M estimated gross traded notional, and 10% of visible notional.
$8.8M
Calls · 91+ days · OTM calls cluster with 10184 contracts traded, $8.3M estimated gross traded notional, and 9% of visible notional.
$8.3M
Puts · 91+ days · OTM puts cluster with 4916 contracts traded, $6.5M estimated gross traded notional, and 7% of visible notional.
$6.5M

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

-

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
Close86.56
1W-8.8%
RS-23.2
Fair value+57.2%
Options pressure45
Speculation43
Volatility86
Trend fit39

Today Versus Normal

Stored-options context

View history
Expected move 7.4% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.86 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.42 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.11 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 10:04 Volatility
Pressure 31
Move 10.9%
30 Jul 10:33 Volatility
Pressure 30
Move 10.2%
30 Jul 23:41 Volatility
Pressure 40
Move 9.1%
31 Jul 00:41 Volatility
Pressure 38
Move 9.1%
31 Jul 17:05 Volatility
Pressure 43
Move 9.5%
31 Jul 17:27 Volatility
Pressure 43
Move 9.2%
31 Jul 18:01 Volatility
Pressure 44
Move 8.5%
31 Jul 19:02 Volatility
Pressure 45
Move 7.4%

Strike Map

Where activity is clustering

Full strike map
Strike25.00
Calls · V 0 · OI 0
Puts · V 1 · OI 39
Strike30.00
Calls · V 8 · OI 6
Puts · V 3 · OI 5
Strike35.00
Calls · V 5 · OI 4
Puts · V 19 · OI 7
Strike40.00
Calls · V 6 · OI 5
Puts · V 3 · OI 7
Strike45.00
Calls · V 8 · OI 29
Puts · V 2 · OI 197
Strike50.00
Calls · V 7 · OI 5
Puts · V 1 · OI 665
Strike55.00
Calls · V 16 · OI 2
Puts · V 117 · OI 5811
Strike60.00
Calls · V 23 · OI 15
Puts · V 1 · OI 3710

Term Structure

Expiration activity

Volume and IV
Expiry31 Jul 2026
Contracts152
Avg IV0.86
Put-call0.43
Expiry7 Aug 2026
Contracts118
Avg IV0.65
Put-call0.26
Expiry14 Aug 2026
Contracts96
Avg IV0.65
Put-call0.33
Expiry21 Aug 2026
Contracts123
Avg IV0.65
Put-call0.33
Expiry28 Aug 2026
Contracts92
Avg IV0.65
Put-call0.35

Skew

Call/put IV balance

OTM demand
31 Jul 2026Call IV premium
Call IV0.88
Put IV0.59
Skew-0.29
7 Aug 2026Balanced skew
Call IV0.63
Put IV0.67
Skew0.05
14 Aug 2026Balanced skew
Call IV0.64
Put IV0.68
Skew0.04
21 Aug 2026Balanced skew
Call IV0.65
Put IV0.66
Skew0.02
28 Aug 2026Balanced skew
Call IV0.65
Put IV0.67
Skew0.02

Contract Tape

Most active contracts

Full contract tape
ContractHOOD270521P00140000
SidePut
Expiry21 May 2027
Strike140.00
Volume-
OI95
IV0.00
ContractHOOD270521P00160000
SidePut
Expiry21 May 2027
Strike160.00
Volume-
OI90
IV0.61
ContractHOOD260821P00175000
SidePut
Expiry21 Aug 2026
Strike175.00
Volume-
OI75
IV0.00
ContractHOOD260918P00195000
SidePut
Expiry18 Sep 2026
Strike195.00
Volume-
OI50
IV0.00
ContractHOOD260828P00050000
SidePut
Expiry28 Aug 2026
Strike50.00
Volume-
OI41
IV1.18
ContractHOOD270521P00150000
SidePut
Expiry21 May 2027
Strike150.00
Volume-
OI29
IV0.62
ContractHOOD270219P00175000
SidePut
Expiry19 Feb 2027
Strike175.00
Volume-
OI20
IV0.64
ContractHOOD261120P00165000
SidePut
Expiry20 Nov 2026
Strike165.00
Volume-
OI16
IV0.74

Research Graph

Related research and context

Ticker deep links

Earnings

No upcoming matched earnings event.