Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
IP options intelligence
International Paper options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
35
Market data through 29 Jul 2026
Checked 30 Jul 2026 06:21 · complete available chain
Options-market disagreement
Mixed pressure
IP currently carries mixed options pressure with a 35/100 conviction score. The nearest-chain expected move is 7.2%, with volume/open-interest participation at 0.06.
Expected move
7.2%
Wider near-term move priced
Activity / OI
0.06
Current volume is quieter versus prior open interest
Put-call
0.91
Balanced tape
Trend fit
67
Options agree with trend context
Weekly backdrop
+12.2%
RS -1.9
Expected move
7.2%
Put-call volume
0.91
Volume / OI
0.06
Reference IV
1.17
Max pain
37.00
Underlying
42.16
Nearest expiry
31 Jul 2026
Contracts
746
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: $944849 of estimated gross traded notional, calls · 0-7 days · itm, 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+1
1W price+12.2%
Call premium76%
Put premium24%
Notional split
C 76% / P 24%
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
67/100
Agreement between options pressure and Sharemaestro market context.
Event window
30 Jul
Matched earnings event is 0 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 · 0-7 days · ITM
calls cluster with 529 contracts traded, $465318 estimated gross traded notional, and 49% of visible notional.
$465318
Puts · 91+ days · OTM
puts cluster with 441 contracts traded, $78472 estimated gross traded notional, and 8% of visible notional.
$78472
Calls · 46-90 days · OTM
calls cluster with 244 contracts traded, $45038 estimated gross traded notional, and 5% of visible notional.
$45038
Calls · 22-45 days · OTM
calls cluster with 396 contracts traded, $44992 estimated gross traded notional, and 5% of visible notional.
$44992
Puts · 46-90 days · ATM
puts cluster with 127 contracts traded, $42800 estimated gross traded notional, and 5% of visible notional.
$42800
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.
Activity Anomaly
Normal range
Activity is broadly in line with recent stored snapshots.
Volume rank0th
Volume/OI rank0th
IV rank100th
Market Context
Underlying confirmation
Close42.16
1W+12.2%
RS-1.9
Fair value+4.0%
Options pressure1
Speculation41
Volatility85
Trend fit67
Today Versus Normal
Stored-options context
30d avg 8.4% · 1 read
0th
90d avg 8.4% · 1 read
0th
180d avg 8.4% · 1 read
0th
30d avg 1.00 · 1 read
100th
90d avg 1.00 · 1 read
100th
180d avg 1.00 · 1 read
100th
30d avg 10.09 · 1 read
0th
90d avg 10.09 · 1 read
0th
180d avg 10.09 · 1 read
0th
30d avg 0.26 · 1 read
0th
90d avg 0.26 · 1 read
0th
180d avg 0.26 · 1 read
0th
Pressure Trail
Recent pressure and volatility
29 Jul 10:20
Volatility
Pressure -91
Move 8.4%
30 Jul 05:21
Mixed
Pressure 1
Move 7.2%
Strike Map
Where activity is clustering
Strike21.00
Calls · V 0 · OI 10
Puts · V 0 · OI 0
Strike22.00
Calls · V 0 · OI 4
Puts · V 0 · OI 0
Strike23.00
Calls · V 4 · OI 3
Puts · V 0 · OI 2
Strike24.00
Calls · V 4 · OI 16
Puts · V 0 · OI 1
Strike25.00
Calls · V 0 · OI 20
Puts · V 0 · OI 0
Strike26.00
Calls · V 0 · OI 5
Puts · V 0 · OI 0
Strike27.00
Calls · V 0 · OI 1
Puts · V 0 · OI 5
Strike28.00
Calls · V 0 · OI 38
Puts · V 0 · OI 25
Term Structure
Expiration activity
Expiry31 Jul 2026
Contracts84
Avg IV1.17
Put-call0.28
Expiry7 Aug 2026
Contracts74
Avg IV0.66
Put-call0.38
Expiry14 Aug 2026
Contracts72
Avg IV0.60
Put-call4.00
Expiry21 Aug 2026
Contracts88
Avg IV0.52
Put-call1.51
Expiry28 Aug 2026
Contracts70
Avg IV0.51
Put-call18.00
Skew
Call/put IV balance
31 Jul 2026Call IV premium
Call IV1.32
Put IV1.22
Skew-0.10
7 Aug 2026Balanced skew
Call IV0.67
Put IV0.67
Skew-
14 Aug 2026Balanced skew
Call IV0.63
Put IV0.62
Skew-0.01
21 Aug 2026Put IV premium
Call IV0.51
Put IV0.57
Skew0.06
28 Aug 2026Balanced skew
Call IV0.48
Put IV0.53
Skew0.05
Contract Tape
Most active contracts
ContractIP260821C00045000
SideCall
Expiry21 Aug 2026
Strike45.00
Volume382
OI224
IV0.47
ContractIP260821P00035000
SidePut
Expiry21 Aug 2026
Strike35.00
Volume282
OI753
IV0.74
ContractIP260731C00033000
SideCall
Expiry31 Jul 2026
Strike33.00
Volume221
OI2
IV2.48
ContractIP260731C00034000
SideCall
Expiry31 Jul 2026
Strike34.00
Volume218
OI71
IV2.25
ContractIP270115P00032500
SidePut
Expiry15 Jan 2027
Strike32.50
Volume200
OI4285
IV0.52
ContractIP261218P00035000
SidePut
Expiry18 Dec 2026
Strike35.00
Volume200
OI766
IV0.51
ContractIP260918C00045000
SideCall
Expiry18 Sep 2026
Strike45.00
Volume200
OI526
IV0.45
ContractIP260821P00034000
SidePut
Expiry21 Aug 2026
Strike34.00
Volume120
OI1
IV0.78
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.