Ticker Options Intelligence

RYAN options intelligence

Ryan Specialty Group Holdings Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 35 Market data through 31 Jul 2026 Checked 31 Jul 2026 14:35 · complete available chain

Call-side pressure

Bullish pressure

RYAN currently carries bullish options pressure with a 35/100 conviction score. The nearest-chain expected move is 15.2%, with volume/open-interest participation at 0.21.

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

Call-side pressure

Expected move 15.2%

Wider near-term move priced

Activity / OI 0.21

Current volume is quieter versus prior open interest

Put-call 0.63

Call-side skew

Trend fit 37

Options are not fully confirming trend

Weekly backdrop -0.5%

RS -16.1

Expected move 15.2%
Put-call volume 0.63
Volume / OI 0.21
Reference IV 0.05
Max pain 42.00
Underlying 41.75
Nearest expiry 21 Aug 2026
Contracts 120

Research Brief

RYAN 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 35.40–48.10; The largest call open-interest concentration is 42.00; the largest put concentration is 42.00. The most active strike by current volume is 46.00.

Priced range35.40–48.10
Call concentration42.00
Put concentration42.00
Max pain reference42.00
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.
  • 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 21 Aug

Options imply 35.40 to 48.10. Max pain at 42.00 sits inside that range, 0.6% above spot.

Spot Max pain
35.4041.75 ± 6.3548.10
Confirmation level

A close beyond 48.10 or below 35.40 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 33/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure33 × 42%
+14.0

How strongly activity leans toward calls or puts.

Participation32 × 22%
+6.9

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

Trend agreement37 × 26%
+9.6

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

Volatility44 × 10%
+4.4

The intensity of implied volatility and the priced move.

Reconstructed score34.9Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 42.00; the largest put concentration is 42.00. The most active strike by current volume is 46.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
3
30.00-28.1%
0
6
34.00-18.6%
1
4
35.00-16.2%
5
1
36.00-13.8%
0
0
37.00-11.4%
1
0
38.00-9.0%
1
2
39.00-6.6%
0
12
40.00-4.2%
13
5
41.00-1.8%
0
20
42.000.6%
128
0
43.003.0%
1
1
44.005.4%
6
15
45.007.8%
43
0
46.0010.2%
126
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

3.73× front/back

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

0.05 21 Aug 21d
0.02 18 Sep 49d
0.02 16 Oct 77d
0.02 18 Dec 140d
0.01 15 Jan 168d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.

34
35
36
37
38
39
40
41
42
43
44
45
46
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

A99/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
120 / 120
  • 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

Multi-expiry position-maintenance candidate

64/100
Primary intent Multi-expiry position-maintenance candidate

Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.

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

Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $264831 of estimated gross traded notional, calls · 46-90 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+33
1W price-0.5%
Call premium79%
Put premium21%
Notional split C 79% / P 21% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.21 Volume divided by open interest across the visible chain.
Trend fit 37/100 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. Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.
Conviction clusters Calls · 46-90 days · ITM
Calls · 46-90 days · ITM calls cluster with 77 contracts traded, $60329 estimated gross traded notional, and 23% of visible notional.
$60329
Calls · 46-90 days · ATM calls cluster with 85 contracts traded, $38399 estimated gross traded notional, and 14% of visible notional.
$38399
Calls · 91+ days · ITM calls cluster with 26 contracts traded, $36344 estimated gross traded notional, and 14% of visible notional.
$36344
Calls · 91+ days · OTM calls cluster with 104 contracts traded, $31977 estimated gross traded notional, and 12% of visible notional.
$31977
Puts · 46-90 days · OTM puts cluster with 231 contracts traded, $29833 estimated gross traded notional, and 11% of visible notional.
$29833

Setup Classification

Opportunity and risk frame

Context, not advice
Warning Event-risk setup

Expected move or upcoming earnings makes the setup more event-sensitive.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

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
Close41.75
1W-0.5%
RS-16.1
Fair value-22.1%
Options pressure33
Speculation32
Volatility44
Trend fit37

Today Versus Normal

Stored-options context

View history
Expected move 15.2% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.05 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.63 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.21 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 10:30 Volatility
Pressure 72
Move 15.0%
30 Jul 10:25 Volatility
Pressure 100
Move 16.6%
31 Jul 12:19 Volatility
Pressure 89
Move 13.5%
31 Jul 13:35 Bullish
Pressure 33
Move 15.2%

Strike Map

Where activity is clustering

Full strike map
Strike30.00
Calls · V 0 · OI 0
Puts · V 2 · OI 3
Strike34.00
Calls · V 1 · OI 1
Puts · V 0 · OI 6
Strike35.00
Calls · V 5 · OI 5
Puts · V 10 · OI 4
Strike36.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike37.00
Calls · V 2 · OI 1
Puts · V 0 · OI 0
Strike38.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike39.00
Calls · V 0 · OI 0
Puts · V 1 · OI 2
Strike40.00
Calls · V 2 · OI 13
Puts · V 2 · OI 12

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts20
Avg IV0.05
Put-call0.51
Expiry18 Sep 2026
Contracts12
Avg IV0.02
Put-call0.04
Expiry16 Oct 2026
Contracts32
Avg IV0.02
Put-call1.34
Expiry18 Dec 2026
Contracts39
Avg IV0.02
Put-call0.29
Expiry15 Jan 2027
Contracts17
Avg IV0.01
Put-call0.65

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.00
Put IV0.13
Skew0.12
18 Sep 2026Put IV premium
Call IV0.00
Put IV0.13
Skew0.12
16 Oct 2026Put IV premium
Call IV0.00
Put IV0.06
Skew0.06
18 Dec 2026Put IV premium
Call IV0.00
Put IV0.06
Skew0.06
15 Jan 2027Put IV premium
Call IV0.00
Put IV0.06
Skew0.06

Contract Tape

Most active contracts

Full contract tape
ContractRYAN261218C00085000
SideCall
Expiry18 Dec 2026
Strike85.00
Volume-
OI11
IV0.80
ContractRYAN260821P00034000
SidePut
Expiry21 Aug 2026
Strike34.00
Volume-
OI6
IV0.25
ContractRYAN261218C00048000
SideCall
Expiry18 Dec 2026
Strike48.00
Volume-
OI2
IV0.02
ContractRYAN261016C00041000
SideCall
Expiry16 Oct 2026
Strike41.00
Volume-
OI1
IV0.00
ContractRYAN260918P00032000
SidePut
Expiry18 Sep 2026
Strike32.00
Volume-
OI1
IV0.25
ContractRYAN261016C00037000
SideCall
Expiry16 Oct 2026
Strike37.00
Volume-
OI1
IV0.00
ContractRYAN261016P00038000
SidePut
Expiry16 Oct 2026
Strike38.00
Volume-
OI1
IV0.13
ContractRYAN261016C00039000
SideCall
Expiry16 Oct 2026
Strike39.00
Volume-
OI1
IV0.00