Primary read
Volatility
Volatility expansion watch
Ticker Options Intelligence
ALLT options intelligence
Allot Communications Ltd options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
54
Market data through 31 Jul 2026
Checked 2 Aug 2026 08:15 · complete available chain
Volatility expansion watch
Volatility pressure
ALLT currently carries volatility options pressure with a 54/100 conviction score. The nearest-chain expected move is 22.7%, with volume/open-interest participation at 0.00.
Expected move
22.7%
Wider near-term move priced
Activity / OI
0.00
Current volume is quieter versus prior open interest
Put-call
2.00
Put-side skew
Trend fit
100
Options agree with trend context
Weekly backdrop
-0.5%
RS -18.5
Expected move
22.7%
Put-call volume
2.00
Volume / OI
0.00
Reference IV
0.94
Max pain
8.00
Underlying
7.61
Nearest expiry
21 Aug 2026
Contracts
172
Research Brief
ALLT has a volatility chain read with 54/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 5.88–9.34; The largest call open-interest concentration is 10.00; the largest put concentration is 8.00. The most active strike by current volume is 8.00.
Priced range5.88–9.34
Call concentration10.00
Put concentration8.00
Max pain reference8.00
- A clear directional pressure reading develops and price begins to agree.
- The current chain read already agrees with the stored weekly trend context.
- Volatility falls and the chain remains directionally mixed.
- 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
Options imply 5.88 to 9.34. Max pain at 8.00 sits inside that range, 5.1% above spot.
Spot
Max pain
5.887.61 ± 1.739.34
Confirmation level
A close beyond 9.34 or below 5.88 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 54/100
Pressure is 43/100 toward puts; conviction uses its strength, while the signal label carries its direction.
Directional pressure43 × 42%
+18.2
How strongly activity leans toward calls or puts.
Participation0 × 22%
+0.0
Volume relative to existing open interest and contract-level activity.
Trend agreement100 × 26%
+25.9
How closely the chain read agrees with the underlying trend backdrop.
Volatility96 × 10%
+9.6
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
The largest call open-interest concentration is 10.00; the largest put concentration is 8.00. The most active strike by current volume is 8.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
1.00-86.9%
0
1
2.00-73.7%
0
0
3.00-60.6%
1
0
4.00-47.4%
0
0
5.00-34.3%
0
5
6.00-21.2%
0
18
7.00-8.0%
35
150
8.005.1%
436
0
9.0018.3%
109
0
10.0031.4%
5230
0
11.0044.5%
124
0
12.0057.7%
0
0
13.0070.8%
0
0
14.0084.0%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Front-loaded volatility
Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.
0.94
21 Aug
21d
0.65
18 Sep
49d
0.74
18 Dec
140d
0.85
15 Jan
168d
0.61
19 Mar
231d
0.54
21 Jan
539d
Volatility by Strike
Upside optionality premium
Out-of-the-money calls carry higher implied volatility than comparable puts, indicating richer upside optionality.
7
8
9
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
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
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 172 / 172
- 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
Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.
Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $440 of estimated gross traded notional, puts · 8-21 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-43
1W price-0.5%
Call premium20%
Put premium80%
Notional split
C 20% / P 80%
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
100/100
Agreement between options pressure and Sharemaestro market context.
Event window
13 Aug
Matched earnings event is 10 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Puts · 8-21 days · ITM
puts cluster with 4 contracts traded, $350 estimated gross traded notional, and 80% of visible notional.
$350
Calls · 91+ days · OTM
calls cluster with 1 contracts traded, $65 estimated gross traded notional, and 15% of visible notional.
$65
Calls · 46-90 days · OTM
calls cluster with 1 contracts traded, $25 estimated gross traded notional, and 6% of visible notional.
$25
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
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
Close7.61
1W-0.5%
RS-18.5
Fair value+39.2%
Options pressure-43
Speculation0
Volatility96
Trend fit100
Today Versus Normal
Stored-options context
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 11:29
Bullish
Pressure 40
Move 18.6%
30 Jul 11:14
Bullish
Pressure 81
Move 18.3%
31 Jul 10:51
Bullish
Pressure 57
Move 18.0%
2 Aug 07:15
Volatility
Pressure -43
Move 22.7%
Strike Map
Where activity is clustering
Strike1.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike2.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike3.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike4.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike6.00
Calls · V 0 · OI 0
Puts · V 0 · OI 5
Strike7.00
Calls · V 0 · OI 35
Puts · V 0 · OI 18
Strike8.00
Calls · V 0 · OI 436
Puts · V 4 · OI 150
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts28
Avg IV0.94
Put-call-
Expiry18 Sep 2026
Contracts40
Avg IV0.65
Put-call-
Expiry18 Dec 2026
Contracts30
Avg IV0.74
Put-call-
Expiry15 Jan 2027
Contracts24
Avg IV0.85
Put-call-
Expiry19 Mar 2027
Contracts34
Avg IV0.61
Put-call-
Skew
Call/put IV balance
21 Aug 2026Call IV premium
Call IV1.71
Put IV0.77
Skew-0.95
18 Sep 2026Put IV premium
Call IV0.81
Put IV1.13
Skew0.32
18 Dec 2026Call IV premium
Call IV0.76
Put IV0.70
Skew-0.06
15 Jan 2027Balanced skew
Call IV0.93
Put IV0.93
Skew-
19 Mar 2027Put IV premium
Call IV0.63
Put IV0.83
Skew0.20
Contract Tape
Most active contracts
ContractALLT260821P00008000
SidePut
Expiry21 Aug 2026
Strike8.00
Volume4
OI150
IV0.91
ContractALLT260918C00010000
SideCall
Expiry18 Sep 2026
Strike10.00
Volume1
OI506
IV0.81
ContractALLT280121C00020000
SideCall
Expiry21 Jan 2028
Strike20.00
Volume1
OI78
IV0.69
ContractALLT261218P00007000
SidePut
Expiry18 Dec 2026
Strike7.00
Volume-
OI15224
IV0.10
ContractALLT260821C00010000
SideCall
Expiry21 Aug 2026
Strike10.00
Volume-
OI5230
IV0.56
ContractALLT260821C00008000
SideCall
Expiry21 Aug 2026
Strike8.00
Volume-
OI436
IV1.38
ContractALLT260918C00008000
SideCall
Expiry18 Sep 2026
Strike8.00
Volume-
OI253
IV0.51
ContractALLT270115C00009000
SideCall
Expiry15 Jan 2027
Strike9.00
Volume-
OI205
IV0.91
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.