Primary read
Bearish
Put-side pressure
Ticker Options Intelligence
MRSH options intelligence
Marsh & McLennan Companies, Inc. options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
54
Market data through 29 Jul 2026
Checked 29 Jul 2026 21:15 · complete available chain
Put-side pressure
Bearish pressure
MRSH currently carries bearish options pressure with a 54/100 conviction score. The nearest-chain expected move is 10.4%, with volume/open-interest participation at 0.16.
Expected move
10.4%
Wider near-term move priced
Activity / OI
0.16
Current volume is quieter versus prior open interest
Put-call
2.00
Put-side skew
Trend fit
95
Options agree with trend context
Weekly backdrop
-0.2%
RS -8.1
Expected move
10.4%
Put-call volume
2.00
Volume / OI
0.16
Reference IV
0.39
Max pain
180.00
Underlying
180.74
Nearest expiry
21 Aug 2026
Contracts
217
Options Intent Radar
Put-heavy activity
Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.
Put-side pressure is present before a decisive weekly price breakdown.
Put-heavy activity matters because it connects the options headline to the actual evidence: $1.8M of estimated gross traded notional, calls · 91+ days · itm, and a bearish flow before price confirmation backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure-31
1W price-0.2%
Call premium73%
Put premium27%
Notional split
C 73% / P 27%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.16
Volume divided by open interest across the visible chain.
Trend fit
95/100
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.
Calls · 91+ days · ITM
calls cluster with 131 contracts traded, $574822 estimated gross traded notional, and 31% of visible notional.
$574822
Calls · 91+ days · OTM
calls cluster with 339 contracts traded, $370360 estimated gross traded notional, and 20% of visible notional.
$370360
Puts · 91+ days · OTM
puts cluster with 263 contracts traded, $198280 estimated gross traded notional, and 11% of visible notional.
$198280
Calls · 46-90 days · ATM
calls cluster with 73 contracts traded, $148770 estimated gross traded notional, and 8% of visible notional.
$148770
Calls · 46-90 days · ITM
calls cluster with 36 contracts traded, $90100 estimated gross traded notional, and 5% of visible notional.
$90100
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.
Underlying price is close to the max-pain zone.
Activity Anomaly
High anomaly
Current options activity is unusually hot versus this ticker's stored history.
Volume rank100th
Volume/OI rank100th
IV rank100th
Market Context
Underlying confirmation
Close180.74
1W-0.2%
RS-8.1
Fair value-8.4%
Options pressure-31
Speculation44
Volatility67
Trend fit95
Today Versus Normal
Stored-options context
30d avg 7.6% · 1 read
100th
90d avg 7.6% · 1 read
100th
180d avg 7.6% · 1 read
100th
30d avg 0.21 · 1 read
100th
90d avg 0.21 · 1 read
100th
180d avg 0.21 · 1 read
100th
30d avg 9.54 · 1 read
0th
90d avg 9.54 · 1 read
0th
180d avg 9.54 · 1 read
0th
30d avg 0.12 · 1 read
100th
90d avg 0.12 · 1 read
100th
180d avg 0.12 · 1 read
100th
Pressure Trail
Recent pressure and volatility
29 Jul 10:04
Bearish
Pressure -78
Move 7.6%
29 Jul 20:15
Bearish
Pressure -31
Move 10.4%
Strike Map
Where activity is clustering
Strike120.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike125.00
Calls · V 0 · OI 0
Puts · V 1 · OI 25
Strike135.00
Calls · V 0 · OI 0
Puts · V 1 · OI 0
Strike140.00
Calls · V 0 · OI 0
Puts · V 6 · OI 7
Strike145.00
Calls · V 0 · OI 0
Puts · V 1 · OI 3
Strike150.00
Calls · V 0 · OI 0
Puts · V 3 · OI 27
Strike155.00
Calls · V 0 · OI 0
Puts · V 1 · OI 12
Strike160.00
Calls · V 0 · OI 0
Puts · V 4 · OI 207
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts22
Avg IV0.39
Put-call12.27
Expiry18 Sep 2026
Contracts14
Avg IV0.34
Put-call29.80
Expiry16 Oct 2026
Contracts36
Avg IV0.31
Put-call0.36
Expiry15 Jan 2027
Contracts55
Avg IV0.32
Put-call0.22
Expiry19 Mar 2027
Contracts42
Avg IV0.30
Put-call1.81
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV0.26
Put IV0.58
Skew0.32
18 Sep 2026Put IV premium
Call IV0.29
Put IV0.43
Skew0.14
16 Oct 2026Balanced skew
Call IV0.28
Put IV0.32
Skew0.05
15 Jan 2027Balanced skew
Call IV0.29
Put IV0.28
Skew-0.01
19 Mar 2027Balanced skew
Call IV0.30
Put IV0.30
Skew0.00
Contract Tape
Most active contracts
ContractMRSH280121C00280000
SideCall
Expiry21 Jan 2028
Strike280.00
Volume-
OI-
IV-
ContractMRSH280121P00120000
SidePut
Expiry21 Jan 2028
Strike120.00
Volume-
OI-
IV-
ContractMRSH280121P00125000
SidePut
Expiry21 Jan 2028
Strike125.00
Volume-
OI-
IV-
ContractMRSH280121C00100000
SideCall
Expiry21 Jan 2028
Strike100.00
Volume-
OI-
IV-
ContractMRSH280121C00250000
SideCall
Expiry21 Jan 2028
Strike250.00
Volume-
OI-
IV-
ContractMRSH270319C00135000
SideCall
Expiry19 Mar 2027
Strike135.00
Volume-
OI33
IV0.42
ContractMRSH261016P00195000
SidePut
Expiry16 Oct 2026
Strike195.00
Volume-
OI18
IV0.96
ContractMRSH270115C00250000
SideCall
Expiry15 Jan 2027
Strike250.00
Volume-
OI8
IV0.32
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.