Primary read
Volatility
Volatility expansion watch
Ticker Options Intelligence
PSIX options intelligence
Power Solutions International, Inc. Common Stock options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
51
Market data through 31 Jul 2026
Checked 2 Aug 2026 03:52 · complete available chain
Volatility expansion watch
Volatility pressure
PSIX currently carries volatility options pressure with a 51/100 conviction score. The nearest-chain expected move is 35.3%, with volume/open-interest participation at 0.03.
Expected move
35.3%
Wider near-term move priced
Activity / OI
0.03
Current volume is quieter versus prior open interest
Put-call
0.11
Call-side skew
Trend fit
0
Options are not fully confirming trend
Weekly backdrop
-7.8%
RS -63.0
Expected move
35.3%
Put-call volume
0.11
Volume / OI
0.03
Reference IV
1.68
Max pain
40.00
Underlying
27.61
Nearest expiry
21 Aug 2026
Contracts
150
Research Brief
PSIX has a volatility chain read with 51/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 17.86–37.36; The largest call open-interest concentration is 50.00; the largest put concentration is 35.00. The most active strike by current volume is 50.00.
Priced range17.86–37.36
Call concentration50.00
Put concentration35.00
Max pain reference40.00
- A clear directional pressure reading develops and price begins to agree.
- 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
Options imply 17.86 to 37.36. Max pain at 40.00 lies outside the priced range, so it is a weak near-term anchor.
Spot
Max pain
17.8627.61 ± 9.7537.36
Confirmation level
A close beyond 37.36 or below 17.86 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 51/100
Pressure is 89/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure89 × 42%
+37.5
How strongly activity leans toward calls or puts.
Participation19 × 22%
+4.1
Volume relative to existing open interest and contract-level activity.
Trend agreement0 × 26%
+0.0
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 50.00; the largest put concentration is 35.00. The most active strike by current volume is 50.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
59
20.00-27.6%
0
91
25.00-9.5%
8
244
30.008.7%
292
3371
35.0026.8%
219
60
40.0044.9%
429
195
45.0063.0%
338
120
50.0081.1%
8841
52
55.0099.2%
4000
163
60.00117.3%
387
56
65.00135.4%
157
50
70.00153.5%
155
42
75.00171.6%
91
0
80.00189.8%
146
0
100.00262.2%
87
0
110.00298.4%
201
0
115.00316.5%
128
0
120.00334.6%
176
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.
1.68
21 Aug
21d
1.23
18 Sep
49d
1.11
20 Nov
112d
1.03
19 Feb
203d
Volatility by Strike
Upside optionality premium
Out-of-the-money calls carry higher implied volatility than comparable puts, indicating richer upside optionality.
23
25
30
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
- 150 / 150
- 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: $179882 of estimated gross traded notional, calls · 8-21 days · otm, 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+89
1W price-7.8%
Call premium56%
Put premium44%
Notional split
C 56% / P 44%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.03
Volume divided by open interest across the visible chain.
Trend fit
0/100
Agreement between options pressure and Sharemaestro market context.
Event window
6 Aug
Matched earnings event is 4 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 · 8-21 days · OTM
calls cluster with 504 contracts traded, $68068 estimated gross traded notional, and 38% of visible notional.
$68068
Puts · 8-21 days · ITM
puts cluster with 37 contracts traded, $46900 estimated gross traded notional, and 26% of visible notional.
$46900
Calls · 46-90 days · OTM
calls cluster with 184 contracts traded, $32750 estimated gross traded notional, and 18% of visible notional.
$32750
Puts · 91+ days · ITM
puts cluster with 13 contracts traded, $26070 estimated gross traded notional, and 14% of visible notional.
$26070
Puts · 8-21 days · OTM
puts cluster with 21 contracts traded, $4868 estimated gross traded notional, and 3% of visible notional.
$4868
Setup Classification
Opportunity and risk frame
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Options positioning is not confirming the underlying trend context.
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
Close27.61
1W-7.8%
RS-63.0
Fair value-21.8%
Options pressure89
Speculation19
Volatility96
Trend fit0
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 11:14
Volatility
Pressure 99
Move 30.0%
29 Jul 19:15
Volatility
Pressure 87
Move 23.6%
30 Jul 08:17
Volatility
Pressure 100
Move 26.1%
30 Jul 14:59
Volatility
Pressure 81
Move 26.0%
30 Jul 15:17
Volatility
Pressure 84
Move 25.9%
30 Jul 19:54
Volatility
Pressure 87
Move 29.2%
31 Jul 04:23
Volatility
Pressure 95
Move 27.1%
2 Aug 02:52
Volatility
Pressure 89
Move 35.3%
Strike Map
Where activity is clustering
Strike15.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike17.50
Calls · V 0 · OI 0
Puts · V 0 · OI 56
Strike20.00
Calls · V 0 · OI 0
Puts · V 0 · OI 59
Strike22.50
Calls · V 0 · OI 10
Puts · V 10 · OI 26
Strike25.00
Calls · V 0 · OI 8
Puts · V 11 · OI 91
Strike30.00
Calls · V 17 · OI 292
Puts · V 15 · OI 244
Strike35.00
Calls · V 99 · OI 219
Puts · V 11 · OI 3371
Strike40.00
Calls · V 31 · OI 429
Puts · V 0 · OI 60
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts56
Avg IV1.68
Put-call0.12
Expiry18 Sep 2026
Contracts20
Avg IV1.23
Put-call-
Expiry20 Nov 2026
Contracts50
Avg IV1.11
Put-call4.00
Expiry19 Feb 2027
Contracts24
Avg IV1.03
Put-call-
Skew
Call/put IV balance
21 Aug 2026Call IV premium
Call IV1.95
Put IV1.55
Skew-0.40
18 Sep 2026Call IV premium
Call IV1.37
Put IV1.07
Skew-0.30
20 Nov 2026Call IV premium
Call IV1.16
Put IV1.09
Skew-0.07
19 Feb 2027Call IV premium
Call IV1.07
Put IV0.96
Skew-0.11
Contract Tape
Most active contracts
ContractPSIX260821C00050000
SideCall
Expiry21 Aug 2026
Strike50.00
Volume172
OI8841
IV2.08
ContractPSIX260821C00035000
SideCall
Expiry21 Aug 2026
Strike35.00
Volume99
OI219
IV1.73
ContractPSIX260918C00040000
SideCall
Expiry18 Sep 2026
Strike40.00
Volume94
OI42
IV1.30
ContractPSIX260918C00045000
SideCall
Expiry18 Sep 2026
Strike45.00
Volume90
OI42
IV1.37
ContractPSIX260821C00060000
SideCall
Expiry21 Aug 2026
Strike60.00
Volume55
OI387
IV2.19
ContractPSIX260821C00055000
SideCall
Expiry21 Aug 2026
Strike55.00
Volume53
OI4000
IV2.13
ContractPSIX260821C00045000
SideCall
Expiry21 Aug 2026
Strike45.00
Volume34
OI338
IV1.95
ContractPSIX260821C00040000
SideCall
Expiry21 Aug 2026
Strike40.00
Volume31
OI429
IV2.05
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.