Ticker Options Intelligence

HYMC options intelligence

Hycroft Mining Holding Corporation options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 40 Market data through 31 Jul 2026 Checked 1 Aug 2026 06:47 · complete available chain

Call-side pressure

Bullish pressure

HYMC currently carries bullish options pressure with a 40/100 conviction score. The nearest-chain expected move is 18.1%, with volume/open-interest participation at 0.01.

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

Call-side pressure

Expected move 18.1%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 0.39

Call-side skew

Trend fit 6

Options are not fully confirming trend

Weekly backdrop -3.4%

RS -21.3

Expected move 18.1%
Put-call volume 0.39
Volume / OI 0.01
Reference IV 0.97
Max pain 24.00
Underlying 20.22
Nearest expiry 21 Aug 2026
Contracts 434

Research Brief

HYMC has a bullish chain read with 40/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 16.57–23.87; The largest call open-interest concentration is 40.00; the largest put concentration is 22.00. The most active strike by current volume is 20.00.

Priced range16.57–23.87
Call concentration40.00
Put concentration22.00
Max pain reference24.00
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.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 16.57 to 23.87. Max pain at 24.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
16.5720.22 ± 3.6523.87
Confirmation level

A close beyond 23.87 or below 16.57 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 40/100

Evidence alignment, not probability

Pressure is 51/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure51 × 42%
+21.3

How strongly activity leans toward calls or puts.

Participation32 × 22%
+7.1

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

Trend agreement6 × 26%
+1.6

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

Volatility96 × 10%
+9.6

The intensity of implied volatility and the priced move.

Reconstructed score39.6Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 40.00; the largest put concentration is 22.00. The most active strike by current volume is 20.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
1160
17.00-15.9%
9
1214
20.00-1.1%
1151
214
21.003.9%
976
2758
22.008.8%
418
549
25.0023.6%
484
396
27.0033.5%
561
591
30.0048.4%
1362
871
32.0058.3%
252
110
35.0073.1%
947
48
40.0097.8%
1990
9
44.00117.6%
811
32
45.00122.6%
603
2
50.00147.3%
959
0
55.00172.0%
792
0
60.00196.7%
1106
0
80.00295.6%
654
0
85.00320.4%
1445
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

0.98× front/back

Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.

0.97 21 Aug 21d
0.95 18 Sep 49d
0.99 20 Nov 112d
0.99 15 Jan 168d
0.98 19 Feb 203d
0.99 21 Jan 539d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

Comparable upside calls and downside puts carry broadly similar implied volatility.

17
18
19
20
21
22
23
24
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

A100/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
434 / 434
  • 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

72/100
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: $189472 of estimated gross traded notional, puts · 8-21 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+51
1W price-3.4%
Call premium55%
Put premium45%
Notional split C 55% / P 45% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.01 Volume divided by open interest across the visible chain.
Trend fit 6/100 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 Puts · 8-21 days · ITM
Puts · 8-21 days · ITM puts cluster with 39 contracts traded, $29250 estimated gross traded notional, and 15% of visible notional.
$29250
Puts · 46-90 days · ITM puts cluster with 38 contracts traded, $26515 estimated gross traded notional, and 14% of visible notional.
$26515
Calls · 46-90 days · ATM calls cluster with 79 contracts traded, $19948 estimated gross traded notional, and 11% of visible notional.
$19948
Calls · 8-21 days · ATM calls cluster with 114 contracts traded, $18525 estimated gross traded notional, and 10% of visible notional.
$18525
Calls · 8-21 days · OTM calls cluster with 213 contracts traded, $15125 estimated gross traded notional, and 8% of visible notional.
$15125

Setup Classification

Opportunity and risk frame

Context, not advice
Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Warning Event-risk setup

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

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Warning Bullish pressure over fair value

Call pressure is building while the stock sits above Sharemaestro fair value.

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
Close19.53
1W-3.4%
RS-21.3
Fair value+105.9%
Options pressure51
Speculation32
Volatility96
Trend fit6

Today Versus Normal

Stored-options context

View history
Expected move 18.1% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.97 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.39 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.01 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 10:54 Bullish
Pressure 44
Move 20.6%
30 Jul 10:44 Volatility
Pressure 100
Move 19.8%
30 Jul 14:52 Volatility
Pressure 82
Move 19.2%
30 Jul 15:30 Volatility
Pressure 83
Move 18.8%
30 Jul 19:51 Volatility
Pressure 85
Move 19.2%
31 Jul 12:10 Bullish
Pressure 72
Move 18.4%
1 Aug 05:47 Bullish
Pressure 51
Move 18.1%

Strike Map

Where activity is clustering

Full strike map
Strike3.00
Calls · V 0 · OI 11
Puts · V 0 · OI 11
Strike5.00
Calls · V 0 · OI 52
Puts · V 0 · OI 29
Strike8.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike9.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike10.00
Calls · V 0 · OI 95
Puts · V 0 · OI 98
Strike11.00
Calls · V 0 · OI 0
Puts · V 0 · OI 7
Strike12.00
Calls · V 0 · OI 3
Puts · V 0 · OI 96
Strike13.00
Calls · V 0 · OI 10
Puts · V 2 · OI 58

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts104
Avg IV0.97
Put-call0.35
Expiry18 Sep 2026
Contracts58
Avg IV0.95
Put-call0.57
Expiry20 Nov 2026
Contracts98
Avg IV0.99
Put-call6.33
Expiry15 Jan 2027
Contracts54
Avg IV0.99
Put-call0.08
Expiry19 Feb 2027
Contracts66
Avg IV0.98
Put-call0.13

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV1.00
Put IV1.00
Skew-
18 Sep 2026Balanced skew
Call IV0.96
Put IV0.96
Skew-
20 Nov 2026Balanced skew
Call IV1.02
Put IV1.00
Skew-0.02
15 Jan 2027Balanced skew
Call IV1.01
Put IV0.98
Skew-0.03
19 Feb 2027Balanced skew
Call IV1.03
Put IV1.00
Skew-0.03

Contract Tape

Most active contracts

Full contract tape
ContractHYMC260821C00020000
SideCall
Expiry21 Aug 2026
Strike20.00
Volume114
OI1151
IV0.97
ContractHYMC260821C00022000
SideCall
Expiry21 Aug 2026
Strike22.00
Volume105
OI418
IV0.98
ContractHYMC260918C00020000
SideCall
Expiry18 Sep 2026
Strike20.00
Volume79
OI92
IV0.94
ContractHYMC260821C00024000
SideCall
Expiry21 Aug 2026
Strike24.00
Volume41
OI447
IV1.00
ContractHYMC260821P00020000
SidePut
Expiry21 Aug 2026
Strike20.00
Volume31
OI1214
IV0.95
ContractHYMC270115C00047000
SideCall
Expiry15 Jan 2027
Strike47.00
Volume30
OI4825
IV1.03
ContractHYMC260821P00019000
SidePut
Expiry21 Aug 2026
Strike19.00
Volume28
OI277
IV0.97
ContractHYMC260918C00021000
SideCall
Expiry18 Sep 2026
Strike21.00
Volume28
OI42
IV0.91