Ticker Options Intelligence

RNGR options intelligence

Ranger Energy Services Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 48 Market data through 31 Jul 2026 Checked 1 Aug 2026 09:57 · complete available chain

Call-side pressure

Bullish pressure

RNGR currently carries bullish options pressure with a 48/100 conviction score. The nearest-chain expected move is 8.8%, with volume/open-interest participation at 0.02.

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

Call-side pressure

Expected move 8.8%

Wider near-term move priced

Activity / OI 0.02

Current volume is quieter versus prior open interest

Put-call 0.00

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop +0.6%

RS -2.6

Expected move 8.8%
Put-call volume -
Volume / OI 0.02
Reference IV 0.36
Max pain 10.00
Underlying 15.71
Nearest expiry 21 Aug 2026
Contracts 50

Research Brief

RNGR has a bullish chain read with 48/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 14.34–17.08; The largest call open-interest concentration is 17.50; the largest put concentration is 10.00. The most active strike by current volume is 17.50.

Priced range14.34–17.08
Call concentration17.50
Put concentration10.00
Max pain reference10.00
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 14.34 to 17.08. Max pain at 10.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
14.3415.71 ± 1.3717.08
Confirmation level

A close beyond 17.08 or below 14.34 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 48/100

Evidence alignment, not probability

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

Directional pressure100 × 42%
+42.0

How strongly activity leans toward calls or puts.

Participation1 × 22%
+0.2

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.

Volatility61 × 10%
+6.1

The intensity of implied volatility and the priced move.

Reconstructed score48.3Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 17.50; the largest put concentration is 10.00. The most active strike by current volume is 17.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
10.00-36.3%
0
0
12.50-20.4%
0
0
15.00-4.5%
0
0
17.5011.4%
1371
0
20.0027.3%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.29× front/back

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

0.36 21 Aug 21d
0.25 18 Sep 49d
0.23 18 Dec 140d
0.28 19 Mar 231d

Volatility by Strike

Upside optionality premium

Nearest expiry, within 20% of spot

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

15
18
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

A97/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
50 / 50
  • 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

51/100
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 before price confirmation

Call-side pressure is building before a meaningful weekly price response.

Why this matters

Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $415 of estimated gross traded notional, calls · 8-21 days · otm, and a bullish 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+100
1W price+0.6%
Call premium100%
Put premium0%
Notional split C 100% / P 0% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.02 Volume divided by open interest across the visible chain.
Trend fit 0/100 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 · 8-21 days · OTM
Calls · 8-21 days · OTM calls cluster with 30 contracts traded, $375 estimated gross traded notional, and 90% of visible notional.
$375
Calls · 46-90 days · OTM calls cluster with 1 contracts traded, $40 estimated gross traded notional, and 10% of visible notional.
$40

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
Close15.71
1W+0.6%
RS-2.6
Fair value+21.4%
Options pressure100
Speculation1
Volatility61
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 8.8% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.36 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.00 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.02 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 11:30 Bullish
Pressure 80
Move 8.2%
30 Jul 11:14 Bullish
Pressure 100
Move 9.6%
31 Jul 13:12 Bullish
Pressure 100
Move 9.4%
31 Jul 15:48 Bullish
Pressure 100
Move 10.6%
31 Jul 16:45 Bullish
Pressure 100
Move 9.7%
1 Aug 08:57 Bullish
Pressure 100
Move 8.8%

Strike Map

Where activity is clustering

Full strike map
Strike10.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike12.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike15.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike17.50
Calls · V 30 · OI 1371
Puts · V 0 · OI 0
Strike20.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts10
Avg IV0.36
Put-call-
Expiry18 Sep 2026
Contracts10
Avg IV0.25
Put-call-
Expiry18 Dec 2026
Contracts20
Avg IV0.23
Put-call-
Expiry19 Mar 2027
Contracts10
Avg IV0.28
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV0.36
Put IV0.17
Skew-0.19
18 Sep 2026Balanced skew
Call IV0.12
Put IV0.11
Skew-0.01
18 Dec 2026Balanced skew
Call IV0.06
Put IV0.07
Skew0.01
19 Mar 2027Balanced skew
Call IV0.04
Put IV0.06
Skew0.02

Contract Tape

Most active contracts

Full contract tape
ContractRNGR260821C00017500
SideCall
Expiry21 Aug 2026
Strike17.50
Volume30
OI1371
IV0.36
ContractRNGR260918C00017500
SideCall
Expiry18 Sep 2026
Strike17.50
Volume1
OI16
IV0.12
ContractRNGR260918C00020000
SideCall
Expiry18 Sep 2026
Strike20.00
Volume-
OI27
IV0.27
ContractRNGR270319P00020000
SidePut
Expiry19 Mar 2027
Strike20.00
Volume-
OI10
IV0.43
ContractRNGR261218C00030000
SideCall
Expiry18 Dec 2026
Strike30.00
Volume-
OI8
IV0.40
ContractRNGR261218C00020000
SideCall
Expiry18 Dec 2026
Strike20.00
Volume-
OI1
IV0.15
ContractRNGR260918P00012500
SidePut
Expiry18 Sep 2026
Strike12.50
Volume-
OI-
IV0.33
ContractRNGR260821P00015000
SidePut
Expiry21 Aug 2026
Strike15.00
Volume-
OI-
IV0.17