Ticker Options Intelligence

EXK options intelligence

Endeavour Silver Corp. options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 59 Market data through 31 Jul 2026 Checked 1 Aug 2026 15:45 · complete available chain

Volatility expansion watch

Volatility pressure

EXK currently carries volatility options pressure with a 59/100 conviction score. The nearest-chain expected move is 15.0%, 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 Volatility

Volatility expansion watch

Expected move 15.0%

Wider near-term move priced

Activity / OI 0.02

Current volume is quieter versus prior open interest

Put-call 0.07

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop -3.8%

RS -22.5

Expected move 15.0%
Put-call volume 0.07
Volume / OI 0.02
Reference IV 0.84
Max pain 10.00
Underlying 7.52
Nearest expiry 21 Aug 2026
Contracts 134

Research Brief

EXK has a volatility chain read with 59/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 6.40–8.64; The largest call open-interest concentration is 20.00; the largest put concentration is 10.00. The most active strike by current volume is 10.00.

Priced range6.40–8.64
Call concentration20.00
Put concentration10.00
Max pain reference10.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • 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 6.40 to 8.64. Max pain at 10.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
6.407.52 ± 1.128.64
Confirmation level

A close beyond 8.64 or below 6.40 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 59/100

Evidence alignment, not probability

Pressure is 97/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure97 × 42%
+40.6

How strongly activity leans toward calls or puts.

Participation40 × 22%
+8.9

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.

Reconstructed score59.0Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 20.00; the largest put concentration is 10.00. The most active strike by current volume is 10.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
16
2.50-66.8%
19
484
5.00-33.5%
150
3648
7.50-0.3%
2163
4312
10.0033.0%
7926
1743
12.5066.2%
7302
436
15.0099.5%
7554
9
17.50132.7%
5684
0
20.00166.0%
10768
0
22.50199.2%
495
0
25.00232.4%
1137
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

1.10× front/back

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

0.84 21 Aug 21d
0.77 18 Sep 49d
0.85 20 Nov 112d
0.80 15 Jan 168d
0.81 19 Feb 203d
0.86 21 Jan 539d
0.76 15 Dec 868d

Volatility by Strike

Smile incomplete

Nearest expiry, within 20% of spot

There is not enough comparable OTM call and put volatility to classify the smile.

8
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
134 / 134
  • 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

87/100
Primary intent Earnings/event positioning

Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.

Flow vs price divergence Volatility flow versus price

Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $644283 of estimated gross traded notional, calls · 91+ 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+97
1W price-3.8%
Call premium97%
Put premium3%
Notional split C 97% / P 3% 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.
Event window 12 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.
Conviction clusters Calls · 91+ days · OTM
Calls · 91+ days · OTM calls cluster with 2474 contracts traded, $532865 estimated gross traded notional, and 83% of visible notional.
$532865
Calls · 91+ days · ITM calls cluster with 113 contracts traded, $63875 estimated gross traded notional, and 10% of visible notional.
$63875
Calls · 91+ days · ATM calls cluster with 92 contracts traded, $14330 estimated gross traded notional, and 2% of visible notional.
$14330
Calls · 8-21 days · ITM calls cluster with 27 contracts traded, $6682 estimated gross traded notional, and 1% of visible notional.
$6682
Puts · 91+ days · OTM puts cluster with 126 contracts traded, $5470 estimated gross traded notional, and 1% of visible notional.
$5470

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.

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
Close7.52
1W-3.8%
RS-22.5
Fair value+43.9%
Options pressure97
Speculation40
Volatility96
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 15.0% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.84 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.07 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 10:55 Bullish
Pressure 66
Move 18.9%
30 Jul 07:51 Volatility
Pressure 84
Move 17.3%
31 Jul 09:42 Volatility
Pressure 90
Move 15.0%
31 Jul 20:39 Volatility
Pressure 66
Move 14.4%
1 Aug 09:09 Volatility
Pressure 97
Move 14.4%
1 Aug 14:45 Volatility
Pressure 97
Move 15.0%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 19
Puts · V 0 · OI 16
Strike5.00
Calls · V 27 · OI 150
Puts · V 0 · OI 484
Strike7.50
Calls · V 63 · OI 2163
Puts · V 35 · OI 3648
Strike10.00
Calls · V 133 · OI 7926
Puts · V 12 · OI 4312
Strike12.50
Calls · V 1 · OI 7302
Puts · V 0 · OI 1743
Strike15.00
Calls · V 0 · OI 7554
Puts · V 0 · OI 436
Strike17.50
Calls · V 0 · OI 5684
Puts · V 0 · OI 9
Strike20.00
Calls · V 0 · OI 10768
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts20
Avg IV0.84
Put-call0.21
Expiry18 Sep 2026
Contracts12
Avg IV0.77
Put-call0.30
Expiry20 Nov 2026
Contracts16
Avg IV0.85
Put-call0.07
Expiry15 Jan 2027
Contracts38
Avg IV0.80
Put-call0.95
Expiry19 Feb 2027
Contracts14
Avg IV0.81
Put-call0.80

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV0.89
Put IV0.77
Skew-0.13
18 Sep 2026Balanced skew
Call IV0.77
Put IV0.76
Skew-0.01
20 Nov 2026Balanced skew
Call IV0.86
Put IV0.89
Skew0.03
15 Jan 2027Balanced skew
Call IV0.85
Put IV0.81
Skew-0.05
19 Feb 2027Balanced skew
Call IV0.81
Put IV0.80
Skew-0.02

Contract Tape

Most active contracts

Full contract tape
ContractEXK280121C00010000
SideCall
Expiry21 Jan 2028
Strike10.00
Volume2001
OI10618
IV0.80
ContractEXK281215C00017500
SideCall
Expiry15 Dec 2028
Strike17.50
Volume182
OI342
IV0.81
ContractEXK260821C00010000
SideCall
Expiry21 Aug 2026
Strike10.00
Volume133
OI7926
IV0.89
ContractEXK281215C00015000
SideCall
Expiry15 Dec 2028
Strike15.00
Volume102
OI148
IV0.81
ContractEXK270115P00004500
SidePut
Expiry15 Jan 2027
Strike4.50
Volume100
OI164
IV0.81
ContractEXK281215C00002500
SideCall
Expiry15 Dec 2028
Strike2.50
Volume100
OI16
IV0.96
ContractEXK261120C00007500
SideCall
Expiry20 Nov 2026
Strike7.50
Volume71
OI1346
IV0.82
ContractEXK260821C00007500
SideCall
Expiry21 Aug 2026
Strike7.50
Volume63
OI2163
IV0.81