Ticker Options Intelligence

NAVI options intelligence

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

Conviction 31 Market data through 31 Jul 2026 Checked 2 Aug 2026 13:33 · complete available chain

Call-side pressure

Bullish pressure

NAVI currently carries bullish options pressure with a 31/100 conviction score. The nearest-chain expected move is 14.7%, with volume/open-interest participation at 0.00.

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

Call-side pressure

Expected move 14.7%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call 0.50

Call-side skew

Trend fit 46

Options are not fully confirming trend

Weekly backdrop +1.9%

RS -22.2

Expected move 14.7%
Put-call volume 0.50
Volume / OI 0.00
Reference IV 0.61
Max pain 7.50
Underlying 8.39
Nearest expiry 21 Aug 2026
Contracts 64

Research Brief

NAVI has a bullish chain read with 31/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 7.16–9.62; The largest call open-interest concentration is 10.00; the largest put concentration is 5.00. The most active strike by current volume is 2.50.

Priced range7.16–9.62
Call concentration10.00
Put concentration5.00
Max pain reference7.50
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 7.16 to 9.62. Max pain at 7.50 sits inside that range, 10.6% below spot.

Spot Max pain
7.168.39 ± 1.239.62
Confirmation level

A close beyond 9.62 or below 7.16 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 31/100

Evidence alignment, not probability

Pressure is 21/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure21 × 42%
+9.0

How strongly activity leans toward calls or puts.

Participation6 × 22%
+1.3

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

Trend agreement46 × 26%
+12.0

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

Volatility83 × 10%
+8.3

The intensity of implied volatility and the priced move.

Reconstructed score30.5Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 10.00; the largest put concentration is 5.00. The most active strike by current volume is 2.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
2.50-70.2%
0
360
5.00-40.4%
0
210
7.50-10.6%
58
1
10.0019.2%
341
0
12.5049.0%
0
0
15.0078.8%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.38× front/back

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

0.61 21 Aug 21d
0.46 18 Sep 49d
0.44 16 Oct 77d
0.39 20 Nov 112d
0.45 15 Jan 168d

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.

8
10
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
64 / 64
  • 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

77/100
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 Bullish flow confirms price

Options pressure and weekly price action are pointing in the same constructive direction.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $1010 of estimated gross traded notional, calls · 91+ days · otm, and a bullish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+21
1W price+1.9%
Call premium54%
Put premium46%
Notional split C 54% / P 46% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.00 Volume divided by open interest across the visible chain.
Trend fit 46/100 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.
Conviction clusters Calls · 91+ days · OTM
Calls · 91+ days · OTM calls cluster with 12 contracts traded, $510 estimated gross traded notional, and 50% of visible notional.
$510
Puts · 91+ days · OTM puts cluster with 8 contracts traded, $460 estimated gross traded notional, and 46% of visible notional.
$460
Calls · 46-90 days · OTM calls cluster with 4 contracts traded, $40 estimated gross traded notional, and 4% 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.

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
Close8.39
1W+1.9%
RS-22.2
Fair value-30.4%
Options pressure21
Speculation6
Volatility83
Trend fit46

Today Versus Normal

Stored-options context

View history
Expected move 14.7% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.61 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.50 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.00 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 11:19 Volatility
Pressure 88
Move 14.1%
30 Jul 11:03 Volatility
Pressure 88
Move 17.9%
31 Jul 10:43 Volatility
Pressure -100
Move 16.4%
2 Aug 12:33 Bullish
Pressure 21
Move 14.7%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 360
Strike7.50
Calls · V 0 · OI 58
Puts · V 0 · OI 210
Strike10.00
Calls · V 0 · OI 341
Puts · V 0 · OI 1
Strike12.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike15.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts12
Avg IV0.61
Put-call-
Expiry18 Sep 2026
Contracts12
Avg IV0.46
Put-call-
Expiry16 Oct 2026
Contracts14
Avg IV0.44
Put-call-
Expiry20 Nov 2026
Contracts12
Avg IV0.39
Put-call-
Expiry15 Jan 2027
Contracts14
Avg IV0.45
Put-call0.67

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV0.39
Put IV0.28
Skew-0.11
18 Sep 2026Call IV premium
Call IV0.25
Put IV0.19
Skew-0.06
16 Oct 2026Put IV premium
Call IV0.20
Put IV0.46
Skew0.26
20 Nov 2026Put IV premium
Call IV0.16
Put IV0.49
Skew0.33
15 Jan 2027Put IV premium
Call IV0.41
Put IV0.47
Skew0.07

Contract Tape

Most active contracts

Full contract tape
ContractNAVI270115C00010000
SideCall
Expiry15 Jan 2027
Strike10.00
Volume12
OI85
IV0.41
ContractNAVI270115P00007500
SidePut
Expiry15 Jan 2027
Strike7.50
Volume8
OI11
IV0.47
ContractNAVI261016C00012500
SideCall
Expiry16 Oct 2026
Strike12.50
Volume4
OI174
IV0.40
ContractNAVI270115P00002500
SidePut
Expiry15 Jan 2027
Strike2.50
Volume-
OI1754
IV0.81
ContractNAVI270115P00005000
SidePut
Expiry15 Jan 2027
Strike5.00
Volume-
OI790
IV0.38
ContractNAVI261016P00005000
SidePut
Expiry16 Oct 2026
Strike5.00
Volume-
OI716
IV0.54
ContractNAVI261120P00005000
SidePut
Expiry20 Nov 2026
Strike5.00
Volume-
OI371
IV0.45
ContractNAVI260821P00005000
SidePut
Expiry21 Aug 2026
Strike5.00
Volume-
OI360
IV1.03