Ticker Options Intelligence

IRM options intelligence

Iron Mountain Incorporated options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 54 Market data through 31 Jul 2026 Checked 1 Aug 2026 19:36 · complete available chain

Volatility expansion watch

Volatility pressure

IRM currently carries volatility options pressure with a 54/100 conviction score. The nearest-chain expected move is 7.2%, with volume/open-interest participation at 0.08.

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

Volatility expansion watch

Expected move 7.2%

Wider near-term move priced

Activity / OI 0.08

Current volume is quieter versus prior open interest

Put-call 0.06

Call-side skew

Trend fit 14

Options are not fully confirming trend

Weekly backdrop -4.7%

RS 8.9

Expected move 7.2%
Put-call volume 0.06
Volume / OI 0.08
Reference IV 0.65
Max pain 121.00
Underlying 122.32
Nearest expiry 7 Aug 2026
Contracts 1040

Research Brief

IRM has a volatility chain read with 54/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 113.52–131.12; The largest call open-interest concentration is 126.00; the largest put concentration is 120.00. The most active strike by current volume is 130.00.

Priced range113.52–131.12
Call concentration126.00
Put concentration120.00
Max pain reference121.00
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.
  • 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 7 Aug

Options imply 113.52 to 131.12. Max pain at 121.00 sits inside that range, 1.1% below spot.

Spot Max pain
113.52122.32 ± 8.80131.12
Confirmation level

A close beyond 131.12 or below 113.52 at the 7 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 54/100

Evidence alignment, not probability

Pressure is 80/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure80 × 42%
+33.7

How strongly activity leans toward calls or puts.

Participation42 × 22%
+9.2

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

Trend agreement14 × 26%
+3.7

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

Volatility75 × 10%
+7.5

The intensity of implied volatility and the priced move.

Reconstructed score54.0Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 126.00; the largest put concentration is 120.00. The most active strike by current volume is 130.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
104.00-15.0%
0
2
105.00-14.2%
0
0
110.00-10.1%
9
0
115.00-6.0%
0
9
118.00-3.5%
0
2314
120.00-1.9%
3
10
121.00-1.1%
0
0
123.000.6%
521
0
124.001.4%
207
5
126.003.0%
3501
5
127.003.8%
2
0
128.004.6%
2
0
130.006.3%
56
0
131.007.1%
4
0
133.008.7%
123
0
135.0010.4%
2891
0
150.0022.6%
47
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.76× front/back

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

0.65 7 Aug 7d
0.51 14 Aug 14d
0.47 21 Aug 21d
0.44 28 Aug 28d
0.44 4 Sep 35d
0.42 11 Sep 42d
0.41 18 Sep 49d
0.38 16 Oct 77d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

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

100
102
105
107
109
112
114
116
118
121
123
125
128
130
132
134
137
139
141
144
146
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 31 Jul 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
1040 / 1040
  • 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

90/100
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: $929348 of estimated gross traded notional, calls · 0-7 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+80
1W price-4.7%
Call premium92%
Put premium8%
Notional split C 92% / P 8% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.08 Volume divided by open interest across the visible chain.
Trend fit 14/100 Agreement between options pressure and Sharemaestro market context.
Event window 5 Aug Matched earnings event is 3 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 · 0-7 days · OTM
Calls · 0-7 days · OTM calls cluster with 3058 contracts traded, $564925 estimated gross traded notional, and 61% of visible notional.
$564925
Calls · 0-7 days · ATM calls cluster with 304 contracts traded, $128120 estimated gross traded notional, and 14% of visible notional.
$128120
Calls · 46-90 days · ITM calls cluster with 77 contracts traded, $100825 estimated gross traded notional, and 11% of visible notional.
$100825
Puts · 0-7 days · ATM puts cluster with 117 contracts traded, $47610 estimated gross traded notional, and 5% of visible notional.
$47610
Calls · 91+ days · OTM calls cluster with 44 contracts traded, $21315 estimated gross traded notional, and 2% of visible notional.
$21315

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 Crowded strike risk

Underlying price is close to the max-pain zone.

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
Close122.32
1W-4.7%
RS8.9
Fair value+35.5%
Options pressure80
Speculation42
Volatility75
Trend fit14

Today Versus Normal

Stored-options context

View history
Expected move 7.2% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.65 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.06 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.08 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 10:12 Bearish
Pressure -27
Move 3.5%
30 Jul 10:07 Bullish
Pressure 31
Move 6.2%
31 Jul 07:19 Bearish
Pressure -82
Move 3.2%
1 Aug 18:36 Volatility
Pressure 80
Move 7.2%

Strike Map

Where activity is clustering

Full strike map
Strike70.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike75.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike80.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike85.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike90.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike95.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike100.00
Calls · V 0 · OI 0
Puts · V 0 · OI 3
Strike101.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry7 Aug 2026
Contracts118
Avg IV0.65
Put-call0.04
Expiry14 Aug 2026
Contracts118
Avg IV0.51
Put-call1.36
Expiry21 Aug 2026
Contracts106
Avg IV0.47
Put-call1.21
Expiry28 Aug 2026
Contracts102
Avg IV0.44
Put-call0.13
Expiry4 Sep 2026
Contracts88
Avg IV0.44
Put-call-

Skew

Call/put IV balance

OTM demand
7 Aug 2026Put IV premium
Call IV0.65
Put IV0.73
Skew0.08
14 Aug 2026Balanced skew
Call IV0.53
Put IV0.53
Skew-
21 Aug 2026Balanced skew
Call IV0.48
Put IV0.48
Skew-
28 Aug 2026Balanced skew
Call IV0.43
Put IV0.48
Skew0.05
4 Sep 2026Balanced skew
Call IV0.41
Put IV0.44
Skew0.03

Contract Tape

Most active contracts

Full contract tape
ContractIRM260807C00130000
SideCall
Expiry7 Aug 2026
Strike130.00
Volume1119
OI56
IV0.64
ContractIRM260807C00126000
SideCall
Expiry7 Aug 2026
Strike126.00
Volume962
OI3501
IV0.68
ContractIRM260807C00135000
SideCall
Expiry7 Aug 2026
Strike135.00
Volume961
OI2891
IV0.67
ContractIRM260807C00123000
SideCall
Expiry7 Aug 2026
Strike123.00
Volume213
OI521
IV0.70
ContractIRM260807C00124000
SideCall
Expiry7 Aug 2026
Strike124.00
Volume89
OI207
IV0.65
ContractIRM261016C00115000
SideCall
Expiry16 Oct 2026
Strike115.00
Volume74
OI67
IV0.38
ContractIRM260807P00120000
SidePut
Expiry7 Aug 2026
Strike120.00
Volume63
OI2314
IV0.63
ContractIRM260807P00124000
SidePut
Expiry7 Aug 2026
Strike124.00
Volume54
OI-
IV0.64