Ticker Options Intelligence

EVER options intelligence

EverQuote Inc Class A options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 54 Market data through 31 Jul 2026 Checked 31 Jul 2026 15:51 · complete available chain

Volatility expansion watch

Volatility pressure

EVER currently carries volatility options pressure with a 54/100 conviction score. The nearest-chain expected move is 20.0%, with volume/open-interest participation at 0.04.

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

Volatility expansion watch

Expected move 20.0%

Wider near-term move priced

Activity / OI 0.04

Current volume is quieter versus prior open interest

Put-call 0.24

Call-side skew

Trend fit 25

Options are not fully confirming trend

Weekly backdrop +0.7%

RS 7.1

Expected move 20.0%
Put-call volume 0.24
Volume / OI 0.04
Reference IV 1.09
Max pain 25.00
Underlying 25.04
Nearest expiry 21 Aug 2026
Contracts 53

Research Brief

EVER 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 20.04–30.04; The largest call open-interest concentration is 30.00; the largest put concentration is 12.50. The most active strike by current volume is 30.00.

Priced range20.04–30.04
Call concentration30.00
Put concentration12.50
Max pain reference25.00
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 21 Aug

Options imply 20.04 to 30.04. Max pain at 25.00 sits inside that range, 0.2% below spot.

Spot Max pain
20.0425.04 ± 5.0030.04
Confirmation level

A close beyond 30.04 or below 20.04 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 54/100

Evidence alignment, not probability

Pressure is 68/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure68 × 42%
+28.5

How strongly activity leans toward calls or puts.

Participation41 × 22%
+9.0

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

Trend agreement25 × 26%
+6.6

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 score53.8Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 30.00; the largest put concentration is 12.50. The most active strike by current volume is 30.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
503
12.50-50.1%
0
53
15.00-40.1%
1
1
17.50-30.1%
2
12
20.00-20.1%
11
290
22.50-10.1%
105
134
25.00-0.2%
200
1
30.0019.8%
808
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.45× front/back

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

1.09 21 Aug 21d
0.93 18 Sep 49d
0.86 18 Dec 140d
0.75 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.

23
25
30
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

A96/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
53 / 53
  • 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

89/100
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: $119882 of estimated gross traded notional, calls · 91+ days · itm, 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+68
1W price+0.7%
Call premium83%
Put premium17%
Notional split C 83% / P 17% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.04 Volume divided by open interest across the visible chain.
Trend fit 25/100 Agreement between options pressure and Sharemaestro market context.
Event window 3 Aug Matched earnings event is 2 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 · ITM
Calls · 91+ days · ITM calls cluster with 23 contracts traded, $24680 estimated gross traded notional, and 21% of visible notional.
$24680
Calls · 91+ days · ATM calls cluster with 45 contracts traded, $21825 estimated gross traded notional, and 18% of visible notional.
$21825
Calls · 46-90 days · ITM calls cluster with 25 contracts traded, $19160 estimated gross traded notional, and 16% of visible notional.
$19160
Puts · 91+ days · OTM puts cluster with 48 contracts traded, $13582 estimated gross traded notional, and 11% of visible notional.
$13582
Calls · 8-21 days · ITM calls cluster with 17 contracts traded, $8750 estimated gross traded notional, and 7% of visible notional.
$8750

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
Close25.22
1W+0.7%
RS7.1
Fair value+30.2%
Options pressure68
Speculation41
Volatility96
Trend fit25

Today Versus Normal

Stored-options context

View history
Expected move 20.0% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 1.09 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.24 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.04 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 11:20 Volatility
Pressure 100
Move 24.0%
30 Jul 11:04 Volatility
Pressure 85
Move 27.6%
30 Jul 17:18 Volatility
Pressure 61
Move 22.9%
31 Jul 09:26 Volatility
Pressure 100
Move 21.3%
31 Jul 14:51 Volatility
Pressure 68
Move 20.0%

Strike Map

Where activity is clustering

Full strike map
Strike12.50
Calls · V 0 · OI 0
Puts · V 0 · OI 503
Strike15.00
Calls · V 0 · OI 1
Puts · V 1 · OI 53
Strike17.50
Calls · V 2 · OI 2
Puts · V 0 · OI 1
Strike20.00
Calls · V 10 · OI 11
Puts · V 1 · OI 12
Strike22.50
Calls · V 5 · OI 105
Puts · V 1 · OI 290
Strike25.00
Calls · V 36 · OI 200
Puts · V 1 · OI 134
Strike30.00
Calls · V 84 · OI 808
Puts · V 0 · OI 1

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts13
Avg IV1.09
Put-call0.03
Expiry18 Sep 2026
Contracts20
Avg IV0.93
Put-call0.24
Expiry18 Dec 2026
Contracts17
Avg IV0.86
Put-call0.63
Expiry19 Mar 2027
Contracts3
Avg IV0.75
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV1.11
Put IV0.96
Skew-0.15
18 Sep 2026Call IV premium
Call IV0.84
Put IV0.00
Skew-0.84
18 Dec 2026Call IV premium
Call IV0.84
Put IV0.74
Skew-0.10
19 Mar 2027Incomplete skew
Call IV0.79
Put IV-
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractEVER260821P00012500
SidePut
Expiry21 Aug 2026
Strike12.50
Volume-
OI503
IV1.36
ContractEVER260918C00035000
SideCall
Expiry18 Sep 2026
Strike35.00
Volume-
OI21
IV1.02
ContractEVER270319C00025000
SideCall
Expiry19 Mar 2027
Strike25.00
Volume-
OI2
IV0.82
ContractEVER260821P00017500
SidePut
Expiry21 Aug 2026
Strike17.50
Volume-
OI1
IV1.20
ContractEVER270319P00035000
SidePut
Expiry19 Mar 2027
Strike35.00
Volume-
OI1
IV0.64
ContractEVER260821C00015000
SideCall
Expiry21 Aug 2026
Strike15.00
Volume-
OI1
IV2.11
ContractEVER260821P00030000
SidePut
Expiry21 Aug 2026
Strike30.00
Volume-
OI1
IV0.93
ContractEVER260918P00035000
SidePut
Expiry18 Sep 2026
Strike35.00
Volume-
OI-
IV0.00