Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
AME options intelligence
Ametek Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
49
Market data through 3 Aug 2026
Checked 3 Aug 2026 22:30 · complete available chain
Call-side pressure
Bullish pressure
AME currently carries bullish options pressure with a 49/100 conviction score. The nearest-chain expected move is 6.5%, with volume/open-interest participation at 0.74.
Expected move
6.5%
Wider near-term move priced
Activity / OI
0.74
Current volume is elevated versus prior open interest
Put-call
0.51
Call-side skew
Trend fit
52
Options are not fully confirming trend
Weekly backdrop
-0.1%
RS 4.9
Expected move
6.5%
Put-call volume
0.51
Volume / OI
0.74
Reference IV
0.43
Max pain
230.00
Underlying
241.71
Nearest expiry
21 Aug 2026
Contracts
158
Research Brief
AME has a bullish chain read with 49/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 225.91–257.51; The largest call open-interest concentration is 240.00; the largest put concentration is 220.00. The most active strike by current volume is 230.00.
Priced range225.91–257.51
Call concentration240.00
Put concentration220.00
Max pain reference230.00
- Price holds or improves while call-side concentration remains elevated.
- 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
Options imply 225.91 to 257.51. Max pain at 230.00 sits inside that range, 4.8% below spot.
Spot
Max pain
225.91241.71 ± 15.80257.51
Confirmation level
A close beyond 257.51 or below 225.91 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 49/100
Pressure is 41/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure41 × 42%
+17.3
How strongly activity leans toward calls or puts.
Participation57 × 22%
+12.6
Volume relative to existing open interest and contract-level activity.
Trend agreement52 × 26%
+13.4
How closely the chain read agrees with the underlying trend backdrop.
Volatility56 × 10%
+5.6
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
The largest call open-interest concentration is 240.00; the largest put concentration is 220.00. The most active strike by current volume is 230.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
12
100.00-58.6%
0
4
150.00-37.9%
0
16
180.00-25.5%
7
10
185.00-23.5%
0
29
190.00-21.4%
1
19
195.00-19.3%
14
25
200.00-17.3%
8
52
210.00-13.1%
47
2338
220.00-9.0%
506
537
230.00-4.8%
668
170
240.00-0.7%
5912
69
250.003.4%
3640
0
260.007.6%
1427
0
270.0011.7%
383
0
280.0015.8%
20
0
290.0020.0%
168
1
300.0024.1%
46
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Gamma Profile by Strike
Positive gamma proxy
Call-side gamma sensitivity outweighs the put-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.
Net profile+$11.0MDelta change / 1% move
Positive peak240.00+$6.7M
Negative peak220.00-$1.2M
Nearest balance230.17Interpolated sign change
StrikeNegativePositiveNet / 1% move
160.00-33.8%
+$27
165.00-31.7%
-$536
170.00-29.7%
-$756
175.00-27.6%
-$4,116
180.00-25.5%
+$5,163
185.00-23.5%
-$2,317
190.00-21.4%
+$4,678
195.00-19.3%
-$1,088
200.00-17.3%
-$434
210.00-13.1%
-$22,168
220.00-9.0%
-$1.2M
230.00-4.8%
-$116,390
240.00-0.7%
+$6.7M
250.003.4%
+$3.7M
260.007.6%
+$1.4M
270.0011.7%
+$351,629
280.0015.8%
+$32,259
290.0020.0%
+$46,302
300.0024.1%
+$20,983
310.0028.3%
+$16,921
320.0032.4%
+$820
Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike
Scenario proxy = gamma × open interest × 100 shares × spot² × 1%. Calls are positive and puts negative by convention. Missing Greeks use a Black-Scholes estimate from stored IV with zero rate and dividend assumptions. Open interest does not reveal who is long or short, so this is not observed dealer positioning or a forecast.
Volatility Curve
Front-loaded volatility
Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.
0.43
21 Aug
18d
0.35
18 Sep
46d
0.35
20 Nov
109d
0.29
18 Dec
137d
0.33
19 Mar
228d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
195
200
210
220
230
240
250
260
270
280
290
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
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
- Auditable calculationoriginal version retained
- Independent entryone read per market session
- Point-in-time referencerequired at entry
- Matched expiry closereported only after maturity
Eligible snapshots must have a dated market session, stored signal, and point-in-time market reference. Each observation uses one read per market session and the first stored weekly close on or immediately after expiry; its original calculation version is retained. It is an evidence audit, not an executable strategy or evidence of future performance.
Evidence Quality
High
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 3 Aug 2026
- Calculation
- v2.0
- Contracts
- 158 / 158
- 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
Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.
Call-side pressure is building before a meaningful weekly price response.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $8.5M of estimated gross traded notional, calls · 46-90 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+41
1W price-0.1%
Call premium87%
Put premium13%
Notional split
C 87% / P 13%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.74
Volume divided by open interest across the visible chain.
Trend fit
52/100
Agreement between options pressure and Sharemaestro market context.
Event window
4 Aug
Matched earnings event is 0 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Calls · 46-90 days · OTM
calls cluster with 3795 contracts traded, $2.0M estimated gross traded notional, and 23% of visible notional.
$2.0M
Calls · 8-21 days · ATM
calls cluster with 1367 contracts traded, $1.4M estimated gross traded notional, and 16% of visible notional.
$1.4M
Calls · 46-90 days · ATM
calls cluster with 986 contracts traded, $1.3M estimated gross traded notional, and 15% of visible notional.
$1.3M
Calls · 8-21 days · OTM
calls cluster with 2689 contracts traded, $1.1M estimated gross traded notional, and 13% of visible notional.
$1.1M
Puts · 8-21 days · OTM
puts cluster with 4729 contracts traded, $1.0M estimated gross traded notional, and 12% of visible notional.
$1.0M
Setup Classification
Opportunity and risk frame
Participation is active enough to treat follow-through risk carefully.
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Call pressure is building while the stock sits above Sharemaestro fair value.
Activity Anomaly
Warming up
4 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 4 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close241.71
1W-0.1%
RS4.9
Fair value+32.0%
Options pressure41
Speculation57
Volatility56
Trend fit52
Today Versus Normal
Stored-options context
30d avg - · 4/10 sessions
-
90d avg - · 4/30 sessions
-
180d avg - · 4/60 sessions
-
30d avg - · 4/10 sessions
-
90d avg - · 4/30 sessions
-
180d avg - · 4/60 sessions
-
30d avg - · 4/10 sessions
-
90d avg - · 4/30 sessions
-
180d avg - · 4/60 sessions
-
30d avg - · 4/10 sessions
-
90d avg - · 4/30 sessions
-
180d avg - · 4/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:08
Bullish
Pressure 88
Move 7.4%
30 Jul 10:05
Bullish
Pressure 100
Move 7.3%
30 Jul 15:22
Bullish
Pressure 68
Move 7.5%
30 Jul 15:39
Bullish
Pressure 68
Move 7.5%
30 Jul 17:37
Bullish
Pressure 65
Move 7.3%
30 Jul 19:49
Bullish
Pressure 65
Move 7.0%
30 Jul 20:18
Bullish
Pressure 67
Move 7.4%
31 Jul 01:49
Bullish
Pressure 60
Move 7.4%
Strike Map
Where activity is clustering
Strike100.00
Calls · V 0 · OI 0
Puts · V 4 · OI 12
Strike105.00
Calls · V 0 · OI 0
Puts · V 1 · OI 1
Strike115.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike120.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike130.00
Calls · V 0 · OI 0
Puts · V 1 · OI 0
Strike140.00
Calls · V 0 · OI 0
Puts · V 1 · OI 0
Strike145.00
Calls · V 0 · OI 0
Puts · V 1 · OI 2
Strike150.00
Calls · V 0 · OI 0
Puts · V 10 · OI 4
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts38
Avg IV0.43
Put-call1.05
Expiry18 Sep 2026
Contracts34
Avg IV0.35
Put-call0.01
Expiry20 Nov 2026
Contracts43
Avg IV0.35
Put-call0.24
Expiry18 Dec 2026
Contracts34
Avg IV0.29
Put-call0.21
Expiry19 Mar 2027
Contracts9
Avg IV0.33
Put-call0.13
Skew
Call/put IV balance
21 Aug 2026Balanced skew
Call IV0.41
Put IV0.39
Skew-0.02
18 Sep 2026Balanced skew
Call IV0.32
Put IV0.34
Skew0.02
20 Nov 2026Balanced skew
Call IV0.35
Put IV0.35
Skew-0.01
18 Dec 2026Balanced skew
Call IV0.33
Put IV0.31
Skew-0.02
19 Mar 2027Call IV premium
Call IV0.34
Put IV0.29
Skew-0.06
Contract Tape
Most active contracts
ContractAME260918P00135000
SidePut
Expiry18 Sep 2026
Strike135.00
Volume-
OI44
IV0.94
ContractAME260918C00300000
SideCall
Expiry18 Sep 2026
Strike300.00
Volume-
OI40
IV0.48
ContractAME261218C00310000
SideCall
Expiry18 Dec 2026
Strike310.00
Volume-
OI30
IV0.36
ContractAME261218C00280000
SideCall
Expiry18 Dec 2026
Strike280.00
Volume-
OI13
IV0.35
ContractAME270319C00250000
SideCall
Expiry19 Mar 2027
Strike250.00
Volume-
OI5
IV0.34
ContractAME261218C00155000
SideCall
Expiry18 Dec 2026
Strike155.00
Volume-
OI5
IV0.55
ContractAME261218C00210000
SideCall
Expiry18 Dec 2026
Strike210.00
Volume-
OI4
IV0.40
ContractAME260918C00195000
SideCall
Expiry18 Sep 2026
Strike195.00
Volume-
OI3
IV0.57
Research Graph
Related research and context
Sharemaestro research
Related News
Market Watch
No recent market-watch posts yet.
Earnings
Plain English Guide
Options context
What usually looks constructive
What usually looks cautious
Options can move quickly and can lose value fast. Treat this as research context, not a buy or sell instruction.