Ticker Options Intelligence

RCI options intelligence

Rogers Communications Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 56 Market data through 12 Aug 2026 Checked 12 Aug 2026 17:00 · complete available chain

Volatility expansion watch

Volatility pressure

RCI currently carries volatility options pressure with a 56/100 conviction score. The nearest-chain expected move is 5.1%, with volume/open-interest participation at 0.19.

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

Volatility expansion watch

Expected move 5.1%

Near-term move context

Activity / OI 0.19

Current volume is quieter versus prior open interest

Put-call 3.78

Put-side skew

Trend fit 75

Options agree with trend context

Weekly backdrop +1.8%

RS -14.7

Expected move 5.1%
Put-call volume 3.78
Volume / OI 0.19
Reference IV 0.93
Max pain 35.00
Underlying 34.47
Nearest expiry 21 Aug 2026
Contracts 46

Research Brief

RCI has a volatility chain read with 56/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 32.72–36.22; The largest call open-interest concentration is 50.00; the largest put concentration is 30.00. The most active strike by current volume is 40.00.

Priced range32.72–36.22
Call concentration50.00
Put concentration30.00
Max pain reference35.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
  • The current chain read already agrees with the stored weekly trend context.
  • Participation is above the ticker's stored normal, which makes the read more noteworthy.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • 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 32.72 to 36.22. Max pain at 35.00 sits inside that range, 1.5% above spot.

Spot Max pain
32.7234.47 ± 1.7536.22
Confirmation level

A close beyond 36.22 or below 32.72 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 56/100

Evidence alignment, not probability

Pressure is 62/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure62 × 42%
+26.2

How strongly activity leans toward calls or puts.

Participation12 × 22%
+2.7

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

Trend agreement75 × 26%
+19.4

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

Volatility76 × 10%
+7.6

The intensity of implied volatility and the priced move.

Reconstructed score56.0Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 50.00; the largest put concentration is 30.00. The most active strike by current volume is 40.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
20.00-42.0%
0
679
25.00-27.5%
27
908
30.00-13.0%
10
51
35.001.5%
276
0
40.0016.0%
213
0
45.0030.5%
10
0
50.0045.1%
603
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Balanced gamma proxy

Model-estimated Greeks · 100% coverage

Call- and put-side gamma sensitivity is broadly balanced across the retained chain. Individual strike concentrations may still matter more than the chain-wide net.

Net profile+$15,991Delta change / 1% move
Positive peak40.00+$102,507
Negative peak30.00-$147,589
Nearest balance33.44Interpolated sign change
StrikeNegativePositiveNet / 1% move
20.00-42.0%
-$7
22.50-34.7%
-$15
25.00-27.5%
-$11,489
30.00-13.0%
-$147,589
35.001.5%
+$66,881
40.0016.0%
+$102,507
45.0030.5%
+$3,211
50.0045.1%
+$2,316
55.0059.6%
+$176
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

2.34× front/back

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

0.93 21 Aug 9d
0.69 18 Sep 37d
0.43 16 Oct 65d
0.40 15 Jan 156d

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.

30
35
40
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 matured · 0 directional

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

A96/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
12 Aug 2026
Calculation
v2.0
Contracts
46 / 46
  • 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

Volatility expansion bet

83/100
Primary intent Volatility expansion bet

The strongest message is movement risk: expected move and implied volatility are carrying more signal than 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

Volatility expansion bet matters because it connects the options headline to the actual evidence: $149,699 of estimated gross traded notional, puts · 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-62
1W price+1.8%
Call premium53%
Put premium47%
Notional split C 53% / P 47% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.19 Volume divided by open interest across the visible chain.
Trend fit 75/100 Agreement between options pressure and Sharemaestro market context.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Conviction clusters Puts · 91+ days · OTM
Puts · 91+ days · OTM puts cluster with 883 contracts traded, $55,155 estimated gross traded notional, and 37% of visible notional.
$55,155
Calls · 46-90 days · ITM calls cluster with 36 contracts traded, $49,370 estimated gross traded notional, and 33% of visible notional.
$49,370
Calls · 8-21 days · ITM calls cluster with 24 contracts traded, $19,890 estimated gross traded notional, and 13% of visible notional.
$19,890
Puts · 46-90 days · ITM puts cluster with 4 contracts traded, $4,824 estimated gross traded notional, and 3% of visible notional.
$4,824
Calls · 91+ days · ITM calls cluster with 5 contracts traded, $3,495 estimated gross traded notional, and 2% of visible notional.
$3,495

Setup Classification

Opportunity and risk frame

Context, not advice
Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

Activity Anomaly

High anomaly

97

Current options activity is unusually hot versus this ticker's stored history.

Baseline: 11 completed sessions

Volume rank100th
Volume/OI rank91th
IV rank100th

Market Context

Underlying confirmation

Sharemaestro weekly
Close34.47
1W+1.8%
RS-14.7
Fair value+0.3%
Options pressure-62
Speculation12
Volatility76
Trend fit75

Today Versus Normal

Stored-options context

View history
Expected move 5.1% near normal
30d avg 5.5% · 11 sessions 36th
90d avg - · 11/30 sessions -
180d avg - · 11/60 sessions -
IV 0.93 elevated
30d avg 0.40 · 11 sessions 100th
90d avg - · 11/30 sessions -
180d avg - · 11/60 sessions -
Put-call 3.78 near normal
30d avg 11.80 · 11 sessions 64th
90d avg - · 11/30 sessions -
180d avg - · 11/60 sessions -
Volume/OI 0.19 elevated
30d avg 0.06 · 11 sessions 91th
90d avg - · 11/30 sessions -
180d avg - · 11/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:19 Bullish
Pressure 69
Move 6.6%
30 Jul 10:14 Bullish
Pressure 94
Move 6.3%
30 Jul 15:03 Bullish
Pressure 24
Move 8.1%
30 Jul 15:38 Bullish
Pressure 24
Move 7.6%
30 Jul 19:56 Bullish
Pressure 64
Move 5.7%
2 Aug 04:55 Bearish
Pressure -78
Move 7.0%
4 Aug 10:04 Bullish
Pressure 39
Move 6.9%
5 Aug 10:12 Bearish
Pressure -92
Move 5.9%

Strike Map

Where activity is clustering

Full strike map
Strike20.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike25.00
Calls · V 14 · OI 27
Puts · V 1 · OI 679
Strike30.00
Calls · V 10 · OI 10
Puts · V 26 · OI 908
Strike35.00
Calls · V 10 · OI 276
Puts · V 11 · OI 51
Strike40.00
Calls · V 157 · OI 213
Puts · V 0 · OI 0
Strike45.00
Calls · V 3 · OI 10
Puts · V 0 · OI 0
Strike50.00
Calls · V 1 · OI 603
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts11
Avg IV0.93
Put-call0.19
Expiry18 Sep 2026
Contracts5
Avg IV0.69
Put-call127.00
Expiry16 Oct 2026
Contracts17
Avg IV0.43
Put-call0.87
Expiry15 Jan 2027
Contracts13
Avg IV0.40
Put-call23.68

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.35
Put IV0.52
Skew0.17
18 Sep 2026Put IV premium
Call IV0.26
Put IV0.73
Skew0.47
16 Oct 2026Balanced skew
Call IV0.31
Put IV0.33
Skew0.02
15 Jan 2027Put IV premium
Call IV0.28
Put IV0.36
Skew0.08

Contract Tape

Most active contracts

Full contract tape
ContractRCI261016P00020000
SidePut
Expiry16 Oct 2026
Strike20.00
Volume-
OI1
IV0.73
ContractRCI261016P00022500
SidePut
Expiry16 Oct 2026
Strike22.50
Volume-
OI1
IV0.79
ContractRCI260918C00030000
SideCall
Expiry18 Sep 2026
Strike30.00
Volume-
OI1
IV1.04
ContractRCI270115P00040000
SidePut
Expiry15 Jan 2027
Strike40.00
Volume-
OI1
IV0.55
ContractRCI260918P00025000
SidePut
Expiry18 Sep 2026
Strike25.00
Volume-
OI1
IV0.66
ContractRCI270115P00050000
SidePut
Expiry15 Jan 2027
Strike50.00
Volume-
OI-
IV0.74
ContractRCI261016C00022500
SideCall
Expiry16 Oct 2026
Strike22.50
Volume-
OI-
IV0.00
ContractRCI260821C00020000
SideCall
Expiry21 Aug 2026
Strike20.00
Volume-
OI-
IV0.00

Evidence context