Ticker Options Intelligence

NSSC options intelligence

NAPCO Security Technologies Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 27 Market data through 31 Jul 2026 Checked 2 Aug 2026 13:18 · complete available chain

Options-market disagreement

Mixed pressure

NSSC currently carries mixed options pressure with a 27/100 conviction score. The nearest-chain expected move is 11.1%, with volume/open-interest participation at 0.18.

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

Options-market disagreement

Expected move 11.1%

Wider near-term move priced

Activity / OI 0.18

Current volume is quieter versus prior open interest

Put-call 1.00

Balanced tape

Trend fit 53

Options are not fully confirming trend

Weekly backdrop +3.7%

RS -15.1

Expected move 11.1%
Put-call volume 1.00
Volume / OI 0.18
Reference IV 0.46
Max pain 35.00
Underlying 37.08
Nearest expiry 21 Aug 2026
Contracts 23

Research Brief

NSSC has a mixed chain read with 27/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 32.96–41.20; The largest call open-interest concentration is 40.00; the largest put concentration is 35.00. The most active strike by current volume is 35.00.

Priced range32.96–41.20
Call concentration40.00
Put concentration35.00
Max pain reference35.00
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.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 32.96 to 41.20. Max pain at 35.00 sits inside that range, 5.6% below spot.

Spot Max pain
32.9637.08 ± 4.1241.20
Confirmation level

A close beyond 41.20 or below 32.96 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 27/100

Evidence alignment, not probability

Pressure is 9/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure9 × 42%
+3.8

How strongly activity leans toward calls or puts.

Participation12 × 22%
+2.7

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

Trend agreement53 × 26%
+13.8

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

Volatility72 × 10%
+7.2

The intensity of implied volatility and the priced move.

Reconstructed score27.5Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 40.00; the largest put concentration is 35.00. The most active strike by current volume is 35.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
4
35.00-5.6%
0
0
40.007.9%
16
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Positive gamma proxy

Model-estimated Greeks · 100% coverage

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+$10,444Delta change / 1% move
Positive peak40.00+$9,715
Negative peak35.00-$888
Nearest balance35.42Interpolated sign change
StrikeNegativePositiveNet / 1% move
25.00-32.6%
+$34
30.00-19.1%
-$749
35.00-5.6%
-$888
40.007.9%
+$9,715
45.0021.4%
+$1,104
50.0034.8%
+$1,068
55.0048.3%
+$161
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

Back-loaded volatility

0.77× front/back

Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.

0.46 21 Aug 21d
0.54 18 Sep 49d
0.52 18 Dec 140d
0.60 19 Mar 231d

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.

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

Usable with limits

C69/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
23 / 23
  • 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

74/100
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 No clean flow/price divergence

The options read is mixed, so divergence is not strong enough to classify.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $18,987 of estimated gross traded notional, puts · 91+ days · itm, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+9
1W price+3.7%
Call premium34%
Put premium66%
Notional split C 34% / P 66% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.18 Volume divided by open interest across the visible chain.
Trend fit 53/100 Agreement between options pressure and Sharemaestro market context.
Event window 24 Aug Matched earnings event is 20 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 Puts · 91+ days · ITM
Puts · 91+ days · ITM puts cluster with 10 contracts traded, $7,350 estimated gross traded notional, and 39% of visible notional.
$7,350
Calls · 46-90 days · ITM calls cluster with 5 contracts traded, $3,602 estimated gross traded notional, and 19% of visible notional.
$3,602
Puts · 46-90 days · OTM puts cluster with 7 contracts traded, $1,890 estimated gross traded notional, and 10% of visible notional.
$1,890
Calls · 46-90 days · OTM calls cluster with 14 contracts traded, $1,736 estimated gross traded notional, and 9% of visible notional.
$1,736
Puts · 46-90 days · ITM puts cluster with 2 contracts traded, $1,644 estimated gross traded notional, and 9% of visible notional.
$1,644

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
Close37.08
1W+3.7%
RS-15.1
Fair value+2.6%
Options pressure9
Speculation12
Volatility72
Trend fit53

Today Versus Normal

Stored-options context

View history
Expected move 11.1% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.46 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 1.00 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.18 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 11:09 Bullish
Pressure 100
Move 7.4%
30 Jul 10:56 Bullish
Pressure 100
Move 7.4%
30 Jul 14:03 Bullish
Pressure 25
Move 16.9%
31 Jul 08:01 Mixed
Pressure 8
Move 9.7%
31 Jul 15:58 Bullish
Pressure 25
Move 13.3%
31 Jul 21:40 Mixed
Pressure 9
Move 10.6%
2 Aug 00:42 Bullish
Pressure 100
Move 7.2%
2 Aug 12:18 Mixed
Pressure 9
Move 11.1%

Strike Map

Where activity is clustering

Full strike map
Strike35.00
Calls · V 0 · OI 0
Puts · V 2 · OI 4
Strike40.00
Calls · V 2 · OI 16
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts2
Avg IV0.46
Put-call1.00
Expiry18 Sep 2026
Contracts10
Avg IV0.54
Put-call0.47
Expiry18 Dec 2026
Contracts9
Avg IV0.52
Put-call2.67
Expiry19 Mar 2027
Contracts2
Avg IV0.60
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.35
Put IV0.58
Skew0.23
18 Sep 2026Call IV premium
Call IV0.70
Put IV0.03
Skew-0.67
18 Dec 2026Call IV premium
Call IV0.63
Put IV0.53
Skew-0.10
19 Mar 2027Incomplete skew
Call IV-
Put IV0.66
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractNSSC261218C00035000
SideCall
Expiry18 Dec 2026
Strike35.00
Volume-
OI1
IV0.64
ContractNSSC270319P00035000
SidePut
Expiry19 Mar 2027
Strike35.00
Volume-
OI1
IV0.66
ContractNSSC270319P00030000
SidePut
Expiry19 Mar 2027
Strike30.00
Volume-
OI1
IV0.54
ContractNSSC261218C00030000
SideCall
Expiry18 Dec 2026
Strike30.00
Volume-
OI-
IV0.00
ContractNSSC260918P00030000
SidePut
Expiry18 Sep 2026
Strike30.00
Volume-
OI-
IV0.13
ContractNSSC260918C00040000
SideCall
Expiry18 Sep 2026
Strike40.00
Volume10
OI128
IV0.70
ContractNSSC261218P00040000
SidePut
Expiry18 Dec 2026
Strike40.00
Volume10
OI11
IV0.61
ContractNSSC260918P00035000
SidePut
Expiry18 Sep 2026
Strike35.00
Volume7
OI-
IV0.03