Ticker Options Intelligence

CNM options intelligence

Core & Main Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 50 Market data through 29 Jul 2026 Checked 30 Jul 2026 09:52 · complete available chain

Put-side pressure

Bearish pressure

CNM currently carries bearish options pressure with a 50/100 conviction score. The nearest-chain expected move is 9.1%, with volume/open-interest participation at 0.01.

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

Put-side pressure

Expected move 9.1%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 3.86

Put-side skew

Trend fit 84

Options agree with trend context

Weekly backdrop -3.6%

RS -23.5

Expected move 9.1%
Put-call volume 3.86
Volume / OI 0.01
Reference IV 0.33
Max pain 45.00
Underlying 43.62
Nearest expiry 21 Aug 2026
Contracts 246

Options Intent Radar

Put-heavy activity

75/100
Primary intent Put-heavy activity

Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.

Flow vs price divergence Bearish flow confirms price

Options pressure and weekly price action are both cautionary.

Why this matters

Put-heavy activity matters because it connects the options headline to the actual evidence: $26654 of estimated gross traded notional, puts · 91+ days · otm, and a bearish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-49
1W price-3.6%
Call premium44%
Put premium56%
Notional split C 44% / P 56% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.01 Volume divided by open interest across the visible chain.
Trend fit 84/100 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 51 contracts traded, $14462 estimated gross traded notional, and 54% of visible notional.
$14462
Calls · 91+ days · ITM calls cluster with 12 contracts traded, $10855 estimated gross traded notional, and 41% of visible notional.
$10855
Calls · 91+ days · OTM calls cluster with 1 contracts traded, $700 estimated gross traded notional, and 3% of visible notional.
$700
Puts · 46-90 days · OTM puts cluster with 3 contracts traded, $426 estimated gross traded notional, and 2% of visible notional.
$426
Calls · 22-45 days · ITM calls cluster with 1 contracts traded, $210 estimated gross traded notional, and 1% of visible notional.
$210

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 Event-risk setup

Expected move or upcoming earnings makes the setup more event-sensitive.

Activity Anomaly

Above normal

67

Activity is running above the recent historical baseline.

Volume rank100th
Volume/OI rank100th
IV rank0th

Market Context

Underlying confirmation

Sharemaestro weekly
Close43.62
1W-3.6%
RS-23.5
Fair value-10.8%
Options pressure-49
Speculation7
Volatility60
Trend fit84

Today Versus Normal

Stored-options context

View history
Expected move 9.1% muted
30d avg 9.2% · 1 read 0th
90d avg 9.2% · 1 read 0th
180d avg 9.2% · 1 read 0th
IV 0.33 muted
30d avg 0.38 · 1 read 0th
90d avg 0.38 · 1 read 0th
180d avg 0.38 · 1 read 0th
Put-call 3.86 elevated
30d avg 0.40 · 1 read 100th
90d avg 0.40 · 1 read 100th
180d avg 0.40 · 1 read 100th
Volume/OI 0.01 elevated
30d avg 0.00 · 1 read 100th
90d avg 0.00 · 1 read 100th
180d avg 0.00 · 1 read 100th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:28 Bullish
Pressure 52
Move 9.2%
30 Jul 08:52 Bearish
Pressure -49
Move 9.1%

Strike Map

Where activity is clustering

Full strike map
Strike30.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike32.50
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike35.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike37.50
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike40.00
Calls · V 0 · OI 0
Puts · V 0 · OI 6
Strike42.50
Calls · V 1 · OI 6
Puts · V 0 · OI 33
Strike45.00
Calls · V 0 · OI 210
Puts · V 0 · OI 409
Strike47.50
Calls · V 0 · OI 87
Puts · V 0 · OI 5

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts28
Avg IV0.33
Put-call-
Expiry18 Sep 2026
Contracts44
Avg IV0.41
Put-call-
Expiry18 Dec 2026
Contracts42
Avg IV0.46
Put-call-
Expiry15 Jan 2027
Contracts54
Avg IV0.44
Put-call51.00
Expiry19 Mar 2027
Contracts32
Avg IV0.43
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.11
Put IV0.12
Skew0.01
18 Sep 2026Put IV premium
Call IV0.48
Put IV0.75
Skew0.26
18 Dec 2026Balanced skew
Call IV0.43
Put IV0.44
Skew0.01
15 Jan 2027Balanced skew
Call IV0.43
Put IV0.46
Skew0.03
19 Mar 2027Balanced skew
Call IV0.42
Put IV0.39
Skew-0.04

Contract Tape

Most active contracts

Full contract tape
ContractCNM270115P00040000
SidePut
Expiry15 Jan 2027
Strike40.00
Volume50
OI55
IV0.38
ContractCNM280121C00042500
SideCall
Expiry21 Jan 2028
Strike42.50
Volume8
OI70
IV0.43
ContractCNM270319C00040000
SideCall
Expiry19 Mar 2027
Strike40.00
Volume3
OI18
IV0.43
ContractCNM260918P00035000
SidePut
Expiry18 Sep 2026
Strike35.00
Volume2
OI14
IV0.75
ContractCNM280121C00050000
SideCall
Expiry21 Jan 2028
Strike50.00
Volume1
OI88
IV0.43
ContractCNM260918P00037500
SidePut
Expiry18 Sep 2026
Strike37.50
Volume1
OI21
IV0.15
ContractCNM270115C00037500
SideCall
Expiry15 Jan 2027
Strike37.50
Volume1
OI8
IV0.48
ContractCNM260821C00042500
SideCall
Expiry21 Aug 2026
Strike42.50
Volume1
OI6
IV0.50