Ticker Options Intelligence

MANE options intelligence

Veradermics, Incorporated options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 50 Market data through 31 Jul 2026 Checked 2 Aug 2026 19:28 · complete available chain

Volatility expansion watch

Volatility pressure

MANE currently carries volatility options pressure with a 50/100 conviction score. The nearest-chain expected move is 24.1%, with volume/open-interest participation at 0.10.

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

Volatility expansion watch

Expected move 24.1%

Wider near-term move priced

Activity / OI 0.10

Current volume is quieter versus prior open interest

Put-call 2.56

Put-side skew

Trend fit 57

Options are not fully confirming trend

Weekly backdrop -4.1%

Sharemaestro weekly context

Expected move 24.1%
Put-call volume 2.56
Volume / OI 0.10
Reference IV 1.06
Max pain 115.00
Underlying 105.00
Nearest expiry 21 Aug 2026
Contracts 38

Research Brief

MANE has a volatility chain read with 50/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 79.65–130.35; The largest call open-interest concentration is 115.00; the largest put concentration is 110.00. The most active strike by current volume is 110.00.

Priced range79.65–130.35
Call concentration115.00
Put concentration110.00
Max pain reference115.00
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 79.65 to 130.35. Max pain at 115.00 sits inside that range, 9.5% above spot.

Spot Max pain
79.65105.00 ± 25.35130.35
Confirmation level

A close beyond 130.35 or below 79.65 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 50/100

Evidence alignment, not probability

Pressure is 56/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure56 × 42%
+23.4

How strongly activity leans toward calls or puts.

Participation10 × 22%
+2.3

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

Trend agreement57 × 26%
+14.9

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 score50.2Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 115.00; the largest put concentration is 110.00. The most active strike by current volume is 110.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
1
65.00-38.1%
0
1
75.00-28.6%
1
0
85.00-19.0%
1
72
90.00-14.3%
0
55
100.00-4.8%
0
95
105.000.0%
0
344
110.004.8%
0
0
115.009.5%
222
3
120.0014.3%
24
0
125.0019.0%
4
0
130.0023.8%
1
0
135.0028.6%
2
0
140.0033.3%
5
0
145.0038.1%
5
0
150.0042.9%
4
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.28× front/back

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

1.06 21 Aug 21d
1.06 18 Sep 49d
0.94 20 Nov 112d
0.83 19 Feb 203d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

Comparable upside calls and downside puts carry broadly similar implied volatility.

85
90
100
105
110
115
120
125
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

A94/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
38 / 38
  • 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

91/100
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: $120310 of estimated gross traded notional, puts · 46-90 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-56
1W price-4.1%
Call premium20%
Put premium80%
Notional split C 20% / P 80% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.10 Volume divided by open interest across the visible chain.
Trend fit 57/100 Agreement between options pressure and Sharemaestro market context.
Event window 11 Aug Matched earnings event is 8 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 · 46-90 days · ITM
Puts · 46-90 days · ITM puts cluster with 25 contracts traded, $47250 estimated gross traded notional, and 39% of visible notional.
$47250
Puts · 8-21 days · ITM puts cluster with 16 contracts traded, $21730 estimated gross traded notional, and 18% of visible notional.
$21730
Puts · 91+ days · OTM puts cluster with 6 contracts traded, $11090 estimated gross traded notional, and 9% of visible notional.
$11090
Calls · 46-90 days · OTM calls cluster with 9 contracts traded, $10575 estimated gross traded notional, and 9% of visible notional.
$10575
Puts · 8-21 days · OTM puts cluster with 15 contracts traded, $9300 estimated gross traded notional, and 8% of visible notional.
$9300

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
Close105.00
1W-4.1%
RS-
Fair value+25.9%
Options pressure-56
Speculation10
Volatility96
Trend fit57

Today Versus Normal

Stored-options context

View history
Expected move 24.1% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 1.06 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 2.56 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.10 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 10:43 Volatility
Pressure -99
Move 21.4%
30 Jul 10:39 Mixed
Pressure -12
Move 20.7%
31 Jul 10:25 Volatility
Pressure -93
Move 20.5%
2 Aug 12:58 Volatility
Pressure -100
Move 20.2%
2 Aug 18:28 Volatility
Pressure -56
Move 24.1%

Strike Map

Where activity is clustering

Full strike map
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike75.00
Calls · V 0 · OI 1
Puts · V 0 · OI 1
Strike85.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike90.00
Calls · V 0 · OI 0
Puts · V 6 · OI 72
Strike100.00
Calls · V 0 · OI 0
Puts · V 9 · OI 55
Strike105.00
Calls · V 0 · OI 0
Puts · V 6 · OI 95
Strike110.00
Calls · V 0 · OI 0
Puts · V 15 · OI 344
Strike115.00
Calls · V 9 · OI 222
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts17
Avg IV1.06
Put-call2.31
Expiry18 Sep 2026
Contracts8
Avg IV1.06
Put-call2.89
Expiry20 Nov 2026
Contracts5
Avg IV0.94
Put-call-
Expiry19 Feb 2027
Contracts8
Avg IV0.83
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV1.07
Put IV1.08
Skew0.01
18 Sep 2026Balanced skew
Call IV1.03
Put IV1.07
Skew0.05
20 Nov 2026Balanced skew
Call IV0.94
Put IV0.94
Skew0.00
19 Feb 2027Balanced skew
Call IV0.84
Put IV0.82
Skew-0.02

Contract Tape

Most active contracts

Full contract tape
ContractMANE260918P00115000
SidePut
Expiry18 Sep 2026
Strike115.00
Volume-
OI10
IV1.07
ContractMANE261120P00085000
SidePut
Expiry20 Nov 2026
Strike85.00
Volume-
OI5
IV0.94
ContractMANE270219P00065000
SidePut
Expiry19 Feb 2027
Strike65.00
Volume-
OI3
IV0.81
ContractMANE270219P00060000
SidePut
Expiry19 Feb 2027
Strike60.00
Volume-
OI3
IV0.83
ContractMANE260821C00135000
SideCall
Expiry21 Aug 2026
Strike135.00
Volume-
OI2
IV1.07
ContractMANE260918P00090000
SidePut
Expiry18 Sep 2026
Strike90.00
Volume-
OI2
IV1.07
ContractMANE260918C00165000
SideCall
Expiry18 Sep 2026
Strike165.00
Volume-
OI2
IV1.07
ContractMANE270219C00150000
SideCall
Expiry19 Feb 2027
Strike150.00
Volume-
OI2
IV0.84