Ticker Options Intelligence

UA options intelligence

Under Armour Inc C options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 43 Market data through 30 Jul 2026 Checked 31 Jul 2026 04:46 · complete available chain

Call-side pressure

Bullish pressure

UA currently carries bullish options pressure with a 43/100 conviction score. The nearest-chain expected move is 17.9%, with volume/open-interest participation at 0.00.

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

Call-side pressure

Expected move 17.9%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call 0.22

Call-side skew

Trend fit 1

Options are not fully confirming trend

Weekly backdrop -5.8%

RS 14.9

Expected move 17.9%
Put-call volume 0.22
Volume / OI 0.00
Reference IV 0.96
Max pain 5.00
Underlying 6.86
Nearest expiry 21 Aug 2026
Contracts 52

Research Brief

UA has a bullish chain read with 43/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 5.63–8.09; The largest call open-interest concentration is 7.50; the largest put concentration is 5.00. The most active strike by current volume is 7.50.

Priced range5.63–8.09
Call concentration7.50
Put concentration5.00
Max pain reference5.00
What would confirm it
  • Price holds or improves while call-side concentration remains elevated.
What would weaken it
  • 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

Size, not direction · through 21 Aug

Options imply 5.63 to 8.09. Max pain at 5.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
5.636.86 ± 1.238.09
Confirmation level

A close beyond 8.09 or below 5.63 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 43/100

Evidence alignment, not probability

Pressure is 74/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure74 × 42%
+31.2

How strongly activity leans toward calls or puts.

Participation8 × 22%
+1.8

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

Trend agreement1 × 26%
+0.2

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 score42.8Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 7.50; the largest put concentration is 5.00. The most active strike by current volume is 7.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
1
2.50-63.6%
1
22
5.00-27.1%
1053
6
7.509.3%
1123
0
10.0045.8%
73
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.90× front/back

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

0.96 21 Aug 22d
0.77 18 Sep 50d
0.63 16 Oct 78d
0.51 15 Jan 169d
0.51 21 Jan 540d

Volatility by Strike

Smile incomplete

Nearest expiry, within 20% of spot

There is not enough comparable OTM call and put volatility to classify the smile.

8
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

A97/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
30 Jul 2026
Calculation
v2.0
Contracts
52 / 52
  • 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

84/100
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 Bullish flow against weak price

Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $2870 of estimated gross traded notional, calls · 91+ days · itm, and a bullish flow against weak price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+74
1W price-5.8%
Call premium88%
Put premium12%
Notional split C 88% / P 12% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.00 Volume divided by open interest across the visible chain.
Trend fit 1/100 Agreement between options pressure and Sharemaestro market context.
Event window 7 Aug Matched earnings event is 7 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 Calls · 91+ days · ITM
Calls · 91+ days · ITM calls cluster with 4 contracts traded, $1485 estimated gross traded notional, and 52% of visible notional.
$1485
Calls · 91+ days · OTM calls cluster with 12 contracts traded, $990 estimated gross traded notional, and 34% of visible notional.
$990
Puts · 8-21 days · ITM puts cluster with 2 contracts traded, $215 estimated gross traded notional, and 7% of visible notional.
$215
Puts · 46-90 days · ITM puts cluster with 1 contracts traded, $118 estimated gross traded notional, and 4% of visible notional.
$118
Calls · 46-90 days · OTM calls cluster with 1 contracts traded, $32 estimated gross traded notional, and 1% of visible notional.
$32

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.

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Activity Anomaly

Warming up

-

2 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.

Baseline: 2 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close6.86
1W-5.8%
RS14.9
Fair value+4.6%
Options pressure74
Speculation8
Volatility96
Trend fit1

Today Versus Normal

Stored-options context

View history
Expected move 17.9% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 0.96 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 0.22 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.00 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:58 Volatility
Pressure 100
Move 14.9%
30 Jul 10:47 Volatility
Pressure 100
Move 14.9%
30 Jul 19:28 Bullish
Pressure 32
Move 18.2%
31 Jul 03:46 Bullish
Pressure 74
Move 17.9%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 1
Puts · V 0 · OI 1
Strike5.00
Calls · V 0 · OI 1053
Puts · V 0 · OI 22
Strike7.50
Calls · V 1 · OI 1123
Puts · V 2 · OI 6
Strike10.00
Calls · V 0 · OI 73
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts8
Avg IV0.96
Put-call2.00
Expiry18 Sep 2026
Contracts10
Avg IV0.77
Put-call-
Expiry16 Oct 2026
Contracts12
Avg IV0.63
Put-call-
Expiry15 Jan 2027
Contracts10
Avg IV0.51
Put-call-
Expiry21 Jan 2028
Contracts12
Avg IV0.51
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.64
Put IV0.63
Skew-0.01
18 Sep 2026Put IV premium
Call IV0.62
Put IV0.81
Skew0.20
16 Oct 2026Put IV premium
Call IV0.49
Put IV0.57
Skew0.08
15 Jan 2027Balanced skew
Call IV0.54
Put IV0.58
Skew0.04
21 Jan 2028Call IV premium
Call IV0.48
Put IV0.14
Skew-0.34

Contract Tape

Most active contracts

Full contract tape
ContractUA270115C00007500
SideCall
Expiry15 Jan 2027
Strike7.50
Volume12
OI4559
IV0.60
ContractUA280121C00005000
SideCall
Expiry21 Jan 2028
Strike5.00
Volume2
OI1628
IV0.63
ContractUA280121C00002500
SideCall
Expiry21 Jan 2028
Strike2.50
Volume2
OI606
IV0.82
ContractUA260821P00007500
SidePut
Expiry21 Aug 2026
Strike7.50
Volume2
OI6
IV0.84
ContractUA260821C00007500
SideCall
Expiry21 Aug 2026
Strike7.50
Volume1
OI1123
IV0.64
ContractUA261016C00007500
SideCall
Expiry16 Oct 2026
Strike7.50
Volume1
OI491
IV0.49
ContractUA260918P00007500
SidePut
Expiry18 Sep 2026
Strike7.50
Volume1
OI1
IV0.70
ContractUA260918P00005000
SidePut
Expiry18 Sep 2026
Strike5.00
Volume1
OI-
IV0.81