Ticker Options Intelligence

RVMD options intelligence

Revolution Medicines Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 64 Market data through 31 Jul 2026 Checked 2 Aug 2026 05:55 · complete available chain

Volatility expansion watch

Volatility pressure

RVMD currently carries volatility options pressure with a 64/100 conviction score. The nearest-chain expected move is 10.4%, with volume/open-interest participation at 0.02.

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

Volatility expansion watch

Expected move 10.4%

Wider near-term move priced

Activity / OI 0.02

Current volume is quieter versus prior open interest

Put-call 0.06

Call-side skew

Trend fit 29

Options are not fully confirming trend

Weekly backdrop -0.9%

RS 73.6

Expected move 10.4%
Put-call volume 0.06
Volume / OI 0.02
Reference IV 0.55
Max pain 170.00
Underlying 187.53
Nearest expiry 21 Aug 2026
Contracts 776

Research Brief

RVMD has a volatility chain read with 64/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 168.03–207.03; The largest call open-interest concentration is 160.00; the largest put concentration is 170.00. The most active strike by current volume is 185.00.

Priced range168.03–207.03
Call concentration160.00
Put concentration170.00
Max pain reference170.00
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 168.03 to 207.03. Max pain at 170.00 sits inside that range, 9.3% below spot.

Spot Max pain
168.03187.53 ± 19.50207.03
Confirmation level

A close beyond 207.03 or below 168.03 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 64/100

Evidence alignment, not probability

Pressure is 95/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure95 × 42%
+39.8

How strongly activity leans toward calls or puts.

Participation40 × 22%
+8.9

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

Trend agreement29 × 26%
+7.5

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

Volatility78 × 10%
+7.8

The intensity of implied volatility and the priced move.

Reconstructed score64.0Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 160.00; the largest put concentration is 170.00. The most active strike by current volume is 185.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
18
100.00-46.7%
1
3048
140.00-25.3%
1
120
150.00-20.0%
5
589
155.00-17.3%
12
170
160.00-14.7%
603
63
165.00-12.0%
46
3078
170.00-9.3%
52
101
175.00-6.7%
534
66
180.00-4.0%
152
72
185.00-1.3%
455
102
190.001.3%
512
13
195.004.0%
593
14
200.006.6%
367
2
210.0012.0%
99
1
220.0017.3%
299
0
250.0033.3%
176
0
280.0049.3%
31
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

1.02× front/back

Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.

0.55 21 Aug 21d
0.55 18 Sep 49d
0.53 16 Oct 77d
0.54 18 Dec 140d
0.54 15 Jan 168d
0.54 19 Mar 231d
0.53 21 May 294d
0.53 20 Aug 385d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

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

155
160
165
170
175
180
185
190
195
200
210
220
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

A100/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
776 / 776
  • 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 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: $3.0M of estimated gross traded notional, calls · 91+ 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+95
1W price-0.9%
Call premium98%
Put premium2%
Notional split C 98% / P 2% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.02 Volume divided by open interest across the visible chain.
Trend fit 29/100 Agreement between options pressure and Sharemaestro market context.
Event window 5 Aug Matched earnings event is 3 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 99 contracts traded, $1.1M estimated gross traded notional, and 37% of visible notional.
$1.1M
Calls · 91+ days · OTM calls cluster with 429 contracts traded, $841965 estimated gross traded notional, and 28% of visible notional.
$841965
Calls · 46-90 days · ATM calls cluster with 209 contracts traded, $366845 estimated gross traded notional, and 12% of visible notional.
$366845
Calls · 8-21 days · ATM calls cluster with 209 contracts traded, $227010 estimated gross traded notional, and 8% of visible notional.
$227010
Calls · 46-90 days · ITM calls cluster with 90 contracts traded, $226620 estimated gross traded notional, and 8% of visible notional.
$226620

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

-

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
Close187.53
1W-0.9%
RS73.6
Fair value+218.7%
Options pressure95
Speculation40
Volatility78
Trend fit29

Today Versus Normal

Stored-options context

View history
Expected move 10.4% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.55 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.06 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.02 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 10:13 Volatility
Pressure 41
Move 12.0%
30 Jul 10:10 Volatility
Pressure 46
Move 11.5%
30 Jul 17:12 Volatility
Pressure 17
Move 11.0%
31 Jul 11:44 Volatility
Pressure 68
Move 10.4%
31 Jul 19:36 Volatility
Pressure 24
Move 10.6%
1 Aug 08:43 Volatility
Pressure 95
Move 10.3%
2 Aug 04:55 Volatility
Pressure 95
Move 10.4%

Strike Map

Where activity is clustering

Full strike map
Strike100.00
Calls · V 0 · OI 1
Puts · V 0 · OI 18
Strike105.00
Calls · V 0 · OI 5
Puts · V 0 · OI 2
Strike110.00
Calls · V 0 · OI 0
Puts · V 1 · OI 11
Strike115.00
Calls · V 0 · OI 0
Puts · V 0 · OI 6
Strike120.00
Calls · V 0 · OI 0
Puts · V 0 · OI 11
Strike125.00
Calls · V 0 · OI 0
Puts · V 0 · OI 5
Strike130.00
Calls · V 0 · OI 4
Puts · V 0 · OI 12
Strike135.00
Calls · V 0 · OI 0
Puts · V 0 · OI 12

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts58
Avg IV0.55
Put-call0.06
Expiry18 Sep 2026
Contracts78
Avg IV0.55
Put-call0.05
Expiry16 Oct 2026
Contracts56
Avg IV0.53
Put-call0.00
Expiry18 Dec 2026
Contracts78
Avg IV0.54
Put-call0.00
Expiry15 Jan 2027
Contracts98
Avg IV0.54
Put-call0.09

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.54
Put IV0.58
Skew0.04
18 Sep 2026Balanced skew
Call IV0.52
Put IV0.53
Skew0.01
16 Oct 2026Balanced skew
Call IV0.50
Put IV0.53
Skew0.03
18 Dec 2026Balanced skew
Call IV0.51
Put IV0.54
Skew0.03
15 Jan 2027Balanced skew
Call IV0.52
Put IV0.55
Skew0.03

Contract Tape

Most active contracts

Full contract tape
ContractRVMD260821C00185000
SideCall
Expiry21 Aug 2026
Strike185.00
Volume200
OI455
IV0.53
ContractRVMD261016C00190000
SideCall
Expiry16 Oct 2026
Strike190.00
Volume200
OI201
IV0.53
ContractRVMD261218C00200000
SideCall
Expiry18 Dec 2026
Strike200.00
Volume200
OI68
IV0.53
ContractRVMD260918C00170000
SideCall
Expiry18 Sep 2026
Strike170.00
Volume63
OI232
IV0.52
ContractRVMD270115C00200000
SideCall
Expiry15 Jan 2027
Strike200.00
Volume55
OI1173
IV0.54
ContractRVMD270115C00240000
SideCall
Expiry15 Jan 2027
Strike240.00
Volume40
OI203
IV0.52
ContractRVMD260821C00180000
SideCall
Expiry21 Aug 2026
Strike180.00
Volume38
OI152
IV0.54
ContractRVMD270115C00260000
SideCall
Expiry15 Jan 2027
Strike260.00
Volume34
OI40
IV0.52

Research Graph

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