Ticker Options Intelligence

GALT options intelligence

Galectin Therapeutics Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 31 Market data through 31 Jul 2026 Checked 2 Aug 2026 08:06 · complete available chain

Options-market disagreement

Mixed pressure

GALT currently carries mixed options pressure with a 31/100 conviction score. The nearest-chain expected move is 24.6%, with volume/open-interest participation at 0.01.

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

Options-market disagreement

Expected move 24.6%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 1.02

Balanced tape

Trend fit 74

Options agree with trend context

Weekly backdrop -14.4%

RS -28.5

Expected move 24.6%
Put-call volume 1.02
Volume / OI 0.01
Reference IV 0.82
Max pain 5.00
Underlying 2.97
Nearest expiry 21 Aug 2026
Contracts 46

Research Brief

GALT has a mixed chain read with 31/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 2.24–3.70; The largest call open-interest concentration is 5.00; the largest put concentration is 5.00. The most active strike by current volume is 5.00.

Priced range2.24–3.70
Call concentration5.00
Put concentration5.00
Max pain reference5.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 2.24 to 3.70. Max pain at 5.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
2.242.97 ± 0.733.70
Confirmation level

A close beyond 3.70 or below 2.24 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 31/100

Evidence alignment, not probability

Pressure is 6/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure6 × 42%
+2.6

How strongly activity leans toward calls or puts.

Participation0 × 22%
+0.1

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

Trend agreement74 × 26%
+19.1

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 score31.4Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

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

Put open interestStrikeCall open interest
0
2.50-15.8%
81
594
5.0068.4%
2226
0
7.50152.5%
574
0
10.00236.7%
6
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Back-loaded volatility

0.69× front/back

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

0.82 21 Aug 21d
1.98 18 Sep 49d
1.49 16 Oct 77d
1.13 15 Jan 168d
1.18 21 Jan 539d

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.

3
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
31 Jul 2026
Calculation
v2.0
Contracts
46 / 46
  • 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

86/100
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: $13524 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+6
1W price-14.4%
Call premium28%
Put premium72%
Notional split C 28% / P 72% 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 74/100 Agreement between options pressure and Sharemaestro market context.
Event window 13 Aug Matched earnings event is 11 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 17 contracts traded, $5638 estimated gross traded notional, and 42% of visible notional.
$5638
Puts · 46-90 days · ITM puts cluster with 16 contracts traded, $3875 estimated gross traded notional, and 29% of visible notional.
$3875
Calls · 91+ days · ITM calls cluster with 14 contracts traded, $3115 estimated gross traded notional, and 23% of visible notional.
$3115
Calls · 8-21 days · OTM calls cluster with 25 contracts traded, $375 estimated gross traded notional, and 3% of visible notional.
$375
Puts · 8-21 days · OTM puts cluster with 15 contracts traded, $270 estimated gross traded notional, and 2% of visible notional.
$270

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

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
Close2.97
1W-14.4%
RS-28.5
Fair value+12.1%
Options pressure6
Speculation0
Volatility96
Trend fit74

Today Versus Normal

Stored-options context

View history
Expected move 24.6% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.82 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 1.02 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.01 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 11:42 Volatility
Pressure 82
Move 53.5%
30 Jul 11:20 Mixed
Pressure 4
Move 33.4%
31 Jul 13:26 Bearish
Pressure -21
Move 27.5%
31 Jul 17:01 Bullish
Pressure 39
Move 59.1%
31 Jul 17:43 Bullish
Pressure 39
Move 58.4%
1 Aug 05:12 Mixed
Pressure 6
Move 21.0%
2 Aug 07:06 Mixed
Pressure 6
Move 24.6%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 1 · OI 81
Puts · V 15 · OI 0
Strike5.00
Calls · V 25 · OI 2226
Puts · V 0 · OI 594
Strike7.50
Calls · V 0 · OI 574
Puts · V 0 · OI 0
Strike10.00
Calls · V 0 · OI 6
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts8
Avg IV0.82
Put-call0.58
Expiry18 Sep 2026
Contracts8
Avg IV1.98
Put-call-
Expiry16 Oct 2026
Contracts8
Avg IV1.49
Put-call1.67
Expiry15 Jan 2027
Contracts12
Avg IV1.13
Put-call5.00
Expiry21 Jan 2028
Contracts10
Avg IV1.18
Put-call0.86

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV1.11
Put IV0.49
Skew-0.61
18 Sep 2026Call IV premium
Call IV0.73
Put IV0.33
Skew-0.40
16 Oct 2026Call IV premium
Call IV2.17
Put IV0.27
Skew-1.90
15 Jan 2027Put IV premium
Call IV1.37
Put IV2.05
Skew0.68
21 Jan 2028Call IV premium
Call IV0.41
Put IV0.12
Skew-0.29

Contract Tape

Most active contracts

Full contract tape
ContractGALT260821C00005000
SideCall
Expiry21 Aug 2026
Strike5.00
Volume25
OI2226
IV1.11
ContractGALT260821P00002500
SidePut
Expiry21 Aug 2026
Strike2.50
Volume15
OI-
IV0.49
ContractGALT280121C00002500
SideCall
Expiry21 Jan 2028
Strike2.50
Volume14
OI979
IV1.78
ContractGALT280121P00005000
SidePut
Expiry21 Jan 2028
Strike5.00
Volume12
OI1769
IV1.69
ContractGALT261016P00005000
SidePut
Expiry16 Oct 2026
Strike5.00
Volume10
OI914
IV0.01
ContractGALT261016C00005000
SideCall
Expiry16 Oct 2026
Strike5.00
Volume6
OI1635
IV0.57
ContractGALT260918P00005000
SidePut
Expiry18 Sep 2026
Strike5.00
Volume6
OI-
IV4.02
ContractGALT270115P00005000
SidePut
Expiry15 Jan 2027
Strike5.00
Volume5
OI156
IV1.38