GALT ยท saved analysis through 24 Sep 2026

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Ticker Options Intelligence

GALT options intelligence

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

Conviction 49 Market data through 24 Sep 2026 Checked 25 Sep 2026 07:24 ยท complete available chain

The reading ยท 2026-09-24

Call activity leads

Use with limits

Options balance does not yet confirm the saved weekly stock trend. Stock context: 2026-09-18.

What changed?

Changed from mixed to bullish pressure.

Compared with 23 Sep 2026.
Options balance
+93.9 pointsMixed โ†’ Bullish
Stock reference
-2.2%Between the two saved price references
Priced move
Not comparedExpiry changed or usable pricing is missing.

Price references

Unavailable through 2026-10-16

Option strikes do not match the stock price closely enough. Check the price reference and contract adjustments.

This describes the size of a priced move, not its direction or a guaranteed trading range.
Call concentration
5.00
Put concentration
2.50
Concentrations are reference levels, not proven support or resistance.

What to watch

Supports this reading

  • Price holds or improves while call-side concentration remains elevated.

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.
Completed-session reading ยท 2026-09-24
  • Older session: use this as a saved reading.
  • Option strikes do not match the stock price closely enough. Check the price reference and contract adjustments.
  • Activity totals cannot identify buyers, sellers or newly opened positions.
Primary read Bullish

Call-side pressure

Expected move -

Near-term move context

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call 0.06

Call-side skew

Trend fit 18

Options are not fully confirming trend

Weekly backdrop -0.5%

RS -5.9

Expected move -
Put-call volume 0.06
Volume / OI 0.00
Reference IV 1.23
Max pain 5.00
Underlying 3.96
Nearest expiry 16 Oct 2026
Contracts 42

The outcome record

What followed the dated readings?

Stock-price direction through expiry, using the first available weekly close on or just after expiry. These are not option-trade returns.

Recorded in advance

New readings are saved before their outcomes. A calculation change starts a separate record.

0 / 0

Non-overlapping directional readings followed through.

0 waiting for an outcome ยท 2 excluded by data or timing checks.

Too few independent outcomes to establish an edge.

Earlier saved readings

0 / 2

Non-overlapping directional readings followed through. 2 overlapping readings left out.

Always-up baseline: 50% ยท Always-down: 50%.

95% interval: 0โ€“66%.

This is a retrospective audit of saved versions, separate from the record collected in advance.

How to read this

The baselines use the same stocks and observation windows. They ask whether a simple up or down call did as well.

Removing overlapping windows reduces repeated counting. It does not make market observations fully independent.

The interval shows sampling uncertainty. Costs, execution and option selection are not tested here.

Priced Move

The priced move through expiry

Size, not direction

Option strikes do not match the stock price closely enough. Check the price reference and contract adjustments.

Score Construction

Evidence behind the reading

Evidence alignment, not probability

Pressure is 93/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure93 / 100
93

How strongly activity leans toward calls or puts.

Participation1 / 100
1

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

Trend agreement18 / 100
18

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

Volatility56 / 100
56

The intensity of implied volatility and the priced move.

Evidence alignment49/100A research score, not a probability

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 2.50. 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
1274
2.50-36.9%
90
902
5.0026.3%
2316
548
7.5089.4%
1207
0
10.00152.5%
656
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Positive gamma proxy

Reported Greeks ยท 97% coverage

Call-side gamma sensitivity outweighs the put-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.

Net profile+$11,667Delta change / 1% move
Positive peak5.00+$6,949
Negative peak3.50-$221
Nearest balance3.55Interpolated sign change
StrikeNegativePositiveNet / 1% move
2.50-36.9%
+$747
3.50-11.6%
-$221
5.0026.3%
+$6,949
7.5089.4%
+$3,192
10.00152.5%
+$617
12.50215.7%
+$383
Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike

Scenario proxy = gamma ร— open interest ร— 100 shares ร— spotยฒ ร— 1%. Calls are positive and puts negative by convention. Missing Greeks use a Black-Scholes estimate from stored IV with zero rate and dividend assumptions. Open interest does not reveal who is long or short, so this is not observed dealer positioning or a forecast.

Volatility Curve

Balanced volatility curve

0.94ร— front/back

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

1.23 16 Oct 22d
1.32 20 Nov 57d
0.80 15 Jan 113d
1.16 16 Apr 204d
1.30 21 Jan 484d

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.

Comparable strike volatility is unavailable.

Put IV Call IV

Historical Replay

How matured reads behaved through expiry

18 matured ยท 4 directional

Across 4 stored directional transitions, the next stored price moved in the labelled direction 25% of the time.

All saved readings ยท may overlap25%
Moves contained by pricing94%
Average absolute expiry move10.0%
17 Sep Mixed ยท 38 -0.5% through expiry 27.5% priced ยท v2.0
15 Sep Bullish ยท 43 -0.5% through expiry 33.1% priced ยท v2.0
11 Sep Mixed ยท 37 -0.5% through expiry 37.5% priced ยท v2.0
9 Sep Bullish ยท 42 -15.6% through expiry 23.3% priced ยท v2.0
4 Sep Volatility ยท 48 -15.6% through expiry 42.8% priced ยท v2.0
2 Sep Volatility ยท 50 -3.2% through expiry 31.3% priced ยท v2.0
31 Aug Volatility ยท 46 -3.2% through expiry 33.6% priced ยท v2.0
21 Aug Volatility ยท 52 5.7% through expiry 23.6% priced ยท v2.0
14 Aug Volatility ยท 51 7.0% through expiry 23.7% priced ยท v2.0
13 Aug Volatility ยท 47 6.7% through expiry 43.7% priced ยท v2.0
12 Aug Volatility ยท 53 6.7% through expiry 39.8% priced ยท v2.0
10 Aug Volatility ยท 50 6.7% through expiry 18.0% priced ยท v2.0

Eligible snapshots must have a dated market session, stored signal, and point-in-time market reference. Each observation uses one read per market session and the first stored weekly close on or immediately after expiry; its original calculation version is retained. It is an evidence audit, not an executable strategy or evidence of future performance.

Evidence Quality

Limited

D49/100
Retained chain100%
Implied volatility100%
Two-sided quotes17%
Open interest100%
Chain status
Complete available chain
Market date
24 Sep 2026
Calculation
v3.0
Contracts
42 / 42
  • This saved reading predates the latest completed session.
  • Usable two-sided bid/ask quotes are available for 17% of retained contracts.
  • Option strikes do not match the stock price closely enough. Check the price reference and contract adjustments.

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

Multi-expiry position-maintenance candidate

63/100
Primary intent Multi-expiry position-maintenance candidate

Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.

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

Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $1,288 of estimated gross traded notional, puts ยท 91+ days ยท 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+93
1W price-0.5%
Call premium60%
Put premium40%
Notional split C 60% / P 40% Estimated gross traded notional uses volume ร— contract multiplier ร— midpoint, or last price when no valid midpoint is available.
Freshness 0.00 Volume divided by open interest across the visible chain.
Trend fit 18/100 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. Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.
Conviction clusters Puts ยท 91+ days ยท ITM
Puts ยท 91+ days ยท ITM puts cluster with 2 contracts traded, $515 estimated gross traded notional, and 40% of visible notional.
$515
Calls ยท 91+ days ยท OTM calls cluster with 5 contracts traded, $312 estimated gross traded notional, and 24% of visible notional.
$312
Calls ยท 8-21 days ยท OTM calls cluster with 22 contracts traded, $310 estimated gross traded notional, and 24% of visible notional.
$310
Calls ยท 46-90 days ยท OTM calls cluster with 4 contracts traded, $150 estimated gross traded notional, and 12% of visible notional.
$150

Setup Classification

Opportunity and risk frame

Context, not advice
Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Warning Bullish pressure over fair value

Call pressure is building while the stock sits above Sharemaestro fair value.

Activity Anomaly

Quiet tape

14

Activity is muted versus this ticker's stored history.

Baseline: 22 completed sessions

Volume rank9th
Volume/OI rank9th
IV rank23th

Market Context

Underlying confirmation

Sharemaestro weekly
Close3.89
1W-0.5%
RS-5.9
Fair value+41.5%
Options pressure93
Speculation1
Volatility56
Trend fit18

Today Versus Normal

Stored-options context

View history
Expected move - history building
30d avg - ยท 7/10 sessions -
90d avg - ยท 20/30 sessions -
180d avg - ยท 20/60 sessions -
IV 1.23 history building
30d avg - ยท 9/10 sessions -
90d avg - ยท 22/30 sessions -
180d avg - ยท 22/60 sessions -
Put-call 0.06 history building
30d avg - ยท 9/10 sessions -
90d avg - ยท 22/30 sessions -
180d avg - ยท 22/60 sessions -
Volume/OI 0.00 history building
30d avg - ยท 9/10 sessions -
90d avg - ยท 22/30 sessions -
180d avg - ยท 22/60 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%
3 Aug 04:52 Mixed
Pressure 6
Move 24.6%
4 Aug 10:53 Bullish
Pressure 20
Move 42.1%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls ยท V 0 ยท OI 90
Puts ยท V 0 ยท OI 1274
Strike5.00
Calls ยท V 20 ยท OI 2316
Puts ยท V 0 ยท OI 902
Strike7.50
Calls ยท V 2 ยท OI 1207
Puts ยท V 0 ยท OI 548
Strike10.00
Calls ยท V 0 ยท OI 656
Puts ยท V 0 ยท OI 0

Term Structure

Expiration activity

Volume and IV
Expiry16 Oct 2026
Contracts8
Avg IV1.23
Put-call0.00
Expiry20 Nov 2026
Contracts6
Avg IV1.32
Put-call0.00
Expiry15 Jan 2027
Contracts12
Avg IV0.80
Put-call0.00
Expiry16 Apr 2027
Contracts6
Avg IV1.16
Put-call-
Expiry21 Jan 2028
Contracts10
Avg IV1.30
Put-call-

Skew

Call/put IV balance

OTM demand
16 Oct 2026Call IV premium
Call IV1.17
Put IV1.02
Skew-0.15
20 Nov 2026Put IV premium
Call IV1.31
Put IV1.98
Skew0.66
15 Jan 2027Call IV premium
Call IV1.51
Put IV0.16
Skew-1.35
16 Apr 2027Call IV premium
Call IV1.22
Put IV0.35
Skew-0.88
21 Jan 2028Put IV premium
Call IV0.41
Put IV1.52
Skew1.11

Contract Tape

Most active contracts

Full contract tape
ContractGALT261016C00005000
SideCall
Expiry16 Oct 2026
Strike5.00
Volume20
OI2316
IV1.17
ContractGALT270115C00005000
SideCall
Expiry15 Jan 2027
Strike5.00
Volume5
OI1082
IV1.07
ContractGALT261120C00005000
SideCall
Expiry20 Nov 2026
Strike5.00
Volume4
OI26
IV1.13
ContractGALT280121P00005000
SidePut
Expiry21 Jan 2028
Strike5.00
Volume2
OI2216
IV1.17
ContractGALT261016C00007500
SideCall
Expiry16 Oct 2026
Strike7.50
Volume2
OI1207
IV1.22
ContractGALT261016P00002500
SidePut
Expiry16 Oct 2026
Strike2.50
Volume-
OI1274
IV1.02
ContractGALT270115C00002500
SideCall
Expiry15 Jan 2027
Strike2.50
Volume-
OI1120
IV0.94
ContractGALT270115C00012500
SideCall
Expiry15 Jan 2027
Strike12.50
Volume-
OI1048
IV0.86

Evidence context