Primary read
Volatility
Volatility expansion watch
Ticker Options Intelligence
GRAB options intelligence
Grab Holdings Ltd options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
47
Market data through 31 Jul 2026
Checked 3 Aug 2026 13:21 · complete available chain
Volatility expansion watch
Volatility pressure
GRAB currently carries volatility options pressure with a 47/100 conviction score. The nearest-chain expected move is 9.1%, with volume/open-interest participation at 0.01.
Expected move
9.1%
Wider near-term move priced
Activity / OI
0.01
Current volume is quieter versus prior open interest
Put-call
0.26
Call-side skew
Trend fit
0
Options are not fully confirming trend
Weekly backdrop
+5.7%
RS -30.1
Expected move
9.1%
Put-call volume
0.26
Volume / OI
0.01
Reference IV
1.88
Max pain
3.50
Underlying
3.50
Nearest expiry
7 Aug 2026
Contracts
316
Research Brief
GRAB has a volatility chain read with 47/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 3.18–3.82; The largest call open-interest concentration is 4.50; the largest put concentration is 3.50. The most active strike by current volume is 3.50.
Priced range3.18–3.82
Call concentration4.50
Put concentration3.50
Max pain reference3.50
- A clear directional pressure reading develops and price begins to agree.
- 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
Options imply 3.18 to 3.82. Max pain at 3.50 sits inside that range, 0.0% from spot.
Spot
Max pain
3.183.50 ± 0.323.82
Confirmation level
A close beyond 3.82 or below 3.18 at the 7 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 47/100
Pressure is 69/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure69 × 42%
+28.8
How strongly activity leans toward calls or puts.
Participation40 × 22%
+8.9
Volume relative to existing open interest and contract-level activity.
Trend agreement0 × 26%
+0.0
How closely the chain read agrees with the underlying trend backdrop.
Volatility93 × 10%
+9.3
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
The largest call open-interest concentration is 4.50; the largest put concentration is 3.50. The most active strike by current volume is 3.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
5
0.50-85.7%
177
4
1.00-71.4%
64
5
1.50-57.1%
144
22
2.00-42.9%
51
37
2.50-28.6%
3
1277
3.00-14.3%
554
2545
3.500.0%
1878
156
4.0014.3%
1927
8
4.5028.6%
2862
2
5.0042.9%
346
1
5.5057.1%
45
0
6.0071.4%
18
0
6.5085.7%
2
0
7.00100.0%
0
0
8.00128.6%
1
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Gamma Profile by Strike
Positive gamma proxy
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+$1.8MDelta change / 1% move
Positive peak7.00+$396,053
Negative peak3.50-$102,965
Nearest balance3.63Interpolated sign change
StrikeNegativePositiveNet / 1% move
0.50-85.7%
+$44
1.00-71.4%
+$75
1.50-57.1%
+$259
2.00-42.9%
-$315
2.50-28.6%
-$2,846
3.00-14.3%
-$66,136
3.500.0%
-$102,965
4.0014.3%
+$295,918
4.5028.6%
+$160,343
5.0042.9%
+$395,843
5.5057.1%
+$153,323
6.0071.4%
+$4,352
6.5085.7%
+$3
7.00100.0%
+$396,053
7.50114.3%
+$204,388
8.00128.6%
+$84
9.00157.1%
+$214
10.00185.7%
+$274,447
12.00242.9%
+$45,589
Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike
Scenario proxy = gamma × open interest × 100 shares × spot² × 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
Front-loaded volatility
Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.
1.88
7 Aug
7d
0.72
14 Aug
14d
0.59
21 Aug
21d
0.47
28 Aug
28d
1.01
4 Sep
35d
0.51
11 Sep
42d
0.63
18 Sep
49d
0.50
16 Oct
77d
Volatility by Strike
Upside optionality premium
Out-of-the-money calls carry higher implied volatility than comparable puts, indicating richer upside optionality.
3
4
4
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
Across 1 stored directional transitions, the next stored price moved in the labelled direction 100% of the time.
Directional follow-through100%
Moves contained by pricing0%
Average expiry move5.7%
30 Jul
Bullish · 39
5.7% through expiry
5.3% priced · 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
Usable with limits
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 316 / 316
- 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
Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.
Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $598,562 of estimated gross traded notional, calls · 91+ days · atm, 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+69
1W price+5.7%
Call premium87%
Put premium13%
Notional split
C 87% / P 13%
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
0/100
Agreement between options pressure and Sharemaestro market context.
Event window
3 Aug
Matched earnings event is 0 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Calls · 91+ days · ATM
calls cluster with 2611 contracts traded, $138,212 estimated gross traded notional, and 23% of visible notional.
$138,212
Calls · 8-21 days · ITM
calls cluster with 1234 contracts traded, $109,021 estimated gross traded notional, and 18% of visible notional.
$109,021
Calls · 91+ days · OTM
calls cluster with 3463 contracts traded, $69,676 estimated gross traded notional, and 12% of visible notional.
$69,676
Calls · 91+ days · ITM
calls cluster with 427 contracts traded, $50,008 estimated gross traded notional, and 8% of visible notional.
$50,008
Calls · 0-7 days · ATM
calls cluster with 3114 contracts traded, $49,824 estimated gross traded notional, and 8% of visible notional.
$49,824
Setup Classification
Opportunity and risk frame
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Options positioning is not confirming the underlying trend context.
Underlying price is close to the max-pain zone.
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
Close3.50
1W+5.7%
RS-30.1
Fair value-15.0%
Options pressure69
Speculation40
Volatility93
Trend fit0
Today Versus Normal
Stored-options context
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:22
Bullish
Pressure 32
Move 5.4%
30 Jul 10:19
Volatility
Pressure 87
Move 5.4%
30 Jul 15:23
Bullish
Pressure 58
Move 5.6%
30 Jul 15:46
Bullish
Pressure 58
Move 5.6%
30 Jul 19:42
Bullish
Pressure 40
Move 5.3%
31 Jul 13:42
Bullish
Pressure 39
Move 5.7%
31 Jul 15:27
Bullish
Pressure 38
Move 3.3%
31 Jul 16:10
Bullish
Pressure 59
Move 2.9%
Strike Map
Where activity is clustering
Strike0.50
Calls · V 21 · OI 177
Puts · V 0 · OI 5
Strike1.00
Calls · V 1 · OI 64
Puts · V 0 · OI 4
Strike1.50
Calls · V 0 · OI 144
Puts · V 0 · OI 5
Strike2.00
Calls · V 0 · OI 51
Puts · V 0 · OI 22
Strike2.50
Calls · V 4 · OI 3
Puts · V 0 · OI 37
Strike3.00
Calls · V 54 · OI 554
Puts · V 142 · OI 1277
Strike3.50
Calls · V 3114 · OI 1878
Puts · V 2743 · OI 2545
Strike4.00
Calls · V 1944 · OI 1927
Puts · V 6 · OI 156
Term Structure
Expiration activity
Expiry7 Aug 2026
Contracts30
Avg IV1.88
Put-call0.56
Expiry14 Aug 2026
Contracts30
Avg IV0.72
Put-call0.08
Expiry21 Aug 2026
Contracts28
Avg IV0.59
Put-call0.05
Expiry28 Aug 2026
Contracts32
Avg IV0.47
Put-call0.10
Expiry4 Sep 2026
Contracts28
Avg IV1.01
Put-call0.07
Skew
Call/put IV balance
7 Aug 2026Call IV premium
Call IV0.95
Put IV0.89
Skew-0.06
14 Aug 2026Balanced skew
Call IV0.73
Put IV0.71
Skew-0.02
21 Aug 2026Call IV premium
Call IV0.71
Put IV0.64
Skew-0.07
28 Aug 2026Balanced skew
Call IV0.61
Put IV0.64
Skew0.03
4 Sep 2026Balanced skew
Call IV0.63
Put IV0.61
Skew-0.02
Contract Tape
Most active contracts
ContractGRAB260807C00003500
SideCall
Expiry7 Aug 2026
Strike3.50
Volume3114
OI1878
IV0.82
ContractGRAB260807P00003500
SidePut
Expiry7 Aug 2026
Strike3.50
Volume2743
OI2545
IV0.83
ContractGRAB270115C00003500
SideCall
Expiry15 Jan 2027
Strike3.50
Volume2531
OI7888
IV0.52
ContractGRAB260807C00004000
SideCall
Expiry7 Aug 2026
Strike4.00
Volume1944
OI1927
IV0.95
ContractGRAB260821C00003000
SideCall
Expiry21 Aug 2026
Strike3.00
Volume994
OI1543
IV0.54
ContractGRAB270617C00010000
SideCall
Expiry17 Jun 2027
Strike10.00
Volume959
OI19975
IV0.66
ContractGRAB280121C00010000
SideCall
Expiry21 Jan 2028
Strike10.00
Volume840
OI52380
IV0.61
ContractGRAB280121P00002000
SidePut
Expiry21 Jan 2028
Strike2.00
Volume773
OI2116
IV0.61
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
Earnings
Plain English Guide
Options context
What usually looks constructive
What usually looks cautious
Options can move quickly and can lose value fast. Treat this as research context, not a buy or sell instruction.