Ticker Options Intelligence

FWDI options intelligence

Forward Industries, Inc. options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 42 Market data through 31 Jul 2026 Checked 1 Aug 2026 11:57 · complete available chain

Call-side pressure

Bullish pressure

FWDI currently carries bullish options pressure with a 42/100 conviction score. The nearest-chain expected move is 29.2%, 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 Bullish

Call-side pressure

Expected move 29.2%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 0.23

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop +3.6%

RS -61.4

Expected move 29.2%
Put-call volume 0.23
Volume / OI 0.01
Reference IV 1.27
Max pain 5.00
Underlying 4.03
Nearest expiry 21 Aug 2026
Contracts 54

Research Brief

FWDI has a bullish chain read with 42/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 2.86–5.20; The largest call open-interest concentration is 20.00; the largest put concentration is 5.00. The most active strike by current volume is 5.00.

Priced range2.86–5.20
Call concentration20.00
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 2.86 to 5.20. Max pain at 5.00 sits inside that range, 24.1% above spot.

Spot Max pain
2.864.03 ± 1.175.20
Confirmation level

A close beyond 5.20 or below 2.86 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 42/100

Evidence alignment, not probability

Pressure is 72/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure72 × 42%
+30.4

How strongly activity leans toward calls or puts.

Participation8 × 22%
+1.8

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.

Volatility96 × 10%
+9.6

The intensity of implied volatility and the priced move.

Reconstructed score41.8Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 20.00; 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
24
2.50-38.0%
30
1917
5.0024.1%
1204
205
7.5086.1%
699
2
10.00148.1%
81
0
12.50210.2%
1
0
15.00272.2%
0
0
17.50334.2%
1
0
20.00396.3%
4346
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.26× front/back

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

1.27 21 Aug 21d
0.90 18 Sep 49d
1.33 20 Nov 112d
0.86 18 Dec 140d
1.00 19 Feb 203d

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

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
54 / 54
  • 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

87/100
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 confirms price

Options pressure and weekly price action are pointing in the same constructive direction.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $24275 of estimated gross traded notional, calls · 91+ days · itm, and a bullish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+72
1W price+3.6%
Call premium85%
Put premium15%
Notional split C 85% / P 15% 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 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 Calls · 91+ days · ITM
Calls · 91+ days · ITM calls cluster with 80 contracts traded, $14000 estimated gross traded notional, and 58% of visible notional.
$14000
Calls · 8-21 days · ITM calls cluster with 30 contracts traded, $4875 estimated gross traded notional, and 20% of visible notional.
$4875
Puts · 8-21 days · ITM puts cluster with 30 contracts traded, $3225 estimated gross traded notional, and 13% of visible notional.
$3225
Calls · 91+ days · OTM calls cluster with 22 contracts traded, $1740 estimated gross traded notional, and 7% of visible notional.
$1740
Puts · 91+ days · ITM puts cluster with 2 contracts traded, $335 estimated gross traded notional, and 1% of visible notional.
$335

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
Close4.03
1W+3.6%
RS-61.4
Fair value-42.7%
Options pressure72
Speculation8
Volatility96
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 29.2% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 1.27 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.23 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 11:35 Volatility
Pressure 100
Move 30.8%
30 Jul 11:15 Mixed
Pressure 4
Move 27.7%
31 Jul 05:43 Bullish
Pressure 35
Move 32.9%
31 Jul 07:19 Volatility
Pressure 100
Move 26.3%
31 Jul 13:59 Bullish
Pressure 54
Move 27.6%
1 Aug 10:57 Bullish
Pressure 72
Move 29.2%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 30 · OI 30
Puts · V 0 · OI 24
Strike5.00
Calls · V 10 · OI 1204
Puts · V 30 · OI 1917
Strike7.50
Calls · V 0 · OI 699
Puts · V 0 · OI 205
Strike10.00
Calls · V 0 · OI 81
Puts · V 0 · OI 2
Strike12.50
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike15.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike17.50
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike20.00
Calls · V 0 · OI 4346
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts16
Avg IV1.27
Put-call0.75
Expiry18 Sep 2026
Contracts6
Avg IV0.90
Put-call-
Expiry20 Nov 2026
Contracts8
Avg IV1.33
Put-call-
Expiry18 Dec 2026
Contracts16
Avg IV0.86
Put-call-
Expiry19 Feb 2027
Contracts8
Avg IV1.00
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.52
Put IV1.08
Skew0.56
18 Sep 2026Put IV premium
Call IV0.34
Put IV0.71
Skew0.37
20 Nov 2026Put IV premium
Call IV1.29
Put IV3.07
Skew1.78
18 Dec 2026Balanced skew
Call IV0.46
Put IV0.42
Skew-0.04
19 Feb 2027Call IV premium
Call IV1.30
Put IV0.36
Skew-0.95

Contract Tape

Most active contracts

Full contract tape
ContractFWDI270219C00002500
SideCall
Expiry19 Feb 2027
Strike2.50
Volume80
OI403
IV0.74
ContractFWDI260821P00005000
SidePut
Expiry21 Aug 2026
Strike5.00
Volume30
OI1917
IV1.00
ContractFWDI260821C00002500
SideCall
Expiry21 Aug 2026
Strike2.50
Volume30
OI30
IV1.76
ContractFWDI270219C00005000
SideCall
Expiry19 Feb 2027
Strike5.00
Volume21
OI546
IV0.91
ContractFWDI260821C00005000
SideCall
Expiry21 Aug 2026
Strike5.00
Volume10
OI1204
IV0.52
ContractFWDI261218P00005000
SidePut
Expiry18 Dec 2026
Strike5.00
Volume2
OI231
IV1.09
ContractFWDI270219C00007500
SideCall
Expiry19 Feb 2027
Strike7.50
Volume1
OI62
IV1.12
ContractFWDI260821C00020000
SideCall
Expiry21 Aug 2026
Strike20.00
Volume-
OI4346
IV2.64