Ticker Options Intelligence

XENE options intelligence

Xenon Pharmaceuticals Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 39 Market data through 29 Jul 2026 Checked 30 Jul 2026 03:44 · complete available chain

Options-market disagreement

Mixed pressure

XENE currently carries mixed options pressure with a 39/100 conviction score. The nearest-chain expected move is 10.9%, with volume/open-interest participation at 0.06.

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

Options-market disagreement

Expected move 10.9%

Wider near-term move priced

Activity / OI 0.06

Current volume is quieter versus prior open interest

Put-call 1.61

Put-side skew

Trend fit 83

Options agree with trend context

Weekly backdrop -4.2%

RS 28.4

Expected move 10.9%
Put-call volume 1.61
Volume / OI 0.06
Reference IV 0.48
Max pain 67.50
Underlying 65.42
Nearest expiry 21 Aug 2026
Contracts 364

Options Intent Radar

Earnings/event positioning

76/100
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: $89052 of estimated gross traded notional, puts · 22-45 days · otm, 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-14
1W price-4.2%
Call premium25%
Put premium75%
Notional split C 25% / P 75% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.06 Volume divided by open interest across the visible chain.
Trend fit 83/100 Agreement between options pressure and Sharemaestro market context.
Event window 10 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 · 22-45 days · OTM
Puts · 22-45 days · OTM puts cluster with 798 contracts traded, $65835 estimated gross traded notional, and 74% of visible notional.
$65835
Calls · 22-45 days · OTM calls cluster with 502 contracts traded, $22294 estimated gross traded notional, and 25% of visible notional.
$22294
Puts · 91+ days · OTM puts cluster with 15 contracts traded, $675 estimated gross traded notional, and 1% of visible notional.
$675
Calls · 46-90 days · OTM calls cluster with 3 contracts traded, $248 estimated gross traded notional, and 0% of visible notional.
$248

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

Above normal

67

Activity is running above the recent historical baseline.

Volume rank100th
Volume/OI rank100th
IV rank0th

Market Context

Underlying confirmation

Sharemaestro weekly
Close65.42
1W-4.2%
RS28.4
Fair value+57.8%
Options pressure-14
Speculation21
Volatility74
Trend fit83

Today Versus Normal

Stored-options context

View history
Expected move 10.9% muted
30d avg 13.3% · 1 read 0th
90d avg 13.3% · 1 read 0th
180d avg 13.3% · 1 read 0th
IV 0.48 muted
30d avg 0.62 · 1 read 0th
90d avg 0.62 · 1 read 0th
180d avg 0.62 · 1 read 0th
Put-call 1.61 elevated
30d avg 0.05 · 1 read 100th
90d avg 0.05 · 1 read 100th
180d avg 0.05 · 1 read 100th
Volume/OI 0.06 elevated
30d avg 0.02 · 1 read 100th
90d avg 0.02 · 1 read 100th
180d avg 0.02 · 1 read 100th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:39 Volatility
Pressure 100
Move 13.3%
30 Jul 02:44 Mixed
Pressure -14
Move 10.9%

Strike Map

Where activity is clustering

Full strike map
Strike30.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike32.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike35.00
Calls · V 0 · OI 3
Puts · V 0 · OI 0
Strike37.50
Calls · V 0 · OI 2
Puts · V 0 · OI 0
Strike40.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike42.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike45.00
Calls · V 0 · OI 3
Puts · V 0 · OI 0
Strike47.50
Calls · V 0 · OI 4
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts52
Avg IV0.48
Put-call1.59
Expiry18 Sep 2026
Contracts36
Avg IV0.55
Put-call-
Expiry16 Oct 2026
Contracts58
Avg IV0.52
Put-call-
Expiry18 Dec 2026
Contracts60
Avg IV0.52
Put-call-
Expiry15 Jan 2027
Contracts58
Avg IV0.52
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV1.15
Put IV0.42
Skew-0.72
18 Sep 2026Balanced skew
Call IV0.53
Put IV0.54
Skew0.01
16 Oct 2026Balanced skew
Call IV0.54
Put IV0.55
Skew0.01
18 Dec 2026Put IV premium
Call IV0.47
Put IV0.53
Skew0.06
15 Jan 2027Put IV premium
Call IV0.45
Put IV0.55
Skew0.10

Contract Tape

Most active contracts

Full contract tape
ContractXENE260821P00057500
SidePut
Expiry21 Aug 2026
Strike57.50
Volume798
OI2500
IV0.46
ContractXENE260821C00085000
SideCall
Expiry21 Aug 2026
Strike85.00
Volume223
OI3146
IV0.64
ContractXENE260821C00100000
SideCall
Expiry21 Aug 2026
Strike100.00
Volume193
OI2678
IV0.65
ContractXENE260821C00067500
SideCall
Expiry21 Aug 2026
Strike67.50
Volume66
OI27
IV0.60
ContractXENE261218P00035000
SidePut
Expiry18 Dec 2026
Strike35.00
Volume15
OI15
IV0.36
ContractXENE260821C00075000
SideCall
Expiry21 Aug 2026
Strike75.00
Volume10
OI1336
IV0.28
ContractXENE260821C00070000
SideCall
Expiry21 Aug 2026
Strike70.00
Volume10
OI278
IV0.17
ContractXENE261016C00090000
SideCall
Expiry16 Oct 2026
Strike90.00
Volume3
OI9282
IV0.56