Ticker Options Intelligence

CRI options intelligence

Carter’s Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 41 Market data through 31 Jul 2026 Checked 1 Aug 2026 02:58 · complete available chain

Put-side pressure

Bearish pressure

CRI currently carries bearish options pressure with a 41/100 conviction score. The nearest-chain expected move is 8.6%, with volume/open-interest participation at 0.02.

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

Put-side pressure

Expected move 8.6%

Wider near-term move priced

Activity / OI 0.02

Current volume is quieter versus prior open interest

Put-call 2.61

Put-side skew

Trend fit 56

Options are not fully confirming trend

Weekly backdrop -0.5%

RS 4.8

Expected move 8.6%
Put-call volume 2.61
Volume / OI 0.02
Reference IV 0.48
Max pain 37.50
Underlying 38.75
Nearest expiry 21 Aug 2026
Contracts 130

Research Brief

CRI has a bearish chain read with 41/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 35.43–42.07; The largest call open-interest concentration is 40.00; the largest put concentration is 37.50. The most active strike by current volume is 37.50.

Priced range35.43–42.07
Call concentration40.00
Put concentration37.50
Max pain reference37.50
What would confirm it
  • Price remains weak while put-side concentration persists.
What would weaken it
  • Price recovers while put pressure fades or reverses toward calls.
  • Options and the weekly trend are not yet giving the same message.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 35.43 to 42.07. Max pain at 37.50 sits inside that range, 3.2% below spot.

Spot Max pain
35.4338.75 ± 3.3242.07
Confirmation level

A close beyond 42.07 or below 35.43 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 41/100

Evidence alignment, not probability

Pressure is 38/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure38 × 42%
+15.8

How strongly activity leans toward calls or puts.

Participation16 × 22%
+3.6

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

Trend agreement56 × 26%
+14.5

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

Volatility68 × 10%
+6.8

The intensity of implied volatility and the priced move.

Reconstructed score40.7Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 40.00; the largest put concentration is 37.50. The most active strike by current volume is 37.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
3
22.50-41.9%
0
2
25.00-35.5%
0
0
27.50-29.0%
0
25
30.00-22.6%
0
22
32.50-16.1%
8
298
35.00-9.7%
0
325
37.50-3.2%
3
1
40.003.2%
57
0
42.509.7%
26
0
45.0016.1%
8
0
47.5022.6%
10
0
50.0029.0%
23
0
52.5035.5%
0
0
55.0041.9%
0
0
60.0054.8%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Back-loaded volatility

0.88× front/back

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

0.48 21 Aug 21d
0.49 18 Sep 49d
0.54 18 Dec 140d
0.54 19 Mar 231d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.

33
35
38
40
43
45
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

A100/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
130 / 130
  • 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

Put-heavy activity

66/100
Primary intent Put-heavy activity

Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.

Flow vs price divergence Bearish flow before price confirmation

Put-side pressure is present before a decisive weekly price breakdown.

Why this matters

Put-heavy activity matters because it connects the options headline to the actual evidence: $11258 of estimated gross traded notional, calls · 8-21 days · itm, and a bearish flow before price confirmation backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-38
1W price-0.5%
Call premium61%
Put premium39%
Notional split C 61% / P 39% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.02 Volume divided by open interest across the visible chain.
Trend fit 56/100 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.
Conviction clusters Calls · 8-21 days · ITM
Calls · 8-21 days · ITM calls cluster with 12 contracts traded, $5480 estimated gross traded notional, and 49% of visible notional.
$5480
Puts · 91+ days · OTM puts cluster with 8 contracts traded, $2010 estimated gross traded notional, and 18% of visible notional.
$2010
Puts · 8-21 days · OTM puts cluster with 33 contracts traded, $1960 estimated gross traded notional, and 17% of visible notional.
$1960
Calls · 91+ days · OTM calls cluster with 2 contracts traded, $1180 estimated gross traded notional, and 10% of visible notional.
$1180
Puts · 46-90 days · OTM puts cluster with 6 contracts traded, $375 estimated gross traded notional, and 3% of visible notional.
$375

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.

Warning Bearish pressure under fair value

Put pressure is building after the stock has already moved below fair value.

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
Close38.57
1W-0.5%
RS4.8
Fair value-19.1%
Options pressure-38
Speculation16
Volatility68
Trend fit56

Today Versus Normal

Stored-options context

View history
Expected move 8.6% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.48 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 2.61 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.02 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 11:07 Volatility
Pressure 100
Move 15.4%
30 Jul 10:55 Volatility
Pressure 100
Move 15.2%
31 Jul 13:02 Volatility
Pressure -70
Move 13.9%
1 Aug 01:58 Bearish
Pressure -38
Move 8.6%

Strike Map

Where activity is clustering

Full strike map
Strike22.50
Calls · V 0 · OI 0
Puts · V 0 · OI 3
Strike25.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike27.50
Calls · V 0 · OI 0
Puts · V 11 · OI 0
Strike30.00
Calls · V 0 · OI 0
Puts · V 3 · OI 25
Strike32.50
Calls · V 8 · OI 8
Puts · V 0 · OI 22
Strike35.00
Calls · V 0 · OI 0
Puts · V 11 · OI 298
Strike37.50
Calls · V 4 · OI 3
Puts · V 8 · OI 325
Strike40.00
Calls · V 1 · OI 57
Puts · V 0 · OI 1

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts30
Avg IV0.48
Put-call2.06
Expiry18 Sep 2026
Contracts36
Avg IV0.49
Put-call-
Expiry18 Dec 2026
Contracts36
Avg IV0.54
Put-call-
Expiry19 Mar 2027
Contracts28
Avg IV0.54
Put-call1.00

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.46
Put IV0.52
Skew0.06
18 Sep 2026Put IV premium
Call IV0.60
Put IV0.67
Skew0.07
18 Dec 2026Put IV premium
Call IV0.44
Put IV0.64
Skew0.20
19 Mar 2027Put IV premium
Call IV0.44
Put IV0.61
Skew0.17

Contract Tape

Most active contracts

Full contract tape
ContractCRI260821P00035000
SidePut
Expiry21 Aug 2026
Strike35.00
Volume11
OI298
IV0.52
ContractCRI260821P00027500
SidePut
Expiry21 Aug 2026
Strike27.50
Volume11
OI-
IV0.57
ContractCRI260821P00037500
SidePut
Expiry21 Aug 2026
Strike37.50
Volume8
OI325
IV0.54
ContractCRI260821C00032500
SideCall
Expiry21 Aug 2026
Strike32.50
Volume8
OI8
IV0.01
ContractCRI261218P00030000
SidePut
Expiry18 Dec 2026
Strike30.00
Volume6
OI35
IV0.62
ContractCRI260918P00030000
SidePut
Expiry18 Sep 2026
Strike30.00
Volume6
OI9
IV0.67
ContractCRI260821C00037500
SideCall
Expiry21 Aug 2026
Strike37.50
Volume4
OI3
IV0.35
ContractCRI260821P00030000
SidePut
Expiry21 Aug 2026
Strike30.00
Volume3
OI25
IV0.84