Ticker Options Intelligence

EXP options intelligence

Eagle Materials Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 31 Market data through 30 Jul 2026 Checked 31 Jul 2026 13:38 · complete available chain

Call-side pressure

Bullish pressure

EXP currently carries bullish options pressure with a 31/100 conviction score. The nearest-chain expected move is 7.4%, with volume/open-interest participation at 0.00.

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

Call-side pressure

Expected move 7.4%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call 0.67

Call-side skew

Trend fit 43

Options are not fully confirming trend

Weekly backdrop +3.7%

RS -8.9

Expected move 7.4%
Put-call volume 0.67
Volume / OI 0.00
Reference IV 0.35
Max pain 220.00
Underlying 213.55
Nearest expiry 21 Aug 2026
Contracts 310

Research Brief

EXP has a bullish chain read with 31/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 197.65–229.45; The largest call open-interest concentration is 220.00; the largest put concentration is 220.00. The most active strike by current volume is 140.00.

Priced range197.65–229.45
Call concentration220.00
Put concentration220.00
Max pain reference220.00
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.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 197.65 to 229.45. Max pain at 220.00 sits inside that range, 3.0% above spot.

Spot Max pain
197.65213.55 ± 15.90229.45
Confirmation level

A close beyond 229.45 or below 197.65 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 31/100

Evidence alignment, not probability

Pressure is 31/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure31 × 42%
+13.0

How strongly activity leans toward calls or puts.

Participation8 × 22%
+1.8

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

Trend agreement43 × 26%
+11.1

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

Volatility54 × 10%
+5.4

The intensity of implied volatility and the priced move.

Reconstructed score31.2Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 220.00; the largest put concentration is 220.00. The most active strike by current volume is 140.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
140.00-34.4%
0
0
145.00-32.1%
0
0
150.00-29.8%
1
0
155.00-27.4%
0
1
170.00-20.4%
0
5
180.00-15.7%
0
14
185.00-13.4%
2
11
190.00-11.0%
1
4
195.00-8.7%
0
28
200.00-6.3%
1
22
210.00-1.7%
8
138
220.003.0%
772
0
230.007.7%
8
0
240.0012.4%
351
0
250.0017.1%
767
0
260.0021.8%
357
0
270.0026.4%
1
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

0.91× front/back

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

0.35 21 Aug 22d
0.37 18 Sep 50d
0.38 16 Oct 78d
0.39 20 Nov 113d
0.38 15 Jan 169d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

Comparable upside calls and downside puts carry broadly similar implied volatility.

175
180
185
190
195
200
210
220
230
240
250
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

Usable with limits

C69/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
30 Jul 2026
Calculation
v2.0
Contracts
310 / 310
  • 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

69/100
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: $6330 of estimated gross traded notional, calls · 91+ days · otm, 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+31
1W price+3.7%
Call premium57%
Put premium43%
Notional split C 57% / P 43% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.00 Volume divided by open interest across the visible chain.
Trend fit 43/100 Agreement between options pressure and Sharemaestro market context.
Event window 4 Aug Matched earnings event is 3 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 · OTM
Calls · 91+ days · OTM calls cluster with 2 contracts traded, $2610 estimated gross traded notional, and 41% of visible notional.
$2610
Puts · 46-90 days · ITM puts cluster with 1 contracts traded, $1910 estimated gross traded notional, and 30% of visible notional.
$1910
Calls · 46-90 days · ATM calls cluster with 1 contracts traded, $1005 estimated gross traded notional, and 16% of visible notional.
$1005
Puts · 46-90 days · OTM puts cluster with 1 contracts traded, $805 estimated gross traded notional, and 13% of visible notional.
$805

Setup Classification

Opportunity and risk frame

Context, not advice
Warning Event-risk setup

Expected move or upcoming earnings makes the setup more event-sensitive.

Activity Anomaly

Warming up

-

2 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.

Baseline: 2 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close213.55
1W+3.7%
RS-8.9
Fair value-4.8%
Options pressure31
Speculation8
Volatility54
Trend fit43

Today Versus Normal

Stored-options context

View history
Expected move 7.4% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 0.35 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 0.67 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.00 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:34 Volatility
Pressure -71
Move 10.8%
30 Jul 10:32 Bearish
Pressure -66
Move 7.7%
31 Jul 12:38 Bullish
Pressure 31
Move 7.4%

Strike Map

Where activity is clustering

Full strike map
Strike140.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike145.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike150.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike155.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike160.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike165.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike170.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike175.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts52
Avg IV0.35
Put-call-
Expiry18 Sep 2026
Contracts50
Avg IV0.37
Put-call2.00
Expiry16 Oct 2026
Contracts68
Avg IV0.38
Put-call-
Expiry20 Nov 2026
Contracts72
Avg IV0.39
Put-call-
Expiry15 Jan 2027
Contracts68
Avg IV0.38
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.39
Put IV0.39
Skew-
18 Sep 2026Balanced skew
Call IV0.36
Put IV0.39
Skew0.03
16 Oct 2026Balanced skew
Call IV0.37
Put IV0.40
Skew0.03
20 Nov 2026Balanced skew
Call IV0.38
Put IV0.40
Skew0.02
15 Jan 2027Balanced skew
Call IV0.37
Put IV0.39
Skew0.02

Contract Tape

Most active contracts

Full contract tape
ContractEXP261120C00220000
SideCall
Expiry20 Nov 2026
Strike220.00
Volume2
OI13
IV0.40
ContractEXP260918P00200000
SidePut
Expiry18 Sep 2026
Strike200.00
Volume1
OI3
IV0.37
ContractEXP260918C00210000
SideCall
Expiry18 Sep 2026
Strike210.00
Volume1
OI1
IV0.39
ContractEXP260918P00220000
SidePut
Expiry18 Sep 2026
Strike220.00
Volume1
OI1
IV0.36
ContractEXP261120C00160000
SideCall
Expiry20 Nov 2026
Strike160.00
Volume-
OI1891
IV0.45
ContractEXP261120C00165000
SideCall
Expiry20 Nov 2026
Strike165.00
Volume-
OI1891
IV0.45
ContractEXP260821C00220000
SideCall
Expiry21 Aug 2026
Strike220.00
Volume-
OI772
IV0.39
ContractEXP260821C00250000
SideCall
Expiry21 Aug 2026
Strike250.00
Volume-
OI767
IV0.28