Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
JKS options intelligence
JinkoSolar Holding Company Limited options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
34
Market data through 31 Jul 2026
Checked 1 Aug 2026 20:59 · complete available chain
Call-side pressure
Bullish pressure
JKS currently carries bullish options pressure with a 34/100 conviction score. The nearest-chain expected move is 15.2%, with volume/open-interest participation at 0.01.
Expected move
15.2%
Wider near-term move priced
Activity / OI
0.01
Current volume is quieter versus prior open interest
Put-call
0.37
Call-side skew
Trend fit
8
Options are not fully confirming trend
Weekly backdrop
+2.3%
RS -40.6
Expected move
15.2%
Put-call volume
0.37
Volume / OI
0.01
Reference IV
0.76
Max pain
17.50
Underlying
15.14
Nearest expiry
21 Aug 2026
Contracts
108
Research Brief
JKS has a bullish chain read with 34/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 12.84–17.44; The largest call open-interest concentration is 20.00; the largest put concentration is 12.50. The most active strike by current volume is 15.00.
Priced range12.84–17.44
Call concentration20.00
Put concentration12.50
Max pain reference17.50
- Price holds or improves while call-side concentration remains elevated.
- 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
Options imply 12.84 to 17.44. Max pain at 17.50 lies outside the priced range, so it is a weak near-term anchor.
Spot
Max pain
12.8415.14 ± 2.3017.44
Confirmation level
A close beyond 17.44 or below 12.84 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 34/100
Pressure is 51/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure51 × 42%
+21.6
How strongly activity leans toward calls or puts.
Participation3 × 22%
+0.6
Volume relative to existing open interest and contract-level activity.
Trend agreement8 × 26%
+2.0
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 20.00; the largest put concentration is 12.50. The most active strike by current volume is 15.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
2
7.50-50.5%
0
9
10.00-33.9%
0
558
12.50-17.4%
0
282
15.00-0.9%
67
87
17.5015.6%
381
26
20.0032.1%
586
4
22.5048.6%
154
6
25.0065.1%
43
0
27.5081.6%
4
0
30.0098.2%
2
0
32.50114.7%
4
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Balanced volatility curve
Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.
0.76
21 Aug
21d
0.77
18 Sep
49d
0.73
18 Dec
140d
0.71
19 Mar
231d
Volatility by Strike
Upside optionality premium
Out-of-the-money calls carry higher implied volatility than comparable puts, indicating richer upside optionality.
13
15
18
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
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
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 108 / 108
- 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
Multi-expiry position-maintenance candidate
Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.
Options pressure and weekly price action are pointing in the same constructive direction.
Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $7180 of estimated gross traded notional, calls · 8-21 days · atm, 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+51
1W price+2.3%
Call premium68%
Put premium32%
Notional split
C 68% / P 32%
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
8/100
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.
Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.
Calls · 8-21 days · ATM
calls cluster with 22 contracts traded, $2805 estimated gross traded notional, and 39% of visible notional.
$2805
Puts · 8-21 days · ATM
puts cluster with 12 contracts traded, $1230 estimated gross traded notional, and 17% of visible notional.
$1230
Calls · 46-90 days · OTM
calls cluster with 14 contracts traded, $1032 estimated gross traded notional, and 14% of visible notional.
$1032
Calls · 91+ days · OTM
calls cluster with 5 contracts traded, $415 estimated gross traded notional, and 6% of visible notional.
$415
Puts · 91+ days · ITM
puts cluster with 1 contracts traded, $410 estimated gross traded notional, and 6% of visible notional.
$410
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.
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
Close15.14
1W+2.3%
RS-40.6
Fair value-33.1%
Options pressure51
Speculation3
Volatility93
Trend fit8
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 11:11
Mixed
Pressure -8
Move 16.6%
30 Jul 10:57
Mixed
Pressure 6
Move 16.9%
31 Jul 04:39
Mixed
Pressure 10
Move 17.2%
1 Aug 10:36
Bullish
Pressure 51
Move 15.5%
1 Aug 19:59
Bullish
Pressure 51
Move 15.2%
Strike Map
Where activity is clustering
Strike7.50
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike10.00
Calls · V 0 · OI 0
Puts · V 0 · OI 9
Strike12.50
Calls · V 0 · OI 0
Puts · V 2 · OI 558
Strike15.00
Calls · V 22 · OI 67
Puts · V 12 · OI 282
Strike17.50
Calls · V 9 · OI 381
Puts · V 0 · OI 87
Strike20.00
Calls · V 0 · OI 586
Puts · V 0 · OI 26
Strike22.50
Calls · V 0 · OI 154
Puts · V 0 · OI 4
Strike25.00
Calls · V 0 · OI 43
Puts · V 0 · OI 6
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts22
Avg IV0.76
Put-call0.45
Expiry18 Sep 2026
Contracts32
Avg IV0.77
Put-call0.14
Expiry18 Dec 2026
Contracts28
Avg IV0.73
Put-call0.50
Expiry19 Mar 2027
Contracts26
Avg IV0.71
Put-call-
Skew
Call/put IV balance
21 Aug 2026Balanced skew
Call IV0.78
Put IV0.77
Skew-0.01
18 Sep 2026Balanced skew
Call IV0.75
Put IV0.76
Skew0.01
18 Dec 2026Balanced skew
Call IV0.73
Put IV0.75
Skew0.02
19 Mar 2027Put IV premium
Call IV0.64
Put IV0.73
Skew0.09
Contract Tape
Most active contracts
ContractJKS260821C00015000
SideCall
Expiry21 Aug 2026
Strike15.00
Volume22
OI67
IV0.82
ContractJKS260821P00015000
SidePut
Expiry21 Aug 2026
Strike15.00
Volume12
OI282
IV0.77
ContractJKS260821C00017500
SideCall
Expiry21 Aug 2026
Strike17.50
Volume9
OI381
IV0.78
ContractJKS260918C00017500
SideCall
Expiry18 Sep 2026
Strike17.50
Volume9
OI192
IV0.79
ContractJKS260918C00020000
SideCall
Expiry18 Sep 2026
Strike20.00
Volume5
OI381
IV0.75
ContractJKS261218C00022500
SideCall
Expiry18 Dec 2026
Strike22.50
Volume4
OI274
IV0.73
ContractJKS260821P00012500
SidePut
Expiry21 Aug 2026
Strike12.50
Volume2
OI558
IV0.40
ContractJKS261218C00015000
SideCall
Expiry18 Dec 2026
Strike15.00
Volume1
OI290
IV0.75
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
No recent market-watch posts yet.
Earnings
No upcoming matched earnings event.
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.