Ticker Options Intelligence

MD options intelligence

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

Conviction 39 Market data through 31 Jul 2026 Checked 1 Aug 2026 23:54 · complete available chain

Put-side pressure

Bearish pressure

MD currently carries bearish options pressure with a 39/100 conviction score. The nearest-chain expected move is 14.4%, 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 Bearish

Put-side pressure

Expected move 14.4%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call 1.20

Balanced tape

Trend fit 81

Options agree with trend context

Weekly backdrop +1.0%

RS 16.5

Expected move 14.4%
Put-call volume 1.20
Volume / OI 0.00
Reference IV 0.72
Max pain 25.00
Underlying 26.51
Nearest expiry 21 Aug 2026
Contracts 80

Research Brief

MD has a bearish chain read with 39/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 22.69–30.33; The largest call open-interest concentration is 30.00; the largest put concentration is 20.00. The most active strike by current volume is 7.50.

Priced range22.69–30.33
Call concentration30.00
Put concentration20.00
Max pain reference25.00
What would confirm it
  • Price remains weak while put-side concentration persists.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Price recovers while put pressure fades or reverses toward calls.
  • 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 22.69 to 30.33. Max pain at 25.00 sits inside that range, 5.7% below spot.

Spot Max pain
22.6926.51 ± 3.8230.33
Confirmation level

A close beyond 30.33 or below 22.69 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 39/100

Evidence alignment, not probability

Pressure is 21/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure21 × 42%
+8.9

How strongly activity leans toward calls or puts.

Participation1 × 22%
+0.2

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

Trend agreement81 × 26%
+21.1

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

Volatility90 × 10%
+9.0

The intensity of implied volatility and the priced move.

Reconstructed score39.2Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 30.00; the largest put concentration is 20.00. The most active strike by current volume is 7.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
2.50-90.6%
0
199
5.00-81.1%
1
46
7.50-71.7%
0
16
10.00-62.3%
0
5
12.50-52.8%
50
13
15.00-43.4%
1
13
17.50-34.0%
5
1617
20.00-24.6%
11
402
22.50-15.1%
52
879
25.00-5.7%
210
0
30.0013.2%
719
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.27× front/back

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

0.72 21 Aug 21d
0.63 18 Sep 49d
0.61 20 Nov 112d
0.57 19 Feb 203d

Volatility by Strike

Upside optionality premium

Nearest expiry, within 20% of spot

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

23
25
30
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
80 / 80
  • 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

92/100
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 Bearish flow against rising price

Put-side pressure is building while price is rising, a cautionary divergence.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $468 of estimated gross traded notional, calls · 8-21 days · otm, and a bearish flow against rising price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-21
1W price+1.0%
Call premium94%
Put premium6%
Notional split C 94% / P 6% 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 81/100 Agreement between options pressure and Sharemaestro market context.
Event window 4 Aug Matched earnings event is 2 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 · 8-21 days · OTM
Calls · 8-21 days · OTM calls cluster with 5 contracts traded, $438 estimated gross traded notional, and 94% of visible notional.
$438
Puts · 8-21 days · OTM puts cluster with 6 contracts traded, $30 estimated gross traded notional, and 6% of visible notional.
$30

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

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
Close26.51
1W+1.0%
RS16.5
Fair value+80.7%
Options pressure-21
Speculation1
Volatility90
Trend fit81

Today Versus Normal

Stored-options context

View history
Expected move 14.4% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.72 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 1.20 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.00 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 11:03 Mixed
Pressure 4
Move 15.3%
30 Jul 10:52 Mixed
Pressure 8
Move 14.1%
31 Jul 10:34 Volatility
Pressure -87
Move 16.4%
1 Aug 22:54 Bearish
Pressure -21
Move 14.4%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 1
Puts · V 0 · OI 199
Strike7.50
Calls · V 0 · OI 0
Puts · V 6 · OI 46
Strike10.00
Calls · V 0 · OI 0
Puts · V 0 · OI 16
Strike12.50
Calls · V 0 · OI 50
Puts · V 0 · OI 5
Strike15.00
Calls · V 0 · OI 1
Puts · V 0 · OI 13
Strike17.50
Calls · V 0 · OI 5
Puts · V 0 · OI 13
Strike20.00
Calls · V 0 · OI 11
Puts · V 0 · OI 1617

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts22
Avg IV0.72
Put-call1.20
Expiry18 Sep 2026
Contracts16
Avg IV0.63
Put-call-
Expiry20 Nov 2026
Contracts26
Avg IV0.61
Put-call-
Expiry19 Feb 2027
Contracts16
Avg IV0.57
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.81
Put IV0.76
Skew-0.05
18 Sep 2026Put IV premium
Call IV0.61
Put IV0.68
Skew0.07
20 Nov 2026Balanced skew
Call IV0.57
Put IV0.62
Skew0.05
19 Feb 2027Balanced skew
Call IV0.54
Put IV0.53
Skew-0.01

Contract Tape

Most active contracts

Full contract tape
ContractMD260821P00007500
SidePut
Expiry21 Aug 2026
Strike7.50
Volume6
OI46
IV2.03
ContractMD260821C00030000
SideCall
Expiry21 Aug 2026
Strike30.00
Volume5
OI719
IV0.81
ContractMD260821P00020000
SidePut
Expiry21 Aug 2026
Strike20.00
Volume-
OI1617
IV0.51
ContractMD260821P00025000
SidePut
Expiry21 Aug 2026
Strike25.00
Volume-
OI879
IV0.76
ContractMD260821P00022500
SidePut
Expiry21 Aug 2026
Strike22.50
Volume-
OI402
IV0.32
ContractMD260821C00025000
SideCall
Expiry21 Aug 2026
Strike25.00
Volume-
OI210
IV0.72
ContractMD260821P00005000
SidePut
Expiry21 Aug 2026
Strike5.00
Volume-
OI199
IV2.67
ContractMD261120C00035000
SideCall
Expiry20 Nov 2026
Strike35.00
Volume-
OI101
IV0.57