Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
RKT options intelligence
Rocket Companies Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
45
Market data through 31 Jul 2026
Checked 2 Aug 2026 12:25 · complete available chain
Call-side pressure
Bullish pressure
RKT currently carries bullish options pressure with a 45/100 conviction score. The nearest-chain expected move is 9.6%, with volume/open-interest participation at 0.06.
Expected move
9.6%
Wider near-term move priced
Activity / OI
0.06
Current volume is quieter versus prior open interest
Put-call
0.30
Call-side skew
Trend fit
2
Options are not fully confirming trend
Weekly backdrop
-1.1%
RS -30.4
Expected move
9.6%
Put-call volume
0.30
Volume / OI
0.06
Reference IV
0.89
Max pain
14.00
Underlying
12.90
Nearest expiry
7 Aug 2026
Contracts
704
Research Brief
RKT has a bullish chain read with 45/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 11.66–14.14; The largest call open-interest concentration is 15.00; the largest put concentration is 12.00. The most active strike by current volume is 12.00.
Priced range11.66–14.14
Call concentration15.00
Put concentration12.00
Max pain reference14.00
- 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.
- 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
Options imply 11.66 to 14.14. Max pain at 14.00 sits inside that range, 8.5% above spot.
Spot
Max pain
11.6612.90 ± 1.2414.14
Confirmation level
A close beyond 14.14 or below 11.66 at the 7 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 45/100
Pressure is 62/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure62 × 42%
+25.9
How strongly activity leans toward calls or puts.
Participation41 × 22%
+9.1
Volume relative to existing open interest and contract-level activity.
Trend agreement2 × 26%
+0.6
How closely the chain read agrees with the underlying trend backdrop.
Volatility94 × 10%
+9.4
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 15.00; the largest put concentration is 12.00. The most active strike by current volume is 12.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
58
10.00-22.5%
2
435
10.50-18.6%
4
524
11.00-14.7%
1
806
11.50-10.9%
0
2319
12.00-7.0%
74
1031
12.50-3.1%
117
852
13.000.8%
349
641
13.504.7%
478
366
14.008.5%
2008
161
14.5012.4%
1157
108
15.0016.3%
8717
395
15.5020.2%
676
59
16.0024.0%
1346
1
16.5027.9%
562
9
17.0031.8%
987
0
19.0047.3%
206
0
20.0055.0%
269
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Front-loaded volatility
Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.
0.89
7 Aug
7d
0.79
14 Aug
14d
0.72
21 Aug
21d
0.70
28 Aug
28d
0.68
4 Sep
35d
0.67
11 Sep
42d
0.67
18 Sep
49d
0.64
16 Oct
77d
Volatility by Strike
Balanced wings
Comparable upside calls and downside puts carry broadly similar implied volatility.
11
11
12
12
13
13
14
14
15
15
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
Forward validation is building. The earliest eligible stored read expires 31 Jul 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
- 704 / 704
- 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
Short-dated OTM call concentration
Call activity is concentrated in upside and shorter-dated contracts; trade direction remains unconfirmed without aggressor data.
Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.
Short-dated OTM call concentration matters because it connects the options headline to the actual evidence: $4.4M of estimated gross traded notional, calls · 91+ days · atm, and a bullish flow against weak price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+62
1W price-1.1%
Call premium85%
Put premium15%
Notional split
C 85% / P 15%
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
2/100
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.
Calls · 91+ days · ATM
calls cluster with 7860 contracts traded, $1.9M estimated gross traded notional, and 43% of visible notional.
$1.9M
Calls · 46-90 days · ATM
calls cluster with 4734 contracts traded, $674949 estimated gross traded notional, and 15% of visible notional.
$674949
Puts · 91+ days · ATM
puts cluster with 1287 contracts traded, $358302 estimated gross traded notional, and 8% of visible notional.
$358302
Calls · 46-90 days · OTM
calls cluster with 5596 contracts traded, $337442 estimated gross traded notional, and 8% of visible notional.
$337442
Calls · 22-45 days · OTM
calls cluster with 4209 contracts traded, $189081 estimated gross traded notional, and 4% of visible notional.
$189081
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
Close12.90
1W-1.1%
RS-30.4
Fair value-8.6%
Options pressure62
Speculation41
Volatility94
Trend fit2
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 10:11
Bullish
Pressure 65
Move 8.4%
30 Jul 10:06
Volatility
Pressure 95
Move 7.6%
31 Jul 10:03
Bullish
Pressure 41
Move 3.4%
2 Aug 11:25
Bullish
Pressure 62
Move 9.6%
Strike Map
Where activity is clustering
Strike5.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike7.00
Calls · V 0 · OI 2
Puts · V 0 · OI 0
Strike8.00
Calls · V 0 · OI 3
Puts · V 0 · OI 0
Strike9.00
Calls · V 0 · OI 2
Puts · V 0 · OI 0
Strike9.50
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike10.00
Calls · V 55 · OI 2
Puts · V 78 · OI 58
Strike10.50
Calls · V 45 · OI 4
Puts · V 79 · OI 435
Strike11.00
Calls · V 55 · OI 1
Puts · V 115 · OI 524
Term Structure
Expiration activity
Expiry7 Aug 2026
Contracts62
Avg IV0.89
Put-call1.28
Expiry14 Aug 2026
Contracts72
Avg IV0.79
Put-call0.95
Expiry21 Aug 2026
Contracts72
Avg IV0.72
Put-call0.16
Expiry28 Aug 2026
Contracts58
Avg IV0.70
Put-call0.06
Expiry4 Sep 2026
Contracts58
Avg IV0.68
Put-call0.01
Skew
Call/put IV balance
7 Aug 2026Balanced skew
Call IV0.88
Put IV0.90
Skew0.02
14 Aug 2026Balanced skew
Call IV0.78
Put IV0.79
Skew0.01
21 Aug 2026Balanced skew
Call IV0.72
Put IV0.73
Skew0.01
28 Aug 2026Balanced skew
Call IV0.68
Put IV0.71
Skew0.03
4 Sep 2026Balanced skew
Call IV0.68
Put IV0.70
Skew0.02
Contract Tape
Most active contracts
ContractRKT260807P00012000
SidePut
Expiry7 Aug 2026
Strike12.00
Volume4851
OI2319
IV0.90
ContractRKT261016C00013000
SideCall
Expiry16 Oct 2026
Strike13.00
Volume3634
OI652
IV0.63
ContractRKT261218C00013000
SideCall
Expiry18 Dec 2026
Strike13.00
Volume2506
OI131
IV0.64
ContractRKT260807C00014000
SideCall
Expiry7 Aug 2026
Strike14.00
Volume2066
OI2008
IV0.88
ContractRKT270617C00013000
SideCall
Expiry17 Jun 2027
Strike13.00
Volume1964
OI253
IV0.64
ContractRKT260904C00015000
SideCall
Expiry4 Sep 2026
Strike15.00
Volume1760
OI12
IV0.68
ContractRKT270319C00013000
SideCall
Expiry19 Mar 2027
Strike13.00
Volume1688
OI505
IV0.65
ContractRKT261120C00013000
SideCall
Expiry20 Nov 2026
Strike13.00
Volume1685
OI43
IV0.61
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.