Ticker Options Intelligence

QMCO options intelligence

Quantum Corporation options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 43 Market data through 31 Jul 2026 Checked 1 Aug 2026 12:52 · complete available chain

Call-side pressure

Bullish pressure

QMCO currently carries bullish options pressure with a 43/100 conviction score. The nearest-chain expected move is 31.7%, with volume/open-interest participation at 0.05.

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

Call-side pressure

Expected move 31.7%

Wider near-term move priced

Activity / OI 0.05

Current volume is quieter versus prior open interest

Put-call 0.67

Call-side skew

Trend fit 74

Options agree with trend context

Weekly backdrop -4.1%

RS 17.0

Expected move 31.7%
Put-call volume 0.67
Volume / OI 0.05
Reference IV 1.52
Max pain 10.00
Underlying 10.64
Nearest expiry 21 Aug 2026
Contracts 82

Research Brief

QMCO has a bullish chain read with 43/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 7.27–14.01; The largest call open-interest concentration is 12.50; the largest put concentration is 10.00. The most active strike by current volume is 12.50.

Priced range7.27–14.01
Call concentration12.50
Put concentration10.00
Max pain reference10.00
What would confirm it
  • Price holds or improves while call-side concentration remains elevated.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Price weakens while call pressure fades or reverses toward puts.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 7.27 to 14.01. Max pain at 10.00 sits inside that range, 6.0% below spot.

Spot Max pain
7.2710.64 ± 3.3714.01
Confirmation level

A close beyond 14.01 or below 7.27 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 43/100

Evidence alignment, not probability

Pressure is 29/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure29 × 42%
+12.0

How strongly activity leans toward calls or puts.

Participation9 × 22%
+2.0

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

Trend agreement74 × 26%
+19.3

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

Volatility96 × 10%
+9.6

The intensity of implied volatility and the priced move.

Reconstructed score42.9Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 12.50; the largest put concentration is 10.00. The most active strike by current volume is 12.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
2.50-76.5%
0
125
5.00-53.0%
20
228
7.50-29.5%
5
349
10.00-6.0%
149
51
12.5017.5%
430
7
15.0041.0%
350
4
17.5064.5%
33
1
20.0088.0%
23
0
22.50111.5%
1
0
25.00135.0%
0
0
30.00182.0%
1
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

1.03× front/back

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

1.52 21 Aug 21d
1.52 18 Sep 49d
1.37 18 Dec 140d
1.47 19 Mar 231d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

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

10
13
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
82 / 82
  • 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

65/100
Primary intent Multi-expiry position-maintenance candidate

Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.

Flow vs price divergence Bullish flow against weak price

Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.

Why this matters

Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $33908 of estimated gross traded notional, calls · 8-21 days · otm, 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+29
1W price-4.1%
Call premium53%
Put premium47%
Notional split C 53% / P 47% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.05 Volume divided by open interest across the visible chain.
Trend fit 74/100 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.
Conviction clusters Calls · 8-21 days · OTM
Calls · 8-21 days · OTM calls cluster with 157 contracts traded, $13216 estimated gross traded notional, and 39% of visible notional.
$13216
Puts · 8-21 days · OTM puts cluster with 106 contracts traded, $12190 estimated gross traded notional, and 36% of visible notional.
$12190
Puts · 8-21 days · ITM puts cluster with 12 contracts traded, $3690 estimated gross traded notional, and 11% of visible notional.
$3690
Calls · 91+ days · OTM calls cluster with 12 contracts traded, $3682 estimated gross traded notional, and 11% of visible notional.
$3682
Calls · 91+ days · ITM calls cluster with 2 contracts traded, $760 estimated gross traded notional, and 2% of visible notional.
$760

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
Close10.64
1W-4.1%
RS17.0
Fair value+1.2%
Options pressure29
Speculation9
Volatility96
Trend fit74

Today Versus Normal

Stored-options context

View history
Expected move 31.7% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 1.52 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.67 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.05 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 11:43 Volatility
Pressure -66
Move 27.0%
30 Jul 11:22 Volatility
Pressure 100
Move 28.4%
31 Jul 05:24 Volatility
Pressure 100
Move 26.4%
1 Aug 09:47 Bullish
Pressure 29
Move 30.4%
1 Aug 11:52 Bullish
Pressure 29
Move 31.7%

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 20
Puts · V 0 · OI 125
Strike7.50
Calls · V 0 · OI 5
Puts · V 0 · OI 228
Strike10.00
Calls · V 0 · OI 149
Puts · V 106 · OI 349
Strike12.50
Calls · V 155 · OI 430
Puts · V 12 · OI 51
Strike15.00
Calls · V 0 · OI 350
Puts · V 0 · OI 7
Strike17.50
Calls · V 0 · OI 33
Puts · V 0 · OI 4
Strike20.00
Calls · V 1 · OI 23
Puts · V 0 · OI 1

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts22
Avg IV1.52
Put-call0.75
Expiry18 Sep 2026
Contracts22
Avg IV1.52
Put-call-
Expiry18 Dec 2026
Contracts22
Avg IV1.37
Put-call-
Expiry19 Mar 2027
Contracts16
Avg IV1.47
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV1.49
Put IV1.49
Skew-
18 Sep 2026Call IV premium
Call IV1.57
Put IV1.49
Skew-0.08
18 Dec 2026Call IV premium
Call IV1.53
Put IV1.35
Skew-0.18
19 Mar 2027Call IV premium
Call IV1.50
Put IV1.43
Skew-0.07

Contract Tape

Most active contracts

Full contract tape
ContractQMCO260821C00012500
SideCall
Expiry21 Aug 2026
Strike12.50
Volume155
OI430
IV1.46
ContractQMCO260821P00010000
SidePut
Expiry21 Aug 2026
Strike10.00
Volume106
OI349
IV1.49
ContractQMCO260821P00012500
SidePut
Expiry21 Aug 2026
Strike12.50
Volume12
OI51
IV1.86
ContractQMCO261218C00015000
SideCall
Expiry18 Dec 2026
Strike15.00
Volume5
OI132
IV1.39
ContractQMCO270319C00015000
SideCall
Expiry19 Mar 2027
Strike15.00
Volume5
OI-
IV1.49
ContractQMCO260918C00017500
SideCall
Expiry18 Sep 2026
Strike17.50
Volume4
OI39
IV1.64
ContractQMCO261218C00010000
SideCall
Expiry18 Dec 2026
Strike10.00
Volume2
OI59
IV1.38
ContractQMCO261218C00020000
SideCall
Expiry18 Dec 2026
Strike20.00
Volume1
OI317
IV1.46