Ticker Options Intelligence

MGRC options intelligence

McGrath RentCorp options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 46 Market data through 31 Jul 2026 Checked 1 Aug 2026 02:41 · complete available chain

Put-side pressure

Bearish pressure

MGRC currently carries bearish options pressure with a 46/100 conviction score. The nearest-chain expected move is 1.9%, with volume/open-interest participation at 0.20.

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

Put-side pressure

Expected move 1.9%

Near-term move context

Activity / OI 0.20

Current volume is quieter versus prior open interest

Put-call -

Balanced tape

Trend fit 8

Options are not fully confirming trend

Weekly backdrop -3.8%

RS -6.3

Expected move 1.9%
Put-call volume -
Volume / OI 0.20
Reference IV 0.08
Max pain 85.00
Underlying 119.76
Nearest expiry 21 Aug 2026
Contracts 166

Research Brief

MGRC has a bearish chain read with 46/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 117.44–122.08; The largest call open-interest concentration is 85.00; the largest put concentration is 85.00. The most active strike by current volume is 115.00.

Priced range117.44–122.08
Call concentration85.00
Put concentration85.00
Max pain reference85.00
What would confirm it
  • Price remains weak while put-side concentration persists.
What would weaken it
  • Price recovers while put pressure fades or reverses toward calls.
  • 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 117.44 to 122.08. Max pain at 85.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
117.44119.76 ± 2.32122.08
Confirmation level

A close beyond 122.08 or below 117.44 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 46/100

Evidence alignment, not probability

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

Directional pressure100 × 42%
+42.0

How strongly activity leans toward calls or puts.

Participation5 × 22%
+1.0

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

Trend agreement8 × 26%
+2.1

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

Volatility13 × 10%
+1.3

The intensity of implied volatility and the priced move.

Reconstructed score46.4Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 85.00; the largest put concentration is 85.00. The most active strike by current volume is 115.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
85.00-29.0%
0
0
90.00-24.8%
0
0
95.00-20.7%
0
0
100.00-16.5%
0
0
105.00-12.3%
0
0
110.00-8.1%
0
0
115.00-4.0%
0
0
120.000.2%
0
0
125.004.4%
0
0
130.008.6%
0
0
135.0012.7%
0
0
140.0016.9%
0
0
145.0021.1%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Back-loaded volatility

0.32× front/back

Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.

0.08 21 Aug 21d
0.06 18 Sep 49d
0.17 18 Dec 140d
0.25 19 Mar 231d

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.

100
105
110
115
120
125
130
135
140
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

A100/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
166 / 166
  • 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

Put-heavy activity

94/100
Primary intent Put-heavy activity

Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.

Flow vs price divergence Bearish flow confirms price

Options pressure and weekly price action are both cautionary.

Why this matters

Put-heavy activity matters because it connects the options headline to the actual evidence: $1140 of estimated gross traded notional, puts · 8-21 days · otm, and a bearish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-100
1W price-3.8%
Call premium0%
Put premium100%
Notional split C 0% / P 100% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.20 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.
Conviction clusters Puts · 8-21 days · OTM
Puts · 8-21 days · OTM puts cluster with 3 contracts traded, $1140 estimated gross traded notional, and 100% of visible notional.
$1140

Setup Classification

Opportunity and risk frame

Context, not advice
Negative Options disagreement

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

Sharemaestro weekly
Close115.15
1W-3.8%
RS-6.3
Fair value+5.1%
Options pressure-100
Speculation5
Volatility13
Trend fit8

Today Versus Normal

Stored-options context

View history
Expected move 1.9% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.08 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call - history building
30d avg - · 0/10 sessions -
90d avg - · 0/30 sessions -
180d avg - · 0/60 sessions -
Volume/OI 0.20 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 10:56 Mixed
Pressure -2
Move 2.5%
30 Jul 10:46 Mixed
Pressure -2
Move 2.6%
31 Jul 12:54 Mixed
Pressure -2
Move 1.8%
1 Aug 01:41 Bearish
Pressure -100
Move 1.9%

Strike Map

Where activity is clustering

Full strike map
Strike85.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike90.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike95.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike100.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike105.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike110.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike115.00
Calls · V 0 · OI 0
Puts · V 3 · OI 0
Strike120.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts26
Avg IV0.08
Put-call-
Expiry18 Sep 2026
Contracts48
Avg IV0.06
Put-call-
Expiry18 Dec 2026
Contracts46
Avg IV0.17
Put-call-
Expiry19 Mar 2027
Contracts46
Avg IV0.25
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV0.07
Put IV0.01
Skew-0.06
18 Sep 2026Balanced skew
Call IV0.04
Put IV0.01
Skew-0.03
18 Dec 2026Balanced skew
Call IV0.02
Put IV0.01
Skew-0.01
19 Mar 2027Put IV premium
Call IV0.03
Put IV0.32
Skew0.28

Contract Tape

Most active contracts

Full contract tape
ContractMGRC260821P00115000
SidePut
Expiry21 Aug 2026
Strike115.00
Volume3
OI-
IV0.01
ContractMGRC261218P00065000
SidePut
Expiry18 Dec 2026
Strike65.00
Volume-
OI8
IV0.33
ContractMGRC260918C00120000
SideCall
Expiry18 Sep 2026
Strike120.00
Volume-
OI7
IV0.04
ContractMGRC260821C00090000
SideCall
Expiry21 Aug 2026
Strike90.00
Volume-
OI-
IV0.74
ContractMGRC260821P00095000
SidePut
Expiry21 Aug 2026
Strike95.00
Volume-
OI-
IV0.31
ContractMGRC260821C00100000
SideCall
Expiry21 Aug 2026
Strike100.00
Volume-
OI-
IV0.48
ContractMGRC260821C00095000
SideCall
Expiry21 Aug 2026
Strike95.00
Volume-
OI-
IV0.01
ContractMGRC260821C00105000
SideCall
Expiry21 Aug 2026
Strike105.00
Volume-
OI-
IV0.50