Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
MTYY options intelligence
GRANITESHARES YIELDBOOST MSTR ETF options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
30
Market data through 16 Sep 2026
Checked 17 Sep 2026 13:29 · complete available chain
Options-market disagreement
Mixed pressure
MTYY currently carries mixed options pressure with a 30/100 conviction score. The nearest-chain expected move is 2.9%, with volume/open-interest participation at 0.00.
Expected move
2.9%
Near-term move context
Activity / OI
0.00
Current volume is quieter versus prior open interest
Put-call
-
Balanced tape
Trend fit
100
Options agree with trend context
Weekly backdrop
-0.1%
RS -45.4
Expected move
2.9%
Put-call volume
-
Volume / OI
-
Reference IV
0.39
Max pain
1.00
Underlying
17.84
Nearest expiry
18 Sep 2026
Contracts
218
Research Brief
MTYY has a mixed chain read with 30/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 17.32–18.35; The largest call open-interest concentration is 1.00; the largest put concentration is 1.00. The most active strike by current volume is 1.00.
Priced range17.32–18.35
Call concentration1.00
Put concentration1.00
Max pain reference1.00
- A clear directional pressure reading develops and price begins to agree.
- The current chain read already agrees with the stored weekly trend context.
- Participation is above the ticker's stored normal, which makes the read more noteworthy.
- Volatility falls and the chain remains directionally mixed.
Priced Move
Where the chain says movement becomes exceptional
Options imply 17.32 to 18.35. Max pain at 1.00 lies outside the priced range, so it is a weak near-term anchor.
Spot
Max pain
17.3217.84 ± 0.5118.35
Confirmation level
A close beyond 18.35 or below 17.32 at the 18 Sep 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 30/100
Pressure is 0/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure0 × 42%
+0.0
How strongly activity leans toward calls or puts.
Participation0 × 22%
+0.0
Volume relative to existing open interest and contract-level activity.
Trend agreement100 × 26%
+26.0
How closely the chain read agrees with the underlying trend backdrop.
Volatility39 × 10%
+3.9
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 1.00; the largest put concentration is 1.00. The most active strike by current volume is 1.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
1.00-94.4%
0
0
2.00-88.8%
0
0
3.00-83.2%
0
0
4.00-77.6%
0
0
5.00-72.0%
0
0
6.00-66.4%
0
0
7.00-60.8%
0
0
8.00-55.1%
0
0
9.00-49.5%
0
0
10.00-43.9%
0
0
11.00-38.3%
0
0
12.00-32.7%
0
0
13.00-27.1%
0
0
14.00-21.5%
0
0
15.00-15.9%
0
0
16.00-10.3%
0
0
17.00-4.7%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Gamma Profile by Strike
Negative gamma proxy
Put-side gamma sensitivity outweighs the call-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.
Net profile-$86Delta change / 1% move
Positive peak-No positive strike
Negative peak26.00-$23
Nearest balance-Interpolated sign change
StrikeNegativePositiveNet / 1% move
20.0012.1%
-$18
21.0017.7%
-$17
26.0045.8%
-$23
27.0051.4%
-$11
31.0073.8%
-$16
Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike
Scenario proxy = gamma × open interest × 100 shares × spot² × 1%. Calls are positive and puts negative by convention. Missing Greeks use a Black-Scholes estimate from stored IV with zero rate and dividend assumptions. Open interest does not reveal who is long or short, so this is not observed dealer positioning or a forecast.
Volatility Curve
Balanced volatility curve
Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.
0.39
18 Sep
2d
0.25
16 Oct
30d
0.31
20 Nov
65d
0.38
19 Feb
156d
Volatility by Strike
Upside optionality premium
Out-of-the-money calls carry higher implied volatility than comparable puts, indicating richer upside optionality.
15
16
17
18
19
20
21
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
14 stored transitions are available, but none had a directional bullish or bearish label.
Directional follow-through-
Moves contained by pricing93%
Average expiry move3.3%
16 Sep
Mixed · 30
-0.9% through expiry
2.9% priced · v2.0
14 Sep
Mixed · 29
-0.9% through expiry
2.8% priced · v2.0
11 Sep
Mixed · 30
-0.9% through expiry
4.5% priced · v2.0
8 Sep
Mixed · 30
-3.0% through expiry
4.9% priced · v2.0
3 Sep
Mixed · 29
-1.4% through expiry
3.7% priced · v2.0
31 Aug
Mixed · 30
-1.4% through expiry
4.9% priced · v2.0
21 Aug
Mixed · 33
-1.0% through expiry
13.8% priced · v2.0
14 Aug
Volatility · 58
-5.3% through expiry
147.6% priced · v2.0
7 Aug
Mixed · 29
-5.0% through expiry
4.0% priced · v2.0
5 Aug
Volatility · 58
-5.0% through expiry
154.0% priced · v2.0
4 Aug
Mixed · 31
-5.0% through expiry
7.1% priced · v2.0
3 Aug
Volatility · 58
-5.0% through expiry
154.7% priced · v2.0
Eligible snapshots must have a dated market session, stored signal, and point-in-time market reference. Each observation uses one read per market session and the first stored weekly close on or immediately after expiry; its original calculation version is retained. It is an evidence audit, not an executable strategy or evidence of future performance.
Evidence Quality
Usable with limits
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 16 Sep 2026
- Calculation
- v2.0
- Contracts
- 218 / 218
- 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
Likely noise
Visible options activity is too thin or mixed to support a strong intent classification.
The options read is mixed, so divergence is not strong enough to classify.
Likely noise matters because it connects the options headline to the actual evidence: $0 of estimated gross traded notional, no dominant cluster, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+0
1W price-0.1%
Call premium0%
Put premium0%
Notional split
C 0% / P 0%
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
100/100
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.
No high-conviction option cluster is visible in this snapshot.
Setup Classification
Opportunity and risk frame
Positioning agrees with the Sharemaestro trend backdrop.
Activity Anomaly
Above normal
Activity is running above the recent historical baseline.
Baseline: 16 completed sessions
Volume rank69th
Volume/OI rank69th
IV rank69th
Market Context
Underlying confirmation
Close17.68
1W-0.1%
RS-45.4
Fair value-37.9%
Options pressure0
Speculation0
Volatility39
Trend fit100
Today Versus Normal
Stored-options context
30d avg - · 7/10 sessions
-
90d avg - · 16/30 sessions
-
180d avg - · 16/60 sessions
-
30d avg - · 7/10 sessions
-
90d avg - · 16/30 sessions
-
180d avg - · 16/60 sessions
-
30d avg - · 0/10 sessions
-
90d avg - · 0/30 sessions
-
180d avg - · 0/60 sessions
-
30d avg - · 7/10 sessions
-
90d avg - · 16/30 sessions
-
180d avg - · 16/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 12:45
Mixed
Pressure 0
Move 9.3%
29 Jul 23:01
Volatility
Pressure -100
Move 155.9%
31 Jul 11:03
Mixed
Pressure 0
Move 8.1%
2 Aug 18:16
Volatility
Pressure -100
Move 162.9%
3 Aug 03:00
Mixed
Pressure 0
Move 7.7%
3 Aug 19:25
Volatility
Pressure -100
Move 154.7%
5 Aug 11:35
Mixed
Pressure 0
Move 7.1%
5 Aug 15:39
Volatility
Pressure -100
Move 154.0%
Strike Map
Where activity is clustering
Strike1.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike2.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike3.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike4.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike6.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike7.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike8.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Term Structure
Expiration activity
Expiry18 Sep 2026
Contracts58
Avg IV0.39
Put-call-
Expiry16 Oct 2026
Contracts42
Avg IV0.25
Put-call-
Expiry20 Nov 2026
Contracts54
Avg IV0.31
Put-call-
Expiry19 Feb 2027
Contracts64
Avg IV0.38
Put-call-
Skew
Call/put IV balance
18 Sep 2026Balanced skew
Call IV0.28
Put IV0.24
Skew-0.04
16 Oct 2026Balanced skew
Call IV0.06
Put IV0.06
Skew-
20 Nov 2026Put IV premium
Call IV0.04
Put IV0.52
Skew0.48
19 Feb 2027Put IV premium
Call IV0.06
Put IV0.94
Skew0.88
Contract Tape
Most active contracts
ContractMTYY261120P00026000
SidePut
Expiry20 Nov 2026
Strike26.00
Volume-
OI2
IV1.38
ContractMTYY270219P00031000
SidePut
Expiry19 Feb 2027
Strike31.00
Volume-
OI2
IV1.33
ContractMTYY261120P00021000
SidePut
Expiry20 Nov 2026
Strike21.00
Volume-
OI1
IV1.02
ContractMTYY261120P00020000
SidePut
Expiry20 Nov 2026
Strike20.00
Volume-
OI1
IV0.93
ContractMTYY261120P00027000
SidePut
Expiry20 Nov 2026
Strike27.00
Volume-
OI1
IV1.44
ContractMTYY260918C00004000
SideCall
Expiry18 Sep 2026
Strike4.00
Volume-
OI-
IV10.00
ContractMTYY260918P00003000
SidePut
Expiry18 Sep 2026
Strike3.00
Volume-
OI-
IV9.55
ContractMTYY260918C00002000
SideCall
Expiry18 Sep 2026
Strike2.00
Volume-
OI-
IV10.00
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.