Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
VIVO options intelligence
VivoPower PLC options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
42
Market data through 11 Aug 2026
Checked 12 Aug 2026 14:21 · complete available chain
Call-side pressure
Bullish pressure
VIVO currently carries bullish options pressure with a 42/100 conviction score. The nearest-chain expected move is 32.2%, with volume/open-interest participation at 0.02.
Expected move
32.2%
Wider near-term move priced
Activity / OI
0.02
Current volume is quieter versus prior open interest
Put-call
0.78
Balanced tape
Trend fit
66
Options agree with trend context
Weekly backdrop
+13.2%
RS -4.7
Expected move
32.2%
Put-call volume
0.78
Volume / OI
0.02
Reference IV
2.21
Max pain
5.00
Underlying
4.04
Nearest expiry
21 Aug 2026
Contracts
34
Research Brief
VIVO has a bullish chain read with 42/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 2.74–5.34; The largest call open-interest concentration is 5.00; the largest put concentration is 5.00. The most active strike by current volume is 5.00.
Priced range2.74–5.34
Call concentration5.00
Put concentration5.00
Max pain reference5.00
- Price holds or improves while call-side concentration remains elevated.
- The current chain read already agrees with the stored weekly trend context.
- Price weakens while call pressure fades or reverses toward puts.
- 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 2.74 to 5.34. Max pain at 5.00 sits inside that range, 23.8% above spot.
Spot
Max pain
2.744.04 ± 1.305.34
Confirmation level
A close beyond 5.34 or below 2.74 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 42/100
Pressure is 23/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure23 × 42%
+9.5
How strongly activity leans toward calls or puts.
Participation26 × 22%
+5.7
Volume relative to existing open interest and contract-level activity.
Trend agreement66 × 26%
+17.1
How closely the chain read agrees with the underlying trend backdrop.
Volatility96 × 10%
+9.6
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 5.00; the largest put concentration is 5.00. The most active strike by current volume is 5.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
338
2.50-38.1%
123
853
5.0023.8%
4033
81
7.5085.6%
2471
0
10.00147.5%
411
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Gamma Profile by Strike
Positive gamma proxy
Call-side gamma sensitivity outweighs the put-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.
Net profile+$43,184Delta change / 1% move
Positive peak5.00+$31,535
Negative peak2.50-$137
Nearest balance2.51Interpolated sign change
StrikeNegativePositiveNet / 1% move
2.50-38.1%
-$137
5.0023.8%
+$31,535
7.5085.6%
+$8,144
10.00147.5%
+$2,159
12.50209.4%
+$1,483
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
Front-loaded volatility
Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.
2.21
21 Aug
10d
1.52
18 Sep
38d
1.65
16 Oct
66d
1.62
15 Jan
157d
Volatility by Strike
Smile incomplete
There is not enough comparable OTM call and put volatility to classify the smile.
Comparable strike volatility is unavailable.
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
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
- Auditable calculationoriginal version retained
- Independent entryone read per market session
- Point-in-time referencerequired at entry
- Matched expiry closereported only after maturity
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
- 11 Aug 2026
- Calculation
- v2.0
- Contracts
- 34 / 34
- 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
Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.
Options pressure and weekly price action are pointing in the same constructive direction.
Put-heavy activity matters because it connects the options headline to the actual evidence: $34,265 of estimated gross traded notional, puts · 22-45 days · itm, and a bullish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+23
1W price+13.2%
Call premium25%
Put premium75%
Notional split
C 25% / P 75%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.02
Volume divided by open interest across the visible chain.
Trend fit
66/100
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.
Puts · 22-45 days · ITM
puts cluster with 76 contracts traded, $11,970 estimated gross traded notional, and 35% of visible notional.
$11,970
Puts · 8-21 days · ITM
puts cluster with 93 contracts traded, $11,180 estimated gross traded notional, and 33% of visible notional.
$11,180
Calls · 22-45 days · OTM
calls cluster with 59 contracts traded, $3,540 estimated gross traded notional, and 10% of visible notional.
$3,540
Calls · 91+ days · OTM
calls cluster with 27 contracts traded, $2,505 estimated gross traded notional, and 7% of visible notional.
$2,505
Calls · 8-21 days · OTM
calls cluster with 200 contracts traded, $2,500 estimated gross traded notional, and 7% of visible notional.
$2,500
Setup Classification
Opportunity and risk frame
Positioning agrees with the Sharemaestro trend backdrop.
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Call pressure is building while the stock sits above Sharemaestro fair value.
Activity Anomaly
Normal range
Activity is broadly in line with recent stored snapshots.
Baseline: 10 completed sessions
Volume rank50th
Volume/OI rank40th
IV rank60th
Market Context
Underlying confirmation
Close4.04
1W+13.2%
RS-4.7
Fair value+39.0%
Options pressure23
Speculation26
Volatility96
Trend fit66
Today Versus Normal
Stored-options context
30d avg 41.9% · 10 sessions
0th
90d avg - · 10/30 sessions
-
180d avg - · 10/60 sessions
-
30d avg 2.22 · 10 sessions
60th
90d avg - · 10/30 sessions
-
180d avg - · 10/60 sessions
-
30d avg 0.12 · 10 sessions
100th
90d avg - · 10/30 sessions
-
180d avg - · 10/60 sessions
-
30d avg 0.03 · 10 sessions
40th
90d avg - · 10/30 sessions
-
180d avg - · 10/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 11:45
Volatility
Pressure 79
Move 41.6%
30 Jul 11:23
Volatility
Pressure 95
Move 50.9%
31 Jul 11:48
Volatility
Pressure 91
Move 50.4%
2 Aug 01:13
Volatility
Pressure 80
Move 34.7%
4 Aug 10:15
Bullish
Pressure 79
Move 39.9%
5 Aug 10:50
Volatility
Pressure 86
Move 42.0%
6 Aug 10:55
Volatility
Pressure 94
Move 41.3%
7 Aug 12:42
Volatility
Pressure 100
Move 39.4%
Strike Map
Where activity is clustering
Strike2.50
Calls · V 0 · OI 123
Puts · V 0 · OI 338
Strike5.00
Calls · V 200 · OI 4033
Puts · V 92 · OI 853
Strike7.50
Calls · V 0 · OI 2471
Puts · V 1 · OI 81
Strike10.00
Calls · V 0 · OI 411
Puts · V 0 · OI 0
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts8
Avg IV2.21
Put-call0.47
Expiry18 Sep 2026
Contracts6
Avg IV1.52
Put-call1.29
Expiry16 Oct 2026
Contracts10
Avg IV1.65
Put-call-
Expiry15 Jan 2027
Contracts10
Avg IV1.62
Put-call0.11
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV1.49
Put IV1.57
Skew0.08
18 Sep 2026Call IV premium
Call IV1.74
Put IV1.68
Skew-0.06
16 Oct 2026Call IV premium
Call IV1.74
Put IV1.58
Skew-0.17
15 Jan 2027Balanced skew
Call IV1.65
Put IV1.62
Skew-0.03
Contract Tape
Most active contracts
ContractVIVO260821C00005000
SideCall
Expiry21 Aug 2026
Strike5.00
Volume200
OI4033
IV1.49
ContractVIVO260821P00005000
SidePut
Expiry21 Aug 2026
Strike5.00
Volume92
OI853
IV2.00
ContractVIVO260918P00005000
SidePut
Expiry18 Sep 2026
Strike5.00
Volume76
OI24
IV1.82
ContractVIVO260918C00005000
SideCall
Expiry18 Sep 2026
Strike5.00
Volume59
OI624
IV1.74
ContractVIVO261016P00002500
SidePut
Expiry16 Oct 2026
Strike2.50
Volume48
OI238
IV1.58
ContractVIVO270115C00007500
SideCall
Expiry15 Jan 2027
Strike7.50
Volume25
OI1217
IV1.56
ContractVIVO270115C00005000
SideCall
Expiry15 Jan 2027
Strike5.00
Volume2
OI5374
IV1.49
ContractVIVO270115P00005000
SidePut
Expiry15 Jan 2027
Strike5.00
Volume2
OI377
IV1.54
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.