Ticker Options Intelligence

SAIC options intelligence

Science Applications International Corporation Common Stock options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 43 Market data through 31 Jul 2026 Checked 1 Aug 2026 11:02 · complete available chain

Put-side pressure

Bearish pressure

SAIC currently carries bearish options pressure with a 43/100 conviction score. The nearest-chain expected move is 7.5%, with volume/open-interest participation at 0.00.

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

Put-side pressure

Expected move 7.5%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call 3.00

Put-side skew

Trend fit 40

Options are not fully confirming trend

Weekly backdrop -1.6%

RS 5.7

Expected move 7.5%
Put-call volume 3.00
Volume / OI 0.00
Reference IV 0.40
Max pain 105.00
Underlying 118.99
Nearest expiry 21 Aug 2026
Contracts 246

Research Brief

SAIC has a bearish 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 110.09–127.89; The largest call open-interest concentration is 120.00; the largest put concentration is 105.00. The most active strike by current volume is 110.00.

Priced range110.09–127.89
Call concentration120.00
Put concentration105.00
Max pain reference105.00
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 110.09 to 127.89. Max pain at 105.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
110.09118.99 ± 8.90127.89
Confirmation level

A close beyond 127.89 or below 110.09 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 62/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure62 × 42%
+26.0

How strongly activity leans toward calls or puts.

Participation1 × 22%
+0.3

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

Trend agreement41 × 26%
+10.5

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

Volatility58 × 10%
+5.8

The intensity of implied volatility and the priced move.

Reconstructed score42.6Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 120.00; the largest put concentration is 105.00. The most active strike by current volume is 110.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
18
55.00-53.8%
0
41
60.00-49.6%
0
8
65.00-45.4%
0
6
70.00-41.2%
1
42
75.00-37.0%
18
13
80.00-32.8%
5
35
85.00-28.6%
6
12
90.00-24.4%
6
16
95.00-20.2%
13
13
100.00-16.0%
43
189
105.00-11.8%
15
19
110.00-7.6%
68
10
115.00-3.4%
22
14
120.000.8%
109
0
125.005.1%
26
0
130.009.3%
43
0
140.0017.7%
25
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

1.02× front/back

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

0.40 21 Aug 21d
0.43 18 Sep 49d
0.40 20 Nov 112d
0.40 18 Dec 140d
0.39 19 Feb 203d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.

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
246 / 246
  • 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

81/100
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: $7132 of estimated gross traded notional, puts · 46-90 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-62
1W price-1.6%
Call premium30%
Put premium70%
Notional split C 30% / P 70% 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 40/100 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 · 46-90 days · OTM
Puts · 46-90 days · OTM puts cluster with 6 contracts traded, $3660 estimated gross traded notional, and 51% of visible notional.
$3660
Calls · 8-21 days · ITM calls cluster with 2 contracts traded, $1810 estimated gross traded notional, and 25% of visible notional.
$1810
Puts · 8-21 days · ATM puts cluster with 2 contracts traded, $1190 estimated gross traded notional, and 17% of visible notional.
$1190
Calls · 8-21 days · ATM calls cluster with 1 contracts traded, $295 estimated gross traded notional, and 4% of visible notional.
$295
Puts · 8-21 days · OTM puts cluster with 1 contracts traded, $178 estimated gross traded notional, and 2% of visible notional.
$178

Setup Classification

Opportunity and risk frame

Context, not advice
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
Close117.13
1W-1.6%
RS5.7
Fair value+4.0%
Options pressure-62
Speculation1
Volatility58
Trend fit41

Today Versus Normal

Stored-options context

View history
Expected move 7.5% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.40 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 3.00 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.00 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 10:42 Mixed
Pressure -17
Move 8.3%
30 Jul 10:38 Bearish
Pressure -95
Move 8.4%
31 Jul 12:40 Bearish
Pressure -50
Move 8.2%
1 Aug 10:02 Bearish
Pressure -62
Move 7.5%

Strike Map

Where activity is clustering

Full strike map
Strike55.00
Calls · V 0 · OI 0
Puts · V 0 · OI 18
Strike60.00
Calls · V 0 · OI 0
Puts · V 0 · OI 41
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 8
Strike70.00
Calls · V 0 · OI 1
Puts · V 0 · OI 6
Strike75.00
Calls · V 0 · OI 18
Puts · V 0 · OI 42
Strike80.00
Calls · V 0 · OI 5
Puts · V 0 · OI 13
Strike85.00
Calls · V 0 · OI 6
Puts · V 0 · OI 35
Strike90.00
Calls · V 0 · OI 6
Puts · V 0 · OI 12

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts46
Avg IV0.40
Put-call1.00
Expiry18 Sep 2026
Contracts46
Avg IV0.43
Put-call-
Expiry20 Nov 2026
Contracts52
Avg IV0.40
Put-call-
Expiry18 Dec 2026
Contracts52
Avg IV0.40
Put-call-
Expiry19 Feb 2027
Contracts50
Avg IV0.39
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.41
Put IV0.41
Skew-
18 Sep 2026Balanced skew
Call IV0.44
Put IV0.46
Skew0.02
20 Nov 2026Balanced skew
Call IV0.39
Put IV0.41
Skew0.02
18 Dec 2026Balanced skew
Call IV0.39
Put IV0.41
Skew0.03
19 Feb 2027Balanced skew
Call IV0.37
Put IV0.41
Skew0.05

Contract Tape

Most active contracts

Full contract tape
ContractSAIC260918P00115000
SidePut
Expiry18 Sep 2026
Strike115.00
Volume6
OI2011
IV0.43
ContractSAIC260821C00110000
SideCall
Expiry21 Aug 2026
Strike110.00
Volume2
OI68
IV0.41
ContractSAIC260821P00120000
SidePut
Expiry21 Aug 2026
Strike120.00
Volume2
OI14
IV0.40
ContractSAIC260821C00120000
SideCall
Expiry21 Aug 2026
Strike120.00
Volume1
OI109
IV0.37
ContractSAIC260821P00110000
SidePut
Expiry21 Aug 2026
Strike110.00
Volume1
OI19
IV0.41
ContractSAIC260821P00105000
SidePut
Expiry21 Aug 2026
Strike105.00
Volume-
OI189
IV0.19
ContractSAIC261218C00120000
SideCall
Expiry18 Dec 2026
Strike120.00
Volume-
OI61
IV0.40
ContractSAIC260821C00100000
SideCall
Expiry21 Aug 2026
Strike100.00
Volume-
OI43
IV0.50