Ticker Options Intelligence

HELE options intelligence

Helen of Troy Ltd options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 44 Market data through 29 Jul 2026 Checked 30 Jul 2026 05:30 · complete available chain

Call-side pressure

Bullish pressure

HELE currently carries bullish options pressure with a 44/100 conviction score. The nearest-chain expected move is 12.6%, 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 Bullish

Call-side pressure

Expected move 12.6%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call 0.56

Call-side skew

Trend fit 82

Options agree with trend context

Weekly backdrop +1.3%

RS 21.6

Expected move 12.6%
Put-call volume 0.56
Volume / OI 0.00
Reference IV 0.75
Max pain 25.00
Underlying 28.47
Nearest expiry 21 Aug 2026
Contracts 164

Research Brief

HELE has a bullish chain read with 44/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 24.87–32.07; The largest call open-interest concentration is 30.00; the largest put concentration is 20.00. The most active strike by current volume is 30.00.

Priced range24.87–32.07
Call concentration30.00
Put concentration20.00
Max pain reference25.00
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 24.87 to 32.07. Max pain at 25.00 sits inside that range, 12.2% below spot.

Spot Max pain
24.8728.47 ± 3.6032.07
Confirmation level

A close beyond 32.07 or below 24.87 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 44/100

Evidence alignment, not probability

Pressure is 31/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure31 × 42%
+13.0

How strongly activity leans toward calls or puts.

Participation2 × 22%
+0.4

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

Trend agreement82 × 26%
+21.4

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

Volatility93 × 10%
+9.3

The intensity of implied volatility and the priced move.

Reconstructed score44.0Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 30.00; the largest put concentration is 20.00. The most active strike by current volume is 30.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
7
7.50-73.7%
10
88
10.00-64.9%
10
245
12.50-56.1%
11
182
15.00-47.3%
18
705
17.50-38.5%
61
1013
20.00-29.8%
269
212
22.50-21.0%
174
194
25.00-12.2%
441
734
30.005.4%
756
212
35.0022.9%
228
0
40.0040.5%
118
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

0.98× front/back

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

0.75 21 Aug 22d
0.59 18 Sep 50d
0.69 20 Nov 113d
0.73 15 Jan 169d
0.73 19 Feb 204d
0.77 21 Jan 540d

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.

25
30
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 directional observations

No independently verifiable option-expiry outcomes have matured yet. Legacy snapshots without a point-in-time market reference and repeated same-session snapshots are deliberately excluded.

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

Usable with limits

C69/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
29 Jul 2026
Calculation
v1.x legacy
Contracts
164 / 164
  • 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

Call-heavy activity with trend alignment

82/100
Primary intent Call-heavy activity with trend alignment

Call concentration and the underlying trend align, but aggregate volume cannot establish whether calls were bought or sold.

Flow vs price divergence Bullish flow confirms price

Options pressure and weekly price action are pointing in the same constructive direction.

Why this matters

Call-heavy activity with trend alignment matters because it connects the options headline to the actual evidence: $1582 of estimated gross traded notional, calls · 22-45 days · otm, 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+31
1W price+1.3%
Call premium72%
Put premium28%
Notional split C 72% / P 28% 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 82/100 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 Calls · 22-45 days · OTM
Calls · 22-45 days · OTM calls cluster with 8 contracts traded, $960 estimated gross traded notional, and 61% of visible notional.
$960
Puts · 22-45 days · OTM puts cluster with 5 contracts traded, $450 estimated gross traded notional, and 28% of visible notional.
$450
Calls · 46-90 days · OTM calls cluster with 1 contracts traded, $172 estimated gross traded notional, and 11% of visible notional.
$172

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

-

1 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.

Baseline: 1 completed session

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close28.47
1W+1.3%
RS21.6
Fair value-52.6%
Options pressure31
Speculation2
Volatility93
Trend fit82

Today Versus Normal

Stored-options context

View history
Expected move 12.6% history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -
IV 0.75 history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -
Put-call 0.56 history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -
Volume/OI 0.00 history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:21 Volatility
Pressure 44
Move 12.7%
30 Jul 04:30 Bullish
Pressure 31
Move 12.6%

Strike Map

Where activity is clustering

Full strike map
Strike7.50
Calls · V 0 · OI 10
Puts · V 0 · OI 7
Strike10.00
Calls · V 0 · OI 10
Puts · V 0 · OI 88
Strike12.50
Calls · V 0 · OI 11
Puts · V 0 · OI 245
Strike15.00
Calls · V 0 · OI 18
Puts · V 0 · OI 182
Strike17.50
Calls · V 0 · OI 61
Puts · V 0 · OI 705
Strike20.00
Calls · V 0 · OI 269
Puts · V 0 · OI 1013
Strike22.50
Calls · V 0 · OI 174
Puts · V 0 · OI 212
Strike25.00
Calls · V 0 · OI 441
Puts · V 5 · OI 194

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts22
Avg IV0.75
Put-call0.63
Expiry18 Sep 2026
Contracts16
Avg IV0.59
Put-call-
Expiry20 Nov 2026
Contracts28
Avg IV0.69
Put-call-
Expiry15 Jan 2027
Contracts54
Avg IV0.73
Put-call-
Expiry19 Feb 2027
Contracts16
Avg IV0.73
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV0.89
Put IV0.81
Skew-0.09
18 Sep 2026Put IV premium
Call IV0.58
Put IV0.79
Skew0.20
20 Nov 2026Balanced skew
Call IV0.72
Put IV0.75
Skew0.03
15 Jan 2027Put IV premium
Call IV0.74
Put IV0.82
Skew0.09
19 Feb 2027Balanced skew
Call IV0.75
Put IV0.75
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractHELE260821C00030000
SideCall
Expiry21 Aug 2026
Strike30.00
Volume8
OI756
IV0.68
ContractHELE260821P00025000
SidePut
Expiry21 Aug 2026
Strike25.00
Volume5
OI194
IV0.81
ContractHELE260918C00030000
SideCall
Expiry18 Sep 2026
Strike30.00
Volume1
OI5
IV0.58
ContractHELE270115C00030000
SideCall
Expiry15 Jan 2027
Strike30.00
Volume-
OI5404
IV0.71
ContractHELE270115P00017500
SidePut
Expiry15 Jan 2027
Strike17.50
Volume-
OI3158
IV0.30
ContractHELE260821P00020000
SidePut
Expiry21 Aug 2026
Strike20.00
Volume-
OI1013
IV0.58
ContractHELE260821P00030000
SidePut
Expiry21 Aug 2026
Strike30.00
Volume-
OI734
IV0.45
ContractHELE260821P00017500
SidePut
Expiry21 Aug 2026
Strike17.50
Volume-
OI705
IV0.78