Ticker Options Intelligence

CLAR options intelligence

Clarus Corp options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 41 Market data through 31 Jul 2026 Checked 31 Jul 2026 21:28 · complete available chain

Call-side pressure

Bullish pressure

CLAR currently carries bullish options pressure with a 41/100 conviction score. The nearest-chain expected move is 25.3%, with volume/open-interest participation at 0.11.

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

Call-side pressure

Expected move 25.3%

Wider near-term move priced

Activity / OI 0.11

Current volume is quieter versus prior open interest

Put-call 0.28

Call-side skew

Trend fit 7

Options are not fully confirming trend

Weekly backdrop -1.5%

RS -9.5

Expected move 25.3%
Put-call volume 0.28
Volume / OI 0.11
Reference IV 2.25
Max pain 3.00
Underlying 3.26
Nearest expiry 21 Aug 2026
Contracts 18

Research Brief

CLAR has a bullish chain read with 41/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 2.43–4.09; The largest call open-interest concentration is 4.00; the largest put concentration is 3.00. The most active strike by current volume is 4.00.

Priced range2.43–4.09
Call concentration4.00
Put concentration3.00
Max pain reference3.00
What would confirm it
  • Price holds or improves while call-side concentration remains elevated.
What would weaken it
  • Price weakens while call pressure fades or reverses toward puts.
  • Options and the weekly trend are not yet giving the same message.
  • 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

Size, not direction · through 21 Aug

Options imply 2.43 to 4.09. Max pain at 3.00 sits inside that range, 8.0% below spot.

Spot Max pain
2.433.26 ± 0.834.09
Confirmation level

A close beyond 4.09 or below 2.43 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 41/100

Evidence alignment, not probability

Pressure is 67/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure67 × 42%
+28.2

How strongly activity leans toward calls or puts.

Participation6 × 22%
+1.3

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

Trend agreement7 × 26%
+1.8

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

Volatility96 × 10%
+9.6

The intensity of implied volatility and the priced move.

Reconstructed score40.9Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 4.00; the largest put concentration is 3.00. The most active strike by current volume is 4.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
1.00-69.3%
20
40
2.00-38.7%
0
297
3.00-8.0%
40
0
4.0022.7%
1280
29
5.0053.4%
74
0
6.0084.0%
0
0
7.00114.7%
3
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

3.28× front/back

Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.

2.25 21 Aug 21d
0.69 20 Nov 112d

Volatility by Strike

Smile incomplete

Nearest expiry, within 20% of spot

There is not enough comparable OTM call and put volatility to classify the smile.

3
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

A92/100
Retained chain100%
Implied volatility100%
Two-sided quotes94%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
18 / 18
  • 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

Multi-expiry position-maintenance candidate

65/100
Primary intent Multi-expiry position-maintenance candidate

Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.

Flow vs price divergence Bullish flow against weak price

Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.

Why this matters

Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $20602 of estimated gross traded notional, calls · 91+ days · itm, and a bullish flow against weak price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+67
1W price-1.5%
Call premium74%
Put premium26%
Notional split C 74% / P 26% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.11 Volume divided by open interest across the visible chain.
Trend fit 7/100 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. Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.
Conviction clusters Calls · 91+ days · ITM
Calls · 91+ days · ITM calls cluster with 73 contracts traded, $12880 estimated gross traded notional, and 63% of visible notional.
$12880
Puts · 8-21 days · ITM puts cluster with 13 contracts traded, $3185 estimated gross traded notional, and 15% of visible notional.
$3185
Puts · 8-21 days · OTM puts cluster with 60 contracts traded, $2025 estimated gross traded notional, and 10% of visible notional.
$2025
Calls · 8-21 days · ITM calls cluster with 15 contracts traded, $1245 estimated gross traded notional, and 6% of visible notional.
$1245
Calls · 8-21 days · OTM calls cluster with 202 contracts traded, $1015 estimated gross traded notional, and 5% of visible notional.
$1015

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.

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
Close3.21
1W-1.5%
RS-9.5
Fair value-27.0%
Options pressure67
Speculation6
Volatility96
Trend fit7

Today Versus Normal

Stored-options context

View history
Expected move 25.3% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 2.25 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.28 history building
30d avg - · 1/10 sessions -
90d avg - · 1/30 sessions -
180d avg - · 1/60 sessions -
Volume/OI 0.11 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 11:44 Mixed
Pressure 11
Move 29.1%
30 Jul 11:23 Mixed
Pressure 11
Move 26.8%
30 Jul 14:06 Bullish
Pressure 67
Move 26.1%
31 Jul 15:56 Bullish
Pressure 67
Move 25.3%
31 Jul 20:28 Bullish
Pressure 67
Move 25.3%

Strike Map

Where activity is clustering

Full strike map
Strike1.00
Calls · V 2 · OI 20
Puts · V 0 · OI 0
Strike2.00
Calls · V 5 · OI 0
Puts · V 10 · OI 40
Strike3.00
Calls · V 8 · OI 40
Puts · V 50 · OI 297
Strike4.00
Calls · V 200 · OI 1280
Puts · V 0 · OI 0
Strike5.00
Calls · V 1 · OI 74
Puts · V 13 · OI 29
Strike6.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike7.00
Calls · V 1 · OI 3
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts10
Avg IV2.25
Put-call0.34
Expiry20 Nov 2026
Contracts8
Avg IV0.69
Put-call0.11

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV2.01
Put IV1.56
Skew-0.45
20 Nov 2026Call IV premium
Call IV0.71
Put IV0.03
Skew-0.67

Contract Tape

Most active contracts

Full contract tape
ContractCLAR261120P00004000
SidePut
Expiry20 Nov 2026
Strike4.00
Volume-
OI3
IV0.97
ContractCLAR260821C00006000
SideCall
Expiry21 Aug 2026
Strike6.00
Volume-
OI-
IV0.50
ContractCLAR260821C00004000
SideCall
Expiry21 Aug 2026
Strike4.00
Volume200
OI1280
IV2.01
ContractCLAR261120C00001000
SideCall
Expiry20 Nov 2026
Strike1.00
Volume70
OI-
IV0.00
ContractCLAR260821P00003000
SidePut
Expiry21 Aug 2026
Strike3.00
Volume50
OI297
IV1.56
ContractCLAR260821P00005000
SidePut
Expiry21 Aug 2026
Strike5.00
Volume13
OI29
IV3.59
ContractCLAR260821P00002000
SidePut
Expiry21 Aug 2026
Strike2.00
Volume10
OI40
IV3.48
ContractCLAR260821C00003000
SideCall
Expiry21 Aug 2026
Strike3.00
Volume8
OI40
IV1.10