Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
GM options intelligence
General Motors Company options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
38
Market data through 31 Jul 2026
Checked 2 Aug 2026 00:11 · complete available chain
Options-market disagreement
Mixed pressure
GM currently carries mixed options pressure with a 38/100 conviction score. The nearest-chain expected move is 3.7%, with volume/open-interest participation at 0.02.
Expected move
3.7%
Near-term move context
Activity / OI
0.02
Current volume is quieter versus prior open interest
Put-call
1.06
Balanced tape
Trend fit
95
Options agree with trend context
Weekly backdrop
+7.5%
RS 11.5
Expected move
3.7%
Put-call volume
1.06
Volume / OI
0.02
Reference IV
0.34
Max pain
85.00
Underlying
88.86
Nearest expiry
7 Aug 2026
Contracts
940
Research Brief
GM has a mixed chain read with 38/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 85.60–92.12; The largest call open-interest concentration is 89.00; the largest put concentration is 85.00. The most active strike by current volume is 89.00.
Priced range85.60–92.12
Call concentration89.00
Put concentration85.00
Max pain reference85.00
- A clear directional pressure reading develops and price begins to agree.
- The current chain read already agrees with the stored weekly trend context.
- Volatility falls and the chain remains directionally mixed.
Priced Move
Where the chain says movement becomes exceptional
Options imply 85.60 to 92.12. Max pain at 85.00 lies outside the priced range, so it is a weak near-term anchor.
Spot
Max pain
85.6088.86 ± 3.2692.12
Confirmation level
A close beyond 92.12 or below 85.60 at the 7 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 38/100
Pressure is 1/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure1 × 42%
+0.3
How strongly activity leans toward calls or puts.
Participation40 × 22%
+8.9
Volume relative to existing open interest and contract-level activity.
Trend agreement95 × 26%
+24.7
How closely the chain read agrees with the underlying trend backdrop.
Volatility38 × 10%
+3.8
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 89.00; the largest put concentration is 85.00. The most active strike by current volume is 89.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
379
74.00-16.7%
16
561
78.00-12.2%
57
256
79.00-11.1%
238
237
80.00-10.0%
134
180
81.00-8.8%
155
264
83.00-6.6%
164
216
84.00-5.5%
101
566
85.00-4.3%
423
139
86.00-3.2%
171
156
87.00-2.1%
472
414
88.00-1.0%
353
36
89.000.2%
504
149
90.001.3%
244
115
91.002.4%
335
49
92.003.5%
355
33
94.005.8%
313
25
95.006.9%
335
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Balanced volatility curve
Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.
0.34
7 Aug
7d
0.35
14 Aug
14d
0.34
21 Aug
21d
0.35
28 Aug
28d
0.36
4 Sep
35d
0.36
11 Sep
42d
0.35
18 Sep
49d
0.36
18 Dec
140d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
72
74
75
77
78
80
82
83
85
86
88
90
91
93
94
96
97
98
100
101
105
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
Forward validation is building. The earliest eligible stored read expires 31 Jul 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
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 940 / 940
- 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
Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.
The options read is mixed, so divergence is not strong enough to classify.
Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $1.9M of estimated gross traded notional, calls · 91+ days · itm, 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+1
1W price+7.5%
Call premium77%
Put premium23%
Notional split
C 77% / P 23%
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
95/100
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.
Calls · 91+ days · ITM
calls cluster with 282 contracts traded, $483700 estimated gross traded notional, and 25% of visible notional.
$483700
Calls · 91+ days · OTM
calls cluster with 300 contracts traded, $226698 estimated gross traded notional, and 12% of visible notional.
$226698
Calls · 0-7 days · ITM
calls cluster with 184 contracts traded, $120730 estimated gross traded notional, and 6% of visible notional.
$120730
Calls · 46-90 days · OTM
calls cluster with 558 contracts traded, $118250 estimated gross traded notional, and 6% of visible notional.
$118250
Puts · 8-21 days · ATM
puts cluster with 468 contracts traded, $95926 estimated gross traded notional, and 5% of visible notional.
$95926
Setup Classification
Opportunity and risk frame
Positioning agrees with the Sharemaestro trend backdrop.
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
Close88.86
1W+7.5%
RS11.5
Fair value+66.8%
Options pressure1
Speculation40
Volatility38
Trend fit95
Today Versus Normal
Stored-options context
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:05
Bullish
Pressure 39
Move 9.1%
30 Jul 11:22
Bullish
Pressure 30
Move 7.9%
31 Jul 11:43
Bullish
Pressure 18
Move 6.3%
31 Jul 17:26
Bullish
Pressure 32
Move 6.4%
31 Jul 18:44
Bullish
Pressure 28
Move 7.2%
31 Jul 22:59
Bullish
Pressure 30
Move 7.7%
1 Aug 06:47
Mixed
Pressure 1
Move 7.9%
1 Aug 23:11
Mixed
Pressure 1
Move 3.7%
Strike Map
Where activity is clustering
Strike45.00
Calls · V 0 · OI 6
Puts · V 0 · OI 7
Strike50.00
Calls · V 0 · OI 4
Puts · V 0 · OI 6
Strike55.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike60.00
Calls · V 1 · OI 0
Puts · V 0 · OI 3
Strike64.00
Calls · V 0 · OI 0
Puts · V 0 · OI 34
Strike65.00
Calls · V 0 · OI 1
Puts · V 0 · OI 20
Strike66.00
Calls · V 0 · OI 0
Puts · V 0 · OI 5
Strike67.00
Calls · V 0 · OI 0
Puts · V 0 · OI 3
Term Structure
Expiration activity
Expiry7 Aug 2026
Contracts90
Avg IV0.34
Put-call1.03
Expiry14 Aug 2026
Contracts90
Avg IV0.35
Put-call0.79
Expiry21 Aug 2026
Contracts110
Avg IV0.34
Put-call1.38
Expiry28 Aug 2026
Contracts88
Avg IV0.35
Put-call7.48
Expiry4 Sep 2026
Contracts82
Avg IV0.36
Put-call0.49
Skew
Call/put IV balance
7 Aug 2026Balanced skew
Call IV0.33
Put IV0.35
Skew0.02
14 Aug 2026Balanced skew
Call IV0.33
Put IV0.35
Skew0.02
21 Aug 2026Balanced skew
Call IV0.33
Put IV0.35
Skew0.02
28 Aug 2026Balanced skew
Call IV0.34
Put IV0.37
Skew0.03
4 Sep 2026Balanced skew
Call IV0.41
Put IV0.38
Skew-0.03
Contract Tape
Most active contracts
ContractGM260918C00095000
SideCall
Expiry18 Sep 2026
Strike95.00
Volume389
OI7022
IV0.34
ContractGM260821P00087000
SidePut
Expiry21 Aug 2026
Strike87.00
Volume328
OI230
IV0.34
ContractGM260828P00078000
SidePut
Expiry28 Aug 2026
Strike78.00
Volume299
OI33
IV0.37
ContractGM260918P00080000
SidePut
Expiry18 Sep 2026
Strike80.00
Volume272
OI2986
IV0.37
ContractGM260807P00089000
SidePut
Expiry7 Aug 2026
Strike89.00
Volume218
OI36
IV0.33
ContractGM270115P00060000
SidePut
Expiry15 Jan 2027
Strike60.00
Volume203
OI7436
IV0.41
ContractGM270115P00040000
SidePut
Expiry15 Jan 2027
Strike40.00
Volume200
OI1779
IV0.54
ContractGM260807C00090000
SideCall
Expiry7 Aug 2026
Strike90.00
Volume193
OI244
IV0.34
Research Graph
Related research and context
Sharemaestro research
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Earnings
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.