Ticker Options Intelligence

SCI options intelligence

Service Corporation International options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 31 Market data through 31 Jul 2026 Checked 1 Aug 2026 10:45 · complete available chain

Call-side pressure

Bullish pressure

SCI currently carries bullish options pressure with a 31/100 conviction score. The nearest-chain expected move is 6.7%, with volume/open-interest participation at 0.01.

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

Call-side pressure

Expected move 6.7%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 0.64

Call-side skew

Trend fit 35

Options are not fully confirming trend

Weekly backdrop +4.7%

RS -0.2

Expected move 6.7%
Put-call volume 0.64
Volume / OI 0.01
Reference IV 0.26
Max pain 80.00
Underlying 82.33
Nearest expiry 21 Aug 2026
Contracts 238

Research Brief

SCI has a bullish chain read with 31/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 76.86–87.80; The largest call open-interest concentration is 85.00; the largest put concentration is 77.50. The most active strike by current volume is 95.00.

Priced range76.86–87.80
Call concentration85.00
Put concentration77.50
Max pain reference80.00
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.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 76.86 to 87.80. Max pain at 80.00 sits inside that range, 2.8% below spot.

Spot Max pain
76.8682.33 ± 5.4787.80
Confirmation level

A close beyond 87.80 or below 76.86 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 31/100

Evidence alignment, not probability

Pressure is 30/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure30 × 42%
+12.4

How strongly activity leans toward calls or puts.

Participation24 × 22%
+5.3

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

Trend agreement35 × 26%
+9.2

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

Volatility45 × 10%
+4.5

The intensity of implied volatility and the priced move.

Reconstructed score31.4Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 85.00; the largest put concentration is 77.50. The most active strike by current volume is 95.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
55.00-33.2%
0
0
60.00-27.1%
0
0
65.00-21.0%
0
3
67.50-18.0%
0
5
70.00-15.0%
0
4
72.50-11.9%
0
34
75.00-8.9%
1
40
77.50-5.9%
27
14
80.00-2.8%
344
24
82.500.2%
550
0
85.003.2%
1192
0
87.506.3%
108
5
90.009.3%
762
1
92.5012.4%
5
0
95.0015.4%
5
0
100.0021.5%
0
0
105.0027.5%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

0.92× front/back

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

0.26 21 Aug 21d
0.26 18 Sep 49d
0.30 18 Dec 140d
0.29 15 Jan 168d
0.29 19 Mar 231d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

Comparable upside calls and downside puts carry broadly similar implied volatility.

68
70
73
75
78
80
83
85
88
90
93
95
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
238 / 238
  • 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

72/100
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 Bullish flow confirms price

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

Why this matters

Put-heavy activity matters because it connects the options headline to the actual evidence: $33118 of estimated gross traded notional, puts · 91+ 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+30
1W price+4.7%
Call premium14%
Put premium86%
Notional split C 14% / P 86% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.01 Volume divided by open interest across the visible chain.
Trend fit 35/100 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 · 91+ days · ITM
Puts · 91+ days · ITM puts cluster with 28 contracts traded, $21720 estimated gross traded notional, and 66% of visible notional.
$21720
Puts · 91+ days · OTM puts cluster with 12 contracts traded, $4062 estimated gross traded notional, and 12% of visible notional.
$4062
Puts · 8-21 days · ITM puts cluster with 5 contracts traded, $2125 estimated gross traded notional, and 6% of visible notional.
$2125
Calls · 46-90 days · OTM calls cluster with 44 contracts traded, $1650 estimated gross traded notional, and 5% of visible notional.
$1650
Calls · 8-21 days · OTM calls cluster with 26 contracts traded, $1645 estimated gross traded notional, and 5% of visible notional.
$1645

Setup Classification

Opportunity and risk frame

Context, not advice
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
Close86.19
1W+4.7%
RS-0.2
Fair value+17.1%
Options pressure30
Speculation24
Volatility45
Trend fit35

Today Versus Normal

Stored-options context

View history
Expected move 6.7% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.26 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.64 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.01 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 10:27 Bullish
Pressure 55
Move 8.0%
30 Jul 13:13 Bullish
Pressure 100
Move 6.9%
31 Jul 08:42 Bearish
Pressure -48
Move 6.6%
31 Jul 18:57 Bullish
Pressure 25
Move 8.2%
1 Aug 09:45 Bullish
Pressure 30
Move 6.7%

Strike Map

Where activity is clustering

Full strike map
Strike55.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike60.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike67.50
Calls · V 0 · OI 0
Puts · V 0 · OI 3
Strike70.00
Calls · V 0 · OI 0
Puts · V 0 · OI 5
Strike72.50
Calls · V 0 · OI 0
Puts · V 0 · OI 4
Strike75.00
Calls · V 0 · OI 1
Puts · V 0 · OI 34
Strike77.50
Calls · V 0 · OI 27
Puts · V 0 · OI 40

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts36
Avg IV0.26
Put-call0.19
Expiry18 Sep 2026
Contracts48
Avg IV0.26
Put-call0.05
Expiry18 Dec 2026
Contracts52
Avg IV0.30
Put-call13.50
Expiry15 Jan 2027
Contracts54
Avg IV0.29
Put-call-
Expiry19 Mar 2027
Contracts48
Avg IV0.29
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV0.26
Put IV0.14
Skew-0.12
18 Sep 2026Balanced skew
Call IV0.27
Put IV0.30
Skew0.03
18 Dec 2026Put IV premium
Call IV0.26
Put IV0.32
Skew0.06
15 Jan 2027Balanced skew
Call IV0.27
Put IV0.31
Skew0.04
19 Mar 2027Balanced skew
Call IV0.27
Put IV0.31
Skew0.04

Contract Tape

Most active contracts

Full contract tape
ContractSCI260918C00100000
SideCall
Expiry18 Sep 2026
Strike100.00
Volume44
OI61
IV0.29
ContractSCI260821C00095000
SideCall
Expiry21 Aug 2026
Strike95.00
Volume15
OI5
IV0.16
ContractSCI261218P00087500
SidePut
Expiry18 Dec 2026
Strike87.50
Volume12
OI-
IV0.28
ContractSCI261218P00092500
SidePut
Expiry18 Dec 2026
Strike92.50
Volume12
OI-
IV0.31
ContractSCI270115P00080000
SidePut
Expiry15 Jan 2027
Strike80.00
Volume11
OI16
IV0.30
ContractSCI260821C00087500
SideCall
Expiry21 Aug 2026
Strike87.50
Volume6
OI108
IV0.28
ContractSCI260821P00090000
SidePut
Expiry21 Aug 2026
Strike90.00
Volume5
OI5
IV0.23
ContractSCI260821C00090000
SideCall
Expiry21 Aug 2026
Strike90.00
Volume3
OI762
IV0.26