Ticker Options Intelligence

PRE options intelligence

Prenetics Global Ltd options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 53 Market data through 11 Aug 2026 Checked 12 Aug 2026 14:24 · complete available chain

Call-side pressure

Bullish pressure

PRE currently carries bullish options pressure with a 53/100 conviction score. The nearest-chain expected move is 8.0%, with volume/open-interest participation at 0.03.

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

Call-side pressure

Expected move 8.0%

Wider near-term move priced

Activity / OI 0.03

Current volume is quieter versus prior open interest

Put-call 0.00

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop -2.0%

RS -0.9

Expected move 8.0%
Put-call volume -
Volume / OI 0.03
Reference IV 0.49
Max pain 20.00
Underlying 18.26
Nearest expiry 21 Aug 2026
Contracts 90

Research Brief

PRE has a bullish chain read with 53/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 16.79–19.73; The largest call open-interest concentration is 25.00; the largest put concentration is 17.50. The most active strike by current volume is 5.00.

Priced range16.79–19.73
Call concentration25.00
Put concentration17.50
Max pain reference20.00
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 16.79 to 19.73. Max pain at 20.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
16.7918.26 ± 1.4719.73
Confirmation level

A close beyond 19.73 or below 16.79 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 53/100

Evidence alignment, not probability

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

Directional pressure100 × 42%
+42.0

How strongly activity leans toward calls or puts.

Participation21 × 22%
+4.7

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

Trend agreement0 × 26%
+0.0

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

Volatility66 × 10%
+6.6

The intensity of implied volatility and the priced move.

Reconstructed score53.3Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 25.00; the largest put concentration is 17.50. The most active strike by current volume is 5.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
5.00-72.6%
0
5
7.50-58.9%
2
1
10.00-45.2%
2
0
12.50-31.5%
1
5
15.00-17.9%
3
49
17.50-4.2%
2
47
20.009.5%
130
5
22.5023.2%
202
0
25.0036.9%
658
0
30.0064.3%
1
0
35.0091.7%
2
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Positive gamma proxy

Reported + model-estimated Greeks · 100% coverage

Call-side gamma sensitivity outweighs the put-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.

Net profile+$26,013Delta change / 1% move
Positive peak20.00+$15,609
Negative peak-No negative strike
Nearest balance-Interpolated sign change
StrikeNegativePositiveNet / 1% move
2.50-86.3%
+$0
5.00-72.6%
+$4
7.50-58.9%
+$1
10.00-45.2%
+$302
12.50-31.5%
+$229
15.00-17.9%
+$22
17.50-4.2%
+$2,604
20.009.5%
+$15,609
22.5023.2%
+$2,339
25.0036.9%
+$4,612
30.0064.3%
+$199
35.0091.7%
+$90
40.00119.1%
+$1
Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike

Scenario proxy = gamma × open interest × 100 shares × spot² × 1%. Calls are positive and puts negative by convention. Missing Greeks use a Black-Scholes estimate from stored IV with zero rate and dividend assumptions. Open interest does not reveal who is long or short, so this is not observed dealer positioning or a forecast.

Volatility Curve

Back-loaded volatility

0.51× front/back

Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.

0.49 21 Aug 10d
0.61 18 Sep 38d
0.93 20 Nov 101d
0.95 19 Feb 192d

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.

15
18
20
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 matured · 0 directional

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
  • Auditable calculationoriginal version retained
  • Independent entryone read per market session
  • Point-in-time referencerequired at entry
  • Matched expiry closereported only after maturity

Eligible snapshots must have a dated market session, stored signal, and point-in-time market reference. Each observation uses one read per market session and the first stored weekly close on or immediately after expiry; its original calculation version is retained. 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
11 Aug 2026
Calculation
v2.0
Contracts
90 / 90
  • 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

Directional flow, confirmation needed

39/100
Primary intent Directional flow, confirmation needed

There is useful activity, but aggregate chain data does not isolate participant intent.

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

Directional flow, confirmation needed matters because it connects the options headline to the actual evidence: $64,000 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+100
1W price-2.0%
Call premium100%
Put premium0%
Notional split C 100% / P 0% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.03 Volume divided by open interest across the visible chain.
Trend fit 0/100 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 · 91+ days · ITM
Calls · 91+ days · ITM calls cluster with 75 contracts traded, $64,000 estimated gross traded notional, and 100% of visible notional.
$64,000

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.

Warning Bullish pressure over fair value

Call pressure is building while the stock sits above Sharemaestro fair value.

Activity Anomaly

Normal range

53

Activity is broadly in line with recent stored snapshots.

Baseline: 10 completed sessions

Volume rank80th
Volume/OI rank80th
IV rank0th

Market Context

Underlying confirmation

Sharemaestro weekly
Close18.26
1W-2.0%
RS-0.9
Fair value+99.8%
Options pressure100
Speculation21
Volatility66
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 8.0% muted
30d avg 16.7% · 10 sessions 0th
90d avg - · 10/30 sessions -
180d avg - · 10/60 sessions -
IV 0.49 muted
30d avg 0.77 · 10 sessions 0th
90d avg - · 10/30 sessions -
180d avg - · 10/60 sessions -
Put-call 0.00 history building
30d avg - · 8/10 sessions -
90d avg - · 8/30 sessions -
180d avg - · 8/60 sessions -
Volume/OI 0.03 elevated
30d avg 0.02 · 10 sessions 80th
90d avg - · 10/30 sessions -
180d avg - · 10/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:36 Volatility
Pressure 100
Move 20.1%
30 Jul 11:16 Volatility
Pressure 81
Move 21.5%
31 Jul 10:51 Bearish
Pressure -22
Move 16.4%
2 Aug 02:18 Mixed
Pressure 11
Move 15.9%
4 Aug 02:16 Volatility
Pressure 100
Move 12.9%
5 Aug 10:35 Volatility
Pressure 100
Move 15.2%
6 Aug 10:50 Mixed
Pressure 11
Move 14.7%
7 Aug 12:24 Volatility
Pressure 100
Move 14.9%

Strike Map

Where activity is clustering

Full strike map
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike7.50
Calls · V 0 · OI 2
Puts · V 0 · OI 5
Strike10.00
Calls · V 0 · OI 2
Puts · V 0 · OI 1
Strike12.50
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike15.00
Calls · V 0 · OI 3
Puts · V 0 · OI 5
Strike17.50
Calls · V 0 · OI 2
Puts · V 0 · OI 49
Strike20.00
Calls · V 0 · OI 130
Puts · V 0 · OI 47
Strike22.50
Calls · V 0 · OI 202
Puts · V 0 · OI 5

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts22
Avg IV0.49
Put-call-
Expiry18 Sep 2026
Contracts20
Avg IV0.61
Put-call-
Expiry20 Nov 2026
Contracts26
Avg IV0.93
Put-call-
Expiry19 Feb 2027
Contracts22
Avg IV0.95
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.17
Put IV0.27
Skew0.10
18 Sep 2026Put IV premium
Call IV0.08
Put IV0.14
Skew0.06
20 Nov 2026Put IV premium
Call IV1.38
Put IV1.58
Skew0.20
19 Feb 2027Balanced skew
Call IV0.95
Put IV0.96
Skew0.01

Contract Tape

Most active contracts

Full contract tape
ContractPRE270219C00012500
SideCall
Expiry19 Feb 2027
Strike12.50
Volume65
OI25
IV1.02
ContractPRE261120C00012500
SideCall
Expiry20 Nov 2026
Strike12.50
Volume10
OI11
IV1.23
ContractPRE260821C00025000
SideCall
Expiry21 Aug 2026
Strike25.00
Volume-
OI658
IV0.72
ContractPRE261120C00020000
SideCall
Expiry20 Nov 2026
Strike20.00
Volume-
OI517
IV0.96
ContractPRE270219C00017500
SideCall
Expiry19 Feb 2027
Strike17.50
Volume-
OI300
IV0.92
ContractPRE260821C00022500
SideCall
Expiry21 Aug 2026
Strike22.50
Volume-
OI202
IV0.47
ContractPRE261120C00025000
SideCall
Expiry20 Nov 2026
Strike25.00
Volume-
OI144
IV1.29
ContractPRE260821C00020000
SideCall
Expiry21 Aug 2026
Strike20.00
Volume-
OI130
IV0.17

Evidence context