Ticker Options Intelligence

MCK options intelligence

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

Conviction 40 Market data through 29 Jul 2026 Checked 30 Jul 2026 02:12 · complete available chain

Call-side pressure

Bullish pressure

MCK currently carries bullish options pressure with a 40/100 conviction score. The nearest-chain expected move is 9.3%, with volume/open-interest participation at 0.03.

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

Call-side pressure

Expected move 9.3%

Wider near-term move priced

Activity / OI 0.03

Current volume is quieter versus prior open interest

Put-call 0.40

Call-side skew

Trend fit 14

Options are not fully confirming trend

Weekly backdrop -0.1%

RS -3.7

Expected move 9.3%
Put-call volume 0.40
Volume / OI 0.03
Reference IV 0.38
Max pain 800.00
Underlying 840.90
Nearest expiry 21 Aug 2026
Contracts 1316

Options Intent Radar

Earnings/event positioning

73/100
Primary intent Earnings/event positioning

Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.

Flow vs price divergence Bullish flow before price confirmation

Call-side pressure is building before a meaningful weekly price response.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $2.7M of estimated gross traded notional, calls · 91+ days · atm, and a bullish flow before price confirmation backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+49
1W price-0.1%
Call premium83%
Put premium17%
Notional split C 83% / P 17% 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 14/100 Agreement between options pressure and Sharemaestro market context.
Event window 5 Aug Matched earnings event is 6 days away.
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 · ATM
Calls · 91+ days · ATM calls cluster with 68 contracts traded, $888740 estimated gross traded notional, and 33% of visible notional.
$888740
Calls · 91+ days · OTM calls cluster with 100 contracts traded, $513025 estimated gross traded notional, and 19% of visible notional.
$513025
Calls · 91+ days · ITM calls cluster with 16 contracts traded, $457160 estimated gross traded notional, and 17% of visible notional.
$457160
Puts · 91+ days · OTM puts cluster with 67 contracts traded, $332605 estimated gross traded notional, and 12% of visible notional.
$332605
Calls · 22-45 days · OTM calls cluster with 70 contracts traded, $126150 estimated gross traded notional, and 5% of visible notional.
$126150

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

33

Activity is broadly in line with recent stored snapshots.

Volume rank0th
Volume/OI rank0th
IV rank100th

Market Context

Underlying confirmation

Sharemaestro weekly
Close840.90
1W-0.1%
RS-3.7
Fair value+31.5%
Options pressure49
Speculation41
Volatility64
Trend fit14

Today Versus Normal

Stored-options context

View history
Expected move 9.3% muted
30d avg 9.4% · 1 read 0th
90d avg 9.4% · 1 read 0th
180d avg 9.4% · 1 read 0th
IV 0.38 elevated
30d avg 0.37 · 1 read 100th
90d avg 0.37 · 1 read 100th
180d avg 0.37 · 1 read 100th
Put-call 0.40 elevated
30d avg 0.29 · 1 read 100th
90d avg 0.29 · 1 read 100th
180d avg 0.29 · 1 read 100th
Volume/OI 0.03 muted
30d avg 0.03 · 1 read 0th
90d avg 0.03 · 1 read 0th
180d avg 0.03 · 1 read 0th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:03 Bullish
Pressure 61
Move 9.4%
30 Jul 01:12 Bullish
Pressure 49
Move 9.3%

Strike Map

Where activity is clustering

Full strike map
Strike520.00
Calls · V 0 · OI 0
Puts · V 0 · OI 3
Strike540.00
Calls · V 0 · OI 0
Puts · V 0 · OI 4
Strike560.00
Calls · V 0 · OI 0
Puts · V 0 · OI 4
Strike570.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike580.00
Calls · V 0 · OI 0
Puts · V 0 · OI 9
Strike590.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike600.00
Calls · V 0 · OI 6
Puts · V 0 · OI 7
Strike610.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts140
Avg IV0.38
Put-call0.59
Expiry18 Sep 2026
Contracts186
Avg IV0.33
Put-call0.22
Expiry20 Nov 2026
Contracts112
Avg IV0.32
Put-call-
Expiry18 Dec 2026
Contracts176
Avg IV0.31
Put-call0.29
Expiry15 Jan 2027
Contracts170
Avg IV0.31
Put-call0.14

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.34
Put IV0.36
Skew0.02
18 Sep 2026Balanced skew
Call IV0.30
Put IV0.34
Skew0.04
20 Nov 2026Balanced skew
Call IV0.29
Put IV0.32
Skew0.03
18 Dec 2026Balanced skew
Call IV0.29
Put IV0.32
Skew0.03
15 Jan 2027Balanced skew
Call IV0.28
Put IV0.31
Skew0.03

Contract Tape

Most active contracts

Full contract tape
ContractMCK280121P00760000
SidePut
Expiry21 Jan 2028
Strike760.00
Volume50
OI9
IV0.34
ContractMCK260918C01050000
SideCall
Expiry18 Sep 2026
Strike1050.00
Volume40
OI4
IV0.33
ContractMCK270319C00840000
SideCall
Expiry19 Mar 2027
Strike840.00
Volume27
OI17
IV0.33
ContractMCK260821C01000000
SideCall
Expiry21 Aug 2026
Strike1000.00
Volume20
OI200
IV0.38
ContractMCK270219C00820000
SideCall
Expiry19 Feb 2027
Strike820.00
Volume20
OI20
IV0.34
ContractMCK260821C00950000
SideCall
Expiry21 Aug 2026
Strike950.00
Volume17
OI93
IV0.34
ContractMCK270319C01100000
SideCall
Expiry19 Mar 2027
Strike1100.00
Volume16
OI25
IV0.29
ContractMCK260821P00800000
SidePut
Expiry21 Aug 2026
Strike800.00
Volume14
OI86
IV0.38