Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
INTU options intelligence
Intuit Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
31
Market data through 30 Jul 2026
Checked 31 Jul 2026 11:01 · complete available chain
Options-market disagreement
Mixed pressure
INTU currently carries mixed options pressure with a 31/100 conviction score. The nearest-chain expected move is 6.4%, with volume/open-interest participation at 0.07.
Expected move
6.4%
Wider near-term move priced
Activity / OI
0.07
Current volume is quieter versus prior open interest
Put-call
1.05
Balanced tape
Trend fit
56
Options are not fully confirming trend
Weekly backdrop
+6.7%
RS -43.9
Expected move
6.4%
Put-call volume
1.05
Volume / OI
0.07
Reference IV
0.67
Max pain
295.00
Underlying
296.33
Nearest expiry
31 Jul 2026
Contracts
1926
Research Brief
INTU has a mixed 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 277.41–315.25; The largest call open-interest concentration is 330.00; the largest put concentration is 240.00. The most active strike by current volume is 310.00.
Priced range277.41–315.25
Call concentration330.00
Put concentration240.00
Max pain reference295.00
- A clear directional pressure reading develops and price begins to agree.
- Volatility falls and the chain remains directionally mixed.
- 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
Options imply 277.41 to 315.25. Max pain at 295.00 sits inside that range, 0.4% below spot.
Spot
Max pain
277.41296.33 ± 18.92315.25
Confirmation level
A close beyond 315.25 or below 277.41 at the 31 Jul 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
Pressure is 0/100 toward puts; conviction uses its strength, while the signal label carries its direction.
Directional pressure0 × 42%
+0.0
How strongly activity leans toward calls or puts.
Participation42 × 22%
+9.2
Volume relative to existing open interest and contract-level activity.
Trend agreement56 × 26%
+14.5
How closely the chain read agrees with the underlying trend backdrop.
Volatility72 × 10%
+7.2
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 330.00; the largest put concentration is 240.00. The most active strike by current volume is 310.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
600
240.00-19.0%
50
515
245.00-17.3%
3
381
275.00-7.2%
14
281
285.00-3.8%
86
63
292.50-1.3%
405
142
300.001.2%
313
87
305.002.9%
284
155
310.004.6%
520
72
315.006.3%
379
15
317.507.1%
457
167
320.008.0%
502
50
325.009.7%
579
83
330.0011.4%
970
103
335.0013.0%
391
36
340.0014.7%
591
4
345.0016.4%
466
1
350.0018.1%
703
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Front-loaded volatility
Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.
0.67
31 Jul
1d
0.61
7 Aug
8d
0.59
14 Aug
15d
0.66
21 Aug
22d
0.70
28 Aug
29d
0.66
4 Sep
36d
0.64
11 Sep
43d
0.63
18 Sep
50d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
238
243
250
255
260
268
273
278
285
290
298
303
308
315
320
325
333
338
343
350
355
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
Usable with limits
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 30 Jul 2026
- Calculation
- v2.0
- Contracts
- 1926 / 1926
- 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
Earnings/event positioning
Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.
The options read is mixed, so divergence is not strong enough to classify.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $22.4M of estimated gross traded notional, puts · 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-0
1W price+6.7%
Call premium37%
Put premium63%
Notional split
C 37% / P 63%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.07
Volume divided by open interest across the visible chain.
Trend fit
56/100
Agreement between options pressure and Sharemaestro market context.
Event window
20 Aug
Matched earnings event is 19 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Puts · 91+ days · ITM
puts cluster with 431 contracts traded, $8.8M estimated gross traded notional, and 39% of visible notional.
$8.8M
Calls · 91+ days · OTM
calls cluster with 802 contracts traded, $2.4M estimated gross traded notional, and 11% of visible notional.
$2.4M
Calls · 0-7 days · OTM
calls cluster with 3330 contracts traded, $1.6M estimated gross traded notional, and 7% of visible notional.
$1.6M
Calls · 46-90 days · OTM
calls cluster with 529 contracts traded, $955902 estimated gross traded notional, and 4% of visible notional.
$955902
Puts · 46-90 days · ATM
puts cluster with 453 contracts traded, $904700 estimated gross traded notional, and 4% of visible notional.
$904700
Setup Classification
Opportunity and risk frame
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Underlying price is close to the max-pain zone.
Activity Anomaly
Warming up
2 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 2 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close316.07
1W+6.7%
RS-43.9
Fair value-45.4%
Options pressure0
Speculation42
Volatility72
Trend fit56
Today Versus Normal
Stored-options context
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:03
Mixed
Pressure 17
Move 6.6%
30 Jul 10:02
Bullish
Pressure 30
Move 12.5%
31 Jul 10:01
Mixed
Pressure 0
Move 6.4%
Strike Map
Where activity is clustering
Strike160.00
Calls · V 0 · OI 2
Puts · V 0 · OI 1
Strike165.00
Calls · V 0 · OI 1
Puts · V 0 · OI 120
Strike170.00
Calls · V 0 · OI 0
Puts · V 1 · OI 71
Strike175.00
Calls · V 0 · OI 0
Puts · V 0 · OI 39
Strike180.00
Calls · V 0 · OI 0
Puts · V 1 · OI 37
Strike185.00
Calls · V 0 · OI 0
Puts · V 0 · OI 233
Strike190.00
Calls · V 0 · OI 0
Puts · V 0 · OI 230
Strike195.00
Calls · V 0 · OI 0
Puts · V 1 · OI 54
Term Structure
Expiration activity
Expiry31 Jul 2026
Contracts162
Avg IV0.67
Put-call0.69
Expiry7 Aug 2026
Contracts158
Avg IV0.61
Put-call1.10
Expiry14 Aug 2026
Contracts160
Avg IV0.59
Put-call2.68
Expiry21 Aug 2026
Contracts128
Avg IV0.66
Put-call1.25
Expiry28 Aug 2026
Contracts106
Avg IV0.70
Put-call2.28
Skew
Call/put IV balance
31 Jul 2026Put IV premium
Call IV0.68
Put IV1.04
Skew0.36
7 Aug 2026Put IV premium
Call IV0.57
Put IV0.63
Skew0.06
14 Aug 2026Balanced skew
Call IV0.53
Put IV0.58
Skew0.05
21 Aug 2026Balanced skew
Call IV0.62
Put IV0.66
Skew0.04
28 Aug 2026Balanced skew
Call IV0.66
Put IV0.70
Skew0.04
Contract Tape
Most active contracts
ContractINTU260731P00310000
SidePut
Expiry31 Jul 2026
Strike310.00
Volume704
OI155
IV0.68
ContractINTU260731C00310000
SideCall
Expiry31 Jul 2026
Strike310.00
Volume696
OI520
IV0.76
ContractINTU260731C00320000
SideCall
Expiry31 Jul 2026
Strike320.00
Volume587
OI502
IV0.69
ContractINTU260918P00300000
SidePut
Expiry18 Sep 2026
Strike300.00
Volume310
OI1844
IV0.63
ContractINTU280121C00600000
SideCall
Expiry21 Jan 2028
Strike600.00
Volume250
OI418
IV0.53
ContractINTU260807P00302500
SidePut
Expiry7 Aug 2026
Strike302.50
Volume241
OI3
IV0.61
ContractINTU260807C00315000
SideCall
Expiry7 Aug 2026
Strike315.00
Volume221
OI168
IV0.58
ContractINTU260807P00300000
SidePut
Expiry7 Aug 2026
Strike300.00
Volume193
OI140
IV0.62
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
No recent market-watch posts yet.
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.