Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
ATR options intelligence
AptarGroup Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
47
Market data through 30 Jul 2026
Checked 31 Jul 2026 10:50 · complete available chain
Call-side pressure
Bullish pressure
ATR currently carries bullish options pressure with a 47/100 conviction score. The nearest-chain expected move is 8.3%, with volume/open-interest participation at 0.03.
Expected move
8.3%
Wider near-term move priced
Activity / OI
0.03
Current volume is quieter versus prior open interest
Put-call
0.14
Call-side skew
Trend fit
0
Options are not fully confirming trend
Weekly backdrop
+1.6%
RS -3.1
Expected move
8.3%
Put-call volume
0.14
Volume / OI
0.03
Reference IV
0.43
Max pain
125.00
Underlying
132.36
Nearest expiry
21 Aug 2026
Contracts
196
Research Brief
ATR has a bullish chain read with 47/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 121.36–143.36; The largest call open-interest concentration is 125.00; the largest put concentration is 110.00. The most active strike by current volume is 125.00.
Priced range121.36–143.36
Call concentration125.00
Put concentration110.00
Max pain reference125.00
- Price holds or improves while call-side concentration remains elevated.
- Price weakens while call pressure fades or reverses toward puts.
- 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 121.36 to 143.36. Max pain at 125.00 sits inside that range, 5.6% below spot.
Spot
Max pain
121.36132.36 ± 11.00143.36
Confirmation level
A close beyond 143.36 or below 121.36 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 47/100
Pressure is 85/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure85 × 42%
+35.7
How strongly activity leans toward calls or puts.
Participation21 × 22%
+4.6
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.
Volatility63 × 10%
+6.3
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 125.00; the largest put concentration is 110.00. The most active strike by current volume is 125.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
65.00-50.9%
0
2
95.00-28.2%
1
1
100.00-24.4%
0
2
105.00-20.7%
0
26
110.00-16.9%
1
1
115.00-13.1%
0
2
120.00-9.3%
5
13
125.00-5.6%
301
5
130.00-1.8%
4
4
135.002.0%
34
5
140.005.8%
16
0
145.009.5%
15
0
150.0013.3%
12
0
155.0017.1%
201
0
160.0020.9%
5
0
165.0024.7%
0
0
170.0028.4%
31
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.
0.43
21 Aug
22d
0.33
18 Sep
50d
0.32
20 Nov
113d
0.31
19 Feb
204d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
110
115
120
125
130
135
140
145
150
155
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
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
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
- 196 / 196
- 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.
Options pressure and weekly price action are pointing in the same constructive direction.
Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $23259 of estimated gross traded notional, calls · 8-21 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+85
1W price+1.6%
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
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.
Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.
Calls · 8-21 days · ITM
calls cluster with 10 contracts traded, $11400 estimated gross traded notional, and 49% of visible notional.
$11400
Calls · 8-21 days · ATM
calls cluster with 10 contracts traded, $7950 estimated gross traded notional, and 34% of visible notional.
$7950
Puts · 91+ days · ITM
puts cluster with 1 contracts traded, $2800 estimated gross traded notional, and 12% of visible notional.
$2800
Puts · 46-90 days · ATM
puts cluster with 2 contracts traded, $1085 estimated gross traded notional, and 5% of visible notional.
$1085
Calls · 8-21 days · OTM
calls cluster with 1 contracts traded, $24 estimated gross traded notional, and 0% of visible notional.
$24
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.
Options positioning is not confirming the underlying trend context.
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
Close133.96
1W+1.6%
RS-3.1
Fair value-2.0%
Options pressure85
Speculation21
Volatility63
Trend fit0
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 10:32
Bullish
Pressure 100
Move 9.9%
30 Jul 10:30
Bullish
Pressure 100
Move 8.8%
30 Jul 15:30
Bullish
Pressure 88
Move 8.2%
30 Jul 19:54
Bullish
Pressure 87
Move 8.3%
31 Jul 09:50
Bullish
Pressure 85
Move 8.3%
Strike Map
Where activity is clustering
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike70.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike75.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike80.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike85.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike90.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike95.00
Calls · V 0 · OI 1
Puts · V 0 · OI 2
Strike100.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts54
Avg IV0.43
Put-call-
Expiry18 Sep 2026
Contracts46
Avg IV0.33
Put-call-
Expiry20 Nov 2026
Contracts46
Avg IV0.32
Put-call-
Expiry19 Feb 2027
Contracts50
Avg IV0.31
Put-call-
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV0.40
Put IV0.46
Skew0.07
18 Sep 2026Balanced skew
Call IV0.30
Put IV0.34
Skew0.04
20 Nov 2026Balanced skew
Call IV0.29
Put IV0.33
Skew0.04
19 Feb 2027Balanced skew
Call IV0.29
Put IV0.33
Skew0.04
Contract Tape
Most active contracts
ContractATR260821C00125000
SideCall
Expiry21 Aug 2026
Strike125.00
Volume10
OI301
IV0.45
ContractATR260821C00130000
SideCall
Expiry21 Aug 2026
Strike130.00
Volume10
OI4
IV0.43
ContractATR260918P00135000
SidePut
Expiry18 Sep 2026
Strike135.00
Volume1
OI19
IV0.33
ContractATR260918P00130000
SidePut
Expiry18 Sep 2026
Strike130.00
Volume1
OI1
IV0.32
ContractATR270219P00160000
SidePut
Expiry19 Feb 2027
Strike160.00
Volume1
OI1
IV0.32
ContractATR260821C00165000
SideCall
Expiry21 Aug 2026
Strike165.00
Volume1
OI-
IV0.31
ContractATR260821C00155000
SideCall
Expiry21 Aug 2026
Strike155.00
Volume-
OI201
IV0.22
ContractATR260821C00135000
SideCall
Expiry21 Aug 2026
Strike135.00
Volume-
OI34
IV0.45
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
No upcoming matched earnings event.
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.