Ticker Options Intelligence

SGML options intelligence

Sigma Lithium Resources Corp options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 62 Market data through 31 Jul 2026 Checked 2 Aug 2026 02:44 · complete available chain

Volatility expansion watch

Volatility pressure

SGML currently carries volatility options pressure with a 62/100 conviction score. The nearest-chain expected move is 9.6%, with volume/open-interest participation at 0.06.

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

Volatility expansion watch

Expected move 9.6%

Wider near-term move priced

Activity / OI 0.06

Current volume is quieter versus prior open interest

Put-call 4.70

Put-side skew

Trend fit 72

Options agree with trend context

Weekly backdrop +2.5%

RS -18.4

Expected move 9.6%
Put-call volume 4.70
Volume / OI 0.06
Reference IV 0.89
Max pain 12.00
Underlying 9.87
Nearest expiry 7 Aug 2026
Contracts 376

Research Brief

SGML has a volatility chain read with 62/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 8.92–10.82; The largest call open-interest concentration is 13.00; the largest put concentration is 12.00. The most active strike by current volume is 7.50.

Priced range8.92–10.82
Call concentration13.00
Put concentration12.00
Max pain reference12.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 7 Aug

Options imply 8.92 to 10.82. Max pain at 12.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
8.929.87 ± 0.9510.82
Confirmation level

A close beyond 10.82 or below 8.92 at the 7 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 62/100

Evidence alignment, not probability

Pressure is 59/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure59 × 42%
+24.9

How strongly activity leans toward calls or puts.

Participation41 × 22%
+9.0

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

Trend agreement72 × 26%
+18.6

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

Volatility95 × 10%
+9.5

The intensity of implied volatility and the priced move.

Reconstructed score61.9Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 13.00; the largest put concentration is 12.00. The most active strike by current volume is 7.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
3.00-69.6%
17
6
7.50-24.0%
0
156
8.50-13.9%
0
68
9.00-8.8%
0
17
9.50-3.7%
0
46
10.001.3%
6
146
10.506.4%
8
29
11.0011.4%
15
37
11.5016.5%
39
801
12.0021.6%
73
10
12.5026.6%
12
11
13.0031.7%
1537
71
13.5036.8%
8
14
14.0041.8%
0
9
14.5046.9%
3
2
15.5057.0%
10
2
16.5067.2%
6
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Balanced volatility curve

0.91× front/back

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

0.89 7 Aug 7d
1.07 14 Aug 14d
1.08 21 Aug 21d
1.01 18 Sep 49d
0.98 16 Oct 77d
0.96 15 Jan 168d
0.98 21 Jan 539d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

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

8
9
9
10
10
11
11
12
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 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

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
376 / 376
  • 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

95/100
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 Volatility flow versus price

Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $155138 of estimated gross traded notional, puts · 8-21 days · otm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-59
1W price+2.5%
Call premium16%
Put premium84%
Notional split C 16% / P 84% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.06 Volume divided by open interest across the visible chain.
Trend fit 72/100 Agreement between options pressure and Sharemaestro market context.
Event window 13 Aug Matched earnings event is 11 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 Puts · 8-21 days · OTM
Puts · 8-21 days · OTM puts cluster with 2080 contracts traded, $116318 estimated gross traded notional, and 75% of visible notional.
$116318
Calls · 8-21 days · OTM calls cluster with 322 contracts traded, $10335 estimated gross traded notional, and 7% of visible notional.
$10335
Calls · 46-90 days · OTM calls cluster with 107 contracts traded, $10188 estimated gross traded notional, and 7% of visible notional.
$10188
Puts · 8-21 days · ITM puts cluster with 14 contracts traded, $6438 estimated gross traded notional, and 4% of visible notional.
$6438
Puts · 0-7 days · ITM puts cluster with 11 contracts traded, $2535 estimated gross traded notional, and 2% of visible notional.
$2535

Setup Classification

Opportunity and risk frame

Context, not advice
Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

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.

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
Close9.87
1W+2.5%
RS-18.4
Fair value-30.4%
Options pressure-59
Speculation41
Volatility95
Trend fit72

Today Versus Normal

Stored-options context

View history
Expected move 9.6% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.89 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 4.70 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.06 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 11:03 Bullish
Pressure 44
Move 7.0%
30 Jul 10:52 Volatility
Pressure -27
Move 6.7%
31 Jul 12:40 Volatility
Pressure -28
Move 6.9%
31 Jul 13:50 Mixed
Pressure 5
Move 6.7%
1 Aug 09:21 Volatility
Pressure -59
Move 10.6%
2 Aug 01:44 Volatility
Pressure -59
Move 9.6%

Strike Map

Where activity is clustering

Full strike map
Strike3.00
Calls · V 0 · OI 17
Puts · V 0 · OI 0
Strike4.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike6.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike6.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike7.00
Calls · V 0 · OI 0
Puts · V 0 · OI 6
Strike7.50
Calls · V 0 · OI 0
Puts · V 28 · OI 6
Strike8.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2

Term Structure

Expiration activity

Volume and IV
Expiry7 Aug 2026
Contracts74
Avg IV0.89
Put-call3.19
Expiry14 Aug 2026
Contracts72
Avg IV1.07
Put-call0.65
Expiry21 Aug 2026
Contracts40
Avg IV1.08
Put-call6.96
Expiry18 Sep 2026
Contracts34
Avg IV1.01
Put-call1.57
Expiry16 Oct 2026
Contracts62
Avg IV0.98
Put-call0.53

Skew

Call/put IV balance

OTM demand
7 Aug 2026Balanced skew
Call IV0.93
Put IV0.88
Skew-0.05
14 Aug 2026Balanced skew
Call IV1.18
Put IV1.19
Skew0.01
21 Aug 2026Balanced skew
Call IV1.01
Put IV1.06
Skew0.05
18 Sep 2026Balanced skew
Call IV1.03
Put IV1.06
Skew0.03
16 Oct 2026Balanced skew
Call IV1.03
Put IV1.02
Skew-0.01

Contract Tape

Most active contracts

Full contract tape
ContractSGML260821P00009000
SidePut
Expiry21 Aug 2026
Strike9.00
Volume2000
OI406
IV1.06
ContractSGML260821C00012000
SideCall
Expiry21 Aug 2026
Strike12.00
Volume283
OI4691
IV1.01
ContractSGML261016C00012000
SideCall
Expiry16 Oct 2026
Strike12.00
Volume100
OI68
IV0.92
ContractSGML260821P00007000
SidePut
Expiry21 Aug 2026
Strike7.00
Volume72
OI211
IV1.24
ContractSGML261016P00006000
SidePut
Expiry16 Oct 2026
Strike6.00
Volume54
OI128
IV1.02
ContractSGML260807P00007500
SidePut
Expiry7 Aug 2026
Strike7.50
Volume28
OI6
IV0.99
ContractSGML260821C00013000
SideCall
Expiry21 Aug 2026
Strike13.00
Volume16
OI230
IV1.08
ContractSGML260814C00012000
SideCall
Expiry14 Aug 2026
Strike12.00
Volume12
OI75
IV1.18