Ticker Options Intelligence

FWRD options intelligence

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

Conviction 69 Market data through 29 Jul 2026 Checked 30 Jul 2026 03:43 · complete available chain

Volatility expansion watch

Volatility pressure

FWRD currently carries volatility options pressure with a 69/100 conviction score. The nearest-chain expected move is 21.0%, with volume/open-interest participation at 0.02.

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

Volatility expansion watch

Expected move 21.0%

Wider near-term move priced

Activity / OI 0.02

Current volume is quieter versus prior open interest

Put-call 525.00

Put-side skew

Trend fit 50

Options are not fully confirming trend

Weekly backdrop +10.9%

RS -36.3

Expected move 21.0%
Put-call volume 525.00
Volume / OI 0.02
Reference IV 0.93
Max pain 15.00
Underlying 15.25
Nearest expiry 21 Aug 2026
Contracts 156

Options Intent Radar

Earnings/event positioning

87/100
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: $35750 of estimated gross traded notional, puts · 91+ 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-89
1W price+10.9%
Call premium0%
Put premium100%
Notional split C 0% / P 100% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.02 Volume divided by open interest across the visible chain.
Trend fit 50/100 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 Puts · 91+ days · OTM
Puts · 91+ days · OTM puts cluster with 216 contracts traded, $22140 estimated gross traded notional, and 62% of visible notional.
$22140
Puts · 46-90 days · OTM puts cluster with 65 contracts traded, $11700 estimated gross traded notional, and 33% of visible notional.
$11700
Puts · 22-45 days · OTM puts cluster with 244 contracts traded, $1750 estimated gross traded notional, and 5% of visible notional.
$1750
Calls · 22-45 days · ATM calls cluster with 1 contracts traded, $160 estimated gross traded notional, and 0% of visible notional.
$160

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.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

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
Close15.25
1W+10.9%
RS-36.3
Fair value-52.2%
Options pressure-89
Speculation40
Volatility96
Trend fit50

Today Versus Normal

Stored-options context

View history
Expected move 21.0% muted
30d avg 23.6% · 1 read 0th
90d avg 23.6% · 1 read 0th
180d avg 23.6% · 1 read 0th
IV 0.93 elevated
30d avg 0.85 · 1 read 100th
90d avg 0.85 · 1 read 100th
180d avg 0.85 · 1 read 100th
Put-call 525.00 elevated
30d avg 0.01 · 1 read 100th
90d avg 0.01 · 1 read 100th
180d avg 0.01 · 1 read 100th
Volume/OI 0.02 muted
30d avg 0.06 · 1 read 0th
90d avg 0.06 · 1 read 0th
180d avg 0.06 · 1 read 0th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:36 Volatility
Pressure 100
Move 23.6%
30 Jul 02:43 Volatility
Pressure -89
Move 21.0%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 0
Puts · V 0 · OI 5
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 6
Strike7.50
Calls · V 0 · OI 1
Puts · V 240 · OI 1
Strike10.00
Calls · V 0 · OI 10
Puts · V 4 · OI 115
Strike12.50
Calls · V 0 · OI 21
Puts · V 0 · OI 44
Strike15.00
Calls · V 1 · OI 156
Puts · V 0 · OI 62
Strike17.50
Calls · V 0 · OI 308
Puts · V 0 · OI 0
Strike20.00
Calls · V 0 · OI 9
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts22
Avg IV0.93
Put-call244.00
Expiry18 Sep 2026
Contracts28
Avg IV0.96
Put-call-
Expiry18 Dec 2026
Contracts24
Avg IV0.83
Put-call-
Expiry15 Jan 2027
Contracts32
Avg IV0.88
Put-call-
Expiry19 Mar 2027
Contracts22
Avg IV0.92
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV1.00
Put IV1.12
Skew0.12
18 Sep 2026Put IV premium
Call IV0.89
Put IV1.38
Skew0.49
18 Dec 2026Put IV premium
Call IV0.80
Put IV1.06
Skew0.26
15 Jan 2027Put IV premium
Call IV0.87
Put IV1.02
Skew0.15
19 Mar 2027Put IV premium
Call IV0.80
Put IV0.95
Skew0.16

Contract Tape

Most active contracts

Full contract tape
ContractFWRD260821P00007500
SidePut
Expiry21 Aug 2026
Strike7.50
Volume240
OI1
IV1.15
ContractFWRD261218P00007500
SidePut
Expiry18 Dec 2026
Strike7.50
Volume216
OI45
IV1.37
ContractFWRD260918P00012500
SidePut
Expiry18 Sep 2026
Strike12.50
Volume65
OI57
IV1.38
ContractFWRD260821P00010000
SidePut
Expiry21 Aug 2026
Strike10.00
Volume4
OI115
IV1.19
ContractFWRD260821C00015000
SideCall
Expiry21 Aug 2026
Strike15.00
Volume1
OI156
IV1.21
ContractFWRD271217C00030000
SideCall
Expiry17 Dec 2027
Strike30.00
Volume-
OI2726
IV0.87
ContractFWRD270115C00030000
SideCall
Expiry15 Jan 2027
Strike30.00
Volume-
OI2387
IV0.88
ContractFWRD271217C00025000
SideCall
Expiry17 Dec 2027
Strike25.00
Volume-
OI1844
IV0.78