Primary read
Volatility
Volatility expansion watch
Ticker Options Intelligence
BRKR options intelligence
Bruker Corporation options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
52
Market data through 31 Jul 2026
Checked 1 Aug 2026 00:17 · complete available chain
Volatility expansion watch
Volatility pressure
BRKR currently carries volatility options pressure with a 52/100 conviction score. The nearest-chain expected move is 15.6%, with volume/open-interest participation at 0.14.
Expected move
15.6%
Wider near-term move priced
Activity / OI
0.14
Current volume is quieter versus prior open interest
Put-call
0.60
Call-side skew
Trend fit
70
Options agree with trend context
Weekly backdrop
+4.0%
RS 33.7
Expected move
15.6%
Put-call volume
0.60
Volume / OI
0.14
Reference IV
0.76
Max pain
55.00
Underlying
60.45
Nearest expiry
21 Aug 2026
Contracts
110
Research Brief
BRKR has a volatility chain read with 52/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 51.02–69.88; The largest call open-interest concentration is 62.50; the largest put concentration is 65.00. The most active strike by current volume is 65.00.
Priced range51.02–69.88
Call concentration62.50
Put concentration65.00
Max pain reference55.00
- A clear directional pressure reading develops and price begins to agree.
- The current chain read already agrees with the stored weekly trend context.
- Volatility falls and the chain remains directionally mixed.
- 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 51.02 to 69.88. Max pain at 55.00 sits inside that range, 9.0% below spot.
Spot
Max pain
51.0260.45 ± 9.4369.88
Confirmation level
A close beyond 69.88 or below 51.02 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 52/100
Pressure is 36/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure36 × 42%
+15.2
How strongly activity leans toward calls or puts.
Participation43 × 22%
+9.5
Volume relative to existing open interest and contract-level activity.
Trend agreement70 × 26%
+18.3
How closely the chain read agrees with the underlying trend backdrop.
Volatility93 × 10%
+9.3
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 62.50; the largest put concentration is 65.00. The most active strike by current volume is 65.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
20
40.00-33.8%
0
1
42.50-29.7%
8
11
45.00-25.6%
7
5
47.50-21.4%
0
15
50.00-17.3%
82
7
52.50-13.2%
13
52
55.00-9.0%
2
0
57.50-4.9%
55
34
60.00-0.7%
95
1
62.503.4%
542
77
65.007.5%
276
0
67.5011.7%
12
0
70.0015.8%
72
0
75.0024.1%
20
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.
0.76
21 Aug
21d
0.64
18 Sep
49d
0.62
18 Dec
140d
0.64
19 Mar
231d
Volatility by Strike
Balanced wings
Comparable upside calls and downside puts carry broadly similar implied volatility.
50
53
55
58
60
63
65
68
70
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
High
Retained chain100%
Implied volatility100%
Two-sided quotes99%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 110 / 110
- 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.
Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $2.3M of estimated gross traded notional, calls · 91+ days · itm, 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+36
1W price+4.0%
Call premium86%
Put premium14%
Notional split
C 86% / P 14%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.14
Volume divided by open interest across the visible chain.
Trend fit
70/100
Agreement between options pressure and Sharemaestro market context.
Event window
3 Aug
Matched earnings event is 2 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Calls · 91+ days · ITM
calls cluster with 660 contracts traded, $1.6M estimated gross traded notional, and 69% of visible notional.
$1.6M
Puts · 8-21 days · ITM
puts cluster with 412 contracts traded, $234840 estimated gross traded notional, and 10% of visible notional.
$234840
Calls · 46-90 days · OTM
calls cluster with 362 contracts traded, $193638 estimated gross traded notional, and 8% of visible notional.
$193638
Calls · 8-21 days · ITM
calls cluster with 61 contracts traded, $80160 estimated gross traded notional, and 4% of visible notional.
$80160
Calls · 46-90 days · ITM
calls cluster with 45 contracts traded, $74295 estimated gross traded notional, and 3% of visible notional.
$74295
Setup Classification
Opportunity and risk frame
Positioning agrees with the Sharemaestro trend backdrop.
The tape is pricing or displaying unusually elevated activity.
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
Close62.84
1W+4.0%
RS33.7
Fair value+14.5%
Options pressure36
Speculation43
Volatility93
Trend fit70
Today Versus Normal
Stored-options context
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:32
Volatility
Pressure 77
Move 15.3%
30 Jul 10:30
Mixed
Pressure -1
Move 14.4%
30 Jul 22:51
Volatility
Pressure 8
Move 15.5%
31 Jul 13:29
Volatility
Pressure 97
Move 15.5%
31 Jul 15:07
Volatility
Pressure 26
Move 14.6%
31 Jul 16:25
Volatility
Pressure 37
Move 14.4%
31 Jul 17:44
Volatility
Pressure 38
Move 14.7%
31 Jul 18:46
Volatility
Pressure 37
Move 14.4%
Strike Map
Where activity is clustering
Strike40.00
Calls · V 0 · OI 0
Puts · V 1 · OI 20
Strike42.50
Calls · V 1 · OI 8
Puts · V 0 · OI 1
Strike45.00
Calls · V 1 · OI 7
Puts · V 1 · OI 11
Strike47.50
Calls · V 0 · OI 0
Puts · V 5 · OI 5
Strike50.00
Calls · V 50 · OI 82
Puts · V 1 · OI 15
Strike52.50
Calls · V 2 · OI 13
Puts · V 3 · OI 7
Strike55.00
Calls · V 6 · OI 2
Puts · V 1 · OI 52
Strike57.50
Calls · V 1 · OI 55
Puts · V 0 · OI 0
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts22
Avg IV0.76
Put-call4.25
Expiry18 Sep 2026
Contracts38
Avg IV0.64
Put-call0.33
Expiry18 Dec 2026
Contracts47
Avg IV0.62
Put-call0.19
Expiry19 Mar 2027
Contracts3
Avg IV0.64
Put-call-
Skew
Call/put IV balance
21 Aug 2026Balanced skew
Call IV0.82
Put IV0.82
Skew0.00
18 Sep 2026Call IV premium
Call IV0.66
Put IV0.59
Skew-0.08
18 Dec 2026Balanced skew
Call IV0.65
Put IV0.60
Skew-0.05
19 Mar 2027Balanced skew
Call IV0.65
Put IV0.61
Skew-0.04
Contract Tape
Most active contracts
ContractBRKR260918C00090000
SideCall
Expiry18 Sep 2026
Strike90.00
Volume-
OI2
IV0.79
ContractBRKR270319C00065000
SideCall
Expiry19 Mar 2027
Strike65.00
Volume-
OI2
IV0.65
ContractBRKR260918P00065000
SidePut
Expiry18 Sep 2026
Strike65.00
Volume-
OI1
IV0.68
ContractBRKR260821P00042500
SidePut
Expiry21 Aug 2026
Strike42.50
Volume-
OI1
IV1.37
ContractBRKR260918P00052500
SidePut
Expiry18 Sep 2026
Strike52.50
Volume-
OI1
IV0.61
ContractBRKR270319C00062500
SideCall
Expiry19 Mar 2027
Strike62.50
Volume-
OI1
IV0.65
ContractBRKR260821P00062500
SidePut
Expiry21 Aug 2026
Strike62.50
Volume-
OI1
IV0.74
ContractBRKR270319P00040000
SidePut
Expiry19 Mar 2027
Strike40.00
Volume-
OI1
IV0.61
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.