Primary read
Volatility
Volatility expansion watch
Ticker Options Intelligence
UPSG options intelligence
UPSG options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
46
Market data through 31 Jul 2026
Checked 3 Aug 2026 12:33 · complete available chain
Volatility expansion watch
Volatility pressure
UPSG currently carries volatility options pressure with a 46/100 conviction score. The nearest-chain expected move is 53.0%, with volume/open-interest participation at -.
Expected move
53.0%
Wider near-term move priced
Activity / OI
-
Current volume is quieter versus prior open interest
Put-call
0.20
Call-side skew
Trend fit
33
Options are not fully confirming trend
Weekly backdrop
-
Sharemaestro weekly context
Expected move
53.0%
Put-call volume
0.20
Volume / OI
-
Reference IV
1.45
Max pain
10.00
Underlying
15.80
Nearest expiry
18 Sep 2026
Contracts
2
Research Brief
UPSG has a volatility chain read with 46/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 7.42–24.17; No strike-level positioning is available.
Priced range7.42–24.17
Call concentration-
Put concentration-
Max pain reference10.00
- 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.
Priced Move
Where the chain says movement becomes exceptional
Options imply 7.42 to 24.17. Max pain at 10.00 sits inside that range, 36.7% below spot.
Spot
Max pain
7.4215.80 ± 8.3724.17
Confirmation level
A close beyond 24.17 or below 7.42 at the 18 Sep 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 46/100
Pressure is 67/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure67 × 42%
+28.0
How strongly activity leans toward calls or puts.
Participation0 × 22%
+0.0
Volume relative to existing open interest and contract-level activity.
Trend agreement33 × 26%
+8.7
How closely the chain read agrees with the underlying trend backdrop.
Volatility96 × 10%
+9.6
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
No strike-level positioning is available.
No strike-level positioning is available.
Gamma Profile by Strike
Gamma profile unavailable
The retained chain has no contracts with both open interest and usable gamma or implied volatility.
Gamma exposure will appear when the retained chain has usable open interest plus reported gamma or implied volatility.
Volatility Curve
Insufficient term structure
At least two expirations with usable near-the-money implied volatility are required.
Volatility by Strike
Smile incomplete
There is not enough comparable OTM call and put volatility to classify the smile.
Comparable strike volatility is unavailable.
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
1 matured expiry is waiting for a matched weekly closing reference.
Directional follow-through-
Moves contained by pricing-
Average expiry move-
Validation readiness
- Auditable calculationoriginal version retained
- Independent entryone read per market session
- Point-in-time referencerequired at entry
- Matched expiry closereported only after maturity
Eligible snapshots must have a dated market session, stored signal, and point-in-time market reference. Each observation uses one read per market session and the first stored weekly close on or immediately after expiry; its original calculation version is retained. It is an evidence audit, not an executable strategy or evidence of future performance.
Evidence Quality
Limited
Retained chain100%
Implied volatility0%
Two-sided quotes0%
Open interest0%
- Chain status
- Complete available chain
- Market date
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 2 / 2
- Implied volatility is available for 0% of retained contracts.
- Two-sided bid/ask quotes are available for 0% of retained contracts.
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
Likely noise
Visible options activity is too thin or mixed to support a strong intent classification.
Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.
Likely noise matters because it connects the options headline to the actual evidence: $0 of estimated gross traded notional, no dominant cluster, 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+67
1W price-
Call premium0%
Put premium0%
Notional split
C 0% / P 0%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
-
Volume divided by open interest across the visible chain.
Trend fit
33/100
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.
No high-conviction option cluster is visible in this snapshot.
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
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
Close-
1W-
RS-
Fair value-
Options pressure67
Speculation0
Volatility96
Trend fit33
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 - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 0/10 sessions
-
90d avg - · 0/30 sessions
-
180d avg - · 0/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 13:19
Mixed
Pressure 0
Move 9.9%
30 Jul 13:07
Bullish
Pressure 67
Move 50.3%
31 Jul 12:44
Bullish
Pressure 67
Move 50.8%
3 Aug 11:33
Volatility
Pressure 67
Move 53.0%
Strike Map
Where activity is clustering
No strike map available for this snapshot.
Term Structure
Expiration activity
No expiration activity available.
Skew
Call/put IV balance
Skew context is warming up for this ticker.
Contract Tape
Most active contracts
No active contracts available.
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.