Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
VELO options intelligence
VELO options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
58
Market data through 17 Sep 2026
Checked 18 Sep 2026 11:46 · complete available chain
Call-side pressure
Bullish pressure
VELO currently carries bullish options pressure with a 58/100 conviction score. The nearest-chain expected move is unavailable, with volume/open-interest participation at 0.30.
Expected move
-
Near-term move context
Activity / OI
0.30
Current volume is quieter versus prior open interest
Put-call
0.04
Call-side skew
Trend fit
0
Options are not fully confirming trend
Weekly backdrop
-
Sharemaestro weekly context
Expected move
-
Put-call volume
0.04
Volume / OI
0.30
Reference IV
4.46
Max pain
12.50
Underlying
-
Nearest expiry
18 Sep 2026
Contracts
148
Research Brief
VELO has a bullish chain read with 58/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of not available; The largest call open-interest concentration is 17.50; the largest put concentration is 10.00. The most active strike by current volume is 17.50.
Priced rangenot available
Call concentration17.50
Put concentration10.00
Max pain reference12.50
- 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.
Priced Move
Where the chain says movement becomes exceptional
A matched underlying price and expected move are required to build the implied range.
Score Construction
Why conviction is 58/100
Pressure is 100/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure100 × 42%
+42.0
How strongly activity leans toward calls or puts.
Participation47 × 22%
+10.4
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.
Volatility56 × 10%
+5.6
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 17.50; the largest put concentration is 10.00. The most active strike by current volume is 17.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
10
2.50
13
38
5.00
42
115
7.50
41
971
10.00
378
914
12.50
374
511
15.00
2513
66
17.50
3472
1
20.00
2737
10
22.50
358
0
25.00
1325
0
30.00
759
0
35.00
816
0
40.00
98
0
45.00
332
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Gamma Profile by Strike
Gamma profile unavailable
A matched underlying price is required to estimate gamma exposure by strike.
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.
-
18 Sep
1d
-
16 Oct
29d
-
20 Nov
64d
-
18 Dec
92d
-
19 Mar
183d
-
21 Jan
491d
-
19 Jan
855d
Volatility by Strike
A matched underlying price is required for strike-relative volatility analysis.
Comparable strike volatility is unavailable.
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
No independently verifiable option-expiry outcomes have matured yet. Legacy snapshots without a point-in-time market reference and repeated same-session snapshots are deliberately excluded.
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 volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 17 Sep 2026
- Calculation
- v2.0
- Contracts
- 148 / 148
- No matched underlying price; price-relative measures are unavailable.
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.
Call-side pressure is building before a meaningful weekly price response.
Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $782,223 of estimated gross traded notional, calls · 91+ days · unpriced, and a bullish flow before price confirmation backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+100
1W price-
Call premium88%
Put premium12%
Notional split
C 88% / P 12%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.30
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 · 91+ days · Unpriced
calls cluster with 7957 contracts traded, $592,678 estimated gross traded notional, and 76% of visible notional.
$592,678
Calls · 22-45 days · Unpriced
calls cluster with 2686 contracts traded, $86,623 estimated gross traded notional, and 11% of visible notional.
$86,623
Puts · 91+ days · Unpriced
puts cluster with 118 contracts traded, $44,960 estimated gross traded notional, and 6% of visible notional.
$44,960
Puts · 0-7 days · Unpriced
puts cluster with 160 contracts traded, $24,435 estimated gross traded notional, and 3% of visible notional.
$24,435
Puts · 22-45 days · Unpriced
puts cluster with 155 contracts traded, $17,662 estimated gross traded notional, and 2% of visible notional.
$17,662
Setup Classification
Opportunity and risk frame
The tape is pricing or displaying unusually elevated activity.
Options positioning is not confirming the underlying trend context.
Activity Anomaly
Warming up
9 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 9 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close-
1W-
RS-
Fair value-
Options pressure100
Speculation47
Volatility56
Trend fit0
Today Versus Normal
Stored-options context
30d avg - · 0/10 sessions
-
90d avg - · 0/30 sessions
-
180d avg - · 0/60 sessions
-
30d avg - · 6/10 sessions
-
90d avg - · 9/30 sessions
-
180d avg - · 9/60 sessions
-
30d avg - · 6/10 sessions
-
90d avg - · 9/30 sessions
-
180d avg - · 9/60 sessions
-
30d avg - · 6/10 sessions
-
90d avg - · 9/30 sessions
-
180d avg - · 9/60 sessions
-
Pressure Trail
Recent pressure and volatility
31 Jul 13:12
Bullish
Pressure 86
Move -
3 Aug 11:54
Bullish
Pressure 63
Move -
4 Aug 13:05
Bullish
Pressure 30
Move -
1 Sep 10:01
Bullish
Pressure 75
Move -
3 Sep 11:08
Bullish
Pressure 83
Move -
8 Sep 11:01
Bullish
Pressure 89
Move -
10 Sep 11:25
Bullish
Pressure 62
Move -
14 Sep 11:05
Bullish
Pressure 84
Move -
Strike Map
Where activity is clustering
Strike2.50
Calls · V 0 · OI 13
Puts · V 0 · OI 10
Strike5.00
Calls · V 0 · OI 42
Puts · V 0 · OI 38
Strike7.50
Calls · V 0 · OI 41
Puts · V 0 · OI 115
Strike10.00
Calls · V 72 · OI 378
Puts · V 71 · OI 971
Strike12.50
Calls · V 50 · OI 374
Puts · V 60 · OI 914
Strike15.00
Calls · V 48 · OI 2513
Puts · V 27 · OI 511
Strike17.50
Calls · V 1303 · OI 3472
Puts · V 1 · OI 66
Strike20.00
Calls · V 0 · OI 2737
Puts · V 1 · OI 1
Term Structure
Expiration activity
Expiry18 Sep 2026
Contracts28
Avg IV-
Put-call0.11
Expiry16 Oct 2026
Contracts22
Avg IV-
Put-call0.06
Expiry20 Nov 2026
Contracts16
Avg IV-
Put-call0.52
Expiry18 Dec 2026
Contracts28
Avg IV-
Put-call0.01
Expiry19 Mar 2027
Contracts22
Avg IV-
Put-call0.03
Skew
Call/put IV balance
Skew context is warming up for this ticker.
Contract Tape
Most active contracts
ContractVELO261218C00017500
SideCall
Expiry18 Dec 2026
Strike17.50
Volume6300
OI693
IV1.01
ContractVELO261016C00015000
SideCall
Expiry16 Oct 2026
Strike15.00
Volume1895
OI637
IV0.94
ContractVELO260918C00017500
SideCall
Expiry18 Sep 2026
Strike17.50
Volume1303
OI3472
IV4.03
ContractVELO261218C00015000
SideCall
Expiry18 Dec 2026
Strike15.00
Volume678
OI1513
IV0.98
ContractVELO261016C00012500
SideCall
Expiry16 Oct 2026
Strike12.50
Volume645
OI366
IV0.93
ContractVELO270319C00017500
SideCall
Expiry19 Mar 2027
Strike17.50
Volume611
OI41
IV1.06
ContractVELO270319C00020000
SideCall
Expiry19 Mar 2027
Strike20.00
Volume207
OI156
IV1.04
ContractVELO261016P00010000
SidePut
Expiry16 Oct 2026
Strike10.00
Volume136
OI449
IV0.89
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.