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FPS

Name: FPS overnight options flow scan record, 2026-07-03
Creator: GammaRips

BULL

2026-07-03

Overnight Scan Record · Other

See the 2026-07-03 Morning Briefing

This is one row from the GammaRips nightly scan of about 3,500 optionable US stocks, tracked to its outcome. What membership means depends on the scan date. For scan dates from 2026-08-24, it is a liquidity rank: the 100 most liquid names, bullish only. For earlier scan dates, the scan selected on unusual options activity and included bearish names. The two sets are not one population. Data, not a recommendation. New here? See how the pool is built → Or put your AI agent on this data →

Score

5/10

Descriptive context. Not a quality rank and not a forecast.

Move

6.3%

Flow

$1.2M

AI Analysis

Model-written context on what the scan saw that night. It is context, not advice and not a trade instruction.

FPS BULL $50C Jul 17 '26. The stock's recent -6.3% decline below its $49.00 public offering price is a temporary liquidity-driven dislocation rather than a fundamental change in the AI data center infrastructure story. The $1.05M institutional call buy flow represents a high-conviction bet that the $49.00 offering price will act as a major support level, aligning with the bullish bias of today's 127-to-106 scan. Entry near $46.86 with a target of $52.00. Risk: Further dilution or market-wide weakness dragging the Industrials sector down.

Flow Breakdown

Call Volume

$1.1M

Put Volume

$158K

Flow Intent

DIRECTIONAL

Catalyst

Technical Breakout

More Bullish Flow · 2026-07-03

PG7/10 IBKR7/10 ELF7/10 BBWI7/10 VSH6/10 PM6/10

Engine-Selected Contract

The contract the engine priced for this row. Descriptive, not a recommendation.

ContractO:FPS260717C00050000

Strike$50.00

Expiration2026-07-17

Delta0.40

Key Levels

Resistance$49.63

Support$45.71

Price$46.86

SMA 50 / 200$50 / —

52W Range$26 — $66

RSI (14)37

News & Catalyst Analysis

Key Headline

Forgent Power Solutions Announces Pricing of Upsized Public Offering of Class A Common Stock

News Summary

The sell-off in Forgent Power Solutions (FPS) was driven by the pricing of a massive, upsized public offering of 43.65 million Class A common shares at $49.00 per share, a significant discount to its previous trading levels. This secondary offering created immediate technical supply, but the fact that it was upsized demonstrates massive institutional appetite for this AI-enabling electrical infrastructure play. Institutional options flow is highly likely to continue as buyers step in to defend the $49.00 offering floor, viewing this temporary dip as an attractive entry point.

Flow Intent Analysis

The $1.05M in bullish flow arrived immediately after the stock dipped below its $49.00 public offering price, signaling a highly directional, aggressive bet on a near-term recovery rather than a post-move hedge.

One email a week. Catch up in five minutes.

The GammaRips weekly briefing — engine state, the latest Lab experiment, and what the pool's outcome data showed. No firehose, no FOMO.

Read the 2026-07-03 morning briefing for the full scan this FPS row came from: the shape of the pool that day, the themes in the flow, and every other name in it.

How We Read This Flow

Plain-English explainers on the methodology behind signals like this one.

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FPS

Key Headline

News Summary

Flow Intent Analysis

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