Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
GLNG options intelligence
Golar LNG Limited options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
32
Market data through 31 Jul 2026
Checked 2 Aug 2026 02:12 · complete available chain
Options-market disagreement
Mixed pressure
GLNG currently carries mixed options pressure with a 32/100 conviction score. The nearest-chain expected move is 7.5%, with volume/open-interest participation at 0.00.
Expected move
7.5%
Wider near-term move priced
Activity / OI
0.00
Current volume is quieter versus prior open interest
Put-call
1.03
Balanced tape
Trend fit
85
Options agree with trend context
Weekly backdrop
+1.1%
RS 1.5
Expected move
7.5%
Put-call volume
1.03
Volume / OI
0.00
Reference IV
0.40
Max pain
50.00
Underlying
49.15
Nearest expiry
21 Aug 2026
Contracts
280
Research Brief
GLNG has a mixed chain read with 32/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 45.45–52.85; The largest call open-interest concentration is 55.00; the largest put concentration is 45.00. The most active strike by current volume is 44.00.
Priced range45.45–52.85
Call concentration55.00
Put concentration45.00
Max pain reference50.00
- 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.
Priced Move
Where the chain says movement becomes exceptional
Options imply 45.45 to 52.85. Max pain at 50.00 sits inside that range, 1.7% above spot.
Spot
Max pain
45.4549.15 ± 3.7052.85
Confirmation level
A close beyond 52.85 or below 45.45 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 32/100
Pressure is 6/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure6 × 42%
+2.7
How strongly activity leans toward calls or puts.
Participation7 × 22%
+1.5
Volume relative to existing open interest and contract-level activity.
Trend agreement85 × 26%
+22.0
How closely the chain read agrees with the underlying trend backdrop.
Volatility58 × 10%
+5.8
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 55.00; the largest put concentration is 45.00. The most active strike by current volume is 44.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
7
40.00-18.6%
1
0
41.00-16.6%
1
26
42.00-14.5%
0
141
43.00-12.5%
0
102
44.00-10.5%
2
475
45.00-8.4%
2
108
46.00-6.4%
5
93
47.00-4.4%
13
220
48.00-2.3%
4
251
49.00-0.3%
56
200
50.001.7%
434
42
55.0011.9%
1408
0
60.0022.1%
188
0
65.0032.2%
0
0
70.0042.4%
0
0
75.0052.6%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Balanced volatility curve
Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.
0.40
21 Aug
21d
0.37
18 Sep
49d
0.37
20 Nov
112d
0.36
18 Dec
140d
0.36
15 Jan
168d
0.36
19 Mar
231d
0.35
17 Dec
504d
0.36
21 Jan
539d
Volatility by Strike
Upside optionality premium
Out-of-the-money calls carry higher implied volatility than comparable puts, indicating richer upside optionality.
40
41
42
43
44
45
46
47
48
49
50
55
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 quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 280 / 280
- 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.
The options read is mixed, so divergence is not strong enough to classify.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $85545 of estimated gross traded notional, puts · 91+ days · atm, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+6
1W price+1.1%
Call premium42%
Put premium58%
Notional split
C 42% / P 58%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.00
Volume divided by open interest across the visible chain.
Trend fit
85/100
Agreement between options pressure and Sharemaestro market context.
Event window
13 Aug
Matched earnings event is 11 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Puts · 91+ days · ATM
puts cluster with 54 contracts traded, $26250 estimated gross traded notional, and 31% of visible notional.
$26250
Puts · 46-90 days · ATM
puts cluster with 50 contracts traded, $14875 estimated gross traded notional, and 17% of visible notional.
$14875
Calls · 91+ days · ATM
calls cluster with 39 contracts traded, $14430 estimated gross traded notional, and 17% of visible notional.
$14430
Calls · 46-90 days · OTM
calls cluster with 155 contracts traded, $12812 estimated gross traded notional, and 15% of visible notional.
$12812
Puts · 91+ days · OTM
puts cluster with 105 contracts traded, $6332 estimated gross traded notional, and 7% of visible notional.
$6332
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.
Underlying price is close to the max-pain zone.
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
Close49.15
1W+1.1%
RS1.5
Fair value+41.0%
Options pressure6
Speculation7
Volatility58
Trend fit85
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 10:39
Bullish
Pressure 100
Move 7.8%
29 Jul 23:13
Bullish
Pressure 84
Move 7.5%
31 Jul 11:44
Mixed
Pressure -7
Move 7.4%
31 Jul 13:57
Mixed
Pressure 5
Move 6.9%
2 Aug 01:12
Mixed
Pressure 6
Move 7.5%
Strike Map
Where activity is clustering
Strike40.00
Calls · V 0 · OI 1
Puts · V 0 · OI 7
Strike41.00
Calls · V 0 · OI 1
Puts · V 0 · OI 0
Strike42.00
Calls · V 0 · OI 0
Puts · V 5 · OI 26
Strike43.00
Calls · V 0 · OI 0
Puts · V 0 · OI 141
Strike44.00
Calls · V 0 · OI 2
Puts · V 9 · OI 102
Strike45.00
Calls · V 0 · OI 2
Puts · V 1 · OI 475
Strike46.00
Calls · V 0 · OI 5
Puts · V 5 · OI 108
Strike47.00
Calls · V 0 · OI 13
Puts · V 1 · OI 93
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts32
Avg IV0.40
Put-call5.50
Expiry18 Sep 2026
Contracts54
Avg IV0.37
Put-call0.35
Expiry20 Nov 2026
Contracts24
Avg IV0.37
Put-call0.08
Expiry18 Dec 2026
Contracts24
Avg IV0.36
Put-call-
Expiry15 Jan 2027
Contracts40
Avg IV0.36
Put-call7.00
Skew
Call/put IV balance
21 Aug 2026Balanced skew
Call IV0.46
Put IV0.41
Skew-0.05
18 Sep 2026Balanced skew
Call IV0.38
Put IV0.39
Skew0.01
20 Nov 2026Balanced skew
Call IV0.37
Put IV0.37
Skew-
18 Dec 2026Balanced skew
Call IV0.36
Put IV0.37
Skew0.01
15 Jan 2027Balanced skew
Call IV0.35
Put IV0.38
Skew0.03
Contract Tape
Most active contracts
ContractGLNG260918C00055000
SideCall
Expiry18 Sep 2026
Strike55.00
Volume140
OI10054
IV0.38
ContractGLNG270115P00030000
SidePut
Expiry15 Jan 2027
Strike30.00
Volume72
OI629
IV0.47
ContractGLNG270115P00050000
SidePut
Expiry15 Jan 2027
Strike50.00
Volume51
OI95
IV0.37
ContractGLNG260918P00050000
SidePut
Expiry18 Sep 2026
Strike50.00
Volume50
OI571
IV0.37
ContractGLNG261120C00050000
SideCall
Expiry20 Nov 2026
Strike50.00
Volume39
OI46
IV0.36
ContractGLNG270115P00040000
SidePut
Expiry15 Jan 2027
Strike40.00
Volume30
OI805
IV0.40
ContractGLNG270115C00065000
SideCall
Expiry15 Jan 2027
Strike65.00
Volume20
OI6309
IV0.37
ContractGLNG260918C00060000
SideCall
Expiry18 Sep 2026
Strike60.00
Volume15
OI25372
IV0.41
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.