Ticker Options Intelligence

LILA options intelligence

Liberty Latin America Ltd options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 40 Market data through 17 Sep 2026 Checked 18 Sep 2026 11:21 · complete available chain

Options-market disagreement

Mixed pressure

LILA currently carries mixed options pressure with a 40/100 conviction score. The nearest-chain expected move is 16.9%, with volume/open-interest participation at 0.00.

Options Intelligence Opportunities Bullish confirmation Risks Unusual flow Vol expansion Repeated pressure Compare Chart Weekly report
Primary read Mixed

Options-market disagreement

Expected move 16.9%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call -

Balanced tape

Trend fit 98

Options agree with trend context

Weekly backdrop +3.4%

RS 42.0

Expected move 16.9%
Put-call volume -
Volume / OI -
Reference IV 2.63
Max pain 7.50
Underlying 8.81
Nearest expiry 18 Sep 2026
Contracts 62

Research Brief

LILA has a mixed chain read with 40/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 7.32–10.30; The largest call open-interest concentration is 10.00; the largest put concentration is 7.50. The most active strike by current volume is 2.50.

Priced range7.32–10.30
Call concentration10.00
Put concentration7.50
Max pain reference7.50
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • 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

Size, not direction · through 18 Sep

Options imply 7.32 to 10.30. Max pain at 7.50 sits inside that range, 14.9% below spot.

Spot Max pain
7.328.81 ± 1.4910.30
Confirmation level

A close beyond 10.30 or below 7.32 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 40/100

Evidence alignment, not probability

Pressure is 12/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure12 × 42%
+4.9

How strongly activity leans toward calls or puts.

Participation0 × 22%
+0.0

Volume relative to existing open interest and contract-level activity.

Trend agreement98 × 26%
+25.4

How closely the chain read agrees with the underlying trend backdrop.

Volatility96 × 10%
+9.6

The intensity of implied volatility and the priced move.

Reconstructed score39.9Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 10.00; the largest put concentration is 7.50. The most active strike by current volume is 2.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
2.50-71.6%
0
1
5.00-43.2%
0
9
7.50-14.9%
21
0
10.0013.5%
82
0
12.5041.9%
0
0
15.0070.3%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Positive gamma proxy

Reported + model-estimated Greeks · 92% coverage

Call-side gamma sensitivity outweighs the put-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.

Net profile+$2,326Delta change / 1% move
Positive peak7.50+$1,120
Negative peak5.00-$1
Nearest balance5.00Interpolated sign change
StrikeNegativePositiveNet / 1% move
2.50-71.6%
+$1
5.00-43.2%
-$1
7.50-14.9%
+$1,120
10.0013.5%
+$942
12.5041.9%
+$265
Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike

Scenario proxy = gamma × open interest × 100 shares × spot² × 1%. Calls are positive and puts negative by convention. Missing Greeks use a Black-Scholes estimate from stored IV with zero rate and dividend assumptions. Open interest does not reveal who is long or short, so this is not observed dealer positioning or a forecast.

Volatility Curve

Front-loaded volatility

8.23× front/back

Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.

2.63 18 Sep 1d
0.54 16 Oct 29d
0.43 20 Nov 64d
0.43 15 Jan 120d
0.32 16 Apr 211d

Volatility by Strike

Upside optionality premium

Nearest expiry, within 20% of spot

Out-of-the-money calls carry higher implied volatility than comparable puts, indicating richer upside optionality.

8
10
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

12 matured · 1 directional

Across 1 stored directional transitions, the next stored price moved in the labelled direction 100% of the time.

Directional follow-through100%
Moves contained by pricing100%
Average expiry move3.4%
20 Aug Volatility · 56 -1.7% through expiry 13.7% priced · v2.0
14 Aug Volatility · 56 -1.7% through expiry 12.2% priced · v2.0
13 Aug Mixed · 39 -0.5% through expiry 12.8% priced · v2.0
11 Aug Mixed · 41 -0.5% through expiry 14.5% priced · v2.0
10 Aug Volatility · 57 -0.5% through expiry 16.8% priced · v2.0
7 Aug Bullish · 45 3.9% through expiry 12.1% priced · v2.0
6 Aug Volatility · 51 3.9% through expiry 15.9% priced · v2.0
5 Aug Volatility · 58 3.9% through expiry 14.4% priced · v2.0
4 Aug Volatility · 54 3.9% through expiry 20.9% priced · v2.0
3 Aug Volatility · 66 3.9% through expiry 23.8% priced · v2.0
31 Jul Volatility · 54 3.9% through expiry 12.9% priced · v2.0
30 Jul Volatility · 53 12.6% through expiry 13.3% priced · v2.0

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

High

A97/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
17 Sep 2026
Calculation
v2.0
Contracts
62 / 62
  • 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

Likely noise

40/100
Primary intent Likely noise

Visible options activity is too thin or mixed to support a strong intent classification.

Flow vs price divergence No clean flow/price divergence

The options read is mixed, so divergence is not strong enough to classify.

Why this matters

Likely noise matters because it connects the options headline to the actual evidence: $0 of estimated gross traded notional, no dominant cluster, 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+12
1W price+3.4%
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 0.00 Volume divided by open interest across the visible chain.
Trend fit 98/100 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.
Conviction clusters No dominant cluster

No high-conviction option cluster is visible in this snapshot.

Setup Classification

Opportunity and risk frame

Context, not advice
Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Warning Event-risk setup

Expected move or upcoming earnings makes the setup more event-sensitive.

Activity Anomaly

Normal range

48

Activity is broadly in line with recent stored snapshots.

Baseline: 23 completed sessions

Volume rank22th
Volume/OI rank22th
IV rank100th

Market Context

Underlying confirmation

Sharemaestro weekly
Close8.81
1W+3.4%
RS42.0
Fair value+78.6%
Options pressure12
Speculation0
Volatility96
Trend fit98

Today Versus Normal

Stored-options context

View history
Expected move 16.9% elevated
30d avg 13.3% · 10 sessions 80th
90d avg - · 23/30 sessions -
180d avg - · 23/60 sessions -
IV 2.63 elevated
30d avg 0.97 · 10 sessions 100th
90d avg - · 23/30 sessions -
180d avg - · 23/60 sessions -
Put-call - history building
30d avg - · 6/10 sessions -
90d avg - · 18/30 sessions -
180d avg - · 18/60 sessions -
Volume/OI 0.00 near normal
30d avg 0.04 · 10 sessions 40th
90d avg - · 23/30 sessions -
180d avg - · 23/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:06 Volatility
Pressure 21
Move 16.0%
30 Jul 10:54 Volatility
Pressure 100
Move 24.2%
31 Jul 10:35 Volatility
Pressure 100
Move 13.3%
1 Aug 03:48 Volatility
Pressure 100
Move 14.0%
3 Aug 00:07 Volatility
Pressure 100
Move 12.9%
4 Aug 10:50 Volatility
Pressure 100
Move 23.8%
5 Aug 11:15 Volatility
Pressure 100
Move 20.9%
6 Aug 02:00 Volatility
Pressure 100
Move 14.4%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike7.50
Calls · V 0 · OI 21
Puts · V 0 · OI 9
Strike10.00
Calls · V 0 · OI 82
Puts · V 0 · OI 0
Strike12.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike15.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry18 Sep 2026
Contracts12
Avg IV2.63
Put-call-
Expiry16 Oct 2026
Contracts12
Avg IV0.54
Put-call-
Expiry20 Nov 2026
Contracts14
Avg IV0.43
Put-call-
Expiry15 Jan 2027
Contracts12
Avg IV0.43
Put-call-
Expiry16 Apr 2027
Contracts12
Avg IV0.32
Put-call-

Skew

Call/put IV balance

OTM demand
18 Sep 2026Call IV premium
Call IV1.64
Put IV1.42
Skew-0.22
16 Oct 2026Balanced skew
Call IV0.30
Put IV0.27
Skew-0.03
20 Nov 2026Balanced skew
Call IV0.20
Put IV0.18
Skew-0.02
15 Jan 2027Balanced skew
Call IV0.44
Put IV0.48
Skew0.04
16 Apr 2027Balanced skew
Call IV0.10
Put IV0.11
Skew0.01

Contract Tape

Most active contracts

Full contract tape
ContractLILA260918C00010000
SideCall
Expiry18 Sep 2026
Strike10.00
Volume-
OI82
IV1.64
ContractLILA261016C00007500
SideCall
Expiry16 Oct 2026
Strike7.50
Volume-
OI80
IV0.39
ContractLILA270115C00012500
SideCall
Expiry15 Jan 2027
Strike12.50
Volume-
OI62
IV0.30
ContractLILA261016C00012500
SideCall
Expiry16 Oct 2026
Strike12.50
Volume-
OI50
IV0.62
ContractLILA270115C00007500
SideCall
Expiry15 Jan 2027
Strike7.50
Volume-
OI26
IV0.01
ContractLILA260918C00007500
SideCall
Expiry18 Sep 2026
Strike7.50
Volume-
OI21
IV0.01
ContractLILA270115C00010000
SideCall
Expiry15 Jan 2027
Strike10.00
Volume-
OI19
IV0.44
ContractLILA260918P00007500
SidePut
Expiry18 Sep 2026
Strike7.50
Volume-
OI9
IV1.42

Evidence context