Primary read
Bearish
Put-side pressure
Ticker Options Intelligence
LLYVA options intelligence
Liberty Live Holdings, Inc. Series A Liberty Live Group Common Stock options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
42
Market data through 30 Jul 2026
Checked 31 Jul 2026 11:20 · complete available chain
Put-side pressure
Bearish pressure
LLYVA currently carries bearish options pressure with a 42/100 conviction score. The nearest-chain expected move is 10.8%, with volume/open-interest participation at 0.14.
Expected move
10.8%
Wider near-term move priced
Activity / OI
0.14
Current volume is quieter versus prior open interest
Put-call
5.00
Put-side skew
Trend fit
16
Options are not fully confirming trend
Weekly backdrop
-1.0%
Sharemaestro weekly context
Expected move
10.8%
Put-call volume
5.00
Volume / OI
0.14
Reference IV
0.42
Max pain
90.00
Underlying
95.65
Nearest expiry
21 Aug 2026
Contracts
168
Research Brief
LLYVA has a bearish chain read with 42/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 85.27–106.03; The largest call open-interest concentration is 90.00; the largest put concentration is 70.00. The most active strike by current volume is 40.00.
Priced range85.27–106.03
Call concentration90.00
Put concentration70.00
Max pain reference90.00
- Price remains weak while put-side concentration persists.
- Price recovers while put pressure fades or reverses toward calls.
- Options and the weekly trend are not yet giving the same message.
- 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
Options imply 85.27 to 106.03. Max pain at 90.00 sits inside that range, 5.9% below spot.
Spot
Max pain
85.2795.65 ± 10.38106.03
Confirmation level
A close beyond 106.03 or below 85.27 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 42/100
Pressure is 67/100 toward puts; conviction uses its strength, while the signal label carries its direction.
Directional pressure67 × 42%
+28.0
How strongly activity leans toward calls or puts.
Participation11 × 22%
+2.5
Volume relative to existing open interest and contract-level activity.
Trend agreement16 × 26%
+4.3
How closely the chain read agrees with the underlying trend backdrop.
Volatility69 × 10%
+6.9
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 90.00; the largest put concentration is 70.00. The most active strike by current volume is 40.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
40.00-58.2%
0
0
45.00-53.0%
0
0
50.00-47.7%
0
0
55.00-42.5%
0
0
60.00-37.3%
0
0
65.00-32.0%
0
1
70.00-26.8%
0
0
75.00-21.6%
0
0
80.00-16.4%
0
0
85.00-11.1%
0
1
90.00-5.9%
4
0
95.00-0.7%
4
0
100.004.5%
1
0
105.009.8%
1
0
110.0015.0%
0
0
115.0020.2%
0
0
120.0025.5%
1
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Front-loaded volatility
Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.
0.42
21 Aug
22d
0.33
18 Sep
50d
0.31
20 Nov
113d
0.30
19 Feb
204d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
80
85
90
95
100
105
110
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
Usable with limits
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 30 Jul 2026
- Calculation
- v2.0
- Contracts
- 168 / 168
- 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.
Put-side pressure is present before a decisive weekly price breakdown.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $2100 of estimated gross traded notional, puts · 91+ days · atm, and a bearish 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-67
1W price-1.0%
Call premium20%
Put premium80%
Notional split
C 20% / P 80%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.14
Volume divided by open interest across the visible chain.
Trend fit
16/100
Agreement between options pressure and Sharemaestro market context.
Event window
6 Aug
Matched earnings event is 4 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 2 contracts traded, $870 estimated gross traded notional, and 41% of visible notional.
$870
Puts · 91+ days · ITM
puts cluster with 1 contracts traded, $700 estimated gross traded notional, and 33% of visible notional.
$700
Calls · 91+ days · OTM
calls cluster with 1 contracts traded, $420 estimated gross traded notional, and 20% of visible notional.
$420
Puts · 91+ days · OTM
puts cluster with 2 contracts traded, $110 estimated gross traded notional, and 5% of visible notional.
$110
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
2 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 2 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close94.72
1W-1.0%
RS-
Fair value+3.5%
Options pressure-67
Speculation11
Volatility69
Trend fit16
Today Versus Normal
Stored-options context
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
30d avg - · 1/10 sessions
-
90d avg - · 1/30 sessions
-
180d avg - · 1/60 sessions
-
30d avg - · 2/10 sessions
-
90d avg - · 2/30 sessions
-
180d avg - · 2/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:29
Bearish
Pressure -99
Move 8.9%
30 Jul 10:25
Bullish
Pressure 99
Move 9.6%
31 Jul 10:20
Bearish
Pressure -67
Move 10.8%
Strike Map
Where activity is clustering
Strike40.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike45.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike50.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike55.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike60.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike70.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike75.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts40
Avg IV0.42
Put-call-
Expiry18 Sep 2026
Contracts40
Avg IV0.33
Put-call-
Expiry20 Nov 2026
Contracts44
Avg IV0.31
Put-call-
Expiry19 Feb 2027
Contracts44
Avg IV0.30
Put-call4.00
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV0.37
Put IV0.56
Skew0.20
18 Sep 2026Balanced skew
Call IV0.35
Put IV0.38
Skew0.03
20 Nov 2026Balanced skew
Call IV0.34
Put IV0.35
Skew0.01
19 Feb 2027Balanced skew
Call IV0.26
Put IV0.31
Skew0.05
Contract Tape
Most active contracts
ContractLLYVA270219P00050000
SidePut
Expiry19 Feb 2027
Strike50.00
Volume2
OI-
IV0.34
ContractLLYVA270219P00100000
SidePut
Expiry19 Feb 2027
Strike100.00
Volume1
OI3
IV0.30
ContractLLYVA270219P00095000
SidePut
Expiry19 Feb 2027
Strike95.00
Volume1
OI1
IV0.30
ContractLLYVA261120P00095000
SidePut
Expiry20 Nov 2026
Strike95.00
Volume1
OI1
IV0.34
ContractLLYVA270219C00115000
SideCall
Expiry19 Feb 2027
Strike115.00
Volume1
OI-
IV0.27
ContractLLYVA260821C00090000
SideCall
Expiry21 Aug 2026
Strike90.00
Volume-
OI4
IV0.41
ContractLLYVA260821C00095000
SideCall
Expiry21 Aug 2026
Strike95.00
Volume-
OI4
IV0.30
ContractLLYVA270219P00090000
SidePut
Expiry19 Feb 2027
Strike90.00
Volume-
OI3
IV0.31
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.