Ticker Options Intelligence

LIND options intelligence

Lindblad Expeditions Holdings Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 44 Market data through 31 Jul 2026 Checked 31 Jul 2026 19:13 · complete available chain

Options-market disagreement

Mixed pressure

LIND currently carries mixed options pressure with a 44/100 conviction score. The nearest-chain expected move is 20.3%, with volume/open-interest participation at 0.19.

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

Options-market disagreement

Expected move 20.3%

Wider near-term move priced

Activity / OI 0.19

Current volume is quieter versus prior open interest

Put-call 1.25

Balanced tape

Trend fit 82

Options agree with trend context

Weekly backdrop +10.2%

RS 56.0

Expected move 20.3%
Put-call volume 1.25
Volume / OI 0.19
Reference IV 0.81
Max pain 17.50
Underlying 26.85
Nearest expiry 21 Aug 2026
Contracts 35

Research Brief

LIND has a mixed chain read with 44/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 21.40–32.30; The largest call open-interest concentration is 17.50; the largest put concentration is 25.00. The most active strike by current volume is 22.50.

Priced range21.40–32.30
Call concentration17.50
Put concentration25.00
Max pain reference17.50
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 21 Aug

Options imply 21.40 to 32.30. Max pain at 17.50 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
21.4026.85 ± 5.4532.30
Confirmation level

A close beyond 32.30 or below 21.40 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 44/100

Evidence alignment, not probability

Pressure is 8/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure8 × 42%
+3.2

How strongly activity leans toward calls or puts.

Participation44 × 22%
+9.8

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

Trend agreement82 × 26%
+21.3

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 score43.8Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 17.50; the largest put concentration is 25.00. The most active strike by current volume is 22.50. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
5.00-81.4%
0
0
7.50-72.1%
0
21
10.00-62.8%
0
41
12.50-53.4%
13
2
15.00-44.1%
1
84
17.50-34.8%
421
3
20.00-25.5%
0
1
22.50-16.2%
4
128
25.00-6.9%
78
3
30.0011.7%
29
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.31× front/back

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

0.81 21 Aug 21d
0.63 18 Sep 49d
0.49 16 Oct 77d
0.62 15 Jan 168d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

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

23
25
30
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 directional observations

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

A96/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
35 / 35
  • 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

86/100
Primary intent Earnings/event positioning

Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.

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

Earnings/event positioning matters because it connects the options headline to the actual evidence: $80852 of estimated gross traded notional, calls · 8-21 days · itm, 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-8
1W price+10.2%
Call premium87%
Put premium13%
Notional split C 87% / P 13% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.19 Volume divided by open interest across the visible chain.
Trend fit 82/100 Agreement between options pressure and Sharemaestro market context.
Event window 3 Aug Matched earnings event is 2 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Conviction clusters Calls · 8-21 days · ITM
Calls · 8-21 days · ITM calls cluster with 44 contracts traded, $34045 estimated gross traded notional, and 42% of visible notional.
$34045
Calls · 46-90 days · ITM calls cluster with 35 contracts traded, $25510 estimated gross traded notional, and 32% of visible notional.
$25510
Puts · 91+ days · OTM puts cluster with 100 contracts traded, $6200 estimated gross traded notional, and 8% of visible notional.
$6200
Calls · 91+ days · OTM calls cluster with 12 contracts traded, $5660 estimated gross traded notional, and 7% of visible notional.
$5660
Puts · 46-90 days · OTM puts cluster with 20 contracts traded, $3800 estimated gross traded notional, and 5% of visible notional.
$3800

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

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

Sharemaestro weekly
Close29.58
1W+10.2%
RS56.0
Fair value+140.7%
Options pressure-8
Speculation44
Volatility96
Trend fit82

Today Versus Normal

Stored-options context

View history
Expected move 20.3% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.81 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 1.25 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.19 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:07 Volatility
Pressure 55
Move 26.5%
30 Jul 10:54 Volatility
Pressure -90
Move 18.4%
30 Jul 18:36 Mixed
Pressure -14
Move 21.0%
31 Jul 11:40 Bullish
Pressure 34
Move 14.7%
31 Jul 17:06 Mixed
Pressure -13
Move 21.2%
31 Jul 18:13 Mixed
Pressure -8
Move 20.3%

Strike Map

Where activity is clustering

Full strike map
Strike5.00
Calls · V 0 · OI 0
Puts · V 2 · OI 0
Strike7.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike10.00
Calls · V 0 · OI 0
Puts · V 2 · OI 21
Strike12.50
Calls · V 1 · OI 13
Puts · V 0 · OI 41
Strike15.00
Calls · V 1 · OI 1
Puts · V 2 · OI 2
Strike17.50
Calls · V 10 · OI 421
Puts · V 1 · OI 84
Strike20.00
Calls · V 10 · OI 0
Puts · V 0 · OI 3
Strike22.50
Calls · V 20 · OI 4
Puts · V 0 · OI 1

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts17
Avg IV0.81
Put-call0.27
Expiry18 Sep 2026
Contracts2
Avg IV0.63
Put-call-
Expiry16 Oct 2026
Contracts10
Avg IV0.49
Put-call0.49
Expiry15 Jan 2027
Contracts6
Avg IV0.62
Put-call6.67

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV0.76
Put IV0.66
Skew-0.10
18 Sep 2026Incomplete skew
Call IV0.57
Put IV-
Skew-
16 Oct 2026Put IV premium
Call IV0.59
Put IV1.39
Skew0.80
15 Jan 2027Put IV premium
Call IV0.65
Put IV0.77
Skew0.12

Contract Tape

Most active contracts

Full contract tape
ContractLIND260821P00012500
SidePut
Expiry21 Aug 2026
Strike12.50
Volume-
OI41
IV2.73
ContractLIND261016P00012500
SidePut
Expiry16 Oct 2026
Strike12.50
Volume-
OI20
IV1.69
ContractLIND260821P00020000
SidePut
Expiry21 Aug 2026
Strike20.00
Volume-
OI3
IV2.30
ContractLIND270115P00020000
SidePut
Expiry15 Jan 2027
Strike20.00
Volume-
OI1
IV0.77
ContractLIND261016P00010000
SidePut
Expiry16 Oct 2026
Strike10.00
Volume-
OI1
IV1.80
ContractLIND260821P00022500
SidePut
Expiry21 Aug 2026
Strike22.50
Volume-
OI1
IV0.95
ContractLIND260918C00020000
SideCall
Expiry18 Sep 2026
Strike20.00
Volume-
OI1
IV0.70
ContractLIND261016P00015000
SidePut
Expiry16 Oct 2026
Strike15.00
Volume-
OI-
IV0.25