Ticker Options Intelligence

LEU options intelligence

Centrus Energy Corp. options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 34 Market data through 31 Jul 2026 Checked 31 Jul 2026 23:39 · complete available chain

Options-market disagreement

Mixed pressure

LEU currently carries mixed options pressure with a 34/100 conviction score. The nearest-chain expected move is 21.4%, with volume/open-interest participation at 0.08.

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

Options-market disagreement

Expected move 21.4%

Wider near-term move priced

Activity / OI 0.08

Current volume is quieter versus prior open interest

Put-call 0.76

Balanced tape

Trend fit 31

Options are not fully confirming trend

Weekly backdrop +5.0%

RS -35.4

Expected move 21.4%
Put-call volume 0.76
Volume / OI 0.08
Reference IV 1.01
Max pain 165.00
Underlying 163.89
Nearest expiry 21 Aug 2026
Contracts 600

Research Brief

LEU has a mixed chain read with 34/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 128.89–198.89; The largest call open-interest concentration is 200.00; the largest put concentration is 105.00. The most active strike by current volume is 200.00.

Priced range128.89–198.89
Call concentration200.00
Put concentration105.00
Max pain reference165.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • 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

Size, not direction · through 21 Aug

Options imply 128.89 to 198.89. Max pain at 165.00 sits inside that range, 0.7% above spot.

Spot Max pain
128.89163.89 ± 35.00198.89
Confirmation level

A close beyond 198.89 or below 128.89 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 34/100

Evidence alignment, not probability

Pressure is 17/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure17 × 42%
+7.3

How strongly activity leans toward calls or puts.

Participation42 × 22%
+9.2

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

Trend agreement31 × 26%
+8.1

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 score34.2Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 200.00; the largest put concentration is 105.00. The most active strike by current volume is 200.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
539
105.00-35.9%
1
283
140.00-14.6%
104
451
150.00-8.5%
16
280
155.00-5.4%
40
103
160.00-2.4%
145
356
165.000.7%
114
66
170.003.7%
226
65
175.006.8%
161
36
180.009.8%
276
177
185.0012.9%
170
33
190.0015.9%
281
17
200.0022.0%
1229
29
210.0028.1%
343
1
220.0034.2%
336
3
230.0040.3%
936
9
240.0046.4%
554
2
250.0052.5%
408
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.25× front/back

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

1.01 21 Aug 21d
0.91 18 Sep 49d
0.89 16 Oct 77d
0.90 18 Dec 140d
0.89 15 Jan 168d
0.90 17 Dec 504d
0.81 21 Jan 539d

Volatility by Strike

Balanced wings

Nearest expiry, within 20% of spot

Comparable upside calls and downside puts carry broadly similar implied volatility.

135
140
145
150
155
160
165
170
175
180
185
190
195
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

A100/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
600 / 600
  • 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

83/100
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: $21.3M of estimated gross traded notional, puts · 91+ 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+17
1W price+5.0%
Call premium45%
Put premium55%
Notional split C 45% / P 55% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.08 Volume divided by open interest across the visible chain.
Trend fit 31/100 Agreement between options pressure and Sharemaestro market context.
Event window 4 Aug Matched earnings event is 3 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 Puts · 91+ days · ITM
Puts · 91+ days · ITM puts cluster with 550 contracts traded, $10.1M estimated gross traded notional, and 47% of visible notional.
$10.1M
Calls · 91+ days · ITM calls cluster with 585 contracts traded, $6.1M estimated gross traded notional, and 29% of visible notional.
$6.1M
Calls · 91+ days · OTM calls cluster with 722 contracts traded, $2.5M estimated gross traded notional, and 12% of visible notional.
$2.5M
Puts · 46-90 days · ITM puts cluster with 332 contracts traded, $773412 estimated gross traded notional, and 4% of visible notional.
$773412
Puts · 91+ days · OTM puts cluster with 178 contracts traded, $365404 estimated gross traded notional, and 2% of visible notional.
$365404

Setup Classification

Opportunity and risk frame

Context, not advice
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.

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Warning Crowded strike risk

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

Sharemaestro weekly
Close163.89
1W+5.0%
RS-35.4
Fair value+31.6%
Options pressure17
Speculation42
Volatility96
Trend fit31

Today Versus Normal

Stored-options context

View history
Expected move 21.4% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 1.01 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.76 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.08 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 10:51 Mixed
Pressure 7
Move 21.2%
30 Jul 09:40 Bullish
Pressure 40
Move 20.0%
31 Jul 10:16 Mixed
Pressure -1
Move 20.8%
31 Jul 17:39 Mixed
Pressure 16
Move 20.7%
31 Jul 22:39 Mixed
Pressure 17
Move 21.4%

Strike Map

Where activity is clustering

Full strike map
Strike90.00
Calls · V 0 · OI 10
Puts · V 5 · OI 28
Strike95.00
Calls · V 0 · OI 0
Puts · V 1 · OI 43
Strike100.00
Calls · V 4 · OI 18
Puts · V 4 · OI 28
Strike105.00
Calls · V 0 · OI 1
Puts · V 1 · OI 539
Strike110.00
Calls · V 4 · OI 7
Puts · V 1 · OI 54
Strike115.00
Calls · V 0 · OI 0
Puts · V 1 · OI 48
Strike120.00
Calls · V 1 · OI 3
Puts · V 5 · OI 171
Strike125.00
Calls · V 1 · OI 3
Puts · V 42 · OI 89

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts57
Avg IV1.01
Put-call0.77
Expiry18 Sep 2026
Contracts38
Avg IV0.91
Put-call2.17
Expiry16 Oct 2026
Contracts68
Avg IV0.89
Put-call1.22
Expiry18 Dec 2026
Contracts112
Avg IV0.90
Put-call0.77
Expiry15 Jan 2027
Contracts112
Avg IV0.89
Put-call1.10

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV1.01
Put IV0.97
Skew-0.04
18 Sep 2026Call IV premium
Call IV0.92
Put IV0.87
Skew-0.05
16 Oct 2026Balanced skew
Call IV0.91
Put IV0.86
Skew-0.05
18 Dec 2026Call IV premium
Call IV0.93
Put IV0.88
Skew-0.06
15 Jan 2027Call IV premium
Call IV0.92
Put IV0.86
Skew-0.06

Contract Tape

Most active contracts

Full contract tape
ContractLEU271217C00110000
SideCall
Expiry17 Dec 2027
Strike110.00
Volume-
OI92
IV1.02
ContractLEU280121C00105000
SideCall
Expiry21 Jan 2028
Strike105.00
Volume-
OI71
IV1.02
ContractLEU260821C00090000
SideCall
Expiry21 Aug 2026
Strike90.00
Volume-
OI10
IV1.18
ContractLEU260918P00175000
SidePut
Expiry18 Sep 2026
Strike175.00
Volume-
OI8
IV0.86
ContractLEU260918C00145000
SideCall
Expiry18 Sep 2026
Strike145.00
Volume-
OI2
IV0.98
ContractLEU280121C00110000
SideCall
Expiry21 Jan 2028
Strike110.00
Volume-
OI2
IV1.07
ContractLEU260821P00260000
SidePut
Expiry21 Aug 2026
Strike260.00
Volume-
OI2
IV0.64
ContractLEU261218P00460000
SidePut
Expiry18 Dec 2026
Strike460.00
Volume-
OI2
IV0.00