Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
LOGI options intelligence
Logitech International SA options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
34
Market data through 31 Jul 2026
Checked 1 Aug 2026 10:36 · complete available chain
Call-side pressure
Bullish pressure
LOGI currently carries bullish options pressure with a 34/100 conviction score. The nearest-chain expected move is 6.9%, with volume/open-interest participation at 0.00.
Expected move
6.9%
Wider near-term move priced
Activity / OI
0.00
Current volume is quieter versus prior open interest
Put-call
0.54
Call-side skew
Trend fit
55
Options are not fully confirming trend
Weekly backdrop
-3.1%
RS -8.6
Expected move
6.9%
Put-call volume
0.54
Volume / OI
0.00
Reference IV
0.36
Max pain
105.00
Underlying
105.78
Nearest expiry
21 Aug 2026
Contracts
332
Research Brief
LOGI has a bullish 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 98.53–113.03; The largest call open-interest concentration is 110.00; the largest put concentration is 105.00. The most active strike by current volume is 105.00.
Priced range98.53–113.03
Call concentration110.00
Put concentration105.00
Max pain reference105.00
- Price holds or improves while call-side concentration remains elevated.
- Price weakens while call pressure fades or reverses toward puts.
- Options and the weekly trend are not yet giving the same message.
Priced Move
Where the chain says movement becomes exceptional
Options imply 98.53 to 113.03. Max pain at 105.00 sits inside that range, 0.7% below spot.
Spot
Max pain
98.53105.78 ± 7.25113.03
Confirmation level
A close beyond 113.03 or below 98.53 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
Pressure is 33/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure33 × 42%
+13.8
How strongly activity leans toward calls or puts.
Participation1 × 22%
+0.3
Volume relative to existing open interest and contract-level activity.
Trend agreement55 × 26%
+14.4
How closely the chain read agrees with the underlying trend backdrop.
Volatility53 × 10%
+5.3
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 110.00; the largest put concentration is 105.00. The most active strike by current volume is 105.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
36
75.00-29.1%
72
154
85.00-19.6%
7
175
90.00-14.9%
33
219
95.00-10.2%
324
530
100.00-5.5%
169
658
105.00-0.7%
391
121
110.004.0%
913
150
115.008.7%
568
227
120.0013.4%
594
16
125.0018.2%
323
16
130.0022.9%
459
0
135.0027.6%
78
0
140.0032.4%
433
0
145.0037.1%
82
0
150.0041.8%
495
0
155.0046.5%
169
0
160.0051.3%
441
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.
0.36
21 Aug
21d
0.35
18 Sep
49d
0.37
16 Oct
77d
0.38
20 Nov
112d
0.38
18 Dec
140d
0.38
19 Mar
231d
Volatility by Strike
Balanced wings
Comparable upside calls and downside puts carry broadly similar implied volatility.
85
90
95
100
105
110
115
120
125
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
- 332 / 332
- 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.
Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $63359 of estimated gross traded notional, calls · 91+ days · itm, and a bullish flow against weak price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+33
1W price-3.1%
Call premium60%
Put premium40%
Notional split
C 60% / P 40%
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
55/100
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.
Calls · 91+ days · ITM
calls cluster with 13 contracts traded, $18135 estimated gross traded notional, and 29% of visible notional.
$18135
Puts · 46-90 days · ITM
puts cluster with 10 contracts traded, $11600 estimated gross traded notional, and 18% of visible notional.
$11600
Calls · 46-90 days · ITM
calls cluster with 8 contracts traded, $5480 estimated gross traded notional, and 9% of visible notional.
$5480
Puts · 8-21 days · ATM
puts cluster with 11 contracts traded, $5225 estimated gross traded notional, and 8% of visible notional.
$5225
Puts · 46-90 days · ATM
puts cluster with 6 contracts traded, $3810 estimated gross traded notional, and 6% of visible notional.
$3810
Setup Classification
Opportunity and risk frame
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
Close102.48
1W-3.1%
RS-8.6
Fair value+15.3%
Options pressure33
Speculation1
Volatility53
Trend fit55
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 10:20
Mixed
Pressure 9
Move 11.6%
30 Jul 10:15
Mixed
Pressure -6
Move 7.7%
31 Jul 10:06
Bearish
Pressure -21
Move 7.8%
31 Jul 17:44
Mixed
Pressure 2
Move 7.0%
1 Aug 09:36
Bullish
Pressure 33
Move 6.9%
Strike Map
Where activity is clustering
Strike50.00
Calls · V 0 · OI 0
Puts · V 0 · OI 6
Strike55.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike60.00
Calls · V 0 · OI 0
Puts · V 0 · OI 6
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 19
Strike70.00
Calls · V 0 · OI 3
Puts · V 0 · OI 36
Strike75.00
Calls · V 0 · OI 72
Puts · V 5 · OI 36
Strike80.00
Calls · V 0 · OI 13
Puts · V 0 · OI 35
Strike85.00
Calls · V 0 · OI 7
Puts · V 0 · OI 154
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts58
Avg IV0.36
Put-call0.47
Expiry18 Sep 2026
Contracts56
Avg IV0.35
Put-call0.41
Expiry16 Oct 2026
Contracts56
Avg IV0.37
Put-call-
Expiry20 Nov 2026
Contracts60
Avg IV0.38
Put-call-
Expiry18 Dec 2026
Contracts58
Avg IV0.38
Put-call-
Skew
Call/put IV balance
21 Aug 2026Balanced skew
Call IV0.36
Put IV0.37
Skew0.01
18 Sep 2026Balanced skew
Call IV0.35
Put IV0.36
Skew0.01
16 Oct 2026Put IV premium
Call IV0.34
Put IV0.40
Skew0.06
20 Nov 2026Put IV premium
Call IV0.36
Put IV0.41
Skew0.06
18 Dec 2026Balanced skew
Call IV0.36
Put IV0.41
Skew0.05
Contract Tape
Most active contracts
ContractLOGI270319C00100000
SideCall
Expiry19 Mar 2027
Strike100.00
Volume13
OI-
IV0.36
ContractLOGI260918C00110000
SideCall
Expiry18 Sep 2026
Strike110.00
Volume12
OI116
IV0.35
ContractLOGI260821P00105000
SidePut
Expiry21 Aug 2026
Strike105.00
Volume11
OI658
IV0.35
ContractLOGI260821C00120000
SideCall
Expiry21 Aug 2026
Strike120.00
Volume10
OI594
IV0.41
ContractLOGI261016P00110000
SidePut
Expiry16 Oct 2026
Strike110.00
Volume10
OI184
IV0.41
ContractLOGI260821C00125000
SideCall
Expiry21 Aug 2026
Strike125.00
Volume9
OI323
IV0.31
ContractLOGI260918C00100000
SideCall
Expiry18 Sep 2026
Strike100.00
Volume8
OI60
IV0.36
ContractLOGI260821C00115000
SideCall
Expiry21 Aug 2026
Strike115.00
Volume7
OI568
IV0.38
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.