Ticker Options Intelligence

LESL options intelligence

Leslies Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 40 Market data through 30 Jul 2026 Checked 31 Jul 2026 11:18 · complete available chain

Call-side pressure

Bullish pressure

LESL currently carries bullish options pressure with a 40/100 conviction score. The nearest-chain expected move is 52.4%, with volume/open-interest participation at 0.01.

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

Call-side pressure

Expected move 52.4%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 0.25

Call-side skew

Trend fit 10

Options are not fully confirming trend

Weekly backdrop -23.3%

RS -74.8

Expected move 52.4%
Put-call volume 0.25
Volume / OI 0.01
Reference IV 3.50
Max pain 2.50
Underlying 1.24
Nearest expiry 21 Aug 2026
Contracts 88

Research Brief

LESL has a bullish 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 0.59–1.89; The largest call open-interest concentration is 5.00; the largest put concentration is 2.50. The most active strike by current volume is 2.50.

Priced range0.59–1.89
Call concentration5.00
Put concentration2.50
Max pain reference2.50
What would confirm it
  • Price holds or improves while call-side concentration remains elevated.
What would weaken it
  • Price weakens while call pressure fades or reverses toward puts.
  • 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 0.59 to 1.89. Max pain at 2.50 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
0.591.24 ± 0.651.89
Confirmation level

A close beyond 1.89 or below 0.59 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 40/100

Evidence alignment, not probability

Pressure is 62/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure62 × 42%
+26.2

How strongly activity leans toward calls or puts.

Participation6 × 22%
+1.3

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

Trend agreement10 × 26%
+2.7

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 score39.8Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 5.00; the largest put concentration is 2.50. 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
200
0.50-59.7%
6
639
1.00-19.4%
23
10
1.5021.0%
115
2
2.0061.3%
17
1118
2.50101.6%
899
405
5.00303.2%
4429
43
7.50504.8%
311
0
10.00706.5%
162
0
12.50908.1%
23
0
15.001109.7%
201
0
17.501311.3%
40
0
20.001512.9%
10
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.33× front/back

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

3.50 21 Aug 22d
1.69 18 Sep 50d
2.33 20 Nov 113d
2.63 19 Feb 204d

Volatility by Strike

Smile incomplete

Nearest expiry, within 20% of spot

There is not enough comparable OTM call and put volatility to classify the smile.

1
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

Usable with limits

C69/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
30 Jul 2026
Calculation
v2.0
Contracts
88 / 88
  • 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

87/100
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 Bullish flow against weak price

Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $5948 of estimated gross traded notional, puts · 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+62
1W price-23.3%
Call premium42%
Put premium58%
Notional split C 42% / P 58% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.01 Volume divided by open interest across the visible chain.
Trend fit 10/100 Agreement between options pressure and Sharemaestro market context.
Event window 5 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 16 contracts traded, $2780 estimated gross traded notional, and 47% of visible notional.
$2780
Calls · 91+ days · OTM calls cluster with 30 contracts traded, $1150 estimated gross traded notional, and 19% of visible notional.
$1150
Calls · 91+ days · ITM calls cluster with 16 contracts traded, $840 estimated gross traded notional, and 14% of visible notional.
$840
Puts · 91+ days · OTM puts cluster with 6 contracts traded, $352 estimated gross traded notional, and 6% of visible notional.
$352
Puts · 8-21 days · ITM puts cluster with 2 contracts traded, $305 estimated gross traded notional, and 5% of visible notional.
$305

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.

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

Sharemaestro weekly
Close0.95
1W-23.3%
RS-74.8
Fair value-98.1%
Options pressure62
Speculation6
Volatility96
Trend fit10

Today Versus Normal

Stored-options context

View history
Expected move 52.4% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 3.50 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 0.25 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.01 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:49 Volatility
Pressure -75
Move 60.5%
30 Jul 11:26 Volatility
Pressure 52
Move 46.4%
31 Jul 03:31 Mixed
Pressure 0
Move 86.7%
31 Jul 10:18 Bullish
Pressure 62
Move 52.4%

Strike Map

Where activity is clustering

Full strike map
Strike0.50
Calls · V 2 · OI 6
Puts · V 0 · OI 200
Strike1.00
Calls · V 2 · OI 23
Puts · V 0 · OI 639
Strike1.50
Calls · V 0 · OI 115
Puts · V 0 · OI 10
Strike2.00
Calls · V 1 · OI 17
Puts · V 0 · OI 2
Strike2.50
Calls · V 20 · OI 899
Puts · V 2 · OI 1118
Strike5.00
Calls · V 20 · OI 4429
Puts · V 0 · OI 405
Strike7.50
Calls · V 0 · OI 311
Puts · V 0 · OI 43
Strike10.00
Calls · V 1 · OI 162
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts24
Avg IV3.50
Put-call0.04
Expiry18 Sep 2026
Contracts16
Avg IV1.69
Put-call-
Expiry20 Nov 2026
Contracts24
Avg IV2.33
Put-call0.07
Expiry19 Feb 2027
Contracts24
Avg IV2.63
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV1.42
Put IV6.57
Skew5.15
18 Sep 2026Call IV premium
Call IV3.12
Put IV1.95
Skew-1.17
20 Nov 2026Put IV premium
Call IV0.85
Put IV2.27
Skew1.41
19 Feb 2027Put IV premium
Call IV1.28
Put IV2.63
Skew1.35

Contract Tape

Most active contracts

Full contract tape
ContractLESL260821C00005000
SideCall
Expiry21 Aug 2026
Strike5.00
Volume20
OI4429
IV3.37
ContractLESL260821C00002500
SideCall
Expiry21 Aug 2026
Strike2.50
Volume20
OI899
IV2.32
ContractLESL261120C00002500
SideCall
Expiry20 Nov 2026
Strike2.50
Volume20
OI188
IV1.02
ContractLESL261120C00001000
SideCall
Expiry20 Nov 2026
Strike1.00
Volume16
OI-
IV3.25
ContractLESL270219P00002500
SidePut
Expiry19 Feb 2027
Strike2.50
Volume10
OI1702
IV2.95
ContractLESL261120C00001500
SideCall
Expiry20 Nov 2026
Strike1.50
Volume10
OI14
IV3.18
ContractLESL270219P00001500
SidePut
Expiry19 Feb 2027
Strike1.50
Volume6
OI1580
IV3.01
ContractLESL260918C00002000
SideCall
Expiry18 Sep 2026
Strike2.00
Volume4
OI7
IV1.28