Ticker Options Intelligence

LPLA options intelligence

LPL Financial Holdings Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 43 Market data through 30 Jul 2026 Checked 31 Jul 2026 11:03 · complete available chain

Put-side pressure

Bearish pressure

LPLA currently carries bearish options pressure with a 43/100 conviction score. The nearest-chain expected move is 10.5%, 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 Bearish

Put-side pressure

Expected move 10.5%

Wider near-term move priced

Activity / OI 0.08

Current volume is quieter versus prior open interest

Put-call 1.69

Put-side skew

Trend fit 86

Options agree with trend context

Weekly backdrop +7.6%

RS -3.0

Expected move 10.5%
Put-call volume 1.69
Volume / OI 0.08
Reference IV 0.52
Max pain 330.00
Underlying 328.70
Nearest expiry 21 Aug 2026
Contracts 380

Research Brief

LPLA has a bearish chain read with 43/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 294.25–363.15; The largest call open-interest concentration is 350.00; the largest put concentration is 320.00. The most active strike by current volume is 300.00.

Priced range294.25–363.15
Call concentration350.00
Put concentration320.00
Max pain reference330.00
What would confirm it
  • Price remains weak while put-side concentration persists.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Price recovers while put pressure fades or reverses toward calls.
  • 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 294.25 to 363.15. Max pain at 330.00 sits inside that range, 0.4% above spot.

Spot Max pain
294.25328.70 ± 34.45363.15
Confirmation level

A close beyond 363.15 or below 294.25 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 43/100

Evidence alignment, not probability

Pressure is 24/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure24 × 42%
+10.1

How strongly activity leans toward calls or puts.

Participation11 × 22%
+2.3

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

Trend agreement86 × 26%
+22.5

How closely the chain read agrees with the underlying trend backdrop.

Volatility77 × 10%
+7.7

The intensity of implied volatility and the priced move.

Reconstructed score42.6Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 350.00; the largest put concentration is 320.00. The most active strike by current volume is 300.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
8
200.00-39.2%
0
103
240.00-27.0%
0
7
260.00-20.9%
2
19
270.00-17.9%
1
59
280.00-14.8%
8
11
290.00-11.8%
2
105
300.00-8.7%
2
53
310.00-5.7%
10
117
320.00-2.6%
2
0
330.000.4%
71
0
340.003.4%
21
0
350.006.5%
235
75
360.009.5%
106
0
370.0012.6%
141
0
380.0015.6%
21
0
390.0018.6%
46
0
400.0021.7%
11
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.

0.52 21 Aug 22d
0.45 18 Sep 50d
0.42 16 Oct 78d
0.42 18 Dec 141d
0.42 15 Jan 169d

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.

270
280
290
300
310
320
330
340
350
360
370
380
390
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
380 / 380
  • 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

Put-heavy activity

62/100
Primary intent Put-heavy activity

Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.

Flow vs price divergence Bearish flow against rising price

Put-side pressure is building while price is rising, a cautionary divergence.

Why this matters

Put-heavy activity matters because it connects the options headline to the actual evidence: $617975 of estimated gross traded notional, calls · 46-90 days · otm, and a bearish flow against rising price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-24
1W price+7.6%
Call premium61%
Put premium39%
Notional split C 61% / P 39% 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 86/100 Agreement between options pressure and Sharemaestro market context.
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 · 46-90 days · OTM
Calls · 46-90 days · OTM calls cluster with 93 contracts traded, $184140 estimated gross traded notional, and 30% of visible notional.
$184140
Calls · 91+ days · ITM calls cluster with 8 contracts traded, $136425 estimated gross traded notional, and 22% of visible notional.
$136425
Puts · 8-21 days · ATM puts cluster with 108 contracts traded, $130680 estimated gross traded notional, and 21% of visible notional.
$130680
Calls · 8-21 days · OTM calls cluster with 51 contracts traded, $52865 estimated gross traded notional, and 9% of visible notional.
$52865
Puts · 8-21 days · OTM puts cluster with 120 contracts traded, $52125 estimated gross traded notional, and 8% of visible notional.
$52125

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.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

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
Close353.70
1W+7.6%
RS-3.0
Fair value+18.7%
Options pressure-24
Speculation11
Volatility77
Trend fit86

Today Versus Normal

Stored-options context

View history
Expected move 10.5% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 0.52 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 1.69 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.08 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 10:18 Volatility
Pressure -23
Move 11.1%
30 Jul 06:53 Volatility
Pressure 89
Move 10.4%
31 Jul 10:03 Bearish
Pressure -24
Move 10.5%

Strike Map

Where activity is clustering

Full strike map
Strike180.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike185.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike190.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike195.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike200.00
Calls · V 0 · OI 0
Puts · V 0 · OI 8
Strike210.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike220.00
Calls · V 0 · OI 1
Puts · V 0 · OI 4
Strike230.00
Calls · V 0 · OI 0
Puts · V 0 · OI 6

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts58
Avg IV0.52
Put-call4.98
Expiry18 Sep 2026
Contracts60
Avg IV0.45
Put-call-
Expiry16 Oct 2026
Contracts82
Avg IV0.42
Put-call0.06
Expiry18 Dec 2026
Contracts94
Avg IV0.42
Put-call-
Expiry15 Jan 2027
Contracts86
Avg IV0.42
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.50
Put IV0.55
Skew0.05
18 Sep 2026Put IV premium
Call IV0.40
Put IV0.46
Skew0.07
16 Oct 2026Balanced skew
Call IV0.40
Put IV0.43
Skew0.04
18 Dec 2026Put IV premium
Call IV0.38
Put IV0.43
Skew0.06
15 Jan 2027Put IV premium
Call IV0.38
Put IV0.43
Skew0.06

Contract Tape

Most active contracts

Full contract tape
ContractLPLA260821P00300000
SidePut
Expiry21 Aug 2026
Strike300.00
Volume115
OI105
IV0.56
ContractLPLA260821P00330000
SidePut
Expiry21 Aug 2026
Strike330.00
Volume108
OI-
IV0.50
ContractLPLA261016C00350000
SideCall
Expiry16 Oct 2026
Strike350.00
Volume93
OI313
IV0.38
ContractLPLA260821P00340000
SidePut
Expiry21 Aug 2026
Strike340.00
Volume26
OI-
IV0.49
ContractLPLA260821C00340000
SideCall
Expiry21 Aug 2026
Strike340.00
Volume16
OI21
IV0.51
ContractLPLA260821C00370000
SideCall
Expiry21 Aug 2026
Strike370.00
Volume10
OI141
IV0.50
ContractLPLA260821C00350000
SideCall
Expiry21 Aug 2026
Strike350.00
Volume8
OI235
IV0.49
ContractLPLA260821C00360000
SideCall
Expiry21 Aug 2026
Strike360.00
Volume8
OI106
IV0.49