Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
LNN options intelligence
Lindsay Corporation options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
25
Market data through 11 Aug 2026
Checked 12 Aug 2026 10:31 · complete available chain
Options-market disagreement
Mixed pressure
LNN currently carries mixed options pressure with a 25/100 conviction score. The nearest-chain expected move is 4.4%, with volume/open-interest participation at 0.00.
Expected move
4.4%
Near-term move context
Activity / OI
0.00
Current volume is quieter versus prior open interest
Put-call
-
Balanced tape
Trend fit
59
Options are not fully confirming trend
Weekly backdrop
+4.7%
RS -14.9
Expected move
4.4%
Put-call volume
-
Volume / OI
-
Reference IV
0.37
Max pain
115.00
Underlying
116.06
Nearest expiry
21 Aug 2026
Contracts
192
Research Brief
LNN has a mixed chain read with 25/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 110.91–121.21; The largest call open-interest concentration is 130.00; the largest put concentration is 100.00. The most active strike by current volume is 60.00.
Priced range110.91–121.21
Call concentration130.00
Put concentration100.00
Max pain reference115.00
- A clear directional pressure reading develops and price begins to agree.
- Volatility falls and the chain remains directionally mixed.
- Options and the weekly trend are not yet giving the same message.
Priced Move
Where the chain says movement becomes exceptional
Options imply 110.91 to 121.21. Max pain at 115.00 sits inside that range, 0.9% below spot.
Spot
Max pain
110.91116.06 ± 5.15121.21
Confirmation level
A close beyond 121.21 or below 110.91 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 25/100
Pressure is 12/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure12 × 42%
+4.9
How strongly activity leans toward calls or puts.
Participation0 × 22%
+0.0
Volume relative to existing open interest and contract-level activity.
Trend agreement59 × 26%
+15.4
How closely the chain read agrees with the underlying trend backdrop.
Volatility43 × 10%
+4.3
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 130.00; the largest put concentration is 100.00. The most active strike by current volume is 60.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
60.00-48.3%
0
0
65.00-44.0%
0
0
70.00-39.7%
0
0
75.00-35.4%
0
0
80.00-31.1%
0
0
85.00-26.8%
0
0
90.00-22.5%
0
2
95.00-18.1%
0
5
100.00-13.8%
0
5
105.00-9.5%
0
0
110.00-5.2%
1
2
115.00-0.9%
6
3
120.003.4%
4
0
125.007.7%
0
1
130.0012.0%
15
0
135.0016.3%
10
0
140.0020.6%
2
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Gamma Profile by Strike
Positive gamma proxy
Call-side gamma sensitivity outweighs the put-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.
Net profile+$379,258Delta change / 1% move
Positive peak105.00+$220,167
Negative peak90.00-$452
Nearest balance100.01Interpolated sign change
StrikeNegativePositiveNet / 1% move
70.00-39.7%
-$26
75.00-35.4%
-$140
80.00-31.1%
-$12
85.00-26.8%
-$146
90.00-22.5%
-$452
95.00-18.1%
+$144,175
100.00-13.8%
-$319
105.00-9.5%
+$220,167
110.00-5.2%
+$1,666
115.00-0.9%
+$7,082
120.003.4%
+$1,057
125.007.7%
+$1,291
130.0012.0%
+$2,004
135.0016.3%
+$552
140.0020.6%
+$1,518
145.0024.9%
+$172
150.0029.2%
+$230
155.0033.6%
+$116
160.0037.9%
+$144
165.0042.2%
+$102
170.0046.5%
+$76
Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike
Scenario proxy = gamma × open interest × 100 shares × spot² × 1%. Calls are positive and puts negative by convention. Missing Greeks use a Black-Scholes estimate from stored IV with zero rate and dividend assumptions. Open interest does not reveal who is long or short, so this is not observed dealer positioning or a forecast.
Volatility Curve
Balanced volatility curve
Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.
0.37
21 Aug
10d
0.34
18 Sep
38d
0.35
18 Dec
129d
0.35
19 Mar
220d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
95
100
105
110
115
120
125
130
135
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
- Auditable calculationoriginal version retained
- Independent entryone read per market session
- Point-in-time referencerequired at entry
- Matched expiry closereported only after maturity
Eligible snapshots must have a dated market session, stored signal, and point-in-time market reference. Each observation uses one read per market session and the first stored weekly close on or immediately after expiry; its original calculation version is retained. It is an evidence audit, not an executable strategy or evidence of future performance.
Evidence Quality
Usable with limits
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 11 Aug 2026
- Calculation
- v2.0
- Contracts
- 192 / 192
- 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
Likely noise
Visible options activity is too thin or mixed to support a strong intent classification.
The options read is mixed, so divergence is not strong enough to classify.
Likely noise matters because it connects the options headline to the actual evidence: $0 of estimated gross traded notional, no dominant cluster, 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+12
1W price+4.7%
Call premium0%
Put premium0%
Notional split
C 0% / P 0%
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
59/100
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.
No high-conviction option cluster is visible in this snapshot.
Setup Classification
Opportunity and risk frame
Underlying price is close to the max-pain zone.
Activity Anomaly
Normal range
Activity is broadly in line with recent stored snapshots.
Baseline: 10 completed sessions
Volume rank30th
Volume/OI rank30th
IV rank20th
Market Context
Underlying confirmation
Close116.06
1W+4.7%
RS-14.9
Fair value-4.8%
Options pressure12
Speculation0
Volatility43
Trend fit59
Today Versus Normal
Stored-options context
30d avg 7.0% · 10 sessions
0th
90d avg - · 10/30 sessions
-
180d avg - · 10/60 sessions
-
30d avg 0.41 · 10 sessions
20th
90d avg - · 10/30 sessions
-
180d avg - · 10/60 sessions
-
30d avg - · 7/10 sessions
-
90d avg - · 7/30 sessions
-
180d avg - · 7/60 sessions
-
30d avg 0.01 · 10 sessions
30th
90d avg - · 10/30 sessions
-
180d avg - · 10/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 11:12
Bearish
Pressure -63
Move 7.8%
30 Jul 10:59
Mixed
Pressure 12
Move 7.7%
30 Jul 17:38
Bullish
Pressure 49
Move 7.8%
31 Jul 20:44
Bullish
Pressure 51
Move 7.2%
1 Aug 07:56
Bullish
Pressure 100
Move 7.2%
2 Aug 18:23
Bullish
Pressure 100
Move 6.7%
4 Aug 11:57
Mixed
Pressure 12
Move 7.2%
4 Aug 17:16
Bullish
Pressure 50
Move 7.0%
Strike Map
Where activity is clustering
Strike60.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike70.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike75.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike80.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike85.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike90.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike95.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts46
Avg IV0.37
Put-call-
Expiry18 Sep 2026
Contracts54
Avg IV0.34
Put-call-
Expiry18 Dec 2026
Contracts46
Avg IV0.35
Put-call-
Expiry19 Mar 2027
Contracts46
Avg IV0.35
Put-call-
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV0.42
Put IV0.48
Skew0.06
18 Sep 2026Balanced skew
Call IV0.36
Put IV0.33
Skew-0.03
18 Dec 2026Balanced skew
Call IV0.32
Put IV0.37
Skew0.05
19 Mar 2027Balanced skew
Call IV0.33
Put IV0.37
Skew0.04
Contract Tape
Most active contracts
ContractLNN261218C00095000
SideCall
Expiry18 Dec 2026
Strike95.00
Volume-
OI1159
IV0.35
ContractLNN261218C00105000
SideCall
Expiry18 Dec 2026
Strike105.00
Volume-
OI1153
IV0.34
ContractLNN261218C00115000
SideCall
Expiry18 Dec 2026
Strike115.00
Volume-
OI16
IV0.34
ContractLNN260821C00130000
SideCall
Expiry21 Aug 2026
Strike130.00
Volume-
OI15
IV0.29
ContractLNN260821C00135000
SideCall
Expiry21 Aug 2026
Strike135.00
Volume-
OI10
IV0.37
ContractLNN260918C00125000
SideCall
Expiry18 Sep 2026
Strike125.00
Volume-
OI9
IV0.36
ContractLNN261218C00140000
SideCall
Expiry18 Dec 2026
Strike140.00
Volume-
OI8
IV0.34
ContractLNN261218P00070000
SidePut
Expiry18 Dec 2026
Strike70.00
Volume-
OI8
IV0.30
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.