Ticker Options Intelligence

LTH options intelligence

Life Time Group Holdings Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 49 Market data through 31 Jul 2026 Checked 1 Aug 2026 15:38 · complete available chain

Put-side pressure

Bearish pressure

LTH currently carries bearish options pressure with a 49/100 conviction score. The nearest-chain expected move is 9.5%, with volume/open-interest participation at 0.14.

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

Put-side pressure

Expected move 9.5%

Wider near-term move priced

Activity / OI 0.14

Current volume is quieter versus prior open interest

Put-call 2.60

Put-side skew

Trend fit 35

Options are not fully confirming trend

Weekly backdrop +6.5%

RS 39.8

Expected move 9.5%
Put-call volume 2.60
Volume / OI 0.14
Reference IV 0.40
Max pain 45.00
Underlying 45.10
Nearest expiry 21 Aug 2026
Contracts 86

Research Brief

LTH has a bearish chain read with 49/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 40.80–49.40; The largest call open-interest concentration is 45.00; the largest put concentration is 45.00. The most active strike by current volume is 45.00.

Priced range40.80–49.40
Call concentration45.00
Put concentration45.00
Max pain reference45.00
What would confirm it
  • Price remains weak while put-side concentration persists.
What would weaken it
  • Price recovers while put pressure fades or reverses toward calls.
  • Options and the weekly trend are not yet giving the same message.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 40.80 to 49.40. Max pain at 45.00 sits inside that range, 0.2% below spot.

Spot Max pain
40.8045.10 ± 4.3049.40
Confirmation level

A close beyond 49.40 or below 40.80 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 49/100

Evidence alignment, not probability

Pressure is 56/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure56 × 42%
+23.7

How strongly activity leans toward calls or puts.

Participation43 × 22%
+9.5

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

Trend agreement35 × 26%
+9.1

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

Volatility66 × 10%
+6.6

The intensity of implied volatility and the priced move.

Reconstructed score49.0Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 45.00; the largest put concentration is 45.00. The most active strike by current volume is 45.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
17.50-61.2%
0
0
20.00-55.7%
0
0
22.50-50.1%
0
0
25.00-44.6%
0
1
30.00-33.5%
1
33
35.00-22.4%
32
130
40.00-11.3%
31
1091
45.00-0.2%
137
0
50.0010.9%
97
0
55.0022.0%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Back-loaded volatility

0.87× front/back

Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.

0.40 21 Aug 21d
0.39 18 Sep 49d
0.50 16 Oct 77d
0.46 15 Jan 168d

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.

40
45
50
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

A97/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
86 / 86
  • 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

76/100
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 Bearish flow against rising price

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

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $978402 of estimated gross traded notional, puts · 46-90 days · atm, 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-56
1W price+6.5%
Call premium16%
Put premium84%
Notional split C 16% / P 84% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.14 Volume divided by open interest across the visible chain.
Trend fit 35/100 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 · 46-90 days · ATM
Puts · 46-90 days · ATM puts cluster with 2163 contracts traded, $821940 estimated gross traded notional, and 84% of visible notional.
$821940
Calls · 46-90 days · ATM calls cluster with 265 contracts traded, $85750 estimated gross traded notional, and 9% of visible notional.
$85750
Calls · 46-90 days · OTM calls cluster with 554 contracts traded, $61540 estimated gross traded notional, and 6% of visible notional.
$61540
Calls · 8-21 days · ATM calls cluster with 21 contracts traded, $5145 estimated gross traded notional, and 1% of visible notional.
$5145
Puts · 8-21 days · ATM puts cluster with 20 contracts traded, $3700 estimated gross traded notional, and 0% of visible notional.
$3700

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.

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
Close45.10
1W+6.5%
RS39.8
Fair value+86.8%
Options pressure-56
Speculation43
Volatility66
Trend fit35

Today Versus Normal

Stored-options context

View history
Expected move 9.5% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.40 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 2.60 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.14 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 10:32 Volatility
Pressure -100
Move 17.3%
30 Jul 10:30 Volatility
Pressure 21
Move 19.3%
31 Jul 10:21 Bearish
Pressure -37
Move 13.6%
31 Jul 21:00 Volatility
Pressure -94
Move 13.8%
1 Aug 08:39 Bearish
Pressure -56
Move 13.8%
1 Aug 14:38 Bearish
Pressure -56
Move 9.5%

Strike Map

Where activity is clustering

Full strike map
Strike17.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike20.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike22.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike25.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike30.00
Calls · V 0 · OI 1
Puts · V 0 · OI 1
Strike35.00
Calls · V 0 · OI 32
Puts · V 0 · OI 33
Strike40.00
Calls · V 0 · OI 31
Puts · V 0 · OI 130
Strike45.00
Calls · V 21 · OI 137
Puts · V 20 · OI 1091

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts20
Avg IV0.40
Put-call0.95
Expiry18 Sep 2026
Contracts18
Avg IV0.39
Put-call-
Expiry16 Oct 2026
Contracts24
Avg IV0.50
Put-call196.64
Expiry15 Jan 2027
Contracts24
Avg IV0.46
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.19
Put IV0.66
Skew0.47
18 Sep 2026Put IV premium
Call IV0.41
Put IV0.50
Skew0.09
16 Oct 2026Put IV premium
Call IV0.46
Put IV0.53
Skew0.07
15 Jan 2027Balanced skew
Call IV0.46
Put IV0.50
Skew0.04

Contract Tape

Most active contracts

Full contract tape
ContractLTH261016P00045000
SidePut
Expiry16 Oct 2026
Strike45.00
Volume2163
OI12773
IV0.49
ContractLTH260918C00050000
SideCall
Expiry18 Sep 2026
Strike50.00
Volume499
OI12
IV0.41
ContractLTH260918C00045000
SideCall
Expiry18 Sep 2026
Strike45.00
Volume255
OI4
IV0.46
ContractLTH260918C00055000
SideCall
Expiry18 Sep 2026
Strike55.00
Volume54
OI2113
IV0.22
ContractLTH260821C00045000
SideCall
Expiry21 Aug 2026
Strike45.00
Volume21
OI137
IV0.54
ContractLTH260821P00045000
SidePut
Expiry21 Aug 2026
Strike45.00
Volume20
OI1091
IV0.45
ContractLTH261016C00045000
SideCall
Expiry16 Oct 2026
Strike45.00
Volume10
OI12
IV0.47
ContractLTH270115P00040000
SidePut
Expiry15 Jan 2027
Strike40.00
Volume1
OI137
IV0.50