Ticker Options Intelligence

LDOS options intelligence

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

Conviction 43 Market data through 30 Jul 2026 Checked 31 Jul 2026 11:07 · complete available chain

Options-market disagreement

Mixed pressure

LDOS currently carries mixed options pressure with a 43/100 conviction score. The nearest-chain expected move is 9.9%, with volume/open-interest participation at 0.05.

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

Options-market disagreement

Expected move 9.9%

Wider near-term move priced

Activity / OI 0.05

Current volume is quieter versus prior open interest

Put-call 1.56

Put-side skew

Trend fit 76

Options agree with trend context

Weekly backdrop +5.3%

RS -37.2

Expected move 9.9%
Put-call volume 1.56
Volume / OI 0.05
Reference IV 0.49
Max pain 110.00
Underlying 112.14
Nearest expiry 21 Aug 2026
Contracts 408

Research Brief

LDOS has a mixed 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 100.99–123.29; The largest call open-interest concentration is 125.00; the largest put concentration is 100.00. The most active strike by current volume is 115.00.

Priced range100.99–123.29
Call concentration125.00
Put concentration100.00
Max pain reference110.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • 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 100.99 to 123.29. Max pain at 110.00 sits inside that range, 1.9% below spot.

Spot Max pain
100.99112.14 ± 11.15123.29
Confirmation level

A close beyond 123.29 or below 100.99 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 15/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure15 × 42%
+6.5

How strongly activity leans toward calls or puts.

Participation41 × 22%
+9.1

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

Trend agreement76 × 26%
+19.8

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

Volatility74 × 10%
+7.4

The intensity of implied volatility and the priced move.

Reconstructed score42.7Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 125.00; the largest put concentration is 100.00. The most active strike by current volume is 115.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
97
90.00-19.7%
5
87
95.00-15.3%
5
725
100.00-10.8%
41
118
105.00-6.4%
66
61
110.00-1.9%
211
100
115.002.6%
308
35
120.007.0%
297
84
125.0011.5%
507
47
130.0015.9%
153
9
135.0020.4%
150
0
140.0024.8%
128
1
145.0029.3%
133
0
150.0033.8%
455
2
155.0038.2%
122
5
160.0042.7%
77
0
175.0056.1%
78
0
200.0078.3%
105
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.

0.49 21 Aug 22d
0.41 18 Sep 50d
0.40 20 Nov 113d
0.40 18 Dec 141d
0.40 15 Jan 169d
0.40 19 Feb 204d
0.39 21 May 295d

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.

90
95
100
105
110
115
120
125
130
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
408 / 408
  • 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

80/100
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 No clean flow/price divergence

The options read is mixed, so divergence is not strong enough to classify.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $445545 of estimated gross traded notional, puts · 91+ days · otm, 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-15
1W price+5.3%
Call premium38%
Put premium62%
Notional split C 38% / P 62% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.05 Volume divided by open interest across the visible chain.
Trend fit 76/100 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 · 91+ days · OTM
Puts · 91+ days · OTM puts cluster with 309 contracts traded, $234710 estimated gross traded notional, and 53% of visible notional.
$234710
Calls · 91+ days · OTM calls cluster with 155 contracts traded, $66232 estimated gross traded notional, and 15% of visible notional.
$66232
Calls · 91+ days · ATM calls cluster with 48 contracts traded, $64630 estimated gross traded notional, and 15% of visible notional.
$64630
Calls · 8-21 days · OTM calls cluster with 67 contracts traded, $18222 estimated gross traded notional, and 4% of visible notional.
$18222
Puts · 8-21 days · ITM puts cluster with 20 contracts traded, $13300 estimated gross traded notional, and 3% of visible notional.
$13300

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
Close112.14
1W+5.3%
RS-37.2
Fair value-21.6%
Options pressure-15
Speculation41
Volatility74
Trend fit76

Today Versus Normal

Stored-options context

View history
Expected move 9.9% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 0.49 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 1.56 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.05 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 10:21 Bullish
Pressure 75
Move 12.4%
30 Jul 10:15 Bullish
Pressure 30
Move 10.1%
31 Jul 10:07 Mixed
Pressure -15
Move 9.9%

Strike Map

Where activity is clustering

Full strike map
Strike70.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike75.00
Calls · V 0 · OI 0
Puts · V 0 · OI 14
Strike80.00
Calls · V 0 · OI 0
Puts · V 0 · OI 10
Strike85.00
Calls · V 0 · OI 11
Puts · V 0 · OI 15
Strike90.00
Calls · V 0 · OI 5
Puts · V 1 · OI 97
Strike95.00
Calls · V 0 · OI 5
Puts · V 9 · OI 87
Strike100.00
Calls · V 6 · OI 41
Puts · V 45 · OI 725
Strike105.00
Calls · V 2 · OI 66
Puts · V 11 · OI 118

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts70
Avg IV0.49
Put-call1.43
Expiry18 Sep 2026
Contracts44
Avg IV0.41
Put-call7.33
Expiry20 Nov 2026
Contracts68
Avg IV0.40
Put-call0.12
Expiry18 Dec 2026
Contracts76
Avg IV0.40
Put-call0.04
Expiry15 Jan 2027
Contracts50
Avg IV0.40
Put-call0.02

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.50
Put IV0.51
Skew0.01
18 Sep 2026Put IV premium
Call IV0.40
Put IV0.45
Skew0.06
20 Nov 2026Balanced skew
Call IV0.39
Put IV0.42
Skew0.04
18 Dec 2026Balanced skew
Call IV0.37
Put IV0.41
Skew0.04
15 Jan 2027Balanced skew
Call IV0.37
Put IV0.41
Skew0.04

Contract Tape

Most active contracts

Full contract tape
ContractLDOS270219P00100000
SidePut
Expiry19 Feb 2027
Strike100.00
Volume200
OI1
IV0.42
ContractLDOS270521P00100000
SidePut
Expiry21 May 2027
Strike100.00
Volume101
OI63
IV0.41
ContractLDOS261120C00130000
SideCall
Expiry20 Nov 2026
Strike130.00
Volume60
OI31
IV0.41
ContractLDOS260821P00100000
SidePut
Expiry21 Aug 2026
Strike100.00
Volume45
OI725
IV0.53
ContractLDOS261218C00130000
SideCall
Expiry18 Dec 2026
Strike130.00
Volume34
OI118
IV0.39
ContractLDOS260821C00115000
SideCall
Expiry21 Aug 2026
Strike115.00
Volume33
OI308
IV0.47
ContractLDOS260821P00110000
SidePut
Expiry21 Aug 2026
Strike110.00
Volume30
OI61
IV0.49
ContractLDOS261218C00110000
SideCall
Expiry18 Dec 2026
Strike110.00
Volume26
OI1093
IV0.39