Ticker Options Intelligence

LTRN options intelligence

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

Conviction 42 Market data through 31 Jul 2026 Checked 31 Jul 2026 15:48 · complete available chain

Call-side pressure

Bullish pressure

LTRN currently carries bullish options pressure with a 42/100 conviction score. The nearest-chain expected move is 91.4%, with volume/open-interest participation at 0.19.

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

Call-side pressure

Expected move 91.4%

Wider near-term move priced

Activity / OI 0.19

Current volume is quieter versus prior open interest

Put-call 0.81

Balanced tape

Trend fit 72

Options agree with trend context

Weekly backdrop -4.4%

RS -27.7

Expected move 91.4%
Put-call volume 0.81
Volume / OI 0.19
Reference IV 3.81
Max pain 4.00
Underlying 2.75
Nearest expiry 21 Aug 2026
Contracts 21

Research Brief

LTRN has a bullish chain read with 42/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 0.24–5.26; The largest call open-interest concentration is 4.00; the largest put concentration is 4.00. The most active strike by current volume is 4.00.

Priced range0.24–5.26
Call concentration4.00
Put concentration4.00
Max pain reference4.00
What would confirm it
  • Price holds or improves while call-side concentration remains elevated.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Price weakens while call pressure fades or reverses toward puts.
  • 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 0.24 to 5.26. Max pain at 4.00 sits inside that range, 45.5% above spot.

Spot Max pain
0.242.75 ± 2.515.26
Confirmation level

A close beyond 5.26 or below 0.24 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 42/100

Evidence alignment, not probability

Pressure is 20/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure20 × 42%
+8.3

How strongly activity leans toward calls or puts.

Participation24 × 22%
+5.4

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

Trend agreement72 × 26%
+18.8

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 score42.1Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 4.00; the largest put concentration is 4.00. The most active strike by current volume is 4.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
4.0045.5%
50
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

1.37× front/back

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

3.81 21 Aug 21d
2.23 16 Oct 77d
2.79 15 Jan 168d

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.

Comparable strike volatility is unavailable.

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

A96/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
21 / 21
  • 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

83/100
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: $12966 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+20
1W price-4.4%
Call premium29%
Put premium71%
Notional split C 29% / P 71% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.19 Volume divided by open interest across the visible chain.
Trend fit 72/100 Agreement between options pressure and Sharemaestro market context.
Event window 12 Aug Matched earnings event is 9 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 36 contracts traded, $8964 estimated gross traded notional, and 69% of visible notional.
$8964
Calls · 91+ days · OTM calls cluster with 22 contracts traded, $1082 estimated gross traded notional, and 8% of visible notional.
$1082
Calls · 91+ days · ITM calls cluster with 4 contracts traded, $1040 estimated gross traded notional, and 8% of visible notional.
$1040
Calls · 46-90 days · OTM calls cluster with 18 contracts traded, $911 estimated gross traded notional, and 7% of visible notional.
$911
Calls · 46-90 days · ITM calls cluster with 3 contracts traded, $634 estimated gross traded notional, and 5% of visible notional.
$634

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.

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
Close2.63
1W-4.4%
RS-27.7
Fair value-33.7%
Options pressure20
Speculation24
Volatility96
Trend fit72

Today Versus Normal

Stored-options context

View history
Expected move 91.4% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 3.81 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.81 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.19 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 11:49 Volatility
Pressure 100
Move 44.0%
30 Jul 11:25 Mixed
Pressure 9
Move 43.3%
30 Jul 15:15 Mixed
Pressure 2
Move 75.4%
30 Jul 20:54 Mixed
Pressure 2
Move 77.5%
31 Jul 13:31 Volatility
Pressure 100
Move 12.9%
31 Jul 13:42 Mixed
Pressure 2
Move 12.0%
31 Jul 14:48 Bullish
Pressure 20
Move 91.4%

Strike Map

Where activity is clustering

Full strike map
Strike4.00
Calls · V 1 · OI 50
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts1
Avg IV3.81
Put-call-
Expiry16 Oct 2026
Contracts12
Avg IV2.23
Put-call0.14
Expiry15 Jan 2027
Contracts8
Avg IV2.79
Put-call1.38

Skew

Call/put IV balance

OTM demand
21 Aug 2026Incomplete skew
Call IV3.81
Put IV-
Skew-
16 Oct 2026Put IV premium
Call IV2.09
Put IV5.20
Skew3.12
15 Jan 2027Incomplete skew
Call IV2.21
Put IV-
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractLTRN270115C00004000
SideCall
Expiry15 Jan 2027
Strike4.00
Volume-
OI10
IV3.64
ContractLTRN261016P00002000
SidePut
Expiry16 Oct 2026
Strike2.00
Volume-
OI5
IV5.20
ContractLTRN261016P00006000
SidePut
Expiry16 Oct 2026
Strike6.00
Volume-
OI-
IV0.00
ContractLTRN270115P00005000
SidePut
Expiry15 Jan 2027
Strike5.00
Volume30
OI12
IV1.19
ContractLTRN270115C00005000
SideCall
Expiry15 Jan 2027
Strike5.00
Volume15
OI43
IV1.76
ContractLTRN261016C00005000
SideCall
Expiry16 Oct 2026
Strike5.00
Volume11
OI48
IV2.54
ContractLTRN270115P00004000
SidePut
Expiry15 Jan 2027
Strike4.00
Volume6
OI57
IV2.05
ContractLTRN270115C00003000
SideCall
Expiry15 Jan 2027
Strike3.00
Volume5
OI104
IV2.21