Ticker Options Intelligence

TREE options intelligence

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

Conviction 56 Market data through 31 Jul 2026 Checked 1 Aug 2026 06:47 · complete available chain

Volatility expansion watch

Volatility pressure

TREE currently carries volatility options pressure with a 56/100 conviction score. The nearest-chain expected move is 20.3%, with volume/open-interest participation at 0.31.

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

Volatility expansion watch

Expected move 20.3%

Wider near-term move priced

Activity / OI 0.31

Current volume is quieter versus prior open interest

Put-call 0.03

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop -18.3%

RS -43.1

Expected move 20.3%
Put-call volume 0.03
Volume / OI 0.31
Reference IV 0.47
Max pain 45.00
Underlying 39.00
Nearest expiry 21 Aug 2026
Contracts 88

Research Brief

TREE has a volatility chain read with 56/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 31.10–46.90; The largest call open-interest concentration is 45.00; the largest put concentration is 45.00. The most active strike by current volume is 35.00.

Priced range31.10–46.90
Call concentration45.00
Put concentration45.00
Max pain reference45.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
What would weaken it
  • 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

Size, not direction · through 21 Aug

Options imply 31.10 to 46.90. Max pain at 45.00 sits inside that range, 15.4% above spot.

Spot Max pain
31.1039.00 ± 7.9046.90
Confirmation level

A close beyond 46.90 or below 31.10 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 56/100

Evidence alignment, not probability

Pressure is 92/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure92 × 42%
+38.6

How strongly activity leans toward calls or puts.

Participation47 × 22%
+10.4

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

Trend agreement0 × 26%
+0.0

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

Volatility73 × 10%
+7.3

The intensity of implied volatility and the priced move.

Reconstructed score56.3Matches 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 35.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
62
20.00-48.7%
0
16
22.50-42.3%
0
4
25.00-35.9%
0
149
30.00-23.1%
41
303
35.00-10.3%
25
150
40.002.6%
44
521
45.0015.4%
527
0
50.0028.2%
84
0
55.0041.0%
25
0
60.0053.8%
4
0
65.0066.7%
1
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Back-loaded volatility

0.73× front/back

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

0.47 21 Aug 21d
0.49 18 Sep 49d
0.53 16 Oct 77d
0.65 15 Jan 168d

Volatility by Strike

Upside optionality premium

Nearest expiry, within 20% of spot

Out-of-the-money calls carry higher implied volatility than comparable puts, indicating richer upside optionality.

35
40
45
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
88 / 88
  • 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

Volatility expansion bet

92/100
Primary intent Volatility expansion bet

The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.

Flow vs price divergence Volatility flow versus price

Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.

Why this matters

Volatility expansion bet matters because it connects the options headline to the actual evidence: $83116 of estimated gross traded notional, calls · 8-21 days · itm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+92
1W price-18.3%
Call premium89%
Put premium11%
Notional split C 89% / P 11% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.31 Volume divided by open interest across the visible chain.
Trend fit 0/100 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 · 8-21 days · ITM
Calls · 8-21 days · ITM calls cluster with 707 contracts traded, $33815 estimated gross traded notional, and 41% of visible notional.
$33815
Calls · 91+ days · OTM calls cluster with 148 contracts traded, $27208 estimated gross traded notional, and 33% of visible notional.
$27208
Calls · 46-90 days · ITM calls cluster with 15 contracts traded, $4030 estimated gross traded notional, and 5% of visible notional.
$4030
Puts · 8-21 days · OTM puts cluster with 35 contracts traded, $3531 estimated gross traded notional, and 4% of visible notional.
$3531
Calls · 91+ days · ITM calls cluster with 4 contracts traded, $3355 estimated gross traded notional, and 4% of visible notional.
$3355

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.

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

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
Close31.86
1W-18.3%
RS-43.1
Fair value-24.9%
Options pressure92
Speculation47
Volatility73
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 20.3% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 0.47 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.03 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.31 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 11:25 Volatility
Pressure 98
Move 19.6%
30 Jul 11:11 Volatility
Pressure -93
Move 22.1%
30 Jul 15:13 Mixed
Pressure -14
Move 25.2%
30 Jul 15:47 Mixed
Pressure -13
Move 24.8%
30 Jul 19:57 Mixed
Pressure -13
Move 21.3%
1 Aug 05:47 Volatility
Pressure 92
Move 20.3%

Strike Map

Where activity is clustering

Full strike map
Strike20.00
Calls · V 0 · OI 0
Puts · V 0 · OI 62
Strike22.50
Calls · V 0 · OI 0
Puts · V 1 · OI 16
Strike25.00
Calls · V 0 · OI 0
Puts · V 0 · OI 4
Strike30.00
Calls · V 8 · OI 41
Puts · V 30 · OI 149
Strike35.00
Calls · V 699 · OI 25
Puts · V 4 · OI 303
Strike40.00
Calls · V 16 · OI 44
Puts · V 0 · OI 150
Strike45.00
Calls · V 501 · OI 527
Puts · V 1 · OI 521
Strike50.00
Calls · V 12 · OI 84
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts22
Avg IV0.47
Put-call0.03
Expiry18 Sep 2026
Contracts20
Avg IV0.49
Put-call0.14
Expiry16 Oct 2026
Contracts24
Avg IV0.53
Put-call0.12
Expiry15 Jan 2027
Contracts22
Avg IV0.65
Put-call0.02

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.40
Put IV0.50
Skew0.11
18 Sep 2026Balanced skew
Call IV0.54
Put IV0.54
Skew-
16 Oct 2026Balanced skew
Call IV0.54
Put IV0.54
Skew-
15 Jan 2027Balanced skew
Call IV0.64
Put IV0.60
Skew-0.04

Contract Tape

Most active contracts

Full contract tape
ContractTREE260821C00035000
SideCall
Expiry21 Aug 2026
Strike35.00
Volume699
OI25
IV0.47
ContractTREE260821C00045000
SideCall
Expiry21 Aug 2026
Strike45.00
Volume501
OI527
IV0.57
ContractTREE270115C00045000
SideCall
Expiry15 Jan 2027
Strike45.00
Volume122
OI123
IV0.64
ContractTREE260918C00040000
SideCall
Expiry18 Sep 2026
Strike40.00
Volume56
OI1
IV0.54
ContractTREE260821P00030000
SidePut
Expiry21 Aug 2026
Strike30.00
Volume30
OI149
IV0.50
ContractTREE270115C00065000
SideCall
Expiry15 Jan 2027
Strike65.00
Volume21
OI2
IV0.65
ContractTREE260821C00040000
SideCall
Expiry21 Aug 2026
Strike40.00
Volume16
OI44
IV0.40
ContractTREE261016C00045000
SideCall
Expiry16 Oct 2026
Strike45.00
Volume12
OI149
IV0.51