Primary read
Bearish
Put-side pressure
Ticker Options Intelligence
LCII options intelligence
LCI Industries options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
57
Market data through 31 Jul 2026
Checked 1 Aug 2026 06:51 · complete available chain
Put-side pressure
Bearish pressure
LCII currently carries bearish options pressure with a 57/100 conviction score. The nearest-chain expected move is 7.9%, with volume/open-interest participation at 0.00.
Expected move
7.9%
Wider near-term move priced
Activity / OI
0.00
Current volume is quieter versus prior open interest
Put-call
-
Balanced tape
Trend fit
29
Options are not fully confirming trend
Weekly backdrop
-1.0%
RS -16.1
Expected move
7.9%
Put-call volume
-
Volume / OI
0.00
Reference IV
0.37
Max pain
105.00
Underlying
103.35
Nearest expiry
21 Aug 2026
Contracts
190
Research Brief
LCII has a bearish chain read with 57/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 95.20–111.50; The largest call open-interest concentration is 115.00; the largest put concentration is 95.00. The most active strike by current volume is 50.00.
Priced range95.20–111.50
Call concentration115.00
Put concentration95.00
Max pain reference105.00
- Price remains weak while put-side concentration persists.
- 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
Options imply 95.20 to 111.50. Max pain at 105.00 sits inside that range, 1.6% above spot.
Spot
Max pain
95.20103.35 ± 8.15111.50
Confirmation level
A close beyond 111.50 or below 95.20 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 57/100
Pressure is 100/100 toward puts; conviction uses its strength, while the signal label carries its direction.
Directional pressure100 × 42%
+42.0
How strongly activity leans toward calls or puts.
Participation8 × 22%
+1.8
Volume relative to existing open interest and contract-level activity.
Trend agreement29 × 26%
+7.5
How closely the chain read agrees with the underlying trend backdrop.
Volatility58 × 10%
+5.8
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 115.00; the largest put concentration is 95.00. The most active strike by current volume is 50.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
50.00-51.6%
0
0
55.00-46.8%
0
0
60.00-41.9%
0
4
65.00-37.1%
0
4
70.00-32.3%
0
0
75.00-27.4%
0
3
80.00-22.6%
0
1
85.00-17.8%
0
5
90.00-12.9%
0
12
95.00-8.1%
0
0
100.00-3.2%
1
0
105.001.6%
4
0
110.006.4%
3
5
115.0011.3%
5
0
120.0016.1%
0
0
125.0020.9%
0
0
130.0025.8%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry
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
21d
0.42
18 Sep
49d
0.39
16 Oct
77d
0.38
15 Jan
168d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
85
90
95
100
105
110
115
120
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
- 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
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 190 / 190
- 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
Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.
Put-side pressure is present before a decisive weekly price breakdown.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $95 of estimated gross traded notional, puts · 91+ days · otm, and a bearish flow before price confirmation backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure-100
1W price-1.0%
Call premium0%
Put premium100%
Notional split
C 0% / P 100%
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
29/100
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.
Puts · 91+ days · OTM
puts cluster with 1 contracts traded, $95 estimated gross traded notional, and 100% of visible notional.
$95
Setup Classification
Opportunity and risk frame
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Options positioning is not confirming the underlying trend context.
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
Close102.36
1W-1.0%
RS-16.1
Fair value-1.4%
Options pressure-100
Speculation8
Volatility58
Trend fit29
Today Versus Normal
Stored-options context
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:56
Bearish
Pressure -22
Move 9.8%
30 Jul 10:46
Bullish
Pressure 89
Move 9.5%
31 Jul 12:55
Mixed
Pressure 16
Move 8.1%
31 Jul 13:49
Mixed
Pressure -5
Move 10.3%
31 Jul 14:27
Mixed
Pressure -5
Move 16.3%
31 Jul 15:36
Mixed
Pressure -5
Move 15.9%
1 Aug 05:51
Bearish
Pressure -100
Move 7.9%
Strike Map
Where activity is clustering
Strike50.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike55.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike60.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike65.00
Calls · V 0 · OI 0
Puts · V 0 · OI 4
Strike70.00
Calls · V 0 · OI 0
Puts · V 0 · OI 4
Strike75.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike80.00
Calls · V 0 · OI 0
Puts · V 0 · OI 3
Strike85.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts36
Avg IV0.37
Put-call-
Expiry18 Sep 2026
Contracts40
Avg IV0.42
Put-call-
Expiry16 Oct 2026
Contracts64
Avg IV0.39
Put-call-
Expiry15 Jan 2027
Contracts50
Avg IV0.38
Put-call-
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV0.40
Put IV0.48
Skew0.09
18 Sep 2026Put IV premium
Call IV0.41
Put IV0.47
Skew0.07
16 Oct 2026Put IV premium
Call IV0.36
Put IV0.43
Skew0.08
15 Jan 2027Put IV premium
Call IV0.33
Put IV0.43
Skew0.11
Contract Tape
Most active contracts
ContractLCII270115P00065000
SidePut
Expiry15 Jan 2027
Strike65.00
Volume1
OI1
IV0.25
ContractLCII270115C00135000
SideCall
Expiry15 Jan 2027
Strike135.00
Volume-
OI295
IV0.32
ContractLCII261016P00090000
SidePut
Expiry16 Oct 2026
Strike90.00
Volume-
OI208
IV0.43
ContractLCII270115P00075000
SidePut
Expiry15 Jan 2027
Strike75.00
Volume-
OI113
IV0.46
ContractLCII261016P00080000
SidePut
Expiry16 Oct 2026
Strike80.00
Volume-
OI113
IV0.21
ContractLCII261016P00110000
SidePut
Expiry16 Oct 2026
Strike110.00
Volume-
OI111
IV0.42
ContractLCII261016C00135000
SideCall
Expiry16 Oct 2026
Strike135.00
Volume-
OI107
IV0.21
ContractLCII261016C00180000
SideCall
Expiry16 Oct 2026
Strike180.00
Volume-
OI99
IV0.41
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.