AInvestOption Pilot Program
Options/LYG
LYG logo

LYGLloyds Banking Group PLC

Options Analysis Report
Market Cap $85.7B|NYSE
● 2026-08-31$5.92
BULLISH
Analysis: 2026-08-28 EOD data
1Y +38.6%YTD +9.8%7D -2.0%
11
30D
±10.4%
7%

LYG Options Overview

bullish flow. Conditions favor premium sellers.

REWARDS

RISK ANALYSIS

4.3VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Balanced conditions with no clear edge

Learn
Loading score history...

LYG Gamma Walls

Loading gamma walls...

Value

Is IV priced right?

4.4
ExpensiveCheap

Measures whether options are cheap, fair, or rich relative to historical and peer

levels.

Risk Checks2/9 checks passed
≤35%

IV Rank 48.2% — elevated vs history

<1.05x

IV/HV 1.56x — IV premium over HV

Sector Relative≤50%

Sector percentile 69% — above sector median

<1.1x

Front/Back 1.16x — backwardation

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 31.3% — normal range

<80%

Effective IV 135.2% (ATM 31.3% + spread 52.0% + bias) — expensive

<3.0%

Total drag 69.44% (spread 51.97% + slippage 17.47%) — high friction

≥5.0

Vega efficiency 0.11 (vega 0.564 / spread 51.97%) — spread drag

Sentiment

Bullish or bearish?

5.8
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksNeutral - Strong signal (Conviction: +6%, Raw: +0%)
|net sentiment| ≥25%

Conviction-weighted: +6% (neutral) — Raw: +0%

≥15%

|OI skew| 70.1% — call-heavy

Same sign, |vol skew| ≥10%

Vol skew +9.1%, OI skew +70.1% — weak (same direction)

≥2/3 conditions

0-DTE 0%, far-OTM 15%, avg DTE 30

|change| ≥3%

OI change +0.0% (5d) — stable

|weighted flow| ≥20%

ITM: +33%, ATM: -100%, OTM: +0% — bearish (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 25% — very bullish vs sector

Activity

Unusual activity?

1.8
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks0/8 checks passed
≥1.5x

Volume 0.0x avg — normal

≥15%

Vol/OI 0.0% — normal turnover

≥2 days

1 day(s) elevated — may be one-day event

≥5%

OI change +0.6% (5d) — stable

Sector Relative≥60%

Sector activity percentile 1% — quiet vs sector

≥30%

Large trade volume 0% — mostly retail

≥60%

Aggressive execution 50% — patient

≥30

Conviction +6 (bullish) — mixed

Liquidity

Can I trade efficiently?

2.4
IlliquidLiquid

Evaluates

, volume depth, and open interest for trade execution quality.

Risk Checks2/8 checks passed
≤5.0%

Spread 52.0% — wide

≥10,000

OI 31,878 — adequate

≥500

Volume 11/day — thin

≤$0.50

$2.60 to cross — expensive

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 76% — wider than sector

≥100 contracts

Depth 1,346.2 contracts (bid:1,268.7 ask:77.5) — deep

<1.0%

Avg slippage 17.47% — poor

Timing

Is now a good time?

6.9
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks5/9 checks passed
|slope| ≥5%

Slope +15.9% — backwardation

<30 or >70

IV percentile 48% — neutral

≥10pts kink

IV kink 7.9pts — no clear event

<0.5 or >2.0

θ/ν ratio 110.67 — favors income trades

≥3 expirations

3 liquid expirations — flexible

≥60% (safe)

safe window: No events detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow +6% @ 50% consistency — unclear

≥40 composite score

Score 30 (ITM 20% + inst 0%) — retail dominated

Directional Strategy Fit

Option Buyers
Long Calls5.9
bullishIV fair, mixed flow
Long Puts4.4
bearishIV fair, mixed flow
Premium Sellers
Cash-Secured Put5.2
bullishIV fair, mixed flow
Covered Call4.7
bearishIV fair, mixed flow

For educational purposes only. Not investment advice.

The Options Desk tracks the move options price into every US earnings report the week of Aug 31, next to how much each stock has actually moved on its past prints — plus the SPY, QQQ and IWM expected ranges and the gamma walls that box them in.

More on LYG

LYG gamma wallsLYG max painLYG IV rankLYG options flow