LSAK

Lesaka Technologies Inc

$4.71 · +0.00% vs $4.71 close · scored 05:02 · stale

Decision brief

BULLISH · 57/100

What changed

No prior comparable read.

Evidence is stale — treat this read cautiously.

What would change the view

composite falls below +15 · confidence deteriorates materially from 57/100

For the read

options volume favours calls · open interest agrees with the read

Against / uncertainty

signal stability is low

The read

Strongly bullish, moderately evidenced, but price is moving the other way.

−100 bearish0bullish +100

+58.7 composite−10.3 vs a week ago

Evidence

57 / 100 · top 30% today

273 contracts · quality 47 · stability 0.00

has paid +0.05% · n=56,175

Why it’s +59

Method

What traded today · weight 62%

+22.5 pts

186 calls · 68.1%87 puts

bias +36.3 × 0.62

What’s on the books · weight 38%

+36.2 pts

6,515 call OI · 97.7%154 put OI

bias +95.4 × 0.38

Equals

+58.7

38% of the score comes from today’s volume, 62% from open interest. Disagree with either? See the method.

What changed: 35 days of tape against price

14d 43d 90d 365d · Reader

tape composite (bars)— price◆ big one-day moves30d: price +11.08% · tape −40.6 · corr -0.79

Plain English: Over 30 days, price has risen 11.08% while the tape has faded 40.6 points. The two are drifting apart.

Should you trust it?

note

Some evidence, not a lot

confidence 57 (70th pct) · quality 47 · 273 contracts

note

Jumpy

0.00 vs 7-day rolling · choppiness 0

pass

This kind of read has paid

strongly bullish · call-heavy · low liquidity → +0.05% avg, n=56,175

note

No reliable lead

enough history exists, but no tape/price lead clears the reliability threshold (r=0.00, n=34)

note

Stretched vs its own history

today’s tape sits low relative to price

against

Our record on LSAK is poor

3% hit rate on 117 closed calls · payoff 1.00×

Where the positions sit

calls tradedstrikeputs traded

$10

$7.5

WALL · OI 4,391

$2.5

Spot $4.71 highlighted. The $5 strike holds the most open interest (the “wall”, 4,391). Near-dated expiry in the mix, so OI is noisier.

Our record on LSAK

Proof

hit rate · 117 closed

1.00×

payoff

+0.00%

avg return

13 Oct · 4h

$4.71 → $4.71

+0.00%flat

8 Oct · 4h

$4.72 → $4.72

+0.00%flat

3 Oct · 4h

$4.35 → $4.35

+0.00%flat

2 Oct · 4h

$4.21 → $4.21

+0.00%flat

One rule everywhere: a move of 0.05% or less is flat, and flat is not a hit. That is the same rule Proof uses; 111 of these 117 calls were flat.

Catalysts & context

EPS surprise · last 4 quarters

−145.10%Q3 ’25

+178.43%Q4 ’25

+978.43%Q1 ’26

+63.40%Q2 ’26

Street Buy-leaningNext report 9 Sep AMC P/E 126.81 · fwd 9.57Beta 0.254 52w $3.62–$5.54IV rank —