Primary read
Mixed
Options-market disagreement
Ticker Options Intelligence
REGN options intelligence
Regeneron Pharmaceuticals Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
39
Market data through 29 Jul 2026
Checked 30 Jul 2026 05:32 · complete available chain
Options-market disagreement
Mixed pressure
REGN currently carries mixed options pressure with a 39/100 conviction score. The nearest-chain expected move is 8.0%, with volume/open-interest participation at 0.10.
Expected move
8.0%
Wider near-term move priced
Activity / OI
0.10
Current volume is quieter versus prior open interest
Put-call
0.77
Balanced tape
Trend fit
57
Options are not fully confirming trend
Weekly backdrop
-3.1%
RS -11.9
Expected move
8.0%
Put-call volume
0.77
Volume / OI
0.10
Reference IV
1.00
Max pain
620.00
Underlying
656.01
Nearest expiry
31 Jul 2026
Contracts
2702
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.
The options read is mixed, so divergence is not strong enough to classify.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $6.2M of estimated gross traded notional, calls · 0-7 days · otm, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+15
1W price-3.1%
Call premium84%
Put premium16%
Notional split
C 84% / P 16%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.10
Volume divided by open interest across the visible chain.
Trend fit
57/100
Agreement between options pressure and Sharemaestro market context.
Event window
30 Jul
Matched earnings event is 0 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Calls · 0-7 days · OTM
calls cluster with 1917 contracts traded, $2.6M estimated gross traded notional, and 42% of visible notional.
$2.6M
Calls · 91+ days · ITM
calls cluster with 98 contracts traded, $1.9M estimated gross traded notional, and 32% of visible notional.
$1.9M
Puts · 0-7 days · ATM
puts cluster with 1297 contracts traded, $577970 estimated gross traded notional, and 9% of visible notional.
$577970
Calls · 91+ days · OTM
calls cluster with 47 contracts traded, $277390 estimated gross traded notional, and 5% of visible notional.
$277390
Puts · 91+ days · ITM
puts cluster with 14 contracts traded, $126075 estimated gross traded notional, and 2% of visible notional.
$126075
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.
Activity Anomaly
High anomaly
Current options activity is unusually hot versus this ticker's stored history.
Volume rank100th
Volume/OI rank100th
IV rank100th
Market Context
Underlying confirmation
Close656.01
1W-3.1%
RS-11.9
Fair value-15.7%
Options pressure15
Speculation42
Volatility88
Trend fit57
Today Versus Normal
Stored-options context
30d avg 8.4% · 1 read
0th
90d avg 8.4% · 1 read
0th
180d avg 8.4% · 1 read
0th
30d avg 0.89 · 1 read
100th
90d avg 0.89 · 1 read
100th
180d avg 0.89 · 1 read
100th
30d avg 0.65 · 1 read
100th
90d avg 0.65 · 1 read
100th
180d avg 0.65 · 1 read
100th
30d avg 0.04 · 1 read
100th
90d avg 0.04 · 1 read
100th
180d avg 0.04 · 1 read
100th
Pressure Trail
Recent pressure and volatility
29 Jul 10:06
Bullish
Pressure 24
Move 8.4%
30 Jul 04:32
Mixed
Pressure 15
Move 8.0%
Strike Map
Where activity is clustering
Strike410.00
Calls · V 0 · OI 0
Puts · V 0 · OI 40
Strike420.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike430.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike440.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike450.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike460.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike470.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike480.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Term Structure
Expiration activity
Expiry31 Jul 2026
Contracts170
Avg IV1.00
Put-call0.75
Expiry7 Aug 2026
Contracts168
Avg IV0.56
Put-call0.26
Expiry14 Aug 2026
Contracts154
Avg IV0.48
Put-call-
Expiry21 Aug 2026
Contracts244
Avg IV0.42
Put-call1.29
Expiry28 Aug 2026
Contracts108
Avg IV0.41
Put-call-
Skew
Call/put IV balance
31 Jul 2026Balanced skew
Call IV0.93
Put IV0.95
Skew0.02
7 Aug 2026Balanced skew
Call IV0.50
Put IV0.52
Skew0.02
14 Aug 2026Balanced skew
Call IV0.43
Put IV0.46
Skew0.03
21 Aug 2026Put IV premium
Call IV0.38
Put IV0.43
Skew0.06
28 Aug 2026Balanced skew
Call IV0.39
Put IV0.42
Skew0.04
Contract Tape
Most active contracts
ContractREGN260731C00705000
SideCall
Expiry31 Jul 2026
Strike705.00
Volume1079
OI6
IV1.10
ContractREGN260731P00640000
SidePut
Expiry31 Jul 2026
Strike640.00
Volume1060
OI44
IV0.39
ContractREGN260731C00770000
SideCall
Expiry31 Jul 2026
Strike770.00
Volume488
OI1
IV1.02
ContractREGN260731C00700000
SideCall
Expiry31 Jul 2026
Strike700.00
Volume205
OI21
IV1.04
ContractREGN260731P00670000
SidePut
Expiry31 Jul 2026
Strike670.00
Volume203
OI66
IV0.95
ContractREGN260731P00610000
SidePut
Expiry31 Jul 2026
Strike610.00
Volume66
OI14
IV1.09
ContractREGN260918P00490000
SidePut
Expiry18 Sep 2026
Strike490.00
Volume44
OI51
IV0.57
ContractREGN260731C00745000
SideCall
Expiry31 Jul 2026
Strike745.00
Volume41
OI13
IV0.81
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.