Ticker Options Intelligence

HRTX options intelligence

Heron Therapeuti options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 50 Market data through 29 Jul 2026 Checked 30 Jul 2026 02:55 · complete available chain

Volatility expansion watch

Volatility pressure

HRTX currently carries volatility options pressure with a 50/100 conviction score. The nearest-chain expected move is 34.4%, with volume/open-interest participation at 0.00.

Primary read Volatility

Volatility expansion watch

Expected move 34.4%

Wider near-term move priced

Activity / OI 0.00

Current volume is quieter versus prior open interest

Put-call 0.00

Call-side skew

Trend fit 0

Options are not fully confirming trend

Weekly backdrop -3.2%

RS -61.6

Expected move 34.4%
Put-call volume -
Volume / OI 0.00
Reference IV 1.37
Max pain 0.50
Underlying 0.46
Nearest expiry 21 Aug 2026
Contracts 46

Options Intent Radar

Earnings/event positioning

84/100
Primary intent Earnings/event positioning

Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure 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

Earnings/event positioning matters because it connects the options headline to the actual evidence: $10 of estimated gross traded notional, calls · 46-90 days · otm, 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+96
1W price-3.2%
Call premium100%
Put premium0%
Notional split C 100% / P 0% 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 0/100 Agreement between options pressure and Sharemaestro market context.
Event window 14 Aug Matched earnings event is 15 days away.
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 · 46-90 days · OTM
Calls · 46-90 days · OTM calls cluster with 1 contracts traded, $10 estimated gross traded notional, and 100% of visible notional.
$10

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

Quiet tape

0

Activity is muted versus this ticker's stored history.

Volume rank0th
Volume/OI rank0th
IV rank0th

Market Context

Underlying confirmation

Sharemaestro weekly
Close0.46
1W-3.2%
RS-61.6
Fair value-73.5%
Options pressure96
Speculation0
Volatility96
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 34.4% elevated
30d avg 17.6% · 1 read 100th
90d avg 17.6% · 1 read 100th
180d avg 17.6% · 1 read 100th
IV 1.37 muted
30d avg 2.43 · 1 read 0th
90d avg 2.43 · 1 read 0th
180d avg 2.43 · 1 read 0th
Put-call 0.00 muted
30d avg 0.10 · 1 read 0th
90d avg 0.10 · 1 read 0th
180d avg 0.10 · 1 read 0th
Volume/OI 0.00 muted
30d avg 0.00 · 1 read 0th
90d avg 0.00 · 1 read 0th
180d avg 0.00 · 1 read 0th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:42 Bullish
Pressure 78
Move 17.6%
30 Jul 01:55 Volatility
Pressure 96
Move 34.4%

Strike Map

Where activity is clustering

Full strike map
Strike0.50
Calls · V 0 · OI 246
Puts · V 0 · OI 34
Strike1.00
Calls · V 0 · OI 25
Puts · V 0 · OI 0
Strike1.50
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike2.00
Calls · V 0 · OI 0
Puts · V 0 · OI 2
Strike3.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts10
Avg IV1.37
Put-call-
Expiry18 Sep 2026
Contracts14
Avg IV2.00
Put-call-
Expiry18 Dec 2026
Contracts12
Avg IV1.28
Put-call-
Expiry19 Mar 2027
Contracts10
Avg IV2.11
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Incomplete skew
Call IV1.90
Put IV-
Skew-
18 Sep 2026Incomplete skew
Call IV1.26
Put IV-
Skew-
18 Dec 2026Incomplete skew
Call IV0.76
Put IV-
Skew-
19 Mar 2027Incomplete skew
Call IV0.58
Put IV-
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractHRTX260918C00000500
SideCall
Expiry18 Sep 2026
Strike0.50
Volume1
OI26
IV0.16
ContractHRTX260918P00000500
SidePut
Expiry18 Sep 2026
Strike0.50
Volume-
OI21117
IV1.62
ContractHRTX260918C00001500
SideCall
Expiry18 Sep 2026
Strike1.50
Volume-
OI10778
IV1.75
ContractHRTX260918C00001000
SideCall
Expiry18 Sep 2026
Strike1.00
Volume-
OI1914
IV1.26
ContractHRTX261218C00000500
SideCall
Expiry18 Dec 2026
Strike0.50
Volume-
OI1312
IV0.82
ContractHRTX261218C00001000
SideCall
Expiry18 Dec 2026
Strike1.00
Volume-
OI737
IV0.76
ContractHRTX260918C00002000
SideCall
Expiry18 Sep 2026
Strike2.00
Volume-
OI500
IV2.06
ContractHRTX260918C00003000
SideCall
Expiry18 Sep 2026
Strike3.00
Volume-
OI392
IV2.47