Ticker Options Intelligence

NVS options intelligence

Novartis AG ADR options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 53 17 Jun 2026 17:49

Call-side pressure

Bullish pressure

NVS currently carries bullish options pressure with a 53/100 conviction score. The nearest-chain expected move is 1.9%, with volume/open-interest participation at 0.29.

Options Intelligence Opportunities Bullish confirmation Risks Unusual flow Vol expansion Repeated pressure Chart Weekly report
Primary read Bullish

Call-side pressure

Expected move 1.9%

Near-term move context

Fresh flow 0.29

Participation is quieter

Put-call 0.08

Call-side skew

Trend fit 12

Options are not fully confirming trend

Weekly backdrop +2.6%

RS 3.0

Expected move1.9%
Put-call volume0.08
Volume / OI0.29
Avg IV0.75
Max pain150.00
Underlying153.07
Nearest expiry18 Jun 2026
Contracts132

Opportunity + Risk Framework

What kind of setup is this?

Context, not a recommendation
Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

Warning Bullish pressure over fair value

Call pressure is building while the stock sits above Sharemaestro fair value.

Activity Anomaly

Normal range

33

Activity is broadly in line with recent stored snapshots.

Volume rank0th
Volume/OI rank0th
IV rank100th

Premium Angles

What is unusual here?

Flow, pin, trend, event
Persistent pressure 10x

Bullish pressure has repeated across recent snapshots.

Pin watch +2.0%

Underlying price is close to max pain, useful for expiry-week context.

Trend conflict 12

Options positioning is not confirming the underlying trend context.

Today Versus Normal

30 / 90 / 180 day context

Stored options memory
Expected move 1.9% elevated
30d avg 1.7% 100th
90d avg 1.7% 100th
180d avg 1.7% 100th
IV 0.75 elevated
30d avg 0.51 100th
90d avg 0.51 100th
180d avg 0.51 100th
Put-call 0.08 muted
30d avg 0.10 0th
90d avg 0.10 0th
180d avg 0.10 0th
Volume/OI 0.29 muted
30d avg 3.62 0th
90d avg 3.62 0th
180d avg 3.62 0th

History

Pressure and volatility trail

Pressure, move, IV, participation
17 Jun Bullish
Pressure 70
Move 1.7%
IV 0.51
Vol/OI 28.88
17 Jun Bullish
Pressure 84
Move 1.7%
IV 0.51
Vol/OI 1.38
17 Jun Bullish
Pressure 80
Move 1.7%
IV 0.51
Vol/OI 0.51
17 Jun Bullish
Pressure 77
Move 1.7%
IV 0.51
Vol/OI 0.30
17 Jun Bullish
Pressure 77
Move 1.7%
IV 0.51
Vol/OI 0.30
17 Jun Bullish
Pressure 77
Move 1.7%
IV 0.51
Vol/OI 0.30
17 Jun Bullish
Pressure 77
Move 1.7%
IV 0.51
Vol/OI 0.30
17 Jun Bullish
Pressure 77
Move 1.7%
IV 0.51
Vol/OI 0.30
17 Jun Bullish
Pressure 77
Move 1.7%
IV 0.51
Vol/OI 0.30
17 Jun Bullish
Pressure 80
Move 1.9%
IV 0.75
Vol/OI 0.29

Classic Baseline

Current tape versus recent history

Percentile detail
Expected move 1.9% Recent avg 1.7% · 100th

Elevated versus recent tape

Avg implied volatility 0.75 Recent avg 0.51 · 100th

Elevated versus recent tape

Put-call volume 0.08 Recent avg 0.10 · 0th

Muted versus recent tape

Volume / open interest 0.29 Recent avg 3.62 · 0th

Muted versus recent tape

Market context

Sharemaestro weekly
Close153.07
1W+2.6%
RS3.0
Fair value+39.5%
Options pressure80
Speculation47
Volatility60
Trend fit12

Strike Map

Strike activity map

Nearest expiry
Strike70.00
Calls · V 19 · OI 0
Puts · V 0 · OI 0
Strike75.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike80.00
Calls · V 8 · OI 0
Puts · V 1 · OI 0
Strike85.00
Calls · V 0 · OI 0
Puts · V 1 · OI 0
Strike95.00
Calls · V 0 · OI 0
Puts · V 1 · OI 3
Strike100.00
Calls · V 210 · OI 0
Puts · V 180 · OI 182
Strike105.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike110.00
Calls · V 8 · OI 0
Puts · V 1 · OI 3
Strike115.00
Calls · V 5 · OI 5
Puts · V 6 · OI 7
Strike120.00
Calls · V 5 · OI 5
Puts · V 1 · OI 61
Strike125.00
Calls · V 265 · OI 0
Puts · V 1 · OI 256
Strike130.00
Calls · V 2 · OI 5
Puts · V 1 · OI 421
Strike135.00
Calls · V 3 · OI 12
Puts · V 2 · OI 1377
Strike140.00
Calls · V 6 · OI 49
Puts · V 4 · OI 3695
Strike145.00
Calls · V 31 · OI 413
Puts · V 2 · OI 1080
Strike150.00
Calls · V 3 · OI 2270
Puts · V 2 · OI 358
Strike155.00
Calls · V 37 · OI 2045
Puts · V 88 · OI 204
Strike160.00
Calls · V 11 · OI 1138
Puts · V 2 · OI 26
Strike165.00
Calls · V 1 · OI 583
Puts · V 9 · OI 0
Strike170.00
Calls · V 1 · OI 204
Puts · V 2 · OI 0
Strike175.00
Calls · V 1 · OI 652
Puts · V 2 · OI 0
Strike180.00
Calls · V 3 · OI 57
Puts · V 5 · OI 0
Strike185.00
Calls · V 2 · OI 22
Puts · V 1 · OI 0
Strike190.00
Calls · V 20 · OI 0
Puts · V 3 · OI 0
Strike195.00
Calls · V 1 · OI 0
Puts · V 1 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry18 Jun 2026
Contracts45
Avg IV1.54
Put-call0.49
Expiry17 Jul 2026
Contracts45
Avg IV0.40
Put-call0.02
Expiry21 Aug 2026
Contracts19
Avg IV0.29
Put-call0.32
Expiry18 Sep 2026
Contracts23
Avg IV0.29
Put-call2.48

Skew

Call/put IV balance

OTM demand
18 Jun 2026Put protection bid
Call IV0.83
Put IV1.43
Skew0.61
17 Jul 2026Balanced skew
Call IV0.35
Put IV0.37
Skew0.02
21 Aug 2026Balanced skew
Call IV0.27
Put IV0.28
Skew0.01
18 Sep 2026Balanced skew
Call IV0.27
Put IV0.29
Skew0.01

Research Graph

Related research and context

Ticker deep links

Related News

No recent ticker-specific news yet.

Contracts

Most active contracts

By volume
ContractNVS260717C00115000
SideCall
Expiry17 Jul 2026
Strike115.00
Volume7350
OI-
IV0.76
ContractNVS260717C00120000
SideCall
Expiry17 Jul 2026
Strike120.00
Volume1690
OI-
IV0.70
ContractNVS260618C00125000
SideCall
Expiry18 Jun 2026
Strike125.00
Volume265
OI-
IV2.08
ContractNVS260918P00135000
SidePut
Expiry18 Sep 2026
Strike135.00
Volume250
OI351
IV0.27
ContractNVS260618C00100000
SideCall
Expiry18 Jun 2026
Strike100.00
Volume210
OI-
IV3.61
ContractNVS260618P00100000
SidePut
Expiry18 Jun 2026
Strike100.00
Volume180
OI182
IV3.84
ContractNVS260918C00155000
SideCall
Expiry18 Sep 2026
Strike155.00
Volume110
OI111
IV0.28
ContractNVS260821C00165000
SideCall
Expiry21 Aug 2026
Strike165.00
Volume105
OI113
IV0.26
ContractNVS260618P00155000
SidePut
Expiry18 Jun 2026
Strike155.00
Volume88
OI204
IV0.34
ContractNVS260717C00110000
SideCall
Expiry17 Jul 2026
Strike110.00
Volume50
OI-
IV0.78
ContractNVS260717P00150000
SidePut
Expiry17 Jul 2026
Strike150.00
Volume45
OI1033
IV0.22
ContractNVS260717P00145000
SidePut
Expiry17 Jul 2026
Strike145.00
Volume43
OI1444
IV0.23
ContractNVS260717C00150000
SideCall
Expiry17 Jul 2026
Strike150.00
Volume40
OI695
IV0.26
ContractNVS260618C00155000
SideCall
Expiry18 Jun 2026
Strike155.00
Volume37
OI2045
IV0.24
ContractNVS260918P00155000
SidePut
Expiry18 Sep 2026
Strike155.00
Volume32
OI427
IV0.22
ContractNVS260618C00145000
SideCall
Expiry18 Jun 2026
Strike145.00
Volume31
OI413
IV0.56