Ticker Options Intelligence

MLYS options intelligence

Mineralys Therapeutics, Inc. Common Stock options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 62 Market data through 29 Jul 2026 Checked 30 Jul 2026 00:30 · complete available chain

Volatility expansion watch

Volatility pressure

MLYS currently carries volatility options pressure with a 62/100 conviction score. The nearest-chain expected move is 12.1%, with volume/open-interest participation at 0.19.

Primary read Volatility

Volatility expansion watch

Expected move 12.1%

Wider near-term move priced

Activity / OI 0.19

Current volume is quieter versus prior open interest

Put-call 5.54

Put-side skew

Trend fit 83

Options agree with trend context

Weekly backdrop -1.4%

RS -20.1

Expected move 12.1%
Put-call volume 5.54
Volume / OI 0.19
Reference IV 0.88
Max pain 25.00
Underlying 26.71
Nearest expiry 21 Aug 2026
Contracts 92

Options Intent Radar

Earnings/event positioning

86/100
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: $1.1M of estimated gross traded notional, calls · 91+ days · itm, 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-62
1W price-1.4%
Call premium50%
Put premium50%
Notional split C 50% / P 50% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.19 Volume divided by open interest across the visible chain.
Trend fit 83/100 Agreement between options pressure and Sharemaestro market context.
Event window 11 Aug Matched earnings event is 12 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 · 91+ days · ITM
Calls · 91+ days · ITM calls cluster with 251 contracts traded, $295500 estimated gross traded notional, and 27% of visible notional.
$295500
Puts · 91+ days · OTM puts cluster with 473 contracts traded, $280712 estimated gross traded notional, and 26% of visible notional.
$280712
Calls · 91+ days · OTM calls cluster with 382 contracts traded, $187264 estimated gross traded notional, and 17% of visible notional.
$187264
Puts · 91+ days · ITM puts cluster with 69 contracts traded, $102860 estimated gross traded notional, and 10% of visible notional.
$102860
Puts · 22-45 days · OTM puts cluster with 4254 contracts traded, $85440 estimated gross traded notional, and 8% of visible notional.
$85440

Setup Classification

Opportunity and risk frame

Context, not advice
Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

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.

Activity Anomaly

High anomaly

100

Current options activity is unusually hot versus this ticker's stored history.

Volume rank100th
Volume/OI rank100th
IV rank100th

Market Context

Underlying confirmation

Sharemaestro weekly
Close26.71
1W-1.4%
RS-20.1
Fair value+46.6%
Options pressure-62
Speculation21
Volatility96
Trend fit83

Today Versus Normal

Stored-options context

View history
Expected move 12.1% muted
30d avg 14.6% · 1 read 0th
90d avg 14.6% · 1 read 0th
180d avg 14.6% · 1 read 0th
IV 0.88 elevated
30d avg 0.54 · 1 read 100th
90d avg 0.54 · 1 read 100th
180d avg 0.54 · 1 read 100th
Put-call 5.54 elevated
30d avg 0.00 · 1 read 100th
90d avg 0.00 · 1 read 100th
180d avg 0.00 · 1 read 100th
Volume/OI 0.19 elevated
30d avg 0.00 · 1 read 100th
90d avg 0.00 · 1 read 100th
180d avg 0.00 · 1 read 100th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:57 Volatility
Pressure 100
Move 14.6%
29 Jul 23:30 Volatility
Pressure -62
Move 12.1%

Strike Map

Where activity is clustering

Full strike map
Strike20.00
Calls · V 0 · OI 0
Puts · V 10 · OI 310
Strike22.50
Calls · V 0 · OI 0
Puts · V 4240 · OI 4032
Strike25.00
Calls · V 100 · OI 107
Puts · V 4 · OI 360
Strike30.00
Calls · V 10 · OI 175
Puts · V 70 · OI 72
Strike35.00
Calls · V 10 · OI 64
Puts · V 0 · OI 0
Strike40.00
Calls · V 1 · OI 7
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts8
Avg IV0.88
Put-call35.74
Expiry18 Sep 2026
Contracts22
Avg IV0.69
Put-call1.14
Expiry18 Dec 2026
Contracts19
Avg IV0.80
Put-call0.27
Expiry15 Jan 2027
Contracts19
Avg IV0.94
Put-call3.90
Expiry16 Apr 2027
Contracts4
Avg IV0.92
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Call IV premium
Call IV0.70
Put IV0.60
Skew-0.10
18 Sep 2026Call IV premium
Call IV0.94
Put IV0.81
Skew-0.13
18 Dec 2026Call IV premium
Call IV0.75
Put IV0.66
Skew-0.08
15 Jan 2027Call IV premium
Call IV0.92
Put IV0.82
Skew-0.10
16 Apr 2027Incomplete skew
Call IV0.85
Put IV-
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractMLYS270115P00035000
SidePut
Expiry15 Jan 2027
Strike35.00
Volume-
OI66
IV0.97
ContractMLYS280121P00040000
SidePut
Expiry21 Jan 2028
Strike40.00
Volume-
OI10
IV0.54
ContractMLYS280121P00017500
SidePut
Expiry21 Jan 2028
Strike17.50
Volume-
OI5
IV0.75
ContractMLYS261218P00035000
SidePut
Expiry18 Dec 2026
Strike35.00
Volume-
OI5
IV0.67
ContractMLYS270416C00025000
SideCall
Expiry16 Apr 2027
Strike25.00
Volume-
OI2
IV0.92
ContractMLYS270416C00035000
SideCall
Expiry16 Apr 2027
Strike35.00
Volume-
OI2
IV0.85
ContractMLYS261218C00012500
SideCall
Expiry18 Dec 2026
Strike12.50
Volume-
OI1
IV0.75
ContractMLYS271015C00020000
SideCall
Expiry15 Oct 2027
Strike20.00
Volume-
OI1
IV0.87