Ticker Options Intelligence

ATYR options intelligence

aTyr Pharma, Inc. options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 59 Market data through 31 Jul 2026 Checked 2 Aug 2026 00:30 · complete available chain

Volatility expansion watch

Volatility pressure

ATYR currently carries volatility options pressure with a 59/100 conviction score. The nearest-chain expected move is 25.3%, with volume/open-interest participation at 0.00.

Primary read Volatility

Volatility expansion watch

Expected move 25.3%

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 +2.6%

RS -67.2

Expected move 25.3%
Put-call volume -
Volume / OI 0.00
Reference IV 1.06
Max pain 0.50
Underlying 0.49
Nearest expiry 21 Aug 2026
Contracts 86

Research Brief

ATYR has a volatility chain read with 59/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 0.36–0.61; The largest call open-interest concentration is 1.00; the largest put concentration is 0.50. The most active strike by current volume is 4.00.

Priced range0.36–0.61
Call concentration1.00
Put concentration0.50
Max pain reference0.50
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • Options and the weekly trend are not yet giving the same message.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 21 Aug

Options imply 0.36 to 0.61. Max pain at 0.50 sits inside that range, 2.9% above spot.

Spot Max pain
0.360.49 ± 0.120.61
Confirmation level

A close beyond 0.61 or below 0.36 at the 21 Aug expiry would exceed the move currently priced by this chain.

Important limitation

The range is a pricing reference, not a forecast; volatility can reprice sharply after news or as expiry approaches.

Score Construction

Why conviction is 59/100

Evidence alignment, not probability

Pressure is 100/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure100 × 42%
+42.0

How strongly activity leans toward calls or puts.

Participation32 × 22%
+7.1

Volume relative to existing open interest and contract-level activity.

Trend agreement0 × 26%
+0.0

How closely the chain read agrees with the underlying trend backdrop.

Volatility96 × 10%
+9.6

The intensity of implied volatility and the priced move.

Reconstructed score58.7Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 1.00; the largest put concentration is 0.50. The most active strike by current volume is 4.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
14
0.502.9%
234
5
1.00105.9%
1493
0
1.50208.8%
2
5
2.00311.8%
696
0
3.00517.7%
247
0
4.00723.6%
15
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Back-loaded volatility

0.43× front/back

Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.

1.06 21 Aug 21d
1.30 18 Sep 49d
1.23 20 Nov 112d
1.21 15 Jan 168d
1.00 19 Feb 203d
2.47 21 Jan 539d

Volatility by Strike

Smile incomplete

Nearest expiry, within 20% of spot

There is not enough comparable OTM call and put volatility to classify the smile.

1
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

0 directional observations

Forward validation is building. The earliest eligible stored read expires 21 Aug 2026; its result will appear after the matched closing reference is stored.

Directional follow-through-
Moves contained by pricing-
Average expiry move-
Validation readiness
  • Versioned calculationv2 observations only
  • Independent entryone read per market session
  • Point-in-time referencerequired at entry
  • Matched expiry closereported only after maturity

Only v2 snapshots with a point-in-time market reference are eligible. Each observation uses one read per market session and the first weekly close on or immediately after expiry. It is an evidence audit, not an executable strategy or evidence of future performance.

Evidence Quality

High

A97/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
31 Jul 2026
Calculation
v2.0
Contracts
86 / 86
  • No material coverage gap was detected in the retained chain.

Aggregate chain data supports concentration, participation and pricing analysis. It does not identify trade aggressor, opening versus closing activity, multi-leg intent or dealer inventory.

Options Intent Radar

Earnings/event positioning

87/100
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: $1398 of estimated gross traded notional, calls · 91+ 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+100
1W price+2.6%
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 6 Aug Matched earnings event is 4 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 · OTM
Calls · 91+ days · OTM calls cluster with 98 contracts traded, $1276 estimated gross traded notional, and 91% of visible notional.
$1276
Calls · 46-90 days · OTM calls cluster with 11 contracts traded, $64 estimated gross traded notional, and 5% of visible notional.
$64
Calls · 8-21 days · OTM calls cluster with 14 contracts traded, $58 estimated gross traded notional, and 4% of visible notional.
$58

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

Warming up

-

3 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.

Baseline: 3 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close0.49
1W+2.6%
RS-67.2
Fair value-77.3%
Options pressure100
Speculation32
Volatility96
Trend fit0

Today Versus Normal

Stored-options context

View history
Expected move 25.3% history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
IV 1.06 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Put-call 0.00 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -
Volume/OI 0.00 history building
30d avg - · 3/10 sessions -
90d avg - · 3/30 sessions -
180d avg - · 3/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:48 Volatility
Pressure 98
Move 71.6%
30 Jul 11:25 Volatility
Pressure 100
Move 62.0%
30 Jul 15:08 Volatility
Pressure 72
Move 42.3%
30 Jul 15:45 Volatility
Pressure 72
Move 42.3%
30 Jul 18:02 Volatility
Pressure 72
Move 42.3%
1 Aug 23:30 Volatility
Pressure 100
Move 25.3%

Strike Map

Where activity is clustering

Full strike map
Strike0.50
Calls · V 0 · OI 234
Puts · V 0 · OI 14
Strike1.00
Calls · V 6 · OI 1493
Puts · V 0 · OI 5
Strike1.50
Calls · V 0 · OI 2
Puts · V 0 · OI 0
Strike2.00
Calls · V 0 · OI 696
Puts · V 0 · OI 5
Strike3.00
Calls · V 0 · OI 247
Puts · V 0 · OI 0
Strike4.00
Calls · V 8 · OI 15
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts12
Avg IV1.06
Put-call-
Expiry18 Sep 2026
Contracts12
Avg IV1.30
Put-call-
Expiry20 Nov 2026
Contracts12
Avg IV1.23
Put-call-
Expiry15 Jan 2027
Contracts20
Avg IV1.21
Put-call-
Expiry19 Feb 2027
Contracts12
Avg IV1.00
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Incomplete skew
Call IV0.34
Put IV-
Skew-
18 Sep 2026Incomplete skew
Call IV0.21
Put IV-
Skew-
20 Nov 2026Incomplete skew
Call IV0.86
Put IV-
Skew-
15 Jan 2027Incomplete skew
Call IV1.39
Put IV-
Skew-
19 Feb 2027Incomplete skew
Call IV0.64
Put IV-
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractATYR270115C00001000
SideCall
Expiry15 Jan 2027
Strike1.00
Volume50
OI4261
IV1.39
ContractATYR280121C00002000
SideCall
Expiry21 Jan 2028
Strike2.00
Volume17
OI310
IV1.80
ContractATYR270115C00001500
SideCall
Expiry15 Jan 2027
Strike1.50
Volume12
OI4008
IV0.97
ContractATYR280121C00000500
SideCall
Expiry21 Jan 2028
Strike0.50
Volume10
OI2514
IV1.30
ContractATYR260821C00004000
SideCall
Expiry21 Aug 2026
Strike4.00
Volume8
OI15
IV4.32
ContractATYR260918C00004000
SideCall
Expiry18 Sep 2026
Strike4.00
Volume8
OI2
IV2.82
ContractATYR260821C00001000
SideCall
Expiry21 Aug 2026
Strike1.00
Volume6
OI1493
IV2.02
ContractATYR280121C00003000
SideCall
Expiry21 Jan 2028
Strike3.00
Volume5
OI1795
IV1.86