Primary read
Volatility
Volatility expansion watch
Ticker Options Intelligence
IOVA options intelligence
Iovance Biotherapeutics Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
63
Market data through 29 Jul 2026
Checked 29 Jul 2026 23:42 · complete available chain
Volatility expansion watch
Volatility pressure
IOVA currently carries volatility options pressure with a 63/100 conviction score. The nearest-chain expected move is 9.6%, with volume/open-interest participation at 0.08.
Expected move
9.6%
Wider near-term move priced
Activity / OI
0.08
Current volume is quieter versus prior open interest
Put-call
0.24
Call-side skew
Trend fit
56
Options are not fully confirming trend
Weekly backdrop
-0.2%
RS 50.3
Expected move
9.6%
Put-call volume
0.24
Volume / OI
0.08
Reference IV
2.25
Max pain
1.00
Underlying
4.99
Nearest expiry
31 Jul 2026
Contracts
235
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.
Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $6.3M of estimated gross traded notional, calls · 22-45 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+70
1W price-0.2%
Call premium94%
Put premium6%
Notional split
C 94% / P 6%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.08
Volume divided by open interest across the visible chain.
Trend fit
56/100
Agreement between options pressure and Sharemaestro market context.
Event window
6 Aug
Matched earnings event is 8 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 · 22-45 days · ITM
calls cluster with 11115 contracts traded, $5.3M estimated gross traded notional, and 84% of visible notional.
$5.3M
Calls · 8-21 days · ITM
calls cluster with 582 contracts traded, $200029 estimated gross traded notional, and 3% of visible notional.
$200029
Calls · 91+ days · ITM
calls cluster with 503 contracts traded, $131862 estimated gross traded notional, and 2% of visible notional.
$131862
Puts · 91+ days · ITM
puts cluster with 278 contracts traded, $117248 estimated gross traded notional, and 2% of visible notional.
$117248
Puts · 8-21 days · OTM
puts cluster with 1909 contracts traded, $94633 estimated gross traded notional, and 1% of visible notional.
$94633
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
Close4.99
1W-0.2%
RS50.3
Fair value-15.7%
Options pressure70
Speculation42
Volatility94
Trend fit56
Today Versus Normal
Stored-options context
30d avg 7.0% · 1 read
100th
90d avg 7.0% · 1 read
100th
180d avg 7.0% · 1 read
100th
30d avg 0.56 · 1 read
100th
90d avg 0.56 · 1 read
100th
180d avg 0.56 · 1 read
100th
30d avg 0.28 · 1 read
0th
90d avg 0.28 · 1 read
0th
180d avg 0.28 · 1 read
0th
30d avg 0.03 · 1 read
100th
90d avg 0.03 · 1 read
100th
180d avg 0.03 · 1 read
100th
Pressure Trail
Recent pressure and volatility
29 Jul 11:01
Bullish
Pressure 65
Move 7.0%
29 Jul 22:42
Volatility
Pressure 70
Move 9.6%
Strike Map
Where activity is clustering
Strike0.50
Calls · V 11 · OI 1603
Puts · V 1 · OI 17
Strike1.00
Calls · V 7 · OI 747
Puts · V 4 · OI 3
Strike1.50
Calls · V 13 · OI 354
Puts · V 10 · OI 9
Strike2.00
Calls · V 2 · OI 46
Puts · V 2 · OI 7
Strike2.50
Calls · V 1 · OI 15
Puts · V 4 · OI 19
Strike3.00
Calls · V 21 · OI 121
Puts · V 14 · OI 24
Strike3.50
Calls · V 2 · OI 6
Puts · V 1 · OI 72
Strike4.00
Calls · V 26 · OI 425
Puts · V 12 · OI 1151
Term Structure
Expiration activity
Expiry31 Jul 2026
Contracts24
Avg IV2.25
Put-call0.11
Expiry7 Aug 2026
Contracts24
Avg IV2.92
Put-call2.59
Expiry14 Aug 2026
Contracts22
Avg IV2.37
Put-call0.05
Expiry21 Aug 2026
Contracts26
Avg IV1.52
Put-call0.78
Expiry28 Aug 2026
Contracts21
Avg IV3.32
Put-call0.01
Skew
Call/put IV balance
31 Jul 2026Call IV premium
Call IV1.34
Put IV0.78
Skew-0.56
7 Aug 2026Call IV premium
Call IV2.80
Put IV1.86
Skew-0.95
14 Aug 2026Call IV premium
Call IV4.04
Put IV0.91
Skew-3.13
21 Aug 2026Put IV premium
Call IV1.49
Put IV1.92
Skew0.43
28 Aug 2026Call IV premium
Call IV2.79
Put IV2.74
Skew-0.05
Contract Tape
Most active contracts
ContractIOVA260814P00005500
SidePut
Expiry14 Aug 2026
Strike5.50
Volume-
OI100
IV2.63
ContractIOVA261218C00001000
SideCall
Expiry18 Dec 2026
Strike1.00
Volume-
OI84
IV3.73
ContractIOVA270319C00007500
SideCall
Expiry19 Mar 2027
Strike7.50
Volume-
OI82
IV1.55
ContractIOVA260731C00006500
SideCall
Expiry31 Jul 2026
Strike6.50
Volume-
OI30
IV3.83
ContractIOVA260814C00007000
SideCall
Expiry14 Aug 2026
Strike7.00
Volume-
OI25
IV2.61
ContractIOVA260904P00001500
SidePut
Expiry4 Sep 2026
Strike1.50
Volume-
OI12
IV-
ContractIOVA260828P00004500
SidePut
Expiry28 Aug 2026
Strike4.50
Volume-
OI5
IV2.74
ContractIOVA260814C00007500
SideCall
Expiry14 Aug 2026
Strike7.50
Volume-
OI5
IV4.66
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.