Ticker Options Intelligence

INMB options intelligence

INmune Bio Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 56 Market data through 17 Sep 2026 Checked 18 Sep 2026 11:22 · complete available chain

Volatility expansion watch

Volatility pressure

INMB currently carries volatility options pressure with a 56/100 conviction score. The nearest-chain expected move is 18.7%, with volume/open-interest participation at 0.04.

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

Volatility expansion watch

Expected move 18.7%

Wider near-term move priced

Activity / OI 0.04

Current volume is quieter versus prior open interest

Put-call 0.00

Call-side skew

Trend fit 13

Options are not fully confirming trend

Weekly backdrop +5.0%

RS 26.2

Expected move 18.7%
Put-call volume -
Volume / OI 0.04
Reference IV 3.56
Max pain 1.00
Underlying 2.22
Nearest expiry 18 Sep 2026
Contracts 56

Research Brief

INMB has a volatility chain read with 56/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 1.81–2.63; The largest call open-interest concentration is 4.00; the largest put concentration is 2.00. The most active strike by current volume is 1.00.

Priced range1.81–2.63
Call concentration4.00
Put concentration2.00
Max pain reference1.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
  • Participation is above the ticker's stored normal, which makes the read more noteworthy.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • Options and the weekly trend are not yet giving the same message.
  • Front-expiry volatility is rich, so the signal may be event-driven and vulnerable to volatility compression.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 18 Sep

Options imply 1.81 to 2.63. Max pain at 1.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain
1.812.22 ± 0.412.63
Confirmation level

A close beyond 2.63 or below 1.81 at the 18 Sep 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 56/100

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.

Participation5 × 22%
+1.1

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

Trend agreement13 × 26%
+3.4

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 score56.1Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 4.00; the largest put concentration is 2.00. The most active strike by current volume is 1.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
17
1.00-55.0%
207
182
2.00-9.9%
586
2
3.0035.1%
844
1
4.0080.2%
927
5
5.00125.2%
200
0
6.00170.3%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Positive gamma proxy

Reported + model-estimated Greeks · 86% coverage

Call-side gamma sensitivity outweighs the put-side proxy across the retained chain. The largest bars mark levels where delta-hedging sensitivity may be most concentrated.

Net profile+$1,402Delta change / 1% move
Positive peak3.00+$2,166
Negative peak2.00-$1,647
Nearest balance2.43Interpolated sign change
StrikeNegativePositiveNet / 1% move
1.00-55.0%
+$180
2.00-9.9%
-$1,647
3.0035.1%
+$2,166
4.0080.2%
+$614
5.00125.2%
+$86
6.00170.3%
+$3
Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike

Scenario proxy = gamma × open interest × 100 shares × spot² × 1%. Calls are positive and puts negative by convention. Missing Greeks use a Black-Scholes estimate from stored IV with zero rate and dividend assumptions. Open interest does not reveal who is long or short, so this is not observed dealer positioning or a forecast.

Volatility Curve

Front-loaded volatility

3.80× front/back

Near-term options are materially richer than later expirations, consistent with concentrated event or immediate-risk pricing.

3.56 18 Sep 1d
0.75 16 Oct 29d
0.78 20 Nov 64d
0.61 18 Dec 92d
0.94 19 Mar 183d

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.

2
Put IV Call IV

Historical Replay

How matured reads behaved through expiry

19 matured · 0 directional

19 stored transitions are available, but none had a directional bullish or bearish label.

Directional follow-through-
Moves contained by pricing89%
Average expiry move13.5%
17 Sep Volatility · 56 5.0% through expiry 18.7% priced · v2.0
15 Sep Volatility · 56 5.0% through expiry 30.3% priced · v2.0
11 Sep Volatility · 53 5.0% through expiry 13.5% priced · v2.0
9 Sep Mixed · 41 -4.5% through expiry 33.1% priced · v2.0
4 Sep Volatility · 57 -4.5% through expiry 19.4% priced · v2.0
1 Sep Volatility · 56 0.0% through expiry 27.4% priced · v2.0
28 Aug Volatility · 65 0.0% through expiry 24.0% priced · v2.0
21 Aug Volatility · 57 0.4% through expiry 25.6% priced · v2.0
20 Aug Volatility · 57 6.9% through expiry 38.2% priced · v2.0
14 Aug Volatility · 53 6.9% through expiry 24.9% priced · v2.0
13 Aug Volatility · 57 11.3% through expiry 24.0% priced · v2.0
12 Aug Volatility · 54 11.3% through expiry 23.1% priced · v2.0

Eligible snapshots must have a dated market session, stored signal, and point-in-time market reference. Each observation uses one read per market session and the first stored weekly close on or immediately after expiry; its original calculation version is retained. It is an evidence audit, not an executable strategy or evidence of future performance.

Evidence Quality

Usable with limits

C69/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
17 Sep 2026
Calculation
v2.0
Contracts
56 / 56
  • 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

Volatility expansion bet

92/100
Primary intent Volatility expansion bet

The strongest message is movement risk: expected move and implied volatility are carrying more signal than 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

Volatility expansion bet matters because it connects the options headline to the actual evidence: $35,000 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+100
1W price+5.0%
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 0.04 Volume divided by open interest across the visible chain.
Trend fit 13/100 Agreement between options pressure and Sharemaestro market context.
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 250 contracts traded, $35,000 estimated gross traded notional, and 100% of visible notional.
$35,000

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

Above normal

78

Activity is running above the recent historical baseline.

Baseline: 20 completed sessions

Volume rank70th
Volume/OI rank70th
IV rank95th

Market Context

Underlying confirmation

Sharemaestro weekly
Close2.33
1W+5.0%
RS26.2
Fair value-58.4%
Options pressure100
Speculation5
Volatility96
Trend fit13

Today Versus Normal

Stored-options context

View history
Expected move 18.7% history building
30d avg - · 8/10 sessions -
90d avg - · 20/30 sessions -
180d avg - · 20/60 sessions -
IV 3.56 history building
30d avg - · 8/10 sessions -
90d avg - · 20/30 sessions -
180d avg - · 20/60 sessions -
Put-call 0.00 history building
30d avg - · 8/10 sessions -
90d avg - · 20/30 sessions -
180d avg - · 20/60 sessions -
Volume/OI 0.04 history building
30d avg - · 8/10 sessions -
90d avg - · 20/30 sessions -
180d avg - · 20/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:49 Volatility
Pressure 100
Move 36.6%
30 Jul 11:26 Volatility
Pressure 100
Move 37.6%
31 Jul 11:00 Volatility
Pressure 100
Move 38.4%
2 Aug 11:31 Volatility
Pressure 96
Move 37.1%
3 Aug 07:42 Volatility
Pressure 100
Move 43.3%
4 Aug 10:54 Volatility
Pressure 100
Move 35.5%
5 Aug 11:22 Volatility
Pressure 100
Move 38.6%
6 Aug 11:25 Volatility
Pressure 100
Move 29.4%

Strike Map

Where activity is clustering

Full strike map
Strike1.00
Calls · V 0 · OI 207
Puts · V 0 · OI 17
Strike2.00
Calls · V 0 · OI 586
Puts · V 0 · OI 182
Strike3.00
Calls · V 0 · OI 844
Puts · V 0 · OI 2
Strike4.00
Calls · V 0 · OI 927
Puts · V 0 · OI 1
Strike5.00
Calls · V 0 · OI 200
Puts · V 0 · OI 5
Strike6.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry18 Sep 2026
Contracts12
Avg IV3.56
Put-call-
Expiry16 Oct 2026
Contracts12
Avg IV0.75
Put-call-
Expiry20 Nov 2026
Contracts8
Avg IV0.78
Put-call-
Expiry18 Dec 2026
Contracts12
Avg IV0.61
Put-call-
Expiry19 Mar 2027
Contracts12
Avg IV0.94
Put-call-

Skew

Call/put IV balance

OTM demand
18 Sep 2026Call IV premium
Call IV3.68
Put IV1.45
Skew-2.23
16 Oct 2026Call IV premium
Call IV0.68
Put IV0.28
Skew-0.40
20 Nov 2026Call IV premium
Call IV0.45
Put IV0.19
Skew-0.26
18 Dec 2026Call IV premium
Call IV1.21
Put IV0.16
Skew-1.05
19 Mar 2027Balanced skew
Call IV0.86
Put IV0.90
Skew0.04

Contract Tape

Most active contracts

Full contract tape
ContractINMB270319C00001000
SideCall
Expiry19 Mar 2027
Strike1.00
Volume250
OI509
IV1.56
ContractINMB260918C00004000
SideCall
Expiry18 Sep 2026
Strike4.00
Volume-
OI927
IV6.07
ContractINMB260918C00003000
SideCall
Expiry18 Sep 2026
Strike3.00
Volume-
OI844
IV3.68
ContractINMB261218C00003000
SideCall
Expiry18 Dec 2026
Strike3.00
Volume-
OI627
IV0.38
ContractINMB260918C00002000
SideCall
Expiry18 Sep 2026
Strike2.00
Volume-
OI586
IV0.01
ContractINMB261218C00002000
SideCall
Expiry18 Dec 2026
Strike2.00
Volume-
OI513
IV0.01
ContractINMB261218C00001000
SideCall
Expiry18 Dec 2026
Strike1.00
Volume-
OI224
IV0.01
ContractINMB260918C00001000
SideCall
Expiry18 Sep 2026
Strike1.00
Volume-
OI207
IV0.01

Evidence context