Ticker Options Intelligence

USNA options intelligence

USANA Health Sciences Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 48 Market data through 30 Jul 2026 Checked 31 Jul 2026 12:08 · complete available chain

Volatility expansion watch

Volatility pressure

USNA currently carries volatility options pressure with a 48/100 conviction score. The nearest-chain expected move is 18.4%, with volume/open-interest participation at 0.01.

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

Volatility expansion watch

Expected move 18.4%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 2.00

Put-side skew

Trend fit 94

Options agree with trend context

Weekly backdrop +3.7%

RS -6.7

Expected move 18.4%
Put-call volume 2.00
Volume / OI 0.01
Reference IV 0.75
Max pain 20.00
Underlying 21.32
Nearest expiry 21 Aug 2026
Contracts 84

Research Brief

USNA has a volatility chain read with 48/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 17.39–25.25; The largest call open-interest concentration is 20.00; the largest put concentration is 20.00. The most active strike by current volume is 20.00.

Priced range17.39–25.25
Call concentration20.00
Put concentration20.00
Max pain reference20.00
What would confirm it
  • A clear directional pressure reading develops and price begins to agree.
  • The current chain read already agrees with the stored weekly trend context.
What would weaken it
  • Volatility falls and the chain remains directionally mixed.
  • 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 21 Aug

Options imply 17.39 to 25.25. Max pain at 20.00 sits inside that range, 6.2% below spot.

Spot Max pain
17.3921.32 ± 3.9325.25
Confirmation level

A close beyond 25.25 or below 17.39 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 48/100

Evidence alignment, not probability

Pressure is 33/100 toward puts; conviction uses its strength, while the signal label carries its direction.

Directional pressure33 × 42%
+13.7

How strongly activity leans toward calls or puts.

Participation4 × 22%
+0.9

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

Trend agreement94 × 26%
+24.6

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

Volatility93 × 10%
+9.3

The intensity of implied volatility and the priced move.

Reconstructed score48.4Matches stored calculation

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 20.00; the largest put concentration is 20.00. The most active strike by current volume is 20.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest
0
2.50-88.3%
0
1
5.00-76.5%
0
1
7.50-64.8%
0
0
10.00-53.1%
0
0
12.50-41.4%
0
0
15.00-29.6%
3
4
17.50-17.9%
0
40
20.00-6.2%
18
1
22.505.5%
12
4
25.0017.3%
9
1
30.0040.7%
3
0
35.0064.2%
2
Nearest spot strike Max pain strikeBars show relative OI within this expiry

Volatility Curve

Front-loaded volatility

3.47× front/back

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

0.75 21 Aug 22d
0.37 18 Sep 50d
0.23 16 Oct 78d
0.22 15 Jan 169d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.

18
20
23
25
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

Usable with limits

C69/100
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
Chain status
Complete available chain
Market date
30 Jul 2026
Calculation
v2.0
Contracts
84 / 84
  • 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: $985 of estimated gross traded notional, puts · 46-90 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-33
1W price+3.7%
Call premium12%
Put premium88%
Notional split C 12% / P 88% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.01 Volume divided by open interest across the visible chain.
Trend fit 94/100 Agreement between options pressure and Sharemaestro market context.
Event window 4 Aug Matched earnings event is 2 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 Puts · 46-90 days · ITM
Puts · 46-90 days · ITM puts cluster with 1 contracts traded, $795 estimated gross traded notional, and 81% of visible notional.
$795
Calls · 46-90 days · OTM calls cluster with 1 contracts traded, $115 estimated gross traded notional, and 12% of visible notional.
$115
Puts · 8-21 days · OTM puts cluster with 1 contracts traded, $75 estimated gross traded notional, and 8% of visible notional.
$75

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

Warming up

-

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

Baseline: 2 completed sessions

Volume rank-
Volume/OI rank-
IV rank-

Market Context

Underlying confirmation

Sharemaestro weekly
Close22.11
1W+3.7%
RS-6.7
Fair value-36.9%
Options pressure-33
Speculation4
Volatility93
Trend fit94

Today Versus Normal

Stored-options context

View history
Expected move 18.4% history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
IV 0.75 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Put-call 2.00 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -
Volume/OI 0.01 history building
30d avg - · 2/10 sessions -
90d avg - · 2/30 sessions -
180d avg - · 2/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:35 Volatility
Pressure -78
Move 12.2%
30 Jul 11:15 Bearish
Pressure -23
Move 10.4%
30 Jul 23:48 Volatility
Pressure -27
Move 19.7%
31 Jul 11:08 Volatility
Pressure -33
Move 18.4%
1 Aug 23:20 Mixed
Pressure 15
Move 12.6%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike7.50
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike10.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike12.50
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike15.00
Calls · V 0 · OI 3
Puts · V 0 · OI 0
Strike17.50
Calls · V 0 · OI 0
Puts · V 0 · OI 4
Strike20.00
Calls · V 0 · OI 18
Puts · V 1 · OI 40

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts24
Avg IV0.75
Put-call-
Expiry18 Sep 2026
Contracts14
Avg IV0.37
Put-call1.00
Expiry16 Oct 2026
Contracts22
Avg IV0.23
Put-call-
Expiry15 Jan 2027
Contracts24
Avg IV0.22
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.23
Put IV2.33
Skew2.10
18 Sep 2026Put IV premium
Call IV0.02
Put IV0.15
Skew0.13
16 Oct 2026Put IV premium
Call IV0.01
Put IV0.12
Skew0.11
15 Jan 2027Balanced skew
Call IV0.07
Put IV0.08
Skew0.01

Contract Tape

Most active contracts

Full contract tape
ContractUSNA260821P00020000
SidePut
Expiry21 Aug 2026
Strike20.00
Volume1
OI40
IV0.22
ContractUSNA260918P00030000
SidePut
Expiry18 Sep 2026
Strike30.00
Volume1
OI2
IV0.62
ContractUSNA260918C00025000
SideCall
Expiry18 Sep 2026
Strike25.00
Volume1
OI2
IV0.15
ContractUSNA261016C00017500
SideCall
Expiry16 Oct 2026
Strike17.50
Volume-
OI59
IV0.46
ContractUSNA261016P00022500
SidePut
Expiry16 Oct 2026
Strike22.50
Volume-
OI24
IV0.01
ContractUSNA261016C00022500
SideCall
Expiry16 Oct 2026
Strike22.50
Volume-
OI21
IV0.01
ContractUSNA261016P00025000
SidePut
Expiry16 Oct 2026
Strike25.00
Volume-
OI21
IV0.46
ContractUSNA260821C00020000
SideCall
Expiry21 Aug 2026
Strike20.00
Volume-
OI18
IV0.50