AInvestOption Pilot Program
Options/HLF
HLF logo

HLFHerbalife Ltd.

Options Analysis Report•WHOLESALE-DRUGS, PROPRIETARIES & DRUGGISTS' SUNDRIES
Market Cap $1.3B|NYSE
● 2026-08-31$12.43
BULLISH
Analysis: 2026-08-28 EOD data
1Y +27.0%YTD -3.0%7D -1.2%
3,022
30D
±12.9%
1%

HLF Options Overview

IV is elevated with bullish flow. No clear edge detected.

REWARDS

RISK ANALYSIS

5.4VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Favorable conditions for premium sellers

Learn
Loading score history...

HLF Gamma Walls

Loading gamma walls...

Value

Is IV priced right?

5.6
ExpensiveCheap

Measures whether options are cheap, fair, or rich relative to historical and peer

levels.

Risk Checks5/9 checks passed
≤35%

IV Rank 81.8% — elevated vs history

<1.05x

IV/HV 0.95x — IV ≤ HV

Sector Relative≤50%

Sector percentile 92% — above sector median

<1.1x

Front/Back 0.67x — contango

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 57.4% — normal range

<80%

Effective IV 77.5% (ATM 57.4% + spread 10.0% + bias) — fair

<3.0%

Total drag 10.64% (spread 10.03% + slippage 0.61%) — high friction

≥5.0

Vega efficiency 1.18 (vega 1.187 / spread 10.03%) — spread drag

Sentiment

Bullish or bearish?

6.6
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksNeutral - Moderate signal (Conviction: +2%, Raw: +3%)
|net sentiment| ≥25%

Conviction-weighted: +2% (neutral) — Raw: +3%

≥15%

|OI skew| 36.1% — call-heavy

Same sign, |vol skew| ≥10%

Vol skew +93.4%, OI skew +36.1% — aligned

≥2/3 conditions

0-DTE 0%, far-OTM 15%, avg DTE 30

|change| ≥3%

OI change +0.0% (5d) — stable

|weighted flow| ≥20%

ITM: +5%, ATM: -18%, OTM: -42% — neutral (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 6% — very bullish vs sector

Activity

Unusual activity?

3.6
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks0/8 checks passed
≥1.5x

Volume 1.4x avg — normal

≥15%

Vol/OI 2.3% — normal turnover

≥2 days

1 day(s) elevated — may be one-day event

≥5%

OI change +2.7% (5d) — building

Sector Relative≥60%

Sector activity percentile 52% — neutral vs sector

≥30%

Large trade volume 0% — mostly retail

≥60%

Aggressive execution 1% — patient

≥30

Conviction +2 (bullish) — mixed

Liquidity

Can I trade efficiently?

4.4
IlliquidLiquid

Evaluates

, volume depth, and open interest for trade execution quality.

Risk Checks4/8 checks passed
≤5.0%

Spread 10.0% — wide

≥10,000

OI 131,851 — deep

≥500

Volume 3,022/day — adequate

≤$0.50

$0.50 to cross — expensive

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 96% — much wider than sector

≥100 contracts

Depth 522.9 contracts (bid:326.0 ask:196.9) — deep

<1.0%

Avg slippage 0.61% — good

Timing

Is now a good time?

6.8
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks6/9 checks passed
|slope| ≥5%

Slope -32.8% — contango

<30 or >70

IV percentile 82% — seller opportunity

≥10pts kink

IV kink -13.8pts — no clear event

<0.5 or >2.0

θ/ν ratio 89.89 — favors income trades

≥3 expirations

5 liquid expirations — flexible

≥60% (safe)

safe window: No events detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow +2% @ 51% consistency — unclear

≥40 composite score

Score 30 (ITM 20% + inst 0%) — retail dominated

Directional Strategy Fit

Option Buyers
Long Calls6.6
bullishIV fair, bullish flow
Long Puts4.8
bearishIV fair, bullish flow
Premium Sellers
Cash-Secured Put5.5
bullishIV fair, bullish flow
Covered Call4.4
bearishIV fair, bullish flow

For educational purposes only. Not investment advice.

The Options Desk tracks the move options price into every US earnings report the week of Aug 31, next to how much each stock has actually moved on its past prints — plus the SPY, QQQ and IWM expected ranges and the gamma walls that box them in.

More on HLF

HLF gamma wallsHLF max painHLF IV rankHLF options flow