IDYAIDEAYA Biosciences, Inc. Common Stock
IDYA Options Overview
IV is elevated. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
IDYA Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 76.6% — elevated vs history
IV/HV 1.52x — IV premium over HV
Sector percentile 51% — above sector median
Front/Back 0.76x — contango
Put/Call IV 1.16x — elevated
ATM IV 54.4% — normal range
Effective IV 321.4% (ATM 54.4% + spread 133.5% + bias) — expensive
Total drag 167.94% (spread 133.51% + slippage 34.43%) — high friction
Vega efficiency 0.84 (vega 11.160 / spread 133.51%) — spread drag
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: +22% (bullish) — Raw: +6%
|OI skew| 71.2% — call-heavy
Vol skew -26.3%, OI skew +71.2% — divergent (opposite)
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +100%, ATM: +100%, OTM: -46% — strong bullish (ITM/ATM aligned)
Sector P/C percentile 84% — very bearish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 0.5x avg — normal
Vol/OI 1.2% — normal turnover
1 day(s) elevated — may be one-day event
OI change +4.5% (5d) — building
Sector activity percentile 44% — neutral vs sector
Large trade volume 0% — mostly retail
Aggressive execution 17% — patient
Conviction +22 (bullish) — mixed
Liquidity
Can I trade efficiently?
Evaluates
Spread 133.5% — wide
OI 1,564 — thin
Volume 19/day — thin
$6.68 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 80% — much wider than sector
Depth 23.8 contracts (bid:18.5 ask:5.3) — thin
Avg slippage 34.43% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -23.9% — contango
IV percentile 77% — seller opportunity
IV kink -14.2pts — no clear event
θ/ν ratio 710.85 — favors income trades
3 liquid expirations — flexible
caution advised: FOMC in 5d; CPI in 0d (HIGH)
Spread ratio 1.00x — stable
Flow +22% @ 60% consistency — unclear
Score 30 (ITM 20% + inst 0%) — retail dominated
Directional Strategy Fit
For educational purposes only. Not investment advice.
The Options Desk tracks the move options price into every US earnings report the week of Sep 7, 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.