IMVTImmunovant, Inc. Common Stock
IMVT Options Overview
IV is elevated with bullish flow. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
IMVT Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 91.2% — elevated vs history
IV/HV 2.41x — IV premium over HV
Sector percentile 78% — above sector median
Front/Back 0.95x — contango
Put/Call IV 1.16x — elevated
ATM IV 80.2% — crisis-level IV
Effective IV 153.3% (ATM 80.2% + spread 36.6% + bias) — expensive
Total drag 46.53% (spread 36.56% + slippage 9.97%) — high friction
Vega efficiency 2.36 (vega 8.634 / spread 36.56%) — spread drag
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: +87% (strong bullish) — Raw: +74%
|OI skew| 71.3% — call-heavy
Vol skew +76.1%, OI skew +71.3% — aligned
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +0%, ATM: -100%, OTM: +78% — strong bearish (ITM/ATM divergent)
Sector P/C percentile 23% — very bullish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 0.2x avg — normal
Vol/OI 0.2% — normal turnover
1 day(s) elevated — may be one-day event
OI change +2.4% (5d) — building
Sector activity percentile 15% — quiet vs sector
Large trade volume 0% — mostly retail
Aggressive execution 43% — patient
Conviction +87 (bullish) — strong conviction
Liquidity
Can I trade efficiently?
Evaluates
Spread 36.6% — wide
OI 28,655 — adequate
Volume 67/day — thin
$1.83 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 91% — much wider than sector
Depth 15.600000000000001 contracts (bid:7.7 ask:7.9) — thin
Avg slippage 9.97% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -4.8% — flat/unclear
IV percentile 91% — seller opportunity
IV kink -0.8pts — no clear event
θ/ν ratio 284.96 — favors income trades
3 liquid expirations — flexible
caution advised: FOMC in 5d; CPI in 0d (HIGH)
Spread ratio 1.00x — stable
Flow +87% @ 94% consistency — STRONG directional (bullish)
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.