TGTXTG Therapeutics, Inc.
TGTX Options Overview
IV is elevated with bullish flow. No clear edge detected.
REWARDS
RISK ANALYSIS
TGTX Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 80.4% — elevated vs history
IV/HV 0.90x — IV ≤ HV
Sector percentile 53% — above sector median
Front/Back 0.94x — contango
Put/Call IV 1.16x — elevated
ATM IV 55.3% — normal range
Effective IV 93.7% (ATM 55.3% + spread 19.2% + bias) — expensive
Total drag 26.70% (spread 19.18% + slippage 7.52%) — high friction
Vega efficiency 6.87 (vega 13.172 / spread 19.18%) — acceptable
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: -30% (strong bearish) — Raw: -36%
|OI skew| 41.5% — call-heavy
Vol skew +77.6%, OI skew +41.5% — aligned
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: -49%, ATM: -16%, OTM: -41% — strong bearish (ITM/ATM aligned)
Sector P/C percentile 19% — very bullish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 0.9x avg — normal
Vol/OI 5.1% — normal turnover
1 day(s) elevated — may be one-day event
OI change +4.8% (5d) — building
Sector activity percentile 80% — very active vs sector
Large trade volume 51% — heavy institutional
Aggressive execution 32% — patient
Conviction -30 (bearish) — moderate
Liquidity
Can I trade efficiently?
Evaluates
Spread 19.2% — wide
OI 55,110 — deep
Volume 2,789/day — adequate
$0.96 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 80% — much wider than sector
Depth 179.0 contracts (bid:82.9 ask:96.1) — adequate
Avg slippage 7.52% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -5.8% — contango
IV percentile 80% — seller opportunity
IV kink -4.8pts — no clear event
θ/ν ratio 472.13 — favors income trades
4 liquid expirations — flexible
safe window: No events detected
Spread ratio 1.00x — stable
Flow -30% @ 65% consistency — moderate (bearish)
Score 81 (ITM 20% + inst 51%) — HIGH institutional
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 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.