Options/USAR
USAR logo

USARUSA Rare Earth, Inc. Class A Common Stock

Options Analysis ReportMETAL MINING
Market Cap $3.9B|NASDAQ
2026-09-11$16.04
BULLISH
Analysis: 2026-09-10 EOD data
1Y +10.4%YTD +13.4%7D -8.9%
43,891
30D
±22.7%
3%

USAR Options Overview

IV is elevated with unusual activity. Conditions favor premium sellers.

REWARDS

RISK ANALYSIS

5.7VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Favorable conditions for premium sellers

Loading score history...

USAR Gamma Walls

Loading gamma walls...

Value

Is IV priced right?

4.8
ExpensiveCheap

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

levels.

Risk Checks2/9 checks passed
≤35%

IV Rank 91.8% — elevated vs history

<1.05x

IV/HV 1.07x — IV premium over HV

Sector Relative≤50%

Sector percentile 94% — above sector median

<1.1x

Front/Back 0.93x — contango

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 82.1% — crisis-level IV

<80%

Effective IV 96.9% (ATM 82.1% + spread 7.4% + bias) — expensive

<3.0%

Total drag 12.38% (spread 7.40% + slippage 4.98%) — high friction

≥5.0

Vega efficiency 1.75 (vega 1.292 / spread 7.40%) — spread drag

Sentiment

Bullish or bearish?

6.8
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksBullish - Strong signal (Conviction: +24%, Raw: +18%)
|net sentiment| ≥25%

Conviction-weighted: +24% (bullish) — Raw: +18%

≥15%

|OI skew| 29.3% — call-heavy

Same sign, |vol skew| ≥10%

Vol skew +18.5%, OI skew +29.3% — aligned

≥2/3 conditions

0-DTE 24%, far-OTM 15%, avg DTE 30

|change| ≥3%

OI change +0.0% (5d) — stable

|weighted flow| ≥20%

ITM: +34%, ATM: +34%, OTM: +11% — strong bullish (ITM/ATM aligned)

Sector Relative≤40% or ≥60%

Sector P/C percentile 59% — bearish vs sector

Activity

Unusual activity?

4.9
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks2/8 checks passed
≥1.5x

Volume 1.2x avg — normal

≥15%

Vol/OI 7.8% — normal turnover

≥2 days

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

≥5%

OI change +2.6% (5d) — building

Sector Relative≥60%

Sector activity percentile 91% — very active vs sector

≥30%

Large trade volume 31% — institutional presence

≥60%

Aggressive execution 44% — patient

≥30

Conviction +24 (bullish) — mixed

Liquidity

Can I trade efficiently?

4.9
IlliquidLiquid

Evaluates

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

Risk Checks4/8 checks passed
≤5.0%

Spread 7.4% — wide

≥10,000

OI 561,240 — deep

≥500

Volume 43,891/day — active

≤$0.50

$0.37 to cross — cheap

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 97% — much wider than sector

≥100 contracts

Depth 415.29999999999995 contracts (bid:192.7 ask:222.6) — adequate

<1.0%

Avg slippage 4.98% — poor

Timing

Is now a good time?

7.2
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

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

Slope -7.2% — contango

<30 or >70

IV percentile 92% — seller opportunity

≥10pts kink

IV kink -3.4pts — no clear event

<0.5 or >2.0

θ/ν ratio 35.10 — favors income trades

≥3 expirations

4 liquid expirations — flexible

≥60% (safe)

caution advised: FOMC in 5d; CPI in 0d (HIGH)

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow +24% @ 62% consistency — unclear

≥40 composite score

Score 61 (ITM 20% + inst 31%) — HIGH institutional

Directional Strategy Fit

Option Buyers
Long Calls6.5
bullishIV fair, bullish flow
Long Puts4.6
bearishIV fair, bullish flow
Premium Sellers
Cash-Secured Put6.0
bullishIV fair, bullish flow
Covered Call4.7
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 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.

More on USAR