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Options Analysis Report•RETAIL-FURNITURE STORES
Market Cap $2.8B|NYSE
● 2026-08-31$149.49
NEUTRAL
Analysis: 2026-08-28 EOD data
1Y -32.6%YTD -22.7%7D +4.3%
1,519
30D
±25.2%
24%

RH Options Overview

IV is elevated. Conditions favor premium sellers.

REWARDS

RISK ANALYSIS

4.5VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Favorable conditions for premium sellers

Learn
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RH Gamma Walls

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Value

Is IV priced right?

4.0
ExpensiveCheap

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

levels.

Risk Checks3/9 checks passed
≤35%

IV Rank 90.5% — elevated vs history

<1.05x

IV/HV 1.07x — IV premium over HV

Sector Relative≤50%

Sector percentile 96% — above sector median

<1.1x

Front/Back 0.96x — contango

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 73.4% — normal range

<80%

Effective IV 122.4% (ATM 73.4% + spread 24.5% + bias) — expensive

<3.0%

Total drag 37.16% (spread 24.48% + slippage 12.68%) — high friction

≥5.0

Vega efficiency 0.88 (vega 2.150 / spread 24.48%) — spread drag

Sentiment

Bullish or bearish?

5.9
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksNeutral - Weak signal (Conviction: +4%, Raw: +0%)
|net sentiment| ≥25%

Conviction-weighted: +4% (neutral) — Raw: +0%

≥15%

|OI skew| 9.4% — balanced

Same sign, |vol skew| ≥10%

Vol skew +13.0%, OI skew +9.4% — 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: -25%, ATM: +27%, OTM: -8% — neutral (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 48% — neutral vs sector

Activity

Unusual activity?

3.2
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks1/8 checks passed
≥1.5x

Volume 0.6x avg — normal

≥15%

Vol/OI 2.2% — normal turnover

≥2 days

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

≥5%

OI change +9.5% (5d) — building

Sector Relative≥60%

Sector activity percentile 54% — neutral vs sector

≥30%

Large trade volume 0% — mostly retail

≥60%

Aggressive execution 21% — patient

≥30

Conviction +4 (bullish) — mixed

Liquidity

Can I trade efficiently?

3.0
IlliquidLiquid

Evaluates

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

Risk Checks2/8 checks passed
≤5.0%

Spread 24.5% — wide

≥10,000

OI 69,247 — deep

≥500

Volume 1,519/day — adequate

≤$0.50

$1.22 to cross — expensive

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 98% — much wider than sector

≥100 contracts

Depth 85.6 contracts (bid:43.6 ask:42.0) — thin

<1.0%

Avg slippage 12.68% — poor

Timing

Is now a good time?

6.5
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks5/9 checks passed
|slope| ≥5%

Slope -4.2% — flat/unclear

<30 or >70

IV percentile 90% — seller opportunity

≥10pts kink

IV kink -8.5pts — no clear event

<0.5 or >2.0

θ/ν ratio 5.14 — favors income trades

≥3 expirations

5 liquid expirations — flexible

≥60% (safe)

acceptable: Earnings in 10d

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow +4% @ 52% consistency — unclear

≥40 composite score

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

Directional Strategy Fit

Option Buyers
Long Calls4.9
bullishIV fair, mixed flow
Long Puts4.3
bearishIV fair, mixed flow
Premium Sellers
Cash-Secured Put5.4
bullishIV fair, mixed flow
Covered Call4.8
bearishIV fair, mixed 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.

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RH gamma wallsRH max painRH IV rankRH options flow