AInvestOption Pilot Program
Options/URGN
URGN logo

URGNUroGen Pharma Ltd. Ordinary Shares

Options Analysis Report•PHARMACEUTICAL PREPARATIONS
Market Cap $2.1B|NASDAQ
● 2026-08-31$43.62
BULLISH
Analysis: 2026-08-28 EOD data
1Y +123.3%YTD +92.1%7D -5.5%
132
30D
±20.2%
3%

URGN Options Overview

IV is elevated with bullish flow. Conditions favor premium sellers.

REWARDS

RISK ANALYSIS

4.8VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Favorable conditions for premium sellers

Learn
Loading score history...

URGN Gamma Walls

Loading gamma walls...

Value

Is IV priced right?

5.2
ExpensiveCheap

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

levels.

Risk Checks4/9 checks passed
≤35%

IV Rank 88.4% — elevated vs history

<1.05x

IV/HV 1.00x — IV ≤ HV

Sector Relative≤50%

Sector percentile 71% — above sector median

<1.1x

Front/Back 1.07x — backwardation

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 68.3% — normal range

<80%

Effective IV 121.5% (ATM 68.3% + spread 26.6% + bias) — expensive

<3.0%

Total drag 37.21% (spread 26.61% + slippage 10.60%) — high friction

≥5.0

Vega efficiency 1.53 (vega 4.070 / spread 26.61%) — spread drag

Sentiment

Bullish or bearish?

6.6
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksNeutral - Strong signal (Conviction: +3%, Raw: +13%)
|net sentiment| ≥25%

Conviction-weighted: +3% (neutral) — Raw: +13%

≥15%

|OI skew| 30.2% — call-heavy

Same sign, |vol skew| ≥10%

Vol skew +84.8%, OI skew +30.2% — 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: -50%, ATM: -100%, OTM: +20% — strong bearish (ITM/ATM aligned)

Sector Relative≤40% or ≥60%

Sector P/C percentile 15% — very bullish vs sector

Activity

Unusual activity?

3.0
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks1/8 checks passed
≥1.5x

Volume 0.3x avg — normal

≥15%

Vol/OI 1.9% — normal turnover

≥2 days

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

≥5%

OI change +12.6% (5d) — building

Sector Relative≥60%

Sector activity percentile 55% — neutral vs sector

≥30%

Large trade volume 0% — mostly retail

≥60%

Aggressive execution 30% — patient

≥30

Conviction +3 (bullish) — mixed

Liquidity

Can I trade efficiently?

2.5
IlliquidLiquid

Evaluates

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

Risk Checks0/8 checks passed
≤5.0%

Spread 26.6% — wide

≥10,000

OI 6,752 — thin

≥500

Volume 132/day — thin

≤$0.50

$1.33 to cross — expensive

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 88% — much wider than sector

≥100 contracts

Depth 41.3 contracts (bid:21.9 ask:19.4) — thin

<1.0%

Avg slippage 10.60% — poor

Timing

Is now a good time?

6.9
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

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

Slope +7.5% — backwardation

<30 or >70

IV percentile 88% — seller opportunity

≥10pts kink

IV kink 2.2pts — no clear event

<0.5 or >2.0

θ/ν ratio 47.22 — favors income trades

≥3 expirations

4 liquid expirations — flexible

≥60% (safe)

safe window: No events detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow +3% @ 51% consistency — unclear

≥40 composite score

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

Directional Strategy Fit

Option Buyers
Long Calls6.5
bullishIV fair, bullish flow
Long Puts4.4
bearishIV fair, bullish flow
Premium Sellers
Cash-Secured Put5.3
bullishIV fair, bullish flow
Covered Call4.2
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 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.

More on URGN

URGN gamma wallsURGN max painURGN IV rankURGN options flow