IBRX Trading Analysis - 10/05/2026 10:37 AM — TRU-SENTIMENT

TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)

True Sentiment Analysis — Delta 40–60 Options:

Options sentiment is Bullish. The analysis applies a Delta 40–60 filter to identify directional-conviction options activity.

Call dollar volume was $301,240, while put dollar volume was $37,250. Total analyzed dollar volume was $338,490. Calls represented 89.00% of directional dollar volume, compared with 11.00% for puts.

Call activity also substantially exceeded put activity in contracts: 2,555 call contracts versus 93 put contracts. The call/put contract ratio was approximately 27.47:1. There were 26 call trades compared with 6 put trades.

This positioning indicates strong near-term bullish expectations and directional conviction. However, the sample includes only 32 true-sentiment options after filtering, representing 4.9% of the total options analyzed. The bullish signal is therefore meaningful in the supplied dataset but should be interpreted cautiously because the filtered sample is limited.

There is a mild divergence between options positioning and price action: options flow is strongly bullish, but the stock is already near the 30-day high and above the upper Bollinger Band. This can support continuation if price clears $10.55 decisively, but it can also indicate that bullish expectations are becoming crowded.