Tarsus Pharmaceuticals, Inc. (TARS) Options Statistics & Positioning

Tarsus Pharmaceuticals, Inc. (TARS) options trade at a 30-day at-the-money implied volatility of 87.3%, an IV rank of 74 out of 100 over the past year. The options market prices a ±$7.11 (±12.1%) move in TARS for the front expiration. Max pain sits at $65 and the put/call open interest ratio is 1.40. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$58.74

52-week range

$38.83 – $83.20

ATM IV (30d)

87.3%

IV rank

74 / 100

High

Expected move

±$7.11 (±12.1%)

Put/call OI

1.40

Put-heavy

Max pain

$65

↑ 10.7% above close

Next earnings

Aug 9, 2026

Most Active TARS Contracts

Contract	Expiration	DTE	Last	IV	Volume
TARS $60 call	Aug 21, 2026	42d	$3.81	75.7%	82
TARS $70 put	Dec 17, 2027	525d	$18.80	50.5%	13
TARS $60 put	Aug 21, 2026	42d	$5.65	60.6%	11
TARS $55 put	Dec 18, 2026	161d	$5.47	51.1%	10
TARS $50 put	Mar 19, 2027	252d	$4.80	50.8%	10

See all active TARS contracts →

Explore TARS Options Statistics

TARS Implied Volatility

87.3% ATM IV (30d)

An IV rank of 74 places implied volatility near the top of its 52-week range.

Full implied volatility analysis →

TARS Open Interest

1.40 put/call OI ratio

11,593 calls and 16,195 puts outstanding across all expirations.

Full open interest analysis →

TARS Max Pain

$65 max pain

10.7% above the last close — see how max pain has moved over the past year.

Full max pain analysis →

TARS Gamma Exposure

-$149.32M net GEX

Negative dealer gamma — hedging can currently amplify price swings.

Full gamma exposure analysis →

TARS Options Volume

135 contracts traded

Put/call volume ratio 0.53 — plus contracts running far above their usual volume.

Full volume & flow analysis →

TARS Most Active Options

$60 top volume strike

The 25 most actively traded TARS contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

TARS's next expected earnings date is Aug 9, 2026. Options currently price a ±$7.11 (±12.1%) move for the front expiration.

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TARS Options FAQ

When is TARS's next earnings date?

TARS's next expected earnings date is Aug 9, 2026. Options currently price a ±$7.11 (±12.1%) move for the front expiration.

How often is TARS options data on this page updated?

All TARS statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see TARS max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated TARS pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.