USANA Health Sciences - USNA


USANA, is a Utah-based multilevel marketing company that produces various nutritional products, dietary supplements and skincare products. The company’s stock is significantly down this year and trading near its 52-week low. The below chart from the
Raltin’s Option analytics indicates that the implied volatility (IV) for the 30 Day At The Money (ATM) call is 54% almost near its 52 week high of 56%. The ATM straddle premium of 12.25% is also close to yearly high of 13.85%. The put call ratio (based on open interest) is 2.