Terns Pharmaceuticals, Inc. Common Stock(TERN)

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership.

TERN iron condor setups TERN expected move TERN IV rank history

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

Snapshot
$52.97
52-Week Range
$3.50 – $53.19
YTD
+32.06%
IV Rank (30D)
94.43
Straddle Price
$0.00
P/C Vol Ratio
2.22
Market Cap
$6.1B
Info
Industry (SIC)
PHARMACEUTICAL PREPARATIONS (2834)
Exchange
XNAS
Market Cap
$6.1B

Terns Pharmaceuticals Inc is a clinical-stage biopharmaceutical company. The company is developing a portfolio of small-molecule single-agent and combination therapy candidates for the treatment of chronic disease. The company's oncology asset is TERN-701, a novel, oral allosteric BCR-ABL1 inhibitor for CML currently in Phase 1/2 development. The company's legacy metabolic programs include TERN-501, a clinical-stage thyroid hormone receptor-Beta for MASH and/or obesity, and TERN-801, a glucose-dependent insulinotropic polypeptide receptor antagonist development candidate for obesity. The compa…

Price History
Seasonality
MonthAvg ReturnYears of Data
Jan -14.87% 5
Feb +5.31% 6
Mar -4.51% 6
Apr -8.68% 6
May +3.56% 6
Jun +4.29% 5
Jul -2.07% 5
Aug +39.05% 5
Sep +5.95% 5
Oct -1.68% 5
Nov +0.24% 5
Dec +11.77% 5
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators
SMA 20: $52.78
SMA 50: $49.21
SMA 200: $27.75
Current: $52.95
EMA 12: $52.82
EMA 26: $51.86
MACD: 0.9616 | Signal: -0.3121
BULLISH
ADX (14): 49.31
STRONG TREND
+DI: 29.45
−DI: 8.99
Momentum Oscillators
RSI (14): 73.93
OVERBOUGHT
Stoch %K: 90.09
Stoch %D: 89.28
Williams %R: -8.11
Volume & Volatility
BB Upper: $53.05
BB Lower: $52.51
NEUTRAL
OBV: 187,205,935
Vol SMA 20: 6,318,501
Vol ROC: 52.84%
ATR: $0.43
True Range: $0.05
HV 20: 2.0%
HV 30: 17.6%
HV 60: 31.1%
Data Summary
Data Points: 500
Last Updated: 2026-06-08T21:15:10.886000
Date Range: 2024-05-06T00:00:00 – 2026-05-04T00:00:00
AI Analysis

Choose Frenzy-Fast™ for quick analysis or Frenzy-Pro™ for comprehensive analysis.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
Options Activity
IV Rank (30D)
94.43
IV Rank (7D)
94.43
Avg IV
500.2%
Straddle (30D)
$0.00
Straddle (7D)
$0.00
P/C Volume
2.22
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR25 and BF25 from the live options chain. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Volatility Surface

Enter a ticker to render the implied volatility surface.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
0.40
Correlation (SPY)
4.6%
R²
0.00
Ann. Volatility
105.0%
SPY Volatility
12.1%

Low volatility - stock moves less than market

Beta & Alpha Over Time
Institutional Ownership (13F)
Latest filings — 2026-03-31
Diluted shares outstanding: 91,979,271 (as of 2025-12-31)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

310 filers123,714,000 shares$6.00B value134.50% of float
# Filer Shares Value % of Total % of Float Period
1 BlackRock, Inc. Custodian 9,569,585 $504.51M 8.41% 10.40% 2026-03-31
2 MORGAN STANLEY Custodian 7,945,608 $321.00M 5.35% 8.64% 2025-12-31
3 Avoro Capital Advisors LLC 5,695,000 $300.24M 5.00% 6.19% 2026-03-31
4 VANGUARD GROUP INC Custodian 5,523,948 $223.17M 3.72% 6.01% 2025-12-31
5 Holocene Advisors, LP 4,115,828 $216.99M 3.62% 4.47% 2026-03-31
6 CITADEL ADVISORS LLC Custodian 3,218,810 $169.70M 2.83% 3.50% 2026-03-31
7 MILLENNIUM MANAGEMENT LLC Custodian 3,011,558 $158.77M 2.65% 3.27% 2026-03-31
8 JPMORGAN CHASE & CO Custodian 2,869,728 $151.75M 2.53% 3.12% 2026-03-31
9 BALYASNY ASSET MANAGEMENT L.P. 2,779,445 $146.53M 2.44% 3.02% 2026-03-31
10 FRANKLIN RESOURCES INC Custodian 2,409,019 $127.00M 2.12% 2.62% 2026-03-31
11 GEODE CAPITAL MANAGEMENT, LLC Custodian 2,316,544 $122.15M 2.04% 2.52% 2026-03-31
12 Paradigm Biocapital Advisors LP 2,216,499 $116.85M 1.95% 2.41% 2026-03-31
13 Nearwater Capital Markets, Ltd 2,150,400 $113.37M 1.89% 2.34% 2026-03-31
14 STATE STREET CORP 2,139,662 $112.80M 1.88% 2.33% 2026-03-31
15 ADAGE CAPITAL PARTNERS GP, L.L.C. 2,124,817 $112.02M 1.87% 2.31% 2026-03-31
16 CAPITOLIS LIQUID GLOBAL MARKETS LLC 1,975,800 $104.16M 1.74% 2.15% 2026-03-31
17 ACORN CAPITAL ADVISORS, LLC 1,746,264 $92.06M 1.53% 1.90% 2026-03-31
18 Pictet Asset Management Holding SA 1,655,575 $87.29M 1.45% 1.80% 2026-03-31
19 Logos Global Management LP 1,500,000 $79.08M 1.32% 1.63% 2026-03-31
20 JANUS HENDERSON GROUP PLC 1,470,057 $77.51M 1.29% 1.60% 2026-03-31
21 Ikarian Capital, LLC 1,456,378 $76.78M 1.28% 1.58% 2026-03-31
22 Capital International Investors 1,424,504 $75.10M 1.25% 1.55% 2026-03-31
23 Vivo Capital, LLC 1,334,418 $70.35M 1.17% 1.45% 2026-03-31
24 DIMENSIONAL FUND ADVISORS LP Custodian 1,247,845 $65.79M 1.10% 1.36% 2026-03-31
25 UBS Group AG Custodian 1,228,726 $64.78M 1.08% 1.34% 2026-03-31
31 filers$423.60M notional
# Filer Notional Value % of Total Period
1 Caption Management, LLC $59.47M 14.04% 2026-03-31
2 BALYASNY ASSET MANAGEMENT L.P. $58.41M 13.79% 2026-03-31
3 SUSQUEHANNA INTERNATIONAL GROUP, LLP Custodian $53.58M 12.65% 2026-03-31
4 GROUP ONE TRADING LLC Custodian $31.76M 7.50% 2026-03-31
5 LMR Partners LLP $27.01M 6.38% 2026-03-31
6 Logos Global Management LP $26.36M 6.22% 2026-03-31
7 TUDOR INVESTMENT CORP ET AL $23.37M 5.52% 2026-03-31
8 MILLENNIUM MANAGEMENT LLC Custodian $20.13M 4.75% 2026-03-31
9 Sand Grove Capital Management LLP $16.66M 3.93% 2026-03-31
10 JANE STREET GROUP, LLC Custodian $15.29M 3.61% 2026-03-31
11 Fort Baker Capital Management LP $14.48M 3.42% 2026-03-31
12 Hudson Bay Capital Management LP $13.56M 3.20% 2026-03-31
13 ADAR1 Capital Management, LLC $10.54M 2.49% 2026-03-31
14 CITADEL ADVISORS LLC Custodian $10.53M 2.49% 2026-03-31
15 SIMPLEX TRADING, LLC Custodian $6.42M 1.51% 2026-03-31
16 Centiva Capital, LP $5.31M 1.25% 2026-03-31
17 GOLDMAN SACHS GROUP INC Custodian $5.27M 1.24% 2026-03-31
18 Stonepine Capital Management, LLC $5.27M 1.24% 2026-03-31
19 FMR LLC Custodian $4.22M 1.00% 2026-03-31
20 Atika Capital Management LLC $3.80M 0.90% 2026-03-31
21 PEAK6 LLC $2.69M 0.63% 2026-03-31
22 MOORE CAPITAL MANAGEMENT, LP $2.64M 0.62% 2026-03-31
23 Schonfeld Strategic Advisors LLC $2.64M 0.62% 2026-03-31
24 Walleye Trading LLC $1.42M 0.34% 2026-03-31
25 Cannon Global Investment Management, LLC $1.32M 0.31% 2026-03-31
15 filers$256.96M notional
# Filer Notional Value % of Total Period
1 Ikarian Capital, LLC $63.26M 24.62% 2026-03-31
2 Verition Fund Management LLC $39.54M 15.39% 2026-03-31
3 SUSQUEHANNA INTERNATIONAL GROUP, LLP Custodian $31.49M 12.25% 2026-03-31
4 WHITEBOX ADVISORS LLC $26.36M 10.26% 2026-03-31
5 BOOTHBAY FUND MANAGEMENT, LLC $18.45M 7.18% 2026-03-31
6 CITADEL ADVISORS LLC Custodian $17.33M 6.74% 2026-03-31
7 LMR Partners LLP $15.82M 6.16% 2026-03-31
8 WATER ISLAND CAPITAL LLC $9.94M 3.87% 2026-03-31
9 JANE STREET GROUP, LLC Custodian $7.16M 2.79% 2026-03-31
10 EQUITEC PROPRIETARY MARKETS, LLC $6.42M 2.50% 2026-03-31
11 Centiva Capital, LP $5.91M 2.30% 2026-03-31
12 Caption Management, LLC $5.27M 2.05% 2026-03-31
13 TUDOR INVESTMENT CORP ET AL $5.21M 2.03% 2026-03-31
14 GROUP ONE TRADING LLC Custodian $3.38M 1.32% 2026-03-31
15 SIMPLEX TRADING, LLC Custodian $1.42M 0.55% 2026-03-31
ETF Holders
# ETF Provider Weight $ Exposure ETF AUM As Of
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

P/B Ratio6.1
EV/EBITDA-50.8
TTM Net Income$-0.1B
TTM EPS$-1.03
ROE-9.6%