Tenon Medical Inc. (TNON) Options Positioning, Max Pain & Unusual Sweeps

$2.29 +1.33% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot)

Tenon Medical Inc. (TNON) carries a Roarable Rating of D- (Sell) with 43/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE D- • SELL / AVOID Cap $6.2M
📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
RQD QUANT TACHOMETERSELL / AVOID • D-
025507510043
3-of-3 JEV AI Jury Bearish Warning
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D- · Rk D+
Cash (6)Whales (11)SEC (8)Macro (13)CEO (5)
Each axis scored 0–20
12M PRICE TARGET CONE-6.6% Base Target
$48 Bull$2 Base$2 Bear
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WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for TNON)Realized 20D OHLCV Swing Band: ±12.5%
CALL VS. PUT WHALE SHARE
— (No Active Options Snapshot)
Put/Call Ratio: — (No Active Options Snapshot)
MAX-PAIN EXPIRATION MAGNET
— (No Active Options Snapshot)
No active options chain max-pain snapshot on file
HISTORICAL 20D VOLATILITY SWING
±12.5%
Derived from 20D OHLCV bars (No Active Options Snapshot)

Active Strike Call vs. Put Concentration Ladder (TNON)

— (No Active Options Snapshot) — No unusual CBOE strike concentration anomalies recorded in the current database snapshot for TNON.

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Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring TNON)

  • ✓Walkthrough of TNON's RQD Radar, SEC cash-conversion gap & downside invalidation levels
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TNON // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -91.44%🛡️ HOLDING TREND SUPPORT
2026-10-30O $2.27H $2.29L $2.05C $2.29VOL 169.0K
RES: $5.20SUP: $1.58SMA50: $3.67SMA200: $17.09
$38.90$28.91$18.93$8.94$-1.05RES $5.20SUP $1.58$2.292026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

TNON Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
8.0%/yr Implied 5Y Growth

vs. +20.4% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on TNON today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for TNON. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for TNON today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (TNON)

Health Care Rank #562 of 1016 ⚔️ INBS vs TNON Full Matrix →

1. Head-to-Head Health Care Peer Comparison (TNON vs. INBS, SNOA, WOK, NVNO)

Industry: Medical/Dental Instruments (120 Tracked Issuers)

Across 1016 tracked Health Care securities in the Roarable RQD universe, Tenon Medical Inc. (TNON) ranks #562 by composite RQD confidence (43/100, grade D-) and #926 by equity capitalization ($6.2M). Within this direct 5-issuer industry benchmark cohort, TNON leads on earnings valuation at N/A trailing P/E, while TNON leads on capital efficiency and profitability with -35.0% ROIC and 59.8% gross margin. WOK currently holds the highest overall quantitative score in the immediate peer group at 54/100 (D+) compared with TNON at 43/100 (D-).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
TNON ACTIVE
Tenon Medical Inc.
D- 43/100 — 59.8% -35.0% +1.33% $6.2M Benchmark Subject
INBS
Intelligent Bio Solutions Inc.
D- 38/100 — 40.8% -35.0% +9.58% $6.1M /inbs-vs-tnon →
SNOA
Sonoma Pharmaceuticals Inc.
D 44/100 — 38.0% -35.0% +5.26% $5.7M /snoa-vs-tnon →
WOK
WORK Medical Technology Group LTD (Class A)
D+ 54/100 — — — -4.35% $4.9M /wok-vs-tnon →
NVNO
enVVeno Medical Corporation
D 50/100 — — -35.0% +4.08% $4.9M /nvno-vs-tnon →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001560293

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Tenon Medical Inc. (TNON) reported GAAP revenue of $3.9M (+20.4% vs. FY2024 revenue of $3.3M , and +34.7% cumulative change since FY2023) , GAAP net income of -$12.6M, operating cash flow of -$10.7M, and free cash flow of -$11.0M (-9.5% YoY). On the balance sheet, TNON closed FY2025 with $10.8M in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 5/9).

Fiscal Period Filing Date Revenue Net Income Operating Cash Flow Free Cash Flow Total Assets Total Debt
FY2025 (FY) 2025-12-31 $3.9M -$12.6M -$10.7M -$11.0M $10.8M —
FY2024 (FY) 2024-12-31 $3.3M -$13.7M -$9.9M -$10.1M $9.8M —
FY2023 (FY) 2023-12-31 $2.9M -$15.6M -$12.2M -$12.2M — —

3. TNON Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is TNON stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-01, Tenon Medical Inc. (NASDAQ: TNON) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 43/100 at a spot price of $2.29 (+1.33% 1D, market cap $6.2M). Pillar breakdown: Fundamental Cash Engine 6/20, Institutional 13F & Options Flow 11/20, Executive Insider Alignment 8/20, FRED Macro Regime Fit 13/20, and SEC Balance-Sheet Forensics 5/20. Across 1016 tracked Health Care issuers, TNON ranks #562 in composite RQD confidence.

How does TNON compare to INBS and SNOA in the Health Care sector?

Within the Health Care sector (Medical/Dental Instruments), TNON carries a Roarable D- (43/100 RQD), trailing P/E of N/A, gross margin of 59.8%, and ROIC of -35.0%. By comparison, INBS (Intelligent Bio Solutions Inc.) holds a D- grade (38/100 RQD, P/E N/A, ROIC -35.0%, cap $6.1M) and SNOA (Sonoma Pharmaceuticals Inc.) posts a D grade (44/100 RQD, P/E N/A, ROIC -35.0%, cap $5.7M). Among the 5-stock peer group, TNON leads on earnings multiple (N/A) while TNON leads on capital efficiency (-35.0% ROIC).

What are the biggest fundamental strengths and SEC risk factors for TNON?

Per TNON's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001560293), Tenon Medical Inc. generated $3.9M in revenue (+20.4% YoY), -$12.6M in net income, and -$11.0M in free cash flow against $10.8M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Health Care with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is TNON trading relative to its 50-day, 200-day, and 52-week technical levels?

TNON last traded at $2.29 (+1.33% on volume of 126,226 shares), positioning the stock -37.60% below its 50-day simple moving average ($3.67) and -86.60% below its 200-day simple moving average ($17.09). Across its 52-week range of $2.05 to $45.50, TNON sits at the 0.6% percentile with a 14-day RSI of 33.5 (NEUTRAL RANGE) and an implied next-earnings move of ±12.5% ($2.00 to $2.58).

TNON Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

What is TNON's options positioning and volatility profile?

Roarable tracks verified CBOE unusual options sweeps, put/call ratios, and OHLCV realized volatility bands for TNON.

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