ACMRACM Research, Inc. Class A Common Stock
ACMR Options Overview
IV is elevated with bullish flow and unusual activity. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
ACMR Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 90.1% — elevated vs history
IV/HV 1.18x — IV premium over HV
Sector percentile 86% — above sector median
Front/Back 0.93x — contango
Put/Call IV 1.16x — elevated
ATM IV 73.3% — normal range
Effective IV 120.5% (ATM 73.3% + spread 23.6% + bias) — expensive
Total drag 30.14% (spread 23.62% + slippage 6.52%) — high friction
Vega efficiency 2.87 (vega 6.780 / spread 23.62%) — spread drag
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: -48% (strong bearish) — Raw: -31%
|OI skew| 43.2% — call-heavy
Vol skew +96.7%, OI skew +43.2% — aligned
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +33%, ATM: -97%, OTM: +72% — bearish (ITM/ATM divergent)
Sector P/C percentile 4% — very bullish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 3.3x avg — hot
Vol/OI 44.3% — high turnover
1 day(s) elevated — may be one-day event
OI change -3.2% (5d) — unwinding
Sector activity percentile 99% — very active vs sector
Large trade volume 89% — heavy institutional
Aggressive execution 35% — patient
Conviction -48 (bearish) — moderate
Liquidity
Can I trade efficiently?
Evaluates
Spread 23.6% — wide
OI 51,846 — deep
Volume 22,962/day — active
$1.18 to cross — expensive
1 liquid strikes — limited options
Sector spread percentile 92% — much wider than sector
Depth 99.5 contracts (bid:67.8 ask:31.7) — thin
Avg slippage 6.52% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -7.2% — contango
IV percentile 90% — seller opportunity
IV kink -3.2pts — no clear event
θ/ν ratio 49.78 — favors income trades
5 liquid expirations — flexible
HIGH RISK: FOMC in 2d (HIGH)
Spread ratio 1.00x — stable
Flow -48% @ 74% consistency — STRONG directional (bearish)
Score 119 (ITM 20% + inst 89%) — HIGH institutional
Directional Strategy Fit
For educational purposes only. Not investment advice.
The Options Desk tracks the move options price into every US earnings report the week of Sep 14, next to how much each stock has actually moved on its past prints — plus the SPY, QQQ and IWM expected ranges and the gamma walls that box them in.