AKAMAkamai Technologies Inc
AKAM Options Overview
IV is elevated with bearish flow. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
AKAM Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 93.7% — elevated vs history
IV/HV 1.30x — IV premium over HV
Sector percentile 76% — above sector median
Front/Back 0.90x — contango
Put/Call IV 1.16x — elevated
ATM IV 55.8% — normal range
Effective IV 80.0% (ATM 55.8% + spread 12.1% + bias) — expensive
Total drag 15.85% (spread 12.10% + slippage 3.75%) — high friction
Vega efficiency 11.83 (vega 14.308 / spread 12.10%) — efficient
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: -18% (bearish) — Raw: -8%
|OI skew| 26.7% — call-heavy
Vol skew -46.3%, OI skew +26.7% — divergent (opposite)
0-DTE 18%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: -90%, ATM: +16%, OTM: -2% — strong bearish (ITM/ATM divergent)
Sector P/C percentile 93% — very bearish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 1.3x avg — normal
Vol/OI 4.8% — normal turnover
1 day(s) elevated — may be one-day event
OI change +10.1% (5d) — building
Sector activity percentile 47% — neutral vs sector
Large trade volume 15% — mixed
Aggressive execution 15% — patient
Conviction -18 (bearish) — mixed
Liquidity
Can I trade efficiently?
Evaluates
Spread 12.1% — wide
OI 230,783 — deep
Volume 11,166/day — active
$0.60 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 77% — wider than sector
Depth 126.2 contracts (bid:63.1 ask:63.1) — adequate
Avg slippage 3.75% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -10.1% — contango
IV percentile 94% — seller opportunity
IV kink -6.0pts — no clear event
θ/ν ratio 142.66 — favors income trades
5 liquid expirations — flexible
caution advised: FOMC in 5d; CPI in 0d (HIGH)
Spread ratio 1.00x — stable
Flow -18% @ 59% consistency — unclear
Score 45 (ITM 20% + inst 15%) — moderate 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 7, 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.