Options/APH

APHAmphenol Corporation

Options Analysis Report•ELECTRONIC CONNECTORS

Market Cap $197.9B|NYSE

● 2026-09-11$80.25

NEUTRAL

Analysis: 2026-09-10 EOD data

1Y +34.3%YTD +14.9%7D -3.1%

Options Vol

29,591

30D

Implied Move

±8.6%

IV Rank

27%

APH Options Overview

IV is elevated with bearish flow and unusual activity. No clear edge detected.

REWARDS

RISK ANALYSIS

Snowflake Analysis

Balanced conditions with no clear edge

Learn

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APH Gamma Walls

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APH Hedge Radar

No action needed

Full Hedge Radar

Fragility reads low; protection is priced cheap. Neither axis is a forecast — this is where APH sits on protection cost vs. fragility today.

Protection is priced in the cheap band (3.06) — near-dated vol is priced 13% below far-dated, and downside puts carry 0.3 IV points more than at-the-money, measured against this name's own rolling 25-trading-day realized moves (479 overlapping windows). Fragility reads resilient (3.94): it is trading 7% above its hedge wall on a wall graded MEDIUM for reliability, and its realized-vol regime is stable.

Protection cost

3.06/ 10cheap

Basis: cross_sectional

Fragility

3.94/ 10resilient

Basis: per_ticker

Value

Is IV priced right?

6.5

ExpensiveCheap

Measures whether options are cheap, fair, or rich relative to historical and peer

levels.

Risk Checks6/9 checks passed

IV Rank

≤35%

IV Rank 81.6% — elevated vs history

IV/HV Ratio

<1.05x

IV/HV 1.20x — IV premium over HV

Sector Relative≤50%

Sector percentile 44% — below sector median

Term Structure

<1.1x

Front/Back 0.87x — contango

Skew Normal

<1.25x

Put/Call IV 1.16x — elevated

Absolute IV

<80%

ATM IV 45.2% — normal range

Spread-Adjusted Value

<80%

Effective IV 61.4% (ATM 45.2% + spread 8.1% + bias) — good value

Execution Efficiency

<3.0%

Total drag 12.14% (spread 8.08% + slippage 4.06%) — high friction

Vega Efficiency

≥5.0

Vega efficiency 20.33 (vega 16.423 / spread 8.08%) — efficient

Sentiment

Bullish or bearish?

5.3

BearishBullish

Analyzes

put/call ratios

open interest skew

, and flow direction to determine market bias.

Risk ChecksVery Bullish - Weak signal (Conviction: +33%, Raw: +36%)

Flow Direction

|net sentiment| ≥25%

Conviction-weighted: +33% (strong bullish) — Raw: +36%

OI Skew Magnitude

≥15%

|OI skew| 4.5% — balanced

Volume-OI Alignment

Same sign, |vol skew| ≥10%

Vol skew -51.9%, OI skew +4.5% — divergent (opposite)

Conviction Quality

≥2/3 conditions

0-DTE 0%, far-OTM 15%, avg DTE 30

OI Momentum

|change| ≥3%

OI change +0.0% (5d) — stable

Smart Money Flow

|weighted flow| ≥20%

ITM: +32%, ATM: -34%, OTM: +38% — neutral (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 94% — very bearish vs sector

Activity

Unusual activity?

7.0

QuietActive

Detects volume surges,

block trades

, and unusual options activity that may signal moves.

Risk Checks5/8 checks passed

Volume Surge

≥1.5x

Volume 3.8x avg — hot

Turnover Rate

≥15%

Vol/OI 10.8% — normal turnover

Multi-Day Persistence

≥2 days

1 day(s) elevated — may be one-day event

OI Build

≥5%

OI change +104.7% (5d) — building

Sector Relative≥60%

Sector activity percentile 80% — very active vs sector

Trade Quality

≥30%

Large trade volume 81% — heavy institutional

Execution Urgency

≥60%

Aggressive execution 36% — patient

Flow Conviction

≥30

Conviction +33 (bullish) — moderate

Liquidity

Can I trade efficiently?

5.0

IlliquidLiquid

Evaluates

bid-ask spreads

, volume depth, and open interest for trade execution quality.

Risk Checks4/8 checks passed

Tradeable Spread

≤5.0%

Spread 8.1% — wide

Adequate OI

≥10,000

OI 273,695 — deep

Active Volume

≥500

Volume 29,591/day — active

Reasonable Cost

≤$0.50

$0.40 to cross — cheap

Strike Coverage

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 45% — neutral vs sector

Order Book Depth

≥100 contracts

Depth 124.4 contracts (bid:63.7 ask:60.7) — adequate

Execution Quality

<1.0%

Avg slippage 4.06% — poor

Timing

Is now a good time?

7.5

RiskyFavorable

Considers earnings proximity,

time decay

, and event calendar for optimal entry timing.

Risk Checks7/9 checks passed

Term Structure Clarity

|slope| ≥5%

Slope -13.0% — contango

IV Percentile Clarity

<30 or >70

IV percentile 82% — seller opportunity

Event Detection

≥10pts kink

IV kink -6.2pts — no clear event

Theta/Vega Clarity

<0.5 or >2.0

θ/ν ratio 386.42 — favors income trades

Expiration Distribution

≥3 expirations

4 liquid expirations — flexible

Event Risk

≥60% (safe)

caution advised: FOMC in 5d; CPI in 0d (HIGH)

Spread Momentum

<1.2 ratio

Spread ratio 1.00x — stable

Flow Momentum

≥25% strength + ≥50% consistency

Flow +33% @ 67% consistency — moderate (bullish)

Smart Money Timing

≥40 composite score

Score 111 (ITM 20% + inst 81%) — HIGH institutional

Directional Strategy Fit

Option Buyers

Long Calls6.0

bullishIV cheap, mixed flow

Long Puts5.8

bearishIV cheap, mixed flow

Premium Sellers

Cash-Secured Put5.0

bullishIV too cheap, mixed flow

Covered Call4.8

bearishIV too cheap, mixed flow

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.

More on APH

APH gamma walls APH option chain APH max pain APH expected move APH IV rank APH put/call ratio APH options flow