Options/ARKK

ARKKARK Innovation ETF

Options Analysis Report

AUM $5.6B|BATS

● 2026-09-11$83.58

NEUTRAL

Analysis: 2026-09-10 EOD data

1Y +6.4%YTD +6.7%7D -3.1%

Options Vol

70,253

30D

Implied Move

±10.4%

IV Rank

ARKK Options Overview

Mixed signals. Conditions favor premium sellers.

REWARDS

RISK ANALYSIS

Snowflake Analysis

Balanced conditions with no clear edge

Learn

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ARKK Gamma Walls

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ARKK Hedge Radar

Neutral

Full Hedge Radar

Neither score is at an extreme today. Neither axis is a forecast — this is where ARKK sits on protection cost vs. fragility today.

Protection is priced in the cheap band (2.31) — implied vol sits in the 7th percentile of its own past year, and downside puts carry 1.6 IV points more than at-the-money, measured against this name's own rolling 20-trading-day realized moves (484 overlapping windows). Fragility reads neutral (5.28): it is trading 2% below its hedge wall on a wall graded MEDIUM for reliability, and its realized-vol regime is stable.

Protection cost

2.31/ 10cheap

Basis: cross_sectional

Fragility

5.28/ 10neutral

Basis: per_ticker

Value

Is IV priced right?

6.4

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 57.4% — elevated vs history

IV/HV Ratio

<1.05x

IV/HV 0.97x — IV ≤ HV

Sector Relative≤50%

Sector percentile 74% — above sector median

Term Structure

<1.1x

Front/Back 0.97x — contango

Skew Normal

<1.25x

Put/Call IV 1.16x — elevated

Absolute IV

<80%

ATM IV 38.9% — normal range

Spread-Adjusted Value

<80%

Effective IV 62.9% (ATM 38.9% + spread 12.0% + bias) — good value

Execution Efficiency

<3.0%

Total drag 16.24% (spread 11.98% + slippage 4.26%) — high friction

Vega Efficiency

≥5.0

Vega efficiency 5.44 (vega 6.520 / spread 11.98%) — acceptable

Sentiment

Bullish or bearish?

4.8

BearishBullish

Analyzes

put/call ratios

open interest skew

, and flow direction to determine market bias.

Risk ChecksBullish - Strong signal (Conviction: +25%, Raw: +10%)

Flow Direction

|net sentiment| ≥25%

Conviction-weighted: +25% (bullish) — Raw: +10%

OI Skew Magnitude

≥15%

|OI skew| 23.4% — put-heavy

Volume-OI Alignment

Same sign, |vol skew| ≥10%

Vol skew -12.1%, OI skew -23.4% — aligned

Conviction Quality

≥2/3 conditions

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

OI Momentum

|change| ≥3%

OI change +0.0% (5d) — stable

Smart Money Flow

|weighted flow| ≥20%

ITM: -16%, ATM: +37%, OTM: +1% — neutral (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 88% — very bearish vs sector

Activity

Unusual activity?

6.0

QuietActive

Detects volume surges,

block trades

, and unusual options activity that may signal moves.

Risk Checks3/8 checks passed

Volume Surge

≥1.5x

Volume 1.6x avg — elevated

Turnover Rate

≥15%

Vol/OI 10.1% — normal turnover

Multi-Day Persistence

≥2 days

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

OI Build

≥5%

OI change +4.3% (5d) — building

Sector Relative≥60%

Sector activity percentile 83% — very active vs sector

Trade Quality

≥30%

Large trade volume 61% — heavy institutional

Execution Urgency

≥60%

Aggressive execution 30% — patient

Flow Conviction

≥30

Conviction +25 (bullish) — mixed

Liquidity

Can I trade efficiently?

4.3

IlliquidLiquid

Evaluates

bid-ask spreads

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

Risk Checks3/8 checks passed

Tradeable Spread

≤5.0%

Spread 12.0% — wide

Adequate OI

≥10,000

OI 696,193 — deep

Active Volume

≥500

Volume 70,253/day — active

Reasonable Cost

≤$0.50

$0.60 to cross — expensive

Strike Coverage

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 80% — much wider than sector

Order Book Depth

≥100 contracts

Depth 773.3 contracts (bid:405.4 ask:367.9) — deep

Execution Quality

<1.0%

Avg slippage 4.26% — poor

Timing

Is now a good time?

6.8

RiskyFavorable

Considers earnings proximity,

time decay

, and event calendar for optimal entry timing.

Risk Checks5/9 checks passed

Term Structure Clarity

|slope| ≥5%

Slope -2.9% — flat/unclear

IV Percentile Clarity

<30 or >70

IV percentile 57% — neutral

Event Detection

≥10pts kink

IV kink -0.2pts — no clear event

Theta/Vega Clarity

<0.5 or >2.0

θ/ν ratio 73.17 — favors income trades

Expiration Distribution

≥3 expirations

5 liquid expirations — flexible

Event Risk

≥60% (safe)

caution advised: No earnings detected; FOMC in 5d; CPI in 0d (HIGH)

Spread Momentum

<1.2 ratio

Spread ratio 1.00x — stable

Flow Momentum

≥25% strength + ≥50% consistency

Flow +25% @ 62% consistency — moderate (bullish)

Smart Money Timing

≥40 composite score

Score 91 (ITM 20% + inst 61%) — HIGH institutional

Directional Strategy Fit

Option Buyers

Long Calls5.6

bullishIV cheap, mixed flow

Long Puts5.7

bearishIV cheap, mixed flow

Premium Sellers

Cash-Secured Put4.7

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 ARKK

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