AInvestOption Pilot Program
Options/BMAX
B

BMAX

Options Analysis Report
Market Cap: --
● 2026-04-14$23.97
VERY BEARISH
Analysis: 2026-04-13 EOD data
1Y -14.8%YTD +3.2%7D +0.0%
10
30D
±18.8%
48%

BMAX Options Overview

IV is elevated with bearish flow. Conditions favor premium sellers.

REWARDS

RISK ANALYSIS

3.9VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Favorable conditions for premium sellers

Learn
Loading score history...

BMAX Gamma Walls

Loading gamma walls...

Value

Is IV priced right?

2.1
ExpensiveCheap

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

levels.

Risk Checks2/9 checks passed
≤35%

IV Rank 91.1% — elevated vs history

<1.05x

IV/HV 4.09x — IV premium over HV

Sector Relative≤50%

Sector percentile 94% — above sector median

<1.1x

Front/Back 3.85x — backwardation

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 88.2% — crisis-level IV

<80%

Effective IV 92.7% (ATM 88.2% + spread 2.3% + bias) — expensive

<3.0%

Total drag 2.26% (spread 2.26% + slippage 0.00%) — acceptable

≥5.0

Vega efficiency 0.00 (vega 0.000 / spread 2.26%) — spread drag

Sentiment

Bullish or bearish?

3.4
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksBalanced - Moderate signal (P/C: 1.00)
<0.65 or >1.55

P/C 1.00 — balanced (buy/sell unknown)

≥15%

|OI skew| 93.9% — put-heavy

Same sign, |vol skew| ≥10%

Vol skew -100.0%, OI skew -93.9% — aligned

≥2/3 conditions

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

|change| ≥3%

OI change +0.0% (5d) — stable

|weighted flow| ≥20%

ITM: +0%, ATM: +0%, OTM: +0% — neutral (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 31% — bullish vs sector

Activity

Unusual activity?

2.5
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks1/9 checks passed
≥1.5x

Volume 0.0x avg — normal

≥15%

Vol/OI 1.8% — normal turnover

≥60%

Top 3 strikes = 50% — dispersed

≥2 days

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

≥5%

OI change +381.0% (5d) — building

Sector Relative≥60%

Sector activity percentile 35% — below sector avg

≥30%

Large trade volume 0% — mostly retail

≥60%

Aggressive execution 0% — patient

≥30

Conviction +0 (neutral) — mixed

Liquidity

Can I trade efficiently?

4.5
IlliquidLiquid

Evaluates

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

Risk Checks3/8 checks passed
≤5.0%

Spread 2.3% — acceptable

≥10,000

OI 558 — thin

≥500

Volume 10/day — thin

≤$0.50

$0.11 to cross — cheap

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 95% — much wider than sector

≥100 contracts

Depth 0 contracts (bid:0 ask:0) — thin

<1.0%

Avg slippage 0.00% — excellent

Timing

Is now a good time?

7.0
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks6/9 checks passed
|slope| ≥5%

Slope +284.6% — backwardation

<30 or >70

IV percentile 91% — seller opportunity

≥10pts kink

IV kink 119.5pts — event priced

<0.5 or >2.0

θ/ν ratio 1.00 — favors mixed

≥3 expirations

3 liquid expirations — flexible

≥60% (safe)

safe window: No earnings detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow +0% @ 50% consistency — unclear

≥40 composite score

Score 30 (ITM 20% + inst 0%) — retail dominated

Directional Strategy Fit

Option Buyers
Long Calls3.7
bullishIV expensive, bearish flow
Long Puts4.8
bearishIV expensive, bearish flow
Premium Sellers
Cash-Secured Put5.5
bullishIV rich premium, bearish flow
Covered Call6.9
bearishIV rich premium, bearish flow

For educational purposes only. Not investment advice.

The Options Desk tracks the move options price into every US earnings report the week of Aug 31, 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 BMAX

BMAX gamma wallsBMAX max painBMAX IV rankBMAX options flow