Options/BULL
B

BULLWebull Corporation Class A Ordinary Shares

Options Analysis Report
Market Cap $5.0B|NASDAQ
2026-09-11$9.30
BULLISH
Analysis: 2026-09-10 EOD data
1Y -31.6%YTD +13.6%7D -4.5%
33,279
30D
±17.3%
17%

BULL Options Overview

bullish flow with unusual activity. No clear edge detected.

REWARDS

RISK ANALYSIS

6.0VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Balanced conditions with no clear edge

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BULL Gamma Walls

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Value

Is IV priced right?

6.7
ExpensiveCheap

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

levels.

Risk Checks6/9 checks passed
≤35%

IV Rank 50.0% — elevated vs history

<1.05x

IV/HV 1.00x — IV ≤ HV

Sector Relative≤50%

Sector percentile 50% — below sector median

<1.1x

Front/Back 0.80x — contango

<1.25x

Put/Call IV 1.00x — normal

<80%

ATM IV 0.0% — normal range

<80%

Effective IV 17.1% (ATM 0.0% + spread 8.5% + bias) — excellent value

<3.0%

Total drag 14.38% (spread 8.54% + slippage 5.84%) — high friction

≥5.0

Vega efficiency 0.00 (vega 0.000 / spread 8.54%) — spread drag

Sentiment

Bullish or bearish?

7.2
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksVery Bullish - Strong signal (Conviction: +63%, Raw: +30%)
|net sentiment| ≥25%

Conviction-weighted: +63% (strong bullish) — Raw: +30%

≥15%

|OI skew| 67.6% — call-heavy

Same sign, |vol skew| ≥10%

Vol skew +2.9%, OI skew +67.6% — weak (same direction)

≥2/3 conditions

0-DTE 28%, far-OTM 15%, avg DTE 30

|change| ≥3%

OI change +0.0% (5d) — stable

|weighted flow| ≥20%

ITM: +80%, ATM: +34%, OTM: -8% — strong bullish (ITM/ATM aligned)

Sector Relative≤40% or ≥60%

Sector P/C percentile 65% — bearish vs sector

Activity

Unusual activity?

4.1
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks3/8 checks passed
≥1.5x

Volume 0.3x avg — normal

≥15%

Vol/OI 3.4% — normal turnover

≥2 days

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

≥5%

OI change -0.5% (5d) — stable

Sector Relative≥60%

Sector activity percentile 66% — active vs sector

≥30%

Large trade volume 44% — institutional presence

≥60%

Aggressive execution 50% — patient

≥30

Conviction +63 (bullish) — strong conviction

Liquidity

Can I trade efficiently?

5.5
IlliquidLiquid

Evaluates

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

Risk Checks5/8 checks passed
≤5.0%

Spread 8.5% — wide

≥10,000

OI 994,318 — deep

≥500

Volume 33,279/day — active

≤$0.50

$0.43 to cross — cheap

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 0% — much tighter than sector

≥100 contracts

Depth 560.8 contracts (bid:267.2 ask:293.6) — deep

<1.0%

Avg slippage 5.84% — poor

Timing

Is now a good time?

6.4
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks5/9 checks passed
|slope| ≥5%

Slope -19.8% — contango

<30 or >70

IV percentile 50% — neutral

≥10pts kink

IV kink -7.8pts — no clear event

<0.5 or >2.0

θ/ν ratio 1.00 — favors mixed

≥3 expirations

3 liquid expirations — flexible

≥60% (safe)

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

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow +63% @ 82% consistency — STRONG directional (bullish)

≥40 composite score

Score 74 (ITM 20% + inst 44%) — HIGH institutional

Directional Strategy Fit

Option Buyers
Long Calls7.1
bullishIV cheap, bullish flow
Long Puts5.1
bearishIV cheap, bullish flow
Premium Sellers
Cash-Secured Put5.6
bullishIV too cheap, bullish flow
Covered Call4.0
bearishIV too cheap, bullish 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.

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