CCJCameco Corporation
Options Analysis Report
Market Cap $49.0B|NYSE
● 2026-05-15$112.51
NEUTRAL
Analysis: 2026-05-14 EOD data
1Y +118.1%YTD +14.2%7D -3.6%
Options Vol
23,205
30D
Implied Move
±15.5%
IV Rank
40%
CCJ Options Overview
IV is elevated. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
Loading score history...
Value
Is IV priced right?
5.5
ExpensiveCheap
Measures whether options are cheap, fair, or rich relative to historical and peer
IV
levels.Risk Checks5/9 checks passed
IV Rank
≤35%IV Rank 70.1% — elevated vs history
IV/HV Ratio
<1.05xIV/HV 0.88x — IV ≤ HV
Sector Relative≤50%
Sector percentile 68% — above sector median
Term Structure
<1.1xFront/Back 1.03x — flat
Skew Normal
<1.25xPut/Call IV 1.16x — elevated
Absolute IV
<80%ATM IV 57.8% — normal range
Spread-Adjusted Value
<80%Effective IV 82.6% (ATM 57.8% + spread 12.4% + bias) — expensive
Execution Efficiency
<3.0%Total drag 18.06% (spread 12.41% + slippage 5.65%) — high friction
Vega Efficiency
≥5.0Vega efficiency 10.19 (vega 12.652 / spread 12.41%) — efficient
Sentiment
Bullish or bearish?
3.6
BearishBullish
Analyzes
put/call ratios
, open interest skew
, and flow direction to determine market bias.Risk ChecksNeutral - Moderate signal (Conviction: +3%, Raw: +18%)
Flow Direction
|net sentiment| ≥25%Conviction-weighted: +3% (neutral) — Raw: +18%
OI Skew Magnitude
≥15%|OI skew| 18.3% — put-heavy
Volume-OI Alignment
Same sign, |vol skew| ≥10%Vol skew -30.7%, OI skew -18.3% — aligned
Conviction Quality
≥2/3 conditions0-DTE 12%, far-OTM 15%, avg DTE 30
OI Momentum
|change| ≥3%OI change +0.0% (5d) — stable
Smart Money Flow
|weighted flow| ≥20%ITM: -23%, ATM: +10%, OTM: +21% — neutral (ITM/ATM divergent)
Sector Relative≤40% or ≥60%
Sector P/C percentile 93% — very bearish vs sector
Activity
Unusual activity?
4.7
QuietActive
Detects volume surges,
block trades
, and unusual options activity that may signal moves.Risk Checks3/9 checks passed
Volume Surge
≥1.5xVolume 1.1x avg — normal
Turnover Rate
≥15%Vol/OI 5.1% — normal turnover
Strike Concentration
≥60%Top 3 strikes = 50% — dispersed
Multi-Day Persistence
≥2 days1 day(s) elevated — may be one-day event
OI Build
≥5%OI change +6.3% (5d) — building
Sector Relative≥60%
Sector activity percentile 77% — active vs sector
Trade Quality
≥30%Large trade volume 56% — heavy institutional
Execution Urgency
≥60%Aggressive execution 24% — patient
Flow Conviction
≥30Conviction +3 (bullish) — mixed
Liquidity
Can I trade efficiently?
4.0
IlliquidLiquid
Evaluates
bid-ask spreads
, volume depth, and open interest for trade execution quality.Risk Checks3/8 checks passed
Tradeable Spread
≤5.0%Spread 12.4% — wide
Adequate OI
≥10,000OI 452,858 — deep
Active Volume
≥500Volume 23,205/day — active
Reasonable Cost
≤$0.50$0.62 to cross — expensive
Strike Coverage
≥5 strikes0 liquid strikes — limited options
Sector Relative≤40%
Sector spread percentile 81% — much wider than sector
Order Book Depth
≥100 contractsDepth 288.4 contracts (bid:162.2 ask:126.2) — adequate
Execution Quality
<1.0%Avg slippage 5.65% — poor
Timing
Is now a good time?
6.9
RiskyFavorable
Considers earnings proximity,
time decay
, and event calendar for optimal entry timing.Risk Checks6/9 checks passed
Term Structure Clarity
|slope| ≥5%Slope +2.6% — flat/unclear
IV Percentile Clarity
<30 or >70IV percentile 70% — seller opportunity
Event Detection
≥10pts kinkIV kink 3.3pts — no clear event
Theta/Vega Clarity
<0.5 or >2.0θ/ν ratio 110.50 — favors income trades
Expiration Distribution
≥3 expirations5 liquid expirations — flexible
Event Risk
≥60% (safe)safe window: No earnings detected
Spread Momentum
<1.2 ratioSpread ratio 1.00x — stable
Flow Momentum
≥25% strength + ≥50% consistencyFlow +3% @ 51% consistency — unclear
Smart Money Timing
≥40 composite scoreScore 86 (ITM 20% + inst 56%) — HIGH institutional
Directional Strategy Fit
Option Buyers
Long Calls4.8
bullishIV fair, bearish flow
Long Puts5.8
bearishIV fair, bearish flow
Premium Sellers
Cash-Secured Put4.4
bullishIV fair, bearish flow
Covered Call5.4
bearishIV fair, bearish flow
For educational purposes only. Not investment advice.