CCMLRoundhill MLCC & Electronic Components ETF
CCML Options Overview
IV is elevated with bullish flow. No clear edge detected.
REWARDS
RISK ANALYSIS
CCML Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 87.7% — elevated vs history
IV/HV 1.00x — IV ≤ HV
Sector percentile 90% — above sector median
Front/Back 1.16x — backwardation
Put/Call IV 1.16x — elevated
ATM IV 73.1% — normal range
Effective IV 203.0% (ATM 73.1% + spread 65.0% + bias) — expensive
Total drag 93.14% (spread 64.97% + slippage 28.17%) — high friction
Vega efficiency 0.79 (vega 5.122 / spread 64.97%) — spread drag
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: +100% (strong bullish) — Raw: +100%
|OI skew| 0.0% — balanced
Vol skew -66.7%, OI skew +0.0% — aligned
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +100%, ATM: +100%, OTM: +100% — strong bullish (ITM/ATM aligned)
Sector P/C percentile 96% — very bearish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 1.0x avg — normal
Vol/OI 0.0% — normal turnover
1 day(s) elevated — may be one-day event
OI change +0.0% (5d) — stable
Sector activity percentile 50% — neutral vs sector
Large trade volume 0% — mostly retail
Aggressive execution 33% — patient
Conviction +100 (bullish) — strong conviction
Liquidity
Can I trade efficiently?
Evaluates
Spread 65.0% — wide
OI 0 — thin
Volume 6/day — thin
$3.25 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 93% — much wider than sector
Depth 2.6 contracts (bid:1.3 ask:1.3) — thin
Avg slippage 28.17% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope +15.6% — backwardation
IV percentile 88% — seller opportunity
IV kink 0.0pts — no clear event
θ/ν ratio 262.65 — favors income trades
2 liquid expirations — limited
HIGH RISK: No earnings detected; FOMC in 0d (HIGH)
Spread ratio 1.00x — stable
Flow +100% @ 100% consistency — STRONG directional (bullish)
Score 30 (ITM 20% + inst 0%) — retail dominated
Directional Strategy Fit
For educational purposes only. Not investment advice.
The Options Desk tracks the move options price into every US earnings report the week of Sep 14, 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.