unusual activity. No clear edge detected.
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 50.0% — elevated vs history
IV/HV 1.00x — IV ≤ HV
Sector percentile 50% — below sector median
Front/Back 1.00x — flat
Put/Call IV 1.00x — normal
ATM IV 0.0% — normal range
Effective IV 288.9% (ATM 0.0% + spread 144.4% + bias) — expensive
Total drag 174.42% (spread 144.44% + slippage 29.98%) — high friction
Vega efficiency 0.00 (vega 0.000 / spread 144.44%) — spread drag
Bullish or bearish?
Analyzes
Conviction-weighted: -96% (strong bearish) — Raw: -96%
|OI skew| 46.1% — put-heavy
Vol skew +100.0%, OI skew -46.1% — divergent (opposite)
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: -96%, ATM: +0%, OTM: +0% — strong bearish (ITM/ATM divergent)
Sector P/C percentile 50% — neutral vs sector
Unusual activity?
Detects volume surges,
Volume 6.3x avg — hot
Vol/OI 6.7% — normal turnover
Top 3 strikes = 50% — dispersed
1 day(s) elevated — may be one-day event
OI change +12.2% (5d) — building
Sector activity percentile 72% — active vs sector
Large trade volume 0% — mostly retail
Aggressive execution 0% — patient
Conviction -96 (bearish) — strong conviction
Can I trade efficiently?
Evaluates
Spread 144.4% — wide
OI 2,181 — thin
Volume 146/day — thin
$7.22 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 0% — much tighter than sector
Depth 15.600000000000001 contracts (bid:12.3 ask:3.3) — thin
Avg slippage 29.98% — poor
Is now a good time?
Considers earnings proximity,
Slope +0.0% — flat/unclear
IV percentile 50% — neutral
IV kink 0.0pts — no clear event
θ/ν ratio 1.00 — favors mixed
3 liquid expirations — flexible
safe window: No earnings detected
Spread ratio 1.00x — stable
Flow -96% @ 99% consistency — STRONG directional (bearish)
Score 30 (ITM 20% + inst 0%) — retail dominated
For educational purposes only. Not investment advice.