Options/CFLT

CFLT

Options Analysis Report

Market Cap: --

● 2026-03-17$30.99

VERY BULLISH

Analysis: 2026-03-16 EOD data

1Y +61.6%YTD +2.9%7D +0.0%

Options Vol

1,855

30D

Implied Move

±0.4%

IV Rank

CFLT Options Overview

IV is low with bullish flow. Conditions favor option buyers.

REWARDS

RISK ANALYSIS

Snowflake Analysis

Favorable conditions for option buyers

Learn

Loading score history...

CFLT Gamma Walls

Loading gamma walls...

Value

Is IV priced right?

8.9

ExpensiveCheap

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

levels.

Risk Checks7/9 checks passed

IV Rank

≤35%

IV Rank 0.1% — cheap vs history

IV/HV Ratio

<1.05x

IV/HV 0.39x — IV ≤ HV

Sector Relative≤50%

Sector percentile 0% — below sector median

Term Structure

<1.1x

Front/Back 0.79x — contango

Skew Normal

<1.25x

Put/Call IV 1.16x — elevated

Absolute IV

<80%

ATM IV 1.7% — normal range

Spread-Adjusted Value

<80%

Effective IV 36.7% (ATM 1.7% + spread 17.5% + bias) — excellent value

Execution Efficiency

<3.0%

Total drag 34.88% (spread 17.49% + slippage 17.39%) — high friction

Vega Efficiency

≥5.0

Vega efficiency 0.74 (vega 1.292 / spread 17.49%) — spread drag

Sentiment

Bullish or bearish?

9.7

BearishBullish

Analyzes

put/call ratios

open interest skew

, and flow direction to determine market bias.

Risk ChecksVery Bullish - Strong signal (Conviction: +91%, Raw: +92%)

Flow Direction

|net sentiment| ≥25%

Conviction-weighted: +91% (strong bullish) — Raw: +92%

OI Skew Magnitude

≥15%

|OI skew| 24.7% — call-heavy

Volume-OI Alignment

Same sign, |vol skew| ≥10%

Vol skew +83.9%, OI skew +24.7% — aligned

Conviction Quality

≥2/3 conditions

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

OI Momentum

|change| ≥3%

OI change +0.0% (5d) — stable

Smart Money Flow

|weighted flow| ≥20%

ITM: +92%, ATM: +93%, OTM: +87% — strong bullish (ITM/ATM aligned)

Sector Relative≤40% or ≥60%

Sector P/C percentile 11% — very bullish vs sector

Activity

Unusual activity?

5.7

QuietActive

Detects volume surges,

block trades

, and unusual options activity that may signal moves.

Risk Checks4/9 checks passed

Volume Surge

≥1.5x

Volume 3.1x avg — hot

Turnover Rate

≥15%

Vol/OI 1.6% — normal turnover

Strike Concentration

≥60%

Top 3 strikes = 50% — dispersed

Multi-Day Persistence

≥2 days

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

OI Build

≥5%

OI change +0.9% (5d) — stable

Sector Relative≥60%

Sector activity percentile 42% — neutral vs sector

Trade Quality

≥30%

Large trade volume 35% — institutional presence

Execution Urgency

≥60%

Aggressive execution 67% — urgent

Flow Conviction

≥30

Conviction +91 (bullish) — strong conviction

Liquidity

Can I trade efficiently?

3.5

IlliquidLiquid

Evaluates

bid-ask spreads

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

Risk Checks3/8 checks passed

Tradeable Spread

≤5.0%

Spread 17.5% — wide

Adequate OI

≥10,000

OI 115,020 — deep

Active Volume

≥500

Volume 1,855/day — adequate

Reasonable Cost

≤$0.50

$0.87 to cross — expensive

Strike Coverage

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 45% — neutral vs sector

Order Book Depth

≥100 contracts

Depth 224.3 contracts (bid:183.0 ask:41.3) — adequate

Execution Quality

<1.0%

Avg slippage 17.39% — poor

Timing

Is now a good time?

7.3

RiskyFavorable

Considers earnings proximity,

time decay

, and event calendar for optimal entry timing.

Risk Checks7/9 checks passed

Term Structure Clarity

|slope| ≥5%

Slope -21.1% — contango

IV Percentile Clarity

<30 or >70

IV percentile 0% — buyer opportunity

Event Detection

≥10pts kink

IV kink -0.2pts — no clear event

Theta/Vega Clarity

<0.5 or >2.0

θ/ν ratio 340.00 — favors income trades

Expiration Distribution

≥3 expirations

3 liquid expirations — flexible

Event Risk

≥60% (safe)

HIGH RISK: No earnings detected; FOMC in 1d (HIGH)

Spread Momentum

<1.2 ratio

Spread ratio 1.00x — stable

Flow Momentum

≥25% strength + ≥50% consistency

Flow +91% @ 96% consistency — STRONG directional (bullish)

Smart Money Timing

≥40 composite score

Score 65 (ITM 20% + inst 35%) — HIGH institutional

Directional Strategy Fit

Option Buyers

Long Calls8.7

bullishIV cheap, bullish flow

Long Puts4.8

bearishIV cheap, bullish flow

Premium Sellers

Cash-Secured Put5.5

bullishIV too cheap, bullish flow

Covered Call2.2

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 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 CFLT

CFLT gamma walls CFLT max pain CFLT IV rank CFLT options flow