CLXClorox Company
Options Analysis Report•SPECIALTY CLEANING, POLISHING AND SANITATION PREPARATIONS
Market Cap $11.0B|NYSE
● 2026-05-15$91.17
BULLISH
Analysis: 2026-05-14 EOD data
1Y -32.5%YTD -9.6%7D -1.1%
Options Vol
3,342
30D
Implied Move
±8.6%
IV Rank
89%
CLX Options Overview
Mixed signals. No clear edge detected.
REWARDS
RISK ANALYSIS
Loading score history...
Value
Is IV priced right?
5.4
ExpensiveCheap
Measures whether options are cheap, fair, or rich relative to historical and peer
IV
levels.Risk Checks6/9 checks passed
IV Rank
≤35%IV Rank 47.4% — elevated vs history
IV/HV Ratio
<1.05xIV/HV 0.69x — IV ≤ HV
Sector Relative≤50%
Sector percentile 65% — above sector median
Term Structure
<1.1xFront/Back 0.96x — contango
Skew Normal
<1.25xPut/Call IV 1.16x — elevated
Absolute IV
<80%ATM IV 34.0% — normal range
Spread-Adjusted Value
<80%Effective IV 55.1% (ATM 34.0% + spread 10.6% + bias) — good value
Execution Efficiency
<3.0%Total drag 15.57% (spread 10.55% + slippage 5.02%) — high friction
Vega Efficiency
≥5.0Vega efficiency 21.83 (vega 23.034 / spread 10.55%) — efficient
Sentiment
Bullish or bearish?
6.3
BearishBullish
Analyzes
put/call ratios
, open interest skew
, and flow direction to determine market bias.Risk ChecksVery Bullish - Moderate signal (Conviction: +50%, Raw: +32%)
Flow Direction
|net sentiment| ≥25%Conviction-weighted: +50% (strong bullish) — Raw: +32%
OI Skew Magnitude
≥15%|OI skew| 34.8% — call-heavy
Volume-OI Alignment
Same sign, |vol skew| ≥10%Vol skew -8.2%, OI skew +34.8% — divergent (opposite)
Conviction Quality
≥2/3 conditions0-DTE 17%, far-OTM 15%, avg DTE 30
OI Momentum
|change| ≥3%OI change +0.0% (5d) — stable
Smart Money Flow
|weighted flow| ≥20%ITM: +29%, ATM: -2%, OTM: +36% — bullish (ITM/ATM divergent)
Sector Relative≤40% or ≥60%
Sector P/C percentile 83% — very bearish vs sector
Activity
Unusual activity?
3.5
QuietActive
Detects volume surges,
block trades
, and unusual options activity that may signal moves.Risk Checks1/9 checks passed
Volume Surge
≥1.5xVolume 0.3x avg — normal
Turnover Rate
≥15%Vol/OI 2.9% — 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 -0.0% (5d) — stable
Sector Relative≥60%
Sector activity percentile 34% — below sector avg
Trade Quality
≥30%Large trade volume 30% — mixed
Execution Urgency
≥60%Aggressive execution 49% — patient
Flow Conviction
≥30Conviction +50 (bullish) — moderate
Liquidity
Can I trade efficiently?
3.9
IlliquidLiquid
Evaluates
bid-ask spreads
, volume depth, and open interest for trade execution quality.Risk Checks3/8 checks passed
Tradeable Spread
≤5.0%Spread 10.6% — wide
Adequate OI
≥10,000OI 114,228 — deep
Active Volume
≥500Volume 3,342/day — adequate
Reasonable Cost
≤$0.50$0.53 to cross — expensive
Strike Coverage
≥5 strikes0 liquid strikes — limited options
Sector Relative≤40%
Sector spread percentile 66% — wider than sector
Order Book Depth
≥100 contractsDepth 140.8 contracts (bid:76.3 ask:64.5) — adequate
Execution Quality
<1.0%Avg slippage 5.02% — poor
Timing
Is now a good time?
7.5
RiskyFavorable
Considers earnings proximity,
time decay
, and event calendar for optimal entry timing.Risk Checks6/9 checks passed
Term Structure Clarity
|slope| ≥5%Slope -4.2% — flat/unclear
IV Percentile Clarity
<30 or >70IV percentile 47% — neutral
Event Detection
≥10pts kinkIV kink -0.6pts — no clear event
Theta/Vega Clarity
<0.5 or >2.0θ/ν ratio 811.05 — favors income trades
Expiration Distribution
≥3 expirations3 liquid expirations — flexible
Event Risk
≥60% (safe)safe window: No events detected
Spread Momentum
<1.2 ratioSpread ratio 1.00x — stable
Flow Momentum
≥25% strength + ≥50% consistencyFlow +50% @ 75% consistency — STRONG directional (bullish)
Smart Money Timing
≥40 composite scoreScore 60 (ITM 20% + inst 30%) — moderate institutional
Directional Strategy Fit
Option Buyers
Long Calls5.8
bullishIV fair, bullish flow
Long Puts4.9
bearishIV fair, bullish flow
Premium Sellers
Cash-Secured Put5.5
bullishIV fair, bullish flow
Covered Call4.6
bearishIV fair, bullish flow
For educational purposes only. Not investment advice.