Options/CRML

CRMLCritical Metals Corp. Ordinary Shares

Options Analysis Report

Market Cap $1.0B|NASDAQ

● 2026-08-28$7.12

BULLISH

Analysis: 2026-08-27 EOD data

1Y +14.9%YTD -12.3%7D +0.1%

Options Vol

20,074

30D

Implied Move

±28.9%

IV Rank

CRML Options Overview

IV is elevated with bullish flow and unusual activity. Conditions favor premium sellers.

REWARDS

RISK ANALYSIS

Snowflake Analysis

Favorable conditions for premium sellers

Learn

Loading score history...

CRML Gamma Walls

Loading gamma walls...

Value

Is IV priced right?

4.5

ExpensiveCheap

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

levels.

Risk Checks3/9 checks passed

IV Rank

≤35%

IV Rank 96.4% — elevated vs history

IV/HV Ratio

<1.05x

IV/HV 0.85x — IV ≤ HV

Sector Relative≤50%

Sector percentile 98% — above sector median

Term Structure

<1.1x

Front/Back 0.99x — contango

Skew Normal

<1.25x

Put/Call IV 1.16x — elevated

Absolute IV

<80%

ATM IV 109.2% — crisis-level IV

Spread-Adjusted Value

<80%

Effective IV 134.0% (ATM 109.2% + spread 12.4% + bias) — expensive

Execution Efficiency

<3.0%

Total drag 18.28% (spread 12.41% + slippage 5.87%) — high friction

Vega Efficiency

≥5.0

Vega efficiency 0.13 (vega 0.167 / spread 12.41%) — spread drag

Sentiment

Bullish or bearish?

9.0

BearishBullish

Analyzes

put/call ratios

open interest skew

, and flow direction to determine market bias.

Risk ChecksVery Bullish - Strong signal (Conviction: +71%, Raw: +48%)

Flow Direction

|net sentiment| ≥25%

Conviction-weighted: +71% (strong bullish) — Raw: +48%

OI Skew Magnitude

≥15%

|OI skew| 34.6% — call-heavy

Volume-OI Alignment

Same sign, |vol skew| ≥10%

Vol skew +33.2%, OI skew +34.6% — aligned

Conviction Quality

≥2/3 conditions

0-DTE 14%, far-OTM 15%, avg DTE 30

OI Momentum

|change| ≥3%

OI change +0.0% (5d) — stable

Smart Money Flow

|weighted flow| ≥20%

ITM: +70%, ATM: -2%, OTM: +40% — strong bullish (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 55% — neutral vs sector

Activity

Unusual activity?

5.0

QuietActive

Detects volume surges,

block trades

, and unusual options activity that may signal moves.

Risk Checks3/8 checks passed

Volume Surge

≥1.5x

Volume 1.1x avg — normal

Turnover Rate

≥15%

Vol/OI 7.6% — normal turnover

Multi-Day Persistence

≥2 days

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

OI Build

≥5%

OI change -22.8% (5d) — unwinding

Sector Relative≥60%

Sector activity percentile 95% — very active vs sector

Trade Quality

≥30%

Large trade volume 55% — heavy institutional

Execution Urgency

≥60%

Aggressive execution 44% — patient

Flow Conviction

≥30

Conviction +71 (bullish) — strong conviction

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 12.4% — wide

Adequate OI

≥10,000

OI 263,471 — deep

Active Volume

≥500

Volume 20,074/day — active

Reasonable Cost

≤$0.50

$0.62 to cross — expensive

Strike Coverage

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 99% — much wider than sector

Order Book Depth

≥100 contracts

Depth 728.8 contracts (bid:402.6 ask:326.2) — deep

Execution Quality

<1.0%

Avg slippage 5.87% — 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 -1.2% — flat/unclear

IV Percentile Clarity

<30 or >70

IV percentile 96% — seller opportunity

Event Detection

≥10pts kink

IV kink 4.4pts — no clear event

Theta/Vega Clarity

<0.5 or >2.0

θ/ν ratio 1.64 — favors mixed

Expiration Distribution

≥3 expirations

3 liquid expirations — flexible

Event Risk

≥60% (safe)

safe window: No earnings detected

Spread Momentum

<1.2 ratio

Spread ratio 1.00x — stable

Flow Momentum

≥25% strength + ≥50% consistency

Flow +71% @ 86% consistency — STRONG directional (bullish)

Smart Money Timing

≥40 composite score

Score 85 (ITM 20% + inst 55%) — HIGH institutional

Directional Strategy Fit

Option Buyers

Long Calls6.4

bullishIV fair, bullish flow

Long Puts3.6

bearishIV fair, bullish flow

Premium Sellers

Cash-Secured Put6.3

bullishIV fair, bullish flow

Covered Call3.9

bearishIV fair, bullish flow

For educational purposes only. Not investment advice.

Earnings · week of Aug 31

Options price a ±11.6% move into CRML's Sep 2 earnings

CRML reports on Wednesday, September 2 before the open. The at-the-money straddle covering that report prices a ±11.6% move — roughly $6.29 to $7.95 from $7.12. CRML has averaged ±11.7% on its last 7 earnings reactions (biggest: 45%), so this print is priced at 1.0× its own history.

FAIRLY PRICEDimplied ±11.6%history ±11.7%Sep 4 expiry

See the implied move for every US stock reporting the week of Aug 31

Implied move = the live at-the-money straddle for the expiry covering the report (Sep 4); it shifts intraday. Historical move = the average of CRML’s own 1-day earnings reactions over its last reported quarters — a reference, not a forecast.