bullish flow. Conditions favor option buyers.
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 41.9% — elevated vs history
IV/HV 1.02x — IV ≤ HV
Sector percentile 15% — below sector median
Front/Back 1.47x — backwardation
Put/Call IV 1.16x — elevated
ATM IV 39.4% — normal range
Effective IV 42.0% (ATM 39.4% + spread 1.3% + bias) — excellent value
Total drag 1.29% (spread 1.29% + slippage 0.00%) — minimal drag
Vega efficiency 1157.82 (vega 149.358 / spread 1.29%) — efficient
Bullish or bearish?
Analyzes
P/C 0.49 — call-heavy (buy/sell unknown)
|OI skew| 30.2% — call-heavy
Vol skew +34.2%, OI skew +30.2% — aligned
0-DTE 29%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
Sector P/C percentile 46% — neutral vs sector
Unusual activity?
Detects volume surges,
Volume 1.7x avg — elevated
Vol/OI 4.5% — normal turnover
Top 3 strikes = 50% — dispersed
2 day(s) elevated — sustained
OI change +0.0% (5d) — stable
Sector activity percentile 65% — active vs sector
Large trade volume 0% — mostly retail
Aggressive execution 0% — patient
Conviction +0 (neutral) — mixed
Can I trade efficiently?
Evaluates
Spread 1.3% — tight
OI 5,196 — thin
Volume 234/day — thin
$0.06 to cross — cheap
10 liquid strikes — good coverage
Sector spread percentile 53% — neutral vs sector
Depth 0 contracts (bid:0 ask:0) — thin
Avg slippage 0.00% — excellent
Is now a good time?
Considers earnings proximity,
Slope +46.6% — backwardation
IV percentile 42% — neutral
IV kink 15.8pts — event priced
θ/ν ratio 1470.06 — favors income trades
4 liquid expirations — flexible
safe window: No earnings detected
Spread ratio 1.00x — stable
Flow +0% @ 50% consistency — unclear
Score 60 (ITM 20% + inst 30%) — HIGH institutional
For educational purposes only. Not investment advice.