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 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 128.8% (ATM 0.0% + spread 64.4% + bias) — expensive
Total drag 75.16% (spread 64.42% + slippage 10.74%) — high friction
Vega efficiency 0.00 (vega 0.000 / spread 64.42%) — spread drag
Bullish or bearish?
Analyzes
Conviction-weighted: +79% (strong bullish) — Raw: +83%
|OI skew| 2.4% — balanced
Vol skew +91.0%, OI skew -2.4% — divergent (opposite)
0-DTE 9%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: -5%, ATM: +0%, OTM: +93% — neutral (ITM/ATM divergent)
Sector P/C percentile 15% — very bullish vs sector
Unusual activity?
Detects volume surges,
Volume 2.2x avg — hot
Vol/OI 0.6% — normal turnover
Top 3 strikes = 50% — dispersed
1 day(s) elevated — may be one-day event
OI change +0.9% (5d) — stable
Sector activity percentile 22% — below sector avg
Large trade volume 0% — mostly retail
Aggressive execution 43% — patient
Conviction +79 (bullish) — strong conviction
Can I trade efficiently?
Evaluates
Spread 64.4% — wide
OI 36,523 — adequate
Volume 222/day — thin
$3.22 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 0% — much tighter than sector
Depth 154.0 contracts (bid:125.9 ask:28.1) — adequate
Avg slippage 10.74% — 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 +79% @ 90% consistency — STRONG directional (bullish)
Score 30 (ITM 20% + inst 0%) — retail dominated
For educational purposes only. Not investment advice.