bullish flow. No clear edge detected.
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 264.6% (ATM 0.0% + spread 132.3% + bias) — expensive
Total drag 148.91% (spread 132.31% + slippage 16.60%) — high friction
Vega efficiency 0.00 (vega 0.000 / spread 132.31%) — spread drag
Bullish or bearish?
Analyzes
Conviction-weighted: -49% (strong bearish) — Raw: -23%
|OI skew| 16.9% — call-heavy
Vol skew +100.0%, OI skew +16.9% — aligned
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: -100%, ATM: +0%, OTM: +0% — strong bearish (ITM/ATM divergent)
Sector P/C percentile 50% — neutral vs sector
Unusual activity?
Detects volume surges,
Volume 0.1x avg — normal
Vol/OI 0.5% — normal turnover
Top 3 strikes = 50% — dispersed
1 day(s) elevated — may be one-day event
OI change +2.3% (5d) — building
Sector activity percentile 18% — quiet vs sector
Large trade volume 0% — mostly retail
Aggressive execution 0% — patient
Conviction -49 (bearish) — moderate
Can I trade efficiently?
Evaluates
Spread 132.3% — wide
OI 11,674 — adequate
Volume 63/day — thin
$6.62 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 0% — much tighter than sector
Depth 1,328.6 contracts (bid:296.3 ask:1,032.3) — deep
Avg slippage 16.60% — 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 -49% @ 71% consistency — STRONG directional (bearish)
Score 30 (ITM 20% + inst 0%) — retail dominated
For educational purposes only. Not investment advice.