AInvestOption Pilot Program
Options/GRNY
G

GRNYFundStrat Granny Shots US Large Cap ETF

Options Analysis Report
AUM $3.6B|ARCX
● 2026-08-31$27.81
NEUTRAL
Analysis: 2026-08-28 EOD data
1Y +20.4%YTD +11.3%7D +0.7%
196
30D
±5.4%
6%

GRNY Options Overview

IV is low. No clear edge detected.

REWARDS

RISK ANALYSIS

4.7VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Balanced conditions with no clear edge

Learn
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GRNY Gamma Walls

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Value

Is IV priced right?

6.8
ExpensiveCheap

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

levels.

Risk Checks6/9 checks passed
≤35%

IV Rank 24.9% — cheap vs history

<1.05x

IV/HV 1.73x — IV premium over HV

Sector Relative≤50%

Sector percentile 42% — below sector median

<1.1x

Front/Back 0.82x — contango

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 21.3% — normal range

<80%

Effective IV 68.2% (ATM 21.3% + spread 23.5% + bias) — fair

<3.0%

Total drag 34.28% (spread 23.46% + slippage 10.82%) — high friction

≥5.0

Vega efficiency 1.13 (vega 2.652 / spread 23.46%) — spread drag

Sentiment

Bullish or bearish?

5.1
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksNeutral - Moderate signal (Conviction: -9%, Raw: -9%)
|net sentiment| ≥25%

Conviction-weighted: -9% (neutral) — Raw: -9%

≥15%

|OI skew| 84.8% — call-heavy

Same sign, |vol skew| ≥10%

Vol skew +0.0%, OI skew +84.8% — divergent (opposite)

≥2/3 conditions

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

|change| ≥3%

OI change +0.0% (5d) — stable

|weighted flow| ≥20%

ITM: +14%, ATM: +34%, OTM: -80% — bullish (ITM/ATM aligned)

Sector Relative≤40% or ≥60%

Sector P/C percentile 27% — very bullish vs sector

Activity

Unusual activity?

2.1
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks0/8 checks passed
≥1.5x

Volume 0.8x avg — normal

≥15%

Vol/OI 1.1% — normal turnover

≥2 days

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

≥5%

OI change +0.8% (5d) — stable

Sector Relative≥60%

Sector activity percentile 32% — below sector avg

≥30%

Large trade volume 0% — mostly retail

≥60%

Aggressive execution 28% — patient

≥30

Conviction -9 (bearish) — mixed

Liquidity

Can I trade efficiently?

2.7
IlliquidLiquid

Evaluates

, volume depth, and open interest for trade execution quality.

Risk Checks2/8 checks passed
≤5.0%

Spread 23.5% — wide

≥10,000

OI 18,602 — adequate

≥500

Volume 196/day — thin

≤$0.50

$1.17 to cross — expensive

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 56% — neutral vs sector

≥100 contracts

Depth 337.7 contracts (bid:223.4 ask:114.3) — adequate

<1.0%

Avg slippage 10.82% — poor

Timing

Is now a good time?

6.6
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks6/9 checks passed
|slope| ≥5%

Slope -18.3% — contango

<30 or >70

IV percentile 25% — buyer opportunity

≥10pts kink

IV kink -2.3pts — no clear event

<0.5 or >2.0

θ/ν ratio 215.58 — favors income trades

≥3 expirations

3 liquid expirations — flexible

≥60% (safe)

safe window: No earnings detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow -9% @ 54% consistency — unclear

≥40 composite score

Score 30 (ITM 20% + inst 0%) — retail dominated

Directional Strategy Fit

Option Buyers
Long Calls5.6
bullishIV cheap, mixed flow
Long Puts5.5
bearishIV cheap, mixed flow
Premium Sellers
Cash-Secured Put4.3
bullishIV too cheap, mixed flow
Covered Call4.2
bearishIV too cheap, mixed flow

For educational purposes only. Not investment advice.

The Options Desk tracks the move options price into every US earnings report the week of Aug 31, next to how much each stock has actually moved on its past prints — plus the SPY, QQQ and IWM expected ranges and the gamma walls that box them in.

More on GRNY

GRNY gamma wallsGRNY max painGRNY IV rankGRNY options flow