HMCHonda Motor Co., Ltd. American Depositary Share, each representing three (3) shares of Common Stock
HMC Options Overview
Mixed signals. No clear edge detected.
REWARDS
RISK ANALYSIS
HMC Gamma Walls
Value
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 1.87x — backwardation
Put/Call IV 1.00x — normal
ATM IV 0.0% — normal range
Effective IV 97.5% (ATM 0.0% + spread 48.8% + bias) — expensive
Total drag 57.04% (spread 48.76% + slippage 8.28%) — high friction
Vega efficiency 0.00 (vega 0.000 / spread 48.76%) — spread drag
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: -2% (neutral) — Raw: +12%
|OI skew| 0.0% — balanced
Vol skew -8.1%, OI skew +0.0% — weak (same direction)
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +100%, ATM: +100%, OTM: +8% — strong bullish (ITM/ATM aligned)
Sector P/C percentile 66% — bearish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 0.3x avg — normal
Vol/OI 0.5% — normal turnover
1 day(s) elevated — may be one-day event
OI change +0.5% (5d) — stable
Sector activity percentile 20% — below sector avg
Large trade volume 0% — mostly retail
Aggressive execution 15% — patient
Conviction -2 (bearish) — mixed
Liquidity
Can I trade efficiently?
Evaluates
Spread 48.8% — wide
OI 14,602 — adequate
Volume 74/day — thin
$2.44 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 0% — much tighter than sector
Depth 106.30000000000001 contracts (bid:49.1 ask:57.2) — adequate
Avg slippage 8.28% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope +87.5% — backwardation
IV percentile 50% — neutral
IV kink 26.7pts — event priced
θ/ν ratio 1.00 — favors mixed
3 liquid expirations — flexible
caution advised: FOMC in 5d; CPI in 0d (HIGH)
Spread ratio 1.00x — stable
Flow -2% @ 51% consistency — unclear
Score 30 (ITM 20% + inst 0%) — retail dominated
Directional Strategy Fit
For educational purposes only. Not investment advice.
The Options Desk tracks the move options price into every US earnings report the week of Sep 7, 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.