AInvestOption Pilot Program
Options/IBN
IBN logo

IBNICICI Bank Limited

Options Analysis Report
Market Cap $107.2B|NYSE
● 2026-08-31$29.88
BEARISH
Analysis: 2026-08-28 EOD data
1Y -5.3%YTD -0.4%7D +0.8%
200
30D
±7.5%
11%

IBN Options Overview

bearish flow. Conditions favor option buyers.

REWARDS

RISK ANALYSIS

4.2VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Favorable conditions for option buyers

Learn
Loading score history...

IBN Gamma Walls

Loading gamma walls...

Value

Is IV priced right?

5.9
ExpensiveCheap

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

levels.

Risk Checks5/9 checks passed
≤35%

IV Rank 30.6% — cheap vs history

<1.05x

IV/HV 1.58x — IV premium over HV

Sector Relative≤50%

Sector percentile 49% — below sector median

<1.1x

Front/Back 1.09x — backwardation

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 23.6% — normal range

<80%

Effective IV 94.5% (ATM 23.6% + spread 35.5% + bias) — expensive

<3.0%

Total drag 44.28% (spread 35.46% + slippage 8.82%) — high friction

≥5.0

Vega efficiency 2.47 (vega 8.745 / spread 35.46%) — spread drag

Sentiment

Bullish or bearish?

1.0
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksVery Bearish - Moderate signal (Conviction: -96%, Raw: -95%)
|net sentiment| ≥25%

Conviction-weighted: -96% (strong bearish) — Raw: -95%

≥15%

|OI skew| 9.5% — balanced

Same sign, |vol skew| ≥10%

Vol skew -71.0%, OI skew +9.5% — 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: -100%, ATM: -95%, OTM: -92% — strong bearish (ITM/ATM aligned)

Sector Relative≤40% or ≥60%

Sector P/C percentile 98% — very bearish vs sector

Activity

Unusual activity?

3.9
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks2/8 checks passed
≥1.5x

Volume 1.2x avg — normal

≥15%

Vol/OI 0.6% — 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 22% — below sector avg

≥30%

Large trade volume 0% — mostly retail

≥60%

Aggressive execution 69% — urgent

≥30

Conviction -96 (bearish) — strong conviction

Liquidity

Can I trade efficiently?

2.8
IlliquidLiquid

Evaluates

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

Risk Checks2/8 checks passed
≤5.0%

Spread 35.5% — wide

≥10,000

OI 31,167 — adequate

≥500

Volume 200/day — thin

≤$0.50

$1.77 to cross — expensive

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 62% — wider than sector

≥100 contracts

Depth 162.2 contracts (bid:68.8 ask:93.4) — adequate

<1.0%

Avg slippage 8.82% — poor

Timing

Is now a good time?

7.4
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

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

Slope +9.2% — backwardation

<30 or >70

IV percentile 31% — neutral

≥10pts kink

IV kink 3.3pts — no clear event

<0.5 or >2.0

θ/ν ratio 1534.25 — favors income trades

≥3 expirations

3 liquid expirations — flexible

≥60% (safe)

safe window: No events detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow -96% @ 98% consistency — STRONG directional (bearish)

≥40 composite score

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

Directional Strategy Fit

Option Buyers
Long Calls3.9
bullishIV fair, bearish flow
Long Puts7.7
bearishIV fair, bearish flow
Premium Sellers
Cash-Secured Put3.2
bullishIV fair, bearish flow
Covered Call6.0
bearishIV fair, bearish 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 IBN

IBN gamma wallsIBN max painIBN IV rankIBN options flow