IV is low with bearish flow. No clear edge detected.
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 22.4% — cheap vs history
IV/HV 1.36x — IV premium over HV
Sector percentile 33% — below sector median
Front/Back 1.04x — flat
Put/Call IV 1.16x — elevated
ATM IV 29.0% — normal range
Effective IV 31.2% (ATM 29.0% + spread 1.1% + bias) — excellent value
Total drag 1.08% (spread 1.08% + slippage 0.00%) — minimal drag
Vega efficiency 223.67 (vega 24.157 / spread 1.08%) — efficient
Bullish or bearish?
Analyzes
P/C 1.00 — balanced (buy/sell unknown)
|OI skew| 61.9% — put-heavy
Vol skew +0.0%, OI skew -61.9% — weak (same direction)
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
Sector P/C percentile 32% — bullish vs sector
Unusual activity?
Detects volume surges,
Volume 1.0x avg — normal
Vol/OI 0.0% — normal turnover
Top 3 strikes = 50% — dispersed
1 day(s) elevated — may be one-day event
OI change +0.0% (5d) — stable
Sector activity percentile 50% — neutral vs sector
Large trade volume 0% — mostly retail
Aggressive execution 0% — patient
Conviction +0 (neutral) — mixed
Can I trade efficiently?
Evaluates
Spread 1.1% — tight
OI 21 — thin
Volume 0/day — thin
$0.05 to cross — cheap
0 liquid strikes — limited options
Sector spread percentile 45% — neutral vs sector
Depth 0 contracts (bid:0 ask:0) — thin
Avg slippage 0.00% — excellent
Is now a good time?
Considers earnings proximity,
Slope +3.9% — flat/unclear
IV percentile 22% — buyer opportunity
IV kink 1.3pts — no clear event
θ/ν ratio 981.98 — favors income trades
3 liquid expirations — flexible
safe window: No earnings detected
Spread ratio 1.00x — stable
Flow +0% @ 50% consistency — unclear
Score 60 (ITM 20% + inst 30%) — HIGH institutional
For educational purposes only. Not investment advice.