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 51.7% (ATM 0.0% + spread 25.9% + bias) — good value
Total drag 39.80% (spread 25.85% + slippage 13.95%) — high friction
Vega efficiency 0.00 (vega 0.000 / spread 25.85%) — spread drag
Bullish or bearish?
Analyzes
Conviction-weighted: -44% (strong bearish) — Raw: -43%
|OI skew| 83.4% — call-heavy
Vol skew +70.8%, OI skew +83.4% — aligned
0-DTE 3%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +50%, ATM: +0%, OTM: -51% — strong bullish (ITM/ATM divergent)
Sector P/C percentile 22% — very bullish vs sector
Unusual activity?
Detects volume surges,
Volume 2.0x avg — hot
Vol/OI 1.4% — normal turnover
Top 3 strikes = 50% — dispersed
2 day(s) elevated — sustained
OI change +1.9% (5d) — stable
Sector activity percentile 38% — below sector avg
Large trade volume 42% — institutional presence
Aggressive execution 53% — patient
Conviction -44 (bearish) — moderate
Can I trade efficiently?
Evaluates
Spread 25.9% — wide
OI 155,110 — deep
Volume 2,232/day — adequate
$1.29 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 0% — much tighter than sector
Depth 637.5 contracts (bid:238.6 ask:398.9) — deep
Avg slippage 13.95% — 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 -44% @ 72% consistency — STRONG directional (bearish)
Score 72 (ITM 20% + inst 42%) — HIGH institutional
For educational purposes only. Not investment advice.