LEUCentrus Energy Corp.
LEU Options Overview
IV is elevated with bearish flow and unusual activity. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
LEU Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 90.2% — elevated vs history
IV/HV 0.96x — IV ≤ HV
Sector percentile 92% — above sector median
Front/Back 0.87x — contango
Put/Call IV 1.16x — elevated
ATM IV 77.2% — normal range
Effective IV 103.5% (ATM 77.2% + spread 13.2% + bias) — expensive
Total drag 19.31% (spread 13.17% + slippage 6.14%) — high friction
Vega efficiency 28.70 (vega 37.794 / spread 13.17%) — efficient
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: -47% (strong bearish) — Raw: -33%
|OI skew| 22.6% — call-heavy
Vol skew -17.2%, OI skew +22.6% — divergent (opposite)
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +14%, ATM: +1%, OTM: -35% — neutral (ITM/ATM aligned)
Sector P/C percentile 84% — very bearish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 2.6x avg — hot
Vol/OI 12.6% — normal turnover
1 day(s) elevated — may be one-day event
OI change +4.7% (5d) — building
Sector activity percentile 95% — very active vs sector
Large trade volume 39% — institutional presence
Aggressive execution 31% — patient
Conviction -47 (bearish) — moderate
Liquidity
Can I trade efficiently?
Evaluates
Spread 13.2% — wide
OI 48,678 — adequate
Volume 6,109/day — active
$0.66 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 95% — much wider than sector
Depth 54.9 contracts (bid:28.2 ask:26.7) — thin
Avg slippage 6.14% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -12.6% — contango
IV percentile 90% — seller opportunity
IV kink -6.5pts — no clear event
θ/ν ratio 284.59 — favors income trades
3 liquid expirations — flexible
caution advised: FOMC in 5d; CPI in 0d (HIGH)
Spread ratio 1.00x — stable
Flow -47% @ 74% consistency — STRONG directional (bearish)
Score 69 (ITM 20% + inst 39%) — HIGH institutional
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.