IV is low with bullish flow. Conditions favor option buyers.
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 22.1% — cheap vs history
IV/HV 1.74x — IV premium over HV
Sector percentile 33% — below sector median
Front/Back 1.06x — backwardation
Put/Call IV 1.16x — elevated
ATM IV 28.8% — normal range
Effective IV 31.0% (ATM 28.8% + spread 1.1% + bias) — excellent value
Total drag 1.08% (spread 1.08% + slippage 0.00%) — minimal drag
Vega efficiency 87.41 (vega 9.440 / spread 1.08%) — efficient
Bullish or bearish?
Analyzes
P/C 0.00 — call-heavy (buy/sell unknown)
|OI skew| 0.0% — balanced
Vol skew +100.0%, OI skew +0.0% — divergent (opposite)
0-DTE 100%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +0%, ATM: +0%, OTM: +0% — neutral (ITM/ATM divergent)
Sector P/C percentile 50% — neutral vs sector
Unusual activity?
Detects volume surges,
Volume 0.9x avg — normal
Vol/OI 150.0% — high turnover
Top 3 strikes = 50% — dispersed
1 day(s) elevated — may be one-day event
OI change -60.0% (5d) — unwinding
Sector activity percentile 100% — very active 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 2 — thin
Volume 3/day — thin
$0.05 to cross — cheap
0 liquid strikes — limited options
Sector spread percentile 44% — 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 +5.5% — backwardation
IV percentile 22% — buyer opportunity
IV kink 1.2pts — no clear event
θ/ν ratio 249.08 — favors income trades
3 liquid expirations — flexible
safe window: No earnings detected
Spread ratio 1.00x — stable
Flow +0% @ 50% consistency — unclear
Score 30 (ITM 20% + inst 0%) — retail dominated
For educational purposes only. Not investment advice.