MELIMercado Libre, Inc
Options Analysis Report•SERVICES-BUSINESS SERVICES, NEC
Market Cap $81.5B|NASDAQ
● 2026-05-15$1607.37
NEUTRAL
Analysis: 2026-05-14 EOD data
1Y -37.9%YTD -18.6%7D -1.5%
Options Vol
10,688
30D
Implied Move
±11.0%
IV Rank
31%
MELI Options Overview
unusual activity. No clear edge detected.
REWARDS
RISK ANALYSIS
Loading score history...
Value
Is IV priced right?
7.9
ExpensiveCheap
Measures whether options are cheap, fair, or rich relative to historical and peer
IV
levels.Risk Checks7/9 checks passed
IV Rank
≤35%IV Rank 46.4% — elevated vs history
IV/HV Ratio
<1.05xIV/HV 0.71x — IV ≤ HV
Sector Relative≤50%
Sector percentile 26% — below sector median
Term Structure
<1.1xFront/Back 0.94x — contango
Skew Normal
<1.25xPut/Call IV 1.16x — elevated
Absolute IV
<80%ATM IV 41.3% — normal range
Spread-Adjusted Value
<80%Effective IV 72.2% (ATM 41.3% + spread 15.4% + bias) — fair
Execution Efficiency
<3.0%Total drag 27.49% (spread 15.44% + slippage 12.05%) — high friction
Vega Efficiency
≥5.0Vega efficiency 583.44 (vega 900.832 / spread 15.44%) — efficient
Sentiment
Bullish or bearish?
6.0
BearishBullish
Analyzes
put/call ratios
, open interest skew
, and flow direction to determine market bias.Risk ChecksNeutral - Weak signal (Conviction: +3%, Raw: -0%)
Flow Direction
|net sentiment| ≥25%Conviction-weighted: +3% (neutral) — Raw: -0%
OI Skew Magnitude
≥15%|OI skew| 9.3% — balanced
Volume-OI Alignment
Same sign, |vol skew| ≥10%Vol skew +16.2%, OI skew +9.3% — aligned
Conviction Quality
≥2/3 conditions0-DTE 35%, far-OTM 15%, avg DTE 30
OI Momentum
|change| ≥3%OI change +0.0% (5d) — stable
Smart Money Flow
|weighted flow| ≥20%ITM: +1%, ATM: +11%, OTM: -7% — neutral (ITM/ATM aligned)
Sector Relative≤40% or ≥60%
Sector P/C percentile 54% — neutral vs sector
Activity
Unusual activity?
5.9
QuietActive
Detects volume surges,
block trades
, and unusual options activity that may signal moves.Risk Checks4/9 checks passed
Volume Surge
≥1.5xVolume 2.0x avg — hot
Turnover Rate
≥15%Vol/OI 17.0% — high turnover
Strike Concentration
≥60%Top 3 strikes = 50% — dispersed
Multi-Day Persistence
≥2 days1 day(s) elevated — may be one-day event
OI Build
≥5%OI change +16.6% (5d) — building
Sector Relative≥60%
Sector activity percentile 93% — very active vs sector
Trade Quality
≥30%Large trade volume 3% — mostly retail
Execution Urgency
≥60%Aggressive execution 28% — patient
Flow Conviction
≥30Conviction +3 (bullish) — mixed
Liquidity
Can I trade efficiently?
3.3
IlliquidLiquid
Evaluates
bid-ask spreads
, volume depth, and open interest for trade execution quality.Risk Checks2/8 checks passed
Tradeable Spread
≤5.0%Spread 15.4% — wide
Adequate OI
≥10,000OI 63,014 — deep
Active Volume
≥500Volume 10,688/day — active
Reasonable Cost
≤$0.50$0.77 to cross — expensive
Strike Coverage
≥5 strikes1 liquid strikes — limited options
Sector Relative≤40%
Sector spread percentile 60% — neutral vs sector
Order Book Depth
≥100 contractsDepth 22.9 contracts (bid:11.4 ask:11.5) — thin
Execution Quality
<1.0%Avg slippage 12.05% — poor
Timing
Is now a good time?
6.7
RiskyFavorable
Considers earnings proximity,
time decay
, and event calendar for optimal entry timing.Risk Checks5/9 checks passed
Term Structure Clarity
|slope| ≥5%Slope -6.2% — contango
IV Percentile Clarity
<30 or >70IV percentile 46% — neutral
Event Detection
≥10pts kinkIV kink 1.0pts — no clear event
Theta/Vega Clarity
<0.5 or >2.0θ/ν ratio 3218.41 — favors income trades
Expiration Distribution
≥3 expirations5 liquid expirations — flexible
Event Risk
≥60% (safe)safe window: No earnings detected
Spread Momentum
<1.2 ratioSpread ratio 1.00x — stable
Flow Momentum
≥25% strength + ≥50% consistencyFlow +3% @ 51% consistency — unclear
Smart Money Timing
≥40 composite scoreScore 33 (ITM 20% + inst 3%) — retail dominated
Directional Strategy Fit
Option Buyers
Long Calls6.3
bullishIV cheap, mixed flow
Long Puts5.6
bearishIV cheap, mixed flow
Premium Sellers
Cash-Secured Put4.4
bullishIV too cheap, mixed flow
Covered Call3.7
bearishIV too cheap, mixed flow
For educational purposes only. Not investment advice.