MGAMagna International
Options Analysis Report
Market Cap $17.2B|NYSE
● 2026-05-15$63.33
BULLISH
Analysis: 2026-05-14 EOD data
1Y +73.7%YTD +15.9%7D +0.3%
Options Vol
659
30D
Implied Move
±8.6%
IV Rank
39%
MGA Options Overview
bullish flow. Conditions favor option buyers.
REWARDS
RISK ANALYSIS
Loading score history...
Value
Is IV priced right?
6.7
ExpensiveCheap
Measures whether options are cheap, fair, or rich relative to historical and peer
IV
levels.Risk Checks6/9 checks passed
IV Rank
≤35%IV Rank 44.3% — elevated vs history
IV/HV Ratio
<1.05xIV/HV 1.01x — IV ≤ HV
Sector Relative≤50%
Sector percentile 23% — below sector median
Term Structure
<1.1xFront/Back 0.92x — contango
Skew Normal
<1.25xPut/Call IV 1.16x — elevated
Absolute IV
<80%ATM IV 40.1% — normal range
Spread-Adjusted Value
<80%Effective IV 73.1% (ATM 40.1% + spread 16.5% + bias) — fair
Execution Efficiency
<3.0%Total drag 24.38% (spread 16.50% + slippage 7.88%) — high friction
Vega Efficiency
≥5.0Vega efficiency 4.62 (vega 7.625 / spread 16.50%) — spread drag
Sentiment
Bullish or bearish?
6.4
BearishBullish
Analyzes
put/call ratios
, open interest skew
, and flow direction to determine market bias.Risk ChecksNeutral - Moderate signal (Conviction: -4%, Raw: -29%)
Flow Direction
|net sentiment| ≥25%Conviction-weighted: -4% (neutral) — Raw: -29%
OI Skew Magnitude
≥15%|OI skew| 14.5% — balanced
Volume-OI Alignment
Same sign, |vol skew| ≥10%Vol skew +98.2%, OI skew +14.5% — aligned
Conviction Quality
≥2/3 conditions0-DTE 58%, far-OTM 15%, avg DTE 30
OI Momentum
|change| ≥3%OI change +0.0% (5d) — stable
Smart Money Flow
|weighted flow| ≥20%ITM: -42%, ATM: -53%, OTM: +65% — strong bearish (ITM/ATM aligned)
Sector Relative≤40% or ≥60%
Sector P/C percentile 2% — very bullish vs sector
Activity
Unusual activity?
4.0
QuietActive
Detects volume surges,
block trades
, and unusual options activity that may signal moves.Risk Checks0/9 checks passed
Volume Surge
≥1.5xVolume 1.5x avg — normal
Turnover Rate
≥15%Vol/OI 3.7% — normal 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 -4.8% (5d) — unwinding
Sector Relative≥60%
Sector activity percentile 60% — neutral vs sector
Trade Quality
≥30%Large trade volume 15% — mixed
Execution Urgency
≥60%Aggressive execution 20% — patient
Flow Conviction
≥30Conviction -4 (bearish) — mixed
Liquidity
Can I trade efficiently?
2.8
IlliquidLiquid
Evaluates
bid-ask spreads
, volume depth, and open interest for trade execution quality.Risk Checks3/8 checks passed
Tradeable Spread
≤5.0%Spread 16.5% — wide
Adequate OI
≥10,000OI 18,009 — adequate
Active Volume
≥500Volume 659/day — adequate
Reasonable Cost
≤$0.50$0.83 to cross — expensive
Strike Coverage
≥5 strikes0 liquid strikes — limited options
Sector Relative≤40%
Sector spread percentile 58% — neutral vs sector
Order Book Depth
≥100 contractsDepth 125.4 contracts (bid:74.8 ask:50.6) — adequate
Execution Quality
<1.0%Avg slippage 7.88% — poor
Timing
Is now a good time?
6.8
RiskyFavorable
Considers earnings proximity,
time decay
, and event calendar for optimal entry timing.Risk Checks6/9 checks passed
Term Structure Clarity
|slope| ≥5%Slope -7.6% — contango
IV Percentile Clarity
<30 or >70IV percentile 44% — neutral
Event Detection
≥10pts kinkIV kink -1.3pts — no clear event
Theta/Vega Clarity
<0.5 or >2.0θ/ν ratio 213.00 — favors income trades
Expiration Distribution
≥3 expirations3 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 -4% @ 52% consistency — unclear
Smart Money Timing
≥40 composite scoreScore 45 (ITM 20% + inst 15%) — moderate institutional
Directional Strategy Fit
Option Buyers
Long Calls6.0
bullishIV cheap, bullish flow
Long Puts5.1
bearishIV cheap, bullish flow
Premium Sellers
Cash-Secured Put4.8
bullishIV too cheap, bullish flow
Covered Call3.8
bearishIV too cheap, bullish flow
For educational purposes only. Not investment advice.