AInvestOption Pilot Program
Options/MMM
MMM logo

MMM3M Company

Options Analysis Report•SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
Market Cap $92.2B|NYSE
● 2026-08-28$178.83
NEUTRAL
Analysis: 2026-08-27 EOD data
1Y +13.5%YTD +10.5%7D -0.1%
2,080
30D
±6.1%
1%

MMM Options Overview

IV is low. No clear edge detected.

REWARDS

RISK ANALYSIS

5.5VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Favorable conditions for option buyers

Learn
Loading score history...

MMM Gamma Walls

Loading gamma walls...

Value

Is IV priced right?

7.9
ExpensiveCheap

Measures whether options are cheap, fair, or rich relative to historical and peer

levels.

Risk Checks7/9 checks passed
≤35%

IV Rank 17.9% — cheap vs history

<1.05x

IV/HV 1.79x — IV premium over HV

Sector Relative≤50%

Sector percentile 14% — below sector median

<1.1x

Front/Back 0.83x — contango

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 24.2% — normal range

<80%

Effective IV 45.2% (ATM 24.2% + spread 10.5% + bias) — excellent value

<3.0%

Total drag 16.82% (spread 10.51% + slippage 6.31%) — high friction

≥5.0

Vega efficiency 16.30 (vega 17.130 / spread 10.51%) — efficient

Sentiment

Bullish or bearish?

6.5
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksNeutral - Weak signal (Conviction: +6%, Raw: +8%)
|net sentiment| ≥25%

Conviction-weighted: +6% (neutral) — Raw: +8%

≥15%

|OI skew| 7.9% — balanced

Same sign, |vol skew| ≥10%

Vol skew +26.8%, OI skew +7.9% — aligned

≥2/3 conditions

0-DTE 6%, far-OTM 15%, avg DTE 30

|change| ≥3%

OI change +0.0% (5d) — stable

|weighted flow| ≥20%

ITM: +9%, ATM: -8%, OTM: +22% — neutral (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 36% — bullish vs sector

Activity

Unusual activity?

1.9
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks0/8 checks passed
≥1.5x

Volume 0.3x avg — normal

≥15%

Vol/OI 1.9% — normal turnover

≥2 days

1 day(s) elevated — may be one-day event

≥5%

OI change -16.5% (5d) — unwinding

Sector Relative≥60%

Sector activity percentile 35% — below sector avg

≥30%

Large trade volume 5% — mostly retail

≥60%

Aggressive execution 30% — patient

≥30

Conviction +6 (bullish) — mixed

Liquidity

Can I trade efficiently?

4.3
IlliquidLiquid

Evaluates

, volume depth, and open interest for trade execution quality.

Risk Checks3/8 checks passed
≤5.0%

Spread 10.5% — wide

≥10,000

OI 111,503 — deep

≥500

Volume 2,080/day — adequate

≤$0.50

$0.53 to cross — expensive

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 20% — much tighter than sector

≥100 contracts

Depth 73.4 contracts (bid:38.3 ask:35.1) — thin

<1.0%

Avg slippage 6.31% — poor

Timing

Is now a good time?

7.1
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks6/9 checks passed
|slope| ≥5%

Slope -17.2% — contango

<30 or >70

IV percentile 18% — buyer opportunity

≥10pts kink

IV kink -2.6pts — no clear event

<0.5 or >2.0

θ/ν ratio 163.77 — favors income trades

≥3 expirations

5 liquid expirations — flexible

≥60% (safe)

safe window: No events detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow +6% @ 53% consistency — unclear

≥40 composite score

Score 35 (ITM 20% + inst 5%) — retail dominated

Directional Strategy Fit

Option Buyers
Long Calls6.8
bullishIV cheap, bullish flow
Long Puts5.7
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.