Options/MNDY

MNDYmonday.com Ltd. Ordinary Shares

Options Analysis Report

Market Cap $3.6B|NASDAQ

● 2026-09-11$85.17

NEUTRAL

Analysis: 2026-09-10 EOD data

1Y -55.6%YTD -40.6%7D -6.5%

Options Vol

981

30D

Implied Move

±8.6%

IV Rank

29%

MNDY Options Overview

IV is elevated. Conditions favor premium sellers.

REWARDS

RISK ANALYSIS

Snowflake Analysis

Favorable conditions for premium sellers

Learn

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MNDY Gamma Walls

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MNDY Hedge Radar

No action needed

Full Hedge Radar

Fragility reads low; protection is priced cheap. Neither axis is a forecast — this is where MNDY sits on protection cost vs. fragility today.

Protection is priced in the cheap band (3.64) — near-dated vol is priced 6% below far-dated, and the move being priced is 1.51x this name's own median 25-trading-day move, measured against this name's own rolling 25-trading-day realized moves (479 overlapping windows). Fragility reads resilient (2.5): it is trading 15% above its hedge wall on a wall graded HIGH for reliability, and its realized-vol regime is stable.

Protection cost

3.64/ 10cheap

Basis: cross_sectional

Fragility

2.50/ 10resilient

Basis: per_ticker

Value

Is IV priced right?

5.0

ExpensiveCheap

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

levels.

Risk Checks5/9 checks passed

IV Rank

≤35%

IV Rank 87.3% — elevated vs history

IV/HV Ratio

<1.05x

IV/HV 0.90x — IV ≤ HV

Sector Relative≤50%

Sector percentile 75% — above sector median

Term Structure

<1.1x

Front/Back 1.02x — flat

Skew Normal

<1.25x

Put/Call IV 1.16x — elevated

Absolute IV

<80%

ATM IV 70.8% — normal range

Spread-Adjusted Value

<80%

Effective IV 100.0% (ATM 70.8% + spread 14.6% + bias) — expensive

Execution Efficiency

<3.0%

Total drag 19.40% (spread 14.59% + slippage 4.81%) — high friction

Vega Efficiency

≥5.0

Vega efficiency 16.13 (vega 23.528 / spread 14.59%) — efficient

Sentiment

Bullish or bearish?

4.3

BearishBullish

Analyzes

put/call ratios

open interest skew

, and flow direction to determine market bias.

Risk ChecksVery Bearish - Moderate signal (Conviction: -34%, Raw: -31%)

Flow Direction

|net sentiment| ≥25%

Conviction-weighted: -34% (strong bearish) — Raw: -31%

OI Skew Magnitude

≥15%

|OI skew| 7.3% — balanced

Volume-OI Alignment

Same sign, |vol skew| ≥10%

Vol skew +12.9%, OI skew -7.3% — divergent (opposite)

Conviction Quality

≥2/3 conditions

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

OI Momentum

|change| ≥3%

OI change +0.0% (5d) — stable

Smart Money Flow

|weighted flow| ≥20%

ITM: -65%, ATM: +13%, OTM: -32% — strong bearish (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 60% — bearish vs sector

Activity

Unusual activity?

3.6

QuietActive

Detects volume surges,

block trades

, and unusual options activity that may signal moves.

Risk Checks2/8 checks passed

Volume Surge

≥1.5x

Volume 0.4x avg — normal

Turnover Rate

≥15%

Vol/OI 1.9% — normal turnover

Multi-Day Persistence

≥2 days

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

OI Build

≥5%

OI change +17.0% (5d) — building

Sector Relative≥60%

Sector activity percentile 52% — neutral vs sector

Trade Quality

≥30%

Large trade volume 10% — mostly retail

Execution Urgency

≥60%

Aggressive execution 27% — patient

Flow Conviction

≥30

Conviction -34 (bearish) — moderate

Liquidity

Can I trade efficiently?

2.9

IlliquidLiquid

Evaluates

bid-ask spreads

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

Risk Checks2/8 checks passed

Tradeable Spread

≤5.0%

Spread 14.6% — wide

Adequate OI

≥10,000

OI 51,106 — deep

Active Volume

≥500

Volume 981/day — adequate

Reasonable Cost

≤$0.50

$0.73 to cross — expensive

Strike Coverage

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 85% — much wider than sector

Order Book Depth

≥100 contracts

Depth 49.6 contracts (bid:21.1 ask:28.5) — thin

Execution Quality

<1.0%

Avg slippage 4.81% — poor

Timing

Is now a good time?

7.0

RiskyFavorable

Considers earnings proximity,

time decay

, and event calendar for optimal entry timing.

Risk Checks6/9 checks passed

Term Structure Clarity

|slope| ≥5%

Slope +2.4% — flat/unclear

IV Percentile Clarity

<30 or >70

IV percentile 87% — seller opportunity

Event Detection

≥10pts kink

IV kink 1.0pts — no clear event

Theta/Vega Clarity

<0.5 or >2.0

θ/ν ratio 518.24 — favors income trades

Expiration Distribution

≥3 expirations

4 liquid expirations — flexible

Event Risk

≥60% (safe)

caution advised: FOMC in 5d; CPI in 0d (HIGH)

Spread Momentum

<1.2 ratio

Spread ratio 1.00x — stable

Flow Momentum

≥25% strength + ≥50% consistency

Flow -34% @ 67% consistency — moderate (bearish)

Smart Money Timing

≥40 composite score

Score 40 (ITM 20% + inst 10%) — moderate institutional

Directional Strategy Fit

Option Buyers

Long Calls4.7

bullishIV fair, mixed flow

Long Puts5.3

bearishIV fair, mixed flow

Premium Sellers

Cash-Secured Put4.6

bullishIV fair, mixed flow

Covered Call5.1

bearishIV fair, mixed flow

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.

More on MNDY

MNDY gamma walls MNDY option chain MNDY max pain MNDY expected move MNDY IV rank MNDY put/call ratio MNDY options flow