MODModine Manufacturing Co
MOD Options Overview
IV is elevated with unusual activity. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
MOD Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 87.5% — elevated vs history
IV/HV 1.35x — IV premium over HV
Sector percentile 92% — above sector median
Front/Back 1.04x — flat
Put/Call IV 1.16x — elevated
ATM IV 70.5% — normal range
Effective IV 86.2% (ATM 70.5% + spread 7.8% + bias) — expensive
Total drag 14.95% (spread 7.83% + slippage 7.12%) — high friction
Vega efficiency 15.94 (vega 12.480 / spread 7.83%) — efficient
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: -76% (strong bearish) — Raw: -53%
|OI skew| 26.6% — call-heavy
Vol skew -1.1%, OI skew +26.6% — divergent (opposite)
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: -94%, ATM: -49%, OTM: -33% — strong bearish (ITM/ATM aligned)
Sector P/C percentile 69% — bearish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 1.3x avg — normal
Vol/OI 9.6% — normal turnover
1 day(s) elevated — may be one-day event
OI change +8.9% (5d) — building
Sector activity percentile 86% — very active vs sector
Large trade volume 61% — heavy institutional
Aggressive execution 35% — patient
Conviction -76 (bearish) — strong conviction
Liquidity
Can I trade efficiently?
Evaluates
Spread 7.8% — wide
OI 27,576 — adequate
Volume 2,659/day — adequate
$0.39 to cross — cheap
0 liquid strikes — limited options
Sector spread percentile 96% — much wider than sector
Depth 36.3 contracts (bid:18.2 ask:18.1) — thin
Avg slippage 7.12% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope +3.7% — flat/unclear
IV percentile 88% — seller opportunity
IV kink 1.8pts — no clear event
θ/ν ratio 22.47 — favors income trades
4 liquid expirations — flexible
caution advised: FOMC in 7d; CPI in 2d (HIGH)
Spread ratio 1.00x — stable
Flow -76% @ 88% consistency — STRONG directional (bearish)
Score 91 (ITM 20% + inst 61%) — HIGH institutional
Directional Strategy Fit
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.