AInvestOption Pilot Program
Options/NEMG
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NEMGLeverage Shares 2x Long NEM Daily ETF

Options Analysis Report
AUM $2M|NASDAQ
● 2026-08-31$24.13
VERY BULLISH
Analysis: 2026-08-28 EOD data
1Y +63.7%YTD +25.2%7D -6.3%
11
30D
±23.4%
4%

NEMG Options Overview

IV is elevated with bullish flow. Conditions favor premium sellers.

REWARDS

RISK ANALYSIS

5.7VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Favorable conditions for premium sellers

Learn
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NEMG Gamma Walls

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Value

Is IV priced right?

5.1
ExpensiveCheap

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

levels.

Risk Checks3/9 checks passed
≤35%

IV Rank 93.7% — elevated vs history

<1.05x

IV/HV 0.83x — IV ≤ HV

Sector Relative≤50%

Sector percentile 96% — above sector median

<1.1x

Front/Back 0.94x — contango

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 84.5% — crisis-level IV

<80%

Effective IV 177.7% (ATM 84.5% + spread 46.6% + bias) — expensive

<3.0%

Total drag 57.53% (spread 46.62% + slippage 10.91%) — high friction

≥5.0

Vega efficiency 1.50 (vega 7.015 / spread 46.62%) — spread drag

Sentiment

Bullish or bearish?

7.8
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksVery Bullish - Strong signal (Conviction: +36%, Raw: +67%)
|net sentiment| ≥25%

Conviction-weighted: +36% (strong bullish) — Raw: +67%

≥15%

|OI skew| 51.6% — call-heavy

Same sign, |vol skew| ≥10%

Vol skew +100.0%, OI skew +51.6% — aligned

≥2/3 conditions

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

|change| ≥3%

OI change +0.0% (5d) — stable

|weighted flow| ≥20%

ITM: -100%, ATM: +0%, OTM: +100% — strong bearish (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 50% — neutral vs sector

Activity

Unusual activity?

6.0
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks4/8 checks passed
≥1.5x

Volume 1.3x avg — normal

≥15%

Vol/OI 17.7% — high turnover

≥2 days

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

≥5%

OI change +14.8% (5d) — building

Sector Relative≥60%

Sector activity percentile 91% — very active vs sector

≥30%

Large trade volume 0% — mostly retail

≥60%

Aggressive execution 0% — patient

≥30

Conviction +36 (bullish) — moderate

Liquidity

Can I trade efficiently?

2.0
IlliquidLiquid

Evaluates

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

Risk Checks1/8 checks passed
≤5.0%

Spread 46.6% — wide

≥10,000

OI 62 — thin

≥500

Volume 11/day — thin

≤$0.50

$2.33 to cross — expensive

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 97% — much wider than sector

≥100 contracts

Depth 404.7 contracts (bid:134.0 ask:270.7) — adequate

<1.0%

Avg slippage 10.91% — poor

Timing

Is now a good time?

7.5
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks7/9 checks passed
|slope| ≥5%

Slope -6.1% — contango

<30 or >70

IV percentile 94% — seller opportunity

≥10pts kink

IV kink -3.0pts — no clear event

<0.5 or >2.0

θ/ν ratio 515.79 — favors income trades

≥3 expirations

3 liquid expirations — flexible

≥60% (safe)

safe window: No earnings detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow +36% @ 67% consistency — moderate (bullish)

≥40 composite score

Score 30 (ITM 20% + inst 0%) — retail dominated

Directional Strategy Fit

Option Buyers
Long Calls7.0
bullishIV fair, bullish flow
Long Puts4.0
bearishIV fair, bullish flow
Premium Sellers
Cash-Secured Put5.7
bullishIV fair, bullish flow
Covered Call3.8
bearishIV fair, bullish flow

For educational purposes only. Not investment advice.

The Options Desk tracks the move options price into every US earnings report the week of Aug 31, 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.

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