bullish flow. No clear edge detected.
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 50.0% — elevated vs history
IV/HV 1.00x — IV ≤ HV
Sector percentile 50% — below sector median
Front/Back 1.00x — flat
Put/Call IV 1.00x — normal
ATM IV 0.0% — normal range
Effective IV 74.7% (ATM 0.0% + spread 37.4% + bias) — fair
Total drag 47.13% (spread 37.37% + slippage 9.76%) — high friction
Vega efficiency 0.00 (vega 0.000 / spread 37.37%) — spread drag
Bullish or bearish?
Analyzes
Conviction-weighted: -52% (strong bearish) — Raw: -39%
|OI skew| 44.8% — call-heavy
Vol skew +81.3%, OI skew +44.8% — aligned
0-DTE 6%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: -68%, ATM: +0%, OTM: +4% — strong bearish (ITM/ATM divergent)
Sector P/C percentile 23% — very bullish vs sector
Unusual activity?
Detects volume surges,
Volume 0.3x avg — normal
Vol/OI 0.7% — normal turnover
Top 3 strikes = 50% — dispersed
1 day(s) elevated — may be one-day event
OI change +0.1% (5d) — stable
Sector activity percentile 24% — below sector avg
Large trade volume 0% — mostly retail
Aggressive execution 59% — patient
Conviction -52 (bearish) — strong conviction
Can I trade efficiently?
Evaluates
Spread 37.4% — wide
OI 31,935 — adequate
Volume 214/day — thin
$1.87 to cross — expensive
1 liquid strikes — limited options
Sector spread percentile 0% — much tighter than sector
Depth 280.29999999999995 contracts (bid:149.1 ask:131.2) — adequate
Avg slippage 9.76% — poor
Is now a good time?
Considers earnings proximity,
Slope +0.0% — flat/unclear
IV percentile 50% — neutral
IV kink 0.0pts — no clear event
θ/ν ratio 1.00 — favors mixed
3 liquid expirations — flexible
safe window: No earnings detected
Spread ratio 1.00x — stable
Flow -52% @ 76% consistency — STRONG directional (bearish)
Score 30 (ITM 20% + inst 0%) — retail dominated
For educational purposes only. Not investment advice.