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 0.96x — contango
Put/Call IV 1.00x — normal
ATM IV 0.0% — normal range
Effective IV 75.4% (ATM 0.0% + spread 37.7% + bias) — fair
Total drag 49.34% (spread 37.69% + slippage 11.65%) — high friction
Vega efficiency 0.00 (vega 0.000 / spread 37.69%) — spread drag
Bullish or bearish?
Analyzes
Conviction-weighted: +36% (strong bullish) — Raw: +37%
|OI skew| 32.0% — call-heavy
Vol skew +68.3%, OI skew +32.0% — aligned
0-DTE 9%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +0%, ATM: -100%, OTM: +49% — strong bearish (ITM/ATM divergent)
Sector P/C percentile 35% — bullish vs sector
Unusual activity?
Detects volume surges,
Volume 1.1x avg — normal
Vol/OI 1.6% — normal turnover
Top 3 strikes = 50% — dispersed
1 day(s) elevated — may be one-day event
OI change +1.6% (5d) — stable
Sector activity percentile 24% — below sector avg
Large trade volume 0% — mostly retail
Aggressive execution 19% — patient
Conviction +36 (bullish) — moderate
Can I trade efficiently?
Evaluates
Spread 37.7% — wide
OI 20,048 — adequate
Volume 315/day — thin
$1.88 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 0% — much tighter than sector
Depth 185.8 contracts (bid:95.5 ask:90.3) — adequate
Avg slippage 11.65% — poor
Is now a good time?
Considers earnings proximity,
Slope -4.0% — flat/unclear
IV percentile 50% — neutral
IV kink -0.2pts — 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 +36% @ 68% consistency — moderate (bullish)
Score 30 (ITM 20% + inst 0%) — retail dominated
For educational purposes only. Not investment advice.