PODDInsulet Corporation
PODD Options Overview
IV is elevated with bearish flow. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
PODD Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 82.9% — elevated vs history
IV/HV 1.21x — IV premium over HV
Sector percentile 91% — above sector median
Front/Back 0.98x — contango
Put/Call IV 1.16x — elevated
ATM IV 45.8% — normal range
Effective IV 88.3% (ATM 45.8% + spread 21.2% + bias) — expensive
Total drag 27.97% (spread 21.25% + slippage 6.72%) — high friction
Vega efficiency 3.75 (vega 7.961 / spread 21.25%) — spread drag
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: -43% (strong bearish) — Raw: -34%
|OI skew| 7.8% — balanced
Vol skew -15.3%, OI skew -7.8% — aligned
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +4%, ATM: -4%, OTM: -43% — neutral (ITM/ATM divergent)
Sector P/C percentile 71% — very bearish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 0.3x avg — normal
Vol/OI 1.9% — normal turnover
1 day(s) elevated — may be one-day event
OI change +9.4% (5d) — building
Sector activity percentile 32% — below sector avg
Large trade volume 0% — mostly retail
Aggressive execution 16% — patient
Conviction -43 (bearish) — moderate
Liquidity
Can I trade efficiently?
Evaluates
Spread 21.2% — wide
OI 12,088 — adequate
Volume 236/day — thin
$1.06 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 92% — much wider than sector
Depth 62.0 contracts (bid:28.5 ask:33.5) — thin
Avg slippage 6.72% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -1.8% — flat/unclear
IV percentile 83% — seller opportunity
IV kink -1.1pts — no clear event
θ/ν ratio 33.58 — favors income trades
3 liquid expirations — flexible
caution advised: FOMC in 5d; CPI in 0d (HIGH)
Spread ratio 1.00x — stable
Flow -43% @ 72% consistency — STRONG directional (bearish)
Score 30 (ITM 20% + inst 0%) — retail dominated
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.