RCATRed Cat Holdings, Inc. Common Stock
RCAT Options Overview
IV is elevated. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
RCAT Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 93.5% — elevated vs history
IV/HV 1.29x — IV premium over HV
Sector percentile 93% — above sector median
Front/Back 0.87x — contango
Put/Call IV 1.16x — elevated
ATM IV 89.2% — crisis-level IV
Effective IV 109.5% (ATM 89.2% + spread 10.2% + bias) — expensive
Total drag 16.36% (spread 10.15% + slippage 6.21%) — high friction
Vega efficiency 0.47 (vega 0.472 / spread 10.15%) — spread drag
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: -29% (bearish) — Raw: -28%
|OI skew| 47.8% — call-heavy
Vol skew +56.4%, OI skew +47.8% — aligned
0-DTE 51%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: -6%, ATM: -7%, OTM: -37% — neutral (ITM/ATM aligned)
Sector P/C percentile 26% — very bullish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 0.7x avg — normal
Vol/OI 4.2% — normal turnover
1 day(s) elevated — may be one-day event
OI change +1.6% (5d) — stable
Sector activity percentile 71% — active vs sector
Large trade volume 37% — institutional presence
Aggressive execution 46% — patient
Conviction -29 (bearish) — mixed
Liquidity
Can I trade efficiently?
Evaluates
Spread 10.2% — wide
OI 290,963 — deep
Volume 12,371/day — active
$0.51 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 96% — much wider than sector
Depth 713.4 contracts (bid:406.7 ask:306.7) — deep
Avg slippage 6.21% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -12.7% — contango
IV percentile 94% — seller opportunity
IV kink -2.4pts — no clear event
θ/ν ratio 15.90 — favors income trades
5 liquid expirations — flexible
caution advised: No earnings detected; FOMC in 5d; CPI in 0d (HIGH)
Spread ratio 1.00x — stable
Flow -29% @ 64% consistency — moderate (bearish)
Score 67 (ITM 20% + inst 37%) — 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.