RRXRegal Rexnord Corporation
RRX Options Overview
IV is elevated. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
RRX Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 70.1% — elevated vs history
IV/HV 1.75x — IV premium over HV
Sector percentile 68% — above sector median
Front/Back 0.97x — contango
Put/Call IV 1.16x — elevated
ATM IV 48.5% — normal range
Effective IV 77.5% (ATM 48.5% + spread 14.5% + bias) — fair
Total drag 21.29% (spread 14.48% + slippage 6.81%) — high friction
Vega efficiency 27.90 (vega 40.398 / spread 14.48%) — efficient
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: +50% (strong bullish) — Raw: +46%
|OI skew| 4.5% — balanced
Vol skew -34.2%, OI skew -4.5% — aligned
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +64%, ATM: -67%, OTM: +48% — bullish (ITM/ATM divergent)
Sector P/C percentile 83% — very bearish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 0.6x avg — normal
Vol/OI 1.7% — normal turnover
1 day(s) elevated — may be one-day event
OI change +1.0% (5d) — stable
Sector activity percentile 57% — neutral vs sector
Large trade volume 0% — mostly retail
Aggressive execution 16% — patient
Conviction +50 (bullish) — strong conviction
Liquidity
Can I trade efficiently?
Evaluates
Spread 14.5% — wide
OI 13,191 — adequate
Volume 222/day — thin
$0.72 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 81% — much wider than sector
Depth 48.0 contracts (bid:27.7 ask:20.3) — thin
Avg slippage 6.81% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -3.1% — flat/unclear
IV percentile 70% — seller opportunity
IV kink -0.5pts — no clear event
θ/ν ratio 594.96 — favors income trades
4 liquid expirations — flexible
caution advised: FOMC in 5d; CPI in 0d (HIGH)
Spread ratio 1.00x — stable
Flow +50% @ 75% consistency — STRONG directional (bullish)
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.