Options/SAIC

SAICScience Applications International Corporation Common Stock

Options Analysis Report•SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN

Market Cap $5.3B|NASDAQ

● 2026-08-31$125.96

BEARISH

Analysis: 2026-08-28 EOD data

1Y +6.5%YTD +24.4%7D -0.7%

Options Vol

2,547

30D

Implied Move

±15.5%

IV Rank

25%

SAIC Options Overview

bearish flow with unusual activity. Conditions favor premium sellers.

REWARDS

RISK ANALYSIS

Snowflake Analysis

Favorable conditions for premium sellers

Learn

Loading score history...

SAIC Gamma Walls

Loading gamma walls...

Value

Is IV priced right?

4.6

ExpensiveCheap

Measures whether options are cheap, fair, or rich relative to historical and peer

levels.

Risk Checks4/9 checks passed

IV Rank

≤35%

IV Rank 67.5% — elevated vs history

IV/HV Ratio

<1.05x

IV/HV 1.82x — IV premium over HV

Sector Relative≤50%

Sector percentile 26% — below sector median

Term Structure

<1.1x

Front/Back 1.38x — backwardation

Skew Normal

<1.25x

Put/Call IV 1.16x — elevated

Absolute IV

<80%

ATM IV 43.0% — normal range

Spread-Adjusted Value

<80%

Effective IV 104.4% (ATM 43.0% + spread 30.7% + bias) — expensive

Execution Efficiency

<3.0%

Total drag 38.70% (spread 30.70% + slippage 8.00%) — high friction

Vega Efficiency

≥5.0

Vega efficiency 5.92 (vega 18.167 / spread 30.70%) — acceptable

Sentiment

Bullish or bearish?

3.2

BearishBullish

Analyzes

put/call ratios

open interest skew

, and flow direction to determine market bias.

Risk ChecksBearish - Strong signal (Conviction: -22%, Raw: -19%)

Flow Direction

|net sentiment| ≥25%

Conviction-weighted: -22% (bearish) — Raw: -19%

OI Skew Magnitude

≥15%

|OI skew| 73.8% — put-heavy

Volume-OI Alignment

Same sign, |vol skew| ≥10%

Vol skew -15.7%, OI skew -73.8% — aligned

Conviction Quality

≥2/3 conditions

0-DTE 0%, far-OTM 15%, avg DTE 30

OI Momentum

|change| ≥3%

OI change +0.0% (5d) — stable

Smart Money Flow

|weighted flow| ≥20%

ITM: -11%, ATM: -16%, OTM: -19% — bearish (ITM/ATM aligned)

Sector Relative≤40% or ≥60%

Sector P/C percentile 85% — very bearish vs sector

Activity

Unusual activity?

6.5

QuietActive

Detects volume surges,

block trades

, and unusual options activity that may signal moves.

Risk Checks3/8 checks passed

Volume Surge

≥1.5x

Volume 4.9x avg — hot

Turnover Rate

≥15%

Vol/OI 61.3% — high turnover

Multi-Day Persistence

≥2 days

1 day(s) elevated — may be one-day event

OI Build

≥5%

OI change +1.8% (5d) — stable

Sector Relative≥60%

Sector activity percentile 100% — very active vs sector

Trade Quality

≥30%

Large trade volume 17% — mixed

Execution Urgency

≥60%

Aggressive execution 22% — patient

Flow Conviction

≥30

Conviction -22 (bearish) — mixed

Liquidity

Can I trade efficiently?

2.7

IlliquidLiquid

Evaluates

bid-ask spreads

, volume depth, and open interest for trade execution quality.

Risk Checks1/8 checks passed

Tradeable Spread

≤5.0%

Spread 30.7% — wide

Adequate OI

≥10,000

OI 4,156 — thin

Active Volume

≥500

Volume 2,547/day — adequate

Reasonable Cost

≤$0.50

$1.53 to cross — expensive

Strike Coverage

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 55% — neutral vs sector

Order Book Depth

≥100 contracts

Depth 33.6 contracts (bid:15.6 ask:18.0) — thin

Execution Quality

<1.0%

Avg slippage 8.00% — poor

Timing

Is now a good time?

6.5

RiskyFavorable

Considers earnings proximity,

time decay

, and event calendar for optimal entry timing.

Risk Checks6/9 checks passed

Term Structure Clarity

|slope| ≥5%

Slope +38.4% — backwardation

IV Percentile Clarity

<30 or >70

IV percentile 68% — neutral

Event Detection

≥10pts kink

IV kink 13.4pts — event priced

Theta/Vega Clarity

<0.5 or >2.0

θ/ν ratio 224.56 — favors income trades

Expiration Distribution

≥3 expirations

4 liquid expirations — flexible

Event Risk

≥60% (safe)

HIGH RISK: Earnings in 0d (HIGH RISK)

Spread Momentum

<1.2 ratio

Spread ratio 1.00x — stable

Flow Momentum

≥25% strength + ≥50% consistency

Flow -22% @ 61% consistency — unclear

Smart Money Timing

≥40 composite score

Score 47 (ITM 20% + inst 17%) — moderate institutional

Directional Strategy Fit

Option Buyers

Long Calls4.1

bullishIV fair, bearish flow

Long Puts5.4

bearishIV fair, bearish flow

Premium Sellers

Cash-Secured Put4.3

bullishIV fair, bearish flow

Covered Call5.5

bearishIV fair, bearish flow

For educational purposes only. Not investment advice.

The Options Desk tracks the move options price into every US earnings report the week of Aug 31, 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.

More on SAIC

SAIC gamma walls SAIC max pain SAIC IV rank SAIC options flow