SLGSL Green Realty Corp.
SLG Options Overview
Mixed signals. No clear edge detected.
REWARDS
RISK ANALYSIS
SLG Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 55.4% — elevated vs history
IV/HV 1.22x — IV premium over HV
Sector percentile 78% — above sector median
Front/Back 0.84x — contango
Put/Call IV 1.16x — elevated
ATM IV 38.0% — normal range
Effective IV 104.6% (ATM 38.0% + spread 33.3% + bias) — expensive
Total drag 47.62% (spread 33.31% + slippage 14.31%) — high friction
Vega efficiency 4.02 (vega 13.394 / spread 33.31%) — spread drag
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: +73% (strong bullish) — Raw: +65%
|OI skew| 3.1% — balanced
Vol skew -9.8%, OI skew +3.1% — divergent (opposite)
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +33%, ATM: +67%, OTM: +65% — strong bullish (ITM/ATM aligned)
Sector P/C percentile 73% — very bearish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 0.3x avg — normal
Vol/OI 0.2% — normal turnover
1 day(s) elevated — may be one-day event
OI change +1.8% (5d) — stable
Sector activity percentile 15% — quiet vs sector
Large trade volume 0% — mostly retail
Aggressive execution 23% — patient
Conviction +73 (bullish) — strong conviction
Liquidity
Can I trade efficiently?
Evaluates
Spread 33.3% — wide
OI 51,243 — deep
Volume 122/day — thin
$1.67 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 91% — much wider than sector
Depth 93.8 contracts (bid:53.5 ask:40.3) — thin
Avg slippage 14.31% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -15.7% — contango
IV percentile 55% — neutral
IV kink -4.9pts — no clear event
θ/ν ratio 869.75 — favors income trades
4 liquid expirations — flexible
caution advised: FOMC in 5d; CPI in 0d (HIGH)
Spread ratio 1.00x — stable
Flow +73% @ 86% 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.