STMSTMicroelectronics N.V.
Options Analysis Report
Market Cap $44.0B|NYSE
● 2026-08-24$49.35
NEUTRAL
Analysis: 2026-08-21 EOD data
1Y +80.7%YTD +80.3%7D -5.6%
Options Vol
7,102
30D
Implied Move
±15.4%
IV Rank
8%
STM Options Overview
IV is elevated. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
Loading score history...
STM Gamma Walls
Loading gamma walls...
Value
Is IV priced right?
7.5
ExpensiveCheap
Measures whether options are cheap, fair, or rich relative to historical and peer
IV
levels.Risk Checks7/9 checks passed
IV Rank
≤35%IV Rank 75.6% — elevated vs history
IV/HV Ratio
<1.05xIV/HV 0.84x — IV ≤ HV
Sector Relative≤50%
Sector percentile 41% — below sector median
Term Structure
<1.1xFront/Back 0.87x — contango
Skew Normal
<1.25xPut/Call IV 1.16x — elevated
Absolute IV
<80%ATM IV 51.6% — normal range
Spread-Adjusted Value
<80%Effective IV 63.5% (ATM 51.6% + spread 5.9% + bias) — good value
Execution Efficiency
<3.0%Total drag 8.96% (spread 5.94% + slippage 3.02%) — high friction
Vega Efficiency
≥5.0Vega efficiency 11.34 (vega 6.737 / spread 5.94%) — efficient
Sentiment
Bullish or bearish?
7.1
BearishBullish
Analyzes
put/call ratios
, open interest skew
, and flow direction to determine market bias.Risk ChecksBullish - Strong signal (Conviction: +17%, Raw: +5%)
Flow Direction
|net sentiment| ≥25%Conviction-weighted: +17% (bullish) — Raw: +5%
OI Skew Magnitude
≥15%|OI skew| 17.2% — call-heavy
Volume-OI Alignment
Same sign, |vol skew| ≥10%Vol skew +36.0%, OI skew +17.2% — aligned
Conviction Quality
≥2/3 conditions0-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: -1%, ATM: +46%, OTM: -10% — bullish (ITM/ATM divergent)
Sector Relative≤40% or ≥60%
Sector P/C percentile 53% — neutral vs sector
Activity
Unusual activity?
2.5
QuietActive
Detects volume surges,
block trades
, and unusual options activity that may signal moves.Risk Checks0/8 checks passed
Volume Surge
≥1.5xVolume 0.4x avg — normal
Turnover Rate
≥15%Vol/OI 1.7% — normal turnover
Multi-Day Persistence
≥2 days1 day(s) elevated — may be one-day event
OI Build
≥5%OI change +3.6% (5d) — building
Sector Relative≥60%
Sector activity percentile 29% — below sector avg
Trade Quality
≥30%Large trade volume 11% — mostly retail
Execution Urgency
≥60%Aggressive execution 50% — patient
Flow Conviction
≥30Conviction +17 (bullish) — mixed
Liquidity
Can I trade efficiently?
5.4
IlliquidLiquid
Evaluates
bid-ask spreads
, volume depth, and open interest for trade execution quality.Risk Checks4/8 checks passed
Tradeable Spread
≤5.0%Spread 5.9% — wide
Adequate OI
≥10,000OI 419,059 — deep
Active Volume
≥500Volume 7,102/day — active
Reasonable Cost
≤$0.50$0.30 to cross — cheap
Strike Coverage
≥5 strikes2 liquid strikes — limited options
Sector Relative≤40%
Sector spread percentile 65% — wider than sector
Order Book Depth
≥100 contractsDepth 329.9 contracts (bid:130.9 ask:199.0) — adequate
Execution Quality
<1.0%Avg slippage 3.02% — poor
Timing
Is now a good time?
7.2
RiskyFavorable
Considers earnings proximity,
time decay
, and event calendar for optimal entry timing.Risk Checks7/9 checks passed
Term Structure Clarity
|slope| ≥5%Slope -12.8% — contango
IV Percentile Clarity
<30 or >70IV percentile 76% — seller opportunity
Event Detection
≥10pts kinkIV kink -5.8pts — no clear event
Theta/Vega Clarity
<0.5 or >2.0θ/ν ratio 157.04 — favors income trades
Expiration Distribution
≥3 expirations5 liquid expirations — flexible
Event Risk
≥60% (safe)safe window: No earnings detected
Spread Momentum
<1.2 ratioSpread ratio 1.00x — stable
Flow Momentum
≥25% strength + ≥50% consistencyFlow +17% @ 58% consistency — unclear
Smart Money Timing
≥40 composite scoreScore 41 (ITM 20% + inst 11%) — moderate institutional
Directional Strategy Fit
Option Buyers
Long Calls7.0
bullishIV cheap, bullish flow
Long Puts5.5
bearishIV cheap, bullish flow
Premium Sellers
Cash-Secured Put5.4
bullishIV too cheap, bullish flow
Covered Call3.9
bearishIV too cheap, bullish flow
For educational purposes only. Not investment advice.