STNGScorpio Tankers Inc.
STNG Options Overview
bullish flow. No clear edge detected.
REWARDS
RISK ANALYSIS
STNG Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 57.7% — elevated vs history
IV/HV 1.46x — IV premium over HV
Sector percentile 50% — below sector median
Front/Back 0.99x — contango
Put/Call IV 1.16x — elevated
ATM IV 39.2% — normal range
Effective IV 69.2% (ATM 39.2% + spread 15.0% + bias) — fair
Total drag 18.73% (spread 14.99% + slippage 3.74%) — high friction
Vega efficiency 16.99 (vega 25.476 / spread 14.99%) — efficient
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: -40% (strong bearish) — Raw: -24%
|OI skew| 2.8% — balanced
Vol skew +82.6%, OI skew +2.8% — aligned
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: -56%, ATM: +47%, OTM: -34% — bearish (ITM/ATM divergent)
Sector P/C percentile 17% — very bullish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 0.8x avg — normal
Vol/OI 3.0% — normal turnover
1 day(s) elevated — may be one-day event
OI change +3.0% (5d) — building
Sector activity percentile 61% — active vs sector
Large trade volume 10% — mostly retail
Aggressive execution 34% — patient
Conviction -40 (bearish) — moderate
Liquidity
Can I trade efficiently?
Evaluates
Spread 15.0% — wide
OI 31,317 — adequate
Volume 952/day — adequate
$0.75 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 67% — wider than sector
Depth 94.1 contracts (bid:51.7 ask:42.4) — thin
Avg slippage 3.74% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -1.3% — flat/unclear
IV percentile 58% — neutral
IV kink 0.1pts — no clear event
θ/ν ratio 1039.82 — favors income trades
3 liquid expirations — flexible
caution advised: FOMC in 5d; CPI in 0d (HIGH)
Spread ratio 1.00x — stable
Flow -40% @ 70% consistency — STRONG directional (bearish)
Score 40 (ITM 20% + inst 10%) — moderate 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.