SYMSymbotic Inc. Class A Common Stock
SYM Options Overview
IV is elevated. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
SYM Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 80.9% — elevated vs history
IV/HV 1.33x — IV premium over HV
Sector percentile 81% — above sector median
Front/Back 0.85x — contango
Put/Call IV 1.16x — elevated
ATM IV 59.8% — normal range
Effective IV 98.3% (ATM 59.8% + spread 19.3% + bias) — expensive
Total drag 24.77% (spread 19.26% + slippage 5.51%) — high friction
Vega efficiency 1.70 (vega 3.265 / spread 19.26%) — spread drag
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: -1% (neutral) — Raw: +1%
|OI skew| 27.9% — call-heavy
Vol skew +3.2%, OI skew +27.9% — weak (same direction)
0-DTE 24%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +3%, ATM: +30%, OTM: -7% — bullish (ITM/ATM aligned)
Sector P/C percentile 49% — neutral vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 0.5x avg — normal
Vol/OI 3.5% — normal turnover
1 day(s) elevated — may be one-day event
OI change +2.4% (5d) — building
Sector activity percentile 74% — active vs sector
Large trade volume 0% — mostly retail
Aggressive execution 18% — patient
Conviction -1 (bearish) — mixed
Liquidity
Can I trade efficiently?
Evaluates
Spread 19.3% — wide
OI 67,540 — deep
Volume 2,336/day — adequate
$0.96 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 89% — much wider than sector
Depth 183.7 contracts (bid:78.7 ask:105.0) — adequate
Avg slippage 5.51% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -15.4% — contango
IV percentile 81% — seller opportunity
IV kink -6.2pts — no clear event
θ/ν ratio 50.78 — favors income trades
5 liquid expirations — flexible
caution advised: FOMC in 5d; CPI in 0d (HIGH)
Spread ratio 1.00x — stable
Flow -1% @ 50% consistency — unclear
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.