TET1 Energy Inc.
TE Options Overview
IV is elevated with unusual activity. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
TE Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 96.7% — elevated vs history
IV/HV 1.37x — IV premium over HV
Sector percentile 98% — above sector median
Front/Back 0.96x — contango
Put/Call IV 1.16x — elevated
ATM IV 116.0% — crisis-level IV
Effective IV 144.1% (ATM 116.0% + spread 14.0% + bias) — expensive
Total drag 21.05% (spread 14.03% + slippage 7.02%) — high friction
Vega efficiency 0.31 (vega 0.439 / spread 14.03%) — spread drag
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: -25% (bearish) — Raw: -36%
|OI skew| 46.6% — call-heavy
Vol skew +51.3%, OI skew +46.6% — aligned
0-DTE 13%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +32%, ATM: +14%, OTM: -50% — strong bullish (ITM/ATM aligned)
Sector P/C percentile 26% — very bullish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 0.7x avg — normal
Vol/OI 4.2% — normal turnover
1 day(s) elevated — may be one-day event
OI change +4.4% (5d) — building
Sector activity percentile 78% — active vs sector
Large trade volume 38% — institutional presence
Aggressive execution 35% — patient
Conviction -25 (bearish) — mixed
Liquidity
Can I trade efficiently?
Evaluates
Spread 14.0% — wide
OI 475,361 — deep
Volume 19,742/day — active
$0.70 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 99% — much wider than sector
Depth 3,071.0 contracts (bid:1,749.8 ask:1,321.2) — deep
Avg slippage 7.02% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -4.0% — flat/unclear
IV percentile 97% — seller opportunity
IV kink -3.7pts — no clear event
θ/ν ratio 39.91 — favors income trades
3 liquid expirations — flexible
caution advised: FOMC in 5d; CPI in 0d (HIGH)
Spread ratio 1.00x — stable
Flow -25% @ 62% consistency — moderate (bearish)
Score 68 (ITM 20% + inst 38%) — HIGH 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.