AInvestOption Pilot Program
Options/TKO
TKO logo

TKOTKO Group Holdings, Inc.

Options Analysis Report•SERVICES-AMUSEMENT & RECREATION SERVICES
Market Cap $13.5B|NYSE
● 2026-08-31$184.64
NEUTRAL
Analysis: 2026-08-28 EOD data
1Y -0.4%YTD -10.8%7D -4.5%
418
30D
±8.9%
20%

TKO Options Overview

Mixed signals. Conditions favor premium sellers.

REWARDS

RISK ANALYSIS

5.4VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Balanced conditions with no clear edge

Learn
Loading score history...

TKO Gamma Walls

Loading gamma walls...

Value

Is IV priced right?

6.0
ExpensiveCheap

Measures whether options are cheap, fair, or rich relative to historical and peer

levels.

Risk Checks6/9 checks passed
≤35%

IV Rank 68.0% — elevated vs history

<1.05x

IV/HV 1.05x — IV ≤ HV

Sector Relative≤50%

Sector percentile 71% — above sector median

<1.1x

Front/Back 0.87x — contango

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 34.6% — normal range

<80%

Effective IV 59.9% (ATM 34.6% + spread 12.7% + bias) — good value

<3.0%

Total drag 14.50% (spread 12.66% + slippage 1.84%) — high friction

≥5.0

Vega efficiency 13.85 (vega 17.531 / spread 12.66%) — efficient

Sentiment

Bullish or bearish?

5.9
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksVery Bullish - Strong signal (Conviction: +43%, Raw: +44%)
|net sentiment| ≥25%

Conviction-weighted: +43% (strong bullish) — Raw: +44%

≥15%

|OI skew| 43.0% — call-heavy

Same sign, |vol skew| ≥10%

Vol skew -74.6%, OI skew +43.0% — divergent (opposite)

≥2/3 conditions

0-DTE 0%, far-OTM 15%, avg DTE 30

|change| ≥3%

OI change +0.0% (5d) — stable

|weighted flow| ≥20%

ITM: +71%, ATM: +46%, OTM: +43% — strong bullish (ITM/ATM aligned)

Sector Relative≤40% or ≥60%

Sector P/C percentile 94% — very bearish vs sector

Activity

Unusual activity?

5.1
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks3/8 checks passed
≥1.5x

Volume 1.4x avg — normal

≥15%

Vol/OI 5.0% — normal turnover

≥2 days

1 day(s) elevated — may be one-day event

≥5%

OI change +6.5% (5d) — building

Sector Relative≥60%

Sector activity percentile 76% — active vs sector

≥30%

Large trade volume 0% — mostly retail

≥60%

Aggressive execution 7% — patient

≥30

Conviction +43 (bullish) — moderate

Liquidity

Can I trade efficiently?

3.0
IlliquidLiquid

Evaluates

, volume depth, and open interest for trade execution quality.

Risk Checks0/8 checks passed
≤5.0%

Spread 12.7% — wide

≥10,000

OI 8,351 — thin

≥500

Volume 418/day — thin

≤$0.50

$0.63 to cross — expensive

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 76% — wider than sector

≥100 contracts

Depth 34.2 contracts (bid:14.0 ask:20.2) — thin

<1.0%

Avg slippage 1.84% — fair

Timing

Is now a good time?

7.1
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks6/9 checks passed
|slope| ≥5%

Slope -13.2% — contango

<30 or >70

IV percentile 68% — neutral

≥10pts kink

IV kink -2.7pts — no clear event

<0.5 or >2.0

θ/ν ratio 165.39 — favors income trades

≥3 expirations

3 liquid expirations — flexible

≥60% (safe)

safe window: No events detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow +43% @ 71% consistency — STRONG directional (bullish)

≥40 composite score

Score 30 (ITM 20% + inst 0%) — retail dominated

Directional Strategy Fit

Option Buyers
Long Calls5.7
bullishIV cheap, mixed flow
Long Puts5.1
bearishIV cheap, mixed flow
Premium Sellers
Cash-Secured Put4.9
bullishIV too cheap, mixed flow
Covered Call4.3
bearishIV too cheap, mixed flow

For educational purposes only. Not investment advice.

The Options Desk tracks the move options price into every US earnings report the week of Aug 31, 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.

More on TKO

TKO gamma wallsTKO max painTKO IV rankTKO options flow