TOSTToast, Inc.
Options Analysis Report•SERVICES-COMPUTER PROCESSING & DATA PREPARATION
Market Cap $13.4B|NYSE
● 2026-05-15$23.07
NEUTRAL
Analysis: 2026-05-14 EOD data
1Y -49.0%YTD -32.2%7D -7.9%
Options Vol
25,025
30D
Implied Move
±14.9%
IV Rank
26%
TOST Options Overview
unusual activity. No clear edge detected.
REWARDS
RISK ANALYSIS
Loading score history...
Value
Is IV priced right?
7.4
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 67.3% — elevated vs history
IV/HV Ratio
<1.05xIV/HV 0.77x — IV ≤ HV
Sector Relative≤50%
Sector percentile 32% — below sector median
Term Structure
<1.1xFront/Back 0.94x — contango
Skew Normal
<1.25xPut/Call IV 1.16x — elevated
Absolute IV
<80%ATM IV 54.9% — normal range
Spread-Adjusted Value
<80%Effective IV 73.3% (ATM 54.9% + spread 9.2% + bias) — fair
Execution Efficiency
<3.0%Total drag 13.98% (spread 9.19% + slippage 4.79%) — high friction
Vega Efficiency
≥5.0Vega efficiency 7.87 (vega 7.236 / spread 9.19%) — efficient
Sentiment
Bullish or bearish?
5.7
BearishBullish
Analyzes
put/call ratios
, open interest skew
, and flow direction to determine market bias.Risk ChecksNeutral - Moderate signal (Conviction: +0%, Raw: -1%)
Flow Direction
|net sentiment| ≥25%Conviction-weighted: +0% (neutral) — Raw: -1%
OI Skew Magnitude
≥15%|OI skew| 24.3% — call-heavy
Volume-OI Alignment
Same sign, |vol skew| ≥10%Vol skew +11.3%, OI skew +24.3% — aligned
Conviction Quality
≥2/3 conditions0-DTE 12%, far-OTM 15%, avg DTE 30
OI Momentum
|change| ≥3%OI change +0.0% (5d) — stable
Smart Money Flow
|weighted flow| ≥20%ITM: -20%, ATM: -2%, OTM: +2% — bearish (ITM/ATM aligned)
Sector Relative≤40% or ≥60%
Sector P/C percentile 73% — very bearish vs sector
Activity
Unusual activity?
5.1
QuietActive
Detects volume surges,
block trades
, and unusual options activity that may signal moves.Risk Checks2/9 checks passed
Volume Surge
≥1.5xVolume 1.4x avg — normal
Turnover Rate
≥15%Vol/OI 7.1% — normal turnover
Strike Concentration
≥60%Top 3 strikes = 50% — dispersed
Multi-Day Persistence
≥2 days1 day(s) elevated — may be one-day event
OI Build
≥5%OI change +18.2% (5d) — building
Sector Relative≥60%
Sector activity percentile 67% — active vs sector
Trade Quality
≥30%Large trade volume 21% — mixed
Execution Urgency
≥60%Aggressive execution 51% — patient
Flow Conviction
≥30Conviction +0 (bullish) — mixed
Liquidity
Can I trade efficiently?
4.5
IlliquidLiquid
Evaluates
bid-ask spreads
, volume depth, and open interest for trade execution quality.Risk Checks4/8 checks passed
Tradeable Spread
≤5.0%Spread 9.2% — wide
Adequate OI
≥10,000OI 352,944 — deep
Active Volume
≥500Volume 25,025/day — active
Reasonable Cost
≤$0.50$0.46 to cross — cheap
Strike Coverage
≥5 strikes0 liquid strikes — limited options
Sector Relative≤40%
Sector spread percentile 62% — wider than sector
Order Book Depth
≥100 contractsDepth 568.1 contracts (bid:304.6 ask:263.5) — deep
Execution Quality
<1.0%Avg slippage 4.79% — poor
Timing
Is now a good time?
7.0
RiskyFavorable
Considers earnings proximity,
time decay
, and event calendar for optimal entry timing.Risk Checks6/9 checks passed
Term Structure Clarity
|slope| ≥5%Slope -6.2% — contango
IV Percentile Clarity
<30 or >70IV percentile 67% — neutral
Event Detection
≥10pts kinkIV kink 1.0pts — no clear event
Theta/Vega Clarity
<0.5 or >2.0θ/ν ratio 769.81 — 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 +0% @ 50% consistency — unclear
Smart Money Timing
≥40 composite scoreScore 51 (ITM 20% + inst 21%) — moderate institutional
Directional Strategy Fit
Option Buyers
Long Calls6.3
bullishIV cheap, mixed flow
Long Puts5.8
bearishIV cheap, mixed flow
Premium Sellers
Cash-Secured Put4.7
bullishIV too cheap, mixed flow
Covered Call4.3
bearishIV too cheap, mixed flow
For educational purposes only. Not investment advice.