TTMITTM Technologies Inc
TTMI Options Overview
IV is elevated with bearish flow. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
TTMI Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 92.1% — elevated vs history
IV/HV 1.10x — IV premium over HV
Sector percentile 89% — above sector median
Front/Back 0.91x — contango
Put/Call IV 1.16x — elevated
ATM IV 83.3% — crisis-level IV
Effective IV 109.4% (ATM 83.3% + spread 13.0% + bias) — expensive
Total drag 18.71% (spread 13.04% + slippage 5.67%) — high friction
Vega efficiency 18.71 (vega 24.398 / spread 13.04%) — efficient
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: -26% (bearish) — Raw: -23%
|OI skew| 31.6% — call-heavy
Vol skew -53.6%, OI skew +31.6% — divergent (opposite)
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +6%, ATM: -65%, OTM: -24% — bearish (ITM/ATM divergent)
Sector P/C percentile 94% — very bearish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 0.4x avg — normal
Vol/OI 2.9% — normal turnover
1 day(s) elevated — may be one-day event
OI change +4.2% (5d) — building
Sector activity percentile 62% — active vs sector
Large trade volume 22% — mixed
Aggressive execution 43% — patient
Conviction -26 (bearish) — mixed
Liquidity
Can I trade efficiently?
Evaluates
Spread 13.0% — wide
OI 51,640 — deep
Volume 1,512/day — adequate
$0.65 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 93% — much wider than sector
Depth 59.5 contracts (bid:27.1 ask:32.4) — thin
Avg slippage 5.67% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -9.4% — contango
IV percentile 92% — seller opportunity
IV kink -5.5pts — no clear event
θ/ν ratio 206.24 — favors income trades
4 liquid expirations — flexible
caution advised: FOMC in 5d; CPI in 0d (HIGH)
Spread ratio 1.00x — stable
Flow -26% @ 63% consistency — moderate (bearish)
Score 52 (ITM 20% + inst 22%) — 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.