TTWOTake-Two Interactive Software Inc
Options Analysis Report•SERVICES-PREPACKAGED SOFTWARE
Market Cap $40.5B|NASDAQ
● 2026-05-29$224.16
NEUTRAL
Analysis: 2026-05-28 EOD data
1Y -0.9%YTD -10.9%7D -1.5%
Options Vol
7,121
30D
Implied Move
±10.9%
IV Rank
27%
TTWO Options Overview
Mixed signals. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
Loading score history...
Value
Is IV priced right?
6.8
ExpensiveCheap
Measures whether options are cheap, fair, or rich relative to historical and peer
IV
levels.Risk Checks6/9 checks passed
IV Rank
≤35%IV Rank 69.8% — elevated vs history
IV/HV Ratio
<1.05xIV/HV 1.08x — IV premium over HV
Sector Relative≤50%
Sector percentile 27% — below sector median
Term Structure
<1.1xFront/Back 0.81x — contango
Skew Normal
<1.25xPut/Call IV 1.16x — elevated
Absolute IV
<80%ATM IV 40.3% — normal range
Spread-Adjusted Value
<80%Effective IV 54.4% (ATM 40.3% + spread 7.1% + bias) — good value
Execution Efficiency
<3.0%Total drag 11.21% (spread 7.07% + slippage 4.14%) — high friction
Vega Efficiency
≥5.0Vega efficiency 83.86 (vega 59.292 / spread 7.07%) — efficient
Sentiment
Bullish or bearish?
5.2
BearishBullish
Analyzes
put/call ratios
, open interest skew
, and flow direction to determine market bias.Risk ChecksBearish - Strong signal (Conviction: -22%, Raw: -18%)
Flow Direction
|net sentiment| ≥25%Conviction-weighted: -22% (bearish) — Raw: -18%
OI Skew Magnitude
≥15%|OI skew| 23.6% — call-heavy
Volume-OI Alignment
Same sign, |vol skew| ≥10%Vol skew +13.3%, OI skew +23.6% — aligned
Conviction Quality
≥2/3 conditions0-DTE 22%, far-OTM 15%, avg DTE 30
OI Momentum
|change| ≥3%OI change +0.0% (5d) — stable
Smart Money Flow
|weighted flow| ≥20%ITM: +41%, ATM: +1%, OTM: -42% — strong bullish (ITM/ATM aligned)
Sector Relative≤40% or ≥60%
Sector P/C percentile 59% — bearish vs sector
Activity
Unusual activity?
3.3
QuietActive
Detects volume surges,
block trades
, and unusual options activity that may signal moves.Risk Checks1/9 checks passed
Volume Surge
≥1.5xVolume 0.5x avg — normal
Turnover Rate
≥15%Vol/OI 2.8% — 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 +39.5% (5d) — building
Sector Relative≥60%
Sector activity percentile 20% — quiet vs sector
Trade Quality
≥30%Large trade volume 22% — mixed
Execution Urgency
≥60%Aggressive execution 34% — patient
Flow Conviction
≥30Conviction -22 (bearish) — mixed
Liquidity
Can I trade efficiently?
5.3
IlliquidLiquid
Evaluates
bid-ask spreads
, volume depth, and open interest for trade execution quality.Risk Checks5/8 checks passed
Tradeable Spread
≤5.0%Spread 7.1% — wide
Adequate OI
≥10,000OI 255,099 — deep
Active Volume
≥500Volume 7,121/day — active
Reasonable Cost
≤$0.50$0.35 to cross — cheap
Strike Coverage
≥5 strikes0 liquid strikes — limited options
Sector Relative≤40%
Sector spread percentile 29% — tighter than sector
Order Book Depth
≥100 contractsDepth 131.4 contracts (bid:84.2 ask:47.2) — adequate
Execution Quality
<1.0%Avg slippage 4.14% — poor
Timing
Is now a good time?
6.9
RiskyFavorable
Considers earnings proximity,
time decay
, and event calendar for optimal entry timing.Risk Checks6/9 checks passed
Term Structure Clarity
|slope| ≥5%Slope -18.9% — contango
IV Percentile Clarity
<30 or >70IV percentile 70% — neutral
Event Detection
≥10pts kinkIV kink -3.2pts — no clear event
Theta/Vega Clarity
<0.5 or >2.0θ/ν ratio 661.74 — favors income trades
Expiration Distribution
≥3 expirations4 liquid expirations — flexible
Event Risk
≥60% (safe)safe window: No events detected
Spread Momentum
<1.2 ratioSpread ratio 1.00x — stable
Flow Momentum
≥25% strength + ≥50% consistencyFlow -22% @ 61% consistency — unclear
Smart Money Timing
≥40 composite scoreScore 52 (ITM 20% + inst 22%) — moderate institutional
Directional Strategy Fit
Option Buyers
Long Calls6.0
bullishIV cheap, mixed flow
Long Puts5.9
bearishIV cheap, mixed flow
Premium Sellers
Cash-Secured Put4.9
bullishIV too cheap, mixed flow
Covered Call4.7
bearishIV too cheap, mixed flow
For educational purposes only. Not investment advice.