AInvestOption Pilot Program
Options/AAPW
A

AAPWRoundhill AAPL WeeklyPay ETF

Options Analysis Report
AUM $42M|BATS
● 2026-08-31$40.05
NEUTRAL
Analysis: 2026-08-28 EOD data
1Y +7.9%YTD -0.1%7D +3.7%
16
30D
±8.6%
0%

AAPW Options Overview

bullish flow. Conditions favor option buyers.

REWARDS

RISK ANALYSIS

5.6VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Favorable conditions for option buyers

Learn
Loading score history...

AAPW Gamma Walls

Loading gamma walls...

Value

Is IV priced right?

5.6
ExpensiveCheap

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

levels.

Risk Checks3/9 checks passed
≤35%

IV Rank 46.8% — elevated vs history

<1.05x

IV/HV 1.26x — IV premium over HV

Sector Relative≤50%

Sector percentile 67% — above sector median

<1.1x

Front/Back 0.94x — contango

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 30.7% — normal range

<80%

Effective IV 257.6% (ATM 30.7% + spread 113.5% + bias) — expensive

<3.0%

Total drag 133.67% (spread 113.46% + slippage 20.21%) — high friction

≥5.0

Vega efficiency 0.70 (vega 7.891 / spread 113.46%) — spread drag

Sentiment

Bullish or bearish?

7.3
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksVery Bullish - Moderate signal (Conviction: +82%, Raw: +82%)
|net sentiment| ≥25%

Conviction-weighted: +82% (strong bullish) — Raw: +82%

≥15%

|OI skew| 12.5% — balanced

Same sign, |vol skew| ≥10%

Vol skew -75.0%, OI skew +12.5% — 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: +0%, ATM: +71%, OTM: +100% — strong bullish (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 98% — very bearish vs sector

Activity

Unusual activity?

6.2
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks3/8 checks passed
≥1.5x

Volume 2.4x avg — hot

≥15%

Vol/OI 12.5% — normal turnover

≥2 days

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

≥5%

OI change +4.1% (5d) — building

Sector Relative≥60%

Sector activity percentile 87% — very active vs sector

≥30%

Large trade volume 0% — mostly retail

≥60%

Aggressive execution 25% — patient

≥30

Conviction +82 (bullish) — strong conviction

Liquidity

Can I trade efficiently?

2.1
IlliquidLiquid

Evaluates

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

Risk Checks1/8 checks passed
≤5.0%

Spread 113.5% — wide

≥10,000

OI 128 — thin

≥500

Volume 16/day — thin

≤$0.50

$5.67 to cross — expensive

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 75% — wider than sector

≥100 contracts

Depth 363.4 contracts (bid:202.2 ask:161.2) — adequate

<1.0%

Avg slippage 20.21% — poor

Timing

Is now a good time?

6.9
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

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

Slope -6.3% — contango

<30 or >70

IV percentile 47% — neutral

≥10pts kink

IV kink -0.9pts — no clear event

<0.5 or >2.0

θ/ν ratio 3156.36 — favors income trades

≥3 expirations

3 liquid expirations — flexible

≥60% (safe)

safe window: No earnings detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow +82% @ 89% consistency — STRONG directional (bullish)

≥40 composite score

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

Directional Strategy Fit

Option Buyers
Long Calls5.9
bullishIV fair, bullish flow
Long Puts4.3
bearishIV fair, bullish flow
Premium Sellers
Cash-Secured Put5.3
bullishIV fair, bullish flow
Covered Call3.7
bearishIV fair, bullish 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 AAPW

AAPW gamma wallsAAPW max painAAPW IV rankAAPW options flow