ARCCAres Capital Corporation
Options Analysis Report
Market Cap $13.7B|NASDAQ
● 2026-04-17$19.09
BEARISH
Analysis: 2026-04-16 EOD data
1Y -4.1%YTD -6.6%7D +5.5%
Options Vol
6,782
30D
Implied Move
±6.8%
IV Rank
33%
ARCC Options Overview
IV is low with bearish flow. Conditions favor option buyers.
REWARDS
RISK ANALYSIS
Loading score history...
Value
Is IV priced right?
6.7
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 20.4% — cheap vs history
IV/HV Ratio
<1.05xIV/HV 1.18x — IV premium over HV
Sector Relative≤50%
Sector percentile 31% — below sector median
Term Structure
<1.1xFront/Back 0.88x — contango
Skew Normal
<1.25xPut/Call IV 1.16x — elevated
Absolute IV
<80%ATM IV 28.0% — normal range
Spread-Adjusted Value
<80%Effective IV 69.4% (ATM 28.0% + spread 20.7% + bias) — fair
Execution Efficiency
<3.0%Total drag 28.31% (spread 20.72% + slippage 7.59%) — high friction
Vega Efficiency
≥5.0Vega efficiency 1.01 (vega 2.102 / spread 20.72%) — spread drag
Sentiment
Bullish or bearish?
2.2
BearishBullish
Analyzes
put/call ratios
, open interest skew
, and flow direction to determine market bias.Risk ChecksVery Bearish - Strong signal (Conviction: -38%, Raw: -47%)
Flow Direction
|net sentiment| ≥25%Conviction-weighted: -38% (strong bearish) — Raw: -47%
OI Skew Magnitude
≥15%|OI skew| 28.8% — put-heavy
Volume-OI Alignment
Same sign, |vol skew| ≥10%Vol skew -40.6%, OI skew -28.8% — aligned
Conviction Quality
≥2/3 conditions0-DTE 4%, far-OTM 15%, avg DTE 30
OI Momentum
|change| ≥3%OI change +0.0% (5d) — stable
Smart Money Flow
|weighted flow| ≥20%ITM: -54%, ATM: -20%, OTM: -52% — strong bearish (ITM/ATM aligned)
Sector Relative≤40% or ≥60%
Sector P/C percentile 92% — very bearish vs sector
Activity
Unusual activity?
4.6
QuietActive
Detects volume surges,
block trades
, and unusual options activity that may signal moves.Risk Checks2/9 checks passed
Volume Surge
≥1.5xVolume 0.8x avg — normal
Turnover Rate
≥15%Vol/OI 3.2% — 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 +4.6% (5d) — building
Sector Relative≥60%
Sector activity percentile 50% — neutral vs sector
Trade Quality
≥30%Large trade volume 66% — heavy institutional
Execution Urgency
≥60%Aggressive execution 47% — patient
Flow Conviction
≥30Conviction -38 (bearish) — moderate
Liquidity
Can I trade efficiently?
3.9
IlliquidLiquid
Evaluates
bid-ask spreads
, volume depth, and open interest for trade execution quality.Risk Checks3/8 checks passed
Tradeable Spread
≤5.0%Spread 20.7% — wide
Adequate OI
≥10,000OI 213,478 — deep
Active Volume
≥500Volume 6,782/day — active
Reasonable Cost
≤$0.50$1.04 to cross — expensive
Strike Coverage
≥5 strikes0 liquid strikes — limited options
Sector Relative≤40%
Sector spread percentile 43% — neutral vs sector
Order Book Depth
≥100 contractsDepth 818.1 contracts (bid:408.5 ask:409.6) — deep
Execution Quality
<1.0%Avg slippage 7.59% — poor
Timing
Is now a good time?
8.0
RiskyFavorable
Considers earnings proximity,
time decay
, and event calendar for optimal entry timing.Risk Checks8/9 checks passed
Term Structure Clarity
|slope| ≥5%Slope -12.2% — contango
IV Percentile Clarity
<30 or >70IV percentile 20% — buyer opportunity
Event Detection
≥10pts kinkIV kink -2.9pts — no clear event
Theta/Vega Clarity
<0.5 or >2.0θ/ν ratio 225.98 — favors income trades
Expiration Distribution
≥3 expirations3 liquid expirations — flexible
Event Risk
≥60% (safe)acceptable: Earnings in 11d
Spread Momentum
<1.2 ratioSpread ratio 1.00x — stable
Flow Momentum
≥25% strength + ≥50% consistencyFlow -38% @ 69% consistency — moderate (bearish)
Smart Money Timing
≥40 composite scoreScore 96 (ITM 20% + inst 66%) — HIGH institutional
Directional Strategy Fit
Option Buyers
Long Calls4.9
bullishIV cheap, bearish flow
Long Puts7.4
bearishIV cheap, bearish flow
Premium Sellers
Cash-Secured Put3.7
bullishIV too cheap, bearish flow
Covered Call5.7
bearishIV too cheap, bearish flow
For educational purposes only. Not investment advice.