AInvestOption Pilot Program
Options/BHP
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BHPBHP Group Limited American Depositary Shares (Each representing two Ordinary Shares)

Options Analysis Report
Market Cap $241.8B|NYSE
● 2026-08-28$95.15
NEUTRAL
Analysis: 2026-08-27 EOD data
1Y +70.6%YTD +54.1%7D -1.9%
1,792
30D
±9.8%
29%

BHP Options Overview

Mixed signals. No clear edge detected.

REWARDS

RISK ANALYSIS

5.6VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Balanced conditions with no clear edge

Learn
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BHP Gamma Walls

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Value

Is IV priced right?

7.2
ExpensiveCheap

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

levels.

Risk Checks7/9 checks passed
≤35%

IV Rank 52.8% — elevated vs history

<1.05x

IV/HV 1.03x — IV ≤ HV

Sector Relative≤50%

Sector percentile 26% — below sector median

<1.1x

Front/Back 0.98x — contango

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 34.8% — normal range

<80%

Effective IV 44.8% (ATM 34.8% + spread 5.0% + bias) — excellent value

<3.0%

Total drag 9.37% (spread 4.99% + slippage 4.38%) — high friction

≥5.0

Vega efficiency 18.56 (vega 9.262 / spread 4.99%) — efficient

Sentiment

Bullish or bearish?

6.3
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksNeutral - Moderate signal (Conviction: +10%, Raw: +15%)
|net sentiment| ≥25%

Conviction-weighted: +10% (neutral) — Raw: +15%

≥15%

|OI skew| 4.2% — balanced

Same sign, |vol skew| ≥10%

Vol skew +22.5%, OI skew +4.2% — aligned

≥2/3 conditions

0-DTE 0%, far-OTM 15%, avg DTE 30

|change| ≥3%

OI change +0.0% (5d) — stable

|weighted flow| ≥20%

ITM: +8%, ATM: -52%, OTM: +26% — bearish (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 61% — bearish vs sector

Activity

Unusual activity?

2.2
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks0/8 checks passed
≥1.5x

Volume 0.4x avg — normal

≥15%

Vol/OI 1.1% — normal turnover

≥2 days

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

≥5%

OI change -11.7% (5d) — unwinding

Sector Relative≥60%

Sector activity percentile 36% — below sector avg

≥30%

Large trade volume 0% — mostly retail

≥60%

Aggressive execution 53% — patient

≥30

Conviction +10 (bullish) — mixed

Liquidity

Can I trade efficiently?

5.3
IlliquidLiquid

Evaluates

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

Risk Checks5/8 checks passed
≤5.0%

Spread 5.0% — acceptable

≥10,000

OI 167,881 — deep

≥500

Volume 1,792/day — adequate

≤$0.50

$0.25 to cross — cheap

≥5 strikes

2 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 57% — neutral vs sector

≥100 contracts

Depth 179.8 contracts (bid:92.5 ask:87.3) — adequate

<1.0%

Avg slippage 4.38% — poor

Timing

Is now a good time?

6.7
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks4/9 checks passed
|slope| ≥5%

Slope -2.0% — flat/unclear

<30 or >70

IV percentile 53% — neutral

≥10pts kink

IV kink -0.1pts — no clear event

<0.5 or >2.0

θ/ν ratio 246.99 — favors income trades

≥3 expirations

4 liquid expirations — flexible

≥60% (safe)

safe window: No events detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow +10% @ 55% consistency — unclear

≥40 composite score

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

Directional Strategy Fit

Option Buyers
Long Calls6.5
bullishIV cheap, bullish flow
Long Puts5.6
bearishIV cheap, bullish flow
Premium Sellers
Cash-Secured Put5.1
bullishIV too cheap, bullish flow
Covered Call4.2
bearishIV too cheap, 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.