AInvestOption Pilot Program
Options/COLO
C

COLOGlobal X MSCI Colombia ETF

Options Analysis Report
AUM $215M|ARCX
● 2026-08-31$48.48
VERY BULLISH
Analysis: 2026-08-28 EOD data
1Y +51.7%YTD +37.3%7D -3.8%
374
30D
±6.0%
2%

COLO Options Overview

bullish flow. Conditions favor option buyers.

REWARDS

RISK ANALYSIS

6.1VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Favorable conditions for option buyers

Learn
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COLO Gamma Walls

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Value

Is IV priced right?

5.9
ExpensiveCheap

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

levels.

Risk Checks4/9 checks passed
≤35%

IV Rank 34.8% — cheap vs history

<1.05x

IV/HV 1.50x — IV premium over HV

Sector Relative≤50%

Sector percentile 55% — above sector median

<1.1x

Front/Back 0.82x — contango

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 25.2% — normal range

<80%

Effective IV 125.2% (ATM 25.2% + spread 50.0% + bias) — expensive

<3.0%

Total drag 56.42% (spread 49.98% + slippage 6.44%) — high friction

≥5.0

Vega efficiency 1.43 (vega 7.128 / spread 49.98%) — spread drag

Sentiment

Bullish or bearish?

9.4
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksVery Bullish - Strong signal (Conviction: +82%, Raw: +78%)
|net sentiment| ≥25%

Conviction-weighted: +82% (strong bullish) — Raw: +78%

≥15%

|OI skew| 81.8% — call-heavy

Same sign, |vol skew| ≥10%

Vol skew +98.9%, OI skew +81.8% — 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: +33%, ATM: +86%, OTM: +68% — strong bullish (ITM/ATM aligned)

Sector Relative≤40% or ≥60%

Sector P/C percentile 0% — very bullish vs sector

Activity

Unusual activity?

5.3
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks4/8 checks passed
≥1.5x

Volume 1.8x avg — elevated

≥15%

Vol/OI 3.5% — normal turnover

≥2 days

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

≥5%

OI change +18.4% (5d) — building

Sector Relative≥60%

Sector activity percentile 61% — active vs sector

≥30%

Large trade volume 0% — mostly retail

≥60%

Aggressive execution 12% — patient

≥30

Conviction +82 (bullish) — strong conviction

Liquidity

Can I trade efficiently?

2.7
IlliquidLiquid

Evaluates

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

Risk Checks1/8 checks passed
≤5.0%

Spread 50.0% — wide

≥10,000

OI 10,758 — adequate

≥500

Volume 374/day — thin

≤$0.50

$2.50 to cross — expensive

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 66% — wider than sector

≥100 contracts

Depth 50.900000000000006 contracts (bid:30.3 ask:20.6) — thin

<1.0%

Avg slippage 6.44% — poor

Timing

Is now a good time?

7.0
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

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

Slope -17.7% — contango

<30 or >70

IV percentile 35% — neutral

≥10pts kink

IV kink -6.4pts — no clear event

<0.5 or >2.0

θ/ν ratio 259.20 — 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% @ 91% consistency — STRONG directional (bullish)

≥40 composite score

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

Directional Strategy Fit

Option Buyers
Long Calls7.7
bullishIV fair, bullish flow
Long Puts3.7
bearishIV fair, bullish flow
Premium Sellers
Cash-Secured Put6.1
bullishIV fair, bullish flow
Covered Call3.0
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 COLO

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