Options/DOV

DOVDover Corporation

Options Analysis Report•CONSTRUCTION, MINING & MATERIALS HANDLING MACHINERY & EQUIP

Market Cap $26.8B|NYSE

● 2026-08-31$198.68

BULLISH

Analysis: 2026-08-28 EOD data

1Y +13.0%YTD +1.5%7D -2.4%

Options Vol

986

30D

Implied Move

±6.1%

IV Rank

DOV Options Overview

IV is low with bullish flow. Conditions favor option buyers.

REWARDS

RISK ANALYSIS

Snowflake Analysis

Favorable conditions for option buyers

Learn

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DOV Gamma Walls

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DOV Hedge Radar

No action needed

Full Hedge Radar

Fragility reads low; protection is priced cheap. Neither axis is a forecast — this is where DOV sits on protection cost vs. fragility today.

Protection is priced in the cheap band (2.96) — near-dated vol is priced 18% below far-dated, and implied vol sits in the 7th percentile of its own past year, measured against this name's own rolling 14-trading-day realized moves (490 overlapping windows). Fragility reads resilient (3.04): its realized-vol regime is contracting, and it is trading 2% above its hedge wall on a wall graded HIGH for reliability.

Protection cost

2.96/ 10cheap

Basis: cross_sectional

Fragility

3.04/ 10resilient

Basis: per_ticker

Value

Is IV priced right?

7.5

ExpensiveCheap

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

levels.

Risk Checks7/9 checks passed

IV Rank

≤35%

IV Rank 29.7% — cheap vs history

IV/HV Ratio

<1.05x

IV/HV 1.63x — IV premium over HV

Sector Relative≤50%

Sector percentile 30% — below sector median

Term Structure

<1.1x

Front/Back 0.82x — contango

Skew Normal

<1.25x

Put/Call IV 1.16x — elevated

Absolute IV

<80%

ATM IV 25.4% — normal range

Spread-Adjusted Value

<80%

Effective IV 76.0% (ATM 25.4% + spread 25.3% + bias) — fair

Execution Efficiency

<3.0%

Total drag 27.88% (spread 25.32% + slippage 2.56%) — high friction

Vega Efficiency

≥5.0

Vega efficiency 22.38 (vega 56.676 / spread 25.32%) — efficient

Sentiment

Bullish or bearish?

6.6

BearishBullish

Analyzes

put/call ratios

open interest skew

, and flow direction to determine market bias.

Risk ChecksNeutral - Strong signal (Conviction: +2%, Raw: +8%)

Flow Direction

|net sentiment| ≥25%

Conviction-weighted: +2% (neutral) — Raw: +8%

OI Skew Magnitude

≥15%

|OI skew| 64.5% — call-heavy

Volume-OI Alignment

Same sign, |vol skew| ≥10%

Vol skew +93.3%, OI skew +64.5% — aligned

Conviction Quality

≥2/3 conditions

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

OI Momentum

|change| ≥3%

OI change +0.0% (5d) — stable

Smart Money Flow

|weighted flow| ≥20%

ITM: -100%, ATM: -100%, OTM: +25% — strong bearish (ITM/ATM aligned)

Sector Relative≤40% or ≥60%

Sector P/C percentile 3% — very bullish vs sector

Activity

Unusual activity?

4.9

QuietActive

Detects volume surges,

block trades

, and unusual options activity that may signal moves.

Risk Checks3/8 checks passed

Volume Surge

≥1.5x

Volume 2.0x avg — elevated

Turnover Rate

≥15%

Vol/OI 8.8% — normal turnover

Multi-Day Persistence

≥2 days

2 day(s) elevated — sustained

OI Build

≥5%

OI change -6.8% (5d) — unwinding

Sector Relative≥60%

Sector activity percentile 88% — very active vs sector

Trade Quality

≥30%

Large trade volume 0% — mostly retail

Execution Urgency

≥60%

Aggressive execution 10% — patient

Flow Conviction

≥30

Conviction +2 (bullish) — mixed

Liquidity

Can I trade efficiently?

3.3

IlliquidLiquid

Evaluates

bid-ask spreads

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

Risk Checks3/8 checks passed

Tradeable Spread

≤5.0%

Spread 25.3% — wide

Adequate OI

≥10,000

OI 11,267 — adequate

Active Volume

≥500

Volume 986/day — adequate

Reasonable Cost

≤$0.50

$1.27 to cross — expensive

Strike Coverage

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 32% — tighter than sector

Order Book Depth

≥100 contracts

Depth 45.3 contracts (bid:31.1 ask:14.2) — thin

Execution Quality

<1.0%

Avg slippage 2.56% — poor

Timing

Is now a good time?

6.5

RiskyFavorable

Considers earnings proximity,

time decay

, and event calendar for optimal entry timing.

Risk Checks6/9 checks passed

Term Structure Clarity

|slope| ≥5%

Slope -18.4% — contango

IV Percentile Clarity

<30 or >70

IV percentile 30% — buyer opportunity

Event Detection

≥10pts kink

IV kink -4.1pts — no clear event

Theta/Vega Clarity

<0.5 or >2.0

θ/ν ratio 1242.90 — favors income trades

Expiration Distribution

≥3 expirations

4 liquid expirations — flexible

Event Risk

≥60% (safe)

safe window: No events detected

Spread Momentum

<1.2 ratio

Spread ratio 1.00x — stable

Flow Momentum

≥25% strength + ≥50% consistency

Flow +2% @ 51% consistency — unclear

Smart Money Timing

≥40 composite score

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

Directional Strategy Fit

Option Buyers

Long Calls7.2

bullishIV cheap, bullish flow

Long Puts5.3

bearishIV cheap, bullish flow

Premium Sellers

Cash-Secured Put4.7

bullishIV too cheap, bullish flow

Covered Call3.6

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.

More on DOV

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