AInvestOption Pilot Program
Options/ELMD
ELMD logo

ELMDElectromed, Inc.

Options Analysis Report•ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS
Market Cap $248M|XASE
● 2026-08-28$29.60
NEUTRAL
Analysis: 2026-08-27 EOD data
1Y +23.6%YTD +8.1%7D -25.0%
55
30D
±15.2%
4%

ELMD Options Overview

IV is elevated with unusual activity. No clear edge detected.

REWARDS

RISK ANALYSIS

5.4VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Favorable conditions for premium sellers

Learn
Loading score history...

ELMD Gamma Walls

Loading gamma walls...

Value

Is IV priced right?

6.6
ExpensiveCheap

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

levels.

Risk Checks4/9 checks passed
≤35%

IV Rank 76.2% — elevated vs history

<1.05x

IV/HV 0.66x — IV ≤ HV

Sector Relative≤50%

Sector percentile 51% — above sector median

<1.1x

Front/Back 1.08x — backwardation

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 53.2% — normal range

<80%

Effective IV 172.4% (ATM 53.2% + spread 59.6% + bias) — expensive

<3.0%

Total drag 70.01% (spread 59.59% + slippage 10.42%) — high friction

≥5.0

Vega efficiency 0.96 (vega 5.697 / spread 59.59%) — spread drag

Sentiment

Bullish or bearish?

4.9
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksNeutral - Weak signal (Conviction: +6%, Raw: +25%)
|net sentiment| ≥25%

Conviction-weighted: +6% (neutral) — Raw: +25%

≥15%

|OI skew| 6.7% — balanced

Same sign, |vol skew| ≥10%

Vol skew -12.7%, OI skew +6.7% — 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: -25%, ATM: +60%, OTM: +58% — neutral (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 81% — very bearish vs sector

Activity

Unusual activity?

6.3
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks4/8 checks passed
≥1.5x

Volume 2.4x avg — hot

≥15%

Vol/OI 14.8% — normal turnover

≥2 days

3 day(s) elevated — sustained

≥5%

OI change +57.4% (5d) — building

Sector Relative≥60%

Sector activity percentile 94% — very active vs sector

≥30%

Large trade volume 0% — mostly retail

≥60%

Aggressive execution 6% — patient

≥30

Conviction +6 (bullish) — mixed

Liquidity

Can I trade efficiently?

2.2
IlliquidLiquid

Evaluates

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

Risk Checks0/8 checks passed
≤5.0%

Spread 59.6% — wide

≥10,000

OI 373 — thin

≥500

Volume 55/day — thin

≤$0.50

$2.98 to cross — expensive

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 79% — wider than sector

≥100 contracts

Depth 48.5 contracts (bid:27.9 ask:20.6) — thin

<1.0%

Avg slippage 10.42% — 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 +7.9% — backwardation

<30 or >70

IV percentile 76% — seller opportunity

≥10pts kink

IV kink -0.1pts — no clear event

<0.5 or >2.0

θ/ν ratio 261.34 — favors income trades

≥3 expirations

4 liquid expirations — flexible

≥60% (safe)

safe window: No earnings detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow +6% @ 53% consistency — unclear

≥40 composite score

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

Directional Strategy Fit

Option Buyers
Long Calls5.4
bullishIV cheap, mixed flow
Long Puts5.5
bearishIV cheap, mixed flow
Premium Sellers
Cash-Secured Put4.2
bullishIV too cheap, mixed flow
Covered Call4.3
bearishIV too cheap, mixed 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 ELMD

ELMD gamma wallsELMD max painELMD IV rankELMD options flow