EOGEOG Resources, Inc.
Options Analysis Report•CRUDE PETROLEUM & NATURAL GAS
Market Cap $68.8B|NYSE
● 2026-04-17$128.43
NEUTRAL
Analysis: 2026-04-16 EOD data
1Y +17.7%YTD +19.7%7D -5.7%
Options Vol
7,432
30D
Implied Move
±9.5%
IV Rank
35%
EOG Options Overview
Mixed signals. No clear edge detected.
REWARDS
RISK ANALYSIS
Loading score history...
Value
Is IV priced right?
7.3
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 38.4% — elevated vs history
IV/HV Ratio
<1.05xIV/HV 1.11x — IV premium over HV
Sector Relative≤50%
Sector percentile 27% — below sector median
Term Structure
<1.1xFront/Back 0.98x — contango
Skew Normal
<1.25xPut/Call IV 1.16x — elevated
Absolute IV
<80%ATM IV 32.8% — normal range
Spread-Adjusted Value
<80%Effective IV 63.5% (ATM 32.8% + spread 15.3% + bias) — good value
Execution Efficiency
<3.0%Total drag 20.07% (spread 15.33% + slippage 4.74%) — high friction
Vega Efficiency
≥5.0Vega efficiency 32.60 (vega 49.980 / spread 15.33%) — efficient
Sentiment
Bullish or bearish?
5.5
BearishBullish
Analyzes
put/call ratios
, open interest skew
, and flow direction to determine market bias.Risk ChecksVery Bullish - Moderate signal (Conviction: +32%, Raw: +32%)
Flow Direction
|net sentiment| ≥25%Conviction-weighted: +32% (strong bullish) — Raw: +32%
OI Skew Magnitude
≥15%|OI skew| 11.7% — balanced
Volume-OI Alignment
Same sign, |vol skew| ≥10%Vol skew -24.6%, OI skew +11.7% — divergent (opposite)
Conviction Quality
≥2/3 conditions0-DTE 25%, far-OTM 15%, avg DTE 30
OI Momentum
|change| ≥3%OI change +0.0% (5d) — stable
Smart Money Flow
|weighted flow| ≥20%ITM: +79%, ATM: -21%, OTM: +33% — strong bullish (ITM/ATM divergent)
Sector Relative≤40% or ≥60%
Sector P/C percentile 78% — very bearish vs sector
Activity
Unusual activity?
4.3
QuietActive
Detects volume surges,
block trades
, and unusual options activity that may signal moves.Risk Checks3/9 checks passed
Volume Surge
≥1.5xVolume 0.8x avg — normal
Turnover Rate
≥15%Vol/OI 5.1% — 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 +1.9% (5d) — stable
Sector Relative≥60%
Sector activity percentile 70% — active vs sector
Trade Quality
≥30%Large trade volume 41% — institutional presence
Execution Urgency
≥60%Aggressive execution 34% — patient
Flow Conviction
≥30Conviction +32 (bullish) — moderate
Liquidity
Can I trade efficiently?
4.0
IlliquidLiquid
Evaluates
bid-ask spreads
, volume depth, and open interest for trade execution quality.Risk Checks4/8 checks passed
Tradeable Spread
≤5.0%Spread 15.3% — wide
Adequate OI
≥10,000OI 145,019 — deep
Active Volume
≥500Volume 7,432/day — active
Reasonable Cost
≤$0.50$0.77 to cross — expensive
Strike Coverage
≥5 strikes0 liquid strikes — limited options
Sector Relative≤40%
Sector spread percentile 30% — tighter than sector
Order Book Depth
≥100 contractsDepth 184.2 contracts (bid:88.7 ask:95.5) — adequate
Execution Quality
<1.0%Avg slippage 4.74% — poor
Timing
Is now a good time?
6.9
RiskyFavorable
Considers earnings proximity,
time decay
, and event calendar for optimal entry timing.Risk Checks6/9 checks passed
Term Structure Clarity
|slope| ≥5%Slope -2.2% — flat/unclear
IV Percentile Clarity
<30 or >70IV percentile 38% — neutral
Event Detection
≥10pts kinkIV kink -1.6pts — no clear event
Theta/Vega Clarity
<0.5 or >2.0θ/ν ratio 1851.12 — favors income trades
Expiration Distribution
≥3 expirations5 liquid expirations — flexible
Event Risk
≥60% (safe)safe window: Earnings in 18d (low risk)
Spread Momentum
<1.2 ratioSpread ratio 1.00x — stable
Flow Momentum
≥25% strength + ≥50% consistencyFlow +32% @ 66% consistency — moderate (bullish)
Smart Money Timing
≥40 composite scoreScore 71 (ITM 20% + inst 41%) — HIGH institutional
Directional Strategy Fit
Option Buyers
Long Calls6.1
bullishIV cheap, mixed flow
Long Puts5.8
bearishIV cheap, mixed flow
Premium Sellers
Cash-Secured Put4.6
bullishIV too cheap, mixed flow
Covered Call4.2
bearishIV too cheap, mixed flow
For educational purposes only. Not investment advice.