bullish flow. Conditions favor option buyers.
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 50.0% — elevated vs history
IV/HV 1.00x — IV ≤ HV
Sector percentile 50% — below sector median
Front/Back 1.00x — flat
Put/Call IV 1.00x — normal
ATM IV 0.0% — normal range
Effective IV 77.4% (ATM 0.0% + spread 38.7% + bias) — fair
Total drag 46.02% (spread 38.68% + slippage 7.34%) — high friction
Vega efficiency 0.00 (vega 0.000 / spread 38.68%) — spread drag
Bullish or bearish?
Analyzes
Conviction-weighted: +99% (strong bullish) — Raw: +98%
|OI skew| 48.3% — call-heavy
Vol skew +100.0%, OI skew +48.3% — aligned
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +0%, ATM: +0%, OTM: +98% — neutral (ITM/ATM divergent)
Sector P/C percentile 50% — neutral vs sector
Unusual activity?
Detects volume surges,
Volume 9.9x avg — hot
Vol/OI 27.6% — high turnover
Top 3 strikes = 50% — dispersed
3 day(s) elevated — sustained
OI change -26.5% (5d) — unwinding
Sector activity percentile 94% — very active vs sector
Large trade volume 88% — heavy institutional
Aggressive execution 67% — urgent
Conviction +99 (bullish) — strong conviction
Can I trade efficiently?
Evaluates
Spread 38.7% — wide
OI 1,230 — thin
Volume 340/day — thin
$1.93 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 0% — much tighter than sector
Depth 85.7 contracts (bid:16.2 ask:69.5) — thin
Avg slippage 7.34% — poor
Is now a good time?
Considers earnings proximity,
Slope +0.0% — flat/unclear
IV percentile 50% — neutral
IV kink 0.0pts — no clear event
θ/ν ratio 1.00 — favors mixed
3 liquid expirations — flexible
safe window: Earnings in 24d (low risk)
Spread ratio 1.00x — stable
Flow +99% @ 100% consistency — STRONG directional (bullish)
Score 118 (ITM 20% + inst 88%) — HIGH institutional
For educational purposes only. Not investment advice.