bullish flow with unusual activity. No clear edge detected.
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 40.9% (ATM 0.0% + spread 20.4% + bias) — excellent value
Total drag 27.90% (spread 20.44% + slippage 7.46%) — high friction
Vega efficiency 0.00 (vega 0.000 / spread 20.44%) — spread drag
Bullish or bearish?
Analyzes
Conviction-weighted: +0% (neutral) — Raw: -11%
|OI skew| 33.8% — call-heavy
Vol skew +75.3%, OI skew +33.8% — aligned
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +38%, ATM: +16%, OTM: -14% — strong bullish (ITM/ATM aligned)
Sector P/C percentile 11% — very bullish vs sector
Unusual activity?
Detects volume surges,
Volume 0.4x avg — normal
Vol/OI 3.2% — normal turnover
Top 3 strikes = 50% — dispersed
1 day(s) elevated — may be one-day event
OI change +2.3% (5d) — building
Sector activity percentile 67% — active vs sector
Large trade volume 61% — heavy institutional
Aggressive execution 38% — patient
Conviction +0 (bullish) — mixed
Can I trade efficiently?
Evaluates
Spread 20.4% — wide
OI 596,738 — deep
Volume 19,157/day — active
$1.02 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 0% — much tighter than sector
Depth 1,636.6000000000001 contracts (bid:1,024.4 ask:612.2) — deep
Avg slippage 7.46% — 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
caution advised: No earnings detected; CPI in 1d (HIGH)
Spread ratio 1.00x — stable
Flow +0% @ 50% consistency — unclear
Score 91 (ITM 20% + inst 61%) — HIGH institutional
For educational purposes only. Not investment advice.