AInvestOption Pilot Program
Options/FTS
FTS logo

FTSFortis Inc. Common Shares

Options Analysis Report
Market Cap $27.9B|NYSE
● 2026-08-31$54.66
BULLISH
Analysis: 2026-08-28 EOD data
1Y +10.3%YTD +5.3%7D -1.2%
6
30D
±5.5%
3%

FTS Options Overview

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

REWARDS

RISK ANALYSIS

5.2VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Favorable conditions for option buyers

Learn
Loading score history...

FTS Gamma Walls

Loading gamma walls...

Value

Is IV priced right?

6.8
ExpensiveCheap

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

levels.

Risk Checks4/9 checks passed
≤35%

IV Rank 17.8% — cheap vs history

<1.05x

IV/HV 1.44x — IV premium over HV

Sector Relative≤50%

Sector percentile 3% — below sector median

<1.1x

Front/Back 1.19x — backwardation

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 18.4% — normal range

<80%

Effective IV 95.3% (ATM 18.4% + spread 38.5% + bias) — expensive

<3.0%

Total drag 83.42% (spread 38.46% + slippage 44.96%) — high friction

≥5.0

Vega efficiency 2.08 (vega 7.988 / spread 38.46%) — spread drag

Sentiment

Bullish or bearish?

6.9
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksBullish - Strong signal (Conviction: +13%, Raw: -33%)
|net sentiment| ≥25%

Conviction-weighted: +13% (bullish) — Raw: -33%

≥15%

|OI skew| 70.8% — call-heavy

Same sign, |vol skew| ≥10%

Vol skew +66.7%, OI skew +70.8% — aligned

≥2/3 conditions

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

|change| ≥3%

OI change +0.0% (5d) — stable

|weighted flow| ≥20%

ITM: +0%, ATM: +100%, OTM: -100% — strong bullish (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 24% — very bullish vs sector

Activity

Unusual activity?

2.8
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks2/8 checks passed
≥1.5x

Volume 0.1x avg — normal

≥15%

Vol/OI 0.4% — normal turnover

≥2 days

1 day(s) elevated — may be one-day event

≥5%

OI change +100.4% (5d) — building

Sector Relative≥60%

Sector activity percentile 26% — below sector avg

≥30%

Large trade volume 0% — mostly retail

≥60%

Aggressive execution 100% — highly urgent

≥30

Conviction +13 (bullish) — mixed

Liquidity

Can I trade efficiently?

2.8
IlliquidLiquid

Evaluates

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

Risk Checks1/8 checks passed
≤5.0%

Spread 38.5% — wide

≥10,000

OI 1,501 — thin

≥500

Volume 6/day — thin

≤$0.50

$1.92 to cross — expensive

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 40% — neutral vs sector

≥100 contracts

Depth 145.0 contracts (bid:95.0 ask:50.0) — adequate

<1.0%

Avg slippage 44.96% — poor

Timing

Is now a good time?

6.8
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks6/9 checks passed
|slope| ≥5%

Slope +18.5% — backwardation

<30 or >70

IV percentile 18% — buyer opportunity

≥10pts kink

IV kink 1.1pts — no clear event

<0.5 or >2.0

θ/ν ratio 399.39 — favors income trades

≥3 expirations

4 liquid expirations — flexible

≥60% (safe)

safe window: No events detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow +13% @ 50% consistency — unclear

≥40 composite score

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

Directional Strategy Fit

Option Buyers
Long Calls7.2
bullishIV cheap, bullish flow
Long Puts4.9
bearishIV cheap, bullish flow
Premium Sellers
Cash-Secured Put5.0
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 FTS

FTS gamma wallsFTS max painFTS IV rankFTS options flow