HIIHuntington Ingalls Industries, Inc.
Options Analysis Report•SHIP & BOAT BUILDING & REPAIRING
Market Cap $15.5B|NYSE
● 2026-04-17$394.81
NEUTRAL
Analysis: 2026-04-16 EOD data
1Y +81.2%YTD +12.9%7D +0.1%
Options Vol
221
30D
Implied Move
±13.3%
IV Rank
47%
HII Options Overview
Mixed signals. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
Loading score history...
Value
Is IV priced right?
5.0
ExpensiveCheap
Measures whether options are cheap, fair, or rich relative to historical and peer
IV
levels.Risk Checks4/9 checks passed
IV Rank
≤35%IV Rank 65.2% — elevated vs history
IV/HV Ratio
<1.05xIV/HV 1.12x — IV premium over HV
Sector Relative≤50%
Sector percentile 69% — above sector median
Term Structure
<1.1xFront/Back 1.14x — backwardation
Skew Normal
<1.25xPut/Call IV 1.16x — elevated
Absolute IV
<80%ATM IV 40.0% — normal range
Spread-Adjusted Value
<80%Effective IV 60.0% (ATM 40.0% + spread 10.0% + bias) — good value
Execution Efficiency
<3.0%Total drag 20.70% (spread 10.02% + slippage 10.68%) — high friction
Vega Efficiency
≥5.0Vega efficiency 5.78 (vega 5.793 / spread 10.02%) — acceptable
Sentiment
Bullish or bearish?
5.3
BearishBullish
Analyzes
put/call ratios
, open interest skew
, and flow direction to determine market bias.Risk ChecksNeutral - Moderate signal (Conviction: +10%, Raw: +7%)
Flow Direction
|net sentiment| ≥25%Conviction-weighted: +10% (neutral) — Raw: +7%
OI Skew Magnitude
≥15%|OI skew| 48.7% — call-heavy
Volume-OI Alignment
Same sign, |vol skew| ≥10%Vol skew -8.6%, OI skew +48.7% — divergent (opposite)
Conviction Quality
≥2/3 conditions0-DTE 40%, far-OTM 15%, avg DTE 30
OI Momentum
|change| ≥3%OI change +0.0% (5d) — stable
Smart Money Flow
|weighted flow| ≥20%ITM: +70%, ATM: -53%, OTM: +30% — bullish (ITM/ATM divergent)
Sector Relative≤40% or ≥60%
Sector P/C percentile 73% — very bearish vs sector
Activity
Unusual activity?
2.2
QuietActive
Detects volume surges,
block trades
, and unusual options activity that may signal moves.Risk Checks0/9 checks passed
Volume Surge
≥1.5xVolume 0.5x avg — normal
Turnover Rate
≥15%Vol/OI 2.1% — 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 +0.8% (5d) — stable
Sector Relative≥60%
Sector activity percentile 25% — below sector avg
Trade Quality
≥30%Large trade volume 0% — mostly retail
Execution Urgency
≥60%Aggressive execution 41% — patient
Flow Conviction
≥30Conviction +10 (bullish) — mixed
Liquidity
Can I trade efficiently?
3.4
IlliquidLiquid
Evaluates
bid-ask spreads
, volume depth, and open interest for trade execution quality.Risk Checks1/8 checks passed
Tradeable Spread
≤5.0%Spread 10.0% — wide
Adequate OI
≥10,000OI 10,590 — adequate
Active Volume
≥500Volume 221/day — thin
Reasonable Cost
≤$0.50$0.50 to cross — expensive
Strike Coverage
≥5 strikes1 liquid strikes — limited options
Sector Relative≤40%
Sector spread percentile 71% — wider than sector
Order Book Depth
≥100 contractsDepth 16.7 contracts (bid:10.2 ask:6.5) — thin
Execution Quality
<1.0%Avg slippage 10.68% — poor
Timing
Is now a good time?
7.0
RiskyFavorable
Considers earnings proximity,
time decay
, and event calendar for optimal entry timing.Risk Checks5/9 checks passed
Term Structure Clarity
|slope| ≥5%Slope +14.3% — backwardation
IV Percentile Clarity
<30 or >70IV percentile 65% — neutral
Event Detection
≥10pts kinkIV kink 6.8pts — no clear event
Theta/Vega Clarity
<0.5 or >2.0θ/ν ratio 5.37 — favors income trades
Expiration Distribution
≥3 expirations3 liquid expirations — flexible
Event Risk
≥60% (safe)safe window: Earnings in 20d (low risk)
Spread Momentum
<1.2 ratioSpread ratio 1.00x — stable
Flow Momentum
≥25% strength + ≥50% consistencyFlow +10% @ 55% consistency — unclear
Smart Money Timing
≥40 composite scoreScore 30 (ITM 20% + inst 0%) — retail dominated
Directional Strategy Fit
Option Buyers
Long Calls5.2
bullishIV fair, mixed flow
Long Puts5.0
bearishIV fair, mixed flow
Premium Sellers
Cash-Secured Put5.1
bullishIV fair, mixed flow
Covered Call4.9
bearishIV fair, mixed flow
For educational purposes only. Not investment advice.