INGRIngredion Incorporated
INGR Options Overview
IV is low. No clear edge detected.
REWARDS
RISK ANALYSIS
INGR Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 27.3% — cheap vs history
IV/HV 1.00x — IV ≤ HV
Sector percentile 11% — below sector median
Front/Back 0.71x — contango
Put/Call IV 1.16x — elevated
ATM IV 22.1% — normal range
Effective IV 97.4% (ATM 22.1% + spread 37.7% + bias) — expensive
Total drag 41.56% (spread 37.66% + slippage 3.90%) — high friction
Vega efficiency 2.65 (vega 9.977 / spread 37.66%) — spread drag
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: -82% (strong bearish) — Raw: -83%
|OI skew| 8.5% — balanced
Vol skew +100.0%, OI skew -8.5% — divergent (opposite)
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +0%, ATM: -83%, OTM: +0% — strong bearish (ITM/ATM divergent)
Sector P/C percentile 50% — neutral vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 0.1x avg — normal
Vol/OI 0.7% — normal turnover
1 day(s) elevated — may be one-day event
OI change +7.9% (5d) — building
Sector activity percentile 16% — quiet vs sector
Large trade volume 0% — mostly retail
Aggressive execution 0% — patient
Conviction -82 (bearish) — strong conviction
Liquidity
Can I trade efficiently?
Evaluates
Spread 37.7% — wide
OI 1,767 — thin
Volume 12/day — thin
$1.88 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 53% — neutral vs sector
Depth 37.3 contracts (bid:19.8 ask:17.5) — thin
Avg slippage 3.90% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -29.1% — contango
IV percentile 27% — buyer opportunity
IV kink -4.4pts — no clear event
θ/ν ratio 192.24 — favors income trades
3 liquid expirations — flexible
safe window: No events detected
Spread ratio 1.00x — stable
Flow -82% @ 90% consistency — STRONG directional (bearish)
Score 30 (ITM 20% + inst 0%) — retail dominated
Directional Strategy Fit
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.