Options/MO

MOAltria Group, Inc.

Options Analysis Report•CIGARETTES

Market Cap $113.0B|NYSE

● 2026-08-28$67.67

NEUTRAL

Analysis: 2026-08-27 EOD data

1Y +1.9%YTD +18.1%7D +2.4%

Options Vol

14,105

30D

Implied Move

±6.7%

IV Rank

18%

MO Options Overview

IV is low. No clear edge detected.

REWARDS

RISK ANALYSIS

Snowflake Analysis

Favorable conditions for option buyers

Learn

Loading score history...

MO Gamma Walls

Loading gamma walls...

MO Hedge Radar

Neutral

Full Hedge Radar

Neither score is at an extreme today. Neither axis is a forecast — this is where MO sits on protection cost vs. fragility today.

Protection is priced in the cheap band (2.69) — near-dated vol is priced 6% below far-dated, and downside puts carry 1.1 IV points more than at-the-money, measured against this name's own rolling 20-trading-day realized moves (484 overlapping windows). Fragility reads neutral (5.12): it is trading 0% below its hedge wall on a wall graded HIGH for reliability, and its realized-vol regime is stable.

Protection cost

2.69/ 10cheap

Basis: cross_sectional

Fragility

5.12/ 10neutral

Basis: per_ticker

Value

Is IV priced right?

8.0

ExpensiveCheap

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

levels.

Risk Checks7/9 checks passed

IV Rank

≤35%

IV Rank 19.8% — cheap vs history

IV/HV Ratio

<1.05x

IV/HV 0.88x — IV ≤ HV

Sector Relative≤50%

Sector percentile 24% — below sector median

Term Structure

<1.1x

Front/Back 0.94x — contango

Skew Normal

<1.25x

Put/Call IV 1.16x — elevated

Absolute IV

<80%

ATM IV 24.7% — normal range

Spread-Adjusted Value

<80%

Effective IV 47.1% (ATM 24.7% + spread 11.2% + bias) — excellent value

Execution Efficiency

<3.0%

Total drag 19.00% (spread 11.18% + slippage 7.82%) — high friction

Vega Efficiency

≥5.0

Vega efficiency 4.89 (vega 5.468 / spread 11.18%) — spread drag

Sentiment

Bullish or bearish?

5.2

BearishBullish

Analyzes

put/call ratios

open interest skew

, and flow direction to determine market bias.

Risk ChecksBearish - Weak signal (Conviction: -12%, Raw: -11%)

Flow Direction

|net sentiment| ≥25%

Conviction-weighted: -12% (bearish) — Raw: -11%

OI Skew Magnitude

≥15%

|OI skew| 1.1% — balanced

Volume-OI Alignment

Same sign, |vol skew| ≥10%

Vol skew +16.7%, OI skew -1.1% — divergent (opposite)

Conviction Quality

≥2/3 conditions

0-DTE 18%, far-OTM 15%, avg DTE 30

OI Momentum

|change| ≥3%

OI change +0.0% (5d) — stable

Smart Money Flow

|weighted flow| ≥20%

ITM: +59%, ATM: -22%, OTM: -12% — strong bullish (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 31% — bullish vs sector

Activity

Unusual activity?

2.5

QuietActive

Detects volume surges,

block trades

, and unusual options activity that may signal moves.

Risk Checks0/8 checks passed

Volume Surge

≥1.5x

Volume 0.6x avg — normal

Turnover Rate

≥15%

Vol/OI 3.4% — normal turnover

Multi-Day Persistence

≥2 days

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

OI Build

≥5%

OI change -5.5% (5d) — unwinding

Sector Relative≥60%

Sector activity percentile 40% — below sector avg

Trade Quality

≥30%

Large trade volume 19% — mixed

Execution Urgency

≥60%

Aggressive execution 35% — patient

Flow Conviction

≥30

Conviction -12 (bearish) — mixed

Liquidity

Can I trade efficiently?

4.8

IlliquidLiquid

Evaluates

bid-ask spreads

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

Risk Checks4/8 checks passed

Tradeable Spread

≤5.0%

Spread 11.2% — wide

Adequate OI

≥10,000

OI 414,133 — deep

Active Volume

≥500

Volume 14,105/day — active

Reasonable Cost

≤$0.50

$0.56 to cross — expensive

Strike Coverage

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 29% — tighter than sector

Order Book Depth

≥100 contracts

Depth 291.5 contracts (bid:135.4 ask:156.1) — adequate

Execution Quality

<1.0%

Avg slippage 7.82% — poor

Timing

Is now a good time?

6.9

RiskyFavorable

Considers earnings proximity,

time decay

, and event calendar for optimal entry timing.

Risk Checks7/9 checks passed

Term Structure Clarity

|slope| ≥5%

Slope -5.7% — contango

IV Percentile Clarity

<30 or >70

IV percentile 20% — buyer opportunity

Event Detection

≥10pts kink

IV kink -1.0pts — no clear event

Theta/Vega Clarity

<0.5 or >2.0

θ/ν ratio 141.67 — favors income trades

Expiration Distribution

≥3 expirations

4 liquid expirations — flexible

Event Risk

≥60% (safe)

safe window: No events detected

Spread Momentum

<1.2 ratio

Spread ratio 1.00x — stable

Flow Momentum

≥25% strength + ≥50% consistency

Flow -12% @ 56% consistency — unclear

Smart Money Timing

≥40 composite score

Score 49 (ITM 20% + inst 19%) — moderate institutional

Directional Strategy Fit

Option Buyers

Long Calls6.4

bullishIV cheap, mixed flow

Long Puts6.2

bearishIV cheap, mixed flow

Premium Sellers

Cash-Secured Put4.4

bullishIV too cheap, mixed flow

Covered Call4.3

bearishIV too cheap, mixed flow

For educational purposes only. Not investment advice.