AInvestOption Pilot Program
Options/NETX
N

NETX

Options Analysis Report
Market Cap: --
● 2026-02-20$15.62
NEUTRAL
Analysis: 2026-02-19 EOD data
1Y -39.0%YTD -17.0%7D +0.0%
328
30D
±82.6%
56%

NETX Options Overview

unusual activity. No clear edge detected.

REWARDS

RISK ANALYSIS

5.7VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Balanced conditions with no clear edge

Learn
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NETX Gamma Walls

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Value

Is IV priced right?

4.3
ExpensiveCheap

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

levels.

Risk Checks4/9 checks passed
≤35%

IV Rank 50.0% — elevated vs history

<1.05x

IV/HV 1.00x — IV ≤ HV

Sector Relative≤50%

Sector percentile 50% — below sector median

<1.1x

Front/Back 3.08x — backwardation

<1.25x

Put/Call IV 1.00x — normal

<80%

ATM IV 0.0% — normal range

<80%

Effective IV 378.2% (ATM 0.0% + spread 189.1% + bias) — expensive

<3.0%

Total drag 270.39% (spread 189.11% + slippage 81.28%) — high friction

≥5.0

Vega efficiency 0.00 (vega 0.000 / spread 189.11%) — spread drag

Sentiment

Bullish or bearish?

4.2
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksVery Bearish - Moderate signal (Conviction: -62%, Raw: -26%)
|net sentiment| ≥25%

Conviction-weighted: -62% (strong bearish) — Raw: -26%

≥15%

|OI skew| 8.2% — balanced

Same sign, |vol skew| ≥10%

Vol skew +28.0%, OI skew +8.2% — 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: +0%, OTM: -26% — neutral (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 35% — bullish vs sector

Activity

Unusual activity?

8.5
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks8/9 checks passed
≥1.5x

Volume 4.8x avg — hot

≥15%

Vol/OI 42.9% — high turnover

≥60%

Top 3 strikes = 50% — dispersed

≥2 days

2 day(s) elevated — sustained

≥5%

OI change +339.7% (5d) — building

Sector Relative≥60%

Sector activity percentile 98% — very active vs sector

≥30%

Large trade volume 43% — institutional presence

≥60%

Aggressive execution 100% — highly urgent

≥30

Conviction -62 (bearish) — strong conviction

Liquidity

Can I trade efficiently?

3.7
IlliquidLiquid

Evaluates

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

Risk Checks2/8 checks passed
≤5.0%

Spread 189.1% — wide

≥10,000

OI 765 — thin

≥500

Volume 328/day — thin

≤$0.50

$9.46 to cross — expensive

≥5 strikes

10 liquid strikes — good coverage

Sector Relative≤40%

Sector spread percentile 0% — much tighter than sector

≥100 contracts

Depth 72.0 contracts (bid:19.4 ask:52.6) — thin

<1.0%

Avg slippage 81.28% — poor

Timing

Is now a good time?

7.7
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks7/9 checks passed
|slope| ≥5%

Slope +208.4% — backwardation

<30 or >70

IV percentile 50% — neutral

≥10pts kink

IV kink 137.1pts — event priced

<0.5 or >2.0

θ/ν ratio 1.00 — favors mixed

≥3 expirations

3 liquid expirations — flexible

≥60% (safe)

safe window: No earnings detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow -62% @ 81% consistency — STRONG directional (bearish)

≥40 composite score

Score 73 (ITM 20% + inst 43%) — HIGH institutional

Directional Strategy Fit

Option Buyers
Long Calls4.7
bullishIV fair, mixed flow
Long Puts5.3
bearishIV fair, mixed flow
Premium Sellers
Cash-Secured Put5.1
bullishIV fair, mixed flow
Covered Call5.7
bearishIV fair, mixed 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 NETX

NETX gamma wallsNETX max painNETX IV rankNETX options flow