NUENucor Corporation
Options Analysis Report•STEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS)
Market Cap $44.6B|NYSE
● 2026-04-17$195.87
BULLISH
Analysis: 2026-04-16 EOD data
1Y +83.6%YTD +15.6%7D +5.2%
Options Vol
2,927
30D
Implied Move
±10.3%
IV Rank
16%
NUE Options Overview
bullish flow. No clear edge detected.
REWARDS
RISK ANALYSIS
Loading score history...
Value
Is IV priced right?
6.3
ExpensiveCheap
Measures whether options are cheap, fair, or rich relative to historical and peer
IV
levels.Risk Checks6/9 checks passed
IV Rank
≤35%IV Rank 48.6% — elevated vs history
IV/HV Ratio
<1.05xIV/HV 1.34x — IV premium over HV
Sector Relative≤50%
Sector percentile 35% — below sector median
Term Structure
<1.1xFront/Back 1.03x — flat
Skew Normal
<1.25xPut/Call IV 1.16x — elevated
Absolute IV
<80%ATM IV 35.6% — normal range
Spread-Adjusted Value
<80%Effective IV 58.3% (ATM 35.6% + spread 11.3% + bias) — good value
Execution Efficiency
<3.0%Total drag 18.16% (spread 11.34% + slippage 6.82%) — high friction
Vega Efficiency
≥5.0Vega efficiency 57.48 (vega 65.185 / spread 11.34%) — efficient
Sentiment
Bullish or bearish?
8.1
BearishBullish
Analyzes
put/call ratios
, open interest skew
, and flow direction to determine market bias.Risk ChecksVery Bullish - Strong signal (Conviction: +45%, Raw: +41%)
Flow Direction
|net sentiment| ≥25%Conviction-weighted: +45% (strong bullish) — Raw: +41%
OI Skew Magnitude
≥15%|OI skew| 14.8% — balanced
Volume-OI Alignment
Same sign, |vol skew| ≥10%Vol skew +68.8%, OI skew +14.8% — aligned
Conviction Quality
≥2/3 conditions0-DTE 20%, far-OTM 15%, avg DTE 30
OI Momentum
|change| ≥3%OI change +0.0% (5d) — stable
Smart Money Flow
|weighted flow| ≥20%ITM: +35%, ATM: +23%, OTM: +46% — strong bullish (ITM/ATM aligned)
Sector Relative≤40% or ≥60%
Sector P/C percentile 10% — very bullish vs sector
Activity
Unusual activity?
5.1
QuietActive
Detects volume surges,
block trades
, and unusual options activity that may signal moves.Risk Checks2/9 checks passed
Volume Surge
≥1.5xVolume 1.3x avg — normal
Turnover Rate
≥15%Vol/OI 4.5% — 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 +3.1% (5d) — building
Sector Relative≥60%
Sector activity percentile 60% — active vs sector
Trade Quality
≥30%Large trade volume 26% — mixed
Execution Urgency
≥60%Aggressive execution 48% — patient
Flow Conviction
≥30Conviction +45 (bullish) — moderate
Liquidity
Can I trade efficiently?
4.2
IlliquidLiquid
Evaluates
bid-ask spreads
, volume depth, and open interest for trade execution quality.Risk Checks4/8 checks passed
Tradeable Spread
≤5.0%Spread 11.3% — wide
Adequate OI
≥10,000OI 65,550 — deep
Active Volume
≥500Volume 2,927/day — adequate
Reasonable Cost
≤$0.50$0.57 to cross — expensive
Strike Coverage
≥5 strikes0 liquid strikes — limited options
Sector Relative≤40%
Sector spread percentile 35% — tighter than sector
Order Book Depth
≥100 contractsDepth 104.6 contracts (bid:57.4 ask:47.2) — adequate
Execution Quality
<1.0%Avg slippage 6.82% — poor
Timing
Is now a good time?
7.3
RiskyFavorable
Considers earnings proximity,
time decay
, and event calendar for optimal entry timing.Risk Checks6/9 checks passed
Term Structure Clarity
|slope| ≥5%Slope +3.4% — flat/unclear
IV Percentile Clarity
<30 or >70IV percentile 49% — neutral
Event Detection
≥10pts kinkIV kink 1.4pts — no clear event
Theta/Vega Clarity
<0.5 or >2.0θ/ν ratio 1338.49 — favors income trades
Expiration Distribution
≥3 expirations3 liquid expirations — flexible
Event Risk
≥60% (safe)acceptable: Earnings in 10d
Spread Momentum
<1.2 ratioSpread ratio 1.00x — stable
Flow Momentum
≥25% strength + ≥50% consistencyFlow +45% @ 72% consistency — STRONG directional (bullish)
Smart Money Timing
≥40 composite scoreScore 56 (ITM 20% + inst 26%) — moderate institutional
Directional Strategy Fit
Option Buyers
Long Calls6.8
bullishIV cheap, bullish flow
Long Puts4.6
bearishIV cheap, bullish flow
Premium Sellers
Cash-Secured Put5.8
bullishIV too cheap, bullish flow
Covered Call3.7
bearishIV too cheap, bullish flow
For educational purposes only. Not investment advice.