bullish flow. Conditions favor option buyers.
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 50.0% — elevated vs history
IV/HV 1.00x — IV ≤ HV
Sector percentile 50% — below sector median
Front/Back 1.00x — flat
Put/Call IV 1.00x — normal
ATM IV 0.0% — normal range
Effective IV 85.0% (ATM 0.0% + spread 42.5% + bias) — expensive
Total drag 58.29% (spread 42.50% + slippage 15.79%) — high friction
Vega efficiency 0.00 (vega 0.000 / spread 42.50%) — spread drag
Bullish or bearish?
Analyzes
Conviction-weighted: +10% (bullish) — Raw: +31%
|OI skew| 44.7% — call-heavy
Vol skew +86.3%, OI skew +44.7% — aligned
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: -50%, ATM: +100%, OTM: +29% — bullish (ITM/ATM divergent)
Sector P/C percentile 17% — very bullish vs sector
Unusual activity?
Detects volume surges,
Volume 0.3x avg — normal
Vol/OI 0.5% — normal turnover
Top 3 strikes = 50% — dispersed
1 day(s) elevated — may be one-day event
OI change +3.7% (5d) — building
Sector activity percentile 31% — below sector avg
Large trade volume 0% — mostly retail
Aggressive execution 36% — patient
Conviction +10 (bullish) — mixed
Can I trade efficiently?
Evaluates
Spread 42.5% — wide
OI 34,602 — adequate
Volume 190/day — thin
$2.12 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 0% — much tighter than sector
Depth 269.7 contracts (bid:172.6 ask:97.1) — adequate
Avg slippage 15.79% — poor
Is now a good time?
Considers earnings proximity,
Slope +0.0% — flat/unclear
IV percentile 50% — neutral
IV kink 0.0pts — no clear event
θ/ν ratio 1.00 — favors mixed
3 liquid expirations — flexible
caution advised: No earnings detected; CPI in 1d (HIGH)
Spread ratio 1.00x — stable
Flow +10% @ 55% consistency — unclear
Score 30 (ITM 20% + inst 0%) — retail dominated
For educational purposes only. Not investment advice.