AInvestOption Pilot Program
Options/NVDG
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NVDGLeverage Shares 2X Long NVDA Daily ETF

Options Analysis Report
Market Cap: --|NASDAQ
● 2026-08-31$19.20
BULLISH
Analysis: 2026-08-28 EOD data
1Y +12.3%YTD +11.6%7D +7.5%
250
30D
±18.1%
0%

NVDG Options Overview

IV is elevated with bullish flow and unusual activity. No clear edge detected.

REWARDS

RISK ANALYSIS

5.3VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Favorable conditions for premium sellers

Learn
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NVDG Gamma Walls

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Value

Is IV priced right?

5.5
ExpensiveCheap

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

levels.

Risk Checks4/9 checks passed
≤35%

IV Rank 89.3% — elevated vs history

<1.05x

IV/HV 0.79x — IV ≤ HV

Sector Relative≤50%

Sector percentile 89% — above sector median

<1.1x

Front/Back 0.86x — contango

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 70.2% — normal range

<80%

Effective IV 117.8% (ATM 70.2% + spread 23.8% + bias) — expensive

<3.0%

Total drag 29.84% (spread 23.81% + slippage 6.03%) — high friction

≥5.0

Vega efficiency 2.13 (vega 5.064 / spread 23.81%) — spread drag

Sentiment

Bullish or bearish?

4.7
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksVery Bearish - Strong signal (Conviction: -51%, Raw: -53%)
|net sentiment| ≥25%

Conviction-weighted: -51% (strong bearish) — Raw: -53%

≥15%

|OI skew| 90.7% — call-heavy

Same sign, |vol skew| ≥10%

Vol skew +87.2%, OI skew +90.7% — 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: -36%, ATM: -62%, OTM: -93% — strong bearish (ITM/ATM aligned)

Sector Relative≤40% or ≥60%

Sector P/C percentile 8% — very bullish vs sector

Activity

Unusual activity?

6.2
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks5/8 checks passed
≥1.5x

Volume 1.8x avg — elevated

≥15%

Vol/OI 10.0% — normal turnover

≥2 days

3 day(s) elevated — sustained

≥5%

OI change +28.9% (5d) — building

Sector Relative≥60%

Sector activity percentile 88% — very active vs sector

≥30%

Large trade volume 0% — mostly retail

≥60%

Aggressive execution 17% — patient

≥30

Conviction -51 (bearish) — strong conviction

Liquidity

Can I trade efficiently?

2.6
IlliquidLiquid

Evaluates

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

Risk Checks1/8 checks passed
≤5.0%

Spread 23.8% — wide

≥10,000

OI 2,510 — thin

≥500

Volume 250/day — thin

≤$0.50

$1.19 to cross — expensive

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 93% — much wider than sector

≥100 contracts

Depth 223.9 contracts (bid:100.5 ask:123.4) — adequate

<1.0%

Avg slippage 6.03% — poor

Timing

Is now a good time?

7.4
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

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

Slope -14.0% — contango

<30 or >70

IV percentile 89% — seller opportunity

≥10pts kink

IV kink -9.2pts — no clear event

<0.5 or >2.0

θ/ν ratio 429.15 — favors income trades

≥3 expirations

4 liquid expirations — flexible

≥60% (safe)

safe window: No earnings detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow -51% @ 76% consistency — STRONG directional (bearish)

≥40 composite score

Score 30 (ITM 20% + inst 0%) — retail dominated

Directional Strategy Fit

Option Buyers
Long Calls6.0
bullishIV fair, mixed flow
Long Puts5.3
bearishIV fair, mixed flow
Premium Sellers
Cash-Secured Put4.6
bullishIV fair, mixed flow
Covered Call4.8
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 NVDG

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