PTCTPTC Therapeutics, Inc.
PTCT Options Overview
IV is elevated with bullish flow. No clear edge detected.
REWARDS
RISK ANALYSIS
PTCT Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 79.7% — elevated vs history
IV/HV 1.73x — IV premium over HV
Sector percentile 52% — above sector median
Front/Back 1.02x — flat
Put/Call IV 1.16x — elevated
ATM IV 54.4% — normal range
Effective IV 69.4% (ATM 54.4% + spread 7.5% + bias) — fair
Total drag 12.54% (spread 7.49% + slippage 5.05%) — high friction
Vega efficiency 20.29 (vega 15.197 / spread 7.49%) — efficient
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: +80% (strong bullish) — Raw: +60%
|OI skew| 70.6% — call-heavy
Vol skew +89.7%, OI skew +70.6% — aligned
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +82%, ATM: +79%, OTM: -60% — strong bullish (ITM/ATM aligned)
Sector P/C percentile 12% — very bullish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 1.2x avg — normal
Vol/OI 1.8% — normal turnover
1 day(s) elevated — may be one-day event
OI change +1.5% (5d) — stable
Sector activity percentile 53% — neutral vs sector
Large trade volume 41% — institutional presence
Aggressive execution 41% — patient
Conviction +80 (bullish) — strong conviction
Liquidity
Can I trade efficiently?
Evaluates
Spread 7.5% — wide
OI 19,894 — adequate
Volume 369/day — thin
$0.37 to cross — cheap
0 liquid strikes — limited options
Sector spread percentile 80% — wider than sector
Depth 99.0 contracts (bid:33.6 ask:65.4) — thin
Avg slippage 5.05% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope +2.4% — flat/unclear
IV percentile 80% — seller opportunity
IV kink 0.8pts — no clear event
θ/ν ratio 368.85 — favors income trades
3 liquid expirations — flexible
safe window: No events detected
Spread ratio 1.00x — stable
Flow +80% @ 90% consistency — STRONG directional (bullish)
Score 71 (ITM 20% + inst 41%) — HIGH institutional
Directional Strategy Fit
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.